Used Cooking Oil Market 2030: From Kitchen to Clean Energy
Global Used Cooking Oil Market Overview The global used cooking oil market was valued at USD 8.00 billion in 2024 and is expected to grow to USD 11.98 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 7.0% between 2025 and 2030. This growth is mainly driven by rising awareness about the value of waste cooking oil, a significant surge in biofuel production, and a growing preference for renewable energy sources. Concerns about petroleum diesel—such as its emissions and environmental impact—are increasing the demand for used cooking oil (UCO) as a feedstock for biodiesel production, which is anticipated to fuel substantial market expansion. Used cooking oil is recognized as a low-cost raw material for biofuel, making it an attractive option for manufacturers. The Net Energy Ratio (NER) for biodiesel derived from UCO is approximately 5.49, meaning that for every unit of fossil energy consumed during production, UCO biodiesel generates 5.49 units of energy. T...