Used cooking oil provides a sustainable solution in the biofuel business and may also be used for animal feed, giving producers more options to promote used cooking oil in the market and capitalize on the market’s potential growth. Furthermore, providing used cooking oil to rising countries can help to increase the global demand for used cooking oil. Spreading awareness about the possible solutions for used cooking oil could help to improve the growth of used cooking oil manufacturers, as well as the market for used cooking oil.
The growing utilization of UCO as a raw material for biodiesel production drives the demand in the used cooking oil market. Moreover, the comprehensive application of UCO in manufacturing grease, bio-lubricants, oleochemicals, and animal feed has further increased its demand across multiple industries, fueling industry growth.
The increasing number of restaurants and the expansion of the food processing industry have accelerated the usage of used cooking oil. The health benefits associated with using used cooking oils and their utilization as additives in animal feed have also contributed to the industry’s growth.