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Used Cooking Oil Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global used cooking oil market size reached US$ 5.65 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 8.46 Billion by 2027, exhibiting a CAGR of 6.60% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

Used cooking oil (UCO), or waste vegetable oil, is produced by the repeated use of cooking oils in hotels, restaurants, food processing units and household sectors. It is the leftover cooking oil and is obtained from sunflower, corn, canola, olive, palm, rapeseed, soya oils and animal fats. It is also available in mixed compositions. Recycled and processed UCOs are widely used for the manufacturing of soaps, composts, oleochemicals, hydrogenated vegetable oils (HVO), industrial greases, biodiesels and animal feed. In comparison to the traditionally used materials, UCO is highly cost-effective, environment-friendly and readily available in bulk quantities for mass production of various products.

Used Cooking Oil Market Trends:

The increasing adoption of bio-based fuels across the globe is one of the key factors driving the market growth. The consumer preference is rapidly shifting from petroleum-based fuels toward biodiesel and green energy fuels with a lower carbon footprint due to rising environmental consciousness. Moreover, the widespread adoption of UCO in the manufacturing of animal feed is providing a thrust to the growth of the market. Significant growth in the food and beverage industry is also creating a positive outlook for the market. Cooking oils used in the preparation of fast food and other fried products are processed and further utilized as UCOs in industrial plants. Additionally, improvements in the processing and manufacturing technologies are acting as other growth-inducing factors. Product manufacturers are developing innovative ozone-treated oils with high calorific value and lower ignition points. UCO is also widely being used as a fermentation media component that acts as a carbon source in microorganisms for biodiesel production. Other factors, including the implementation of favorable government policies, along with extensive research and development (R&D) activities, are anticipated to drive the market toward growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global used cooking oil market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on source and application.

Breakup by Source:

  • Household Sector
  • Commercial Sector
     

Breakup by Application:

  • Biodiesel
  • Oleo Chemicals
  • Animal feed
  • Others
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being ABP Food Group, Arrow Oils Ltd, Baker Commodities Inc., Brocklesby Limited., Grand Natural Inc., Greasecycle LLC, MBP Solutions Ltd., Oz Oils Pty Ltd, Valley Proteins Inc. and Veolia Environment S.A.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Source, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered ABP Food Group, Arrow Oils Ltd, Baker Commodities Inc., Brocklesby Limited., Grand Natural Inc., Greasecycle LLC, MBP Solutions Ltd., Oz Oils Pty Ltd, Valley Proteins Inc. and Veolia Environment S.A.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global used cooking oil market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global used cooking oil market?
  • What are the key regional markets?
  • What is the breakup of the market based on the source?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global used cooking oil market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Used Cooking Oil Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Source
    6.1    Household Sector
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Commercial Sector
        6.2.1 Market Trends
        6.2.2 Market Forecast
7    Market Breakup by Application
    7.1    Biodiesel
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Oleo Chemicals
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Animal feed
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Others
        7.4.1 Market Trends
        7.4.2 Market Forecast
8    Market Breakup by Region
    8.1    North America
        8.1.1 United States
           8.1.1.1 Market Trends
           8.1.1.2 Market Forecast
        8.1.2 Canada
           8.1.2.1 Market Trends
           8.1.2.2 Market Forecast
    8.2    Asia-Pacific
        8.2.1 China
           8.2.1.1 Market Trends
           8.2.1.2 Market Forecast
        8.2.2 Japan
           8.2.2.1 Market Trends
           8.2.2.2 Market Forecast
        8.2.3 India
           8.2.3.1 Market Trends
           8.2.3.2 Market Forecast
        8.2.4 South Korea
           8.2.4.1 Market Trends
           8.2.4.2 Market Forecast
        8.2.5 Australia
           8.2.5.1 Market Trends
           8.2.5.2 Market Forecast
        8.2.6 Indonesia
           8.2.6.1 Market Trends
           8.2.6.2 Market Forecast
        8.2.7 Others
           8.2.7.1 Market Trends
           8.2.7.2 Market Forecast
    8.3    Europe
        8.3.1 Germany
           8.3.1.1 Market Trends
           8.3.1.2 Market Forecast
        8.3.2 France
           8.3.2.1 Market Trends
           8.3.2.2 Market Forecast
        8.3.3 United Kingdom
           8.3.3.1 Market Trends
           8.3.3.2 Market Forecast
        8.3.4 Italy
           8.3.4.1 Market Trends
           8.3.4.2 Market Forecast
        8.3.5 Spain
           8.3.5.1 Market Trends
           8.3.5.2 Market Forecast
        8.3.6 Russia
           8.3.6.1 Market Trends
           8.3.6.2 Market Forecast
        8.3.7 Others
           8.3.7.1 Market Trends
           8.3.7.2 Market Forecast
    8.4    Latin America
        8.4.1 Brazil
           8.4.1.1 Market Trends
           8.4.1.2 Market Forecast
        8.4.2 Mexico
           8.4.2.1 Market Trends
           8.4.2.2 Market Forecast
        8.4.3 Others
           8.4.3.1 Market Trends
           8.4.3.2 Market Forecast
    8.5    Middle East and Africa
        8.5.1 Market Trends
        8.5.2 Market Breakup by Country
        8.5.3 Market Forecast
9    SWOT Analysis
    9.1    Overview
    9.2    Strengths
    9.3    Weaknesses
    9.4    Opportunities
    9.5    Threats
10    Value Chain Analysis
11    Porters Five Forces Analysis

