Rendered Products are animal-based by-products, which are manufactured by processing waste animal tissue into stable, usable materials. It is widely used in animal feed products, pet foods, and to make fertilizers. Rendered products are also used to produce liquefied fats, greases, and oils that can be used in cosmetic products. However, it is also emerging as a substitute of fossil fuel for heating and power generation.
This growth is primarily driven by Increasing Demand of Rendered Products in Chemical and Animal Feed Industries.
Globally, a noticeable market trend is evident Growing Development of New Products and Increasing Investment in R&D Activities by the Key Players. Major Vendors, such as Tyson Foods Inc. (United States), Sanimax (Canada), Darling Ingredients (United States), JBS S.A. (Brazil), Valley Proteins Inc. (United States), SARIA Group (Germany), JG Pears (United Kingdom), Allana Group (India), The Leo Group (United Kingdom) and Tonnies Group (Germany) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In May 2018, Tyson Foods, Inc. purchased the poultry rendering and blending assets of American Proteins, Inc. and AMPRO Products Inc. to expand its footprint in the feed ingredient sector. The acquisition allows Tyson to recycle more animal-based by-products into usable ingredients to meet the need of animal feed, agriculture, and pet food industries.
- Increasing Demand of Rendered Products in Chemical and Animal Feed Industries
- Growing Development of New Products and Increasing Investment in R&D Activities by the Key Players
- Strict Veterinary Principles to Prevent the Spread of Animal Disease and Zoonoses
Growing Use of Rendered Products in Power Stations Due to Lower Carbon Footprint
High Cost of Waste Animal Material
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Rendered Products Study Sheds Light on
The Rendered Products Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Rendered Products industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Rendered Products industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.
Frequently Asked Questions (FAQ):1. What is the growth rate predicted for the Global Rendered Products Market?
The Rendered Products market is expected to see a CAGR of % during projected year 2020 to 2026.
2. Who are the top performing companies in Rendered Products Market?
Top performing companies in the Global Rendered Products market are Tyson Foods Inc. (United States), Sanimax (Canada), Darling Ingredients (United States), JBS S.A. (Brazil), Valley Proteins Inc. (United States), SARIA Group (Germany), JG Pears (United Kingdom), Allana Group (India), The Leo Group (United Kingdom) and Tonnies Group (Germany), to name a few.
3. Which region dominated the worldwide market for Rendered Products in 2020?
is dominating the Rendered Products Market.