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Worldwide Food Waste Management Market Growth, Top Key Players Review 2018 to 2023 | Veolia Environnement S.A., Republic Services, Stericycle, Covanta Holding Corporation and Waste Connections | In-depth Analysis Research Report

07-20-2018 08:37 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

Worldwide Food Waste Management Market Growth, Top Key Players

Market Overview:
Worldwide Government is the largest driving force behind the well spread awareness. Government entities appoint these companies active in Food Waste Management market to gain the support with the outreach programme spreading the awareness through social media, other publicity means and collateral materials bearing Food Waste Reduction messages.  Growing with the population upsurge, ecological concerns are worsening worldwide. Further prompting the need to use the available food resources wisely while controlling the wastages. Leverage to the initiative programs run by governments, people are increasingly becoming aware towards the advantages to saving the food resources.

The market is predominantly driven by the Food processing wastages worldwide.  Burgeoning Food & Beverages industry equally contributes to the market growth.  Moreover, the numerous systems implemented over the past decade such as aerobic and anaerobic digestion processes used for recycling food waste has proven to be significantly effective in controlling the food wasted in the supply chain.  This factor is one of the key propeller of the market.  Food companies are abreast already, and voluntarily contact the players operating in the market to gain their support & guidance for & managing the wastages occurring at each stage of production cycle. In addition, these market players also support various industry stakeholders to practice food waste management guiding them on how to reduce food waste across the supply chain.

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Furthermore, Food Waste Management companies conduct regional or countrywide surveys to understand the consumer pattern right from the food purchase, preparation, consumption to left over. Further guide them on the best practices to control wastages. The process of Food Waste Management does not end here and continues to the collection of food wasted during the production cycle & household left overs. The collected food is then transported to the processing (segregation, treatment & recycling) facilities and then packed and distributed to needy households. And here the process of food waste managements is accomplished. 

Leading Key Players:
Andritz Ag (Austria), Republic Services, Inc. (U.S.), Veolia Environnement S.A. (France), Waste Management, Inc. (U.S.), Waste Connections, Inc. (Canada), Covanta Holding Corporation (U.S.) and Stericycle, Inc. (U.S.) are some of the leaders driving the Global Food Waste Management Market. Profiling those in its analysis MRFR finds out their strategies placing them at the forefront of completion.

Industry/ Innovation/ Related News:
February 20, 2018 – University of California (US) announced that UCI along with some supermarkets, commercial catering businesses and restaurants are jointly running a programme to convert food wastage in to electricity. The programme involves a specialized process to mix the food waste through a bio slurry & pumped in to anaerobic digesters filled with bacteria that can break down the material, producing biogas containing methane which is further used to produce electricity. Some amount of the bio gas can also be converted into compressed natural gas to be used in vehicles as a cleaner bio fuel.

February 21, 2018 – The organisation, named Food Waste (Scotland) announced its partnership with the Binn Group, a waste management firm. The collaboration will be working on producing energy from wasted food using (food waste) company’s re-processor.

Segmentations:
For the convenience of the report and enhanced understanding; the report is segmented in to 3 key dynamics

By Processes: Comprises Anaerobic Digestion, Aerobic Digestion, Combustion and others.

By Food Waste Types: Processing Waste, Production Waste, Distribution and Supply Chain Waste, Retail Waste and Consumption Waste (household and food services).

By End Users: Fertilizer, Renewable Energy, Animal Feed, Biofuels and others.

By Regions: North America, Europe, APAC and Rest of the World.

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Regional Analysis:
North America is expected to continue with its dominance in the global Food Waste Management Market over the period 2017-2023. Rising support initiatives of waste management rendered by North America’s Solid Waste Association (SWANA) including storage of food left overs drives the regional growth predominantly.

Europe, on the other hand will account for the ~25% of the market share during the review period 2017-2023.

Whereas, Asia Pacific market is projected to emerge as the fastest growing market of Food Waste Management globally.

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com

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