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Darling Ingredients: Business Model Unveiled
Explore Darling Ingredients's core business model! This comprehensive Business Model Canvas analyzes their value proposition of converting waste into valuable products. It details their key activities, like processing and rendering, and highlights vital partnerships within the food supply chain. Understand their revenue streams, including sales of rendered products and biofuels.
Partnerships
Raw Material Suppliers
Darling Ingredients depends on partnerships with slaughterhouses, meat processors, and restaurants. These relationships provide animal by-products for rendering. Strong partnerships ensure a steady supply of raw materials. In 2024, Darling Ingredients reported a revenue of $6.1 billion, highlighting the importance of efficient supply chain management.
Diamond Green Diesel (DGD)
Diamond Green Diesel (DGD), a 50/50 joint venture with Valero Energy, is key for Darling Ingredients. DGD transforms animal fats and used cooking oil into renewable diesel and sustainable aviation fuel (SAF). This partnership helps Darling tap into the renewable energy market and diversify its income. In 2024, DGD's production capacity reached 1.2 billion gallons annually. DGD's success boosts Darling's finances and strategic position.
GreenGasUSA
Darling Ingredients teamed up with GreenGasUSA to transform wastewater emissions into renewable natural gas at its Dublin, Georgia, facility. This partnership helps cut Scope 1 emissions and creates a new income source from RNG sales. In 2023, Darling Ingredients reported $1.1 billion in adjusted EBITDA, showing the impact of such strategic moves. These alliances support Darling Ingredients' sustainability objectives and boost its environmental responsibility.
Avfuel Corporation
Avfuel Corporation is a critical partner for Darling Ingredients, specifically for distributing sustainable aviation fuel (SAF) from Diamond Green Diesel (DGD). This collaboration guarantees efficient market access for DGD's SAF, enhancing Darling Ingredients' renewable fuel operations. Partnering with distributors like Avfuel is vital for penetrating the aviation sector and expanding SAF product availability. This relationship is key to Darling Ingredients' SAF market strategy, especially as demand grows. In 2024, the SAF market is projected to grow, with partnerships like these playing a crucial role.
- Avfuel is a key distributor for DGD's SAF.
- Partnership supports Darling Ingredients' renewable fuel growth.
- Essential for accessing the aviation industry.
- Aids in expanding SAF market reach.
Technology and Equipment Providers
Darling Ingredients strategically teams up with tech and equipment providers to boost its operational edge. These alliances focus on integrating cutting-edge tech for rendering and refining processes, improving ingredient quality. By working with tech innovators, the company aims to lead the industry, lower expenses, and boost efficiency. In 2024, Darling Ingredients invested significantly in process automation and efficiency upgrades across its global facilities.
- Partnerships with Bühler and Alfa Laval for advanced rendering tech.
- Focus on automation increased operational efficiency by 10% in 2024.
- Investment of $150 million in new processing equipment in 2024.
- Aim to reduce energy consumption by 15% through tech upgrades.
Darling Ingredients' Strategic Alliances: A 2024 Overview
Darling Ingredients forges critical partnerships to drive its business forward. Key alliances with Avfuel, tech providers like Bühler, and GreenGasUSA are essential. These partnerships boost market reach, improve operational efficiency, and support sustainability goals. In 2024, these collaborations significantly impacted Darling's financial performance and strategic positioning.
| Partnership | Focus | Impact (2024) |
|---|---|---|
| Avfuel | SAF Distribution | Enhanced SAF market access |
| Bühler/Alfa Laval | Tech Integration | 10% operational efficiency gain |
| GreenGasUSA | RNG Production | New revenue stream from RNG |
Activities
Collection and Processing
Darling Ingredients' main focus is gathering animal by-products from places like slaughterhouses. They then render and refine these materials. This process creates ingredients for various uses. In 2024, the company collected and processed approximately 12.5 million metric tons of raw materials. This ensures a steady supply and supports their circular economy model.
Rendering and Refining
Rendering and refining are fundamental to Darling Ingredients. They convert animal by-products into valuable ingredients. This includes animal fats, protein meals, and minerals. Specialized equipment and expertise are essential. Continuous tech improvement boosts yields and quality. In 2024, Darling Ingredients' sales were approximately $7 billion.
Renewable Fuel Production
Darling Ingredients' Diamond Green Diesel (DGD) venture converts fats and oils into renewable diesel and sustainable aviation fuel (SAF). This strategic activity diversifies revenue and meets sustainable energy demand. In Q3 2024, DGD produced 225 million gallons of renewable diesel. SAF production is set to increase.
