Used Cooking Oil Market Size, Share & Industry Growth (2024–2032)

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The Global Used Cooking Oil Market size is expected to grow from USD 7.29 billion in 2022 to USD 10.61 billion by 2030, at a CAGR of 4.8 % during the forecast period (2023–2030).

 

The Used Cooking Oil (UCO) Market involves the collection, processing, and recycling of cooking oils that have been used in food preparation. Here's an overview of the UCO market

 Market Overview:

Used cooking oil is mostly produced by homes, commercial food processing facilities, and food service establishments like fast-food chains, hotels, cafeterias, and restaurants.Cooking oil is seen as waste once it has been used for frying or cooking, rendering it unfit for use in subsequent food preparation. Nevertheless, UCO can be gathered and converted into a variety of worthwhile goods as opposed to being disposed of.

A wide range of parties are involved in the UCO industry, such as regulators, restaurants, food manufacturers, biodiesel producers, collectors, and processors.

Market Opportunities:

To satisfy the rising demand for renewable fuels, biodiesel companies have the chance to increase their output capacity and use UCO as a feedstock.Waste management and recycling businesses can benefit from the rising demand for UCO collection, processing, and recycling services by providing ecologically friendly methods of disposing of food waste.

 

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Leading players involved in the Used Cooking Oil Market include:

  • Waste Oil Recyclers Inc. (US)
  • Brocklesby Limited (UK)
  • Greasecycle (US)
  • Baker Commodities Inc. (US)
  • Veolia Environnment S.A. (France)
  • Darling Ingredients Inc. (US)
  • Arrows Oils Ltd (UK)
  • Olleco Ltd. (UK)
  • Argent Energy (UK)
  • Grand Natural Inc. (US)
  • Averda (Dubai) and others major players.

Segmentation of Used Cooking Oil Market:

By Source

  • Food Manufacturers
  • Household

By Application

  • Biodiesel
  • Oleochemical Products

by Region      

  • North America (U.S., Canada, Mexico)
  • Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
  • Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
  • Middle East Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
  • South America (Brazil, Argentina, Rest of SA)

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