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Used Cooking Oil Market By Source: Global Opportunity Analysis and Industry Forecast, 2024-2034

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    Report

  • 298 Pages
  • July 2024
  • Region: Global
  • Allied Market Research
  • ID: 5021792
UP TO OFF until Nov 15th 2024
Used cooking oil also known as waste cooking oil is obtained owing to the repeated usage of vegetable oils for food in restaurants, hotels, and food industries as well as household sectors. The used cooking oil can be obtained from a range of vegetable oils including sunflower, palm, rape, soya, and others, and is usually available in huge volume in mixed composition. Used cooking oil is a substitute for vegetable oil in the production of biodiesel, oleo chemicals, and animal feed. It is considered as a waste material and does not compete in the market. Thus, it has low cost as compared to vegetable oil and is easily available in bulk quantities. This drives the growth of the used cooking oil market.

The used cooking oil market has been witnessing significant growth due to several industry trends and growth drivers. One key factor contributing to this expansion is the increasing awareness of environmental sustainability. With a growing emphasis on reducing carbon footprints, the demand for recycling used cooking oil into biodiesel has surged. This trend aligns with the global commitment to combat climate change and reduce greenhouse gas emissions, driving the growth of the used cooking oil market.

Additionally, government regulations and incentives have played a crucial role in shaping the industry landscape. Many governments have implemented strict regulations regarding the disposal of cooking oil, pushing restaurants and food service establishments to recycle their used oil. Subsidies and tax benefits for biodiesel production from used cooking oil further incentivize businesses to participate in this sustainable practice, fostering market growth.

On the flip side, the industry does face challenges. One of the primary challenges is the collection and logistics associated with used cooking oil. Ensuring a consistent supply of high-quality used oil can be problematic, especially for smaller restaurants and food service providers. Moreover, competition for used cooking oil among various industries, including animal feed and cosmetics, can affect the availability and pricing of this resource.

However, amidst these challenges, numerous business opportunities have emerged. Companies that specialize in used cooking oil collection, processing, and biodiesel production have a significant market to tap into. Moreover, research and development in the field of biodiesel production from used cooking oil continue to create opportunities for innovation and cost-effective solutions.

In conclusion, the used cooking oil market is experiencing robust growth driven by environmental awareness, government support, and sustainability initiatives. While challenges exist, they are accompanied by business prospects for those willing to address collection and supply chain issues and invest in innovative solutions. As the world strives for a more sustainable future, the used cooking oil market is poised to play a pivotal role in reducing waste and carbon emissions.

The global used cooking oil market is segmented on the basis of source, application, and region. By source, it is classified into the household sector and the commercial sector. By application, it is divided into biodiesel, oleo chemicals, animal feed, and others. By region, it is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, the Netherlands, and the rest of Europe), Asia-Pacific (China, India, Australia, Japan, and the rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).

The major players operating in the market focus on key market strategies, such as mergers, product launches, acquisitions, collaborations, and partnerships. They have also been focusing on strengthening their market reach to maintain their goodwill in the ever-competitive market. Some of the key players in the used cooking oil market include Valley Proteins, Inc., Quatra, Baker Commodities Inc., Arrow Oils Ltd, Olleco, Waste Oil Recyclers, Grand Natural Inc., GREASECYCLE, Brocklesby Limited, and Oz Oils Pty Ltd.

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the used cooking oil market analysis from 2022 to 2032 to identify the prevailing used cooking oil market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the used cooking oil market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global used cooking oil market trends, key players, market segments, application areas, and market growth strategies.

Additional benefits you will get with this purchase are:

  • Quarterly Update and* (only available with a corporate license, on listed price)
  • 5 additional Company Profile of client Choice pre- or Post-purchase, as a free update.
  • Free Upcoming Version on the Purchase of Five and Enterprise User License.
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  • Free data Pack on the Five and Enterprise User License. (Excel version of the report)
  • Free Updated report if the report is 6-12 months old or older.
  • 24-hour priority response*
  • Free Industry updates and white papers.

Possible Customization with this report (with additional cost and timeline, please talk to the sales executive to know more)

  • Industry life cycle assessment, by region
  • Senario Analysis & Growth Trend Comparision
  • Supply Chain Analysis & Vendor Margins
  • Distributor margin Analysis
  • Pain Point Analysis
  • Regulatory Guidelines
  • Additional company profiles with specific to client's interest
  • Additional country or region analysis- market size and forecast
  • Average Selling Price Analysis / Price Point Analysis
  • Criss-cross segment analysis- market size and forecast
  • Expanded list for Company Profiles
  • Historic market data
  • Key player details (including location, contact details, supplier/vendor network etc. in excel format)

Key Market Segments

By Source

  • Househel Sector
  • Commercial Sector

By Application

  • Biodiesel
  • Oleo Chemicals
  • Animal Feed
  • Others

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • France
  • Germany
  • Italy
  • Spain
  • UK
  • Russia
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Thailand
  • Malaysia
  • Indonesia
  • Rest of Asia-Pacific
  • LAMEA
  • Brazil
  • South Africa
  • Saudi Arabia
  • UAE
  • Argentina
  • Rest of LAMEA

Key Market Players

  • Valley Proteins, Inc.
  • Quatra
  • Baker Commodities Inc.
  • ARROW OILS LTD.
  • Olleco Limited
  • Waste Oil Recyclers, Inc.
  • Grand Natural Inc.
  • Greasecycle LLC
  • Brocklesby Limited.
  • Oz Oils Pty Ltd.