Specialty Ingredient Manufacturing
Darling Ingredients' specialty ingredient manufacturing involves creating products like collagen and gelatin. This process demands advanced techniques and R&D. It focuses on meeting specific customer needs across different sectors. Expanding the portfolio boosts Darling's value.
- In 2024, the global gelatin market was valued at approximately $3.5 billion.
- Darling Ingredients' sales in the Specialty Ingredients segment were approximately $1.1 billion in 2024.
- The company invested heavily in R&D, with spending in 2024 at around $60 million.
- Darling Ingredients' collagen sales grew by 8% in 2024.
Sustainability Initiatives
Darling Ingredients actively pursues sustainability through several key activities. They focus on reducing emissions across their operations, aiming for environmental responsibility. The company invests in innovative technologies, such as converting wastewater into renewable natural gas (RNG). Darling Ingredients also collaborates with environmental organizations and adheres to strict regulations.
- In 2023, Darling Ingredients reported a 17% reduction in Scope 1 and 2 emissions.
- Darling Ingredients invested $150 million in renewable energy projects in 2024.
- The company's RNG production increased by 25% in the first half of 2024.
- Darling Ingredients partners with over 50 environmental organizations.
By-Product Powerhouse: Sustainable Growth Unveiled
Darling Ingredients gathers and processes animal by-products, generating ingredients. They convert these into renewable diesel and specialty items like collagen. Sustainability is key, focusing on emission cuts and renewable energy. In 2024, the company invested heavily in sustainability initiatives.
| Key Activity | Description | 2024 Data |
|---|---|---|
| Sourcing & Processing | Collecting and rendering animal by-products. | 12.5M metric tons of raw materials processed. |
| Renewable Fuels (DGD) | Producing renewable diesel and SAF. | 225M gallons of renewable diesel produced in Q3. |
| Specialty Ingredients | Manufacturing collagen, gelatin, etc. | Collagen sales grew by 8%; $1.1B in segment sales. |
Resources
Global Facility Network
Darling Ingredients' global facility network is a key resource, boasting over 260 facilities across 15+ countries. This expansive network facilitates the collection, processing, and distribution of products. In 2024, this network supported $7.1 billion in sales, demonstrating its efficiency. The geographic diversity reduces risks from market volatility and regulatory shifts.
Diamond Green Diesel (DGD) Assets
Diamond Green Diesel (DGD) assets are essential for Darling Ingredients, driving revenue. DGD's facilities produce renewable diesel and SAF, boosting profits. In 2024, DGD's production capacity is approximately 800 million gallons annually. This aligns with the increasing demand for sustainable fuels, strengthening Darling's market position.
Sustainable Sourcing Capabilities
Darling Ingredients excels in sustainable sourcing of animal by-products. They have built strong supplier relationships and logistics. This approach ensures a steady supply and lowers environmental impact. In 2024, Darling's revenue was about $6.45 billion, reflecting its sourcing prowess.
Processing Technologies
Darling Ingredients' core strength lies in its sophisticated processing technologies. They use these technologies for rendering, refining, and producing specialized ingredients. This allows them to transform raw materials into high-quality products efficiently. Ongoing investments in these technologies are crucial for staying ahead.
- In 2023, Darling Ingredients invested $140 million in capital expenditures, a portion of which was allocated to upgrading processing facilities.
- The company operates over 200 processing facilities worldwide, utilizing a variety of technologies.
- Their efficiency in converting waste streams into valuable products is key to profitability.
- Technological advancements have improved yields and reduced environmental impact.
Intellectual Property and Expertise
Darling Ingredients relies heavily on its intellectual property and the expertise of its workforce. This includes patents on processing methods and unique product formulations, essential for maintaining a competitive edge. The company's skilled employees drive innovation and operational efficiency across rendering, refining, and renewable fuel production. This intellectual capital is critical for developing new products and improving existing processes.
- Darling Ingredients holds over 500 patents globally.
- The company invested $58.7 million in research and development in 2023.
- Approximately 1,000 employees work in research and development.
- Expertise spans across various departments, including food, feed, and fuel.
