North America FOG Market

The North America FOG market 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 growth of this market is ascribed to growing biofuel production and an increase in concern for the necessity for reduced environmental effects and encouraging initiatives by the government. FOG has a significant potential to be refined into different biofuels for electricity production. Biodiesels have a lower carbon impact and burns cleaner. The technological advancement in converting the FOG into biofuel is the major opportunity in the market. However, the lack of awareness in developing economies may hinder the growth of the market.

Attractive Opportunities in the North America FOG Market

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North America FOG Market Dynamics

Driver- Growing demand for brown grease

The growing demand for brown grease acts as a major driver for the market. Brown grease provides several 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 burn cleaner. They emit less carbon monoxide and cost less than petroleum fuel. The market is growing as a result of the increasing demand for recycled used cooking oil for the production of biodiesel.

Restraint- Unstable economic condition

Unstable economic conditions significantly influence the financial spending of industrial sectors that use grease. This leads to reduced interest in more innovative and advanced industrial grease products, as most of the manufacturers are skeptical to financially support R&D. The North America FOG industry also depends on the performance of its end-use industries, and the unstable economic condition is restraining the market.

Opportunity - Technological advancements leading to innovation

Technological advancements create opportunities for the growth of the North America FOG market. Europe and North America are characterized by extensive experience and knowledge in the FOG market. The market is experiencing rapid growth in emerging economies. Advanced technologies and equipment, coupled with new applications, are driving the demand for improved products in both developed and developing countries. This creates opportunities for the market players.

Challenge - Lack of awareness in developing economies

Mexico is slow in adopting innovative and new technologies related to brown and yellow grease. The North America FOG market comprises numerous small suppliers; its R&D budget is also limited in comparison to other sectors. The market has a positive outlook due to high growth in the fuel industry. However, in some developing or underdeveloped countries of the North America region, people are less aware of the benefits and use of brown and yellow grease in the manufacturing of biodiesel.

North America Fog Market: Ecosystem

The Brown Grease, Restaurants/ Fast food restaurants segment to register the highest CAGR during the forecast period.

Brown grease is waste that is gathered from grease interceptors or traps, which are grease management equipment. Grease traps are sealed containers that are fitted in sewage lines in a way that enables lighter grease and oil to float to the top of the trap when flushed down a drain. These catchments enable the water to pass past the grease and into the main sewer or water treatment facility. Grease traps are set up such that the lid of the container may be opened, enabling the removal of the grease and oil. According to the National Renewable Energy Laboratory, it is estimated that 3.8 billion pounds of grease produced by restaurants in the US annually are used to make 495 million gallons of biodiesel or heating fuel, equivalent to 1% of the country's diesel consumption.

The Brown Grease Fuel segment is the quickest-growing application.

Brown grease Fuel segment is projected to register the highest CAGR. It is used in the production of biofuel. It is less expensive than crop-based biofuels and oilseed feedstocks cultivated on agricultural land. Biofuels are in great demand because of the enhanced Renewable Fuel Standard in the US. This standard is a federal legislation that requires transportation fuel suppliers (diesel and gasoline) to incorporate a modest amount of biofuels into their products. Its goal is to minimize greenhouse gas emissions and reliance on non-renewable petroleum.

Canada to register the highest CAGR during the forecast period.

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In terms of value and volume, Canada is projected to grow at the highest CAGR from 2022 to 2044. Factors such as the increasing demand for recycled used cooking oil for the production of biodiesel have driven the growth of the economy in the North America region. The rising demand for biofuel and increasingly stringent laws pertaining to waste management are expected to drive the FOG market in the region.

In US government offers incentives to biodiesel blenders and producers under the Biodiesel Mixture Excise Tax Credit and the Biodiesel Income Tax Credit. In 2020, biodiesel was second to ethanol as the most produced and consumed biofuel in the US and accounted for about 11% and 12% of total US biofuel production and consumption, respectively.

Key Market Players

Key players, such as Laing Darling Ingredients, Inc. (US), Restaurant Technologies Inc. (US), Downey Ridge Environmental Company (US), Baker Commodities Inc. (US), Mopac (US), Grease Cycle LLC (US), have adopted various growth strategies, such as acquisitions, contracts, agreements, and new projects to increase their market shares and enhance their product portfolios.

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Scope of the Report

This research report categorizes the modular construction market based on type, generation, application, , and region.

Based on Type:

• Yellow grease
• Brown grease

Based on Generation:

• Yellow grease
  • Fuel
  • Pet food fillers
  • Others
• Brown grease
  • Fuel
  • Pet food fillers
  • Others

Based on Application

• Yellow grease
  • Restaurants/fast food restaurants
  • Food processing facility
• Brown grease
  • Restaurants/fast food restaurants
  • Food processing facility
  • Water treatment facility

Based on region:

• North America
  • US
  • Canada
  • Mexico

Recent Developments

• In March 2022, Downey Ridge Environmental Company, the developer of Greasezilla, partnered with LEND Environmental to accelerate the recycling of used cooking oil and grease trap waste across southern California. The additional sites will be set by the companies to separate waste input stream into oils, water and batter to regain beneficial organics for reuse as clean energy.
• Darling Ingredient, Inc. Patnered with Chick-fil-A, Inc. to turn used cooking oil into renewable fuel in march 2022.
• The Darling Ingredients company completed the acquisition of Brazil's largest independent rendering company, FASA Group, in August 2022.

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