CATEGORY

Lard

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Lard Market Monitoring Dashboard


Supply Demand

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Lard Industry Benchmarks


Savings Achieved

(in %)

The average annual savings achieved in Lard category is 4.60%

Payment Terms

(in days)

The industry average payment terms in Lard category for the current quarter is 75.0 days

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Category Strategy and Flexibility

Engagement Model

Supply Assurance

Sourcing Process

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Contract Length

SLAs/KPIs

Lead Time

Supplier Diversity

Targeted Savings

Risk Mitigation

Financial Risk

Sanctions

AMEs

Geopolitical Risk

Cost Optimization

Price per Unit Competitiveness

Specification Leanness

Minimum Order Quality

Payment Terms

Inventory Control

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    Lard Suppliers


    379
    Total Suppliers
    6
    Diverse Suppliers
    74
    Normalized Supplier Rating
    Lard  Supplier

    Find the right-fit lard supplier for your specific business needs and filter by location, industry, category, revenue, certifications, and more on Beroe LiVE.Ai™.

    Sample Supplier
    Company
    Givaudan
    Location
    Jackson, Mississipi
    Duns number
    3862211

    D&B SER Rating

    dnb logo

    Up to 3 months

    1 9
    4
    Low Risk High Risk

    The Supplier Evaluation Risk (SER) Rating is Dun & Bradstreet’s proprietary scoring system used to assess the probability that a business will seek relief from creditors or cease operations within the next 12 months. SER ratings range from 1 to 9, with 9 indicating the highest risk of failure. We’ve prepared an infographic to help business owners better understand what influences their SER Rating.

    Moody`s ESG Solution
    ESG Profile

    Company and Sector Performance
    49

    100
    Limited (1)
    ESG Perfomance (/100)
    Environment
    49
    Social
    45
    Governance
    56
    6 Domains Performance (/100)
    Business behaviour
    45
    Human rights
    46
    Community Environment
    29
    Corporate governance
    70
    Human resources
    42
    Security Scorecard
    79

    Threat indicators
    C
    75
    Network Security
    Detecting insecure network settings
    A
    100
    Hacker Chatter
    Monitoring hacker sites for chatter about your company
    F
    53
    DNS Health
    Detecting DNS insecure configuration and vulnerabilities
    D
    66
    Application Security
    Detecting common website application vulnerbilities
    A
    100
    Endpoint Security
    Detecting unprotected enpoints or entry points of user tools, such as desktops, laptops mobile devices, and virtual desktops
    A
    100
    Cubic Score
    Proprietary algorithms checking for implementation of common security best practices
    C
    77
    Patching Cadence
    Out of date company assets which may contain vulnerabilities of risk
    A
    100
    Social Engineering
    Measuring company awareness to a social engineering or phising attack
    A
    100
    IP Reputation
    Detecting suspecious activity, such as malware or spam, within your company network
    A
    100
    Information Leak
    Potentially confidential company information which may have been inadvertently leaked

    Industry Comparison
    givaudan.com
    Industry average
    Adverse Media Appearances
    Environmental Issues
    0
    Workforce Health Safety Issues
    0
    Product Service Issues
    1
    Human Rights Issues
    0
    Production Supply Chain Issues
    0
    Environmental Non Compliance Flags
    1
    Corruption Issues
    0
    Regulatory Non Compliance Flags
    0
    Fraud Issues
    0
    Labor Health Safety Flags
    2
    Regulatory Issues
    0
    Workforce Disputes
    2
    Sanctions
    0
    esg energy transition
    60
    Discrimination Workforce Rights Issues
    0
    esg controversies critical severity
    No

    Lard market report transcript


    Lard Global Market Outlook:

    • Global Fat Supply (2019/2020E): 231.5 MMT
    • Global Lard Production (2019/2020E): 8.7 MMT

    Key Supply Constraints/Drivers for Lard: ~1.8 percent rise in CAGR by volume over five years, due to demand from the bakery sector

    Porter's Analysis on Lard 

    Supplier Power

    • Pig farmers are the suppliers of pigs for slaughter and rendering into lard
    • Most major lard suppliers are either vertically integrated or contract pig farmers to ensure sustained supply
    • Due to the relative abundance of pig farmers in major lard producing countries, supplier power is low

    Barriers to New Entrants

    • The US and EU lard markets are fairly consolidated by key suppliers, like Darling Ingredients, Ten Kate, and Saria Industries
    • The Asian market could be more fragmented, but acquisitions and mergers by top suppliers are also likely to take place
    • The Asian market represents the region with the most potential for entry of new suppliers; so, barriers to entry are moderate

    Intensity of Rivalry

    • The primary end-use of lard is in the food industry, particularly for baking, as a cooking fat or spread for breads
    • Lard is also utilized as biodiesel, but this application is limited
    • Supply of lard for the food industry is high, due to high pork demand, the former being a by-product of the latter
    • There can be competition between different buyers within the bakery industry, but intensity of rivalry is low

    Threat of Substitutes

    • Butter and oils are substitutes for lard within the food industry
    • Several crops, like soybean and animal fats like tallow, white choice grease, and others, are substitutes for lard as biodiesel feedstock
    • Lard accounts for only ~4.1 percent of fats and oils produced globally

    Buyer Power

    • Supplier market for lard is fairly consolidated in the US and EU
    • The availability of substitutes for lard in addition to potential fragmented suppliers in APAC weakens the supplier power
    • Buyer power can be considered moderate