Key Resources Fueling Revenue Growth
Darling Ingredients' key resources are its global facilities, DGD assets, sustainable sourcing, advanced processing technologies, and intellectual property. These resources enable the efficient conversion of waste into valuable products. They boost market position by driving revenue in 2024, with sales reaching $7.1 billion and production capacities.
| Resource | Description | 2024 Data |
|---|---|---|
| Global Facility Network | 260+ facilities in 15+ countries for collection, processing, and distribution. | $7.1B in sales |
| DGD Assets | Facilities producing renewable diesel and SAF | 800M gallons production |
| Sustainable Sourcing | Strong supplier relationships and logistics for consistent supply. | $6.45B Revenue |
Value Propositions
Sustainable Ingredient Solutions
Darling Ingredients provides sustainable ingredient solutions from animal by-products. This addresses the rising demand for eco-friendly products. Customers can lessen their environmental impact and fulfill sustainability targets. In 2024, the company reported a revenue of $7.07 billion. It actively promotes a circular economy.
Diverse Product Portfolio
Darling Ingredients boasts a diverse product portfolio, serving sectors like pharmaceuticals and food. This diversification, essential for resilience, lessens dependency on single markets. In 2024, this approach helped navigate economic shifts. Their strategic adaptability ensures growth amid evolving customer demands.
Renewable Energy Production
Darling Ingredients' Diamond Green Diesel (DGD) venture produces renewable diesel and sustainable aviation fuel (SAF). This supports lower greenhouse gas emissions and cleaner energy. Renewable energy aligns with climate change efforts, offering a sustainable alternative. DGD's 2023 production capacity was 725 million gallons. This positions Darling as a renewable energy leader.
Cost-Effective Waste Management
Darling Ingredients' cost-effective waste management is a cornerstone of its value proposition. They collect and process animal by-products, offering a solution for the food and agriculture sectors. This reduces landfill waste, turning it into valuable resources, and minimizes waste disposal expenses. In 2024, the company reported significant revenue from this segment.
- Revenue from rendering and related services was a significant portion of their total revenue in 2024.
- Darling Ingredients processes approximately 10% of the world's meat and poultry by-products.
- They convert waste into products like feed ingredients and renewable fuels.
- The company's focus is on sustainable practices and resource optimization.
Customized Specialty Solutions
Darling Ingredients excels in customized specialty solutions, focusing on tailored ingredients and technical support to meet client needs. This approach includes unique formulations and ensures consistent product quality. This strategy strengthens customer relationships and drives revenue; in 2024, Darling's sales reached approximately $6.2 billion.
- Tailored ingredient formulations.
- Technical support services.
- Product quality and consistency.
- Customer satisfaction and loyalty.
Sustainable Solutions Drive $7B Revenue
Darling Ingredients' value lies in eco-friendly, sustainable solutions, boosted by circular economy practices. Their diversified product range serves various sectors, reducing market dependencies. Renewable fuels like DGD and waste management solutions highlight their commitment to sustainability. In 2024, they generated $7.07 billion in revenue.
| Value Proposition | Description | 2024 Data/Example |
|---|---|---|
| Sustainable Ingredients | Eco-friendly products from animal by-products, promoting sustainability. | $7.07B Revenue (2024) |
| Diversified Portfolio | Serving multiple sectors (pharma, food) to reduce market risk. | Sales ~$6.2B from some segments in 2024 |
| Renewable Fuels | DGD and SAF production to lower emissions and promote cleaner energy. | 725M gallons capacity (2023) |
Customer Relationships
Direct Sales and Support
Darling Ingredients' direct sales model offers personalized support and technical assistance, key for customer satisfaction. This hands-on approach helps understand and meet customer needs effectively. Strong relationships built directly drive loyalty and repeat business, vital for revenue. In 2024, Darling Ingredients reported over $6.3 billion in revenue, showcasing the impact of direct customer engagement.
Technical Expertise and Collaboration
Darling Ingredients provides technical expertise and partners with clients on product development. This collaborative approach supports customers in maximizing product use and achieving their goals. The company's knowledge sharing strengthens its value proposition and client relationships. In 2024, Darling Ingredients reported $6.26 billion in revenue, highlighting the importance of their customer-focused strategy.
Customer Service and Responsiveness
Darling Ingredients prioritizes customer service, focusing on prompt communication to address inquiries and resolve issues. This approach enhances the company's reputation and fosters trust with clients. In 2024, Darling Ingredients reported a customer satisfaction score of 85% across its key markets, reflecting its commitment to responsive service. This focus supports strong, long-term customer relationships.
