Used Cooking Oil Market size is expected to reach nearly US$ 10.71 Bn by 2029 with the CAGR of 6.1%during the forecast period.Used Cooking Oil Market Overview
Used cooking oil is oil that has already been used in the food industry, restaurants, hotels, and families. Used cooking oil is collected and purified for use in a variety of applications. It is derived as a non-hazardous substance from wastewater treatment plants. Utilized cooking oil is primarily used for a variety of purposes, including biofuels, animal feed, and others. Used cooking oils were originally considered a waste product, but after refining, the resulting product is now used in fuel and other industries. The most common application for used cooking oil is as a biofuel for electricity production and heating. Furthermore, it is used as a high-energy animal feed additive in the animal feed industry to generate a range of animal feeding items. The wide adaptability of used cooking oil has motivated many producers to make various sorts of products from the usage of used cooking oil.To know about the Research Methodology :- Request Free Sample Report
Used Cooking Oil Market Dynamics
The growth of the food manufacturing industry means the rising usage of used cooking oil for the diverse uses for several hotel and restaurant chains. Hotels and restaurants produce an excessive quantity of used kitchen oil as food items grow and are projected to boost the market in used kitchen oil. In addition, government activities on the renewable energy source involve the usage of biofuel which further enhances the usage of cooking oil utilized. The collection of used cooking oil and the refining procedure is an expensive arrangement for producers, which can impact used cooking oil production and retrain the used cooking oil market. Furthermore, excessive use of used cooking oil might result in hazardous health concerns, which may further impede the growth of used cooking oil throughout the forecast period. The growth of the used cooking oil market for biodiesel production is increasing The usage of used cooking oil as a feedstock for biodiesel manufacturing is increasing, which is driving the market for used cooking oil to grow. This is owing to the cheaper price of used cooking oil compared to vegetable oil, which encourages biodiesel producers to utilize it as the main feedstock. This, in turn, promotes market growth.Used Cooking Oil Market Segmentation Analysis
By Source, the commercial segment is expected to grow at the largest CAGR of nearly xx% during the forecast period. This is owing to an increase in the number of food and service industries, as well as hotels, throughout the globe, which results in providers collecting a big volume of used cooking oil in bulk. Simultaneously, the household sector is expected to grow at the quickest rate, with a CAGR of 5.4 percent through 2029. This is due to the logistical challenges of collecting tiny amounts of waste cooking oil from a large number of different houses. Moreover, several programs to collect waste cooking oil from various eateries contribute to the market's expansion. Zomato, a restaurant aggregator and meal delivery service, has taken measures to collect and convert waste cooking oil from restaurants throughout India into biodiesel. This promotes the growth of the market for used cooking oil. By Application, the biodiesel segment is expected to grow at the largest CAGR of nearly 7.82% in 2021, and it is predicted to maintain its dominance by the end of 2029. This is owing to the cheaper price of used cooking oil compared to vegetable oil, which encourages biodiesel producers to utilize it as the main feedstock. Also, the oleo chemical segment, on the other hand, is expected to grow at the fastest CAGR of 6.2 %. The oleo chemicals industry has benefited from a rise in environmental awareness and an emphasis on the use of sustainable and renewable raw materials in the chemical industry, which has stimulated the use of spent cooking oil in goods such as soap, candles, plastic materials, and others. This element has aided the segment's development.Used Cooking Oil Market Regional Analysis
In 2021, Europe held the largest market share. This is due to an increase in environmental consciousness and favorable government legislation for the development of second-generation fuels, such as biodiesel, which is made mostly from used cooking oil. In the United Kingdom, for example, used cooking oil accounts for 89 percent of the feedstock used to generate biodiesel for transportation (UCO). As a result, this aspect adds to the market's growth in Europe. North America, which has a considerable value share in the worldwide used cooking oil market, owing to the rising use of biofuel to meet the region's energy needs. However, due to population increase and increased awareness of used cooking oil, South and East Asia are forecasting the fastest growth in the global cooking oil market. Simultaneously, the Asia-Pacific area is expected to have the highest CAGR of 5.9% throughout the research period. The growth in electricity consumption in the Asia-Pacific area has prompted governments to place a greater emphasis on the generation of renewable energy, such as biodiesel. The objective of the report is to present a comprehensive analysis of the Global Used Cooking Oil Market to the stakeholders in the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Global Used Cooking Oil Market dynamics, structure by analyzing the market segments and project the Global Used Cooking Oil Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Used Cooking Oil Market make the report investor’s guide.Used Cooking Oil Market Scope: Inquire before buying
