Philippines Used Cooking Oil Market

Philippines Used Cooking Oil Market Overview:

The Philippines used cooking oil market size reached USD 31.50 Million in 2024. The market is projected to reach USD 60.31 Million by 2033, exhibiting a growth rate (CAGR) of 6.71% during 2025-2033. With an increasing number of retail businesses moving into urban and semi-urban regions, the amount of waste oil produced is consistently growing. This expansion is facilitating the establishment of organized collection systems and collaborations with recycling firms. Besides this, rising adoption of biodiesel is fueling the Philippines used cooking oil market share.

Philippines Used Cooking Oil Market Trends:

Increasing adoption of biodiesel

Rising biodiesel usage is positively influencing the market in the Philippines. According to the USDA, in the Philippines, biodiesel utilization is projected to increase by 0.8% to 240 Million Liters in 2024. As the country is exploring alternatives to fossil fuels in response to rising fuel prices and environmental concerns, biodiesel is emerging as a practical and scalable solution. Used cooking oil is being recognized as a valuable raw material in biodiesel production due to its lower carbon footprint and compatibility with refining technologies. The growing demand for biodiesel is encouraging the collection, treatment, and reutilization of used cooking oil from households. Government initiatives aimed at promoting the adoption of renewable fuels in transportation are further supporting this trend by incentivizing the employment of waste-based inputs. As a result, businesses and local government agencies are developing more structured collection networks and partnerships with biodiesel producers to secure a stable supply of used cooking oil. This is also reducing improper disposal and health risks associated with illegal reuse. Rising demand for biodiesel is not only supporting national energy security and sustainability goals but also boosting investments in used cooking oil recycling infrastructure.

Expansion of food-related businesses

The expansion of food-related businesses is impelling the Philippines used cooking oil market growth. According to the CEIC, the data for accommodation and food service activities was reported at 163,447.115 Million PHP in December 2024. As the number of restaurants, fast food chains, street food vendors, catering services, and food processing units continues to broaden, so does the volume of waste oil generated during food preparation. These businesses rely heavily on frying and deep-frying methods, leading to regular disposal of used cooking oil. This growing supply is creating strong potential for organized collection and recycling efforts. Additionally, many food establishments are becoming more conscious about health and environmental regulations, encouraging proper disposal practices and participation in recycling programs. The increased generation of used cooking oil from these food-related businesses is supporting the needs of biodiesel producers and other recycling industries, while also promoting sustainable waste management.

Broadening of retail channels

The expansion of retail outlets in the Philippines is propelling the market growth. Many of these establishments operate in-store delis or collaborate with food vendors, resulting in frequent cooking oil usage and disposal. As more retail businesses are entering urban and semi-urban areas, the volume of used cooking oil generated across the country is steadily rising. This growth is supporting the development of structured collection systems and partnerships with recycling companies. Additionally, modern retail chains are becoming more environmentally conscious, promoting sustainable waste management practices, including the proper disposal of used cooking oil. As the retail sector continues to broaden, it is contributing to a reliable and increasing supply of used cooking oil, supporting the country’s biodiesel production and environmental sustainability goals. As per the IMARC Group, the Philippines retail sector market size is set to exhibit a growth rate (CAGR) of 7.7% during 2025-2033.

Philippines Used Cooking Oil Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional levels for 2025-2033. Our report has categorized the market based on source and application.

Source Insights:

• Food Processing Industry
• HoReCa
• Household
• Others

The report has provided a detailed breakup and analysis of the market based on the source. This includes food processing industry, HoReCa, household, and others.

Application Insights:

• Biodiesel
• Oleochemicals
• Animal Feed
• Others

A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes biodiesel, oleochemicals, animal feed, and others.

Regional Insights:

• Luzon
• Visayas
• Mindanao

The report has also provided a comprehensive analysis of all the major regional markets, which include Luzon, Visayas, and Mindanao.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Philippines Used Cooking Oil Market Report Coverage:

Key Questions Answered in This Report:

• How has the Philippines used cooking oil market performed so far and how will it perform in the coming years?
• What is the breakup of the Philippines used cooking oil market on the basis of source?
• What is the breakup of the Philippines used cooking oil market on the basis of application?
• What is the breakup of the Philippines used cooking oil market on the basis of region?
• What are the various stages in the value chain of the Philippines used cooking oil market? 
• What are the key driving factors and challenges in the Philippines used cooking oil market?
• What is the structure of the Philippines used cooking oil market and who are the key players?
• What is the degree of competition in the Philippines used cooking oil market? 

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Philippines used cooking oil market from 2019-2033.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the Philippines used cooking oil market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Philippines used cooking oil industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.