Australia Used Cooking Oil Market Research Report Forecast to 2032
The used cooking oil (UCO) market in Australia is witnessing significant growth driven by various factors such as increasing environmental consciousness, rising demand for sustainable fuel alternatives, and government initiatives promoting renewable energy sources. The market is poised for expansion as stakeholders across industries recognize the potential of UCO as a valuable resource for biodiesel production and waste reduction.
One of the primary drivers behind the growth of the UCO market in Australia is the growing awareness of environmental sustainability among consumers, businesses, and policymakers. With concerns about climate change and pollution mounting, there is a heightened emphasis on reducing carbon footprints and embracing eco-friendly practices. This shift in approach has led to increased interest in recycling and repurposing used cooking oil, which can significantly mitigate environmental harm and contribute to a more sustainable future.
Moreover, the Australian government's support for renewable energy initiatives and biofuel production has created a conducive environment for the development of the UCO market. Through incentives, subsidies, and regulatory frameworks, policymakers are encouraging investments in the biodiesel sector, thereby stimulating demand for used cooking oil as a feedstock. This proactive approach not only fosters innovation and entrepreneurship but also aligns with broader national goals of reducing dependence on fossil fuels and promoting clean energy alternatives.
The Australia used cooking oil market was valued at USD 68.86 million in 2022 and expected to reach USD 104.09 million by 2032, registering a CAGR of 4.26% over the forecast duration.
Market Segmentation
Based on the source, the market has been segmented into food manufacturers, HORECA, household and others. Among them, HORECA segment is the largest segment of the market accounting for 56.33% of the Australian market in 2022.
Based on application, the used cooking oil market has segmented into biodiesel, oleochemical products, animal feed and others). Biodiesel segment held the largest market share (79.35%) in 2022.
Major Players
Major players are Veolia Environnment S.A., Darling Ingredients Inc., Greenlife Oil Holdings, Auscol, OZ OILS Pty. Ltd, and Revive Oils Pty Ltd.
- 1 Executive Summary
- 2 Market Introduction
- 2.1 Definition
- 2.2 Scope Of The Study
- 2.3 Research Objective
- 2.5 Market Structure
- 3 Research Methodology
- 3.1 Overview
- 3.2 Data Flow
- 3.2.1 Data Mining Process
- 3.3 Purchased Database:
- 3.5 Secondary Sources:
- 3.5.1 Secondary Research Data Flow:
- 3.6 Primary Research:
- 3.6.1 Primary Research Data Flow:
- 3.6.2 Primary Research: Number Of Interviews Conducted
- 3.7 Approaches For Market Size Estimation:
- 3.7.1 Revenue Analysis Approach
- 3.8 Data Forecasting
- 3.8.1 Data Forecasting Type
- 3.9 Data Modeling
- 3.9.1 Microeconomic Factor Analysis:
- 3.9.2 Data Modeling:
- 3.10 Teams And Analyst Contribution
- 4 Market Dynamics
- 4.1 Introduction
- 4.2 Drivers
- 4.2.1 Increasing Awareness Of Environmental Impact And Sustainability Practices
- 4.2.2 Growing Demand For Biofuels In Transportation And Industrial Sectors
- 4.3 Restraints
- 4.3.1 High Costs Associated With Collection, Transportation, And Recycling Processes
- 4.3.2 Competition From Alternative Fuel Sources And Substitutes In Industries
- 4.4 Opportunity
- 4.4.1 Technological Advancements Enhancing Oil Recycling Processes And Efficiency
- 4.4.2 Expanding Restaurant Industry Contributing To Higher Oil Consumption
- 4.5 Challenges
- 4.5.1 Environmental Concerns Related To Improper Disposal Methods
- 5 Market Factor Analysis
- 5.1 Value Chain Analysis
- 5.1.1 Collection And Aggregation
- 5.1.2 Processing And Refinement
- 5.1.3 Packaging And Distribution
- 5.1.4 End-user
- 5.2 Porter’s Five Forces Model
- 5.2.1 Threat Of New Entrants
- 5.2.2 Bargaining Power Of Suppliers
- 5.2.3 Threat Of Substitutes
- 5.2.4 Bargaining Power Of Buyers
- 5.2.5 Intensity Of Rivalry
- 5.3 Impact Analysis Of Covid-19
- 5.3.1 Impact On Supply Chain
- 5.3.2 Supply-demand Imbalance
- 5.3.3 Production Constraints Impact On Application Area
- 5.3.4 Impact On Application Area
- 5.4 Average Price Of Used Cooking Oil In Australia
- 5.5 Market Trends Of Australia Used Cooking Oil Market
- 6 Australia Used Cooking Oil Market, By Source
- 6.1 Overview
- 7 Australia Used Cooking Oil Market, By Application
- 7.1 Overview
- 8 Competitive Landscape
- 8.1 Competitive Overview
- 8.2 Competitive Benchmarking
- 8.3 Major Players In The Australia Used Cooking Oil Market
- 9 Company Profiles
- 9.1 Darling Ingredients Inc.
