New York, NY 12 June 2019: The global used cooking oil (UCO) market size
is anticipated to reach USD 773.5 Million by 2026, growing at a CAGR of 3.6%
during the forecast period, according to a new research published by Polaris
Market Research. The Report “Used Cooking Oil Market Share, Size,
Trends, & Industry Analysis Report [By Source (Restaurants and
Other Food Outlets, Household, Food Manufacturers, Caterers, Others) By
Application (Biodiesel, Oleo Chemicals, Animal Feed, Others), By Regions]:
Segments & Forecast, 2019 – 2026” provides a thorough and detailed
analysis with an overview of present trends and future insights. In 2018, the
biodiesel segment accounted for the highest share in this market in terms of
revenue. Europe is expected to be the leading contributor to the market revenue
in 2018.
About Polaris Market Research
Polaris Market Research is a global market research and consulting company. We provide unmatched quality of offerings to our clients present globally. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base in a wide range of industries including healthcare, technology, semi-conductors and chemicals. We strive to provide our clients with updated information on innovative technologies, high growth markets, emerging business environments and the latest business-centric applications, thereby helping them to make informed decisions and leverage new opportunities.
Contact us
Mr. Rohit
Corporate Sales, USA
Polaris Market Research
Phone: 1-646-568-9980
Email: sales@polarismarketresearch.com
Web: www.polarismarketresearch.com
Increasing urbanization and industrialization coupled
with growing demand for biofuels majorly drives the UCO market growth. The
increasing population, and rising awareness regarding use of renewable resources
further support the growth of this market. Increasing demand for sustainable
energy solutions, and environmental awareness boosts the market growth. The
growth in the global food and beverage industry, and significant increase in
restaurants and food outlets also accelerate the development of the used
cooking oil market. Increasing use as additive in animal feed, rising focus on
improving animal health, accelerating demand from emerging countries, and
growing initiatives to promote sustainable energy sources are expected to
provide growth opportunities in the used cooking oil industry during the
forecast period.
Europe generated the highest market share in terms of
revenue in the global used cooking oil industry in 2018, and is expected to
lead the market throughout the forecast period. The growing population,
urbanization, and industrialization increase the demand for used cooking oil in
the region. The rising environmental concerns, and favorable government
regulations is generating numerous opportunities for the used cooking oil
industry in the region. Increasing demand for biodiesel, and growing awareness
regarding animal health also boosts market growth in Europe.
The well-known companies profiled in the UCO market
report include Greenergy International Ltd, Baker Commodities Inc., Darling
Ingredients, Proper Oils, Uptown Biodiesel Limited, Argent Energy, Devon
Biofuels, Brocklesby Ltd, Biomotive Fuel Ltd., and Lywood Consulting. These
companies are consistently launching new products to enhance their offerings in
the global used cooking oil industry. With the advancement of technologies,
companies are innovating and introducing new customized solutions to cater the
growing needs of the customers. Leading companies are also acquiring other
companies, and enhancing their product offerings to improve their market reach.
Acquisitions enable key players to increase their market potential in terms of
geographic expansion and expansion of customer base.
Polaris Market Research has segmented the global used
cooking oil (UCO) market on the basis of Source, Applications and Region:
Used Cooking Oil Source Outlook (Revenue, USD Million,
2015 – 2026)
Restaurants and Other Food Outlets
Household
Food Manufacturers
Caterers
Others
Used Cooking Oil Application Outlook (Revenue,
USD Million, 2015 – 2026)
Bio-diesel
Oleochemicals
Animal feed
Others
Used Cooking Oil Regional Outlook (Revenue, USD
Million, 2015 – 2026)
North America
U.S.
Canada
Europe
Germany
UK
France
Italy
Asia-Pacific
China
India
Japan
Singapore
Australia
Latin America
Brazil
Mexico
Middle East and Africa
About Polaris Market Research
Polaris Market Research is a global market research and consulting company. We provide unmatched quality of offerings to our clients present globally. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base in a wide range of industries including healthcare, technology, semi-conductors and chemicals. We strive to provide our clients with updated information on innovative technologies, high growth markets, emerging business environments and the latest business-centric applications, thereby helping them to make informed decisions and leverage new opportunities.
Contact us
Mr. Rohit
Corporate Sales, USA
Polaris Market Research
Phone: 1-646-568-9980
Email: sales@polarismarketresearch.com
Web: www.polarismarketresearch.com
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