Product Code: GVR-4-68040-490-3
Used Cooking Oil Market Growth & Trends:
The global used cooking oil market is anticipated to reach USD 11.98 billion by 2030 and is expected to expand at a CAGR of 7.0% during the forecast period, according to a new report by Grand View Research, Inc. Growing awareness regarding the benefits associated with using waste cooking oil to produce various ingredients, renewable energy sources, and other products is primarily driving the market's growth.
Compared to virgin oils, the cost-effectiveness of cooking oil used in biofuel production promotes growing adoption. Many restaurants, cafes, and hotels operating in urbanized regions contribute to an uninterrupted supply of used cooking oil. Multiple companies and organizations have been working on the collection of used cooking oil from food service providers, which is expected to generate lucrative opportunities.
Increasing awareness regarding the benefits offered by renewable energy sources and the growing focus of industries on sustainability are anticipated to drive growth for this market. In recent years, multiple governments have also provided support through subsidiaries and various initiatives to promote the use of biofuel. These aspects are likely to fuel the growth of the used cooking oil market over the forecast period.
Used Cooking Oil Market Report Highlights:
- Biodiesel production dominated the application segment and accounting for nearly 50% of the used cooking oil market in 2024.
- Oleochemicals applications are anticipated to experience significant growth over forecast period.
- Food services held the largest revenue share of type segment in 2024.
- Growing collection initiatives in urban areas are expected to drive growth for household segment.
- Significant support from governments and inclination toward sustainable energy sources are projected to support market growth.
- North America dominated the used cooking oil market in 2024 owing to factors such as presence of multiple key companies in the region, and growing focus on collection of used cooking oil from food service providers.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segment Snapshot
- 2.3. Competitive Landscape Snapshot
Chapter 3. Used Cooking Oil Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent Market Outlook
- 3.1.2. Related Market Outlook
- 3.2. Industry Value Chain Analysis
- 3.3. Market Dynamics
- 3.3.1. Market Driver Analysis
- 3.3.2. Market Restraint Analysis
- 3.3.3. Industry Challenges
- 3.3.4. Industry Opportunities
- 3.4. Industry Analysis Tools
- 3.4.1. Porter's Five Forces Analysis
- 3.5. Market Entry Strategies
Chapter 4. Consumer Behavior Analysis
- 4.1. Demographic Analysis
- 4.2. Consumer Trends & Preferences
- 4.3. Factors Influencing Buying Decisions
- 4.4. Consumer Product Adoption Trends
- 4.5. Observations & Recommendations
Chapter 5. Used Cooking Oil Market: Application Estimates & Trend Analysis
- 5.1. Used Cooking Oil Market Application: Key Takeaways
- 5.2. Application Movement Analysis & Market Share, 2024 & 2030
- 5.3. Luxury Fabric Market Estimates & Forecast, By Application, 2018 to 2030 (USD Million)
- 5.3.1. Biodiesel Production
- 5.3.1.1. Market Estimates & Forecasts, 2018 to 2030 (USD Million)
- 5.3.2. Animal feed
- 5.3.2.1. Market Estimates & Forecasts, 2018 to 2030 (USD Million)
- 5.3.3. Oleochemicals
- 5.3.3.1. Market Estimates & Forecasts, 2018 to 2030 (USD Million)
- 5.3.4. Personal Care & Cosmetics
- 5.3.4.1. Market Estimates & Forecasts, 2018 to 2030 (USD Million)
- 5.3.5. Others
- 5.3.5.1. Market Estimates & Forecasts, 2018 to 2030 (USD Million)
Chapter 6. Used Cooking Oil Market: Source Estimates & Trend Analysis
- 6.1. Used Cooking Oil Market Source: Key Takeaways
- 6.2. Source Movement Analysis & Market Share, 2024 & 2030
- 6.3. Used Cooking Oil Market Estimates & Forecast, By Source, 2018 to 2030 (USD Million)
- 6.3.1. Food Service
- 6.3.1.1. Market Estimates & Forecasts, 2018 to 2030 (USD Million)
- 6.3.2. Household
- 6.3.2.1. Market Estimates & Forecasts, 2018 to 2030 (USD Million)
- 6.3.3. Others
- 6.3.3.1. Market Estimates & Forecasts, 2018 to 2030 (USD Million)
Chapter 7. Used Cooking Oil Market: Regional Estimates & Trend Analysis
- 7.1. Used Cooking Oil Market: Regional Outlook
- 7.2. Regional Marketplaces: Key Takeaways
- 7.3. Used Cooking Oil Market Estimates & Forecast, By Region, 2018 to 2030 (USD Million)
- 7.4. North America
- 7.4.1. North America used cooking oil market estimates & forecast, 2018 - 2030 (USD Million)
- 7.4.2. U.S.
