KSA Used Cooking Oil Market Research Report Forecast to 2030

The KSA used cooking oil is projected to witness significant growth during the review period, exhibiting a CAGR of 4.35%. The market was estimated to be USD 25.54 million in 2022 and is expected to reach a value of USD 35.82 million by the end of the forecast period (2022-2030).

UCOs are fats and oils which have been used for frying or cooking in the fast food and restaurant sectors, as well as at the consumer level in homes. They are categorized as Municipal Wastes from home waste and comparable commercial, industrial, and institutional wastes. "UCO" refers to fats and oils used for frying or cooking that come from commercial or industrial food processing activities, including restaurants. Only fats, oils, or greases that have previously been used for cooking or frying operations may be present in feedstock that is characterized as UCO.

The increasing government initiatives from government for waste management has been growing, hence the corporate and industrial companies are further concentrating on the recycling processes. Additionally, growing usage of the cooking oil in manufacturing of biofuel has enlarged these days. Key players operating in the used cooking oil collection and recycling process has been constantly focusing on the development for saving the environment. However, inappropriate disposal of UCO leads to contamination of the ecosystem.

Market Segmentation

According to the source, the market for used cooking oil has been broken down into sectors for food manufacturers, HoReCa, households, and others. The food HoReCa segment represented a market share of 57.28% in 2022 and is anticipated to expand at a CAGR of 4.04% during the upcoming years. In 2022, the food manufacturers category held the second-largest share of 31.99%. During the anticipated period, the household segment is anticipated to experience the highest CAGR of 6.87%.

The used cooking oil market by application has been split into biodiesel, oleochemical goods, animal feed, and other uses based on application. The largest segment, which had a share of 78.46% in 2022 and is anticipated to increase at a rate of 4.31% over the forecast period, is biodiesel. In 2022, the oleochemicals category held the second-largest share of 13.29%. During the projection period, the oleochemicals segment is anticipated to experience the highest CAGR of 5.07%, owing to its continued rising usage in manufacturing of oleochemical products.

Major Players

Green Lighthouse Trading Est. Mawarid Makkah Trading, Company LL, Oil Hunters, Tadweer, Saudi biodiseal and Veolia are the players dominating the KSA used cooking oil market.

TABLE OF CONTENTS

1 EXECUTIVE SUMMARY

1.1 KSA USED COOKING OIL, BY SOURCE
1.2 KSA USED COOKING OIL, BY APPLICATION

2 MARKET INTRODUCTION

2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 RESEARCH OBJECTIVE
2.4 MARKET STRUCTURE

3 RESEARCH METHODOLOGY

3.1 RESEARCH PROCESS
3.2 PRIMARY RESEARCH
3.3 SECONDARY RESEARCH
3.4 MARKET SIZE ESTIMATION
3.5 FORECAST MODEL
3.6 LIST OF ASSUMPTIONS & LIMITATIONS

4 MARKET DYNAMICS

4.1 INTRODUCTION
4.2 DRIVERS
- 4.2.1 GROWING USAGE OF USED COOKING OIL IN THE MANUFACTURING OF BIOFUELS
- 4.2.2 INCREASING GOVERNMENT INITIATIVES FOR WASTE MANAGEMENT
- 4.2.3 DRIVER IMPACT ANALYSIS
4.3 RESTRAINTS
- 4.3.1 INAPPROPRIATE DISPOSAL OF UCO LEADS TO CONTAMINATION OF THE ECOSYSTEM
- 4.3.2 RESTRAINT IMPACT ANALYSIS
4.4 OPPORTUNITIES
- 4.4.1 IMPROVING ANIMAL FEED INDUSTRY ACROSS THE COUNTRY
- 4.4.2 BOOSTING HORECA INDUSTRY
4.5 CHALLENGES
- 4.5.1 LACK OF ORAGNIZATION IN THE MARKET