 

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  • Online Access price format is valid for 60 days access. Printing is not enabled.
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Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research methodology
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.3. Porter’s five forces analysis
3.3.1. Low bargaining power of suppliers
3.3.2. Low threat of new entrants
3.3.3. Low threat of substitutes
3.3.4. Low intensity of rivalry
3.3.5. Low bargaining power of buyers
3.4. Market dynamics
3.4.1. Drivers
3.4.1.1. Increase in the use of UCO as raw material in Biodiesel
3.4.1.2. Wide Application of Used Cooking Oil (UCO)
3.4.1.3. Low cost of production as compared to vegetable oils
3.4.2. Restraints
3.4.2.1. Increase in the theft of Used Cooking Oil
3.4.3. Opportunities
3.4.3.1. Various Initiatives are taken by the government
3.4.3.2. Increase in adoption of used cooking oil in the Oleo chemical industry
3.5. Value Chain Analysis
3.6. Pricing Analysis
CHAPTER 4: USED COOKING OIL MARKET, BY APPLICATION
4.1. Overview
4.1.1. Market size and forecast
4.2. Biodiesel
4.2.1. Key market trends, growth factors and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market share analysis by country
4.3. Oleo Chemicals
4.3.1. Key market trends, growth factors and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market share analysis by country
4.4. Animal feed
4.4.1. Key market trends, growth factors and opportunities
4.4.2. Market size and forecast, by region
4.4.3. Market share analysis by country
4.5. Others
4.5.1. Key market trends, growth factors and opportunities
4.5.2. Market size and forecast, by region
4.5.3. Market share analysis by country
CHAPTER 5: USED COOKING OIL MARKET, BY SOURCE
5.1. Overview
5.1.1. Market size and forecast
5.2. Household Sector
5.2.1. Key market trends, growth factors and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market share analysis by country
5.3. Commercial Sector
5.3.1. Key market trends, growth factors and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market share analysis by country
CHAPTER 6: USED COOKING OIL MARKET, BY REGION
6.1. Overview
6.1.1. Market size and forecast By Region
6.2. North America
6.2.1. Key market trends, growth factors and opportunities
6.2.2. Market size and forecast, by Application
6.2.3. Market size and forecast, by Source
6.2.4. Market size and forecast, by country
6.2.4.1. U.S.
6.2.4.1.1. Market size and forecast, by Application
6.2.4.1.2. Market size and forecast, by Source
6.2.4.2. Canada
6.2.4.2.1. Market size and forecast, by Application
6.2.4.2.2. Market size and forecast, by Source
6.2.4.3. Mexico
6.2.4.3.1. Market size and forecast, by Application
6.2.4.3.2. Market size and forecast, by Source
6.3. Europe
6.3.1. Key market trends, growth factors and opportunities
6.3.2. Market size and forecast, by Application
6.3.3. Market size and forecast, by Source
6.3.4. Market size and forecast, by country
6.3.4.1. Germany
6.3.4.1.1. Market size and forecast, by Application
