Rendered Poultry Products Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Rendered Poultry Products Market
The rendered poultry products market size was valued at USD 6.74 billion in 2022, and the market is now projected to grow from USD 6.92 billion in 2023 to USD 8.65 billion by 2030, exhibiting a CAGR of 3.24% during the forecast period of 2023-2030.
The rendering industry saw substantial interruptions in the marketplace due to the rapid outbreak of the COVID-19 pandemic. National lockdowns and severe governmental guidelines across numerous countries have strictly affected the food and nourish processing trades in terms of constant making, raw material obtaining, and new product endorsements.
The rendering process has been used to reprocess unwanted animal tissues into food and manures, which are used to produce the next generation of food. Rendered poultry products play a vibrant role in numerous uses, such as in the making of pet nutrition, jellies, jams, manures, and medicines. Also, in order to achieve the surging demand for value-added animal food, agriculturalists are trying to strengthen their livestock routing doings which will further increase the manufacturing rate universally which will upsurge rendered poultry products market growth.
The agro-food industry produces huge quantities of left-over that contributes to ecological pollution. Animal fat contains of key related leftover generated from animal slaughtering and the meat industry, and the handling of such waste is relatively expensive due to severe ecological guidelines. Biodiesel comprises a sensible renewable source of energy and has occurred as a substitute for fossil diesel as it is decomposable, non-toxic, and also contributes to decreasing conservatory gas releases.
Comprehensive Analysis of Rendered Poultry Products Market
The market can be segmented in various ways depending on the focus of study such as by type and by grade. Based on the type, the market is segmented into poultry fat, grease, protein meal, and others. By grade, the market is segmented into food grade, feed grade, and industrial grade.
North America region is dominating the rendered poultry products market share due to increasing demand for superior-quality animal feed for enlightening the likely of farm animals.
The key players are dynamically contributing in strategic events that are aimed at maintaining strong market position and growing market share by merger, partnerships and others. These players include
Tyson Foods Inc. (U.S.), JG Pears (U.K.), Brazilian Renderers (Brazil), West Coast Reduction Ltd. (U.S.), The Leo Group (U.K.), The Tonnies Group (Germany), Allanasons Pvt. Ltd. (India), Akiolis Group (France), Darling Ingredients Inc. (U.S.), Nordfeed (Turkey) these market players spending severely on research and development in order to arise with more new technology so that they can maintain and improve their existing market.
In May 2022, Darling Ingredients Inc. has effectively acquired 18 executing plants from Valley Proteins Inc. This achievement will strengthen Darling Ingredients' rendering business, supporting in its development and augmenting its capacity to provide further low carbon intensity feedstock internationally.
Segmentation Table
ATTRIBUTEDETAILS
Study Period 2019-2030
Base Year 2022
Estimated Year 2023
Forecast Period 2023-2030
Historical Period 2019-2021
Growth Rate CAGR of 3.24% from 2023 to 2030
Unit Value (USD Billion)
Segmentation By Type
Poultry Fat
Grease
Protein Meal
Others
By Grade
Food Grade
Feed Grade
Industrial Grade
By Geography
North America (By Type, Grade, and Country)
- U.S. (By Grade)
- Canada (By Grade)
- Mexico (By Grade)
Europe (By Type, Grade, and Country)
- U.K. (By Grade)
- France (By Grade)
- Germany (By Grade)
- Italy (By Grade)
- Spain (By Grade)
- Rest of Europe (By Grade)
Asia Pacific (By Type, Grade, and Country)