5 MARKET FACTOR ANALYSIS

5.1 VALUE CHAIN ANALYSIS
- 5.1.1 RAW MATERIAL PROCUREMENT
- 5.1.2 PROCESSING
  - 5.1.2.1 PROCESSING AT RECYCLING UNIT
  - 5.1.2.2 TRANSPORTING THE OIL
  - 5.1.2.3 CONVERSION TO BIODIESEL
- 5.1.3 PACKAGING
5.2 SUPPLY CHAIN ANALYSIS
- 5.2.1 RAW MATERIALS SOURCING
- 5.2.2 PROCESSING
- 5.2.3 DISTRIBUTION
- 5.2.4 END-USER
5.3 PORTER'S FIVE FORCES MODEL
- 5.3.1 THREAT OF NEW ENTRANTS
- 5.3.2 BARGAINING POWER OF SUPPLIERS
- 5.3.3 THREAT OF SUBSTITUTES
- 5.3.4 BARGAINING POWER OF BUYERS
- 5.3.5 INTENSITY OF RIVALRY
5.4 COVID-19 IMPACT ANALYSIS
- 5.4.1 IMPACT ON SUPPLY CHAIN
- 5.4.2 IMPACT ON SUPPLY CHAIN
- 5.4.3 IMPACT ON APPLICATION AREAS
5.5 UCO COLLECTION NETWORK REQUIREMENTS IN SAUDI ARABIA
- 5.5.1 LAWS & REGULATIONS
- 5.5.2 PERMITS & LICENSES
  - 5.5.2.1 PERMITS
  - 5.5.2.2 LICENSES
- 5.5.3 ANALYSIS ON COLLECTION OF USED COOKING OIL
  - 5.5.3.1 PROFITABLE MINIMUM COLLECTION
  - 5.5.3.2 PRICE TO EXPECT PER TON OF USED COOKING OIL
  - 5.5.3.3 NECESSITY BEFORE SELLING TO CUSTOMERS
  - 5.5.3.4 REQUIRED MANPOWER
  - 5.5.3.5 COLLECTION PERIOD
  - 5.5.3.6 COLLECTION SCHEMES
  - 5.5.3.7 COLLECTION SYSTEM
  - 5.5.3.8 COLLECTION METHOD
- 5.5.4 PAIN-POINTS IN CURRENT COLLECTION SYSTEMS
- 5.5.5 CONSUMED OIL RECOVERY FROM B2B AND B2C
- 5.5.6 FRACTIONED COOKING OIL MARKET (RECOVERED FROM UCO), USD MILLION, 2020-2030
- 5.5.7 PRICING ANALYSIS OF BUYING USED COOKING OIL FROM DIFFERENT OUTLETS
- 5.5.8 NUMBER OF OUTLETS
- 5.5.9 IMPORTS/EXPORTS ANALYSIS
- 5.5.10 COUNTRY ECONOMIC INDICATORS

6 KSA USED COOKING OIL MARKET, BY SOURCE (SUPPLY POTENTIAL)

6.1 OVERVIEW
- 6.1.1 KSA USED COOKING OIL MARKET SUPPLY POTENTIAL, BY SOURCE, 2020-2030
6.2 FOOD MANUFACTURERS
6.3 HORECA
6.4 HOUSEHOLD
6.5 OTHERS

7 KSA USED COOKING OIL MARKET, BY APPLICATION (DEMAND)

7.1 OVERVIEW
- 7.1.1 KSA USED COOKING OIL MARKET DEMAND ESTIMATES & FORECAST, BY APPLICATION, 2020-2030
7.2 BIODIESEL
7.3 OLEOCHEMICAL PRODUCTS
7.4 ANIMAL FEED
7.5 OTHERS
7.6 MRFR POINT OF VIEW

8 COMPETITIVE LANDSCAPE

8.1 INTRODUCTION
- 8.1.1 MARKET STRATEGY ANALYSIS
8.2 COMPETITIVE BENCHMARKING
- 8.2.1 INTRODUCTION
- 8.2.2 PRODUCT PORTFOLIO
- 8.2.3 REGIONAL PRESENCE
- 8.2.4 STRATEGIC ALLIANCES
- 8.2.5 INDUSTRY EXPERIENCES

9 COMPANY PROFILES

9.1 VEOLIA
- 9.1.1 COMPANY OVERVIEW
- 9.1.2 FINANCIAL OVERVIEW
- 9.1.3 SERVICES OFFERED
- 9.1.4 KEY DEVELOPMENTS
- 9.1.5 SWOT ANALYSIS
- 9.1.6 KEY STRATEGIES
9.2 GREEN LIGHTHOUSE TRADING EST.
- 9.2.1 COMPANY OVERVIEW
- 9.2.2 FINANCIAL OVERVIEW
- 9.2.3 KEY DEVELOPMENTS
- 9.2.4 SWOT ANALYSIS
- 9.2.5 KEY STRATEGIES
9.3 MAWARID MAKKAH TRADING COMPANY LLC
- 9.3.1 COMPANY OVERVIEW
- 9.3.2 FINANCIAL OVERVIEW
- 9.3.3 SERVICES OFFERED
- 9.3.4 KEY DEVELOPMENTS
- 9.3.5 SWOT ANALYSIS
- 9.3.6 KEY STRATEGIES
9.4 OIL HUNTERS
- 9.4.1 COMPANY OVERVIEW
- 9.4.2 FINANCIAL OVERVIEW
- 9.4.3 SERVICES OFFERED
- 9.4.4 KEY DEVELOPMENTS
- 9.4.5 KEY STRATEGIES
9.5 TADWEER WASTE TREATMENT LLC.
- 9.5.1 COMPANY OVERVIEW
- 9.5.2 FINANCIAL OVERVIEW
- 9.5.3 SERVICES OFFERED
- 9.5.4 KEY DEVELOPMENTS
- 9.5.5 KEY STRATEGIES
9.6 SAUDI BIODISEAL.
- 9.6.1 COMPANY OVERVIEW
- 9.6.2 FINANCIAL OVERVIEW
- 9.6.3 SERVICES OFFERED
- 9.6.4 KEY DEVELOPMENTS
- 9.6.5 KEY STRATEGIES

