Used Cooking Oil
Regions Covered
Europe
Regions Covered
Europe
Global used cooking market is expected to grow at a CAGR of 1.5%. UCO is refined into several types of biofuels, used in power generation and heating. It is utilized as a high energy feed additive in various livestock feeding products. Also, increasing number of restaurants and hotels are driving the used cooking oil market. EU’s annual necessary demand for UCO in 2018 is around 1.7 MMT and ¬50% of this demand is estimated to be imported with majority of the imports coming from China.
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