The Cooking Oil Recycling industry has grown over the past five years. While historically viewed as a waste product, used cooking oil has become a valuable commodity over the past decade, particularly in the production of biodiesel. The industry is expected to continue to grow strongly over the five years to 2022 as the EPA's Renewable Fuel Standard requirements persist to encourage strong biodiesel production growth, which will increase the demand for used cooking oil.
Companies in this industry collect cooking oil (yellow and brown grease) from restaurants and other foodservice establishments for sale to downstream markets that process this grease into biodiesel, animal feed and other products. Industry operators also process and refine the used cooking oil they collect prior to selling it to downstream markets.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.