June 16, 2024

According to the latest report by IMARC Group, titled “India used cooking oil  Market Report Size, Share, Industry Trends, Growth, Opportunity and Forecast 2022-2027“, the India used cooking oil market reached a volume of 3.1 Million Tons in 2021. Looking forward, IMARC Group expects the market to reach 3.9 Million Tons by 2027, exhibiting a CAGR of 3.40% during 2022-2027. 

Used cooking oil (UCO), also known as waste vegetable oil, is residual fat and oil obtained post food preparation in the commercial, household, hotels, restaurants, and cafes (HoReCa) sectors. It includes sunflower, palm, rape, soy, corn, canola, olive, and other mixed composition oils. UCO is obtained from wastewater treatment plants as a non-hazardous material. As a result, it finds applications as biofuels for power generation and heating, animal feeds and additives, and others.

Report Metric
Historical: 2016-2021
Base Year: 2021
Forecast Year: 2022-2027

India Used Cooking Oil Market Trends and Drivers:

The India used cooking oil market is primarily driven by the significant growth of the food processing industry. Besides this, the rising number of hotels and restaurant chains due to the changing dietary preferences and fast paced lifestyles of individuals is also fueling the market growth.

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In addition, the Government of India is implementing initiatives to promote renewable energy sources, such as biofuels, and reduce high carbon emission levels. Consequently, UCO is gaining popularity across India as a cost-effective and eco-friendly solution.

Furthermore, extensive investments in research and development (R&D) activities to produce high-quality refined oil from used cooking oil is anticipated to facilitate the market growth in the upcoming years.

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

India Used Cooking Oil Market 2022-2027 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Aris Bioenergy Private Limited, Biod Energy (India) Private Limited, Bluestone Energy, Eco Green Fuels, Gogreen Bioenergy India Pvt Ltd, K Nandini Refineries, Muenzer Bharat Pvt. Ltd., Northern Biofuels Private Limited, Veolia Environment and Zomato.

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The report has segmented the market on the basis of region, source and application.

Market Breakup by Source:

  • Food Processing Industry
  • HoReCa
  • Household
  • Others

Market Breakup by Application:

  • Biodiesel
  • Oleo Chemicals
  • Animal Feed
  • Others

Market Breakup by Region:

  • North India
  • West and Central India
  • South India
  • East India

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If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

Key highlights of the report:

  • Market Performance (2016-2021)
  • Market Outlook (2022- 2027)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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