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Rendering & Meat Byproduct Processing (NAICS 311613) Industry Market Research Report

Rendering & Meat Byproduct Processing - Market Size and Forecast

The Rendering and Meat Byproduct Processing report contains both historical and forecasted statistics. Total market size figures from 2015 to 2025 reveal industry growth patterns and trends. Market size measurements include both public and private companies in the industry.

Market Size (Total Revenue)

Included in Report

% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government financial data.

Industry Revenue ($ Billions)

Rendering & Meat Byproduct Processing Industry Revenue
  • 2015
  • 2016
  • 2017
  • 2018
  • 2019
  • 2020
  • 2021

Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Rendering & Meat Byproduct Processing - Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Rendering & Meat Byproduct Processing companies in the United States.

Rendering & Meat Byproduct Processing Revenue by State

US Market Size by State

Distribution by Company Size

Company SizeAll IndustriesRendering & Meat Byproduct Processing
Small Business (< 5 Employees)


Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Rendering & Meat Byproduct Processing - Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:
The report includes a traditional income statement from an "average" company (both public and private companies included).

Industry AveragePercent of Sales
Total Revenue


Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit

Average Income Statement

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits



Depreciation and Amortization

Officer Compensation

Net Income

Rendering & Meat Byproduct Processing - Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial RatioIndustry Average
Profitability Ratios


Profit Margin
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Rendering & Meat Byproduct Processing - Product Mix

Product DescriptionDescriptionRevenue
($ Millions)

Rendering and meat byproduct processing


Lard, inedible tallow, and other greases, excluding wool grease

Inedible tallow, including inedible animal stearin

Rendered lard, excluding canned, not made in meat packing plants

Other animal and marine grease, excluding wool grease

Animal and marine feed and fertilizer byproducts

Meat and bone meal

Dry rendered tankage

Other feed and fertilizer byproducts

Foots, vegetable oil

Rendering & Meat Byproduct Processing - Compensation and Salary Surveys

TitlePercent of WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations2%


Chief Executives0%
General and Operations Managers1%
Office and Administrative Support Occupations6%
Installation, Maintenance, and Repair Occupations5%
Production Occupations64%
Food Processing Workers44%
Butchers and Other Meat, Poultry, and Fish Processing Workers38%
Meat, Poultry, and Fish Cutters and Trimmers22%
Slaughterers and Meat Packers14%
Miscellaneous Food Processing Workers6%
Other Production Occupations16%
Miscellaneous Production Workers7%
Transportation and Material Moving Occupations16%
Material Moving Workers14%
Laborers and Material Movers, Hand12%
Laborers and Freight, Stock, and Material Movers, Hand5%

Government Contracts

In 2008, the federal government spent a total of $1,677,202 on the rendering & meat byproduct processing industry. It has awarded 19 contracts to 10 companies, with an average value of $167,720 per company.

Rendering & Meat Byproduct Processing and Adjacent Industries - Top Companies

($ Millions)


Rendering & Meat Byproduct Processing Industry Report
GeographyUnited States  
Publication DateSeptember 2020
Report FormatPDF Download  

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