Market Research Industry Today
Used Cooking Oil Market Size to Surpass USD 11.6 Billion by 2033 | Exhibiting CAGR of 5.7%
Market Overview:
The used cooking oil market is experiencing rapid growth, driven by growing Increased biodiesel production, Increasing food industry waste, and Sustainability and Circular Economy. According to IMARC Group's latest research publication, "Used Cooking Oil Market Size, Share, Trends and Forecast by Source, Application, and Region 2025-2033", The global used cooking oil market size was valued at USD 7.0 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 11.6 Billion by 2033, exhibiting a CAGR of 5.7% during 2025-2033.
This detailed analysis primarily encompasses industry size, business trends, market share, key growth factors, and regional forecasts. The report offers a comprehensive overview and integrates research findings, market assessments, and data from different sources. It also includes pivotal market dynamics like drivers and challenges, while also highlighting growth opportunities, financial insights, technological improvements, emerging trends, and innovations. Besides this, the report provides regional market evaluation, along with a competitive landscape analysis.
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Our Report Includes:
- Market Dynamics
- Market Trends And Market Outlook
- Competitive Analysis
- Industry Segmentation
- Strategic Recommendations
Growth Factors in the Used Cooking Oil Industry:
- Increased Biodiesel Production
Countries around the world are trying to lower carbon emissions and use cleaner fuels. This has led to a rise in demand for used cooking oil (UCO), which is now being used to make biodiesel. UCO is cheaper and better for the environment compared to fresh vegetable oils. Governments in places like Europe, the U.S., and Asia are offering tax benefits and setting rules that require a mix of biodiesel with regular fuel. Policies like RED II in Europe and California’s LCFS are helping boost the collection and use of UCO, making it a key part of green energy efforts.
- Increasing Food Industry Waste
As the foodservice industry grows, more used cooking oil is being produced in restaurants, hotels, and food factories. This waste needs to be handled properly to avoid environmental damage like clogged drains and water pollution. That’s why many food businesses are teaming up with certified UCO collectors and recyclers. Governments are also enforcing stricter waste rules. To help with proper disposal, cities are setting up organized collection systems and using digital tracking tools to monitor the flow of UCO. Now, recycling UCO is not just good for the environment—it also protects a company’s reputation.
- Sustainability and Circular Economy
Used cooking oil is a great example of turning waste into something useful, which is the main idea behind the circular economy. Many companies are including UCO recycling in their environmental goals, using it instead of new raw materials in products like soap, pet food, and cleaning items. This switch helps reduce waste and gives companies an eco-friendly image. New technologies are also making it easier to clean and refine UCO so it can be used in more industries. As more consumers care about sustainability, UCO is becoming a popular choice for making greener products.
Key Trends in the Used Cooking Oil Market:
- Digitalization of Collection and Traceability
Technology is improving how used cooking oil is collected and tracked. Tools like smart bins, GPS-based routes, and blockchain systems help keep an eye on how much oil is collected and make sure it’s not being misused. These systems make the whole process more transparent, efficient, and trusted by both regulators and users.
- Growing Cross-Industry Demand
Used cooking oil isn’t just for biodiesel anymore. It’s now being used in many other industries. For example, it helps make oleochemicals used in soaps and skincare products, and it’s added to animal feed for extra energy. Because it has many uses, the market for UCO is stronger and not dependent on just one sector.
- Government Support and Regulatory Incentives
Governments are encouraging businesses to recycle used cooking oil by offering rewards and setting rules. There are benefits for making biodiesel from UCO and penalties for throwing it away carelessly. Rules around food waste and recycling are pushing companies to set up better systems to collect and reuse UCO. This support is helping the industry grow quickly.
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Leading Companies Operating in the Global Used Cooking Oil Industry:
- 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.
- Veolia Environment S.A.
Used Cooking Oil Market Report Segmentation:
Breakup By Source:
- Household Sector
- Commercial Sector
Commercial Sector represents the largest segment as the commercial sector, including restaurants and food processing companies, generates substantial volumes of used cooking oil due to high-frequency frying and cooking.
Breakup By Application:
- Biodiesel
- Oleo Chemicals
- Animal Feed
- Others
Biodiesel accounts for the majority of the market share because it provides a sustainable and cost-effective alternative to fossil fuels, driving significant demand for UCO as a feedstock.
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
Europe enjoys the leading position in the used cooking oil market owing to stringent regulations promoting renewable energy, a strong biodiesel industry, and widespread consumer awareness of sustainability practices.
Research Methodology:
The report employs a comprehensive research methodology, combining primary and secondary data sources to validate findings. It includes market assessments, surveys, expert opinions, and data triangulation techniques to ensure accuracy and reliability.
Note: If you require specific details, data, or insights that are not currently included in the scope of this report, we are happy to accommodate your request. As part of our customization service, we will gather and provide the additional information you need, tailored to your specific requirements. Please let us know your exact needs, and we will ensure the report is updated accordingly to meet your expectations.
About Us:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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