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Global Food Waste Disposable Units Market Projected to Grow at 6.5% CAGR, Reaching $3.22 Billion by 2029
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Will the Food Waste Disposable Units Industry Market Size Be by 2025?
The market for food waste disposal units has experienced a consistent growth over the past few years. From being valued at $2.39 billion in 2024, it is projected to reach a value of $2.5 billion in 2025, increasing at a compound annual growth rate (CAGR) of 4.7%. Factors such as rising environmental consciousness, the appreciation for convenience and hygiene, urbanisation, and government initiatives have spurred the growth in this market during the historical period.
What's the Long-Term Growth Forecast for the Food Waste Disposable Units Market Size Through 2029?
In the coming years, the market size of food waste disposal units is predicted to experience robust growth. By 2029, it is projected to amplify to $3.22 billion, with a compound annual growth rate of 6.5%. This anticipated growth within the forecast period can be credited to elements such as sustainability and circular economy, urban housing, advancements in technology, and issues related to health and sanitation. Key trends during the forecast period involve smart and IoT-enabled units, programs for food recovery, inventive methods of disposal, and their integration with kitchen appliances.
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What Are the Key Growth Drivers Fueling the Food Waste Disposable Units Market Expansion?
The escalation in population, swift urban expansion, and growing consumerism fueled by escalating disposable income, are likely to amplify the necessity for food waste disposal units. As per the World Bank's predictions, the daily waste volume produced per individual is anticipated to climb to 1.42 kg by 2025. It is estimated by the International Solid Waste Association that the global volume of solid waste will witness an increase by a factor of 2.37 by 2050.
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What Are the Key Trends Driving Food Waste Disposable Units Market Growth?
Manufacturers of food waste disposal units are centering their efforts on the development of sophisticated eco-friendly technologies, like waste-to-energy solutions. These disposal systems process the waste into small particles that subsequently create biogas. This resulting biofuel biogas can then be harnessed to generate electricity.
How Is the Food Waste Disposable Units Market Segmented?
The food waste disposable units market covered in this report is segmented -
1) By Type: Shattered Type Disposers, Dry Type Disposers, Grinding Type Disposers
2) By Application: Commercial, Residential
Subsegments:
1) By Shattered Type Disposers: Single-Stage Shattered Disposers, Multi-Stage Shattered Disposers
2) By Dry Type Disposers: Manual Dry Type Disposers, Automatic Dry Type Disposers
3) By Grinding Type Disposers: Batch Feed Grinding Disposers, Continuous Feed Grinding Disposers
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Which Companies Are Leading the Charge in Food Waste Disposable Units Market Innovation?
Major companies operating in the food waste disposable units market include Anaheim Manufacturing Co, Emerson Electric Co, Franke Holding AG, Haier Group Corporation, Hobart Corporation, Whirlpool Corporation, InSinkErator, Apollo Kitchen Equipment & Services Pvt Ltd., WasteCare Corporation, MEIKO Clean Solutions Pvt Ltd., Komptech Americas LLC, Mavitec Group, Delitek AS, Unistone Electric Company, Disperator AB, EnviroPure Systems Inc., Wastequip LLC, BioHiTech Global Inc., Bokashicycle NVC LLC, WasteMaster Inc., Oklin International Ltd., Bioelektra Group, Bertin Medical Waste Sterilwave, Somat Corporation, Pulian International Enterprise Co Ltd., Go Green Environmental, Joraform AB, BinCrusher, BLANCO America Inc., Teka Group
Which Regions Are Leading the Global Food Waste Disposable Units Market in Revenue?
Asia Pacific was the largest region in the food waste disposable units market in 2024. The regions covered in the food waste disposable units market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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