The global Used Cooking Oil Market Comprehensive Study analyzes and forecasts the market size across 6 regions and 24 countries for diverse segments -By Application (Biodiesel, Oleo Chemicals, Animal Feed, Others)
The used cooking oil market is witnessing significant growth in 2024, driven by the increasing awareness of sustainability, environmental conservation, and the growing demand for biofuels and renewable energy sources. Used cooking oil, also known as waste cooking oil or recycled cooking oil, is a valuable resource that can be repurposed and recycled into biodiesel, animal feed, and other industrial products, reducing waste and greenhouse gas emissions. With the rising emphasis on circular economy principles and waste reduction strategies, used cooking oil recycling programs and initiatives are gaining traction among households, restaurants, and foodservice establishments, facilitating the collection, processing, and conversion of waste cooking oil into valuable resources. Moreover, the biofuel industry is leveraging used cooking oil as a feedstock for biodiesel production, offering a sustainable and low-carbon alternative to conventional fossil fuels. Additionally, the animal feed industry is incorporating used cooking oil into livestock feed formulations, providing a cost-effective and nutritious source of energy and fat for animals. As governments, businesses, and consumers prioritize sustainability and environmental stewardship, the used cooking oil market is poised for continued growth and innovation, with opportunities for waste valorization, resource recovery, and circular economy initiatives shaping the future of the global bioeconomy.
The market report analyses the leading companies in the industry including Arrow Oils Ltd, Baker Commodities Inc, BrocklesBy Ltd, Grand Natural Inc, GREASECYCLE, Olleco, Oz Oils Pty Ltd, Quatra, Valley Proteins Inc, Waste Oil Recyclers, and Others.
One prominent trend in the used cooking oil market is the increasing focus on sustainable waste management practices. With growing concerns about environmental pollution and waste disposal, there is a rising emphasis on recycling and repurposing used cooking oil. Used cooking oil, if not disposed of properly, can have detrimental effects on the environment, including clogging of sewer systems and pollution of water bodies. As a result, there is a growing interest in collecting, recycling, and converting used cooking oil into biodiesel, renewable energy, or other valuable products. This trend is driving the development of initiatives and regulations aimed at promoting the responsible disposal and recycling of used cooking oil to minimize its environmental impact.
A key driver in the used cooking oil market is the increasing demand for biofuels and renewable energy sources. Used cooking oil is a valuable feedstock for the production of biodiesel, a renewable fuel that can be used as a cleaner alternative to conventional diesel in transportation and industrial applications. With growing concerns about climate change, air pollution, and the depletion of fossil fuels, there is a push towards the adoption of sustainable energy sources and reducing dependence on non-renewable resources. The demand for biodiesel derived from used cooking oil is driven by government mandates, incentives, and environmental regulations promoting the use of biofuels to reduce greenhouse gas emissions and promote energy security.
An emerging opportunity in the used cooking oil market is the development of circular economy solutions. Used cooking oil, instead of being treated as waste, can be repurposed and reintegrated into the production cycle through recycling and upcycling initiatives. Manufacturers, municipalities, and waste management companies can collaborate to establish collection systems and recycling facilities to recover and process used cooking oil into biodiesel, animal feed, or other valuable products. Additionally, there's an opportunity to educate consumers and businesses about the importance of proper used cooking oil disposal and incentivize participation in recycling programs through incentives or rewards. By harnessing the potential of used cooking oil as a resource rather than a waste product, stakeholders can contribute to the transition towards a more sustainable and circular economy.
In the Used Cooking Oil Market segmented by applications, the Biodiesel category is the largest segment. This dominance is primarily due to the increasing global emphasis on sustainable energy sources and the growing demand for alternative fuels. Biodiesel, derived from used cooking oil through a process called transesterification, serves as a renewable and environmentally friendly substitute for traditional petroleum-based diesel fuel. With concerns over climate change and air pollution rising, governments and industries worldwide are incentivizing the use of biodiesel as a cleaner-burning fuel that reduces greenhouse gas emissions and dependence on fossil fuels. Additionally, the abundance of used cooking oil from various food establishments and households provides a readily available feedstock for biodiesel production, further driving the growth of this segment in the used cooking oil market. As a result, biodiesel applications dominate the market, with manufacturers and stakeholders focusing on expanding production capacities and promoting the adoption of biodiesel as a sustainable energy solution.
