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Darling Ingredients Inc.

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Darling Ingredients Inc. - Food & Beverages showcase

Year Founded & Workforce

1882

9,900 Employees

Industry

Food & Beverages

Services

Global Gelatin Market
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Darling Ingredients Inc. Overview

Company Headquarters: Texas, U.S.

Founded: 1882

Workforce: ~9,900

Company Working: Darling Ingredients Inc. (Darling Ingredients) is a global company involved in the manufacturing and development of sustainable natural ingredients. The company’s product segments include food ingredients, feed ingredients, and fuel ingredients for a plethora of end-use industries comprising food (including pet food), animal feed, pharmaceuticals, personal care products, fertilizer, leather goods, fuel, and bioenergy. The company’s major product types comprise fats, proteins, bakery, used cooking oil, bioenergy, and biofuels, among others. In addition, it is also involved in environmental services including waste disposal of food service stores like restaurants, grocery stores, and supermarkets.

Gelatin products of the company are marketed under its health brand Rousselot and are manufactured in the eleven production plants. The consumer base of the brand is spread across 75 countries with six sales locations. The key-end use industries of Rouseelot’s gelatin include food, pharma, and other technical applications. The recent acquisition of Gelnex strengthens the gelatin product portfolio of the company. Gelnex (Brazil) is one of the leading gelatin and collagen manufacturer in South America and has six production sites operated with a workforce of 1,000 employees

Strategy

Darling Ingredient’s key strategy is optimized process excellence which helps them in processing the raw material to the finished product in a shorter time which ultimately reduces the cost involved in the operation. The constant product innovation that suits the key industrial needs and trends plays a major role in their product positioning among the competitors. For instance, they produce research-grade gelatin that can help achieve the same results if scaled to mass production as well, X-Pure Gelatin Desaminotyrosine (GelDAT) is one such product apart from SiMoGel,

Another strategic initiative of the company is the partnership with research institutes like TIBI (California) for gaining practical insights into gelatin performance. This helps in further product innovation and boosts its credibility among its clientele. In addition, the company’s participation in trade events like Vitafoods, Bio Convention, Food Ingredients Europe, etc. helps them in better customer acquisition and relationship management.

Company Snapshot

$3,363.91M

Revenue

9,900

Employees

1882

Founded

Texas, U.S.

Headquarters

SWOT Analysis

Strengths

  • Well-established distribution network throughout the world
  • Diversified product portfolio and better customer relationship management
  • Better financial position, indicated by increasing operating income

Weaknesses

  • Repeated violations & lawsuits like the false claims due to underpaying of Army and Air Force Exchange Services (AAFES), environmental violations, etc.

Opportunities

  • Product innovation focusing on cosmetic-specific gelatin products

Threats

  • Patent infringements
  • Rising alternatives of animal-cruelty-free gelatin products like vegan gelatin

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Key Developments

DateApproachDevelopment
December 2022Patent ApprovalDarling Ingredients Inc.’s Rousselot has received patent approval for its SiMoGel technology. The technology helps in the elimination of starch-based gelatin used in the production of nutraceutical gummy. Further, the product is expected to reduce the setting time to a maximum of 30 minutes compared to 24 hours.
August 2022AcquisitionDarling Ingredients Inc. acquired Gelnex, a Brazil-based collagen peptides and gelatin manufacturer. The acquisition will strengthen Darling Ingredients’ production capacity and customer base through the additional production capacity of 6 plants in South America and the United States of the latter.
January 2022PartnershipDarling Ingredients have entered a two-year partnership with Terasaki Institute for Biomedical Innovation (TIBI). The company will supply X-Pure modified gelatins for the latter’s gelatin-based therapies development project. This collaboration is expected to benefit the inhouse gelatin experts with research insights which will help them in further product innovation
October 2021Product LaunchRousselot launched a series of gelatin products under Quali-Pure product segment for various applications in biomedical industry including wound healing, vaccines, hemostatic, drug delivery, and embolization. The new products are designed with low levels of endotoxins and are in compliant with ISO 222442 and EU Medical Device Regulation Standards
May 2021Product LaunchThe Company has launched X-Pure Gelatin Desaminotyrosine (GelDAT), a modified gelatin that will serve as an alternative to gelatin tyramine (GelTYR) for pharmaceutical applications. The product is aimed to overcome the scalability and irreproducibility issues posed by GelTYR.
July 2020Product LaunchRousselot launched X-Pure GelMA, a new gelatin for biomedical industry users including tissue engineering, 3D bioprinting, and regenerative medicine. GelMA stands for gelatin methacryloyl and is majorly used for use in preclinical and clinical purpose. The product is the first good manufacturing practice (GMP)-ready gelatin in its range of products, which is expected to provide smooth regulatory compliance in the end product development.

Product Offering

  • Darling Ingredients Inc.
    • Global Gelatin Market

Financial Performance

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By Business Segment: Sales rose from USD 3,363.9 Mn in 2019 to USD 4,741.4 Mn in 2021.
Darling Ingredients Inc. — By Business Segment
Series (USD Mn)201920202021
Sales3,363.93,571.94,741.4

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