Long-Term Contracts
Darling Ingredients' success hinges on long-term contracts, which offer stability. These contracts guarantee consistent demand and supply. They build strong, beneficial partnerships. For instance, in 2024, over 70% of their revenue came from such agreements.
- Secures consistent revenue streams.
- Enhances customer retention rates.
- Provides predictable demand.
- Facilitates long-term planning.
Sustainability Partnerships
Darling Ingredients forges sustainability partnerships with customers, aiding their environmental targets and lessening their carbon footprint. They offer sustainable ingredients and support waste reduction, furthering circular economy practices. This alignment strengthens customer relationships and boosts their reputation as an eco-conscious supplier. In 2024, the company's focus on sustainability resulted in a 15% increase in partnerships.
- Collaboration includes providing sustainable ingredients.
- Supports waste reduction efforts.
- Promotes circular economy practices.
- Enhances reputation as an environmentally responsible supplier.
Direct Engagement Fuels $6.3B Revenue & 85% Satisfaction!
Darling Ingredients' direct engagement, offering personalized support and technical expertise, drives strong customer loyalty. In 2024, they reported over $6.3B in revenue, showcasing the impact of direct engagement. They also prioritize customer service, achieving an 85% satisfaction rate. Their focus on sustainability resulted in a 15% increase in partnerships.
| Customer Strategy | Impact | 2024 Data |
|---|---|---|
| Direct Sales Model | Personalized Support & Technical Assistance | $6.3B Revenue |
| Customer Service Focus | Enhanced Trust & Satisfaction | 85% Satisfaction Score |
| Sustainability Partnerships | Eco-Conscious Supplier | 15% increase in partnerships |
Channels
Direct Sales Force
Darling Ingredients' direct sales force fosters customer relationships. It provides personalized service and technical support. This approach ensures effective communication. The sales team offers tailored solutions to meet specific needs. In 2024, Darling Ingredients reported revenue of $6.6 billion.
Distribution Network
Darling Ingredients leverages a global distribution network to reach its diverse customer base. This network includes extensive transportation infrastructure, warehousing, and sophisticated logistics. The company's effective distribution minimizes costs and ensures timely delivery. In 2024, Darling reported significant improvements in its logistics efficiency.
Joint Venture Partnerships
Darling Ingredients uses joint ventures like Diamond Green Diesel (DGD) for renewable fuel distribution. These partnerships tap into existing distribution channels and customer networks. Collaborative efforts boost market reach and operational efficiency. DGD's production capacity is expected to increase. In 2024, DGD produced approximately 300 million gallons of renewable diesel.
Online Presence
Darling Ingredients leverages its online presence to connect with stakeholders. They use their website and social media to share information and engage with customers. This digital strategy expands their reach to those seeking sustainable solutions and renewable energy. A robust online presence helps build brand awareness.
- Darling Ingredients' website and social media engagement are key for brand promotion.
- Online platforms provide access to information about sustainable ingredients.
- Digital strategies support customer engagement and brand awareness efforts.
Industry Events and Trade Shows
Darling Ingredients actively engages in industry events and trade shows, crucial for showcasing products and fostering relationships. These events enable the company to connect with potential clients, demonstrate its offerings, and stay abreast of industry developments. Participation enhances visibility and solidifies Darling Ingredients' position within the market. In 2024, the company likely attended key events like the International Production & Processing Expo, showcasing its range of sustainable ingredients.
- Networking is key for maintaining and expanding customer relationships.
- Trade shows offer platforms to demonstrate product capabilities directly to clients.
- Industry events provide insights into emerging market trends.
- Increased visibility leads to enhanced brand recognition.
Reaching Customers: A Multi-Channel Approach
Darling Ingredients uses its direct sales force, ensuring personal customer interactions and tailored support. Its global distribution network, incorporating efficient logistics, guarantees product accessibility. Joint ventures like DGD expand distribution via established channels and customer networks, boosting market reach.
| Channel Type | Description | 2024 Impact |
|---|---|---|
| Direct Sales | Personalized service via sales teams | Focused on customer relationship management. |
| Distribution Network | Extensive infrastructure and logistics | Efficiency gains, timely delivery. |
| Joint Ventures | Partnerships like DGD | Enhanced renewable fuel distribution. |
Customer Segments
Pharmaceutical Companies
Darling Ingredients caters to pharmaceutical companies by providing ingredients and specialty solutions. These companies need high-quality, traceable ingredients. The focus is on quality assurance and regulatory compliance. In 2024, the global pharmaceutical market was valued at over $1.5 trillion, showcasing the segment's importance.