    11.1    Overview
    11.2    Bargaining Power of Buyers
    11.3    Bargaining Power of Suppliers
    11.4    Degree of Competition
    11.5    Threat of New Entrants
    11.6    Threat of Substitutes
12    Price Analysis
13    Competitive Landscape

    13.1    Market Structure
    13.2    Key Players
    13.3    Profiles of Key Players
        13.3.1    ABP Food Group
           13.3.1.1 Company Overview
           13.3.1.2 Product Portfolio
        13.3.2    Arrow Oils Ltd
           13.3.2.1 Company Overview
           13.3.2.2 Product Portfolio
        13.3.3    Baker Commodities Inc.
           13.3.3.1 Company Overview
           13.3.3.2 Product Portfolio
        13.3.4    Brocklesby Limited.
           13.3.4.1 Company Overview
           13.3.4.2 Product Portfolio
        13.3.5    Grand Natural Inc.
           13.3.5.1 Company Overview
           13.3.5.2 Product Portfolio
        13.3.6    Greasecycle LLC
           13.3.6.1 Company Overview
           13.3.6.2 Product Portfolio
        13.3.7    MBP Solutions Ltd.
           13.3.7.1 Company Overview
           13.3.7.2 Product Portfolio
        13.3.8    Oz Oils Pty Ltd
           13.3.8.1 Company Overview
           13.3.8.2 Product Portfolio
        13.3.9    Valley Proteins Inc.
           13.3.9.1 Company Overview
           13.3.9.2 Product Portfolio
        13.3.10    Veolia Environment S.A
           13.3.10.1 Company Overview
           13.3.10.2 Product Portfolio
           13.3.10.3 Financials

List of Figures

Figure 1: Global: Used Cooking Oil Market: Major Drivers and Challenges
Figure 2: Global: Used Cooking Oil Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Used Cooking Oil Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Used Cooking Oil Market: Breakup by Source (in %), 2021
Figure 5: Global: Used Cooking Oil Market: Breakup by Application (in %), 2021
Figure 6: Global: Used Cooking Oil Market: Breakup by Region (in %), 2021
Figure 7: Global: Used Cooking Oil (Household Sector) Market: Sales Value (in Million US$), 2016 & 2021
Figure 8: Global: Used Cooking Oil (Household Sector) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 9: Global: Used Cooking Oil (Commercial Sector) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Used Cooking Oil (Commercial Sector) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Used Cooking Oil (Biodiesel) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Used Cooking Oil (Biodiesel) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Used Cooking Oil (Oleo Chemicals) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Used Cooking Oil (Oleo Chemicals) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Used Cooking Oil (Animal feed) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Used Cooking Oil (Animal feed) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Used Cooking Oil (Others) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Used Cooking Oil (Others) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: North America: Used Cooking Oil Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: North America: Used Cooking Oil Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: United States: Used Cooking Oil Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: United States: Used Cooking Oil Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Canada: Used Cooking Oil Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Canada: Used Cooking Oil Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Asia-Pacific: Used Cooking Oil Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Asia-Pacific: Used Cooking Oil Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: China: Used Cooking Oil Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: China: Used Cooking Oil Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Japan: Used Cooking Oil Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Japan: Used Cooking Oil Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: India: Used Cooking Oil Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: India: Used Cooking Oil Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: South Korea: Used Cooking Oil Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: South Korea: Used Cooking Oil Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: Australia: Used Cooking Oil Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: Australia: Used Cooking Oil Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Indonesia: Used Cooking Oil Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Indonesia: Used Cooking Oil Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: Others: Used Cooking Oil Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: Others: Used Cooking Oil Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: Europe: Used Cooking Oil Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: Europe: Used Cooking Oil Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: Germany: Used Cooking Oil Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: Germany: Used Cooking Oil Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: France: Used Cooking Oil Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: France: Used Cooking Oil Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: United Kingdom: Used Cooking Oil Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: United Kingdom: Used Cooking Oil Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: Italy: Used Cooking Oil Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: Italy: Used Cooking Oil Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: Spain: Used Cooking Oil Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: Spain: Used Cooking Oil Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: Russia: Used Cooking Oil Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: Russia: Used Cooking Oil Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: Others: Used Cooking Oil Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: Others: Used Cooking Oil Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: Latin America: Used Cooking Oil Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: Latin America: Used Cooking Oil Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: Brazil: Used Cooking Oil Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: Brazil: Used Cooking Oil Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: Mexico: Used Cooking Oil Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: Mexico: Used Cooking Oil Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Others: Used Cooking Oil Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Others: Used Cooking Oil Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: Middle East and Africa: Used Cooking Oil Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Middle East and Africa: Used Cooking Oil Market: Breakup by Country (in %), 2021
Figure 67: Middle East and Africa: Used Cooking Oil Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Global: Used Cooking Oil Industry: SWOT Analysis
Figure 69: Global: Used Cooking Oil Industry: Value Chain Analysis
Figure 70: Global: Used Cooking Oil Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Used Cooking Oil Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Used Cooking Oil Market Forecast: Breakup by Source (in Million US$), 2022-2027
Table 3: Global: Used Cooking Oil Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 4: Global: Used Cooking Oil Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 5: Global: Used Cooking Oil Market: Competitive Structure
Table 6: Global: Used Cooking Oil Market: Key Players

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