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Darling Ingredients Inc   (DAR)
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Darling Ingredients Inc 's

Competitiveness


 

DAR Sales vs. its Competitors Q4 2023



Comparing the current results to its competitors, Darling Ingredients Inc reported Revenue decrease in the 4 quarter 2023 year on year by -8.71 %, slower than the combined decrease of the DAR's competitors by -9.21 %, recorded in the same quarter.

List of DAR Competitors

With a net margin of 5.41 % Darling Ingredients Inc achieved higher profitability than its competitors.

More on DAR Profitability Comparisons



Revenue Growth Comparisons




Net Income Comparison


Darling Ingredients Inc Net Income in the 4 quarter 2023 fell year on year by -45.2%, slower than its competitors' income growth of 12.72 %

<<  DAR Stock Performance Comparisons


Darling Ingredients Inc 's Comment on Competitors and Industry Peers



We believe we are the only global ingredients company with products generated principally from animal-origin raw material types; however, we compete with a number of regional and local players in our various sub-segments and end markets.

The procurement of raw materials currently presents greater challenges to our business than the sale of finished products. In North America, consolidation within the meat processing industry has resulted in bigger and more efficient slaughtering operations, the majority of which utilize “captive” renderers (rendering operations integrated with the meat or poultry packing operation). At the same time, the number of small meat processors, which have historically been a dependable source of supply for non-captive renderers, such as us, has decreased significantly. In addition, the slaughter rates in the meat processing industry are subject to economic conditions and, as a result, during periods of economic decline, the availability, quantity and quality of raw materials available to the independent renderers decreases. These factors have been offset, in part, however, by increasing environmental consciousness. The need for food service establishments in the United States to comply with environmental regulations concerning the proper disposal of used restaurant cooking oil should continue to provide a growth area for this raw material source. The rendering industry is highly fragmented with a number of local slaughtering operations that provide us with raw materials. In North America, we compete with other rendering, restaurant services and bakery residual businesses, and alternative methods of disposal of animal processing by-products and used restaurant cooking oil provided by trash haulers, waste management companies and biodiesel companies and others. In addition, U.S. food service establishments have increasingly experienced theft of used cooking oil. A number of our competitors for the procurement of raw material are experienced, well-capitalized companies that have significant operating experience and historic supplier relationships. Competition for available raw materials is based primarily on price and proximity to the supplier.


In marketing our finished products domestically and internationally, we face competition from other processors and from producers of other suitable ingredient alternatives. However, we differentiate ourselves through the scope and depth of our product portfolio and geographic footprint. While we compete with a number of well capitalized companies across our business, such as Cargill, Inc., Tyson Foods, Inc. and Swift & Company in the U.S. products business, and others in the global gelatin, bone products, and blood products business, we do not have a single competitor that we compete with across all of our products or geographies.





  

Overall company Market Share Q4 2023

despite revenue deterioration, Darling Ingredients Inc increased its market share in this segment.

company increased its market share in this segment to approximately 7.44 %.


<<  More on DAR Market Share.
 
*Market share is calculated based on total revenue.





Who are Darling Ingredients Inc 's Competitors?




Bunge Global Sa
Share Performance



+3.22%
Over The Past 5 Days



Bunge Global Sa
Profile

Bunge Limited operates as an agribusiness and food company, engaging in the sourcing, processing, and distribution of agricultural commodities and their derivatives worldwide. The company focuses on maximizing value for its stakeholders through integrated supply chain management, leveraging its expertise in processing and trading to meet the evolving demands of global food and feed markets.

More about Bunge Global Sa's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 14,584.779 mill. $ 59,540.000 mill. $ 2,337.000 mill.


Conagra Brands Inc
Share Performance



-21.94%
One Year



Conagra Brands Inc
Profile

Conagra Brands Inc's business model focuses on producing and marketing a wide range of food products, including frozen meals, snacks, condiments, and pantry staples, to consumers worldwide.

More about Conagra Brands Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 13,460.940 mill. $ 11,864.700 mill. $ 984.600 mill.


Ingredion Incorporated
Share Performance



-2.44%
Over The Past 5 Days



Ingredion Incorporated
Profile

Ingredion Incorporated is a global ingredient solutions company that operates by partnering with food and beverage manufacturers to provide them with innovative and sustainable ingredients that enhance their products' texture, taste, and nutrition. They emphasize research and development, customer collaboration, and manufacturing efficiency to deliver cost-effective solutions and maintain a strong market position.

More about Ingredion Incorporated's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 7,685.859 mill. $ 8,160.000 mill. $ 651.000 mill.


Ricebran Technologies
Share Performance



0.00%
Over The Past 5 Days



Ricebran Technologies
Profile

Ricebran Technologies operates as a manufacturer and marketer of nutritious rice bran-based ingredients. Their business model focuses on sourcing rice bran from global rice mills, processing it into high-quality products, and supplying these ingredients to various industries, including food, animal nutrition, and specialty products. Through their vertically integrated approach, they aim to maximize the value of rice bran by transforming it into functional and sustainable products that cater to the evolving demands of consumers.

More about Ricebran Technologies's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 1.266 mill. $ 30.429 mill. $ -15.820 mill.


Zivo Bioscience Inc
Share Performance



0.00%
This Quarter



Zivo Bioscience Inc
Profile

Zivo Bioscience Inc's business model is centered around researching, developing, and commercializing naturally derived compounds for various applications in human and animal health. They focus on harnessing the potential of proprietary algal cultures to produce high-value, sustainable bioactive compounds. By leveraging their expertise in algae-based technologies, Zivo Bioscience aims to generate revenue through partnerships, licensing, and commercial agreements in industries such as functional foods, dietary supplements, and pharmaceuticals.

More about Zivo Bioscience Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 83.741 mill. $ 0.028 mill. $ -7.777 mill.


Golden Growers Cooperative
Share Performance



0.00%
One Year



Golden Growers Cooperative
Profile

Golden Growers Cooperative operates as a farmer-owned agricultural cooperative that focuses on the production and marketing of corn for industrial purposes. The cooperative engages in long-term contracts with corn processors and distributes dividends to its members based on their corn production. By facilitating efficient supply chain management and ensuring cooperative control, Golden Growers Cooperative aims to maximize member profitability and enhance the value of corn within the agricultural industry.

More about Golden Growers Cooperative's Market Share

Market Cap. Revenues TTM Net Income TTM
$ - mill. $ 88.019 mill. $ 0.000 mill.


Trident Brands Incorporated
Share Performance



0.00%
This Quarter



Trident Brands Incorporated
Profile

Trident Brands Incorporated follows a business model focused on identifying, acquiring, and developing emerging health and wellness brands to build a strong portfolio. They aim to strategically grow and create value through brand innovation, marketing, distribution, and sales, while actively seeking new opportunities and partnerships in the market.

More about Trident Brands Incorporated's Market Share

Market Cap. Revenues TTM Net Income TTM
$ - mill. $ 0.206 mill. $ -0.488 mill.



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