세계에서 폐식용유 시장 규모는 2023년 66억 달러에 달했습니다. 향후 IMARC Group은 시장이 2032년까지 112억 달러에 이르고, 2024-2032년 사이에 6%의 성장률(CAGR)을 나타낼 것으로 예측했습니다. 산업용 그리스의 생산에 있어서의 제품 사용 증가, UCO의 리사이클 방법을 강화하기 위한 연구에의 다액의 투자, 식량 안보에 대한 요구의 고조, 리사이클 시설이나 회수 시스템 시장 개척 등이, 시장을 추진해 하는 요인의 일부입니다.
폐식용유(UCO)는 호텔, 레스토랑, 가정 주방, 식품 가공 유닛 등 다양한 환경에서 식용유를 반복적으로 사용함으로써 발생합니다. 이 잔류물은 해바라기, 옥수수, 카놀라, 올리브, 팜, 유채, 대두유, 동물성 유지 등 다양한 공급원에서 유래합니다. 또한 이러한 원료가 혼합되어 있을 수 있습니다. 재활용되고 정제된 UCO는 비누, 퇴비, 유지화학제품, 수소첨가식물성 기름(HVO), 산업용 그리스, 바이오디젤, 사료 등의 제조에 중요한 역할을 하는 등 다방면에 응용이 가능합니다. 기존의 원료와 비교하여 UCO를 채택하는 것은 현저한 장점이 있습니다. UCO의 사용은 비용 효율적이고 많은 산업에 경제적인 선택이 되고 있습니다. 또한 UCO의 채용은 폐기물을 재사용하고 폐기 우려를 최소화함으로써 환경의 지속가능성에 기여합니다. 또한 대량 생산이 가능하므로 다양한 부문의 대량 생산 요구에 부응할 수 있습니다.
세계 시장의 주요 원동력은 지속 가능한 실천으로의 변화 증가입니다. 이에 따라 UCO 재활용은 폐기물을 다양한 산업의 귀중한 자원으로 전환하여 순환 경제 모델에 적합하며 수요에 크게 기여하고 있습니다. 또한 바이오디젤 부문은 UCO를 원료로 하고 있으며, 바이오연료 채용 증가로 시장의 성장을 견인하고 있습니다. 이 외에도 환경 규제가 UCO의 적절한 폐기를 장려하기 때문에 산업계는 재활용 및 재사용 솔루션을 찾고 있습니다. 게다가, UCO는 바이오 제품의 재생가능한 공급원이며, 친환경적인 대체품을 요구하는 소비자 수요에 부응하고 있습니다. 호텔, 레스토랑, 식품 시설의 확대에 의해 UCO의 양이 늘어나, 리사이클 수요가 높아지고 있습니다. 또한 정부와 단체는 폐기물 삭감을 추진하고 있으며, UCO 재활용의 중요성을 높이고 있습니다. 요리의 선호도가 증가함에 따라 UCO 발생량이 증가하고 재활용이 필요합니다. 게다가 현재 진행 중인 조사에서는 UCO의 새로운 용도와 응용이 모색되어 시장의 가능성이 확대되고 있습니다. 도시의 성장은 식용유 사용량을 증가시키고 UCO 생성과 재활용 기회를 늘립니다. 정보통의 소비자는 리사이클된 UCO로부터 만들어진 제품을 요구해, 제조업체가 UCO를 도입하는 원동력이 되고 있습니다.
바이오 연료 채용 증가
바이오디젤로 대표되는 바이오베이스 연료의 보급이 시장을 크게 견인하고 있습니다. 사회가 지속가능성을 우선시하고 화석연료를 대체하는 연료를 찾는 가운데 UCO는 바이오디젤 생산을 위한 귀중한 원료로 부상하고 있습니다. UCO의 바이오디젤로의 전환은 폐기물의 재사용과 재생가능 에너지원에 기여하는 이중 이점을 제공합니다. UCO에서 생산되는 바이오 디젤의 경제적 및 환경적 이점은 각 산업에서 인식되고 있으며, 회수 및 재활용 활동의 확대로 이어지고 있습니다. 바이오 연료에 대한 수요는 온실가스 배출을 줄이고 환경 친화적 인 미래를 촉진하는 깨끗한 에너지 솔루션으로의 세계 변화와 일치합니다. 정부, 산업계, 소비자는 이러한 전환을 지지하고 있으며, 그 결과 바이오디젤 생산에서 UCO의 이용을 더욱 촉진하는 정책과 인센티브가 탄생하고 있습니다. 이러한 추세는 보다 책임 있는 폐기물 관리를 보장할 뿐만 아니라 재생가능 에너지 부문에서 매우 중요한 역할을 하는 다목적 자원으로서의 UCO의 지위를 강화하는 것입니다.
