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PUBLISHER: IMARC | PRODUCT CODE: 1291431

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PUBLISHER: IMARC | PRODUCT CODE: 1291431

Used Cooking Oil Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

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Market Overview:

The global used cooking oil market size reached US$ 6.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 8.9 Billion by 2028, exhibiting a growth rate (CAGR) of 6.3% during 2023-2028.

Used cooking oil (UCO), or waste vegetable oil, is produced by the repeated use of cooking oils in hotels, restaurants, food processing units and household sectors. It is the leftover cooking oil and is obtained from sunflower, corn, canola, olive, palm, rapeseed, soya oils and animal fats. It is also available in mixed compositions. Recycled and processed UCOs are widely used for the manufacturing of soaps, composts, oleochemicals, hydrogenated vegetable oils (HVO), industrial greases, biodiesels and animal feed. In comparison to the traditionally used materials, UCO is highly cost-effective, environment-friendly and readily available in bulk quantities for mass production of various products.

Used Cooking Oil Market Trends:

The increasing adoption of bio-based fuels across the globe is one of the key factors driving the market growth. The consumer preference is rapidly shifting from petroleum-based fuels toward biodiesel and green energy fuels with a lower carbon footprint due to rising environmental consciousness. Moreover, the widespread adoption of UCO in the manufacturing of animal feed is providing a thrust to the growth of the market. Significant growth in the food and beverage industry is also creating a positive outlook for the market. Cooking oils used in the preparation of fast food and other fried products are processed and further utilized as UCOs in industrial plants. Additionally, improvements in the processing and manufacturing technologies are acting as other growth-inducing factors. Product manufacturers are developing innovative ozone-treated oils with high calorific value and lower ignition points. UCO is also widely being used as a fermentation media component that acts as a carbon source in microorganisms for biodiesel production. Other factors, including the implementation of favorable government policies, along with extensive research and development (R&D) activities, are anticipated to drive the market toward growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global used cooking oil market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on source and application.

Breakup by Source:

  • Household Sector
  • Commercial Sector

Breakup by Application:

  • Biodiesel
  • Oleo Chemicals
  • Animal feed
  • Others

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being ABP Food Group, Arrow Oils Ltd, Baker Commodities Inc., Brocklesby Limited., Grand Natural Inc., Greasecycle LLC, MBP Solutions Ltd., Oz Oils Pty Ltd, Valley Proteins Inc. and Veolia Environment S.A.

Key Questions Answered in This Report:

  • What was the size of the global used cooking oil market in 2022?
  • What is the expected growth rate of the global used cooking oil market during 2023-2028?
  • What are the key factors driving the global used cooking oil market?
  • What has been the impact of COVID-19 on the global used cooking oil market?
  • What is the breakup of the global used cooking oil market based on the source?
  • What is the breakup of the global used cooking oil market based on the application?
  • What are the key regions in the global used cooking oil market?
  • Who are the key players/companies in the global used cooking oil market?
Product Code: SR112023A5667

Table of Contents

1   Preface

2   Scope and Methodology

  • 2.1  Objectives of the Study
  • 2.2  Stakeholders
  • 2.3  Data Sources
    • 2.3.1  Primary Sources
    • 2.3.2  Secondary Sources
  • 2.4  Market Estimation
    • 2.4.1  Bottom-Up Approach
    • 2.4.2  Top-Down Approach
  • 2.5  Forecasting Methodology

3   Executive Summary

4   Introduction

  • 4.1  Overview
  • 4.2  Key Industry Trends

5   Global Used Cooking Oil Market

  • 5.1  Market Overview
  • 5.2  Market Performance
  • 5.3  Impact of COVID-19
  • 5.4  Market Forecast

6   Market Breakup by Source

  • 6.1  Household Sector
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2  Commercial Sector
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast

7   Market Breakup by Application

  • 7.1  Biodiesel
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2  Oleo Chemicals
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast
  • 7.3  Animal feed
    • 7.3.1 Market Trends
    • 7.3.2 Market Forecast
  • 7.4  Others
    • 7.4.1 Market Trends
    • 7.4.2 Market Forecast