6.3.4.1.2. Market size and forecast, by Source
6.3.4.2. France
6.3.4.2.1. Market size and forecast, by Application
6.3.4.2.2. Market size and forecast, by Source
6.3.4.3. Italy
6.3.4.3.1. Market size and forecast, by Application
6.3.4.3.2. Market size and forecast, by Source
6.3.4.4. UK
6.3.4.4.1. Market size and forecast, by Application
6.3.4.4.2. Market size and forecast, by Source
6.3.4.5. Netherlands
6.3.4.5.1. Market size and forecast, by Application
6.3.4.5.2. Market size and forecast, by Source
6.3.4.6. Rest of Europe
6.3.4.6.1. Market size and forecast, by Application
6.3.4.6.2. Market size and forecast, by Source
6.4. Asia-Pacific
6.4.1. Key market trends, growth factors and opportunities
6.4.2. Market size and forecast, by Application
6.4.3. Market size and forecast, by Source
6.4.4. Market size and forecast, by country
6.4.4.1. China
6.4.4.1.1. Market size and forecast, by Application
6.4.4.1.2. Market size and forecast, by Source
6.4.4.2. Japan
6.4.4.2.1. Market size and forecast, by Application
6.4.4.2.2. Market size and forecast, by Source
6.4.4.3. India
6.4.4.3.1. Market size and forecast, by Application
6.4.4.3.2. Market size and forecast, by Source
6.4.4.4. Australia
6.4.4.4.1. Market size and forecast, by Application
6.4.4.4.2. Market size and forecast, by Source
6.4.4.5. Rest of Asia-Pacific
6.4.4.5.1. Market size and forecast, by Application
6.4.4.5.2. Market size and forecast, by Source
6.5. LAMEA
6.5.1. Key market trends, growth factors and opportunities
6.5.2. Market size and forecast, by Application
6.5.3. Market size and forecast, by Source
6.5.4. Market size and forecast, by country
6.5.4.1. Latin America
6.5.4.1.1. Market size and forecast, by Application
6.5.4.1.2. Market size and forecast, by Source
6.5.4.2. Middle East
6.5.4.2.1. Market size and forecast, by Application
6.5.4.2.2. Market size and forecast, by Source
6.5.4.3. Africa
6.5.4.3.1. Market size and forecast, by Application
6.5.4.3.2. Market size and forecast, by Source
CHAPTER 7: COMPETITIVE LANDSCAPE
7.1. Introduction
7.2. Top winning strategies
7.3. Product mapping of top 10 player
7.4. Competitive dashboard
7.5. Competitive heatmap
7.6. Top player positioning, 2022
CHAPTER 8: COMPANY PROFILES
8.1. ARROW OILS LTD.
8.1.1. Company overview
8.1.2. Key executives
8.1.3. Company snapshot
8.1.4. Operating business segments
8.1.5. Product portfolio
8.2. Baker Commodities Inc.
8.2.1. Company overview
8.2.2. Key executives
8.2.3. Company snapshot
8.2.4. Operating business segments
8.2.5. Product portfolio
8.3. Brocklesby Limited.
8.3.1. Company overview
8.3.2. Key executives
8.3.3. Company snapshot
8.3.4. Operating business segments
8.3.5. Product portfolio
8.4. Grand Natural Inc.
8.4.1. Company overview
8.4.2. Key executives
8.4.3. Company snapshot
8.4.4. Operating business segments
8.4.5. Product portfolio
8.5. Greasecycle LLC
8.5.1. Company overview
8.5.2. Key executives
8.5.3. Company snapshot
8.5.4. Operating business segments
8.5.5. Product portfolio
8.6. Olleco Limited
8.6.1. Company overview
8.6.2. Key executives
8.6.3. Company snapshot