By Application
Biodiesel
Oleo Chemicals
Animal Feed
Others
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)
Arrow Oils Ltd
Baker Commodities Inc
BrocklesBy Ltd
Grand Natural Inc
GREASECYCLE
Olleco
Oz Oils Pty Ltd
Quatra
Valley Proteins Inc
Waste Oil Recyclers
*- List Not Exhaustive
Chapter 1. TABLE OF CONTENTS
Chapter 2. Introduction to Used Cooking Oil Market
2.1. Market Overview
2.2. Key Statistics and Report Highlights
2.3. Scope of the Comprehensive Study
2.3.1. Market Definition
2.3.2 Countries and Regions Covered
2.3.3 Research Objective
2.3.4 Units, Currency, and Conversions
2.3.5 Industry Value Chain
2.4. Key Market Segments
2.5. Key Companies
2.6. Study Period
Chapter 3. Strategic Analysis Review
3.1. Used Cooking Oil Pricing Analysis and Forecast
3.2. Porter’s Five Forces
3.3. Market Ecosystem
3.4. SWOT Analysis
3.5. Regulatory Scenario
3.3. Effects of Inflation, Russia-Ukraine War, moderating economic growth, and other macroeconomic factors
Chapter 4. Competitive Landscape
4.1. Market Share Analysis
4.1.1. Global Used Cooking Oil Market Share by Company, 2023
4.1.2. Product Offerings of Leading Used Cooking Oil Companies
4.2. Market Entropy
4.2.1. New Product Launches in the Industry
4.2.2. Mergers, Acquisitions, Joint ventures, and Partnerships
4.3. Key Strategies and Best Practices
Chapter 5. Global Market Projections: Best, Reference, and Low Case Scenarios
5.1. Growth Analysis- Case Scenario Definitions
5.2. Low Growth Case Scenario Forecasts
5.3. Reference Growth Case Scenario Forecasts
5.4. High Growth Case Scenario Forecasts
Chapter 6. Market Dynamics
6.1. Used Cooking Oil Market Drivers
6.2. Used Cooking Oil Market Challenges
6.6. Used Cooking Oil Market Opportunities
6.4. Used Cooking Oil Market Trends
Chapter 7. Global Used Cooking Oil Market Outlook Trends
7.1. Global Used Cooking Oil Revenue (USD Million) and CAGR (%) by Type (2021-2032)
7.2. Global Used Cooking Oil Revenue (USD Million) and CAGR (%) by Application (2021-2032)
7.3. Global Used Cooking Oil Revenue (USD Million) and CAGR (%) by Product (2021-2032)
By Application
Biodiesel
Oleo Chemicals
Animal Feed
Others
Chapter 8. Global Used Cooking Oil Regional Analysis and Outlook
8.1. Global Used Cooking Oil Revenue (USD Million) By Regions (2021- 2032)
8.2. North America Used Cooking Oil Revenue (USD Million) by Country (2021-2032)
8.2.1. United States Used Cooking Oil Regional Analysis and Outlook
8.2.2. Canada Used Cooking Oil Regional Analysis and Outlook
8.2.3. Mexico Used Cooking Oil Regional Analysis and Outlook
8.3. Europe Used Cooking Oil Revenue (USD Million), by Country (2021-2032)
8.3.1. Germany Used Cooking Oil Regional Analysis and Outlook
8.3.2. France Used Cooking Oil Regional Analysis and Outlook
8.3.3. United Kingdom Used Cooking Oil Regional Analysis and Outlook
8.3.4. Spain Used Cooking Oil Regional Analysis and Outlook
8.3.5. Italy Used Cooking Oil Regional Analysis and Outlook
8.3.6. Russia Used Cooking Oil Regional Analysis and Outlook
8.3.7. Rest of Europe Used Cooking Oil Regional Analysis and Outlook
8.4. Asia Pacific Used Cooking Oil Revenue (USD Million) by Country (2021-2032)
8.4.1. China Used Cooking Oil Regional Analysis and Outlook
8.4.2. Japan Used Cooking Oil Regional Analysis and Outlook
8.4.3. India Used Cooking Oil Regional Analysis and Outlook
8.4.4. South Korea Used Cooking Oil Regional Analysis and Outlook
8.4.5. Australia Used Cooking Oil Regional Analysis and Outlook
8.4.6. South East Asia Used Cooking Oil Regional Analysis and Outlook
