Cooking Oil Recycling in the UK - Industry Market Research Report
Description
Cooking Oil Recycling in the UK - Industry Market Research Report
Cooking Oil Recycling in the UK
Cooking oil recyclers provide a legally mandated service to food manufacturing and food-service establishments and then primarily sell the used cooking oil to biodiesel producers. The industry has been lifted by several pieces of legislation that have boosted biodiesel consumption. As the government pursues climate change targets, strong policy support for the use of biodiesel has transformed UCO from being considered a waste product to a valuable commodity. Growth in biodiesel prices alongside growing numbers of food manufacturers and food-service establishments has contributed to industry revenue climbing at a compound annual rate of 5.1% over the five years through 2022-23 to reach £90.5 million.
Companies in this industry collect used cooking oil (yellow and brown grease) from restaurants and other food-service establishments for sale to downstream markets, who 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.
Cooking Oil Recycling in the UK
Cooking oil recyclers provide a legally mandated service to food manufacturing and food-service establishments and then primarily sell the used cooking oil to biodiesel producers. The industry has been lifted by several pieces of legislation that have boosted biodiesel consumption. As the government pursues climate change targets, strong policy support for the use of biodiesel has transformed UCO from being considered a waste product to a valuable commodity. Growth in biodiesel prices alongside growing numbers of food manufacturers and food-service establishments has contributed to industry revenue climbing at a compound annual rate of 5.1% over the five years through 2022-23 to reach £90.5 million.
Companies in this industry collect used cooking oil (yellow and brown grease) from restaurants and other food-service establishments for sale to downstream markets, who 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.
Table of Contents
37 Pages
- TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Major Markets
Globalisation & Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Pricing
Currency Rates
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