The industry's downstream markets grew during the five years to 2013, leading to sustained revenue growth for the period despite a poor global economy. The industry will continue to grow in the five years to 2018 thanks to increased imports and exports. Industry products will also increasingly be used as an alternative energy source, promising future long-term growth.
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 & Cooking Oil Processing in the US industry report (IBISWorld report 31122).
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.