Rendering & Meat Byproduct Processing in the US - Industry Market Research Report

Rendering & Meat Byproduct Processing in the US - Industry Market Research Report

  • October 2018 •
  • 30 pages •
  • Report ID: 5065206 •
  • Format: PDF

Table scraps: Falling feed prices have hindered industry revenue growth

Abstract

Rendering & Meat Byproduct Processing
The Rendering and Meat Byproduct Processing industry’s prospects have fluctuated over the five years to 2018 in line with volatile feed prices and increasing demand from downstream markets. Industry operators render animal fat, bones, and meat scraps for use in animal food production, industrial machinery, alternative energy and consumer goods. Increased demand from animal production has helped promote industry growth in recent years; however, considerable drops in the price of feed and other inputs have placed downward pressure on revenue as well. As a result, revenue is expected to decrease over the five years to 2018. The five years to 2023 are expected to present opportunities for growth in emerging markets for the industry.

This industry renders animal fat, bones and meat scraps. It does not include companies that blend animal fats with vegetable fats; these companies are classified under the Margarine and Cooking Oil Processing industry report (IBISWorld report 31122).

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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