Saudi Arabia Used Cooking Oil Market is Anticipated to Reach USD 17.35 Million at a Robust CAGR of 4.03% Between 2023 to 2030 | Infinium Global Research

Study on Saudi Arabia Used Cooking Oil Market by Infinium Global Research is comprehensive presentation of qualitative and quantitative research to identify key trends, growth prospects, drivers, restraints and opportunities in the Saudi Arabia market. The report also deep dives into the sub-segments of used cooking oil market by segments through main geographies in the Saudi Arabia market. Browse through over 100 tables and figures to get complete view of the regional markets of used cooking oil over the period of 2023 to 2030. The Saudi Arabia used cooking oil market was valued at USD 12.74 Million in 2022 and is expected to reach USD 17.35 Million by 2030 and grow at a CAGR of 4.03% over the forecast period.

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Used Cooking Oil: An Eco-Friendly Feedstock

Researchers have established that used cooking oil holds tremendous potential as a feedstock for biodiesel, surpassing the promise of other natural oils. One of the key advantages lies in its cost-effectiveness, with the acquisition cost of used cooking oil being 2.5 to 3.5 times lower than edible vegetable oils. Moreover, the production of biodiesel from used cooking oil significantly mitigates the environmental burden caused by its improper disposal.

According to a study published in the journal Renewable and Sustainable Energy Reviews, a significant portion of Saudi Arabia's municipal solid waste is comprised of used cooking oil originating from households and restaurants. This waste stream accounts for over 50% of the total collected municipal solid waste in the country, with an estimated 13% of this waste consisting of fats in the form of edible fats and used cooking oil.

The expansion of biofuel companies setting up production facilities in Saudi Arabia, such as IncBio and Jazan Energy and Development Co., is further driving the demand for used cooking oil in biodiesel production.

Used Cooking Oil as Animal Feed

Used cooking oil has long been utilized in animal feed production. The processed oil contributes essential fats, enhances the energetic value of animal feed, and provides necessary fatty acids and liposoluble vitamins. Saudi Arabia's substantial livestock industry, with over 567,000 live cattle and 9.4 million live sheep in 2019, relies on a consistent supply of feed to support proper growth and yield.

The Challenge of Awareness

Despite its multiple applications, a lack of awareness regarding the potential uses of used cooking oil remains a challenge. This lack of awareness may hinder market growth as consumers may continue to dispose of used cooking oil improperly.

Research and Innovations Fuel Market Growth

Researchers and organizations in Saudi Arabia are increasingly focusing on the diverse applications of used cooking oil. Studies conducted by institutions such as King Abdulaziz University and collaborations with international organizations like the University of Leeds and Universiti Putra Malaysia have explored biodiesel production from waste sources available in Saudi Arabia. These efforts have demonstrated the country's potential to produce significant quantities of biodiesel.

Furthermore, forward-thinking companies like SABIC are exploring innovative applications for used cooking oil. SABIC plans to use used cooking oil and waste fat as feedstock for low-density and linear polyethylene plastics, contributing to sustainability efforts in food packaging and flexible plastic products.

The Saudi Arabia used cooking oil market is on the cusp of significant growth, driven by its potential as a sustainable feedstock for biodiesel and animal feed. As awareness grows and research continues, the market is poised for further expansion and sustainability in the coming years.

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Table of Content

Chapter 1 Introduction

1.1 Report Description

1.1.1 Segmentation and Research Scope

1.1.2 Definition, Abbreviations, and Assumptions

1.2 Research Methodology

1.2.1 Methodology

1.2.2 Research Methodology: An Outline

1.3 Research Approaches

Chapter 2 Executive Summary

2.1 Saudi Arabia Used Cooking Oil Market Projection

Chapter 3 Market Overview & Competitiveness

3.1 DRO Analysis

3.1.1 Drivers

3.1.1.1 Utilization of used cooking oil for biodiesel is driving the growth of the market

3.1.1.2 Increasing the use of used cooking oil in animal feed is likely to support the market growth

3.1.2 Restraints

3.1.2.1 Lack of awareness regarding the applications of used cooking oil is expected to hamper the market growth

3.1.3 Opportunities

3.1.3.1 Growing research on used cooking oil and its applications is anticipated to boost the market growth over the forecast period

3.2 Impact of the COVID 19 pandemic on Saudi Arabia Used Cooking Oil Market

3.3 Porter's Diamond Model for Saudi ArabiaUsed Cooking Oil Market

3.4 PEST Analysis for Saudi Arabia Used Cooking Oil Market

3.5 IGR- Growth Matrix Analysis

Chapter 4 Saudi Arabia Used Cooking Oil Market by Source

4.1 Overview

4.2 Food Manufacturers

4.3 Restaurants and Caterers

4.4 Household

Chapter 5 Saudi Arabia Used Cooking Oil Market by Application

5.1 Overview

5.2 Biodiesel Production

5.3 Animal Feeding

5.4 Oleo Chemicals

5.5 Other Applications

Chapter 6 Company Profiles and Competitive Landscape

6.1 Competitive landscape

6.2 Company Profiles

6.2.1 Hajer Int. Factory for IndustrialOil

6.2.1.1 Overview

6.2.1.2 Company Snapshot

6.2.1.3 Product Portfolio

6.2.2 Mawarid Makkah Trading Establishment

6.2.2.1 Overview

6.2.2.2 Company Snapshot

6.2.2.3 Product Portfolio

6.2.3 SUSTAINABLE DEVELOPMENT TRADING COMPANY

6.2.3.1 Overview

6.2.3.2 Company Snapshot

6.2.3.3 Product Portfolio

6.2.4 Walkerson Group.

6.2.4.1 Overview

6.2.4.2 Company Snapshot

6.2.4.3 Product Portfolio

6.2.5 Fozi Est.

6.2.5.1 Overview

6.2.5.2 Company Snapshot

6.2.5.3 Product Portfolio

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Reasons to Buy this Report:

=> Comprehensive analysis of regional markets of Saudi Arabia Used Cooking Oil.

=> Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2030.

=> Comprehensive analysis of the companies operating in this market. The company profile includes an analysis of the product portfolio, revenue, SWOT analysis, and the latest developments of the company.

=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus on to invest, consolidate, expand, and/or diversify.

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