Used Cooking Oil Market Poised for Growth, Expected to Reach USD 11.35 Billion by 2030

Used Cooking Oil Market was valued at USD 7.50 Bn in 2023 and is expected to reach USD 11.35 Bn by 2030, at a CAGR of 6.1 % during the forecast period.

Used Cooking Oil Market Overview:

The used cooking oil market is experiencing significant growth due to the rising demand for sustainable fuel alternatives and waste management solutions. Increasing awareness of the environmental impact of improper oil disposal has led to higher adoption of used cooking oil recycling. This recycled oil is widely utilized in biodiesel production, animal feed, and industrial applications. Government regulations promoting eco-friendly practices and the growing biofuel industry further contribute to the market's expansion.

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Used Cooking Oil Market Outlook and Future Trends :

The market for used cooking oil is expected to witness steady growth, driven by the rising emphasis on renewable energy sources. The increasing adoption of biodiesel as an alternative to fossil fuels presents lucrative opportunities for market players. Additionally, advancements in oil collection and filtration technologies are improving the quality of recycled oil, enhancing its usability across various industries. The future of the market will be shaped by innovations in processing techniques and collaborations between foodservice providers and recycling firms.

Key Recent Developments:

Recent developments in the used cooking oil market highlight strategic partnerships, technological advancements, and policy changes supporting sustainability. Several major companies are investing in refining infrastructure to improve oil conversion efficiency. Governments worldwide are implementing stricter waste disposal regulations, encouraging businesses to adopt structured oil collection systems. Additionally, growing interest from the aviation industry in sustainable aviation fuel (SAF) derived from used cooking oil is expected to create new growth avenues.

Used Cooking Oil Market Segmentation

by Source

Food Services
Household
Others

by Application

Biodiesel
Oleo Chemicals
Animal feed
Cosmetics
Others

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Some of the current players in the Used Cooking Oil Market are:

1. Darling Ingredients Inc. - Irving, Texas, USA
2. Valley Proteins Inc. - Winchester, Virginia, USA
3. Baker Commodities Inc. - Vernon, California, USA
4. Griffin Industries - Cold Spring, Kentucky, USA
5. Biomatrix Water - Victoria, British Columbia, Canada
6. Olleco - West Sussex, England, UK
7. Greenergy International Ltd. - London, England, UK
8. Argent Energy - Motherwell, Scotland, UK
9. UCO Corporation - Yokohama, Japan
10. Mahoney Environmental - Joliet, Illinois, USA
11. SeQuential - Eugene, Oregon, USA
12. General Biodiesel - Seattle, Washington, USA
13. Green Energy Biofuel - Winnsboro, South Carolina, USA
14. Dynamic Lifecycle Innovations - Onalaska, Wisconsin, USA
15. Blackgold Biofuels - Philadelphia, Pennsylvania, USA
16. MBP Solutions - Nottingham, England, UK
17. TerraVia Holdings, Inc. - South San Francisco, California, USA
18. Chemoil Corporation - San Francisco, California, USA
19. Argent Energy (UK) Ltd. - London, England, UK
20. REG Bio-Power - Albert Lea, Minnesota, USA
21. Bioenergy Solutions - Hartland, Wisconsin, USA
22. Harrowden Turf Ltd. - Northamptonshire, England, UK
23. Lake Erie Biofuels dba HERO BX - Erie, Pennsylvania, USA
24. Alternative Fuel Company - Bakersfield, California, USA

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