Difference Between Joint Product And By-product
The main dissimilarities or difference between joint product and by-product can be pointed out as follows:
1. Introduction
Joint Product: Multiple products which are produced by a single production process using the same raw materials.
By-product: Secondary products which are recovered in the process of manufacturing the main product
2. Sales Value
Joint Product: Similar sales value
By-product: Lower sales value than main product
3. Importance
Joint Product: Equal importance of both products
By-products: Less importance than primary product
4. Production
Joint Product: They are manufactured or produced intentionally or purposely.
By-product: They are emerged accidentally or additionally
5. Examples
Joint Product: Different dairy products (ghee, milk, cheese, yogurt,cream etc)
By-product: Food fines, molasses, ash etc
Joint Product Vs By-product (Comparison Chart)
I hope this post is helpful to understand the difference between joint product and by-product and to make comparison between them.
Joint Product Vs By-product (Comparison Chart)
Basis For Difference
|
Joint Product
|
By-product
|
Introduction
|
Multiple products produced under single operation
|
Secondary products recovered while producing the main product
|
Value
|
Similar
|
Less than the main product
|
Importance
|
Equal
|
Less
|
Produced
|
Intentionally
|
Additionally
|
Examples
|
Different dairy products
|
Ash, molasses etc.
|
I hope this post is helpful to understand the difference between joint product and by-product and to make comparison between them.