Tuesday, November 13, 2018

Difference Between Joint Product And By-product

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
difference-between-joint-product-by-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)

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.