가축 사료 제조에서 제품 이용 증가
동물사료 제조에 폐식용유(UCO)의 채용이 증가하고 있는 것은 시장 성장을 가속하고 있습니다. 산업계와 소비자가 지속 가능한 대안을 요구하는 동안 UCO는 동물사료의 조성을 강화하는 매력적인 선택을 제시합니다. UCO는 영양가가 높고 가축의 풍부한 에너지 원과 필수 지방산의 역할을합니다. 또한 UCO를 사료로 사용하면 처녀 식물성 기름에 대한 수요가 줄어들고 자원 보호와 폐기물 감소가 촉진됩니다. 책임 있는 폐기물 관리와 순환형 경제에 대한 의식이 높아지면서 UCO 사료 이용을 더욱 강화하고 있습니다. UCO를 재사용함으로써 산업계는 폐기물 발생 감소에 기여하는 동시에 균형 잡힌 동물 영양을 제공할 수 있습니다. 지속 가능한 실천을 촉진하고 식품 폐기를 억제하는 규제적 노력도 동물사료 제조에 UCO를 채택하는 것을 뒷받침하고 있습니다.
식음료 산업의 현저한 성장
식음료 업계의 현저한 성장은 많은 시장 기회를 제공합니다. 소비자의 취향과 라이프스타일이 변화함에 따라 다양하고 혁신적인 식음료 제품에 대한 수요가 증가하고 있습니다. 이 성장은 식생활의 취향의 변화, 편의성에 대한 관심 증가, 건강 지향과 지속 가능한 선택에 대한 관심 증가에 기인합니다. 식음료 산업의 확대는 포장, 유통, 마케팅 등 관련 부문에도 연쇄적인 영향을 미칩니다. 온라인 플랫폼, 택배 서비스, 디지털 마케팅 전략이 업계 상황을 재구성하고 있으며 기술 발전이 중요한 역할을 하고 있습니다. 업계의 성장은 현지 시장에만 머물지 않습니다. 세계화와 이문화의 영향은 새로운 요리와 풍미의 채용 공헌하고 다양한 식환경을 키우고 있습니다. 또한, 식품 및 식품 산업은 경제에 기여하고 고용을 창출하고 지역 농업 부문을 지원합니다. 그 영향력은 팜 투 테이블의 실천, 클린 라벨링, 식품 폐기물의 삭감 등 동향에 이르기까지 그리고 윤리적이고 지속 가능한 소비에 대한 의식의 고조를 반영하고 있습니다.
The global used cooking oil market size reached US$ 6.6 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 11.2 Billion by 2032, exhibiting a growth rate (CAGR) of 6% during 2024-2032. The increasing product use in producing industrial greases, the heavy investments in research to enhance UCO recycling methods, the rising need for food security, and the development of recycling facilities and collection systems are some of the factors propelling the market.
Used cooking oil (UCO) emerges from the repeated utilization of cooking oils in diverse settings, including hotels, restaurants, household kitchens, and food processing units. This residue originates from various sources, such as sunflower, corn, canola, olive, palm, rapeseed, soya oils, and animal fats. Its composition can also be a mix of these sources. Recycled and refined UCOs find versatile applications, playing a significant role in creating soaps, composts, oleochemicals, hydrogenated vegetable oils (HVO), industrial greases, biodiesels, and animal feed. Compared to conventional raw materials, the adoption of UCO offers remarkable advantages. Its utilization is notably cost-effective, making it an economical choice for numerous industries. Furthermore, embracing UCO contributes to environmental sustainability by repurposing waste and minimizing disposal concerns. Its availability in substantial quantities furthers its appeal, catering to the needs of mass production across various sectors.