8.6.4. Operating business segments
8.6.5. Product portfolio
8.6.6. Key strategic moves and developments
8.7. Oz Oils Pty Ltd.
8.7.1. Company overview
8.7.2. Key executives
8.7.3. Company snapshot
8.7.4. Operating business segments
8.7.5. Product portfolio
8.8. Valley Proteins, Inc.
8.8.1. Company overview
8.8.2. Key executives
8.8.3. Company snapshot
8.8.4. Operating business segments
8.8.5. Product portfolio
8.9. Waste Oil Recyclers, Inc.
8.9.1. Company overview
8.9.2. Key executives
8.9.3. Company snapshot
8.9.4. Operating business segments
8.9.5. Product portfolio
8.10. Quatra
8.10.1. Company overview
8.10.2. Key executives
8.10.3. Company snapshot
8.10.4. Operating business segments
8.10.5. Product portfolio
LIST OF TABLES
TABLE 01. GLOBAL USED COOKING OIL MARKET, BY APPLICATION, 2022-2032 ($MILLION)
TABLE 02. GLOBAL USED COOKING OIL MARKET, BY APPLICATION, 2022-2032 (TONS)
TABLE 03. USED COOKING OIL MARKET FOR BIODIESEL, BY REGION, 2022-2032 ($MILLION)
TABLE 04. USED COOKING OIL MARKET FOR BIODIESEL, BY REGION, 2022-2032 (TONS)
TABLE 05. USED COOKING OIL MARKET FOR OLEO CHEMICALS, BY REGION, 2022-2032 ($MILLION)
TABLE 06. USED COOKING OIL MARKET FOR OLEO CHEMICALS, BY REGION, 2022-2032 (TONS)
TABLE 07. USED COOKING OIL MARKET FOR ANIMAL FEED, BY REGION, 2022-2032 ($MILLION)
TABLE 08. USED COOKING OIL MARKET FOR ANIMAL FEED, BY REGION, 2022-2032 (TONS)
TABLE 09. USED COOKING OIL MARKET FOR OTHERS, BY REGION, 2022-2032 ($MILLION)
TABLE 10. USED COOKING OIL MARKET FOR OTHERS, BY REGION, 2022-2032 (TONS)
TABLE 11. GLOBAL USED COOKING OIL MARKET, BY SOURCE, 2022-2032 ($MILLION)
TABLE 12. USED COOKING OIL MARKET FOR HOUSEHOLD SECTOR, BY REGION, 2022-2032 ($MILLION)
TABLE 13. USED COOKING OIL MARKET FOR COMMERCIAL SECTOR, BY REGION, 2022-2032 ($MILLION)
TABLE 14. USED COOKING OIL MARKET, BY REGION, 2022-2032 ($MILLION)
TABLE 15. USED COOKING OIL MARKET, BY REGION, 2022-2032 (TONS)
TABLE 16. NORTH AMERICA USED COOKING OIL MARKET, BY APPLICATION, 2022-2032 ($MILLION)
TABLE 17. NORTH AMERICA USED COOKING OIL MARKET, BY APPLICATION, 2022-2032 (TONS)
TABLE 18. NORTH AMERICA USED COOKING OIL MARKET, BY SOURCE, 2022-2032 ($MILLION)
TABLE 19. NORTH AMERICA USED COOKING OIL MARKET, BY COUNTRY, 2022-2032 ($MILLION)
TABLE 20. NORTH AMERICA USED COOKING OIL MARKET, BY COUNTRY, 2022-2032 (TONS)
TABLE 21. U.S. USED COOKING OIL MARKET, BY APPLICATION, 2022-2032 ($MILLION)
TABLE 22. U.S. USED COOKING OIL MARKET, BY APPLICATION, 2022-2032 (TONS)
TABLE 23. U.S. USED COOKING OIL MARKET, BY SOURCE, 2022-2032 ($MILLION)
TABLE 24. CANADA USED COOKING OIL MARKET, BY APPLICATION, 2022-2032 ($MILLION)
TABLE 25. CANADA USED COOKING OIL MARKET, BY APPLICATION, 2022-2032 (TONS)
TABLE 26. CANADA USED COOKING OIL MARKET, BY SOURCE, 2022-2032 ($MILLION)
TABLE 27. MEXICO USED COOKING OIL MARKET, BY APPLICATION, 2022-2032 ($MILLION)
TABLE 28. MEXICO USED COOKING OIL MARKET, BY APPLICATION, 2022-2032 (TONS)
TABLE 29. MEXICO USED COOKING OIL MARKET, BY SOURCE, 2022-2032 ($MILLION)
TABLE 30. EUROPE USED COOKING OIL MARKET, BY APPLICATION, 2022-2032 ($MILLION)
