Used Cooking Oil Market Size to Hit USD 10.08 Bn by 2028 | With a CAGR of 7.76%

Pune, India, June 05, 2023 (GLOBE NEWSWIRE) — The global used cooking oil market size
Market Segments:Several governments throughout the world are increasing their efforts to raise public awareness by enacting legislation and regulations that encourage the use of recycled used UCOs. For example, in August 2019, the Indian government launched a scheme in 100 Indian cities to transform wasted UCO into biodiesel. The government also launched the Repurpose Used Cooking Oil (RUCO) app in 2018 to collect the UCO. Channeling wasted UCO into biodiesel production also keeps used cooking oil out of the food chain. The UK Environmental Agency has established criteria for restaurants to follow when it comes to UCO disposal. The agency is sponsored by the Department for Environment, Food, and Rural Affairs (DEFRA) and works to prevent improper waste UCO disposal.