Global Used Cooking Oil Market Size & Outlook, 2024-2030

The used cooking oil industry worldwide is expected to reach a projected revenue of US$ 11,976.6 million by 2030. A compound annual growth rate of 7% is expected of the worldwide used cooking oil industry from 2025 to 2030.
Revenue, 2024 (US$M)
$8,001.5
Forecast, 2030 (US$M)
$11,976.6
CAGR, 2025 - 2030
7%
Report Coverage
Worldwide

Global used cooking oil market highlights

  • The global used cooking oil market generated a revenue of USD 8,001.5 million in 2024 and is expected to reach USD 11,976.6 million by 2030.
  • The market is expected to grow at a CAGR (2025 - 2030) of 7% by 2030.
  • In terms of segment, biodiesel production accounted for a revenue of USD 3,999.4 million in 2024.
  • Biodiesel Production is the most lucrative application segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2024.
  • Country-wise, Canada is expected to register the highest CAGR from 2025 to 2030.

Global data book summary

Market revenue in 2024USD 8,001.5 million
Market revenue in 2030USD 11,976.6 million
Growth rate7% (CAGR from 2024 to 2030)
Largest segmentBiodiesel production
Fastest growing segmentBiodiesel Production
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationBiodiesel Production, Animal feed, Oleochemicals, Personal Care & Cosmetics

Other key industry trends

  • In terms of revenue, the North America accounted for 41.7% of the global used cooking oil market in 2024.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, Canada is the fastest growing regional market and is projected to reach USD 457.8 million by 2030.

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Used Cooking Oil Market Companies

Name Profile # Employees HQ Website

Global used cooking oil market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to used cooking oil market will help companies and investors design strategic landscapes.


Biodiesel production was the largest segment with a revenue share of 49.98% in 2024. Horizon Databook has segmented the Global used cooking oil market based on biodiesel production, animal feed, oleochemicals, personal care & cosmetics covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Used Cooking Oil Application Outlook (Revenue, USD Million, 2018-2030)
    • Biodiesel Production
    • Animal feed
    • Oleochemicals
    • Personal Care & Cosmetics
    • Others
  • Global Used Cooking Oil Type Outlook (Revenue, USD Million, 2018-2030)
    • Food Service
    • Household
    • Others

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Target buyers of Global used cooking oil market databook

  • Our clientele includes a mix of used cooking oil market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global used cooking oil market , including forecasts for subscribers. This global databook contains high-level insights into Global used cooking oil market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global used cooking oil market size, by regions, 2018-2030 (US$M)

Top 10 countries: Used cooking oil market size, 2024 (US$M)

Global used cooking oil market share, by application, 2024 & 2030 (%, US$M)

Used cooking oil market: Opportunity assessment by country

Global used cooking oil market, by region, 2024 (US$M)

Global used cooking oil market size, by regions, 2018-2030 (US$M)

Application 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 CAGR
North America 2,317.5 2,462.4 2,616.2 2,779.7 2,953.3 3,137.7 3,339.8 3,555.5 3,785.8 4,030.9 4,292.7 4,572.1 4,869.7 6.5%
Europe 1,191.8 1,272.8 1,359.3 1,451.6 1,550.3 1,655.7 1,771.5 1,895.8 2,029.2 2,172.0 2,325.3 2,489.8 2,666.0 7.1%
Asia Pacific 1,419.1 1,526.9 1,642.7 1,767.2 1,901.1 2,044.9 2,203.6 2,374.9 2,559.9 2,759.0 2,974.1 3,206.3 3,456.5 7.8%
Latin America 322.0 340.7 360.5 381.3 403.4 426.6 452.1 479.1 507.8 538.1 570.3 604.5 640.8 6.0%
MEA 161.8 172.1 183.0 194.6 206.9 220.1 234.4 249.8 266.2 283.7 302.4 322.4 343.7 6.6%
Overall 5,412.1 5,774.8 6,161.7 6,574.5 7,015.0 7,485.0 8,001.5 8,555.1 9,148.9 9,783.8 10,464.8 11,195.2 11,976.6 7.0%

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