Dublin, Jan. 24, 2024 (GLOBE NEWSWIRE) -- The "Cooking Oil Recycling in the UK - Industry Research Report" has been added to ResearchAndMarkets.com's offering.
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. Over the five years through 2023-24, revenue is expected to expand at a compound annual rate of 2.9% to £93.8 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.
Key Topics Covered:
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
- Demand Determinants
- Major Markets
- International Trade
- Business Locations
COMPETITIVE LANDSCAPE
- Market Share Concentration
- Key Success Factors
- Cost Structure Benchmarks
- Basis of Competition
- Barriers to Entry
- Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
- Capital Intensity
- Technology & Systems
- Revenue Volatility
- Regulation & Policy
- Industry Assistance
KEY STATISTICS
- Industry Data
- Annual Change
- Key Ratios
For more information about this report visit https://www.researchandmarkets.com/r/v2cjzg
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