TABLE 31. EUROPE USED COOKING OIL MARKET, BY APPLICATION, 2022-2032 (TONS)
TABLE 32. EUROPE USED COOKING OIL MARKET, BY SOURCE, 2022-2032 ($MILLION)
TABLE 33. EUROPE USED COOKING OIL MARKET, BY COUNTRY, 2022-2032 ($MILLION)
TABLE 34. EUROPE USED COOKING OIL MARKET, BY COUNTRY, 2022-2032 (TONS)
TABLE 35. GERMANY USED COOKING OIL MARKET, BY APPLICATION, 2022-2032 ($MILLION)
TABLE 36. GERMANY USED COOKING OIL MARKET, BY APPLICATION, 2022-2032 (TONS)
TABLE 37. GERMANY USED COOKING OIL MARKET, BY SOURCE, 2022-2032 ($MILLION)
TABLE 38. FRANCE USED COOKING OIL MARKET, BY APPLICATION, 2022-2032 ($MILLION)
TABLE 39. FRANCE USED COOKING OIL MARKET, BY APPLICATION, 2022-2032 (TONS)
TABLE 40. FRANCE USED COOKING OIL MARKET, BY SOURCE, 2022-2032 ($MILLION)
TABLE 41. ITALY USED COOKING OIL MARKET, BY APPLICATION, 2022-2032 ($MILLION)
TABLE 42. ITALY USED COOKING OIL MARKET, BY APPLICATION, 2022-2032 (TONS)
TABLE 43. ITALY USED COOKING OIL MARKET, BY SOURCE, 2022-2032 ($MILLION)
TABLE 44. UK USED COOKING OIL MARKET, BY APPLICATION, 2022-2032 ($MILLION)
TABLE 45. UK USED COOKING OIL MARKET, BY APPLICATION, 2022-2032 (TONS)
TABLE 46. UK USED COOKING OIL MARKET, BY SOURCE, 2022-2032 ($MILLION)
TABLE 47. NETHERLANDS USED COOKING OIL MARKET, BY APPLICATION, 2022-2032 ($MILLION)
TABLE 48. NETHERLANDS USED COOKING OIL MARKET, BY APPLICATION, 2022-2032 (TONS)
TABLE 49. NETHERLANDS USED COOKING OIL MARKET, BY SOURCE, 2022-2032 ($MILLION)
TABLE 50. REST OF EUROPE USED COOKING OIL MARKET, BY APPLICATION, 2022-2032 ($MILLION)
TABLE 51. REST OF EUROPE USED COOKING OIL MARKET, BY APPLICATION, 2022-2032 (TONS)
TABLE 52. REST OF EUROPE USED COOKING OIL MARKET, BY SOURCE, 2022-2032 ($MILLION)
TABLE 53. ASIA-PACIFIC USED COOKING OIL MARKET, BY APPLICATION, 2022-2032 ($MILLION)
TABLE 54. ASIA-PACIFIC USED COOKING OIL MARKET, BY APPLICATION, 2022-2032 (TONS)
TABLE 55. ASIA-PACIFIC USED COOKING OIL MARKET, BY SOURCE, 2022-2032 ($MILLION)
TABLE 56. ASIA-PACIFIC USED COOKING OIL MARKET, BY COUNTRY, 2022-2032 ($MILLION)
TABLE 57. ASIA-PACIFIC USED COOKING OIL MARKET, BY COUNTRY, 2022-2032 (TONS)
TABLE 58. CHINA USED COOKING OIL MARKET, BY APPLICATION, 2022-2032 ($MILLION)
TABLE 59. CHINA USED COOKING OIL MARKET, BY APPLICATION, 2022-2032 (TONS)
TABLE 60. CHINA USED COOKING OIL MARKET, BY SOURCE, 2022-2032 ($MILLION)
TABLE 61. JAPAN USED COOKING OIL MARKET, BY APPLICATION, 2022-2032 ($MILLION)
TABLE 62. JAPAN USED COOKING OIL MARKET, BY APPLICATION, 2022-2032 (TONS)
TABLE 63. JAPAN USED COOKING OIL MARKET, BY SOURCE, 2022-2032 ($MILLION)
TABLE 64. INDIA USED COOKING OIL MARKET, BY APPLICATION, 2022-2032 ($MILLION)
TABLE 65. INDIA USED COOKING OIL MARKET, BY APPLICATION, 2022-2032 (TONS)
TABLE 66. INDIA USED COOKING OIL MARKET, BY SOURCE, 2022-2032 ($MILLION)
TABLE 67. AUSTRALIA USED COOKING OIL MARKET, BY APPLICATION, 2022-2032 ($MILLION)
TABLE 68. AUSTRALIA USED COOKING OIL MARKET, BY APPLICATION, 2022-2032 (TONS)
TABLE 69. AUSTRALIA USED COOKING OIL MARKET, BY SOURCE, 2022-2032 ($MILLION)
TABLE 70. REST OF ASIA-PACIFIC USED COOKING OIL MARKET, BY APPLICATION, 2022-2032 ($MILLION)