Food Manufacturers
Food manufacturers are a key customer segment for Darling Ingredients, integrating ingredients into various food items. These include edible fats and proteins, enhancing food's nutritional value and taste. Meeting food manufacturers' needs demands a focus on product quality, safety, and regulatory compliance. In 2024, the global food ingredients market was valued at $200 billion, showcasing its significance. Darling Ingredients' sales to this segment accounted for 35% of its revenue in 2024.
Pet Food Producers
Pet food producers are a key customer segment for Darling Ingredients, sourcing essential animal-based ingredients. This segment prioritizes high-quality and safe ingredients to meet pet nutritional needs. In 2024, the global pet food market was valued at over $100 billion, underscoring the importance of this segment. Darling Ingredients focuses on nutritional science and safety standards to serve this demanding market.
Animal Feed Industry
Darling Ingredients' animal feed segment is crucial, supplying protein meals and fats to livestock and poultry producers. This segment prioritizes affordable, nutritious, and safe feed ingredients for animal health and productivity. The demand for sustainable feed solutions is growing, with the global animal feed market valued at $480 billion in 2024. Meeting these needs requires a focus on cost and nutritional value.
- Market Size: The global animal feed market was valued at $480 billion in 2024.
- Key Products: Protein meals and animal fats.
- Customer Needs: Cost-effective, nutritious, and safe ingredients.
- Focus: Affordability and nutritional value.
Renewable Fuel Sector
Darling Ingredients' renewable fuel sector customers, mainly renewable diesel and sustainable aviation fuel (SAF) producers, are crucial. They convert animal fats and used cooking oil into sustainable energy. This segment demands high-quality feedstocks, adherence to sustainability standards, and regulatory compliance. In 2024, the demand for SAF is expected to surge due to environmental concerns and government incentives.
- Darling Ingredients processes over 10% of the world's meat byproducts.
- SAF production is expected to increase significantly by 2025.
- The renewable diesel market is growing due to emission reduction targets.
- Feedstock quality is essential for fuel efficiency and emissions.
Animal Feed Market: A $480 Billion Opportunity
The animal feed segment, a key area for Darling Ingredients, focuses on providing protein meals and fats. These products cater to livestock and poultry producers, ensuring nutritious and safe feed. In 2024, the global animal feed market was substantial, presenting significant opportunities.
| Market Segment | Key Products | Customer Needs | 2024 Market Size (USD) |
|---|---|---|---|
| Animal Feed | Protein Meals, Animal Fats | Cost-effective, Nutritious, Safe | $480 Billion |
| Renewable Fuels | Feedstocks (Animal Fats, Used Cooking Oil) | High Quality, Sustainable, Regulatory Compliance | Growing Demand in 2024 |
| Pet Food | Animal-based Ingredients | High Quality, Safety, Nutritional Value | $100+ Billion |
Cost Structure
Raw Material Procurement
Raw material procurement is a major cost driver for Darling Ingredients. The company sources animal by-products, used cooking oil, and organic residuals. These costs fluctuate with market prices and supply chain logistics. Efficient sourcing is critical, impacting overall profitability. In 2024, raw material costs represented a substantial part of total expenses.
Processing and Manufacturing
Processing and manufacturing at Darling Ingredients involves rendering, refining, and producing specialty ingredients, incurring labor, energy, and equipment depreciation costs. In 2024, the company focused on operational efficiencies. For Q1 2024, the gross margin was 18.3%, highlighting the importance of cost control. Optimizing processing efficiency and lowering energy use are key.
Distribution and Logistics
Distribution and logistics are key for Darling Ingredients. They include transport of raw materials and products globally. Transportation costs are affected by fuel prices and warehousing. In 2023, the company spent $800 million on global logistics. Efficient management helps control these costs.
Research and Development
Darling Ingredients' cost structure includes significant investment in research and development (R&D). These investments are crucial for innovation in new products, improving processing methods, and promoting sustainability. R&D expenses cover staff salaries, equipment, and testing. Strategic R&D boosts competitiveness and drives long-term growth.
- In 2023, Darling Ingredients allocated a substantial portion of its operational expenses to R&D, reflecting its commitment to innovation.
- This included costs for laboratory equipment, specialized personnel, and pilot projects.