- China (By Grade)
- India (By Grade)
- Japan (By Grade)
- Australia (By Grade)
- Rest of Asia Pacific (By Grade)
South America (By Type, Grade, and Country)
- Brazil (By Grade)
- Argentina (By Grade)
- Rest of South America (By Grade)
Middle East and Africa (By Type, Grade, and Country)
- South Africa (By Grade)
- Turkey (By Grade)
- Rest of Middle East & Africa (By Grade)
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- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
- 4. Key Insights
- 4.1. Overview of the Related/Parent Market
- 4.2. Industry SWOT Analysis
- 4.3. Supply Chain and Regulatory Landscape
- 4.4. Price Trend Analysis
- 4.5. Macro and Micro Economic Factors
- 4.6. Impact of COVID-19 & Recent Developments
- 5. Global Heating Appliances Market Analysis, Insights and Forecast, 2019-2030
- 5.1. Key Findings / Summary
- 5.2. Market Size Estimates and Forecast
- 5.2.1. By Fuel Type
- 5.2.1.1. Natural Gas
- 5.2.1.2. Liquefied Petroleum Gas (LPG)
- 5.2.1.3. Propane/ Butane
- 5.2.2. By End-user
- 5.2.2.1. Residential
- 5.2.2.1.1. Space Heating Appliances Markets
- 5.2.2.1.2. Cooking Appliances
- 5.2.2.1.3. Clothes Drying
- 5.2.2.1.4. Water Heaters
- 5.2.2.2. Commercial
- 5.2.2.2.1. Space Heating Appliances Markets
- 5.2.2.2.2. Cooking Appliances
- 5.2.2.2.3. Clothes Drying
- 5.2.2.2.4. Water Heaters
- 5.2.3. By Region
- 5.2.3.1. North America
- 5.2.3.2. Europe
- 5.2.3.3. Asia Pacific
- 5.2.3.4. Latin America
- 5.2.3.5. Middle East & Africa
- 6. North America Heating Appliances Market Analysis, Insights and Forecast, 2019-2030
- 6.1. Key Findings / Summary
- 6.2. Market Size Estimates and Forecast
- 6.2.1. By Fuel Type
- 6.2.1.1. Natural Gas
- 6.2.1.2. Liquefied Petroleum Gas (LPG)
- 6.2.1.3. Propane/ Butane
- 6.2.2. By End-user
- 6.2.2.1. Residential
- 6.2.2.1.1. Space Heating Appliances Markets
- 6.2.2.1.2. Cooking Appliances
- 6.2.2.1.3. Clothes Drying
- 6.2.2.1.4. Water Heaters
- 6.2.2.2. Commercial
- 6.2.2.2.1. Space Heating Appliances Markets
- 6.2.2.2.2. Cooking Appliances
- 6.2.2.2.3. Clothes Drying
- 6.2.2.2.4. Water Heaters
- 6.2.3. By Country (Value)
- 6.2.3.1. U.S.
- 6.2.3.2. Canada
- 7. Europe Heating Appliances Market Analysis, Insights and Forecast, 2019-2030
- 7.1. Key Findings / Summary
- 7.2. Market Size Estimates and Forecast
- 7.2.1. By Fuel Type
- 7.2.1.1. Natural Gas
- 7.2.1.2. Liquefied Petroleum Gas (LPG)
- 7.2.1.3. Propane/ Butane
- 7.2.2. By End-user
- 7.2.2.1. Residential
- 7.2.2.1.1. Space Heating Appliances Markets
- 7.2.2.1.2. Cooking Appliances
- 7.2.2.1.3. Clothes Drying
- 7.2.2.1.4. Water Heaters
- 7.2.2.2. Commercial
- 7.2.2.2.1. Space Heating Appliances Markets
- 7.2.2.2.2. Cooking Appliances
- 7.2.2.2.3. Clothes Drying
- 7.2.2.2.4. Water Heaters
- 7.2.3. By Country (Value)
- 7.2.3.1. Germany
- 7.2.3.2. U.K.
- 7.2.3.3. France
- 7.2.3.4. Rest of Europe
- 8. Asia Pacific Heating Appliances Market Analysis, Insights and Forecast, 2019-2030
- 8.1. Key Findings / Summary
- 8.2. Market Size Estimates and Forecast
- 8.2.1. By Fuel Type
- 8.2.1.1. Natural Gas
- 8.2.1.2. Liquefied Petroleum Gas (LPG)
- 8.2.1.3. Propane/ Butane
- 8.2.2. By End-user
- 8.2.2.1. Residential
- 8.2.2.1.1. Space Heating Appliances Markets
- 8.2.2.1.2. Cooking Appliances
- 8.2.2.1.3. Clothes Drying
- 8.2.2.1.4. Water Heaters
- 8.2.2.2. Commercial
- 8.2.2.2.1. Space Heating Appliances Markets
- 8.2.2.2.2. Cooking Appliances
- 8.2.2.2.3. Clothes Drying
- 8.2.2.2.4. Water Heaters
- 8.2.3. By Country (Value)
- 8.2.3.1. China
- 8.2.3.2. India
- 8.2.3.3. Japan
- 8.2.3.4. Southeast Asia
- 8.2.3.5. Rest of Asia Pacific
- 9. Latin America Heating Appliances Market Analysis, Insights and Forecast, 2019-2030
- 9.1. Key Findings / Summary
- 9.2. Market Size Estimates and Forecast
- 9.2.1. By Fuel Type
- 9.2.1.1. Natural Gas
- 9.2.1.2. Liquefied Petroleum Gas (LPG)
- 9.2.1.3. Propane/ Butane
- 9.2.2. By End-user
- 9.2.2.1. Residential
