Rendered Products Market Size

Market Size Snapshot

Note – Market size depicts the revenue generated over the financial year

In the Rendered Product Market, the current size of the market is 19.35 billion in 2024, and it is estimated to reach 22.31 billion in 2032. The CAGR for this market is 2.4% from 2024 to 2032. The growth of this market is mainly due to the increasing demand for high-quality tallow in the food, cosmetics and pharmaceutical industries, where the safety and quality of the raw materials are very important. Also driving the growth of the market are technological improvements in the production of tallow, such as energy-saving and low-waste production. These technological improvements not only improve the quality of the products but also achieve sustainable development and meet the needs of consumers and enterprises. The major companies in the rendered products industry, such as Darling Ingredients, Tyson Foods, and JBS S.A., are actively investing in strategic cooperation and R & D to enhance their product quality and expand their market share. The recent development of the sustainable development of the rendering industry shows the industry's innovation and market responsiveness.

Regional Market Size

Regional Deep Dive

The Rendered Oil Market is characterized by the diverse range of applications in various industries, such as food, pet food, and biofuels. Each region is characterized by its own dynamics, influenced by the demand for products, the regulatory framework and the cultural preferences. Market growth is driven by innovations in product development and processing techniques. Moreover, increasing awareness of animal welfare and food safety standards is influencing consumers' preferences.

Europe

• The market for animal by-products is largely influenced by the strict rules on the use of animal by-products. These are based on European Regulation (EC) No 1069/2009, which guarantees the safety and traceability of animal by-products. The stricter the regulations, the more important is the need for innovation in terms of technology, both in terms of ensuring compliance and improving the quality of the end product.
• The circular economy is gaining ground and is being practiced by the ABP Food Group, which converts waste into valuable products. This trend is expected to fuel growth, as consumers will increasingly prefer products that are environmentally friendly.

Asia Pacific

• The Asia-Pacific region is experiencing strong growth in the emulsified products market, especially in China and India, where incomes are rising and meat consumption is increasing. Local companies are expanding their operations to meet this growing demand.
• Innovations in processing technologies, such as enzymatic rendering, are being adopted to improve efficiency and product quality. This trend is expected to enhance the competitiveness of local players in the global market.

Latin America

• In South America, especially in Brazil and Argentina, where cattle-breeding is a large industry, there is a growing interest in the products of the tallow industry. In the export of high-quality meat products, the demand for an efficient rendering industry to utilize the by-products is growing.
• Innovations in sustainable rendering practices are emerging, with companies like JBS investing in technologies that minimize environmental impact. This focus on sustainability is expected to enhance the region's competitiveness in the global market.

North America

• In the United States, a demand for good quality renderings is on the increase, particularly in the pet food industry, where consumers are demanding premium and natural products. Darling Ingredients and Tyson Foods are investing in advanced rendering technology in order to improve product quality and sustainability.
• Regulatory changes, such as the Food and Drug Administration’s (FDA) recent revision of its guidelines on animal by-products, are having a major influence on rendering practices, and are pushing the industry to adopt stricter quality and safety standards. These changes will enhance public trust and thus open up new markets.

Middle East And Africa

• In the Middle East and Africa, the market for phosphates is influenced by the growing demand for animal feed and human food. The specific requirements of Islamic cuisine are influencing the development and marketing of products made from phosphates.
• Governmental initiatives to improve food security and sustainability are resulting in increased investment in the rendering industry. In South Africa, for example, the government is promoting local rendering companies to reduce food waste and enhance food safety. This is expected to drive growth.

Did You Know?

“Did you know that rendered products can be used in over 200 different applications, ranging from food ingredients to biofuels and industrial lubricants?” — National Renderers Association

Segmental Market Size

The market for the rendered fats plays an important role in the food and animal feed industry, which is currently experiencing steady growth. Demand is being driven by the increasing need for high-quality animal feed and the increasing demand for sustainable food. The regulatory framework also encourages the use of rendered fats in animal feed. The current development stage is characterised by a mature implementation, with companies such as Darling Ingredients and Tyson Foods leading the way in terms of the development of new rendering practices. The main uses of the rendered fats and proteins are in pet food, animal feed and biofuels. The main trend that is accelerating the growth is the sustainable initiatives aimed at reducing food waste and increasing resource efficiency. The development of new rendering processes and the use of by-products is shaping the development of the industry and ensuring that the rendered products meet both the regulatory framework and the consumers’ expectations.

Future Outlook

The rendered-fat market will continue to grow from 2024 to 2032, when it is expected to increase from $19.35 billion to $22.31 billion, a compound annual growth rate (CAGR) of 2.4%. This growth is due to the increasing demand for high-quality food and animal feeds, and the increasing use of rendered fats in various industrial applications. Also, as a growing number of consumers and businesses pay more attention to the environment, the rendered-fat industry will benefit from the increasing shift towards the circular economy and the reduction of waste, which will increase the penetration rate in the coming years. Also, technological developments, especially in the field of processing and product innovation, will drive market growth. The integration of modern technology such as automation and big data into the rendering process will not only increase the efficiency of the process, but also improve product quality and safety. In addition, supportive government policies such as the prevention of food waste and the encouragement of sustainable development are expected to provide a favourable regulatory environment for the rendered-fat market. Also, the rising popularity of vegetarianism and the growing awareness of animal welfare will also affect product offerings and consumer preferences, which will lead to a more diversified market in 2032.