Overview

Recycled growth: Industry revenue will rise alongside increased biodiesel production

IBISWorld’s Cooking Oil Recycling market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

REPORT SNAPSHOT

Industry Threats & Opportunities

  • Continued biofuel demand will support growth for cooking oil recycling operators
  • Biodiesel manufacturers have increasingly attempted to source used cooking oil from restaurants
  • Industry revenue is expected to grow strongly, but industry profit margins will decline

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    Industry Analysis & Industry Trends

    The Cooking Oil Recycling industry has grown over the past five years. While historically viewed as a waste product, used cooking oil has become a valuable commodity over the past decade, particularly in the production of biodiesel. The industry is expected to continue to grow strongly over the five years to 2022 as the EPA's Renewable Fuel Standard requirements persist to encourage strong biodiesel production growth, which will increase the demand for used cooking oil...

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    Industry Report - Industry Key Buyers Chapter

    The Cooking Oil Recycling industry has a low-to-medium level of market share concentration, with the industry's four largest companies expected to account for 39.3% of industry revenue in 2017. The industry is dominated by very small, mostly nonemploying companies that purchase used cooking oil from restaurants within a small area, which they then sell to downstream markets. However, a small but growing number of large companies, such as Darling Ingredients Inc., also play a relatively large role in the industry. Over the past five years, the industry has deconsolidated to some extent as increasing numbers of individuals have taken advantage of the growing production of biodiesel fuel to make informal contracts with local restaurants to collect their used cooking oil. How..

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    Additional Insights for the Cooking Oil Recycling Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Cooking Oil Recycling Industry are

  • Supply contracts in place for key inputs
  • Market research and understanding
  • Ability to accommodate environmental requirements
  • IBISWorld analysts also discuss how external factors such as Price of oilseeds and World price of crude oil in the Cooking Oil Recycling industry impact industry performance..

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    Industry Products

    What is the Cooking Oil Recycling Industry?

    Companies in this industry collect cooking oil (yellow and brown grease) from restaurants and other foodservice establishments for sale to downstream markets that 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.

    Industry Products
    Cooking oil collection and yellow grease processing
    Grease trap pumping and brown grease processing
    Industry Activities
    Used cooking oil collection
    Grease trap cleaning
    Used cooking oil refining

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Price of oilseeds
  • World price of crude oil
  • World price of soybeans
  • Demand from truck transportation

  • Current Performance
  • Volatile commodities
  • Government support for biofuels
  • Cooking oil as biodiesel input
  • Straining profit
  • Chart: Revenue Growth

  • Industry Outlook
  • Increased acceptance of biodiesel fuel
  • Tightening regulations
  • Declining profit
  • Table: Cooking Oil Recycling Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Cooking Oil Recycling Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Utilities
  • Animal Food Production
  • Organic Chemical Manufacturing
  • Soap & Cleaning Compound Manufacturing
  • Cosmetic & Beauty Products Manufacturing

  • Key Selling Industries
  • Chain Restaurants
  • Fast Food Restaurants
  • Single Location Full-Service Restaurants

  • Products & Services
  • Cooking oil collection and yellow grease processing
  • Grease trap pumping and brown grease processing
  • Other
  • Chart: Cooking Oil Recycling Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Biodiesel and other organic chemical manufacturers
  • Animal feed producers
  • Soap makers and other
  • Pet food producers
  • Chart: Major Market Segmentation for the Cooking Oil Recycling Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Depreciation
  • Rent, utilities and other costs
  • Chart: Cost Structure Benchmarking – Sector vs Cooking Oil Recycling

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Cooking Oil Recycling Industry

  • Industry Globalization
    Major Companies
    Restaurant Technologies Inc.Darling Ingredients Inc.Valley Proteins Inc.
  • Table: Restaurant Technologies Inc. - financial performance
  • Table: Darling Ingredients Inc. - financial performance
  • Table: Valley Proteins Inc. - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Cooking Oil Recycling Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Cooking Oil Recycling Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • US Biodiesel production (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
    Biodiesel
  • Diesel fuel made from vegetable or (more rarely) animal fat. A type of biofuel.
  • Biofuel
  • A fuel derived from recently living organisms, including corn, sugar cane and vegetable oil. Includes biodiesel.
  • Brown Grease
  • Grease and cooking oil recovered from grease traps. Usually highly contaminated with food waste, making brown grease more difficult to recycle than yellow grease.
  • Decantation
  • A process used to separate mixtures. A centrifuge helps speed the rate at which the mixture is separated.
  • Environmental Protection Agency (Epa)
  • Agency of the US government responsible for human health and environmental protection through regulations based on Congressional legislation.
  • Fog
  • An acronym for fats, oil and grease.
  • Grease Interceptor
  • Plumbing devices installed under kitchen sinks to collect cooking oil and other materials to prevent their entry into the sewer system. Grease traps generally refer to smaller grease interceptors.
  • Renewable Fuel Standard
  • EPA standards mandating minimum quantities of renewable fuel within the transport fuel sold in the United States.
  • Wvo
  • An acronym for waste vegetable oil.
  • Yellow Grease
  • Another name for used cooking oil, usually recovered from deep fryers. Yellow grease also refers to animal fats recovered from rendering plants, yet this definition does not apply to this report.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Cooking Oil Recycling:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Cooking Oil Recycling market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Cooking Oil Recycling, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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