Food Waste Management Market will Reach 53.51 billion by 2026 | Veolia, Suez Environment, Waste Management,Republic Services, Inc., Stericycle,Waste Connections
Global Food Waste Management Market is expected to rise from its initial estimated value of USD 33.6 billion in 2018 to an estimated value of USD 53.51 billion by 2026, registering a CAGR of 5.99% in the forecast period of 2019-2026. Increasing food wastage around world is the major factor for the growth of this market.Few of the major competitors currently working in the food waste management market are Veolia, Suez Environment, Waste Management, Inc., Republic Services, Inc., Stericycle., Covanta Holding Corporation, REMONDIS SE & Co. KG., Waste Connections, CLEAN HARBORS, INC., Biffa, Rumpke, Advanced Disposal Services, Inc., FCC Environment, Liquid Environmental Solutions, GRUNDON.
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Global Food Waste Management Market By Process (Aerobic Digestion, Anaerobic Digestion, Incineration/Combustion, Others), End User (Primary Food Producers, Food Manufacturers, Food Distributors & Suppliers, Food Service Providers, Municipalities & Households), Application (Animal Feed, Fertilizers, Biofuel, Power Generation, Renewable Energy), Waste Type (Cereals, Dairy Products, Fruits & Vegetables, Meat, Fish and Sea Food, Oilseeds & Pulses, Processed Food, Coffee Grounds & Tea), Method (Prevention, Recovery, Recycling, Collection, Landfill, Transfer, Others), Product (Artificial, Organic, Natural), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) - Industry Trends and Forecast to 2026
Market Definition: Global Food Waste Management Market
Food waste is that food either it is liquid or solid which is uneaten or abandoned. Food waste management is a process in which all the activities and actions are taken to take this waste from commencement to their final clearance. Collection, treatment, disposable are some of the important steps in the food waste management. Growth in the food industry is the major factor which is fuelling the growth of this market.
Market Drivers:
o Rapid urbanization and industrialization in developing countries is driving the growth of this market
o Increasing usage of the organic waste for the production of animal feed and fertilizer is another factor driving the market
Market Restraints:
o Harmful effect on the environment due to pyre techniques is another factor restraining the market
o Increasing population due to which there is reduction in consumption losses is another factor restraining the market
Segmentation: Global Food Waste Management Market
By Process
o Aerobic Digestion
o Anaerobic Digestion
o Incineration/Combustion
o Others
By End User
o Primary Food Producers
o Food Manufacturers
o Food Distributors & Suppliers
o Food Service Providers
o Municipalities & Households
By Application
o Animal Feed
o Fertilizers
o Biofuel
o Power Generation
o Renewable Energy
By Waste Type
o Cereals
o Dairy Products
o Fruits & Vegetables
o Meat
o Fish and Sea Food
o Oilseeds & Pulses
o Processed Food
o Coffee Grounds & Tea
Key Developments in the Market:
o In January 2018, an innovative recycling scheme has been launched in private property management service in Toronto, Canada whose main aim is to convert the waste food into reusable soil. It is done by the Bentall Kennedy's property management team and Hop Compost and Waste Solutions. Patented technologies will be used to convert this food waste into nutrient rich compost.
o In June 2016, At the Global Green Growth Forum (3GF) 2016 Summit many organisations that they will be joining Food Loss and Waste Accounting and Reporting Standard. The main aim is to reduce food loss. This standard will help the companies and government to stop the food wastage, save resources and make sure that the sufficient of food is available for the people.
Major Table of Contents of Food Waste Management Market:
1 Market Overview
2 Competitions by Players
3 Competitions by Types
4 Competitions by Applications
5 Production Market Analysis by Regions
6 Market Analysis by Region
7 Imports and Exports Market Analysis
8 Players Profiles and Sales Data
9 Upstream and Downstream Analyses
10 Market Forecast (2018-2025)
11 Research Findings and Conclusion
Free Table Of Contents Is Available Here@https://www.databridgemarketresearch.com/toc/?dbmr=global-food-waste-management-market&skp
Competitive Analysis:
Global food waste management market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of food waste management market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
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