Food Waste Management Market: Major Trends Reshaping the Future of the Industry

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What Will the Food Waste Management Industry Market Size Be by 2025?
In the past few years, the size of the food waste management market has seen substantial progress. Projected growth indicates an increase from $74.48 billion in 2024 to a whopping $78.82 billion in 2025, which equates to a compound annual growth rate (CAGR) of 5.8%. This growth during the historic phase is due to factors such as regulatory mandates and compliance, enhanced environmental awareness, reduction in costs and optimization of resources, the influence of corporate social responsibility (CSR), along with public awareness and educational promotion.

What's the Long-Term Growth Forecast for the Food Waste Management Market Size Through 2029?
In the upcoming years, the food waste management market is anticipated to witness significant growth, with its market size predicted to increase to $99.89 billion in 2029 at a compound annual growth rate (CAGR) of 6.1%. This growth over the forecast period can be credited to initiatives within the circular economy, governmental incentives and policies, and a growing consumer demand for sustainability. The forecast period will also see key trends such as emerging food waste recovery technologies, concentrated efforts on consumer education and the alteration of behaviour, the launch of apps to monitor food waste, the application of circular economy practices, and worldwide initiatives to tackle food loss and waste.

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What Are the Key Growth Drivers Fueling the Food Waste Management Market Expansion?
The escalation in organic municipal waste is anticipated to stimulate the expansion of the food waste management market. The term organic municipal waste relates to municipal solid waste (MSW) which contains bio-degradable organic materials from living creatures. Food waste management serves as an essential part of the comprehensive management of organic municipal waste, incorporating food waste, yard waste, and other bio-degradable materials which could be managed efficiently and sustainably through proper food waste management strategies. For instance, the gov.uk website documented in September 2024 that the UK sent 6.3 million tons of bio-degradable municipal waste to the landfill in 2022, 81% of which was contributed by England. England produced 5.1 million tons of the total bio-degradable waste the UK dispatched to the landfill that year. Consequently, the surge in organic municipal waste is predicted to fuel the growth of the food waste management market. The food waste management market has another growth driver, which is the funding initiatives by the Government. The increase in governmental funding for waste disposal is anticipated to foster the expansion of the food waste management market. Government funding refers to financial support from a government body given to different organizations, initiatives, programs, or individuals on federal, state, or local scales. Numerous governmental authorities are financing waste disposal programs to aid food waste management. For instance, in September 2023, the United States Environmental Protection Agency, a US governmental agency, launched the Solid Waste Infrastructure for Recycling Grant Program to support the construction of a better America by minimizing or eradicating water resource pollution and enhancing the planning and management of solid waste sites. The program was authorized by Our Seas 2.0 Act and funded via the Infrastructure Investment and Jobs Act which allocated $275 million for solid waste infrastructure for recycling grants. Thus, the rise in government funding for waste disposal is steering the food waste management market's growth.

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What Are the Key Trends Driving Food Waste Management Market Growth?
Top firms in the food waste management market, such as the Tesco Tinder online marketplace, are turning to innovation and new technology to enhance their market returns. Tesco Tinder is an emerging online platform that lets suppliers deal with surplus goods, thereby reducing waste and manufacturing costs. For example, in December 2022, Tesco PLC, a retail company based in the UK, introduced an app named Tesco Tinder. This app increases supply chain effectiveness by linking suppliers with excess stock to other Tesco suppliers who require it. This reduces the amount of food waste caused by overproduction or inefficient supply chain oversight. Tesco Tinder underscores the importance of promoting sustainable activity by reducing waste and advocating for the recycling of surplus stock.

How Is the Food Waste Management Market Segmented?
The food waste management market covered in this report is segmented -

1) By Waste Type: Cereals, Dairy And Dairy Products, Fruits And Vegetables, Meat And Poultry, Fish And Seafood, Oilseeds And Pulses, Roots And Tubers, Other Waste Types
2) By Service: Collection, Transportation, Disposal And Recycling
3) By Source: Residential, Industrial
4) By Application: Feed, Fertilizers, Biofuel, Power Generation, Other Applications
5) By End-User: Primary Food Producers, Food Manufacturers, Food Distributors And Suppliers, Food Service Providers, Municipalities And Households

Subsegments:
1) By Cereals: Wheat, Rice, Corn
2) By Dairy And Dairy Products: Milk, Cheese, Yogurt
3) By Fruits And Vegetables: Fresh Produce, Processed Fruits And Vegetables
4) By Meat And Poultry: Beef, Pork, Chicken
5) By Fish And Seafood: Fresh Fish, Processed Seafood
6) By Oilseeds And Pulses: Soybeans, Lentils
7) By Roots And Tubers: Potatoes, Carrots
8) By Other Waste Types: Bakery Products, Packaged Foods

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Which Companies Are Leading the Charge in Food Waste Management Market Innovation?
Major companies operating in the food waste management market report are Veolia Environnement S.A., Waste Management Inc., Remondis SE & Co. KG, Republic Services Inc., FCC Environment Limited, DS Smith PLC, Suez S.A., Waste Connections Inc., Hearthside Phood Solutions LLC, Clean Harbors Inc., Cleanaway Waste Management Limited, Covanta Ltd., Covanta Holding Corp., Cleanaway Waste Management Ltd., Advanced Disposal Services Inc., Biffa Group Ltd., Implexians Eco Solutions Pvt. Ltd., Casella Waste Systems Inc., Rumpke Consolidated Companies Inc., FCC Recycling (UK) Limited, Lakeshore Recycling Systems LLC, Biancamano S.p.A, Enerkem Inc., Copia Pbc, Goodr Inc., Modern Waste Products Inc., Eoms Recycling Inc., Ecofast Italia S.R.L., Kitro S.A., Missouri Organic Recycling

Which Regions Are Leading the Global Food Waste Management Market in Revenue?
North America was the largest region in the food waste management market in 2024. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the food waste management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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