Press release
Food Waste Management Market Dynamics, Forecast, Analysis and Supply Demand 2017-2027
According to the latest report published by Future Market Insights (FMI), the global food waste management market is poised to increase at a CAGR of the 6.3% during the forecast period (2017-2027). Factors such as rapid rate of industrialisation, emergence of new markets for food waste management, and greater importance to innovation and R&D for developing efficient food waste management systems are expected to make a cumulative impact on the future prospect of the market. Moreover, in an effort to control food wastage, governments in many countries are now enforcing stringent laws on excessive food waste. In recent years, the participation of small and medium enterprises in the global food waste management market has escalated to a significant extent owing to increasing demand for streamlining food waste management procedures.Obtain Report Details @ https://www.futuremarketinsights.com/reports/food-waste-management-market
Some of the leading companies profiled in the FMI’s report include Waste Management, Inc, Advanced Disposal Services, Inc., Republic Services, Inc., Waste Connections Inc., Clean Harbors, Inc., Stericycle, Inc., FCC Environment Ltd., CT Environmental Group Ltd., Veolia Environnement SA, Recology Inc, OzHarvest Ltd., Boulder Food Rescue, Boston Area Gleaners, Inc. Amp Your Good LLC, The Sustainable Restaurant Association Ltd., 412 Food Rescue, Caritas Corporation, City Harvest Ltd., ExtraFood.org and Global Feedback Ltd. By emphasising on the development of innovative technologies, many of the companies are trying to expand their operations in several parts of the world. In addition, companies are increasingly targeting the rural areas as they still lack efficient food waste management systems or solutions. At the same time, automation and systemic segregation of food waste at source including industrial, commercial, and residential are likely to play an important part in streamlining food waste management.
North America at the Forefront of the Global Food Waste Management Market
Among all the regions, the food waste market in North America currently holds the top position. The federal government in the U.S. is promoting the construction of composting facility across the country. By the 2017-end, the region is projected to account for 36.1% value share of the global market. Meanwhile, both Western Europe and Asia Pacific excluding Japan (APEJ) are expected to remain the two other lucrative markets for food waste management over 2027.
Make an Enquiry @ https://www.futuremarketinsights.com/reports/sample/rep-gb-2749
Key Excerpts from the Report Include
-Based on end use, the majority of the food waste produced in the world is used as animal feed. Towards the end of 2027, the animal feed end use segment is expected to account for more than 42% share of the global market in terms of revenue.
-By waste type, the amount of waste that is generated while food processing is significantly high. The food processing wastes segment is expected to remain dominant throughout the forecast period, accounting for a revenue share of 41% by 2027.
-By service, the prevention segment is expected to remain dominant in 2017 and beyond. By 2027-end, this segment is expected to command for more than 55.3% revenue share of the market.
About Future Market Insights
Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India.
FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customised and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.
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