Rendered Products Market

Growing demand uses for pet food, animal feed, and cosmetics to propel market growth

The rendering industry has several advantages for the environment, including a reduction in the amount of landfill space needed to dispose of animal waste and the elimination of the overproduction of carbon dioxide from animal waste, reducing greenhouse gas emissions. It is anticipated that growing environmental sustainability concerns will drive the industry. Thus, this factor is driving the market CAGR.

The rendering industry has several advantages for the environment, including a reduction in the amount of landfill space needed to dispose of animal waste and the elimination of the overproduction of carbon dioxide from animal waste, reducing greenhouse gas emissions. It is anticipated that growing environmental sustainability concerns will drive the industry.

An intriguing concept still in its infancy is producing unique products utilizing animal leftovers. An emerging trend in the market is expanding research into how animal feed quality can be improved by expanding the use of goods obtained through rendering. As an illustration, a recent study has raised the possibility of bio transforming residual red blood cells, bone meal, and meat into high-quality antioxidants and astaxanthin for animal feed. Thus, it is anticipated that this aspect will accelerate rendered products market revenue globally.

The Global Rendered Products Market Industry is poised for steady growth, with projections indicating a market size of 19.4 USD Billion in 2024 and an anticipated increase to 24.0 USD Billion by 2035. This growth trajectory suggests a compound annual growth rate (CAGR) of 1.96% from 2025 to 2035. Such figures reflect the increasing reliance on rendered products across various sectors, including animal feed and pet food. The market's expansion is likely driven by factors such as technological advancements, regulatory support, and evolving consumer preferences, which collectively contribute to the industry's robust outlook.

The Global Rendered Products Market Industry is significantly influenced by the expansion of the animal feed sector. Rendered products, such as meat and bone meal, serve as high-protein ingredients in animal feed, contributing to improved livestock productivity. With the global demand for meat and dairy products on the rise, the rendered products market is expected to benefit from this growth. The market is projected to reach 24.0 USD Billion by 2035, indicating a robust demand for rendered ingredients in feed formulations. This trend suggests that as livestock production increases, so too will the reliance on rendered products, enhancing their market presence.

The Global Rendered Products Market Industry experiences a notable shift towards sustainability, driven by increasing consumer awareness regarding environmental impacts. This trend is reflected in the growing preference for rendered products derived from by-products of the meat and poultry industries, which are often considered more sustainable than traditional animal feed sources. As a result, the market is projected to reach 19.4 USD Billion in 2024, with sustainability initiatives likely influencing purchasing decisions. Companies are increasingly adopting eco-friendly practices, which may enhance their market position and appeal to environmentally conscious consumers.

The Global Rendered Products Market Industry benefits from supportive regulatory frameworks that promote the use of rendered products in various applications. Governments worldwide are increasingly recognizing the value of rendered ingredients in animal feed and pet food, leading to favorable regulations that encourage their utilization. This regulatory support may enhance market growth by providing a stable environment for producers and consumers alike. As the industry adapts to these regulations, it is likely to see an increase in the adoption of rendered products, further solidifying their role in the global food supply chain.

The Global Rendered Products Market Industry is positively impacted by the rising trend of pet ownership and the corresponding demand for high-quality pet food. Rendered products, such as meat meals and fats, are essential components in premium pet food formulations, providing necessary nutrients for pet health. As pet ownership continues to grow globally, the market for rendered ingredients in pet food is expected to expand significantly. This trend aligns with the overall growth trajectory of the market, which is projected to reach 19.4 USD Billion in 2024, indicating a strong correlation between pet ownership trends and the demand for rendered products.

Technological innovations in rendering processes are transforming the Global Rendered Products Market Industry. Enhanced methods of processing animal by-products not only improve product quality but also increase efficiency and reduce waste. For instance, advancements in enzymatic hydrolysis and steam sterilization are leading to higher yields of valuable rendered products. These innovations may contribute to the projected CAGR of 1.96% from 2025 to 2035, as they enable producers to meet the growing demand for high-quality rendered ingredients. The integration of technology in rendering operations appears to be a key driver for market growth, fostering competitiveness and sustainability.

By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. North America Rendered Products market accounted for USD 8.656 billion in 2022 with a share of around 45.80% and is expected to exhibit a significant CAGR growth during the study period. The use of these items for value-added animal feed is projected to increase due to the dramatically rising demand for high-quality animal feed to maximize the potential of ranch animals. Additionally, the rising demand for specialty pet food is anticipated to fuel market expansion further.

New product development, partnerships, partnerships, expansions, mergers, and acquisitions are the main strategies used by the organisations in the market.

Further, the major countries studied in the market report are: The U.S, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 2: RENDERED PRODUCTS MARKET SHARE BY REGION 2022 (%)

Source: Secondary Research, Primary Research, Market Research Future Database and Analyst Review

Europe Rendered Products market accounts for the second-largest market share. In the upcoming years, the market share of Europe's rendered products is predicted to increase because of the rising demand for high-quality animal feed and the increasing use of animal byproducts in pet foods. The Feed LCA Institute (GFLI) estimates that Europe processes about 18 million tonnes of animal products annually. Moreover, UK Rendered Products market held the largest market share, and the Germany Rendered Products market was the fastest growing market in the region.

Asia Pacific Rendered Products Market is expected to grow at the fastest CAGR from 2024 to 2032. It can be attributed to the region's expanding food animal industry, changing economics, and growing population. The consumption and production of livestock products have significantly increased in the region, which can help the rendering industry in nations that produce meat, including China and India. Further, the China Rendered Products market held the largest market share, and the India Rendered Products market was the fastest-growing market in the region.

Major market players are spending a lot of money on R&D to increase their product lines, which will help the Rendered Products market grow even more. Market participants are also taking a range of strategic initiatives to grow their worldwide footprint, with key market developments such as new product launches, mergers and acquisitions, contractual agreements, increased investments, and collaboration with other organizations. Competitors in the rendered products industry must offer cost-effective items to expand and survive in an increasingly competitive and rising market environment.

One of the primary business strategies adopted by manufacturers in the rendered products industry to benefit clients and expand the market sector is to manufacture locally to reduce operating costs. In recent years, rendered products industry has provided medicine with some of the most significant benefits. The Rendered Products market major player such as National Renderers Association, Valley Proteins Inc, Smithfield Foods Inc., JBS USA Holdings Inc.

Tyson Foods, Inc. is a worldwide American company headquartered in Springdale, Arkansas that works in the food sector. After JBS S.A., the corporation is the world's second-largest processor and marketer of beef, hog, and chicken. Most of the beef exported from the United States annually comes from this country. Tyson Foods Inc. established a coalition for protein in January 2020 to advance the development of sustainable protein.

The largest meat-processing corporation in the world, JBS S.A., is based in Brazil and produces factory-processed beef, chicken, and pigs in addition to selling its by-products. Its main office is in Sao Paulo. In 1953, it was established in Anápolis, Goiás. In Mato Grosso, Brazil, a new plant owned by JBS SA called Friboi opened in January 2020. This plant initially had a daily processing capacity of 500 animals.