The global rendered poultry products market is estimated to be valued at US$ 6,919 million in 2023. The sales of rendered poultry products are anticipated to progress at a CAGR of 3.25% to surpass US$ 9,530 million by 2033.
Key Growth Drivers in Rendered Poultry Products Industry:
A Few Factors Restraining the Growth in the Market include:
Exploring Investment Opportunities and Unique Trends in the Rendered Poultry Products Industry
The rendered poultry products industry offers various investment opportunities, ranging from technology and innovation to infrastructure development. With the increasing demand for sustainable and eco-friendly practices in the food industry, investing in the production and distribution of rendered poultry products can be an excellent opportunity for investors. In addition, advancements in rendering technology can provide opportunities for the development of new and innovative products.
One of the unique trends in the rendered poultry products industry is the growing demand for organic and non-GMO products. Consumers are becoming more health-conscious and environmentally aware, leading to an increase in demand for natural and organic products. In addition, the industry is witnessing a rise in the use of rendered poultry products in pharmaceuticals and nutraceuticals, providing an exciting opportunity for the development of new products.
| Attributes | Details |
|---|---|
| Rendered Poultry Products Market Analysis Estimated Year Value (2023E) | US$ 6,919 million |
| Rendered Poultry Products Market Analysis Projected Year Value (2033F) | US$ 9,530 million |
| Value CAGR (2023 to 2033) | 3.25% |
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
The rendered poultry products market experienced significant growth in the past decade, driven by increasing demand for animal protein and pet food. As well as rising consumer awareness of the health benefits of protein-rich diets. In the period between 2018 to 2022, the global rendered poultry products market saw a steady increase in demand due to the growth of the poultry industry; which was the main source of raw materials for rendered poultry products.
The market was also driven by the increasing demand for animal feed, which was a key end-use segment of rendered poultry products. The growing pet population and the increasing trend of pet humanization further boosted demand for rendered poultry products as an ingredient in pet food. The Asia Pacific region was a key market for rendered poultry products, driven by the high demand for animal feed and meat products in countries like China and India.
The rendered poultry products market is anticipated to record a CAGR of 3.25% from 2023 to 2033, reaching a market value of US$ 9,530 million by 2033.
The sales of rendered poultry products are expected to be driven by the increasing demand for protein-rich diets and sustainable animal feed. The market is expected to witness significant growth due to the rising demand for pet food, as well as the increasing awareness of the nutritional benefits of poultry protein.
The use of rendered poultry products as a feed ingredient for aquaculture is also expected to contribute to market growth, as the aquaculture industry continues to expand globally. The Asia Pacific region is expected to remain the leading market for rendered poultry products, followed by North America and Europe.
However, the market also faces challenges, such as regulatory issues related to the use of animal by-products in animal feed. As well as concerns over animal welfare and sustainability. The industry is expected to focus on developing new technologies and sustainable production methods. In order to address these challenges and meet the growing demand for high-quality rendered poultry products.
Principal Consultant
In 2022, the United States accounted for around 30% of the global rendered poultry products market. The rendered poultry products industry in the United States is one of the leading in the world, accounting for a significant share of the global market. The country is a key producer and exporter of poultry products. Moreover, the industry is highly diversified, with a wide range of products, including chicken fat, poultry meal, and feather meal. The industry is expected to continue to grow, driven by increasing demand for animal feed, biofuels, and other industrial applications.
In 2022, Germany accounted for around 15% of the global rendered poultry products market. The rendered poultry products industry in Germany is one of the advanced and well-developed in the world. The country is a key producer and exporter of poultry products, and its industry is highly specialized, with a focus on producing high-quality, value-added products, including animal feed, pet food, and cosmetics. The industry is expected to continue to grow, driven by increasing demand for high-quality protein products and rising awareness about animal welfare and food safety.
In 2022, China accounted for around 35% of the global rendered poultry products industry. The rendered poultry products industry in China is rapidly growing, driven by increasing demand for high-quality protein products and rising awareness about food safety and animal health. The country is a key producer and consumer of poultry products, and its industry is highly diversified, with a wide range of products, including animal feed, pet food, and cosmetics. The industry is expected to continue to grow, driven by increasing demand from domestic and international markets.
In 2022, Japan accounted for around 10% of the global rendered poultry products market. The rendered poultry products industry in Japan is among the mature and refined ones. The country is a key producer and consumer of poultry products, and its industry is highly specialized, with a focus on producing high-quality, value-added products, including animal feed, pet food, and cosmetics. The industry is expected to continue to grow, driven by increasing demand for high-quality protein products and rising awareness about food safety and animal welfare.
The protein meal segment dominates the market, capturing 65% of the share in 2022. This segment's growth is driven by the increasing demand for high-protein animal feed and the growing trend of replacing fishmeal with a poultry protein meal. In addition, the segment's growth is attributed to the expanding poultry production industry and the need for sustainable protein sources.
