Rendered Products Market to Experience an Impressive CAGR 2.7% during 2017 to 2023 Market Overview: Rendering is a process of converting fatty tissues, bones, offal or an entire carcasses of animals into purified fats, for instance, lard or tallow. The most common animal sources of rendering products are beef, pork, sheep, and poultry. Rendered products are used in various industries such as fertilizers, cosmetics, bio-fuel, animal feed, food industry, and others. Rendered fats are major source of proteins, amino acids, vitamins, and essential minerals in livestock feeding. Moreover, it adds vital elements in fertilizers for plant growth. Rendering process is a best method for animal disposal, which converts waste animal parts into stable, and value added materials. Application of rendered products in various industries such as cosmetics, fertilizers, animal feed, biofuel, food industry and others is driving the market growth of rendered products. Moreover, increasing focus on providing healthy feed to livestock is adding fuel to the growth of rendered products market. Furthermore, government focus on clean energy and high demand for biofuel consumption boost the rendered products market. However, raw materials in rendering process are susceptible to spoilage, which may restrain the growth of the rendered products. Nevertheless, all these factors projected to contribute to the estimated CAGR of 2.7% of rendered products during the forecast period 2017-2023. Access Report market-4594
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Major Key Players: The major key players in the rendered products
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