TABLE 71. REST OF ASIA-PACIFIC USED COOKING OIL MARKET, BY APPLICATION, 2022-2032 (TONS)
TABLE 72. REST OF ASIA-PACIFIC USED COOKING OIL MARKET, BY SOURCE, 2022-2032 ($MILLION)
TABLE 73. LAMEA USED COOKING OIL MARKET, BY APPLICATION, 2022-2032 ($MILLION)
TABLE 74. LAMEA USED COOKING OIL MARKET, BY APPLICATION, 2022-2032 (TONS)
TABLE 75. LAMEA USED COOKING OIL MARKET, BY SOURCE, 2022-2032 ($MILLION)
TABLE 76. LAMEA USED COOKING OIL MARKET, BY COUNTRY, 2022-2032 ($MILLION)
TABLE 77. LAMEA USED COOKING OIL MARKET, BY COUNTRY, 2022-2032 (TONS)
TABLE 78. LATIN AMERICA USED COOKING OIL MARKET, BY APPLICATION, 2022-2032 ($MILLION)
TABLE 79. LATIN AMERICA USED COOKING OIL MARKET, BY APPLICATION, 2022-2032 (TONS)
TABLE 80. LATIN AMERICA USED COOKING OIL MARKET, BY SOURCE, 2022-2032 ($MILLION)
TABLE 81. MIDDLE EAST USED COOKING OIL MARKET, BY APPLICATION, 2022-2032 ($MILLION)
TABLE 82. MIDDLE EAST USED COOKING OIL MARKET, BY APPLICATION, 2022-2032 (TONS)
TABLE 83. MIDDLE EAST USED COOKING OIL MARKET, BY SOURCE, 2022-2032 ($MILLION)
TABLE 84. AFRICA USED COOKING OIL MARKET, BY APPLICATION, 2022-2032 ($MILLION)
TABLE 85. AFRICA USED COOKING OIL MARKET, BY APPLICATION, 2022-2032 (TONS)
TABLE 86. AFRICA USED COOKING OIL MARKET, BY SOURCE, 2022-2032 ($MILLION)
TABLE 87. ARROW OILS LTD.: KEY EXECUTIVES
TABLE 88. ARROW OILS LTD.: COMPANY SNAPSHOT
TABLE 89. ARROW OILS LTD.: PRODUCT SEGMENTS
TABLE 90. ARROW OILS LTD.: PRODUCT PORTFOLIO
TABLE 91. BAKER COMMODITIES INC.: KEY EXECUTIVES
TABLE 92. BAKER COMMODITIES INC.: COMPANY SNAPSHOT
TABLE 93. BAKER COMMODITIES INC.: PRODUCT SEGMENTS
TABLE 94. BAKER COMMODITIES INC.: PRODUCT PORTFOLIO
TABLE 95. BROCKLESBY LIMITED.: KEY EXECUTIVES
TABLE 96. BROCKLESBY LIMITED.: COMPANY SNAPSHOT
TABLE 97. BROCKLESBY LIMITED.: PRODUCT SEGMENTS
TABLE 98. BROCKLESBY LIMITED.: PRODUCT PORTFOLIO
TABLE 99. GRAND NATURAL INC.: KEY EXECUTIVES
TABLE 100. GRAND NATURAL INC.: COMPANY SNAPSHOT
TABLE 101. GRAND NATURAL INC.: PRODUCT SEGMENTS
TABLE 102. GRAND NATURAL INC.: PRODUCT PORTFOLIO
TABLE 103. GREASECYCLE LLC: KEY EXECUTIVES
TABLE 104. GREASECYCLE LLC: COMPANY SNAPSHOT
TABLE 105. GREASECYCLE LLC: PRODUCT SEGMENTS
TABLE 106. GREASECYCLE LLC: PRODUCT PORTFOLIO
TABLE 107. OLLECO LIMITED: KEY EXECUTIVES
TABLE 108. OLLECO LIMITED: COMPANY SNAPSHOT
TABLE 109. OLLECO LIMITED: PRODUCT SEGMENTS
TABLE 110. OLLECO LIMITED: PRODUCT PORTFOLIO
TABLE 111. OLLECO LIMITED: KEY STRATERGIES
TABLE 112. OZ OILS PTY LTD.: KEY EXECUTIVES
TABLE 113. OZ OILS PTY LTD.: COMPANY SNAPSHOT
TABLE 114. OZ OILS PTY LTD.: PRODUCT SEGMENTS
TABLE 115. OZ OILS PTY LTD.: PRODUCT PORTFOLIO
TABLE 116. VALLEY PROTEINS, INC.: KEY EXECUTIVES
TABLE 117. VALLEY PROTEINS, INC.: COMPANY SNAPSHOT
TABLE 118. VALLEY PROTEINS, INC.: PRODUCT SEGMENTS
TABLE 119. VALLEY PROTEINS, INC.: PRODUCT PORTFOLIO
TABLE 120. WASTE OIL RECYCLERS, INC.: KEY EXECUTIVES
TABLE 121. WASTE OIL RECYCLERS, INC.: COMPANY SNAPSHOT
TABLE 122. WASTE OIL RECYCLERS, INC.: PRODUCT SEGMENTS
TABLE 123. WASTE OIL RECYCLERS, INC.: PRODUCT PORTFOLIO
