The slaughterhouse and poultry industry is possibly one of the fastest-growing sectors driven by the increasing demand in food availability. Subsequently, the wastes produced from the slaughterhouse and poultry industry are in huge quantities, which could be a promising resource for the recovery of value added products, and bioenergy production to minimize the dependence on fossil fuels. Furthermore, the wastes from slaughterhouses and poultry are a hub of pathogens that is capable of infecting humans and animals. This demands the emerging need for an effective and safe disposal method to reduce the spread of diseases following animal slaughtering. In light of that, the state of the production of slaughterhouse and poultry wastes was presented at first. Following this, the impact of solid waste exposure in terms of air, water, and soil pollution and the associated health challenges due to improper solid waste management practices were presented to highlight the importance of the topic. Secondly, the potency of these solid wastes and the various waste-to-energy technologies that have been employed for effective management and resource utilization of wastes generated from slaughterhouses and poultry were reviewed in detail. Finally, this review also highlights the opportunities and challenges associated with effective solid waste management, future requirements for the development of effective technologies for the recovery of value added products (like keratin, fibreboards), and biofuel production.