The global Food Waste Management Market size is projected to reach USD 61.12 billion and is growing at a CAGR of 5.80% during the forecast period 2023 to 2030.
Market Overview
The research firm Contrive Datum Insights has just recently added to its database a report with the heading global Food Waste Management Market .Both primary and secondary research methodologies have been utilised in order to conduct an analysis of the worldwide Food Waste Management Market . In order to provide a comprehensive comprehension of the topic at hand, it has been summed up using appropriate and accurate market insights. According to Contrive Datum Insights, this worldwide comprehensive report is broken up into several categories in order to present the data in a way that is understandable, succinct, and presented in a professional manner. Over the next few years, the fast-growing foodservice industry is likely to drive the Food Waste Management Industry. Food is often thrown away in fast food restaurants and other hotel chains. Also, food waste has grown in the food supply chain over the past ten years, leading to the installation of many systems that recycle food waste through aerobic and anaerobic digestion. People have noticed that developing and developing countries waste a lot of food. Several governments are putting in place strict rules and regulations to stop food from going to waste. Food waste management companies mostly focus on the growing economies of the Asia-Pacific region to raise consumer awareness about food waste and management. Estimates and forecasts of the Food Waste Management market size are given in terms of sales volume (K units) and revenue (million USD), with data from 2017 to 2030, with 2022 as the base year. This report describes in detail the different parts of the global Food Waste Management market. Regional market sizes are also given for each product type, each application, and each player. When figuring out how big the market was, we took COVID-19 and other global crises into account.
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Segment Analysis
It encompasses the most important key players in the world’s various regions and contains them. In this research report, several different techniques that high-level industries have utilised to achieve their goals are discussed. In order to obtain a more in-depth analysis of a number of different businesses, player profiles of the most important top players have been developed. It is beneficial to have an understanding of the worldwide competition on both the domestic and international platforms.
It provides a detailed description of the drivers and opportunities in the Food Waste Management Market , which assists current customers and potential customers in gaining a clear vision and making decisions that are most effective for them. In order to discover the desired facts regarding the target market, various types of analysis models, such as Food Waste Management Market , are utilised. In addition to this, it includes a variety of different techniques for strategic planning, which encourages the way to define and develop the framework of the various industries. Based on the type of waste, fruits and vegetables were the most common and made up 41.2% of the global revenue share in 2021. This was because the produce wasn’t handled, stored, or processed properly. In the food management industry, market growth is likely to benefit from making it easier to get rid of waste from fresh fruits and vegetables. Based on the process, anaerobic digestion led the market and made up 46.2% of global revenue in 2021. This is because anaerobic digestion reduces the number of pathogens in food waste, which stops the spread of smells and diseases and promotes cleanliness and sanitation. In 2021, municipalities and households were the biggest end-users, making up 44.1% of global revenue. Families are likely to throw away more food because the population is growing quickly and people’s habits are changing. Based on how it was used, animal feed was the most popular product on the market in 2021 and made up 53.5% of global revenue. Feeding food waste to cattle as animal feed or after it has been rendered and processed does not cost anything extra.
Based on types, the Food Waste Management Market is segmented into:
- Cereals
- Dairy Products
Based on application, the Food Waste Management Market is segmented into:
- Animal Feed
- Fertilizer
- Biofuels
- Power Generation
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Regional Analysis
The global Food Waste Management market has been looked at in different parts of the world, like North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa (MEA). Europe is the leader in the market for managing food waste because of bad food management, overproduction, and a growing lack of care about food waste in this region. North America is expected to be the region with the most growth in the food waste management market. This is because the number of people living in cities and factories is growing quickly, and more organic waste is being used to make animal feed and fertilizer in this region.
Regional Food Waste Management Market coverage (Regional Status, Demand Forecast, Country Trends, etc.):
- North America, Europe, China, Japan, Southeast Asia, India.
- North America (USA, Canada, and Mexico).
- Europe (Germany, France, UK, Russia and, Italy).
- Asia-Pacific (China, Japan, Korea, India and, Southeast Asia).
Key segments covered in the Food Waste Management Market include:
- Food Waste Management Market Growth Drivers and Barriers.
- Market Trends, Market Opportunities, Porter’s Five Forces Analysis.
- Market Overview, Industry Development, Market Maturity, Value Chain Analysis.
- Regional and Country Level Analysis.
- Trends and Forecasts for Market Segments.
- Market Analysis and Various Recommendations.
- Key market forces.
Report Customization:
This report will be customized to your needs for additional data up to 5 companies or 5 countries or nearly 40 analyst hours.
https://www.contrivedatuminsights.com/product-report/food-waste-management-market-21624Key Market Participants in the Food Waste Management Market :
VEOLIA ENVIRONNEMENT, SUEZ, WASTE MANAGEMENT, REPUBLIC SERVICES, STERICYCLE, COVANTA HOLDING, REMONDIS, WASTE CONNECTIONS, CLEAN HARBORS, BIFFA GROUP, RUMPKE CONSOLIDATED, ADVANCED DISPOSABLE SERVICES, and others.
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