Food Waste Management Market Share, Size, Demand, Key Players by Forecast 2032

Food Waste Management Market size was valued at USD 40.28 Billion in 2022 and is projected to reach USD 64.30 Billion by 2030, growing at a CAGR of 4.65% from 2023 to 2030.

Food waste has increased due to a fast rising population, as well as an increase in manufacturing and consumption rates. The shift in customer tastes and preferences, as well as their proclivity for new and exotic food items, tropical fruits, and imported products, has fueled the worldwide food waste management market's expansion. The Global Food Waste Management Market research offers a comprehensive analysis of the market. The research provides a thorough examination of major segments, trends, drivers, restraints, the competitive landscape, and factors that are significant in the market.

Food waste includes food that has been served but not eaten or deteriorated, as well as peels and rinds that are deemed unfit for human consumption and are composted, anaerobically digested, landfilled, or combusted with energy recovery. It is difficult to recycle since it is mixed with other manure during collecting and contains salt, high sodium, and moisture levels. Food scraps, for example, contribute around 13% of total municipal solid trash created in the United States. According to the United States Environmental Protection Agency (USEPA), more than 35 million tonnes of food waste are disposed of in landfills or incinerators each year, accounting for roughly 40% of all food consumed in the country.

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The proportion of food waste in municipal garbage is growing. To ensure eco-friendly and sustainable disposal, a good food waste management strategy must be devised. Composting and anaerobic digestion are the two most prevalent ways for recycling food waste. Composting is the breakdown of biodegradable garbage in an enclosed vessel or underpass by naturally occurring bacteria with oxygen. It also offers a viable alternative to dumping food waste.

Global Food Waste Management Market Overview

The expanding food industry is a critical driver in the expansion of the food waste market, as is the fast growing urbanisation and industrialisation in emerging nations, which is boosting the use of organic waste for the production of animal feed and fertiliser. Increasing consumer taste and preference for new types of food and exotic food items, such as tropical fruits, premium coffee, and imported products, growing trade of food and food ingredients between various countries, which will lead to the development of new supply chains and increase food waste, and rising strict regulations imposed by the government and food management bodies are the major factors driving market growth.

Traditional waste disposal methods such as incineration and dumping have a negative impact on the environment and are therefore limitations for the Food Waste Management Market. The gases created as a result of this contribute to global warming and climate change. Furthermore, rising modernization in new goods offered in the industry and progressing research and development activities will produce new chances for the Food Waste Management industry in the near future.

Market Segmentation:

List of segments for the food waste management market:

Waste type:
Fruits and vegetables
Grains and cereals
Meat and poultry
Dairy products
Others
Waste source:
Households
Food manufacturers
Food retailers
Food service providers
Process:
Aerobic digestion
Anaerobic digestion
Incineration
Composting
Landfilling
Application:
Animal feed
Fertilizer
Biofuel
Power generation
End-use industry:
Agriculture
Food and beverage
Energy
Others (pharmaceuticals, cosmetics, etc.)

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Competitive Landscape:

Here are some key players in the food waste management market:

Waste Management Inc.
Veolia Environnement SA
SUEZ SA
Republic Services Inc.
Covanta Holding Corporation
Clean Harbors Inc.
Stericycle Inc.
Advanced Disposal Services Inc.
Waste Connections Inc.
Biffa Group Ltd.
Why to buy this Report?

The report provides quantitative and qualitative aspect for the market in terms of value and volume, along with supporting market trends, challenges, restraints.

The report provides an in depth analysis from both production and consumption point of view at the regional and country level. Key Factors considered within the report scope are Production capacity by countries/regions, average price, consumption ratio, revenue earned and gross margin.

The report provides competitive analysis of around 30-50 companies operated in the market, these companies are bifurcated into niche players, the leaders and major contenders. The companies are analyzed in terms of following factors such as:

§ Business Model

§ Production Capacity, Revenue, Sales, Gross Margin

§ Key Business Strategy

§ SWOT Analysis

In terms of competitive landscape, the report provides distinctive factors that would help the end user in taking a key decision within the business:

§ Company Share Analysis from 2018-2022

§ Company Analysis by Revenue and Sales

§ Company Production Capacity, Gross Margin

§ Company Share Analysis by Application/End Use

§ Company Share Analysis by Product/Specification

Key Points:
Define, describe and forecast Food Waste Management product market by type, application, end user and region.
Provide enterprise external environment analysis and PEST analysis.
Provide strategies for company to deal with the impact of COVID-19.
Provide market dynamic analysis, including market driving factors, market development constraints.
Provide market entry strategy analysis for new players or players who are ready to enter the market, including market segment definition, client analysis, distribution model, product messaging and positioning, and price strategy analysis.
Keep up with international market trends and provide analysis of the impact of the COVID-19 epidemic on major regions of the world.
Analyze the market opportunities of stakeholders and provide market leaders with details of the competitive landscape.

Years considered for this report:
Historical Years: 2016-2021
Base Year: 2021
Estimated Year: 2022
Forecast Period: 2022-2030

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