used cooking oil market Demand, Growth, Price, Global Industry Analysis 2023-2028

 



IMARC Group, a leading market research company, has recently releases report titled, "Used Cooking Oil Market: Global Size, Share, Growth, Industry Trends, Opportunity and Forecast 2023-2028", the global used cooking oil market size reached US$ 6.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 8.9 Billion by 2028, exhibiting a growth rate (CAGR) of 6.3% during 2023-2028.

What is Used cooking oil?

Used cooking oil (UCO) refers to waste vegetable or residual oils produced from hotels, restaurants, cafés (HoReCa), food processing sectors, and households. This leftover cooking oil is primarily acquired from olive, corn, canola, soy oils, palm, sunflower, and animal fats. It is environment-friendly, cost-effective, and can be recycled and processed in bulk quantities. As a result, UCO finds extensive applications in biodiesel production, oleochemicals, soaps, hydrogenated vegetable oils (HVO), industrial greases, animal feed, paint remover, shampoo, and moisturizers.

Request a Free PDF Sample for more detailed market insights: https://www.imarcgroup.com/used-cooking-oil-market/requestsample

What are the growth prospects and trends in the used cooking oil industry?

The market is primarily driven by the increasing adoption of bio-based fuels owing to the rising consumer awareness concerning green energy and carbon emissions. Additionally, the rising utilization of UCO in manufacturing animal feeds is contributing to market growth. Moreover, with significant developments in processing and manufacturing technologies, key players are developing innovative ozone-treated oil with high calorific worth and lower ignition points.

This, coupled with the increasing usage of UCO as a fermentation media component, which acts as a carbon source in microorganisms for biodiesel production, is providing a positive thrust to market growth. Other factors, including the growing awareness about food wastage among individuals, the increasing government efforts to reduce oil wastage, and escalating fuel demand, are creating a positive market outlook across the globe.

Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/used-cooking-oil-market

Who are the key players operating in the industry?

  • ABP Food Group,
  • Arrow Oils Ltd,
  • MBP Solutions Ltd., 
  • OZ OILS Pty. Ltd., 
  • Baker Commodities Inc., 
  • Brocklesby Ltd, 
  • Grand Natural Inc., 
  • Greasecycle, LLC, 
  • Valley Proteins, Inc.
  • Veolia Environment S.A.

The report has segmented the market on the basis of source, application and region.

Breakup by Source:

  • Household Sector
  • Commercial Sector

Breakup by Application:

  • Biodiesel
  • Oleo Chemicals
  • Animal feed
  • Others

Breakup by Region:

  • North America: (United States, Canada)
  • Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America: (Brazil, Mexico, Others)
  • Middle East and Africa

Key highlights of the report:

  • Market Performance (2017-2022)
  • Market Outlook (2023-2028)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

USA: +1-631-791-1145 | Asia: +91-120-433-0800

Email: sales@imarcgroup.com

Follow us on Twitter: @imarcglobal

LinkedIn: https://www.linkedin.com/company/imarc-group/mycompany/

Comments

Post a Comment

Popular posts from this blog

RFID Locks Market Size, Share, Demand, Forecast 2023-2028

Image
  How Big is The RFID Locks Market? IMARC Group, a leading market research company, has recently releases report titled “ RFID Locks Market : Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028 ” The study provides a detailed analysis of the industry, including the global market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market. The global RFID locks market size reached US$ 3.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 8.4 Billion by 2028, exhibiting a growth rate (CAGR) of 14.2% during 2023-2028. What are RFID Locks? One-off chopsticks represent an equally leveled pair of sticks that are held in one hand between thumb and fingers as traditional kitchen cutlery to eat several dishes. They are manufactured by using various hues and materials, including bamboo, aspens, wood, etc. One-off chopsticks help in improving memory
Read more

In-vehicle AI Robot Market Size, Top Companies, Demand and Forecast to 2022-27

Image
  The latest research study " In-vehicle AI Robot Market : Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027 " by IMARC Group, finds that the global in-vehicle AI robot market is expected to exhibit a CAGR of 17.55% during 2022-2027. In-vehicle AI robot represents an advanced technology that allows an automobile to operate independently without human intervention. It can perform required functions by sensing and responding to external surroundings and conditions through superior and in-built programs. In-vehicle AI robots mainly consist of complex algorithm processors, high-end sensor mechanisms, advanced driver assistance systems (ADAS), intelligent control techniques, and actuators to gather information and execute tasks and responsive actions, such as steering, braking, and acceleration. As a result, this technology finds extensive utilization in premium, luxury, and compact passenger cars, buses, and coaches across the globe.  Request a Free
Read more

Security Market Share, Outlook, Growth, Analysis 2023-2028

Image
 IMARC Group, a leading market research company, has recently releases report titled “ Security Market : Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028. ” The global security market size reached US$ 124.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 217.2 Billion by 2028, exhibiting a growth rate (CAGR) of 9.2% during 2023-2028. What is Security Market? Security refers to the state of being protected from potential harm, danger, or threats. It encompasses measures, practices, and systems that are put in place to safeguard individuals, organizations, or assets from various risks, including physical security , digital, financial, or personal threats. Security can be applied to different domains, such as personal security, national security, information security, cybersecurity, or physical security. Each domain focuses on different aspects of protection, but the underlying goal is to prevent or mitigate potential risks and
Read more