Global Used Cooking Oil Market Report Coverage Details Base Year: 2021 Forecast Period: 2022-2029 Historical Data: 2017 to 2021 Market Size in 2021: US $ 6.67 Bn. Forecast Period 2022 to 2029 CAGR: 6.1% Market Size in 2029: US $ 10.71 Bn. Segments Covered: by Source • Household Sector • Commercial Sector by Application • Biodiesel • Oleo Chemicals • Animal feed • Others Used Cooking Oil Market, by Region
• North America • Asia pacific • Europe • Middle East and Africa • South AmericaUsed Cooking Oil Market Key Players are:
• Valley Proteins, Inc • Proper Oils Company Ltd • Baker Commodities Inc • Arrow Oils Ltd • Olleco • Waste Oil Recyclers • Grand Natural Inc • GREASECYCLE • Brocklesby Limited • Oz Oils Pty Ltd • Argent Energy • Devon Waste Oils • Devonamic • Biomotive Fuel Ltd • Harvest Energy • Darling Ingredients Inc • Greenergy International LtdFrequently Asked Questions:
1. Which region has the largest share in Global Used Cooking Oil Market? Ans: Europe region held the highest share in 2021. 2. What is the growth rate of Global Used Cooking Oil Market? Ans: The Global Used Cooking Oil Market is expected to grow at a CAGR of 6.10% during forecast period 2022-2029. 3. What is scope of the Global Used Cooking Oil market report? Ans: Global Used Cooking Oil Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Used Cooking Oil market? Ans: The important key players in the Global Used Cooking Oil Market are – Valley Proteins, Inc, Proper Oils Company Ltd, Baker Commodities Inc, Arrow Oils Ltd, Olleco, Waste Oil Recyclers, Grand Natural Inc, GREASECYCLE, Brocklesby Limited, Oz Oils Pty Ltd, Argent Energy, Devon Waste Oils, Devonamic, Biomotive Fuel Ltd, Harvest Energy, Darling Ingredients Inc, and Greenergy International Ltd 5. What is the study period of this market? Ans: The Global Used Cooking Oil Market is studied from 2021 to 2029.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Used Cooking Oil Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2021 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Used Cooking Oil Market 3.4. Geographical Snapshot of the Used Cooking Oil Market, By Manufacturer share 4. Global Used Cooking Oil Market Overview, 2021-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Used Cooking Oil Market 5. Supply Side and Demand Side Indicators 6. Global Used Cooking Oil Market Analysis and Forecast, 2021-2029 6.1. Global Used Cooking Oil Market Size & Y-o-Y Growth Analysis. 7. Global Used Cooking Oil Market Analysis and Forecasts, 2021-2029 7.1. Market Size (Value) Estimates & Forecast By Source, 2021-2029 7.1.1. Household Sector 7.1.2. Commercial Sector 7.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 7.2.1. Biodiesel 7.2.2. Oleo Chemicals 7.2.3. Animal feed 7.2.4. Others 8. Global Used Cooking Oil Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2021-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Used Cooking Oil Market Analysis and Forecasts, 2021-2029 9.1. Market Size (Value) Estimates & Forecast By Source, 2021-2029 9.1.1. Household Sector 9.1.2. Commercial Sector 9.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 9.2.1. Biodiesel 9.2.2. Oleo Chemicals 9.2.3. Animal feed 9.2.4. Others 10. North America Used Cooking Oil Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2021-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Used Cooking Oil Market Analysis and Forecasts, 2021-2029 11.1. Market Size (Value) Estimates & Forecast By Source, 2021-2029 11.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 12. Canada Used Cooking Oil Market Analysis and Forecasts, 2021-2029 12.1. Market Size (Value) Estimates & Forecast By Source, 2021-2029 12.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 13. Mexico Used Cooking Oil Market Analysis and Forecasts, 2021-2029 13.1. Market Size (Value) Estimates & Forecast By Source, 2021-2029 13.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 14. Europe Used Cooking Oil Market Analysis and Forecasts, 2021-2029 14.1. Market Size (Value) Estimates & Forecast By Source, 2021-2029 14.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 15. Europe Used Cooking Oil Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2021-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Used Cooking Oil Market Analysis and Forecasts, 2021-2029 16.1. Market Size (Value) Estimates & Forecast By Source, 2021-2029 16.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 17. France Used Cooking Oil Market Analysis and Forecasts, 2021-2029 17.1. Market Size (Value) Estimates & Forecast By Source, 2021-2029 17.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 18. Germany Used Cooking Oil Market Analysis and Forecasts, 2021-2029 18.1. Market Size (Value) Estimates & Forecast By Source, 2021-2029 18.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 19. Italy Used Cooking Oil Market Analysis and Forecasts, 2021-2029 19.1. Market Size (Value) Estimates & Forecast By Source, 2021-2029 19.