Rendering is a process of converting fatty tissues, bones, offal or an entire carcasses of animals into purified fats, for instance, lard or tallow. The most common animal sources of rendering products are beef, pork, sheep, and poultry.
— Market Definition:
Rendering is a process of converting fatty tissues, bones, offal or an entire carcasses of animals into purified fats, for instance, lard or tallow. The most common animal sources of rendering products are beef, pork, sheep, and poultry. Rendered products are used in various industries such as fertilizers, cosmetics, bio-fuel, animal feed, food industry, and others. Rendered fats are major source of proteins, amino acids, vitamins, and essential minerals in livestock feeding. Moreover, it adds vital elements in fertilizers for plant growth.
Rendering is the best method for animal disposal. Through rendering process, waste animal tissues are converted into stable and value added material, which then used in various industries such as fertilizers, cosmetics, bio-fuel, animal feed, food industry and others.
Market Scenario and Key Restraints:
The rendered products are segregated into three categories based on its usage such as food grade, feed grade, and industrial grade. The rendered products are used for animal feeding since they are a good source of proteins, amino acids, vitamins, and essential minerals. Moreover, rendered inedible fats are used in the preparations of cosmetics, lubricants and cleaning products whereas edible tallow or lard, which are mostly derived from meat processing are further used in the food industry.
Rendering is a process that converts waste animal tissues or the whole animal fatty tissues into purified fats like lard or tallow. The material for rendering process may include fatty tissues, bones, offal or an entire carcasses of animals. The most common animal sources of rendering products are beef, pork, sheep, and poultry.
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Fertilizer derived from animal by-products is rich in phosphorous and contains good quantity of nitrogen and various micro-nutrients. Moreover, growth in fertilizer industry is fueling the growth of rendering products. Also, rising awareness of environmental protection leads the demand for bio-fuels, which flourish the growth of the global rendered products market. Furthermore, growing requirement of animal protein for various usage is driving the market growth of rendered products.
Leading Key Players:
Some of the key players profiled in the global Rendered Products Market are Tyson Foods Inc. (U.S.), JBS USA Holdings Inc. (U.S.), Valley Proteins Inc (U.S.), National Renderers Association (U.S.), West Coast Reduction Ltd. (Canada), Smithfield Foods Inc. (U.S.), SOLEVAL. (France)
On the basis of sources, rendered products are segmented as beef, pork, sheep, poultry, and others. Among all, the beef segment is projected to be dominate the market owing to its beneficial attributes and applications in various industries including animal feed, cosmetics, biofuel, and others.
Based on the categories, rendered products are segmented as food grade, feed grade, and industrial grade. Among all, the feed grade is dominating the market. However, increasing focus on R&D likely to help in the growth of industrial grade segment in the coming years.
On the basis of application, the animal feed industry is witnessing dominance over other industries. However, fertilizer segment has been observing a steady growth from the last few years.
The global rendered products market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). North America is dominating the market, and is projected to continuous growth in the forecast period followed by Europe. In North America, the U.S. is the major contributor to the rendered products market.
Furthermore, rising industrialization of meat may witness a moderate growth in Asia Pacific. Also, leading livestock and meat processing countries such as Argentina, Australia, Brazil, Uruguay, and New Zealand are expected to achieve a steady growth in the forecast period.
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Table of Content
Chapter 1. Methodology And Scope
1.1. Research Methodology
1.1.1 Initial Data Exploration
1.1.2 Statistical Modelling And Forecast
1.1.3 Industry Insights And Validation
1.2. Data Sources
Chapter 2. Executive Summary
2.1. Rendered Products Industry Market Synopsis, 2017-2023
2.1.1 Business Trends
2.1.2 Product Source Trends
2.1.3 Product Category Trends
2.1.4 Product Application Trends
Chapter 3 Rendered Products Industry Insights
3.1 Industry Segmentation
3.2 Industry Size And Forecast
3.3 Industry Ecosystem Analysis
3.4 Industry Impact Forces
3.4.1 Growth Drivers
22.214.171.124 Solution To Major Disposable Problem
126.96.36.199 Application In Wide Range Of Industries
3.4.2 Industry Pitfalls & Challenges
188.8.131.52 Raw Material In Rendering Process Susceptible To Spoilage
184.108.40.206 Increasing Popularity Of Vegan Diet
3.5 Growth Potential Analysis
3.6 Company Market Share Analysis, 2016
3.7 Porter’s Analysis
3.8 PESTEL Analysis
Chapter 4 Rendered Products By Sources Insights
4.1 Global Rendered Products Market Volume Share By Sources, 2017-2023
220.127.116.11 Market Estimates & Forecast, 2017-2023
18.104.22.168 Market Estimates & Forecast, 2017-2023
22.214.171.124 Market Estimates & Forecast, 2017-2023
126.96.36.199 Market Estimates & Forecast, 2017-2023
188.8.131.52 Market Estimates & Forecast, 2017-2023
Chapter 5 Rendered Products By Category Insights
5.1 Global Rendered Products Market Volume Share By Category, 2017-2023
5.1.1 Food Grade
184.108.40.206 Market Estimates & Forecast, 2017-2023
5.1.2 Feed Grade
220.127.116.11 Market Estimates & Forecast, 2017-2023
5.1.3 Industrial Grade
18.104.22.168 Market Estimates & Forecast, 2017-2023
Name: Abhishek Sawant
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