8.4.7. Rest of Asia Pacific Used Cooking Oil Regional Analysis and Outlook
8.5. South America Used Cooking Oil Revenue (USD Million), by Country (2021-2032)
8.5.1. Brazil Used Cooking Oil Regional Analysis and Outlook
8.5.2. Argentina Used Cooking Oil Regional Analysis and Outlook
8.5.3. Rest of South America Used Cooking Oil Regional Analysis and Outlook
8.6. Middle East and Africa Used Cooking Oil Revenue (USD Million) by Country (2021-2032)
8.6.1. Middle East Used Cooking Oil Regional Analysis and Outlook
8.6.2. Africa Used Cooking Oil Regional Analysis and Outlook
Chapter 9. North America Used Cooking Oil Analysis and Outlook
9.1. North America Used Cooking Oil Revenue (USD Million) by Segments (2021-2032)
9.1.1. North America Used Cooking Oil Revenue (USD Million) by Type (2021-2032)
9.1.2. North America Used Cooking Oil Revenue (USD Million) by Application (2021-2032)
9.1.3. North America Used Cooking Oil Revenue (USD Million) by Product (2021-2032)
By Application
Biodiesel
Oleo Chemicals
Animal Feed
Others
Chapter 10. Europe Used Cooking Oil Analysis and Outlook
10.1. Europe Used Cooking Oil Revenue (USD Million), by Segments (USD Million) (2021-2032)
10.1.1. Europe Used Cooking Oil Revenue (USD Million) by Type (2021-2032)
10.1.2. Europe Used Cooking Oil Revenue (USD Million) by Application (2021-2032)
10.1.3. Europe Used Cooking Oil Revenue (USD Million) by Product (2021-2032)
By Application
Biodiesel
Oleo Chemicals
Animal Feed
Others
Chapter 11. Asia Pacific Used Cooking Oil Analysis and Outlook
11.1. Asia Pacific Used Cooking Oil Revenue (USD Million), and Revenue (USD Million) by Segments (2021-2032)
11.1.1. Asia Pacific Used Cooking Oil Revenue (USD Million) by Type (2021-2032)
11.1.2. Asia Pacific Used Cooking Oil Revenue (USD Million) by Application (2021-2032)
11.1.3. Asia Pacific Used Cooking Oil Revenue (USD Million) by Product (2021-2032)
By Application
Biodiesel
Oleo Chemicals
Animal Feed
Others
Chapter 12. South America Used Cooking Oil Analysis and Outlook
12.1. South America Used Cooking Oil Revenue (USD Million), by Segments (2021-2032)
12.1.1. South America Used Cooking Oil Revenue (USD Million) by Type (2021-2032)
12.1.2. South America Used Cooking Oil Revenue (USD Million) by Application (2021-2032)
12.1.3. South America Used Cooking Oil Revenue (USD Million) by Product (2021-2032)
By Application
Biodiesel
Oleo Chemicals
Animal Feed
Others
Chapter 13. Middle East and Africa Used Cooking Oil Analysis and Outlook
13.1. Middle East and Africa Used Cooking Oil Revenue (USD Million), by Segments (2021-2032)
13.1.1. Middle East and Africa Used Cooking Oil Revenue (USD Million) by Type (2021-2032)
13.1.2. Middle East and Africa Used Cooking Oil Revenue (USD Million) by Application (2021-2032)
13.1.3. Middle East and Africa Used Cooking Oil Revenue (USD Million) by Product (2021-2032)
By Application
Biodiesel
Oleo Chemicals
Animal Feed
Others
Chapter 14. Used Cooking Oil Company Profiles
14.1 Business Overview
14.2 Product Profiles
14.3 SWOT Profiles
14.5 Recent Developments
14.6 Financial Profile
List of Companies
Arrow Oils Ltd
Baker Commodities Inc
BrocklesBy Ltd
Grand Natural Inc
GREASECYCLE
Olleco
Oz Oils Pty Ltd
Quatra
Valley Proteins Inc
Waste Oil Recyclers
15. Methodology and Data Sources
15.1 Customization Offerings
15.2 Subscription Services
15.3 Related Reports
15.4 Publisher Expertise
LIST OF TABLES
Table 1 Market Segmentation Analysis
Table 2 Global Used Cooking Oil Market Share of Leading Companies, 2023