The feed grade segment is dominating the market, accounting for 70% of the share. This segment's growth is driven by the increasing demand for high-quality animal feed. Additionally, the rising awareness of the benefits of including rendered poultry grease in animal diets. Therefore, the growth of the segment is also attributed to the expanding poultry production industry and the need for sustainable protein sources.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
The rendered poultry products industry is highly competitive, with a few key players dominating the market. These companies operate globally, utilizing advanced technologies and efficient distribution networks to maintain their market position. However, there are significant challenges to staying at the top of the market, including regulatory compliance, changing consumer preferences, and shifting economic conditions.
What Key Players in the Market are Doing?
Tyson Foods is a leading player in the rendered poultry products industry, with a diverse portfolio of products, including protein meals, fats, and oils. The company operates in several countries and has a well-established distribution network. To maintain its position in the market, Tyson Foods has focused on product innovation and sustainability. It also invests in new technologies and processes to reduce its environmental impact.
Darling Ingredients is another key player in the rendered poultry products industry, with a focus on producing sustainable and high-quality products. The company utilizes advanced rendering technologies to extract maximum value from its raw materials. It has a strong presence in the animal feed and pet food markets.
JBS USA is a global leader in the poultry industry, with a significant presence in the rendered poultry products market. The company's focus on innovation and product quality has helped it maintain its market position. It has recently invested in new processing technologies to improve its efficiency and reduce its environmental impact.
Untapped Investment Opportunities for New Entrants:
There are significant investment opportunities for new entrants in the rendered poultry products industry.
The market is forecast to register a CAGR of 3.25% through 2033.
The market is valued to hit US$ 9,530 million by 2033.
30% of the global rendered poultry products market is dominated by the United States.
15% of the global market is represented by Germany.
About 35% of the global rendered poultry products market is based in China.
1. Executive Summary | Rendered Poultry Products Market
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyer’s
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033
4.1. Historical Market Size Value (US$ Million) & Volume (MT) Analysis, 2018 to 2022
4.2. Current and Future Market Size Value (US$ Million) & Volume (MT) Projections, 2023 to 2033
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Type
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) & Volume (MT) Analysis By Type, 2018 to 2022
5.3. Current and Future Market Size Value (US$ Million) & Volume (MT) Analysis and Forecast By Type, 2023 to 2033
5.3.1. Poultry Fat
5.3.2. Grease
5.3.3. Protein Meal
5.3.4. Others
5.4. Y-o-Y Growth Trend Analysis By Type, 2018 to 2022
5.5. Absolute $ Opportunity Analysis By Type, 2023 to 2033
6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Grade
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) & Volume (MT) Analysis By Grade, 2018 to 2022
6.3. Current and Future Market Size Value (US$ Million) & Volume (MT) Analysis and Forecast By Grade, 2023 to 2033
6.3.1. Food Grade
6.3.2. Feed Grade
6.3.3. Industrial Grade
6.4. Y-o-Y Growth Trend Analysis By Grade, 2018 to 2022
6.5. Absolute $ Opportunity Analysis By Grade, 2023 to 2033
7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Million) & Volume (MT) Analysis By Application, 2018 to 2022
