In this blog post, we will delve into the fascinating world of Rendering Industry Statistics. We will explore key data trends, insights, and analyses that shed light on the performance and dynamics of the rendering industry. Join us as we uncover valuable statistical information that can provide valuable insights for professionals and enthusiasts alike.
The Latest Rendering Industry Statistics Explained
The global rendering market size was USD 8.12 billion in 2019.
The statistic “The global rendering market size was USD 8.12 billion in 2019” indicates the total value of the global rendering industry in terms of revenue generated in the year 2019. Rendering refers to the process of converting animal by-products into valuable materials such as fats, proteins, and minerals for use in various industries such as agriculture, food production, and biofuel. The market size of USD 8.12 billion suggests the scale and significance of the rendering industry on a global scale, highlighting its economic importance and potential impact on various sectors of the economy. This statistic provides valuable insight into the size and growth of the rendering market, indicating its substantial contribution to the overall economy.
The rendering industry is expected to register a CAGR of about 5% during the forecast period, 2021 – 2026.
This statistic indicates that the rendering industry is projected to experience a Compound Annual Growth Rate (CAGR) of approximately 5% over the period from 2021 to 2026. A CAGR of 5% suggests a moderate pace of growth for the industry, with a consistent rate of increase year over year for the forecast period. This growth forecast reflects the anticipated overall expansion and development of the rendering industry in the coming years, driven by factors such as increasing demand for rendered products, technological advancements, and evolving consumer preferences.
By application, the food & beverages segment accounted for the largest revenue share of over 29.0% in 2019.
This statistic indicates that within a certain market or industry sector, specifically in 2019, the food & beverages segment generated the highest proportion of total revenues compared to other applications within that sector. The fact that this segment accounted for over 29.0% of total revenue suggests that it was a significant driver of financial performance and business activity in that particular industry. This information could be valuable for stakeholders such as investors, businesses, and policymakers to understand the competitive landscape and strategic priorities within the food and beverage industry in 2019.
Rendering processes in North America contribute to reducing greenhouse gas emissions by an estimated 9 million metric tons annually.
The statistic highlights the positive impact of rendering processes in North America on reducing greenhouse gas emissions. Rendering processes involve the conversion of animal by-products into value-added products such as animal feed, biofuels, and other materials. By diverting organic waste from landfills and utilizing it for beneficial purposes, these processes contribute to environmental sustainability by minimizing methane emissions associated with organic decomposition. The estimated reduction of 9 million metric tons of greenhouse gas emissions annually underscores the significance of rendering processes in mitigating climate change and promoting a more eco-friendly approach to waste management in the region.
The U.S. rendering industry collects and safely processes over 50 billion pounds of animal byproducts each year.
The statistic indicates that the rendering industry in the United States collects and processes a significant amount of animal byproducts annually, totaling over 50 billion pounds. These byproducts may include various parts of animals that are not used for human consumption, such as organs, bones, and fats. The industry plays a crucial role in sustainability by recycling these byproducts into useful ingredients for various products like animal feed, pet food, cosmetics, and biofuels, thereby reducing waste and contributing to a more environmentally-friendly approach to agriculture and food production. Additionally, the safe processing of animal byproducts also helps prevent the spread of diseases and ensures proper disposal of potentially hazardous materials, highlighting the importance of the rendering industry in the overall food supply chain.
The Asia Pacific rendering market stood at USD 3.31 billion in 2019.
The statistic “The Asia Pacific rendering market stood at USD 3.31 billion in 2019” signifies the total estimated value of the rendering market specifically in the Asia Pacific region for the year 2019. Rendering refers to the process of converting waste animal by-products into usable materials, such as fats, proteins, and minerals. This statistic indicates the economic significance and scale of the rendering industry in the Asia Pacific region during that specific year, highlighting the market size and value of products derived from rendering processes within the region.
The global pet food industry, which relies heavily on rendered products, reached a value of USD 96.3 billion in 2019.
The statistic indicates that the global pet food industry achieved a value of USD 96.3 billion in 2019. This industry heavily depends on rendered products, which are processed animal by-products and leftovers from slaughterhouses. Rendered products are commonly used in pet food as a source of protein and nutrients. The significant value of USD 96.3 billion reflects the substantial demand for pet food worldwide, highlighting the importance and size of the industry. The reliance on rendered products also emphasizes the efficiency and sustainability of utilizing various animal-based ingredients to meet the nutritional needs of pets on a global scale.
The commercial render industry in the UK contributes to the economy an estimated £230 million annually.
The statistic states that the commercial render industry in the UK contributes an estimated £230 million to the economy each year. This figure represents the total economic value generated by the commercial render sector in terms of its contribution to the UK’s gross domestic product (GDP). This economic impact reflects the revenue generated by the industry through the production and sale of rendering services, including both domestic and international sales. The £230 million figure also accounts for the industry’s role in creating jobs, supporting businesses in the supply chain, and contributing to overall economic growth and prosperity in the country. Overall, the statistic highlights the significance of the commercial render industry as a substantial economic driver in the UK.