Table 3 Product Offerings of Leading Companies
Table 4 Low Growth Scenario Forecasts
Table 5 Reference Case Growth Scenario
Table 6 High Growth Case Scenario
Table 7 Global Used Cooking Oil Revenue (USD Million) And CAGR (%) By Type (2021-2032)
Table 8 Global Used Cooking Oil Revenue (USD Million) And CAGR (%) By Application (2021-2032)
Table 9 Global Used Cooking Oil Revenue (USD Million) And CAGR (%) By Product (2021-2032)
Table 10 Global Used Cooking Oil Market Revenue (USD Million) By Regions (2021-2032)
Table 11 Global Used Cooking Oil Market Share (%) By Regions (2021-2032)
Table 12 North America Used Cooking Oil Revenue (USD Million) By Country (2021-2032)
Table 13 Europe Used Cooking Oil Revenue (USD Million) By Country (2021-2032)
Table 14 Asia Pacific Used Cooking Oil Revenue (USD Million) By Country (2021-2032)
Table 15 South America Used Cooking Oil Revenue (USD Million) By Country (2021-2032)
Table 16 Middle East and Africa Used Cooking Oil Revenue (USD Million) By Region (2021-2032)
Table 17 North America Used Cooking Oil Revenue (USD Million) By Type (2021-2032)
Table 18 North America Used Cooking Oil Revenue (USD Million) By Application (2021-2032)
Table 19 North America Used Cooking Oil Revenue (USD Million) By Product (2021-2032)
Table 20 Europe Used Cooking Oil Revenue (USD Million) By Type (2021-2032)
Table 21 Europe Used Cooking Oil Revenue (USD Million) By Application (2021-2032)
Table 22 Europe Used Cooking Oil Revenue (USD Million) By Product (2021-2032)
Table 23 Asia Pacific Used Cooking Oil Revenue (USD Million) By Type (2021-2032)
Table 24 Asia Pacific Used Cooking Oil Revenue (USD Million) By Application (2021-2032)
Table 25 Asia Pacific Used Cooking Oil Revenue (USD Million) By Product (2021-2032)
Table 26 South America Used Cooking Oil Revenue (USD Million) By Type (2021-2032)
Table 27 South America Used Cooking Oil Revenue (USD Million) By Application (2021-2032)
Table 28 South America Used Cooking Oil Revenue (USD Million) By Product (2021-2032)
Table 29 Middle East and Africa Used Cooking Oil Revenue (USD Million) By Type (2021-2032)
Table 30 Middle East and Africa Used Cooking Oil Revenue (USD Million) By Application (2021-2032)
Table 31 Middle East and Africa Used Cooking Oil Revenue (USD Million) By Product (2021-2032)
LIST OF FIGURES
Figure 1. Market Scope
Figure 2. Pricing Forecasts Per Unit, 2023- 2032
Figure 3. Porter’s Five Forces
Figure 4. Global Used Cooking Oil Market Revenue (USD Million) By Regions (2021-2032)
Figure 5. Global Used Cooking Oil Market Share (%) By Regions (2023)
Figure 6. North America Used Cooking Oil Revenue (USD Million) By Country (2021-2032)
Figure 7. United States Used Cooking Oil Revenue (USD Million) By Country (2021-2032)
Figure 8. Canada Used Cooking Oil Revenue (USD Million) By Country (2021-2032)
Figure 9. Mexico Used Cooking Oil Revenue (USD Million) By Country (2021-2032)
Figure 10. Europe Used Cooking Oil Revenue (USD Million) By Country (2021-2032)
Figure 11. Germany Used Cooking Oil Revenue (USD Million) By Country (2021-2032)
Figure 12. France Used Cooking Oil Revenue (USD Million) By Country (2021-2032)
Figure 13. United Kingdom Used Cooking Oil Revenue (USD Million) By Country (2021-2032)
Figure 14. Spain Used Cooking Oil Revenue (USD Million) By Country (2021-2032)
Figure 15. Italy Used Cooking Oil Revenue (USD Million) By Country (2021-2032)
Figure 16. Russia Used Cooking Oil Revenue (USD Million) By Country (2021-2032)
