Rendered Products Market Report, Key Drivers and Restraints, Regional Outlook, by 2027

Elsapotty21 Feb, 2023News

Rendered products market size is projected to reach approximately USD 21.90 billion by 2027, at a CAGR of 2.4% from 2020 to 2027, the global market for rendered products would achieve substantial CAGR due to the growing demand from various sectors. Market Research Future (MRFR) identified several aspects like its high intake in the feed industry to improve the nutritional standard, growing used of it in the cosmetics industry where its impact on the texture is substantial, and in the lubricants industry, its inclusion is high to increase the durability of various pieces of machinery. The rising intake of the product as biofuel would also impact the market outcome in the coming years.