Used Cooking Oil Market, By Application, By Source, By Geography

Description

Used Cooking Oil Market is estimated to be valued at USD 7.89 Bn in 2025 and is expected to reach USD 12.75 Bn by 2032, growing at a compound annual growth rate (CAGR) of 7.1% from 2025 to 2032.

Report Coverage		Report Details
Base Year:	2024	Market Size in 2025:	USD 7.89 Bn
Historical Data for:	2020 To 2024	Forecast Period:	2025 To 2032
Forecast Period 2025 to 2032 CAGR:	7.10%	2032 Value Projection:	USD 12.75 Bn

The global used cooking oil market has emerged as a critical component of the circular economy and sustainable resource management framework, representing a significant shift from waste disposal to valuable resource recovery.

Used cooking oil, generated from various food service establishments, households, and industrial food processing facilities, has transformed from an environmental burden into a highly sought-after feedstock for multiple industries including biodiesel production, animal feed manufacturing, and oleochemical synthesis. This market encompasses the collection, processing, and conversion of waste cooking oils into value-added products, addressing both environmental concerns and energy security challenges.

Market Dynamics

The global used cooking oil market is primarily driven by the escalating demand for biodiesel production as governments worldwide implement renewable energy mandates and carbon reduction targets, with used cooking oil serving as a cost-effective and environmentally sustainable feedstock compared to virgin vegetable oils. Growing environmental consciousness regarding proper waste disposal methods, combined with increasing penalties for improper oil discharge, compels restaurants, hotels, and food processing facilities to seek legitimate collection and recycling channels.

Key Features of the Study

This report provides in-depth analysis of the global used cooking oil market, and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period (2025-2032), considering 2024 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global used cooking oil market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Bunge Limited, Cargill, Inc., Neste Corporation, Renewable Energy Group, Inc., Veolia Environnement S.A., Sustainable Oils, LLC, Green Fuel Oils, Ecovation, Biodiesel Industries, Catania Spagna Corporation, Oleo-Fats, Inc., Agri-Green Biofuels, Bioenergy Devco, Gulf Coast Biodiesel, and HollyFrontier Corporation
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global used cooking oil market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global used cooking oil market

Market Segmentation

Application Insights (Revenue, USD Bn, 2020 - 2032)
- Biodiesel Production
- Animal feed
- Oleochemicals
- Personal Care & Cosmetics
- Others
Source Insights (Revenue, USD Bn, 2020 - 2032)
- Food Service
- Household
- Others
Regional Insights (Revenue, USD Bn, 2020 - 2032)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
Key Players Insights
- Bunge Limited
- Cargill, Inc.
- Neste Corporation
- Renewable Energy Group, Inc.
- Veolia Environnement S.A.
- Sustainable Oils, LLC
- Green Fuel Oils
- Ecovation
- Biodiesel Industries
- Catania Spagna Corporation
- Oleo-Fats, Inc.
- Agri-Green Biofuels
- Bioenergy Devco
- Gulf Coast Biodiesel
- HollyFrontier Corporation

Product Code: CMI8424

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Global Used Cooking Oil Market, By Application
- Global Used Cooking Oil Market, By Source
- Global Used Cooking Oil Market, By Region

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
Impact Analysis
Key Highlights
Regulatory Scenario
Product Launches/Approvals
PEST Analysis
PORTER's Analysis
Market Opportunities
Regulatory Scenario
Key Developments
Industry Trends

4. Global Used Cooking Oil Market, By Application, 2020-2032, (USD Bn)

Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
Biodiesel Production
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Animal feed
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Oleochemicals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Personal Care & Cosmetics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)

5. Global Used Cooking Oil Market, By Source, 2020-2032, (USD Bn)

Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
Food Service
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Household
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)

6. Global Used Cooking Oil Market, By Region, 2020 - 2032, Value (USD Bn)

Introduction
- Market Share (%) Analysis, 2025, 2028 & 2032, Value (USD Bn)
- Market Y-o-Y Growth Analysis (%), 2021 - 2032, Value (USD Bn)
- Regional Trends
North America
- Introduction
- Market Size and Forecast, By Application, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Source, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
  - U.S.
  - Canada
Latin America
- Introduction
- Market Size and Forecast, By Application, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Source, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
Europe
- Introduction
- Market Size and Forecast, By Application, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Source, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
  - Germany
  - U.K.
  - Spain
  - France
  - Italy
  - Russia
  - Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, By Application, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Source, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
  - China
  - India
  - Japan
  - Australia
  - South Korea
  - ASEAN
  - Rest of Asia Pacific
Middle East
- Introduction
- Market Size and Forecast, By Application, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Source, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
  - GCC Countries
  - Israel
  - Rest of Middle East
Africa
- Introduction
- Market Size and Forecast, By Application, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Source, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Country/Region, 2020 - 2032, Value (USD Bn)
  - South Africa
  - North Africa
  - Central Africa

7. Competitive Landscape

Bunge Limited
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Cargill, Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Neste Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Renewable Energy Group, Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Veolia Environnement S.A.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Sustainable Oils, LLC
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Green Fuel Oils
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Ecovation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Biodiesel Industries
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Catania Spagna Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Oleo-Fats, Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Agri-Green Biofuels
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Bioenergy Devco
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Gulf Coast Biodiesel
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
HollyFrontier Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies

8. Analyst Recommendations

Wheel of Fortune
Analyst View
Coherent Opportunity Map

9. References and Research Methodology

References
Research Methodology
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