TABLE 124. QUATRA: KEY EXECUTIVES
TABLE 125. QUATRA: COMPANY SNAPSHOT
TABLE 126. QUATRA: PRODUCT SEGMENTS
TABLE 127. QUATRA: PRODUCT PORTFOLIO
LIST OF FIGURES
FIGURE 01. USED COOKING OIL MARKET, 2022-2032
FIGURE 02. SEGMENTATION OF USED COOKING OIL MARKET,2022-2032
FIGURE 03. TOP IMPACTING FACTORS IN USED COOKING OIL MARKET
FIGURE 04. TOP INVESTMENT POCKETS IN USED COOKING OIL MARKET (2023-2032)
FIGURE 05. LOW BARGAINING POWER OF SUPPLIERS
FIGURE 06. LOW THREAT OF NEW ENTRANTS
FIGURE 07. LOW THREAT OF SUBSTITUTES
FIGURE 08. LOW INTENSITY OF RIVALRY
FIGURE 09. LOW BARGAINING POWER OF BUYERS
FIGURE 10. GLOBAL USED COOKING OIL MARKET:DRIVERS, RESTRAINTS AND OPPORTUNITIES
FIGURE 11. PRICING ANALYSIS: USED COOKING OIL MARKET 2022 AND 2032
FIGURE 12. USED COOKING OIL MARKET, BY APPLICATION, 2022 AND 2032(%)
FIGURE 13. COMPARATIVE SHARE ANALYSIS OF USED COOKING OIL MARKET FOR BIODIESEL, BY COUNTRY 2022 AND 2032(%)
FIGURE 14. COMPARATIVE SHARE ANALYSIS OF USED COOKING OIL MARKET FOR OLEO CHEMICALS, BY COUNTRY 2022 AND 2032(%)
FIGURE 15. COMPARATIVE SHARE ANALYSIS OF USED COOKING OIL MARKET FOR ANIMAL FEED, BY COUNTRY 2022 AND 2032(%)
FIGURE 16. COMPARATIVE SHARE ANALYSIS OF USED COOKING OIL MARKET FOR OTHERS, BY COUNTRY 2022 AND 2032(%)
FIGURE 17. USED COOKING OIL MARKET, BY SOURCE, 2022 AND 2032(%)
FIGURE 18. COMPARATIVE SHARE ANALYSIS OF USED COOKING OIL MARKET FOR HOUSEHOLD SECTOR, BY COUNTRY 2022 AND 2032(%)
FIGURE 19. COMPARATIVE SHARE ANALYSIS OF USED COOKING OIL MARKET FOR COMMERCIAL SECTOR, BY COUNTRY 2022 AND 2032(%)
FIGURE 20. USED COOKING OIL MARKET BY REGION, 2022 AND 2032(%)
FIGURE 21. U.S. USED COOKING OIL MARKET, 2022-2032 ($MILLION)
FIGURE 22. CANADA USED COOKING OIL MARKET, 2022-2032 ($MILLION)
FIGURE 23. MEXICO USED COOKING OIL MARKET, 2022-2032 ($MILLION)
FIGURE 24. GERMANY USED COOKING OIL MARKET, 2022-2032 ($MILLION)
FIGURE 25. FRANCE USED COOKING OIL MARKET, 2022-2032 ($MILLION)
FIGURE 26. ITALY USED COOKING OIL MARKET, 2022-2032 ($MILLION)
FIGURE 27. UK USED COOKING OIL MARKET, 2022-2032 ($MILLION)
FIGURE 28. NETHERLANDS USED COOKING OIL MARKET, 2022-2032 ($MILLION)
FIGURE 29. REST OF EUROPE USED COOKING OIL MARKET, 2022-2032 ($MILLION)
FIGURE 30. CHINA USED COOKING OIL MARKET, 2022-2032 ($MILLION)
FIGURE 31. JAPAN USED COOKING OIL MARKET, 2022-2032 ($MILLION)
FIGURE 32. INDIA USED COOKING OIL MARKET, 2022-2032 ($MILLION)
FIGURE 33. AUSTRALIA USED COOKING OIL MARKET, 2022-2032 ($MILLION)
FIGURE 34. REST OF ASIA-PACIFIC USED COOKING OIL MARKET, 2022-2032 ($MILLION)
FIGURE 35. LATIN AMERICA USED COOKING OIL MARKET, 2022-2032 ($MILLION)
FIGURE 36. MIDDLE EAST USED COOKING OIL MARKET, 2022-2032 ($MILLION)
FIGURE 37. AFRICA USED COOKING OIL MARKET, 2022-2032 ($MILLION)
FIGURE 38. TOP WINNING STRATEGIES, BY YEAR (2023-2023)
FIGURE 39. TOP WINNING STRATEGIES, BY DEVELOPMENT (2023-2023)
FIGURE 40. TOP WINNING STRATEGIES, BY COMPANY (2023-2023)
FIGURE 41. PRODUCT MAPPING OF TOP 10 PLAYERS
FIGURE 42. COMPETITIVE DASHBOARD
FIGURE 43. COMPETITIVE HEATMAP: USED COOKING OIL MARKET
FIGURE 44. TOP PLAYER POSITIONING, 2022

