The Business Research Company’s report on the Rendered Poultry Products Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
Which emerging drivers are set to accelerate the growth of the rendered poultry products market further?
The rise in meat production is expected to propel the growth of the rendered poultry products market going forward. Meat production is the process of growing, killing, and then processing animals through several phases for human consumption. It includes animal husbandry, slaughter, and meat processing. Rendered poultry products increase the use of poultry byproducts, reduce waste, and add value to the meat production process by combining beef, chicken, and pork with poultry byproducts. For instance, in April 2023, according to the Foreign Agricultural Service, a US-based government agency, global chicken meat production increased from 101.2 million tons in 2021 to 102 million tons in 2022. Additionally, global beef and veal production increased from 58.4 million tons in 2021 to 59.3 million tons in 2022. Therefore, the rise in meat production is driving the growth of the rendered poultry products market.
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What are the key factors influencing the forecasted market size of the rendered poultry products industry?
The rendered poultry products market size has grown steadily in recent years. It will grow from $6.95 billion in 2024 to $7.18 billion in 2025 at a compound annual growth rate (CAGR) of 3.3%. The growth in the historic period can be attributed to growing demand for animal proteins, expansion of the poultry industry, increasing use of rendered poultry products in animal feed, growing pet food industry, economic growth in developing countries
The rendered poultry products market size is expected to see steady growth in the next few years. It will grow to $8.31 billion in 2029 at a compound annual growth rate (CAGR) of 3.8%. The growth in the forecast period can be attributed to regional market growth, growing interest in sustainable agriculture, global economic recovery, adoption of alternative protein sources, increased demand for high-quality proteins. Major trends in the forecast period include rise in meat production, increased market size, market segmentation by type and grade, technological advancements, market competitor landscape, and macroeconomic factors.
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Who are the leading competitors in the rendered poultry products market?
Major companies operating in the rendered poultry products market include Cargill Inc., JBS USA Holdings Inc., Tyson Foods Inc., Seaboard Corporation, Pilgrim’s Pride Corporation, Perdue Farms Inc., Darling Ingredients Inc., Koch Foods Inc., Sanderson Farms Inc., Leo Group Ltd., Allanasons Pvt Ltd., Sanimax Industries Inc., Valley Proteins Inc., Haarslev Solutions, San Miguel Foods Inc., JG Pears, West Coast Reduction Ltd., Mavitec Group, Baker Commodities Inc., Keystone Foods LLC, FASA Group, Akiolis Group, Brazilian Renderers Association, Nordfeed
Which emerging trends are set to transform the rendered poultry products market landscape?
Increasing investments in rendered poultry products is a key trend gaining popularity in the rendered poultry products market. Major companies operating in the rendered poultry products market are investing in rendered poultry products to sustain their position in the market. For instance, in April 2022, Tyson Foods Inc., a US-based company that manufactures rendered poultry products, invested $208 million in a rendering facility, the Hanceville rendering plant. This investment aids in increasing food output while using less energy and inputs, as well as providing a good, concentrated source of protein for animal feed and pet food. This rendering plant plays a significant role in Alabama’s agricultural industry, providing poultry processing in neighboring states.
How do different geographies compare in terms of market share and growth potential in the rendered poultry products market?
North America was the largest region in the rendered poultry products market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the rendered poultry products market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Which major segments of the rendered poultry products market are experiencing the fastest growth?
The rendered poultry products market covered in this report is segmented –
1) By Type: Poultry Fat, Grease, Protein Meal, Other Types
2) By Grade: Food Grade, Feed Grade, Industrial Grade
3) By Application: Food Industry, Medical Industry, Other Applications
Subsegments:
1) By Poultry Fat: Rendered Poultry Fat, Poultry Oil
2) By Grease: Poultry Grease, Poultry Tallow
3) By Protein Meal: Poultry Meal, Poultry By-Product Meal
4) By Other Types: Feather Meal, Blood Meal, Other Rendered Products
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How is the rendered poultry products market defined, and what are its core characteristics?
Rendered poultry products are ingredients that are obtained through the rendering process, which comprises boiling and processing chicken by-products to extract valuable components. They are widely used as feed ingredients for poultry, livestock, fishing, and other domestic animals.
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