The market for food waste management is expected to be worth $35.2 billion in 2020 and $53.10 billion in 2028. Food waste management system sales are expected to grow at a CAGR of 5.5% over the forecast period. Attributes. Details.
The paper provides a global and regional overview and analysis of the food waste management market. The research looks in depth at 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)
Food waste has increased as the world’s population has grown, as have manufacturing and consumption rates. Consumer tastes and preferences, as well as their demand for new and exotic foods, tropical fruits, and imported goods, have fueled the global food waste management market’s growth. The Global Food Waste Management Market research report provides a thorough examination of the market.
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Food Waste Management Market: Overview
Food waste and food accumulation have become new issues as the world’s population has grown. Food waste has harmed the environment significantly, posed health risks, and reduced the amount of land available for food disposal. As a result, it is critical to address the issue of food waste while also implementing effective reduction strategies, such as implementing food waste management solutions, which are industry-standard management practises.
A variety of waste food processing and management models and approaches are also being researched and developed. Anaerobic digestion is also widely acknowledged as one of the most environmentally responsible and practical methods of dealing with food waste, and it has the potential to contribute.
Food Waste Management Market: Growth Drivers
Food waste management activities are in high demand as a result of the need to reduce food waste and improve the efficiency of food supply chain operations. Aside from that, the growth of the food waste management industry has been significantly impacted by changes in eating habits. Food waste management solutions are becoming more common as people become more aware of the need to reduce greenhouse gas emissions.
Food Waste Management Market: Competitive Landscape
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. are among the key players profiled in the report and leveraging growth in the food waste management market.
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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