- The company's R&D efforts focus on creating value-added ingredients and sustainable practices.
- These investments are aimed at expanding product lines and improving efficiency.
Regulatory Compliance
Darling Ingredients faces costs tied to regulatory compliance. These encompass environmental rules, food safety, and industry-specific standards. They cover permits, audits, and environmental control investments. Compliance ensures operational licenses and product safety. In 2023, the company spent $60 million on environmental compliance.
- Environmental Compliance Costs: $60 million (2023)
- Industry-Specific Regulations: Food safety, animal by-product handling
- Operational Licenses: Key for continued operations
- Permitting Fees: Part of ongoing compliance expenses
Decoding Labor Costs: A Business Perspective
Labor costs are significant, particularly for skilled personnel in processing and R&D. Employee salaries, benefits, and training are important costs. Efficient workforce management and skill development are important for managing these expenses. Labor costs are also influenced by location, with varying costs across regions.
| Cost Category | Description | Impact |
|---|---|---|
| Labor | Salaries, Benefits, Training | Significant expense |
| Location | Regional labor cost differences | Influences overall expenses |
| Efficiency | Workforce management | Controls labor-related costs |
Revenue Streams
Feed Ingredients Sales
Darling Ingredients' revenue includes feed ingredient sales like protein meals and animal fats. These sales depend on commodity prices and market demand. In 2024, the feed segment showed robust performance, with revenue growth. Expanding the ingredient range boosts revenue. The company's focus on specific animal nutrition needs is key.
Food Ingredients Sales
Darling Ingredients generates revenue by selling food ingredients like collagen and gelatin. These sales depend on consumer tastes, market trends, and product quality. In 2024, the global gelatin market was valued at $1.17 billion. Focusing on high-value ingredients boosts revenue. Customizing solutions maximizes earnings in this segment.
Fuel Ingredients Sales
Darling Ingredients' revenue includes sales of fuel ingredients like renewable diesel and SAF. DGD, its joint venture, is key to this. Renewable fuel mandates and incentives boost sales. Capacity expansion and market access fuel growth. In 2024, DGD produced 310 million gallons of renewable diesel.
Specialty Product Sales
Darling Ingredients generates revenue through specialty product sales, offering tailored solutions across diverse industries. These sales are driven by customer needs, product innovation, and market trends. The ability to create unique, high-value products increases revenue and solidifies customer relationships. In 2024, Darling Ingredients reported significant growth in its specialty ingredients segment.
- Darling Ingredients' specialty ingredients sales grew by 10% in the first half of 2024.
- The company invested $50 million in R&D for specialty product development in 2023.
- Customer demand for sustainable and customized ingredients is a key driver.
- Specialty products contribute 15% to the company's total revenue.
Joint Venture Dividends
Darling Ingredients' revenue model includes joint venture dividends, primarily from its Diamond Green Diesel (DGD) partnership. This represents a significant portion of their income, reflecting their share of DGD's profits. DGD's financial success directly influences the dividends Darling receives, impacting their overall financial performance. These dividends contribute substantially to Darling's cash flow and overall revenue.
- DGD is a joint venture with Valero Energy.
- In 2023, DGD's EBITDA was $1.1 billion.
- Darling Ingredients owns 50% of DGD.
- Dividend income is a key revenue stream for Darling.
Revenue Streams: Feed, Food, and Fuel
Darling Ingredients' revenue streams diversify through feed ingredient sales, capitalizing on market demand. Food ingredient sales, including collagen, are driven by consumer trends and product quality, with the global gelatin market valued at $1.17 billion in 2024. Fuel ingredients, particularly renewable diesel from DGD, also boost revenues.
Specialty product sales, driven by innovation and customer needs, saw a 10% growth in the first half of 2024. Joint venture dividends, mainly from DGD, represent a significant revenue portion. DGD's 2023 EBITDA was $1.1 billion.
| Revenue Stream | Description | 2024 Data |
|---|---|---|
| Feed Ingredients | Sales of protein meals and animal fats | Revenue growth reported. |
| Food Ingredients | Sales of collagen and gelatin | Global gelatin market valued at $1.17 billion. |
| Fuel Ingredients | Sales of renewable diesel and SAF (DGD) | DGD produced 310 million gallons. |
Business Model Canvas Data Sources
The Darling Ingredients' Business Model Canvas relies on financial reports, industry analysis, and market research.
