Browse 80 market data Tables and 33 Figures spread through 114 Pages and in-depth TOC on “North America FOG Market”
North America’s fats, oils, and grease (FOG) market is expanding due to stringent environmental regulations and increasing adoption of sustainable waste management practices. Key drivers include urbanization, food service industry growth, and rising awareness about the impacts of FOG on sewer systems and water quality.
The North American FOG market [https://www.marketsandmarkets.com/Market-Reports/north-america-fog-market-176877012.html] size is projected to grow from USD 9.5 billion in 2022 to USD 25.6 billion by 2044, at a CAGR of 4.6% during the forecast period . The growing demand for brown grease acts as a major driver for the market. Brown grease provides a number of advantages to the energy sector, local communities, and the environment. FOG has a significant potential to be refined into different biofuels for electricity production. Biodiesels have a lower carbon impact and burns cleaner. They emit less carbon monoxide and cost less than petroleum fuel.
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In North America, the United States is expected to maintain leadership in both value and volume within the Fats, Oils, and Grease (FOG) market through the forecast period. However, projections suggest that Canada will surpass the US by 2044. Currently, the US holds a dominant position in the North American FOG market [https://www.marketsandmarkets.com/Market-Reports/north-america-fog-market-176877012.html] as of 2022. Yellow and brown grease serve as essential feedstocks for biodiesel production, with demand likely spurred by rising biofuel output and governmental support initiatives and subsidies for biofuels in the US.
The top players in the North America FOG market are Darling Ingredients, Inc. (US), Restaurant Technologies Inc. (US), Downey Ridge Environmental Company (US), Baker Commodities Inc. (US), Mopac (US), and Grease Cycle LLC (US). These players have implemented various growth strategies, such as acquisitions, investments, expansions, joint ventures, and partnerships, to enhance their market shares and boost their product portfolios.
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Darling Ingredients, Inc. creates and manufactures natural ingredients using edible and inedible bio-nutrients. Feed Ingredients, Food Ingredients, and Fuel Ingredients are the segments through which the company operates. The Feed Ingredients category covers ingredients businesses, including fats and proteins utilized cooking oil, trap grease and food residuals collection, Rothsay ingredients, and ingredients and specialty goods. Gelatin, natural casings, meat byproducts, and specialty product operations are all included in the category of food ingredients.
Baker Commodities Inc. (Baker Commodities) is a rendering and grease-removal service provider. In addition to biodiesel, cattle hides, yellow grease, tallow, protein meal, and feeding fats, the company also deals in cattle hides. Additionally, it offers tools such as fresh oil systems, outdoor solutions, drain filter systems, interior containment tanks, and pipe locks. The company’s offerings include trap and interceptor pumping, animal byproducts and mortalities recycling, grease management, waste management, and grease collection. It operates in the US states of New York, Vermont, Vermont, California, Oregon, Arizona, Rhode Island, Montana, and Nevada. Vernon, California, serves as the headquarters of Baker Commodities.
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Publish date : 2024-06-17 17:42:01
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