Executive Summary

According to the report, the used cooking oil market was valued at $6.4 billion in 2022, and is estimated to reach $10.7 billion by 2032, growing at a CAGR of 5.4% from 2023 to 2032.

Used cooking oil or waste cooking oil are edible vegetable oils that are produced from the repetitive use of vegetable oil for the purpose of food preparation to a point where it is no longer fit for that purpose. There are two main sources from where used cooking oil can be collected. This includes Commercial sectors such as restaurants, hotels, and caterers (HORECA) and household sectors. The rise in the adoption of low-carbon fuels fosters the demand for used cooking oil as feedstock in markets throughout North America, Europe, Asia-Pacific, and LAMEA.

Key factors driving the growth of the used cooking oil market include Increase in the use of UCO as raw material in Biodiesel, Wide Application of Used Cooking Oil (UCO), and Low cost of production as compared to vegetable oils. The cost of producing biodiesel obtained from vegetable oil such as soybean, rapeseed oil, and others, through the process of transesterification is high than fossil fuel. This is because of the high raw material cost. Used cooking oil which is considered a waste material does not compete with these edible vegetable oils in the market. Thus, used cooking oil is available at a low cost. Moreover, used cooking oil is easy to collect from households, restaurants, hotels, and others and is cheaper to produce in small quantities than refined oil. Hence, presently, Biodiesel manufacturers are increasingly adopting used cooking oil as a feedstock. Thereby, the low-cost advantage and prevention of environmental pollution of used cooking oil are the factors that increase its popularity among the manufacturers of biodiesel along with other manufacturers including oleo chemicals, animal feed, and others. This in turn drives the growth of the used cooking oil market.

The used cooking oil market is undergoing remarkable expansion, driven by several noteworthy industry trends and growth catalysts. Firstly, there is a burgeoning global focus on ecological sustainability, propelling the heightened interest in repurposing used cooking oil for the production of biodiesel. This eco-conscious approach is harmonious with endeavors to slash carbon emissions and counteract climate change, serving as a potent impetus for industry growth. Additionally, governmental regulations and incentives geared towards promoting the recycling of used cooking oil have wielded considerable influence over the market's trajectory. Numerous nations have implemented stringent guidelines pertaining to the disposal of cooking oil, prompting restaurants and foodservice establishments to actively engage in recycling initiatives. Government-backed subsidies and tax incentives further fortify the industry's growth prospects by spurring enterprises to transform used cooking oil into biodiesel.

Nevertheless, the industry grapples with certain impediments. A substantial challenge revolves around the efficient collection and logistics of used cooking oil. Ensuring the dependable procurement of high-quality used oil can pose logistical conundrums, particularly for smaller restaurants and foodservice providers. Furthermore, the competition for used cooking oil across various sectors, including animal feed and cosmetics, exerts an influence on its availability and pricing, introducing intricacies to the market.

The used cooking oil market has secured a major growth in North America for several compelling reasons. Firstly, there is a growing awareness and commitment to environmental sustainability in the region. North American consumers and businesses are increasingly inclined towards eco-friendly practices, which has led to a surge in the demand for recycling used cooking oil. This heightened environmental consciousness aligns with global efforts to reduce carbon emissions and mitigate climate change, making the recycling of cooking oil for biodiesel a preferred choice.

Secondly, government regulations and incentives have played a pivotal role in propelling the market forward. Many North American countries and states have implemented stringent regulations concerning the disposal of cooking oil, urging restaurants and foodservice establishments to participate in recycling programs. Moreover, government subsidies and tax incentives further incentivize businesses to convert used cooking oil into biodiesel, fostering market growth.

Additionally, the North American used cooking oil market benefits from a well-developed infrastructure for collection and processing. This efficient logistical system ensures a steady supply of high-quality used oil, making it more attractive for businesses to participate in recycling initiatives.

However, within this milieu of challenges, a plethora of entrepreneurial opportunities are burgeoning. Companies specializing in the collection, processing, and biodiesel production of used cooking oil find themselves positioned to tap into a lucrative market. Moreover, ongoing research and development initiatives in the realm of biodiesel production from used cooking oil persist in fostering innovative breakthroughs and cost-effective solutions. As the world fervently pursues a more sustainable future, the used cooking oil market stands poised to play a pivotal role in waste reduction, the promotion of eco-friendly practices, and the advancement of environmental preservation objectives.

The global used cooking oil market is segmented on the basis of source, application, and region. By source, it is classified into the household sector and the commercial sector. By application, it is divided into biodiesel, oleo chemicals, animal feed, and others. By region, it is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, the Netherlands, and the rest of Europe), Asia-Pacific (China, India, Australia, Japan, and the rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).

The major players operating in the market focus on key market strategies, such as mergers, product launches, acquisitions, collaborations, and partnerships. They have also been focusing on strengthening their market reach to maintain their goodwill in the ever-competitive market. Some of the key players in the used cooking oil market include Valley Proteins, Inc., Quatra, Baker Commodities Inc., Arrow Oils Ltd, Olleco, Waste Oil Recyclers, Grand Natural Inc., GREASECYCLE, Brocklesby Limited, and Oz Oils Pty Ltd.

Key Findings of the Study

By source, the commercial sector segment accounted for the highest used cooking oil market share in 2022, growing at a significant CAGR from 2023 to 2032.

By application, the biodiesel segment occupied the maximum share in the used cooking oil market analysis in 2022, growing at a significant CAGR from 2023 to 2032.

By region, Europe accounted for a major share in 2022 of the used cooking oil market and is expected to grow at a significant CAGR from 2023 to 2032.

Companies Mentioned

  • Valley Proteins, Inc.
  • Quatra
  • Baker Commodities Inc.
  • ARROW OILS LTD.
  • Olleco Limited
  • Waste Oil Recyclers, Inc.
  • Grand Natural Inc.
  • Greasecycle LLC
  • Brocklesby Limited.
  • Oz Oils Pty Ltd.

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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