The global used cooking oil market size is projected to reach USD 8.48 billion by the end of 2027. The presence of several large scale UCO refineries will have a massive impact on the growth of the overall market. According to a report published by Fortune Business Insights, titled “Used Cooking Oil Market Size, Share & COVID-19 Impact Analysis, By Source (Food Services and Households), Applications (Industrial Usage, Animal Feed & Others), and Regional Forecast, 2020-2027,” the market was worth USD 5.50 billion in 2019 and will exhibit a CAGR of 6.0% during the forecast period 2020-2027.

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The global non-GMO food market USD 577.74 billion in 2020. The market value is estimated to rise from USD 623.96 billion in 2021 to USD 1,231.13 billion in 2028 at a CAGR of 10.20% during the projected timeline. Shifting inclination of consumers towards healthier foods is a major factor driving the market growth. The healthy-eating trend has gained significant momentum during COVID-19 and will continue to create new opportunities for market players worldwide, states Fortune Business Insights™ in its report titled “Non-GMO Food Market, 2021-2028”.

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