Industry Analysis & Industry Trends
The Cooking Oil Recycling industry has grown very strongly over the past five years. While historically viewed as a waste product, used cooking oil has become a valuable commodity over the past decade. The industry is expected to continue to grow strongly over the five years to 2019 as the EPA's Renewable Fuel Standard requirements persist to encourage strong biodiesel production growth, which will increase the demand for used cooking oil.... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Cooking Oil Recycling industry is in the growth phase of its life cycle. Industry value added (IVA), representing an industry's contribution to the macroeconomy, is expected to grow at an annualized rate of 5.6% over the ten years to 2019, substantially higher than the expected 2.5% annualized growth in GDP over the same period. IVA growth substantially higher than GDP growth, as in this circumstance, indicates an industry firmly in the growth stage of its life cycle.
The Cooking Oil Recycling industry is a relatively new industry. A small share of the overall stock of US used cooking oil has long been collected and refined for use as an input in the production of soap, cosmetics, animal feed and other miscellaneous products... purchase to read more