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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 2022 to 2030.
Food Waste Management Market Overview:
Over the forecast period, the Food Waste Management Industry is expected to be driven by the rapidly developing foodservice industry. In fast service restaurants and other hotel chains, food wastage is relatively common. Furthermore, food waste has increased in the food supply chain during the previous decade, resulting in the installation of many systems that include aerobic and anaerobic digestion processes for food waste recycling. Food waste has been observed to be high in emerging and underdeveloped countries. To address this problem, governments in several nations are enacting strict rules and regulations to reduce food waste. Food waste management companies are mostly focused on the growing economies of the Asia Pacific region to raise consumer awareness about food waste and management.
Food Waste Management market size estimates and forecasts are provided in terms of sales volume (K units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global Food Waste Management market in detail. Regional market sizes related to products by type, by application, and by player are also delivered. In estimating the size of the market, we took into account the impact of COVID-19 and other global crisis.
The Food Waste Management market research report is categorized based on type, applications and region.
Market Key Players:
VEOLIA ENVIRONNEMENT, SUEZ, WASTE MANAGEMENT, REPUBLIC SERVICES, STERICYCLE, COVANTA HOLDING, REMONDIS, WASTE CONNECTIONS, CLEAN HARBORS, BIFFA GROUP, RUMPKE CONSOLIDATED, ADVANCED DISPOSABLE SERVICES, and others.
By Type:
By Application:
By Region:
Geographically, the global Food Waste Management market has been analysed in various regions such as North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA).
Europe dominates the food waste management market due to improper food management, overproduction, and rising negligence for food wasted in this region. North America is the expected region in terms of growth in food waste management market due to rising rapid urbanization and industrialization and rising usage of the organic waste for the production of animal feed and fertilizer in this region.
Further the regions are divided into countries as follows
Food Waste Management Market report scope
Report Attributes |
Details |
Growth Rate |
CAGR of 5.80% during the forecast period. |
By Type |
Cereals, Dairy Products |
By Application |
Animal Feed, Fertilizer, Biofuels, Power Generation |
By Companies |
VEOLIA ENVIRONNEMENT, SUEZ, WASTE MANAGEMENT, REPUBLIC SERVICES, STERICYCLE, COVANTA HOLDING, REMONDIS, WASTE CONNECTIONS, CLEAN HARBORS, BIFFA GROUP, RUMPKE CONSOLIDATED, ADVANCED DISPOSABLE SERVICES |
Regions and Countries Covered |
|
Base Year |
2022 |
Historical Year |
2017 to 2022 |
Forecast Year |
2023 to 2030 |
Key Takeaways from this Food Waste Management Report
Frequently Asked Questions
At what CAGR is the Food Waste Management market projected to grow in the forecast period 2022 to 2030?
What are the types of Food Waste Management market?
What are the applications of Food Waste Management market?
Who are the top players in Food Waste Management market?
Which application segment is expected to drive the growth of the Food Waste Management market in the next 5 years?
Which are the key deployments types adopting Food Waste Management market?