The Food Waste Management Market is expected to be worth $35.2 billion in 2020 and $53.10 billion by 2028. Throughout the projected period, sales of food waste management systems are expected to expand at a CAGR of 5.5%. Attributes. Details. The market’s CAGR (2021 to 2028). Food waste has risen in tandem with population growth, as have manufacturing and consumption rates.
The study provides an overview and analysis of the Food Waste Management Market on a global and regional scale. The research examines market competition, restraints, revenue predictions, opportunities, shifting trends, and industry-validated data in depth. The study contains historical data from 2018 to 2020, as well as revenue forecasts from 2021 to 2028. (In US dollars).
Food waste has increased as a result of a rapidly growing population, as well as higher manufacturing and consumption rates. The rise of the global food waste management market has been propelled by a shift in client tastes and preferences, as well as their penchant for new and exotic food items, tropical fruits, and imported products. The Global Food Waste Management Market research provides a thorough examination of the market.
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Food Waste Management Market: Overview
Food waste and food accumulation are new issues that have arisen as a result of the world’s population development. Food waste has caused major environmental damage, health problems, and a scarcity of land for food disposal. As a result, there is an urgent need to address the issue of food waste while also implementing appropriate methods to reduce it, such as the use of standard management techniques known as food waste management solutions.
Furthermore, numerous models and methodologies for waste food processing and management activities are researched and devised. Furthermore, anaerobic digestion has been identified as one of the most environmentally benign and viable ways for food waste management, and it has the potential to contribute.
Food Waste Management Market: Growth Drivers
Food waste management activities are in high demand due to the need to increase the efficiency of food supply chain operations and reduce food waste. Aside from that, changes in eating habits have had a substantial impact on the expansion of the food waste management industry. Food waste management solutions are getting more popular as the need to reduce greenhouse gas emissions on the environment develops.
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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