This report studies the demand and supply of UCO worldwide with a focus on biofuels. It presents an overview of UCO markets by applications, followed by an analysis of major geographical markets: North America, Europe, South America, Asia-Pacific, Africa, and the Middle East. Each regional evaluation includes market size estimates for UCO and a forecast for growth to 2028. The report concludes with a competitive landscape of the global UCO market and company profiles of the various players in the area.
Report Includes
- Overview of the global used cooking oil (UCO) market
- Analyses of the global market trends, with historical market revenue data (sales figures) for 2022, estimates for 2023, and projections of compound annual growth rates (CAGRs) through 2028
- Estimates of the market size, a revenue forecast for the global UCO market in USD millions, and corresponding market share analysis based on feedstock source and region
- In-depth information (facts and figures) pertaining to the major factors influencing the market’s growth, including upcoming technologies
- Discussion of the importance of ESG in UCO markets, including consumer attitudes, an assessment of risks and opportunities, impact of ESG factors on company performance and ESG practices followed,
- Updates on recent M&A activity, venture funding and other growth strategies from UCO-based biodiesel producing countries
- Profiles of the leading market players
Table of Contents
Executive Summary
The global UCO market is expected to grow in the forecasted period. The global UCO market will increase from $6.2 billion in 2023 to $10.7 billion through 2028, representing an 11.8% CAGR. North America accounted for 36.0% of all market revenue in 2022, followed by Asia Pacific at 28.0% and Europe at 26.0%. Based on the source of UCO, the food service industry constituted 95.0% of the market share in 2022.
Though UCO is a limited source of feedstock, its supply potential has yet to be attained. This is because the UCO industry supply chain lacks a proper collection network and awareness of UCO collector companies.
Companies Mentioned
- ARROW OILS
- BAKER COMMODITIES
- DARLING INGREDIENTS
- OLLECO
- RESTAURANT TECHNOLOGIES
- QUATRA