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 20. Spain Used Cooking Oil Market Analysis and Forecasts, 2021-2029 20.1. Market Size (Value) Estimates & Forecast By Source, 2021-2029 20.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 21. Sweden Used Cooking Oil Market Analysis and Forecasts, 2021-2029 21.1. Market Size (Value) Estimates & Forecast By Source, 2021-2029 21.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 22. CIS Countries Used Cooking Oil Market Analysis and Forecasts, 2021-2029 22.1. Market Size (Value) Estimates & Forecast By Source, 2021-2029 22.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 23. Rest of Europe Used Cooking Oil Market Analysis and Forecasts, 2021-2029 23.1. Market Size (Value) Estimates & Forecast By Source, 2021-2029 23.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 24. Asia Pacific Used Cooking Oil Market Analysis and Forecasts, 2021-2029 24.1. Market Size (Value) Estimates & Forecast By Source, 2021-2029 24.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 25. Asia Pacific Used Cooking Oil Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2021-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Used Cooking Oil Market Analysis and Forecasts, 2021-2029 26.1. Market Size (Value) Estimates & Forecast By Source, 2021-2029 26.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 27. India Used Cooking Oil Market Analysis and Forecasts, 2021-2029 27.1. Market Size (Value) Estimates & Forecast By Source, 2021-2029 27.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 28. Japan Used Cooking Oil Market Analysis and Forecasts, 2021-2029 28.1. Market Size (Value) Estimates & Forecast By Source, 2021-2029 28.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 29. South Korea Used Cooking Oil Market Analysis and Forecasts, 2021-2029 29.1. Market Size (Value) Estimates & Forecast By Source, 2021-2029 29.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 30. Australia Used Cooking Oil Market Analysis and Forecasts, 2021-2029 30.1. Market Size (Value) Estimates & Forecast By Source, 2021-2029 30.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 31. ASEAN Used Cooking Oil Market Analysis and Forecasts, 2021-2029 31.1. Market Size (Value) Estimates & Forecast By Source, 2021-2029 31.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 32. Rest of Asia Pacific Used Cooking Oil Market Analysis and Forecasts, 2021-2029 32.1. Market Size (Value) Estimates & Forecast By Source, 2021-2029 32.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 33. Middle East Africa Used Cooking Oil Market Analysis and Forecasts, 2021-2029 33.1. Market Size (Value) Estimates & Forecast By Source, 2021-2029 33.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 34. Middle East Africa Used Cooking Oil Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2021-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Used Cooking Oil Market Analysis and Forecasts, 2021-2029 35.1. Market Size (Value) Estimates & Forecast By Source, 2021-2029 35.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 36. GCC Countries Used Cooking Oil Market Analysis and Forecasts, 2021-2029 36.1. Market Size (Value) Estimates & Forecast By Source, 2021-2029 36.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 37. Egypt Used Cooking Oil Market Analysis and Forecasts, 2021-2029 37.1. Market Size (Value) Estimates & Forecast By Source, 2021-2029 37.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 38. Nigeria Used Cooking Oil Market Analysis and Forecasts, 2021-2029 38.1. Market Size (Value) Estimates & Forecast By Source, 2021-2029 38.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 39. Rest of ME&A Used Cooking Oil Market Analysis and Forecasts, 2021-2029 39.1. Market Size (Value) Estimates & Forecast By Source, 2021-2029 39.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 40. South America Used Cooking Oil Market Analysis and Forecasts, 2021-2029 40.1. Market Size (Value) Estimates & Forecast By Source, 2021-2029 40.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 41. South America Used Cooking Oil Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2021-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Used Cooking Oil Market Analysis and Forecasts, 2021-2029 42.1. Market Size (Value) Estimates & Forecast By Source, 2021-2029 42.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 43. Argentina Used Cooking Oil Market Analysis and Forecasts, 2021-2029 43.1. Market Size (Value) Estimates & Forecast By Source, 2021-2029 43.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 44. Rest of South America Used Cooking Oil Market Analysis and Forecasts, 2021-2029 44.1. Market Size (Value) Estimates & Forecast By Source, 2021-2029 44.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Used Cooking Oil Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Applications 45.2.3.2. M&A Key Players, Forward Integration and Backward Integration 45.3. Company Profile : Key Players 45.3.1. Olleco 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.4. Valley Proteins, Inc 45.5. Proper Oils Company Ltd 45.6. Baker Commodities Inc 45.7. Arrow Oils Ltd 45.8. Olleco 45.9. Waste Oil Recyclers 45.10. Grand Natural Inc 45.11. GREASECYCLE 45.12. Brocklesby Limited 45.13. Oz Oils Pty Ltd 45.14. Argent Energy 45.15. Devon Waste Oils 45.16. Devonamic 45.17. Biomotive Fuel Ltd 45.18. Harvest Energy 46. Primary Key Insights