8   Market Breakup by Region

  • 8.1  North America
    • 8.1.1 United States
      • 8.1.1.1 Market Trends
      • 8.1.1.2 Market Forecast
    • 8.1.2 Canada
      • 8.1.2.1 Market Trends
      • 8.1.2.2 Market Forecast
  • 8.2  Asia-Pacific
    • 8.2.1 China
      • 8.2.1.1 Market Trends
      • 8.2.1.2 Market Forecast
    • 8.2.2 Japan
      • 8.2.2.1 Market Trends
      • 8.2.2.2 Market Forecast
    • 8.2.3 India
      • 8.2.3.1 Market Trends
      • 8.2.3.2 Market Forecast
    • 8.2.4 South Korea
      • 8.2.4.1 Market Trends
      • 8.2.4.2 Market Forecast
    • 8.2.5 Australia
      • 8.2.5.1 Market Trends
      • 8.2.5.2 Market Forecast
    • 8.2.6 Indonesia
      • 8.2.6.1 Market Trends
      • 8.2.6.2 Market Forecast
    • 8.2.7 Others
      • 8.2.7.1 Market Trends
      • 8.2.7.2 Market Forecast
  • 8.3  Europe
    • 8.3.1 Germany
      • 8.3.1.1 Market Trends
      • 8.3.1.2 Market Forecast
    • 8.3.2 France
      • 8.3.2.1 Market Trends
      • 8.3.2.2 Market Forecast
    • 8.3.3 United Kingdom
      • 8.3.3.1 Market Trends
      • 8.3.3.2 Market Forecast
    • 8.3.4 Italy
      • 8.3.4.1 Market Trends
      • 8.3.4.2 Market Forecast
    • 8.3.5 Spain
      • 8.3.5.1 Market Trends
      • 8.3.5.2 Market Forecast
    • 8.3.6 Russia
      • 8.3.6.1 Market Trends
      • 8.3.6.2 Market Forecast
    • 8.3.7 Others
      • 8.3.7.1 Market Trends
      • 8.3.7.2 Market Forecast
  • 8.4  Latin America
    • 8.4.1 Brazil
      • 8.4.1.1 Market Trends
      • 8.4.1.2 Market Forecast
    • 8.4.2 Mexico
      • 8.4.2.1 Market Trends
      • 8.4.2.2 Market Forecast
    • 8.4.3 Others
      • 8.4.3.1 Market Trends
      • 8.4.3.2 Market Forecast
  • 8.5  Middle East and Africa
    • 8.5.1 Market Trends
    • 8.5.2 Market Breakup by Country
    • 8.5.3 Market Forecast

9   SWOT Analysis

  • 9.1  Overview
  • 9.2  Strengths
  • 9.3  Weaknesses
  • 9.4  Opportunities
  • 9.5  Threats

10  Value Chain Analysis

11  Porters Five Forces Analysis

  • 11.1  Overview
  • 11.2  Bargaining Power of Buyers
  • 11.3  Bargaining Power of Suppliers
  • 11.4  Degree of Competition
  • 11.5  Threat of New Entrants
  • 11.6  Threat of Substitutes

12  Price Analysis

13  Competitive Landscape

  • 13.1  Market Structure
  • 13.2  Key Players
  • 13.3  Profiles of Key Players
    • 13.3.1  ABP Food Group
      • 13.3.1.1 Company Overview
      • 13.3.1.2 Product Portfolio
    • 13.3.2  Arrow Oils Ltd
      • 13.3.2.1 Company Overview
      • 13.3.2.2 Product Portfolio
    • 13.3.3  Baker Commodities Inc.
      • 13.3.3.1 Company Overview
      • 13.3.3.2 Product Portfolio
    • 13.3.4  Brocklesby Limited.
      • 13.3.4.1 Company Overview
      • 13.3.4.2 Product Portfolio
    • 13.3.5  Grand Natural Inc.
      • 13.3.5.1 Company Overview
      • 13.3.5.2 Product Portfolio
    • 13.3.6  Greasecycle LLC
      • 13.3.6.1 Company Overview
      • 13.3.6.2 Product Portfolio
    • 13.3.7  MBP Solutions Ltd.
      • 13.3.7.1 Company Overview
      • 13.3.7.2 Product Portfolio
    • 13.3.8  Oz Oils Pty Ltd
      • 13.3.8.1 Company Overview
      • 13.3.8.2 Product Portfolio
    • 13.3.9  Valley Proteins Inc.
      • 13.3.9.1 Company Overview
      • 13.3.9.2 Product Portfolio
    • 13.3.10  Veolia Environment S.A
      • 13.3.10.1 Company Overview
      • 13.3.10.2 Product Portfolio
      • 13.3.10.3 Financials
Product Code: SR112023A5667