The global market is majorly driven by the increasing shift towards sustainable practices. In line with this, UCO recycling fits the circular economy model by converting waste into valuable resources for various industries, significantly contributing to its demand. Furthermore, the biodiesel sector relies on UCO as a feedstock, driving market growth due to rising biofuel adoption. Apart from this, the environmental regulations encourage proper disposal of UCO, prompting industries to seek recycling and reuse solutions. Moreover, the UCO is a renewable source for bio-based products, meeting consumer demand for eco-friendly alternatives. The expansion of hotels, restaurants, and food establishments generates higher UCO volumes, boosting recycling demand. Besides, governments and organizations promote waste reduction, elevating the importance of UCO recycling. As culinary preferences grow, the amount of UCO generated rises, increasing the need for recycling. Additionally, the ongoing research explores new uses and applications for UCO, expanding its market potential. Urban growth amplifies cooking oil usage, leading to more UCO generation and recycling opportunities. Informed consumers seek products made from recycled UCO, driving manufacturers to incorporate it.
Increasing adoption of bio-based fuels
The increasing adoption of bio-based fuels, notably biodiesel, significantly drives the market. As societies prioritize sustainability and seek alternatives to fossil fuels, UCO emerges as a valuable feedstock for producing biodiesel. The conversion of UCO into biodiesel offers a dual advantage: it repurposes waste while contributing to renewable energy sources. Industries increasingly recognize the economic and environmental benefits of biodiesel derived from UCO, leading to expanded collection and recycling efforts. The demand for bio-based fuels aligns with the global shift towards cleaner energy solutions, reducing greenhouse gas emissions and promoting a greener future. Governments, industries, and consumers support this transition, resulting in policies and incentives that further boost the utilization of UCO for biodiesel production. This trend not only ensures more responsible waste management but also strengthens the position of UCO as a versatile resource with a pivotal role in the renewable energy sector.
Rising product uptake in the manufacturing of animal feed
The increasing adoption of used cooking oil (UCO) in animal feed manufacturing is stimulating market growth. As industries and consumers seek sustainable alternatives, UCO presents an attractive option for enhancing animal feed composition. Its incorporation offers nutritional value, serving as a rich energy source and essential fatty acids for livestock. Additionally, UCO's use in feed reduces the demand for virgin vegetable oils, promoting resource conservation and reducing waste. The rising awareness of responsible waste management and the circular economy further supports the utilization of UCO in animal feed. By repurposing UCO, industries contribute to reduced waste generation while providing balanced animal nutrition. Regulatory initiatives that promote sustainable practices and discourage food waste also propel the adoption of UCO in animal feed manufacturing.
Significant growth in the food and beverage industry
The significant growth in the food and beverage industry offers numerous market opportunities. As consumer preferences and lifestyles change, the demand for diverse and innovative food and beverage products rises. This growth is attributed to shifting dietary preferences, increased focus on convenience, and a growing interest in health-conscious and sustainable options. The expansion of the food and beverage industry also has a cascading effect on related sectors, including packaging, distribution, and marketing. Technological advancements play a crucial role, with online platforms, delivery services, and digital marketing strategies reshaping the industry landscape. The industry's growth is not limited to local markets; globalization and cross-cultural influences contribute to the introduction of new cuisines and flavors, fostering a diverse culinary environment. Moreover, the food and beverage industry contributes to economies, generating employment and supporting local agricultural sectors. Its influence extends to trends like farm-to-table practices, clean labeling, and reduced food waste, reflecting a growing consciousness about ethical and sustainable consumption.
IMARC Group provides an analysis of the key trends in each segment of the global used cooking oil market report, along with forecasts at the global, regional and country levels from 2024-2032. Our report has categorized the market based on source and application.
Household Sector
Commercial Sector
Commercial Sector dominates the market
The report has provided a detailed breakup and analysis of the market based on the source. This includes the household sector and commercial sector. According to the report, commercial sector represented the largest segment.
The commercial sector, including restaurants, hotels, and food processing units, is a substantial source of UCO. Businesses recognize the importance of sustainable practices, including UCO recycling. Partnerships between UCO companies and commercial establishments are forged to ensure proper collection and recycling processes. By offering efficient collection systems, educational resources, and sometimes even financial incentives, the commercial sector is incentivized to recycle UCO responsibly. The implementation of such initiatives aligns with corporate social responsibility goals and supports the circular economy model.