7.3. Current and Future Market Size Value (US$ Million) & Volume (MT) Analysis and Forecast By Application, 2023 to 2033
7.3.1. Animal Feed
7.3.2. Food & Beverages
7.3.3. Cosmetics
7.3.4. Bio-fuel
7.3.5. Fertilizers
7.3.6. Others
7.4. Y-o-Y Growth Trend Analysis By Application, 2018 to 2022
7.5. Absolute $ Opportunity Analysis By Application, 2023 to 2033
8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region
8.1. Introduction
8.2. Historical Market Size Value (US$ Million) & Volume (MT) Analysis By Region, 2018 to 2022
8.3. Current Market Size Value (US$ Million) & Volume (MT) Analysis and Forecast By Region, 2023 to 2033
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. MEA
8.4. Market Attractiveness Analysis By Region
9. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
9.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2018 to 2022
9.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2023 to 2033
9.2.1. By Country
9.2.1.1. The USA
9.2.1.2. Canada
9.2.2. By Type
9.2.3. By Grade
9.2.4. By Application
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Type
9.3.3. By Grade
9.3.4. By Application
9.4. Key Takeaways
10. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
10.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2018 to 2022
10.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2023 to 2033
10.2.1. By Country
10.2.1.1. Brazil
10.2.1.2. Mexico
10.2.1.3. Rest of Latin America
10.2.2. By Type
10.2.3. By Grade
10.2.4. By Application
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Type
10.3.3. By Grade
10.3.4. By Application
10.4. Key Takeaways
11. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
11.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2018 to 2022
11.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2023 to 2033
11.2.1. By Country
11.2.1.1. Germany
11.2.1.2. United Kingdom
11.2.1.3. France
11.2.1.4. Spain
11.2.1.5. Italy
11.2.1.6. Rest of Europe
11.2.2. By Type
11.2.3. By Grade
11.2.4. By Application
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Type
11.3.3. By Grade
11.3.4. By Application
11.4. Key Takeaways
12. Asia Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
12.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2018 to 2022
12.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2023 to 2033
12.2.1. By Country
12.2.1.1. China
12.2.1.2. Japan
12.2.1.3. South Korea
12.2.1.4. Singapore
12.2.1.5. Thailand
12.2.1.6. Indonesia
12.2.1.7. Australia
12.2.1.8. New Zealand
12.2.1.9. Rest of Asia Pacific
12.2.2. By Type
12.2.3. By Grade
12.2.4. By Application
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Type
12.3.3. By Grade
12.3.4. By Application
12.4. Key Takeaways
13. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
13.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2018 to 2022
13.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2023 to 2033
13.2.1. By Country
13.2.1.1. GCC Countries
13.2.1.2. South Africa
13.2.1.3. Israel
13.2.1.4. Rest of MEA
13.2.2. By Type
13.2.3. By Grade
13.2.4. By Application
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Type
13.3.3. By Grade
13.3.4. By Application
13.4. Key Takeaways
14. Key Countries Market Analysis
14.1. USA
14.1.1. Pricing Analysis
14.1.2. Market Share Analysis, 2022
14.1.2.1. By Type
14.1.2.2. By Grade
14.1.2.3. By Application
14.2. Canada
14.2.1. Pricing Analysis
14.2.2. Market Share Analysis, 2022
14.2.2.1. By Type
14.2.2.2. By Grade
14.2.2.3. By Application
14.3. Brazil
14.3.1. Pricing Analysis
14.3.2. Market Share Analysis, 2022
14.3.2.1. By Type
14.3.2.2. By Grade
14.3.2.3. By Application
14.4. Mexico
14.4.1. Pricing Analysis
14.4.2. Market Share Analysis, 2022
14.4.2.1. By Type
14.4.2.2. By Grade
14.4.2.3. By Application
14.5. Germany
14.5.1. Pricing Analysis
14.5.2. Market Share Analysis, 2022
14.5.2.1. By Type
14.5.2.2. By Grade
14.5.2.3. By Application
14.6. United Kingdom
14.6.1. Pricing Analysis
14.6.2. Market Share Analysis, 2022
14.6.2.1. By Type
14.6.2.2. By Grade
14.6.2.3. By Application
14.7. France
14.7.1. Pricing Analysis
14.7.2. Market Share Analysis, 2022
14.7.2.1. By Type
14.7.2.2. By Grade
14.7.2.3. By Application
14.8. Spain
14.8.1. Pricing Analysis
14.8.2. Market Share Analysis, 2022
14.8.2.1. By Type
14.8.2.2. By Grade
14.8.2.3. By Application
14.9. Italy
14.9.1. Pricing Analysis
14.9.2. Market Share Analysis, 2022
14.9.2.1. By Type
14.9.2.2. By Grade
14.9.2.3. By Application
14.10. China
14.10.1. Pricing Analysis
14.10.2. Market Share Analysis, 2022