10 APPENDIX

10.1 REFERENCES
10.2 RELATED REPORTS

LIST OF TABLES

TABLE 1 PRIMARY INTERVIEWS 17
TABLE 2 LIST OF ASSUMPTIONS & LIMITATIONS 21
TABLE 3 UCO COLLECTION SCHEMES 40
TABLE 4 UCO (%) WHICH HAS BEEN CONVERTED TO FCO, 2022* 42
TABLE 5 PRICING ANALYSIS, 2022* 43
TABLE 6 NUMBER OF OUTLETS 43
TABLE 7 SAUDI ARABIA'S EXPORTS TO WORLD (USD THOUSAND) 44
TABLE 8 SAUDI ARABIA'S IMPORTS FROM WORLD (USD THOUSAND) 44
TABLE 9 KSA USED COOKING OIL MARKET SUPPLY POTENTIAL, BY SOURCE, 2020-2030 (USD MILLION) 47
TABLE 10 KSA USED COOKING OIL MARKET SUPPLY POTENTIAL, BY SOURCE, 2020-2030 (KILO TONS) 47
TABLE 11 KSA: MARKET DEMAND ESTIMATES, BY APPLICATION, 2020-2030 (USD MILLION) 50
TABLE 12 KSA: MARKET DEMAND ESTIMATES, BY APPLICATION, 2020-2030 (KILO TONS) 50
TABLE 13 VEOLIA: SERVICES OFFERED 56
TABLE 14 GREEN LIGHTHOUSE TRADING EST: SERVICES OFFERED 58
TABLE 15 MAWARID MAKKAH TRADING COMPANY LLC.: SERVICES OFFERED 60
TABLE 16 OIL HUNTERS: SERVICES OFFERED 62
TABLE 17 TADWEER WASTE TREATMENT LLC: SERVICES OFFERED 63
TABLE 18 SAUDI BIODISEAL: SERVICES OFFERED 64

LIST OF FIGURES

FIGURE 1 MARKET SYNOPSIS 11
FIGURE 2 KSA USED COOKING OIL ANALYSIS BY SOURCE (SUPPLY POTENTIAL) 12
FIGURE 3 KSA USED COOKING OIL ANALYSIS BY APPLICATION (DEMAND) 13
FIGURE 4 KSA USED COOKING OIL: STRUCTURE 15
FIGURE 5 RESEARCH PROCESS 16
FIGURE 6 TOP-DOWN & BOTTOM-UP APPROACHES 19
FIGURE 7 MARKET DYNAMIC ANALYSIS OF THE KSA USED COOKING OIL MARKET 22
FIGURE 8 DRIVER IMPACT ANALYSIS 24
FIGURE 9 RESTRAINT IMPACT ANALYSIS 25
FIGURE 10 NUMBER FARM LIVESTOCK IN SAUDI ARABIA IN 2019 26
FIGURE 11 RESTAURANTS IN RIYADH, SAUDI ARABIA AS OF 2020 27
FIGURE 12 VALUE CHAIN: KSA USED COOKING OIL MARKET 29
FIGURE 13 KSA USED COOKING OIL MARKET: SUPPLY CHAIN ANALYSIS 31
FIGURE 14 PORTER'S FIVE FORCES ANALYSIS OF THE KSA USED COOKING OIL MARKET 33
FIGURE 15 IMPACT OF THE COVID-19 OUTBREAK ON KSA USED COOKING OIL MARKET 35
FIGURE 16 KSA USED COOKING OIL MARKET: SUPPLY CHAIN 35
FIGURE 17 KSA USED COOKING OIL MARKET: IMBALANCE OF SUPPLY/DEMAND 37
FIGURE 18 PREFERRED COLLECTION METHODS 41
FIGURE 19 BARRIERS TO UCO RECYCLING 41
FIGURE 20 OIL RECOVERY FROM B2B AND B2C, 42
FIGURE 21 KSA USED COOKING OIL MARKET SUPPLY POTENTIAL, BY SOURCE, 2022 (% SHARE) 46
FIGURE 22 KSA USED COOKING OIL MARKET SUPPLY POTENTIAL, BY SOURCE, 2020-2030 (USD MILLION) 46
FIGURE 23 KSA USED COOKING OIL MARKET DEMAND, BY APPLICATION, 2022 (% SHARE) 49
FIGURE 24 KSA USED COOKING OIL MARKET DEMAND, BY APPLICATION, 2020-2030 (USD MILLION) 49
FIGURE 25 BENCHMARKING OF MAJOR COMPETITORS 53
FIGURE 26 VEOLIA: FINANCIAL OVERVIEW SNAPSHOT 56
FIGURE 27 VEOLIA: SWOT ANALYSIS 57
FIGURE 28 GREEN LIGHTHOUSE TRADING EST: SWOT ANALYSIS 59
FIGURE 29 MAWARID MAKKAH TRADING COMPANY LLC.: SWOT ANALYSIS 61