The South America rendering market is expected to grow by 6% CAGR from 2020 to 2025.
This statistic indicates that the South America rendering market is projected to experience a Compound Annual Growth Rate (CAGR) of 6% between the years 2020 and 2025. This growth rate suggests that the market for rendering services in South America is likely to steadily increase over the specified time period. The CAGR metric provides a measure of the smoothed annual growth rate, indicating the average yearly growth rate that can be expected over the five-year period. In this context, a 6% CAGR implies a consistent and sustainable expansion in the South America rendering market, reflecting potential opportunities for businesses operating within this industry.
North America accounted for a share of 36.7% in the global rendering market in 2019.
This statistic indicates that North America held a significant portion of the global rendering market in 2019, capturing approximately 36.7% of the market share. This suggests that a substantial portion of rendering activities, which involve converting animal by-products into useful materials such as fats and proteins, occurred in North America during that year. The high market share could be attributed to various factors such as the size and sophistication of the meat processing industry in North America, as well as the level of demand for rendered products both domestically and internationally. This statistic provides valuable insights into the regional distribution of rendering activities and highlights North America’s prominent role in the global rendering market landscape in 2019.
The U.S. Rendering industry supplies approximately 16 billion pounds of recyclable animal and poultry fats and used cooking oils annually.
The statistic highlights the significant contribution of the U.S. Rendering industry in supplying approximately 16 billion pounds of recyclable animal and poultry fats, as well as used cooking oils, on an annual basis. This statistic underscores the vital role of the rendering industry in managing and repurposing waste products from the food and agriculture sectors. By recycling these fats and oils, this industry not only helps reduce waste but also provides valuable raw materials that can be further processed for various applications such as biofuels, animal feed, and other industrial and consumer products. The scale of this annual supply underscores the economic and environmental significance of the rendering industry in promoting sustainability and resource efficiency in the United States.
By dynamics, the Rendered fats represented more than 40% of overall oil and fat usage in UK animal feeds in 2019.
This statistic indicates that rendered fats accounted for over 40% of the total oil and fat used in animal feeds in the UK in 2019. Rendered fats are animal fats that have been processed to separate the fat from the protein and other components. The high proportion of rendered fats in animal feed demonstrates their importance as a source of dietary energy for livestock. This could be due to factors such as cost-effectiveness, availability, and nutritional benefits provided by these fats. Overall, it highlights the significant role that rendered fats play in meeting the nutritional needs of animals in the UK agricultural sector.
The rendering industry is saving more than 1.5 billion barrels of oil annually by recycling fat and oil materials.
This statistic highlights the environmental and economic benefits of the rendering industry’s practice of recycling fat and oil materials. By repurposing these materials instead of relying on new oil extraction, the industry is able to save more than 1.5 billion barrels of oil every year. This not only reduces the demand for fossil fuels and helps to conserve natural resources, but also minimizes the environmental impact of oil extraction and production. The statistic underscores the significant role that recycling and sustainable practices in the rendering industry play in contributing to energy efficiency and environmental conservation efforts on a global scale.
North America’s rendering industry provides between 10-15% of the U.S. animal feed protein supply.
This statistic indicates that the rendering industry in North America plays a significant role in providing animal feed protein to the U.S. market, contributing roughly 10-15% of the total supply. Rendering is the process of converting animal by-products and waste materials into valuable proteins and fats used in animal feed production. The fact that this industry supplies a substantial portion of the protein needed for animal feed highlights its importance in supporting the livestock and poultry sectors in the U.S. This statistic underscores the critical role of the rendering industry in ensuring a sustainable supply of protein for livestock nutrition and overall food production in North America.
In the UK, more than 2.2. million tonnes of animal by-products are processed every year by the rendering industry.
This statistic indicates the substantial scale of animal by-product processing by the rendering industry in the UK, exceeding 2.2 million tonnes annually. Animal by-products typically include the leftover parts of animals not intended for human consumption, such as bones, offal, and feathers, which are processed into products like animal feed, biofuels, and fertilizers. The significant volume of animal by-products being processed highlights the importance of the rendering industry in managing and recycling these materials to prevent waste and utilize them in more sustainable ways. Additionally, this statistic underscores the role of the rendering industry in contributing to the circular economy by repurposing animal by-products into valuable resources.
Conclusion
Understanding the rendering industry statistics provides valuable insights into the trends, challenges, and opportunities within this sector. By examining the data and trends, stakeholders can make informed decisions to drive growth and sustainability in the rendering industry. Stay informed and proactive to navigate the dynamic landscape of the rendering industry successfully.
References
0. – https://www.www.grandviewresearch.com
1. – https://www.www.nationalrenderers.org
2. – https://www.www.nfuonline.com
3. – https://www.www.imarcgroup.com
4. – https://www.www.feednavigator.com
5. – https://www.www.mordorintelligence.com