- 9.1.1 Company Overview
- 9.1.2 Financial Overview
- 9.1.3 Products Offered
- 9.1.4 Key Developments
- 9.1.5 Swot Analysis
- 9.1.6 Key Strategies
- 9.2 Auscol
- 9.2.1 Company Overview
- 9.2.2 Financial Overview
- 9.2.3 Products/Services Offered
- 9.2.4 Key Developments
- 9.2.5 Swot Analysis
- 9.2.6 Key Strategies
- 9.3 Oz Oils Pty. Ltd
- 9.3.1 Company Overview
- 9.3.2 Financial Overview
- 9.3.3 Products/Services Offered
- 9.3.4 Key Developments
- 9.3.5 Swot Analysis
- 9.3.6 Key Strategies
- 9.4 Revive Oils Pty Ltd
- 9.4.1 Company Overview
- 9.4.2 Financial Overview
- 9.4.3 Products Offered
- 9.4.4 Key Developments
- 9.4.5 Swot Analysis
- 9.4.6 Key Strategies
- 9.5 Baker Commodities Inc.
- 9.5.1 Company Overview
- 9.5.2 Financial Overview
- 9.5.3 Products Offered
- 9.5.4 Key Developments
- 9.5.5 Swot Analysis
- 9.5.6 Key Strategies
- 9.6 Veolia Environnment S.A.
- 9.6.1 Company Overview
- 9.6.2 Financial Overview
- 9.6.3 Products Offered
- 9.6.4 Key Developments
- 9.6.5 Swot Analysis
- 9.6.6 Key Strategies
- 9.7 Greenlife Oil Holdings
- 9.7.1 Company Overview
- 9.7.2 Financial Overview
- 9.7.3 Products/Services Offered
- 9.7.4 Key Developments
- 9.7.5 Swot Analysis
- 9.7.6 Key Strategies
- 9.8 Argent Energy
- 9.8.1 Company Overview
- 9.8.2 Financial Overview
- 9.8.3 Products/Services Offered
- 9.8.4 Key Developments
- 9.8.5 Swot Analysis
- 9.8.6 Key Strategies
- 9.9 Olleco Ltd.
- 9.9.1 Company Overview
- 9.9.2 Financial Overview
- 9.9.3 Products/Services Offered
- 9.9.4 Key Developments
- 9.9.5 Swot Analysis
- 9.9.6 Key Strategies
- 9.10 Brocklesby Limited
- 9.10.1 Company Overview
- 9.10.2 Financial Overview
- 9.10.3 Products Offered
- 9.10.4 Key Developments
- 9.10.5 Swot Analysis
- 9.10.6 Key Strategies
- 10 Appendix
- 10.1 References
- List Of Tables
- Table 1 Qfd Modeling For Market Share Assessment
- Table 2 Average Price Per Ton, 2022
- Table 3 Australia Used Cooking Oil Market, By Source, 2019–2032 (Usd Million)
- Table 4 Australia Used Cooking Oil Market, By Application, 2019–2032 (Usd Million)
- Table 5 Major Players In The Australia Used Cooking Oil Market
- Table 6 Darling Ingredients Inc.: Products Offered
- Table 7 Auscol: Products Offered
- Table 8 Auscol: Key Developments
- Table 9 Oz Oils Pty. Ltd: Products/Services Offered
- Table 10 Revive Oils Pty Ltd: Products Offered
- Table 11 Baker Commodities Inc.: Products Offered
- Table 12 Veolia Environnment S.A.: Products Offered
- Table 13 Greenlife Oil Holdings: Products/Services Offered
- Table 14 Argent Energy: Products/Services Offered
- Table 15 Olleco Ltd.: Products/Services Offered
- Table 16 Brocklesby Limited: Products Offered
- List Of Figures
- Figure 1 Australia Used Cooking Oil Market: Executive Summary
- Figure 2 Australia Used Cooking Oil Market: Structure
- Figure 3 Australia Used Cooking Oil Market: Market Growth Factor Analysis (2022-2032)
- Figure 4 Driver Impact Analysis (2023-2032)
- Figure 5 Restraint Impact Analysis (2022-2032)
- Figure 6 Value Chain Analysis Of The Australia Used Cooking Oil Market
- Figure 7 Porter’s Five Forces Analysis: Australia Used Cooking Oil Market
- Figure 8 Australia Used Cooking Oil Market, Source Segment Attractiveness, 2019-2032 (Usd Million)
- Figure 9 Australia Used Cooking Oil Market, By Source, 2022 & 2032 (Usd Million)
- Figure 10 Australia Used Cooking Oil Market Share (%), By Source, 2022
- Figure 11 Australia Used Cooking Oil Market, Application Segment Attractiveness, 2019-2032 (Usd Million)
- Figure 12 Australia Used Cooking Oil Market, By Application, 2022 & 2032 (Usd Million)
- Figure 13 Australia Used Cooking Oil Market Share (%), By Application, 2022
- Figure 14 Benchmarking Of Major Competitors
- Figure 15 Darling Ingredients Inc.: Financial Overview Snapshot
- Figure 16 Darling Ingredients Inc.: Swot Analysis
- Figure 17 Auscol: Swot Analysis
- Figure 18 Oz Oils Pty. Ltd: Swot Analysis
- Figure 19 Revive Oils Pty Ltd: Swot Analysis
- Figure 20 Baker Commodities Inc.: Swot Analysis
- Figure 21 Veolia Environnment S.A.: Financial Overview Snapshot
- Figure 22 Veolia Environnment S.A.: Swot Analysis
- Figure 23 Greenlife Oil Holdings: Swot Analysis
- Figure 24 Argent Energy: Swot Analysis
- Figure 25 Olleco Ltd.: Swot Analysis
- Figure 26 Brocklesby Limited: Swot Analysis
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