Press release
The Global Food Waste Recycling Machine Market Is Estimated To Have An Absolute $ Opportunity Of USD 2.5 Billion During The Assessment Period Of 2022-2032
The global food waste recycling machine market accounts for ~1% of the global waste management market in 2022. The global food waste recycling machine market is estimated to have an absolute $ opportunity of USD 2.5 Billion during the assessment period of 2022-2032.Environmental concerns about food landing up in landfills have become a major issue worldwide. Therefore, manufacturers have come up with food waste recycling machines that can be installed in residential and commercial areas to recycle food waste.
Manufacturers have introduced machines that can recycle food waste and convert it into compost in less than 24 hours. This is likely to expand the market by 1.7X in the coming years.
๐๐ผ๐๐ป๐น๐ผ๐ฎ๐ฑ ๐๐ฟ๐ฒ๐ฒ ๐ฆ๐ฎ๐บ๐ฝ๐น๐ฒ ๐๐ผ๐ฝ๐ ๐ผ๐ณ ๐๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐:https://www.factmr.com/connectus/sample?flag=S&rep_id=2266
๐๐ผ๐ป๐๐ฒ๐ฟ๐๐ถ๐ผ๐ป ๐ผ๐ณ ๐๐ผ๐ผ๐ฑ ๐ช๐ฎ๐๐๐ฒ-๐๐ป ๐๐ณ๐ณ๐ฒ๐ฐ๐๐ถ๐๐ฒ ๐ฆ๐๐ฒ๐ฝ ๐๐ผ๐๐ฎ๐ฟ๐ฑ๐ ๐ฅ๐ฒ๐ฐ๐๐ฐ๐น๐ถ๐ป๐ด
The trend of converting food waste into fertilizer is increasingly embraced as one of the eco-friendly and effective ways of food waste recycling. This trend is attracting manufacturers to scale up the product as per the convenience of end-user.
For instance, 'Zera food recycler' introduced by Whirlpool converts the waste food into organic fertilizer within 24 hours. In addition to this, 'Harvester' launched by WISErg, is an easy-to-use and self-contained machine, which converts food waste into organic fertilizers. All the above-listed factors, is expected to boost the demand for food waste recycling machines by 2.1X during the forecast years of 2022-2032.
๐๐น๐ผ๐ฏ๐ฎ๐น ๐๐ผ๐ผ๐ฑ ๐ช๐ฎ๐๐๐ฒ ๐ฅ๐ฒ๐ฐ๐๐ฐ๐น๐ถ๐ป๐ด ๐ ๐ฎ๐ฐ๐ต๐ถ๐ป๐ฒ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฏ๐ ๐๐ฎ๐๐ฒ๐ด๐ผ๐ฟ๐
By Capacity :
โข 0-50 Kg/Day
โข 50-100 Kg/Day
โข 101-300 Kg/Day
โข 301-500 Kg/Day
โข 501-1,000 Kg/Day
โข Above 1,000 Kg/Day
By Sales Channel :
โข Online Sales Channel
โข Offline Sales Channel
By End-User :
โข Food Processing Centre's
โข Restaurants & Hotels
โข Schools & Universities
โข Composting Sites
โข Others
By Region :
โข North America
โข Latin America
โข Europe
โข East Asia
โข South Asia
โข Oceania
โข MEA
๐๐ฎ๐๐ฒ๐ด๐ผ๐ฟ๐-๐๐ถ๐๐ฒ ๐๐ป๐๐ถ๐ด๐ต๐๐
๐ช๐ต๐ถ๐ฐ๐ต ๐ฒ๐ป๐ฑ-๐๐๐ฒ๐ฟ ๐๐ฒ๐ด๐บ๐ฒ๐ป๐ ๐ต๐ผ๐น๐ฑ๐ ๐บ๐ฎ๐ท๐ผ๐ฟ ๐บ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐๐ต๐ฎ๐ฟ๐ฒ ๐ถ๐ป ๐๐ผ๐ผ๐ฑ ๐ช๐ฎ๐๐๐ฒ ๐ฅ๐ฒ๐ฐ๐๐ฐ๐น๐ถ๐ป๐ด ๐ ๐ฎ๐ฐ๐ต๐ถ๐ป๐ฒ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ถ๐ป ๐ฐ๐ผ๐บ๐ถ๐ป๐ด ๐๐ฒ๐ฎ๐ฟ๐?
Restaurants and hotels hold 32.4% of the overall market and are expected to show a higher growth rate in the future. The shift of food waste from landfills to energy plants as a trend in waste management is offering abundant opportunities for the manufacturers of food waste recycling machines.
The sales of food waste recycling machines are concentrated in the restaurant's industry as the restaurant's chains are embracing the idea of installing food waste recycling machines. Thus, leading to the greater adoption of food recycling machines in restaurants and hotels. Thus, the segment is projected to grow at a CAGR of 4.2% during the forecast years of 2022-2032.
