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Used Cooking Oil (UCO) Market In-Depth Analysis, Growth Strategies and Comprehensive Forecast to 2026

06-18-2019 11:54 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Allied Market Research

Used Cooking Oil (UCO) Market

Used Cooking Oil (UCO) Market

Used cooking oils (UCOs) are oils and fats that have been already used for cooking or frying edible products in the food processing industry, restaurants, fast foods joints, and households. UCO obtained from waste water treatment plants is a nonhazardous material. It is estimated that currently around 90% of cooking oils and fat used are produced from vegetable oils.

The global used cooking oil market has witnessed significant growth over the past few years. The market is driven by increasing demand for used cooking oils in emerging nations such as India, Indonesia, and Argentina. Moreover, the health benefits associated with the consumption of used cooking oils supplement the market growth.

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Moreover, surge in the number of restaurants, fast food joints, and quick service restaurants supplement the market growth. However, high costs of printing equipment, and raw materials are expected to hamper the market growth. Moreover, detrimental health effects caused due to excessive consumption of used cooking oils are major factors hampering its adoption worldwide.

Top Key Players:
• Argent Energy
• Baker Commodities
• Biomotive Fuel Ltd.
• Brocklesby Ltd.
• Darling Ingredients
• Devon Biofuels
• Greenergy
• Harvest Energy
• Lywood Consulting
• Nidera

The global used cooking oil market is segmented based on application, end-user industry, and geography. Based on application, the market is divided into biodiesel, animal feed, oleo-chemicals, and others. Based on end-user industry, the market is divided into food manufacturers, hoteliers, restaurants & caterers, households, and others. Based on geography, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key Benefits
• This report provides a quantitative analysis of the current trends, estimations, and dynamics from 2016 to 2023 to identify the prevailing opportunities in the industry.
• The major countries in each region have been mapped based on their individual revenue contribution to the global market.
• This study evaluates the competitive landscape and Porters five forces analysis to understand the competitive environment across geographies.
• An in-depth analysis of each segment of the global used cooking oil market is provided to understand the regional trends across various regions.

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Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.

Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.

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