- 9.2.2.1.1. Space Heating Appliances Markets
- 9.2.2.1.2. Cooking Appliances
- 9.2.2.1.3. Clothes Drying
- 9.2.2.1.4. Water Heaters
- 9.2.2.2. Commercial
- 9.2.2.2.1. Space Heating Appliances Markets
- 9.2.2.2.2. Cooking Appliances
- 9.2.2.2.3. Clothes Drying
- 9.2.2.2.4. Water Heaters
- 9.2.3. By Country (Value)
- 9.2.3.1. Brazil
- 9.2.3.2. Mexico
- 9.2.3.3. Rest of Latin America
- 10. Middle East & Africa Heating Appliances Market Analysis, Insights and Forecast, 2019-2030
- 10.1. Key Findings / Summary
- 10.2. Market Size Estimates and Forecast
- 10.2.1. By Fuel Type
- 10.2.1.1. Natural Gas
- 10.2.1.2. Liquefied Petroleum Gas (LPG)
- 10.2.1.3. Propane/ Butane
- 10.2.2. By End-user
- 10.2.2.1. Residential
- 10.2.2.1.1. Space Heating Appliances Markets
- 10.2.2.1.2. Cooking Appliances
- 10.2.2.1.3. Clothes Drying
- 10.2.2.1.4. Water Heaters
- 10.2.2.2. Commercial
- 10.2.2.2.1. Space Heating Appliances Markets
- 10.2.2.2.2. Cooking Appliances
- 10.2.2.2.3. Clothes Drying
- 10.2.2.2.4. Water Heaters
- 10.2.3. By Country (Value)
- 10.2.3.1. South Africa
- 10.2.3.2. GCC Countries
- 10.2.3.3. Rest of Middle East & Africa
- 11. Competitive Landscape
- 11.1. Business Strategies Adopted by Leading Players
- 11.2. Global Heating Appliances Market Revenue Share/Ranking Analysis, By Key Manufacturer
- 12. Company Profiles
- 12.1. Hitachi, Ltd.
- 12.1.1. Company Overview
- 12.1.2. Business Overview
- 12.1.3. Product Portfolio
- 12.1.4. Financials (Data as available in public domain and/or on paid databases)
- 12.1.5. Recent Developments
- 12.1.6. SWOT Analysis
- 12.2. Electrolux AB
- 12.2.1. Company Overview
- 12.2.2. Business Overview
- 12.2.3. Product Portfolio
- 12.2.4. Financials (Data as available in public domain and/or on paid databases)
- 12.2.5. Recent Developments
- 12.2.6. SWOT Analysis
- 12.3. Samsung Electronics Co., Ltd.
- 12.3.1. Company Overview
- 12.3.2. Business Overview
- 12.3.3. Product Portfolio
- 12.3.4. Financials (Data as available in public domain and/or on paid databases)
- 12.3.5. Recent Developments
- 12.3.6. SWOT Analysis
- 12.4. Panasonic Corporation
- 12.4.1. Company Overview
- 12.4.2. Business Overview
- 12.4.3. Product Portfolio
- 12.4.4. Financials (Data as available in public domain and/or on paid databases)
- 12.4.5. Recent Developments
- 12.4.6. SWOT Analysis
- 12.5. Robert Bosch GmbH
- 12.5.1. Company Overview
- 12.5.2. Business Overview
- 12.5.3. Product Portfolio
- 12.5.4. Financials (Data as available in public domain and/or on paid databases)
- 12.5.5. Recent Developments
- 12.5.6. SWOT Analysis
- 12.6. Haier Smart Home Co. Ltd.
- 12.6.1. Company Overview
- 12.6.2. Business Overview
- 12.6.3. Product Portfolio
- 12.6.4. Financials (Data as available in public domain and/or on paid databases)
- 12.6.5. Recent Developments
- 12.6.6. SWOT Analysis
- 12.7. Honeywell International Inc.
- 12.7.1. Company Overview
- 12.7.2. Business Overview
- 12.7.3. Product Portfolio
- 12.7.4. Financials (Data as available in public domain and/or on paid databases)
- 12.7.5. Recent Developments
- 12.7.6. SWOT Analysis
- 12.8. LG Electronics Inc.
- 12.8.1. Company Overview
- 12.8.2. Business Overview
- 12.8.3. Product Portfolio
- 12.8.4. Financials (Data as available in public domain and/or on paid databases)
- 12.8.5. Recent Developments
- 12.8.6. SWOT Analysis
- 12.9. Inductotherm Corp.
- 12.9.1. Company Overview
- 12.9.2. Business Overview
- 12.9.3. Product Portfolio
- 12.9.4. Financials (Data as available in public domain and/or on paid databases)
- 12.9.5. Recent Developments
- 12.9.6. SWOT Analysis
- 12.10. Rinnai Corporation
- 12.10.1. Company Overview
- 12.10.2. Business Overview
- 12.10.3. Product Portfolio
- 12.10.4. Financials (Data as available in public domain and/or on paid databases)
- 12.10.5. Recent Developments
- 12.10.6. SWOT Analysis
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