GROWING ECO-CONCERNS EXPAND DEMAND FOR USED COOKING OIL WORLDWIDE
May 27th, 2022
Growing environmental concerns and rising awareness of sustainable energy resources is driving considerable growth in the global used cooking oil (UCO) market. Production is also being boosted by recent technological advancements in UCO processing, expanding supplies from the rapidly evolving foodservice industry and initiatives by various governments to promote UCO for industrial use.
The global UCO market is expected to grow from USD6 billion in 2021 to USD10.1 billion in 2028, equating to a CAGR (compound annual growth rate) of 7.8% over the period, according ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.