Press release
Food Waste Management Market is expected to reach USD 102.4 billion by 2030 : Cognitive Market Research
Food Waste Management Market is expected to reach USD 102.4 billion by 2030 : Cognitive Market Research
- Food waste management is the process of reducing and preventing the generation of food waste and handling the food waste that is generated in a sustainable manner. It involves a range of activities, such as reducing food waste at the source, composting organic waste, and recovering edible food that would otherwise go to waste for distribution to those in need.
The goal of food waste management is to reduce the environmental impact of food waste and to conserve resources. In addition, managing food waste in a sustainable manner can also provide economic benefits, such as reducing costs for waste disposal and reducing the need for new food production.
Summary:
• The Global Food Waste Management Market is projected to grow at a CAGR of 5.6% during the forecast period of 2023-2030.
• The growing food service industry across the world, the change in consumer tastes and preferences, the increasing burden of uneaten food and kitchen waste on the environment, and rising consumer awareness about the wastage of food are the major driving factor for the growth of the Food Waste Management market.
• North America accounted for the largest market share in the Global Food Waste Management Market.
"To know more The Food Waste Management Market statistics click here: https://www.cognitivemarketresearch.com/food-waste-management-market-report
Market Dynamics:
- The growing food service industry across the world and the change in consumer tastes and preferences and their propensity towards new and exotic food items and the increasing demand for imported foods have increased the growth of the food waste management market. Moreover, the increasing burden of uneaten food and kitchen waste on the environment and rising consumer awareness about the wastage of food are driving market growth. Furthermore, increasing the adoption of food waste management by end-use industries and strict government regulations are supporting the growth of the market.
Market Segmentation:
Waste Type:
• Cereals
• Dairy & Dairy Products
• Fruits & Vegetables
• Meat & Poultry
• Fish & Seafood
• Oilseeds & Pulses
• Roots & Tubers
• Others
Based on waste type, the Fruits & Vegetables segment holds the major share in the market owing to the increasing loss of fruits & vegetables due to a lack of proper handling, storage, and processing of the produce.
Source:
• Residential
• Commercial
• Industrial
Based on the source, the residential segment accounted for a major market share. This attributed to the changing consumer food preferences, growing population and changing lifestyle is anticipated to boost the growth of the market.
Service Types:
• Collection
• Transportation
• Disposal/Recycling
Based on Service Type, the Disposable/recycling segment holds the major market share owing to eliminating flies and rodents from the facility, increasing hygiene by eliminating odour problems, and producing quality compost products.
The Major Players in Food Waste Management Market are:
Givaudan S.A., Symrise AG, International Flavors Fragrances Inc., Firmenich SA, Sensient Technologies Corporation, Takasago International Corporation, Frutarom Industries Ltd., Robertet SA, S H Kelkar and Company Limited, International Taste Solutions Ltd, Dohler GmbH, Blue Pacific Flavors, Archer Daniels Midland Company, Fona International Inc., Jean Gazignaire S.A., Fleurchem Inc., Comax Flavors, Abelei Inc., Teawolf Inc., Mane SA
Get free sample pages of latest published Food Waste Management Report:
https://www.cognitivemarketresearch.com/food-waste-management-market-report#request_sample
Regional Analysis:
- North America is a leading region of the Food Waste Management market.
North America accounted for the largest share of 2022 in the Food Waste Management market. This is attributed to the increasing concern regarding food waste, increasing support and initiatives in waste management and varying customer demand are supporting the market growth.
News:
- SUEZ reintegrates a major UK waste business after acquiring it from Veolia.
In December 2022, SUEZ has announced it has completed the acquisition of its former waste management assets in the UK from Veolia. The reintegration of SUEZ recycling and recovery UK, the SUEZ reaffirms its commitment to one of the most important waste markets in Europe. This expertise is expected to strengthen the Group's leadership position in new waste treatment methods
Browse here for Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Food Waste Management Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Segmentation
1.5.1 Regional Fragmentation
1.5.1 Market Players
• 1.6 Report Duration
Chapter 2 Research Methodology
Chapter 3 Executive Summary
Chapter 4 Global Food Waste Management Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
• 5.1 Global Food Waste Management Market Revenue and Share by Manufacturers (2018-2022)
• 5.2 Global Mergers and Acquisition Analysis
• 5.2 Global New Launches Analysis
Chapter 6 Qualitative Analysis
Chapter 7 Company Profiling (Subject to Availability)
Chapter 8 Global Food Waste Management Market by Waste Type Segmentation Analysis (2018-2030)
Chapter 9 Global Food Waste Management Market by Source Segmentation Analysis (2018-2030)
Chapter 10 Global Food Waste Management Market by Service Types Segmentation Analysis (2018-2030)
Chapter 11 Global Food Waste Management Market Regional Analysis
Chapter 12 North America Food Waste Management Market Outlook (2018 - 2030)
Chapter 13 Europe Food Waste Management Market Outlook (2018 - 2030)
Chapter 14 Asia Pacific Food Waste Management Market Outlook (2018 - 2030)
Chapter 15 Latin America Food Waste Management Market Outlook (2018 - 2030)
Chapter 16 Middle East and Africa Food Waste Management Market Outlook (2018 - 2030)
Chapter 17 Research Findings
To know more Food Waste Management Market TOC click here: https://www.cognitivemarketresearch.com/food-waste-management-market-report#table_of_contents
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𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
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Illinois, 60602
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Website: https://www.cognitivemarketresearch.com/about-us
About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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