The Rendered Poultry Products Global Market Report 2023, provides comprehensive information on the rendered poultry products market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Rendered Poultry Products Global Market Report 2023, the market size is expected to grow from $6.47 billion in 2022 to $6.72 billion in 2023 at a compound annual growth rate (CAGR) of 3.73%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of rendered poultry products market is expected to reach $7.63 billion in 2027 at a CAGR of 3.25%.
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Increasing investments in rendered poultry products is a key trend gaining popularity in the rendered poultry products market. Major companies operating in the rendered poultry products market are investing in rendered poultry products to sustain their position in the market. For instance, in April 2022, Tyson Foods Inc., a US-based company that manufactures rendered poultry products, invested $208 million in a rendering facility, the Hanceville rendering plant. This investment aids in increasing food output while using less energy and inputs, as well as providing a good, concentrated source of protein for animal feed and pet food. This rendering plant plays a significant role in Alabama’s agricultural industry, providing poultry processing in neighboring states
The rendered poultry products market is segmented:
1) By Type: Poultry Fat, Grease, Protein Meal, Other Types
2) By Grade: Food Grade, Feed Grade, Industrial Grade
3) By Application: Food Industry, Medical Industry, Other Applications
North America was the largest region in the rendered poultry products market in 2022.
The table of contents in TBRC’s rendered poultry products market report includes:
1. Executive Summary
2. Rendered Poultry Products Market Characteristics
3. Rendered Poultry Products Market Trends And Strategies
4. Rendered Poultry Products Market – Macro Economic Scenario
5. Rendered Poultry Products Market Segmentation
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26. South America Rendered Poultry Products Market
27. Brazil Rendered Poultry Products Market
28. Middle East Rendered Poultry Products Market
29. Africa Rendered Poultry Products Market
30. Rendered Poultry Products Market Competitive Landscape And Company Profiles
Top Major Players:
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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