Furthermore, the household sector contributes significantly to UCO market growth. As more consumers become environmentally conscious, they are inclined to dispose of cooking oil responsibly. The household segment encourages proper collection and recycling of UCO through awareness campaigns and collection points. Companies and organizations partner with households to establish easy drop-off locations, incentivizing responsible disposal. This approach reduces UCO waste and educates the public about the broader benefits of recycling.
Biodiesel
Oleo Chemicals
Animal feed
Others
Biodiesel dominates the market
The report has provided a detailed breakup and analysis of the market based on the application. This includes biodiesel, oleo chemicals, animal feed, and others. According to the report, biodiesel represented the largest segment.
The biodiesel sector is a major driver of UCO market growth. The use of UCO as a feedstock for biodiesel production not only reduces waste but also contributes to cleaner energy sources. Biodiesel manufacturers partner with UCO companies to secure a reliable supply of raw materials, minimizing dependence on traditional fossil fuels. This synergy supports sustainable practices and aligns with global efforts to reduce greenhouse gas emissions. Biodiesel derived from UCO provides an alternative to conventional diesel and helps meet regulatory requirements for biofuel usage.
On the other hand, the oleochemical sector is another significant contributor to UCO market growth. UCO is a valuable source of fatty acids and other components required for producing oleochemicals. These chemicals find application in various industries, including cosmetics, detergents, and industrial products. By repurposing UCO into oleochemicals, companies promote a circular economy and reduce the demand for virgin raw materials. This approach aligns with the growing demand for sustainable and eco-friendly products, fostering innovation and expansion in the oleochemical sector.
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
Europe exhibits a clear dominance, accounting for the largest market share
The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Europe accounted for the largest market share.
The Europe region is a significant driver of UCO market growth due to various factors. Environmental consciousness and stringent regulations related to waste disposal and sustainability drive the demand for UCO recycling. The region's robust industrial and commercial sectors, including restaurants and food processing units, contribute to substantial UCO generation. Collaborations between UCO companies, biodiesel manufacturers, and oleochemical producers are fostering the repurposing of UCO into biofuels and eco-friendly products.
Moreover, consumer awareness campaigns and governmental initiatives encourage responsible UCO disposal in households. The availability of advanced technologies and collection systems further streamline the recycling process. The European market's emphasis on renewable energy and eco-friendly practices positions UCO as a valuable resource for reducing carbon emissions and promoting circular economy principles.
Top companies are strengthening the market through their strategic initiatives and innovative practices. These industry leaders are actively promoting the recycling and repurposing of UCO to mitigate environmental impact and tap into its diverse applications. By establishing efficient collection networks, these companies facilitate the proper disposal of UCO from restaurants, food processing units, and households. They collaborate with biodiesel manufacturers to channel UCO into producing sustainable biofuels, reducing dependency on fossil fuels and contributing to cleaner energy sources. Furthermore, leading UCO companies invest in research and development, exploring novel applications like animal feed, oleochemicals, and industrial products. Their emphasis on quality control and adherence to regulatory standards ensures UCO-derived products' safe and effective utilization. Through robust marketing and educational campaigns, these companies raise awareness about the benefits of UCO recycling, encouraging businesses and consumers to participate. By championing responsible waste management and promoting circular economy principles, top UCO companies are driving their success and advancing a greener, more sustainable future.
The report has provided a comprehensive analysis of the competitive landscape in the used cooking oil market. Detailed profiles of all major companies have also been provided.
ABP Food Group
Arrow Oils Ltd
Baker Commodities Inc.
Brocklesby Limited.
Grand Natural Inc.
Greasecycle LLC
MBP Solutions Ltd.
Oz Oils Pty Ltd
Valley Proteins Inc.
Veolia Environment S.A.
In June 2023, ABP Food Group announced the acquisition of the Bridge of Allan abattoir and Queenslie meat packing plant in Scotland from Scotbeef.
In January 2022, Brocklesby Limited was acquired by Energy company St1 Nordic Oy.
In March 2022, MBP Solutions Ltd announced that it would invest in Fayrefield Foods A/S as part of its strategic expansion into related companies that add synergies and partnerships to their businesses and staff and overlap with customers and industries.