It is anticipated that the market for food waste management will be valued $35.2 billion in 2020 and $53.10 billion in 2028. Food waste management system sales are anticipated to increase at a CAGR of 5.5% over the course of the anticipated period. Attributes. Details.
The paper offers a global and regional overview and analysis of the market for food waste management. The study closely analyses industry-validated data, market rivalry, constraints, revenue projections, opportunities, and evolving trends. The report includes revenue projections for the years 2021 to 2028 as well as historical data from 2018 to 2020. (In $ US)
A rapidly expanding population, as well as rising manufacturing and consumption rates, has led to an increase in food waste. A change in consumer tastes and preferences, as well as their demand for new and exotic foods, tropical fruits, and imported goods, have fueled the growth of the worldwide food waste management market. The Global Food Waste Management Market study offers a comprehensive analysis of the market.
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Food Waste Management Market: Overview
The growth of the world’s population has given rise to new problems like food waste and food accumulation. Food waste has harmed the environment significantly, posed health risks, and reduced the amount of land available for food disposal. Therefore, it is crucial to address the problem of food waste while also putting in place effective reduction strategies, such as the application of industry-standard management practises known as food waste management solutions.
Also, a wide range of models and approaches are being investigated and developed for waste food processing and management activities. Anaerobic digestion has also been recognised as one of the most environmentally responsible and practical methods for managing food waste, and it has the potential to contribute.
Food Waste Management Market: Growth Drivers
Due to the requirement to decrease food waste and boost the efficiency of food supply chain operations, food waste management activities are in high demand. Aside from that, the growth of the food waste management industry has been significantly impacted by changes in eating habits. Solutions for managing food waste are becoming increasingly widespread as awareness of the need to minimise greenhouse gas emissions grows.
Food Waste Management Market: Competitive Landscape
Key players profiled in the report and leveraging growth of the food waste management market are FCC Environment Ltd., Veolia Environnement S.A., SUEZ, Waste Management Inc., Remondis SE & Co. KG, Stericycle Inc., Clean Harbors Inc., Covanta Holding Corporation, Advanced Disposable Services Inc., and Waste Connections Inc.
The global Food Waste Management Market is segmented as follows:
By Waste Type
Cereals
Dairy Products
Fruits & Vegetables
Processed Foods And Coffee Grounds & Tea
Meat
Fish & Seafood
Oilseeds & Pulses
By Application
Animal Feed
Fertilizers
Biofuel & Power Generation
By Process
Aerobic Digestion
Anaerobic Digestion
Incineration/Combustion
By Region
North America
The U.S.
Canada
Europe
France
The UK
Spain
Germany
Italy
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Southeast Asia
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
GCC
South Africa
Rest of Middle East & Africa
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