List of Figures

  • Figure 1: Global: Used Cooking Oil Market: Major Drivers and Challenges
  • Figure 2: Global: Used Cooking Oil Market: Sales Value (in Billion US$), 2017-2022
  • Figure 3: Global: Used Cooking Oil Market Forecast: Sales Value (in Billion US$), 2023-2028
  • Figure 4: Global: Used Cooking Oil Market: Breakup by Source (in %), 2022
  • Figure 5: Global: Used Cooking Oil Market: Breakup by Application (in %), 2022
  • Figure 6: Global: Used Cooking Oil Market: Breakup by Region (in %), 2022
  • Figure 7: Global: Used Cooking Oil (Household Sector) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 8: Global: Used Cooking Oil (Household Sector) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 9: Global: Used Cooking Oil (Commercial Sector) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 10: Global: Used Cooking Oil (Commercial Sector) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 11: Global: Used Cooking Oil (Biodiesel) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 12: Global: Used Cooking Oil (Biodiesel) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 13: Global: Used Cooking Oil (Oleo Chemicals) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 14: Global: Used Cooking Oil (Oleo Chemicals) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 15: Global: Used Cooking Oil (Animal feed) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 16: Global: Used Cooking Oil (Animal feed) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 17: Global: Used Cooking Oil (Others) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 18: Global: Used Cooking Oil (Others) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 19: North America: Used Cooking Oil Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 20: North America: Used Cooking Oil Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 21: United States: Used Cooking Oil Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 22: United States: Used Cooking Oil Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 23: Canada: Used Cooking Oil Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 24: Canada: Used Cooking Oil Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 25: Asia-Pacific: Used Cooking Oil Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 26: Asia-Pacific: Used Cooking Oil Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 27: China: Used Cooking Oil Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 28: China: Used Cooking Oil Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 29: Japan: Used Cooking Oil Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 30: Japan: Used Cooking Oil Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 31: India: Used Cooking Oil Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 32: India: Used Cooking Oil Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 33: South Korea: Used Cooking Oil Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 34: South Korea: Used Cooking Oil Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 35: Australia: Used Cooking Oil Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 36: Australia: Used Cooking Oil Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 37: Indonesia: Used Cooking Oil Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 38: Indonesia: Used Cooking Oil Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 39: Others: Used Cooking Oil Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 40: Others: Used Cooking Oil Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 41: Europe: Used Cooking Oil Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 42: Europe: Used Cooking Oil Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 43: Germany: Used Cooking Oil Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 44: Germany: Used Cooking Oil Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 45: France: Used Cooking Oil Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 46: France: Used Cooking Oil Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 47: United Kingdom: Used Cooking Oil Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 48: United Kingdom: Used Cooking Oil Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 49: Italy: Used Cooking Oil Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 50: Italy: Used Cooking Oil Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 51: Spain: Used Cooking Oil Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 52: Spain: Used Cooking Oil Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 53: Russia: Used Cooking Oil Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 54: Russia: Used Cooking Oil Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 55: Others: Used Cooking Oil Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 56: Others: Used Cooking Oil Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 57: Latin America: Used Cooking Oil Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 58: Latin America: Used Cooking Oil Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 59: Brazil: Used Cooking Oil Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 60: Brazil: Used Cooking Oil Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 61: Mexico: Used Cooking Oil Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 62: Mexico: Used Cooking Oil Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 63: Others: Used Cooking Oil Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 64: Others: Used Cooking Oil Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 65: Middle East and Africa: Used Cooking Oil Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 66: Middle East and Africa: Used Cooking Oil Market: Breakup by Country (in %), 2022
  • Figure 67: Middle East and Africa: Used Cooking Oil Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 68: Global: Used Cooking Oil Industry: SWOT Analysis
  • Figure 69: Global: Used Cooking Oil Industry: Value Chain Analysis
  • Figure 70: Global: Used Cooking Oil Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Used Cooking Oil Market: Key Industry Highlights, 2022 and 2028
  • Table 2: Global: Used Cooking Oil Market Forecast: Breakup by Source (in Million US$), 2023-2028
  • Table 3: Global: Used Cooking Oil Market Forecast: Breakup by Application (in Million US$), 2023-2028
  • Table 4: Global: Used Cooking Oil Market Forecast: Breakup by Region (in Million US$), 2023-2028
  • Table 5: Global: Used Cooking Oil Market: Competitive Structure
  • Table 6: Global: Used Cooking Oil Market: Key Players
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