๐๐ฒ๐ ๐๐๐๐๐ผ๐บ๐ถ๐๐ฎ๐๐ถ๐ผ๐ป ๐ผ๐ป ๐๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐ณ๐ผ๐ฟ ๐ฆ๐ฝ๐ฒ๐ฐ๐ถ๐ณ๐ถ๐ฐ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต ๐ฆ๐ผ๐น๐๐๐ถ๐ผ๐ป๐:https://www.factmr.com/connectus/sample?flag=RC&rep_id=2266
๐ช๐ต๐ถ๐ฐ๐ต ๐๐ฒ๐ด๐บ๐ฒ๐ป๐ ๐๐ป๐ฑ๐ฒ๐ฟ ๐ฐ๐ฎ๐ฝ๐ฎ๐ฐ๐ถ๐๐ ๐ถ๐ ๐ฒ๐ ๐ฝ๐ฒ๐ฐ๐๐ฒ๐ฑ ๐๐ผ ๐๐ต๐ผ๐ ๐ต๐ถ๐ด๐ต๐ฒ๐ฟ ๐ด๐ฟ๐ผ๐๐๐ต ๐ถ๐ป ๐๐ผ๐ผ๐ฑ ๐ช๐ฎ๐๐๐ฒ ๐ฅ๐ฒ๐ฐ๐๐ฐ๐น๐ถ๐ป๐ด ๐ ๐ฎ๐ฐ๐ต๐ถ๐ป๐ฒ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐?
The 0-50 Kg/Day segment under capacity currently holds a major market share i.e. 21.7% of the overall food waste recycling machine market share. The segment is projected to grow at a CAGR of 5.4% during the forecast years of 2022-2032 owing to the increase in adoption of the smaller machines at restaurant chains and hotels. With the increase in the number of restaurant chains and hotels, and the growing food wastage issue, the adoption of food waste recycling machines is likely to witness an increase.
๐๐ผ๐บ๐ฝ๐ฒ๐๐ถ๐๐ถ๐๐ฒ ๐๐ฎ๐ป๐ฑ๐๐ฐ๐ฎ๐ฝ๐ฒ: ๐ง๐ผ๐ฝ ๐๐ผ๐บ๐ฝ๐ฎ๐ป๐ถ๐ฒ๐ ๐ถ๐ป ๐๐ผ๐ผ๐ฑ ๐ช๐ฎ๐๐๐ฒ ๐ฅ๐ฒ๐ฐ๐๐ฐ๐น๐ถ๐ป๐ด ๐ ๐ฎ๐ฐ๐ต๐ถ๐ป๐ฒ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐
The global food waste recycling machine market is highly fragmented and competitive owing to the existence of many domestic and regional players. Various marketing strategies are adopted by key players such as mergers and acquisitions, expansions, collaborations and partnerships.
Also, new product development as a strategic approach is adopted by the leading companies to upscale their market presence among consumers. These strategies have resulted in the incorporation of advanced food waste recycling machine.
Fact.MR has provided detailed information about price points of top manufacturers of food waste recycling machine market positioned across regions, sales growth, production capacity, and speculative technological expansion in the recently published report.
For instance:
1. Maeko, invented the machine in the year 2021, which crushes the food waste and produces bio-organic compost in an anaerobic environment that is ready to use within a day. It also uses a bio-enzyme filtration system that breaks down all types of food waste and eliminates odors and unpleasant smells. In addition to this, its range of industrial composters is used at hotels, restaurants, schools, shops and even at homes.
2. WLabs recently introduced Zera Food Recycler, a kitchen appliance that can convert food waste to fertilizer in less than 24 hours. It converts nearly 95% of household waste into homemade fertilizer via a fully automated process.
๐๐ฒ๐ ๐๐ผ๐บ๐ฝ๐ฎ๐ป๐ถ๐ฒ๐ ๐ฃ๐ฟ๐ผ๐ณ๐ถ๐น๐ฒ๐ฑ:
โข BioHiTech Global
โข Emerson Electric Co.
โข KCS Engineering
โข Oklin International
โข Enic Co. Limited
โข Hungry Giant Recycling
โข Bhor Engineering Company
โข Weimar Biotech
โข IMC WasteStation
โข Ridan Composting Ltd.
๐๐ผ๐ฟ ๐ถ๐ป-๐ฑ๐ฒ๐ฝ๐๐ต ๐ฐ๐ผ๐บ๐ฝ๐ฒ๐๐ถ๐๐ถ๐๐ฒ ๐ฎ๐ป๐ฎ๐น๐๐๐ถ๐, ๐๐๐ ๐ก๐ผ๐ -https://www.factmr.com/checkout/2266
๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐ฆ๐๐บ๐บ๐ฎ๐ฟ๐
The study offers comprehensive analysis on diverse features, including speculative and current installed base, unit production, type-wise pricing, revenue growth and list of consumers with installation base, product enhancements, and revenue generation from butyric acid derivatives across the globe.
A comprehensive estimate on the market has been provided through an optimistic scenario as well as a conservative scenario, taking into account revenue through butyric acid derivatives during the forecast period.
๐๐ผ๐ฟ ๐ ๐ผ๐ฟ๐ฒ ๐๐ป๐๐ถ๐ด๐ต๐๐:
https://www.prnewswire.com/news-releases/global-metals-in-electric-vehicle-charging-infrastructure-market-to-accumulate-us-10-bn-by-2032--latest-factmr-study-301486392.html
https://www.prnewswire.com/news-releases/hybrid-designs--developed-infrastructure-will-augment-global-sales-of-bicycles-reaching-us-138-bn-by-2032-factmr-301486472.html
https://www.prnewswire.com/news-releases/promising-tech-savvy-gadgets-adoption-to-push-quantum-dot-display-market-past-us-67-79-bn-by-2032--latest-factmr-study-301487285.html
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