- 7.4.2.1. Key country dynamics
- 7.4.2.2. U.S. used cooking oil market estimates & forecast, 2018 - 2030 (USD Million)
- 7.4.3. Canada
- 7.4.3.1. Key country dynamics
- 7.4.3.2. Canada used cooking oil market estimates & forecast, 2018 - 2030 (USD Million)
- 7.4.4. Mexico
- 7.4.4.1. Key country dynamics
- 7.4.4.2. Mexico used cooking oil market estimates & forecast, 2018 - 2030 (USD Million)
- 7.5. Europe
- 7.5.1. Europe used cooking oil market estimates & forecast, 2018 - 2030 (USD Million)
- 7.5.2. Germany
- 7.5.2.1. Key country dynamics
- 7.5.2.2. Germany used cooking oil market estimates & forecast, 2018 - 2030 (USD Million)
- 7.5.3. UK
- 7.5.3.1. Key country dynamics
- 7.5.3.2. UK used cooking oil market estimates & forecast, 2018 - 2030 (USD Million)
- 7.5.4. France
- 7.5.4.1. Key country dynamics
- 7.5.4.2. France used cooking oil market estimates & forecast, 2018 - 2030 (USD Million)
- 7.5.5. Italy
- 7.5.5.1. Key country dynamics
- 7.5.5.2. Italy used cooking oil market estimates & forecast, 2018 - 2030 (USD Million)
- 7.5.6. Spain
- 7.5.6.1. Key country dynamics
- 7.5.6.2. Spain used cooking oil market estimates & forecast, 2018 - 2030 (USD Million)
- 7.6. Asia Pacific
- 7.6.1. Asia Pacific used cooking oil market estimates & forecast, 2018 - 2030 (USD Million)
- 7.6.2. China
- 7.6.2.1. Key country dynamics
- 7.6.2.2. China used cooking oil market estimates & forecast, 2018 - 2030 (USD Million)
- 7.6.3. Japan
- 7.6.3.1. Key country dynamics
- 7.6.3.2. Japan used cooking oil market estimates & forecast, 2018 - 2030 (USD Million)
- 7.6.4. India
- 7.6.4.1. Key country dynamics
- 7.6.4.2. India used cooking oil market estimates & forecast, 2018 - 2030 (USD Million)
- 7.6.5. Australia & New Zealand
- 7.6.5.1. Key country dynamics
- 7.6.5.2. India used cooking oil market estimates & forecast, 2018 - 2030 (USD Million)
- 7.6.6. South Korea
- 7.6.6.1. Key country dynamics
- 7.6.6.2. India used cooking oil market estimates & forecast, 2018 - 2030 (USD Million)
- 7.7. Central & South America
- 7.7.1. Central & South America used cooking oil market estimates & forecast, 2018 - 2030 (USD Million)
- 7.7.2. Brazil
- 7.7.2.1. Key country dynamics
- 7.7.2.2. Brazil used cooking oil market estimates & forecast, 2018 - 2030 (USD Million)
- 7.8. Middle East & Africa
- 7.8.1. Middles East & Africa used cooking oil market estimates & forecast, 2018 - 2030 (USD Million)
- 7.8.2. South Africa
- 7.8.2.1. Key country dynamics
- 7.8.2.2. South Africa used cooking oil market estimates & forecast, 2018 - 2030 (USD Million)
Chapter 8. Luxury Fabric Market - Competitive Landscape
- 8.1. Recent Developments & Impact Analysis by Key Market Participants
- 8.2. Company Categorization
- 8.3. Company Market Share, 2024
- 8.4. Company Heat Map
- 8.5. Strategy Mapping
- 8.6. Company Profiles
- 8.6.1. Baker Commodities Inc.
- 8.6.1.1. Company Overview
- 8.6.1.2. Financial Performance
- 8.6.1.3. Product Benchmarking
- 8.6.1.4. Strategic Initiatives
- 8.6.2. Arrow Oils Ltd.
- 8.6.2.1. Company Overview
- 8.6.2.2. Financial Performance
- 8.6.2.3. Product Benchmarking
- 8.6.2.4. Strategic Initiatives
- 8.6.3. Olleco
- 8.6.3.1. Company Overview
- 8.6.3.2. Financial Performance
- 8.6.3.3. Product Benchmarking
- 8.6.3.4. Strategic Initiatives
- 8.6.4. Waste Oil Recyclers
- 8.6.4.1. Company Overview
- 8.6.4.2. Financial Performance
- 8.6.4.3. Product Benchmarking
- 8.6.4.4. Strategic Initiatives
- 8.6.5. GRAND NATURAL INC.
- 8.6.5.1. Company Overview
- 8.6.5.2. Financial Performance
- 8.6.5.3. Product Benchmarking
- 8.6.5.4. Strategic Initiatives
- 8.6.6. GREASECYCLE
- 8.6.6.1. Company Overview
- 8.6.6.2. Financial Performance
- 8.6.6.3. Product Benchmarking
- 8.6.6.4. Strategic Initiatives
- 8.6.7. Brocklesby
- 8.6.7.1. Company Overview
- 8.6.7.2. Financial Performance
- 8.6.7.3. Product Benchmarking
- 8.6.7.4. Strategic Initiatives
- 8.6.8. Oz Oils Pty. Ltd.
- 8.6.8.1. Company Overview
- 8.6.8.2. Financial Performance
- 8.6.8.3. Product Benchmarking
- 8.6.8.4. Strategic Initiatives
- 8.6.9. Darling Ingredients Inc.
- 8.6.9.1. Company Overview
- 8.6.9.2. Financial Performance
- 8.6.9.3. Product Benchmarking
- 8.6.9.4. Strategic Initiatives
- 8.6.10. Argent Energy
- 8.6.10.1. Company Overview
- 8.6.10.2. Financial Performance
- 8.6.10.3. Product Benchmarking
- 8.6.10.4. Strategic Initiatives
- 8.6.11. Greenergy
- 8.6.11.1. Company Overview
- 8.6.11.2. Financial Performance
- 8.6.11.3. Product Benchmarking
- 8.6.11.4. Strategic Initiatives
- 8.6.12. Mahoney Environmental
- 8.6.12.1. Company Overview
- 8.6.12.2. Financial Performance
- 8.6.12.3. Product Benchmarking
- 8.6.12.4. Strategic Initiatives
- 8.6.13. noovoleum
- 8.6.13.1. Company Overview
- 8.6.13.2. Financial Performance
- 8.6.13.3. Product Benchmarking
- 8.6.13.4. Strategic Initiatives