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used cooking oil uco market

Used Cooking Oil (UCO) Market Share, Size, Trends, & Industry Analysis Report [By Source (Restaurants and Other Food Outlets, Household, Food Manufacturers, Caterers, Others) By Application (Biodiesel, Oleo Chemicals, Animal Feed, Others), By Regions]: Segment & Forecast, 2019 – 2026

  • Published Date: May 2019
  • Pages: 120
  • Format: PDF
  • Report ID: PM1626
  • Base Year: 2018
  • Historical Data: 2015-2017

Report Summary

The global used cooking oil (UCO) market size was estimated to be worth USD 584.1 million in 2018 and is expected to grow at a CAGR of 3.6 % from 2019 to 2026. Used cooking oil are oils and fats used for cooking or frying in restaurants, and in households. This oil is then collected, cleaned and transformed into renewable and environmentally-friendly fuel. Used cooking oil is converted into biodiesel, and used in diesel engines to power machines and vehicles, while minimizing pollution. It is also being increasingly used as high energy feed additive in various livestock feeding products.

Used cooking oil market is influenced by increasing demand for biofuels in power generation and heating. Factors such as growing urbanization, increasing population in developed countries, and rising industrialization heavily impacts the market growth. The growth in demand for renewable resources and increasing environmental awareness among consumers improves the UCO market growth.

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Segment Analysis

The global UCO market is segmented on the basis of source, application, and region. The source segment is further bifurcated into restaurants and other food outlets, household, food manufacturers, caterers, and others. The food manufacturers accounted for the highest market share in 2018, whereas the restaurant and other food outlets are expected to grow at the highest rate during the forecast period.

The application segment is categorized into biodiesel, oleo chemicals, animal feed, and others. The biodiesel segment accounted for the major share in the global used cooking oil industry in 2018 owing to increasing energy demands and rising environmental concerns.

Used Cooking Oil Market Report Scope

By Source

By Application

By Region

  • Restaurants and Other Food Outlets
  • Household
  • Food Manufacturers
  • Caterers
  • Others
  • Bio-diesel
  • Oleochemicals
  • Animal feed
  • Others
  • North America (U.S., Canada)
  • Europe (Germany, UK, France, Italy)
  • Asia Pacific (China, India, Japan)
  • Latin America (Mexico, Brazil)
  • Middle East & Africa

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The rising number of restaurants and growth in the food processing industry accelerates the use of used cooking oil. The health benefits associated with the consumption of used cooking oils and use as additive in animal feed has improved the developed of this market. Rising focus on improving animal health, increasing awareness regarding clean energy applications, and growing demand from emerging economies are expected to provide growth opportunities in this market during the forecast period.

Regional Analysis

This report comprises a detailed geographic analysis of the market across North America, Europe, Asia-Pacific, Latin America, and MEA. North America is further segmented into U.S., Canada, and Mexico. Europe is divided into Germany, UK, Italy, France, and Rest of Europe. Asia-Pacific is bifurcated into China, India, Japan, and Rest of Asia-Pacific. Europe is the major region contributing to the UCO market growth due to increasing environmental concerns, and supportive regulations. Moreover, increasing demand for biodiesel, and growing awareness regarding animal health have accelerated the growth of the market in this region.

Competitive Landscape

The leading players in this industry include Greenergy International Ltd, Baker Commodities Inc., Darling Ingredients, Proper Oils, Uptown Biodiesel Limited, Argent Energy, Devon Biofuels, Brocklesby Ltd, Biomotive Fuel Ltd., and Lywood Consulting. These leading players are introducing innovative products in the used cooking oil market to cater to the growing demand for consumers. Global players are entering new markets in developing regions to expand their customer base, strengthen market presence, and increase their market share in the used cooking oil industry.

Key Take-Away
Polaris Market Research
Used Cooking Oil Market Size & Research - UCO Industry Report, 2026