14.10.2.1. By Type
14.10.2.2. By Grade
14.10.2.3. By Application
14.11. Japan
14.11.1. Pricing Analysis
14.11.2. Market Share Analysis, 2022
14.11.2.1. By Type
14.11.2.2. By Grade
14.11.2.3. By Application
14.12. South Korea
14.12.1. Pricing Analysis
14.12.2. Market Share Analysis, 2022
14.12.2.1. By Type
14.12.2.2. By Grade
14.12.2.3. By Application
14.13. Singapore
14.13.1. Pricing Analysis
14.13.2. Market Share Analysis, 2022
14.13.2.1. By Type
14.13.2.2. By Grade
14.13.2.3. By Application
14.14. Thailand
14.14.1. Pricing Analysis
14.14.2. Market Share Analysis, 2022
14.14.2.1. By Type
14.14.2.2. By Grade
14.14.2.3. By Application
14.15. Indonesia
14.15.1. Pricing Analysis
14.15.2. Market Share Analysis, 2022
14.15.2.1. By Type
14.15.2.2. By Grade
14.15.2.3. By Application
14.16. Australia
14.16.1. Pricing Analysis
14.16.2. Market Share Analysis, 2022
14.16.2.1. By Type
14.16.2.2. By Grade
14.16.2.3. By Application
14.17. New Zealand
14.17.1. Pricing Analysis
14.17.2. Market Share Analysis, 2022
14.17.2.1. By Type
14.17.2.2. By Grade
14.17.2.3. By Application
14.18. GCC Countries
14.18.1. Pricing Analysis
14.18.2. Market Share Analysis, 2022
14.18.2.1. By Type
14.18.2.2. By Grade
14.18.2.3. By Application
14.19. South Africa
14.19.1. Pricing Analysis
14.19.2. Market Share Analysis, 2022
14.19.2.1. By Type
14.19.2.2. By Grade
14.19.2.3. By Application
14.20. Israel
14.20.1. Pricing Analysis
14.20.2. Market Share Analysis, 2022
14.20.2.1. By Type
14.20.2.2. By Grade
14.20.2.3. By Application
15. Market Structure Analysis
15.1. Competition Dashboard
15.2. Competition Benchmarking
15.3. Market Share Analysis of Top Players
15.3.1. By Regional
15.3.2. By Type
15.3.3. By Grade
15.3.4. By Application
16. Competition Analysis
16.1. Competition Deep Dive
16.1.1. Tyson Foods Inc.
16.1.1.1. Overview
16.1.1.2. Product Portfolio
16.1.1.3. Profitability by Market Segments
16.1.1.4. Sales Footprint
16.1.1.5. Strategy Overview
16.1.1.5.1. Marketing Strategy
16.1.1.5.2. Product Strategy
16.1.1.5.3. Channel Strategy
16.1.2. JG Pears
16.1.2.1. Overview
16.1.2.2. Product Portfolio
16.1.2.3. Profitability by Market Segments
16.1.2.4. Sales Footprint
16.1.2.5. Strategy Overview
16.1.2.5.1. Marketing Strategy
16.1.2.5.2. Product Strategy
16.1.2.5.3. Channel Strategy
16.1.3. Brazilian Renderers
16.1.3.1. Overview
16.1.3.2. Product Portfolio
16.1.3.3. Profitability by Market Segments
16.1.3.4. Sales Footprint
16.1.3.5. Strategy Overview
16.1.3.5.1. Marketing Strategy
16.1.3.5.2. Product Strategy
16.1.3.5.3. Channel Strategy
16.1.4. West Coast Reduction Ltd.
16.1.4.1. Overview
16.1.4.2. Product Portfolio
16.1.4.3. Profitability by Market Segments
16.1.4.4. Sales Footprint
16.1.4.5. Strategy Overview
16.1.4.5.1. Marketing Strategy
16.1.4.5.2. Product Strategy
16.1.4.5.3. Channel Strategy
16.1.5. The Leo Group
16.1.5.1. Overview
16.1.5.2. Product Portfolio
16.1.5.3. Profitability by Market Segments
16.1.5.4. Sales Footprint
16.1.5.5. Strategy Overview
16.1.5.5.1. Marketing Strategy
16.1.5.5.2. Product Strategy
16.1.5.5.3. Channel Strategy
16.1.6. The Tonnies Group
16.1.6.1. Overview
16.1.6.2. Product Portfolio
16.1.6.3. Profitability by Market Segments
16.1.6.4. Sales Footprint
16.1.6.5. Strategy Overview
16.1.6.5.1. Marketing Strategy
16.1.6.5.2. Product Strategy
16.1.6.5.3. Channel Strategy
16.1.7. Allanasons Pvt. Ltd.
16.1.7.1. Overview
16.1.7.2. Product Portfolio
16.1.7.3. Profitability by Market Segments
16.1.7.4. Sales Footprint
16.1.7.5. Strategy Overview
16.1.7.5.1. Marketing Strategy
16.1.7.5.2. Product Strategy
16.1.7.5.3. Channel Strategy
16.1.8. Akiolis Group
16.1.8.1. Overview
16.1.8.2. Product Portfolio
16.1.8.3. Profitability by Market Segments
16.1.8.4. Sales Footprint
16.1.8.5. Strategy Overview
16.1.8.5.1. Marketing Strategy
16.1.8.5.2. Product Strategy
16.1.8.5.3. Channel Strategy
16.1.9. Darling Ingredients Inc.
16.1.9.1. Overview
16.1.9.2. Product Portfolio
16.1.9.3. Profitability by Market Segments
16.1.9.4. Sales Footprint
16.1.9.5. Strategy Overview
16.1.9.5.1. Marketing Strategy
16.1.9.5.2. Product Strategy
16.1.9.5.3. Channel Strategy
16.1.10. Nordfeed
16.1.10.1. Overview
16.1.10.2. Product Portfolio
16.1.10.3. Profitability by Market Segments
16.1.10.4. Sales Footprint
16.1.10.5. Strategy Overview
16.1.10.5.1. Marketing Strategy
16.1.10.5.2. Product Strategy
16.1.10.5.3. Channel Strategy
17. Assumptions & Acronyms Used
18. Research Methodology
Explore Food and Beverage Insights
View Reports
Rendered Poultry Products Market