Figure 17. Rest of Europe Used Cooking Oil Revenue (USD Million) By Country (2021-2032)
Figure 11. Asia Pacific Used Cooking Oil Revenue (USD Million) By Country (2021-2032)
Figure 12. China Used Cooking Oil Revenue (USD Million) By Country (2021-2032)
Figure 13. Japan Used Cooking Oil Revenue (USD Million) By Country (2021-2032)
Figure 14. India Used Cooking Oil Revenue (USD Million) By Country (2021-2032)
Figure 15. South Korea Used Cooking Oil Revenue (USD Million) By Country (2021-2032)
Figure 16. Australia Used Cooking Oil Revenue (USD Million) By Country (2021-2032)
Figure 17. South East Asia Used Cooking Oil Revenue (USD Million) By Country (2021-2032)
Figure 18. South America Used Cooking Oil Revenue (USD Million) By Country (2021-2032)
Figure 19. Brazil Used Cooking Oil Revenue (USD Million) By Country (2021-2032)
Figure 20. Argentina Used Cooking Oil Revenue (USD Million) By Country (2021-2032)
Figure 21. Rest of Asia Pacific Used Cooking Oil Revenue (USD Million) By Country (2021-2032)
Figure 22. Middle East and Africa Used Cooking Oil Revenue (USD Million) By Region (2021-2032)
Figure 23. Saudi Arabia Used Cooking Oil Revenue (USD Million) By Region (2021-2032)
Figure 24. The UAE Used Cooking Oil Revenue (USD Million) By Region (2021-2032)
Figure 25. Rest of Middle East Used Cooking Oil Revenue (USD Million) By Region (2021-2032)
Figure 26. South Africa Used Cooking Oil Revenue (USD Million) By Region (2021-2032)
Figure 27. Africa Used Cooking Oil Revenue (USD Million) By Region (2021-2032)
Figure 28. North America Used Cooking Oil Revenue (USD Million) By Type (2021-2032)
Figure 29. North America Used Cooking Oil Revenue (USD Million) By Application (2021-2032)
Figure 30. North America Used Cooking Oil Revenue (USD Million) By Product (2021-2032)
Figure 31. Europe Used Cooking Oil Revenue (USD Million) By Type (2021-2032)
Figure 32. Europe Used Cooking Oil Revenue (USD Million) By Application (2021-2032)
Figure 33. Europe Used Cooking Oil Revenue (USD Million) By Product (2021-2032)
Figure 34. Asia Pacific Used Cooking Oil Revenue (USD Million) By Type (2021-2032)
Figure 35. Asia Pacific Used Cooking Oil Revenue (USD Million) By Application (2021-2032)
Figure 36. Asia Pacific Used Cooking Oil Revenue (USD Million) By Product (2021-2032)
Figure 37. South America Used Cooking Oil Revenue (USD Million) By Type (2021-2032)
Figure 38. South America Used Cooking Oil Revenue (USD Million) By Application (2021-2032)
Figure 39. South America Used Cooking Oil Revenue (USD Million) By Product (2021-2032)
Figure 40. Middle East and Africa Used Cooking Oil Revenue (USD Million) By Type (2021-2032)
Figure 41. Middle East and Africa Used Cooking Oil Revenue (USD Million) By Application (2021-2032)
Figure 42. Middle East and Africa Used Cooking Oil Revenue (USD Million) By Product (2021-2032)
By Application
Biodiesel
Oleo Chemicals
Animal Feed
Others
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)
Global Used Cooking Oil Market Size is valued at $7.9 Billion in 2024 and is forecast to register a growth rate (CAGR) of 5.6% to reach $12.2 Billion by 2032.
Emerging Markets across Asia Pacific, Europe, and Americas present robust growth prospects.
Arrow Oils Ltd, Baker Commodities Inc, BrocklesBy Ltd, Grand Natural Inc, GREASECYCLE, Olleco, Oz Oils Pty Ltd, Quatra, Valley Proteins Inc, Waste Oil Recyclers
Base Year- 2023; Estimated Year- 2024; Historic Period- 2018-2023; Forecast period- 2024 to 2032; Currency: Revenue (USD); Volume