Global Rendered Poultry Products Market Size study & Forecast, by Type (Poultry Fat, Grease, Protein Meal, Others) by Grade (Food Grade, Feed Grade, Industrial Grade) and Regional Analysis, 2022-2029

Global Rendered Poultry Products Market Size study & Forecast, by Type (Poultry Fat, Grease, Protein Meal, Others) by Grade (Food Grade, Feed Grade, Industrial Grade) and Regional Analysis, 2022-2029

Global Rendered Poultry Products Market is valued at approximately USD 6.53 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 3.24% over the forecast period 2022-2029. The rendering of animals is one of the earliest types of recycling involves the remnants of animal tissues that are converted into useful goods including meat meal, poultry meal, bone meal, and others. Such derived products are frequently utilized as feed components for poultry, livestock, aquaculture, and other domestic animals. Rendered poultry products are made by heating and processing poultry byproducts such as fat, skin, and internal organs to extract usable materials. These products are an important source of valuable nutrients and are used in a range of ways in the food and agriculture industries. The emerging use of rendered poultry in the food and feed industry, the growing usage of poultry fat in the production of biodiesel and increasing awareness about rendered animal fats are the primary factors that are propelling the market demand across the globe.

The growing prominence of animal rendering in environmental sustainability further acts as a catalyzing factor for the growth of the market. Environmental sustainability is a major concern in the present scenario. Rendering offer a way to combat the risks it poses to the environment. Rendering is a crucial step in recovering and recycling waste byproducts for new uses, including used cooking oils (UCO) and animal feed. According to the ""American Feed Industry Association,"" 2021, rendering reduces greenhouse gas emissions by 72% and fossil fuel use by 80%, and it also prevents about 90% of all GHG emissions as compared to industrial composting. Rendering has been valued for generations and is recognized as the most sustainable method for lowering food waste, cutting carbon emissions, and reclaiming water. Moreover, the rising development of novel products using animal byproducts, as well as the increasing initiatives by the key market players are presenting various lucrative opportunities over the forecasting years. However, the stringent regulations on rendering activities are hampering the market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Rendered Poultry Products Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America dominated the market in terms of revenue, owing to the flourishing demand for superior-quality animal feed, along with a rising number of rendering plants installation in American countries. Whereas, the Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as the rising focus on the animal feed sector, as well as increasing innovations in the development of value-added byproducts enriched products in the market space.

Major market players included in this report are:
Tyson Foods Inc. (U.S.)
JG Pears (U.K.)
Brazilian Renderers (Brazil)
West Coast Reduction Ltd. (U.S.)
Leo Group (U.K.)
The Tonnies Group (Germany)
Allanasons Pvt. Ltd. (India)
Akiolis Group (France)
Darling Ingredients Inc. (U.S.)
Nordfeed (Turkey)

Recent Developments in the Market:
 In May 2022, Darling Ingredients Inc. unveiled that the company has completed its acquisition of 18 rendering plants of Valley Proteins Inc. as it has a successful rendering business. Accordingly, this initiative assists in strengthening the business strengthening as well as expanding its ability to offer additional low-carbon intensity feedstock in the worldwide market.
 In April 2022, Tyson Foods Inc. announced plans to replace its current River Valley Ingredients plant in Alabama, United States, with a new rendering plant. The new factory is likely to be operational and is located close to the Hanceville Cullman rural site by the end of 2023.

Global Rendered Poultry Products Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Type, Grade, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:
Poultry Fat
Grease
Protein Meal
Others
By Grade:
Solo Entrepreneurs & Individuals
Micro, Small & Medium Enterprises

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World

Companies Mentioned
Tyson Foods Inc. (U.S.)
JG Pears (U.K.)
Brazilian Renderers (Brazil)
West Coast Reduction Ltd. (U.S.)
Leo Group (U.K.)
The Tonnies Group (Germany)
Allanasons Pvt. Ltd. (India)
Akiolis Group (France)
Darling Ingredients Inc. (U.S.)
Nordfeed (Turkey)

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