According to the current analysis of Reports and Data, the Global Food Waste Management Market was valued at USD 34145.7 Million in 2018 and is expected to reach USD 52195.6 Million by the year 2026, at a CAGR of 5.4%. Accumulation of food wastage is becoming a critical problem worldwide. Increasing wastes is posing various threats like environmental pollution, scarcity of dumping land, and health risks to individuals. Moreover, such wastes are increasingly contributing to carbon footprint and greenhouse emissions. According to the Food and Agriculture Organization (FAO) of the United Nations, around 1.3 billion tons of food, which account for one-third of the world’s food, is either lost or wasted.
Impacts of such wastes include GHG emission and climate change, water footprint, nutrient loss, sanitation, ecological impacts, and economic impacts. Greenhouse gases like CO2, methane and nitrous oxide are emitted at various stages of its life cycle including processing, refrigerating, transporting, and disposing of wastes in landfills or dumpsites
In low-income countries, almost 50% of the total wastes are left uncollected, and around 60% of it consists of food and organic material. The main drivers of Food Waste Management include services, manufacturing, wholesale and retail, and households. Prevention of wastage, redistribution to people, sending to animal feed, recycling by composting, incineration with energy recovery, and proper disposal are the critical steps in the Food waste management market.
Get a sample of the report: @ https://www.reportsanddata.com/download-free-sample/1923
The Food Waste Management market investigation report assesses the global market for the Food Waste Management industry and provides revenue and capability forecasts for the projected period of 2023-2027. The factors that drive the industry's growth are highlighted in the report. The report divides the Food Waste Management market into main categories such as forms, applications, end-users, technology, and others for a better understanding. These segments are thoroughly examined in order to provide a more accurate outlook for the global and regional markets. The report also examines the industry's major players, including their product portfolios, company overviews, strategic growth strategies, revenue generation, market share and size, geographic presence, and development and manufacturing capabilities.
Some of the Leading Market Players Are Listed Below:
- Veolia Environment,
- Suez,
- Waste Management Inc.,
- Stericycle Inc.,
- Waste Connection Inc.,
- Clean Harbors Inc.,
- Advanced Disposable Services,
- Remondis SE Co Kg,
- Biffa Group Limited
- Republic Services Inc
Market Overview:
All enterprises involved in the processing, packaging, and distribution of raw food materials fall within the food and beverage sector. Fresh and packaged meals, as well as alcoholic and nonalcoholic beverages, are all included. Apart from drugs, this industry touches every product designed for human consumption.
As a result of the current economic depression caused by the Covid-19 outbreak, consumers are seeking to save as much money as possible. Consumers are doing so in a variety of ways, including buying more generic things and cooking their own meals instead of going out. As a result, food processing companies are getting more creative in order to reduce the cost of goods sold, attract more customers, and increase profit margins.
Obesity has a tremendous impact on the global food and beverage industry. The desire for healthful foods has grown, as has the demand for more detailed nutritional information. Companies have responded by launching lower-calorie foods and tightening control over how their brand is viewed in response to both of these changes. Companies want to be viewed as a healthy brand, thus they support activities that indicate this, such as youth sports. There has even been talk of levying a tax on foods linked to obesity to deter people from eating them.
Purchase Premium Report: @ https://www.reportsanddata.com/report-pricing/1923
Market Segmentation:
Type of Waste Outlook (Revenue, USD Million; 2017-2027)
- Fruits vegetables
- Dairy products
- Cereals
- Meat
- Fish seafood
- Oilseeds pulses
- Others
Process Outlook (Revenue, USD Million; 2017-2027)
- Aerobic digestion
- Anaerobic digestion
- Incineration/ combustion
- Others
Source Outlook (Revenue, USD Million; 2017-2027)
- Primary food producers
- Food manufacturers
- Food distributors suppliers
- Food service providers
- Municipalities households
Application Outlook (Revenue, USD Million; 2017-2027)
- Animal feed
- Fertilizers
- Biofuel
- Power generation
- Others
The report is written with the aid of industry analysts, market segmentation, and data collection in order to assist readers in making profitable business decisions. The report includes a comprehensive database of technical and product advances. It also provides information on growth rates and market value, as well as a thorough examination of niche market segments. The report provides strategic advice to newcomers and existing businesses about how to make profitable and well-informed business decisions.
The Food Waste Management market has been segmented into key regions of the world and offers an analysis of growth rate, market share, current and emerging trends, production and consumption ratio, industrial chain analysis, demand and supply, import and export, revenue contribution, and presence of key players in each region. A country-wise analysis of the market is offered in the report to gain a better understanding of the regional spread and progress of the Food Waste Management market.
The Global Food Waste Management Market Is Segmented Into:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Questions Addressed in the Report:
- What are the dominating factors that are influencing the growth of the industry?
- In the forecast period, which market segment is expected to rise the most?
- What are the risks and challenges that the industry is facing?
- In the coming years, which area is projected to dominate the market?
- Who are the major players in the market? What kind of strategic business plans have they made?
Request a customization of the report: @ https://www.reportsanddata.com/request-customization-form/1923
Thank you for taking the time to read our article. The report can be tailored to the needs of the client. Please contact us for more details, and our team will tailor the report to your specific requirements.
Explore Trending Research Reports by Reports and Data:
Snack Pellet Equipment Market: https://www.reportsanddata.com/report-detail/snack-pellet-equipment-market
Snack Pellets Market: https://www.reportsanddata.com/report-detail/snack-pellets-market
Sodium-Ion Battery Market: https://www.reportsanddata.com/report-detail/sodium-ion-battery-market
Soft Magnetic Materials Market: https://www.reportsanddata.com/report-detail/soft-magnetic-materials-market
Soil Management Market: https://www.reportsanddata.com/report-detail/soil-management-market
Soil Stabilization Market: https://www.reportsanddata.com/report-detail/soil-stabilization-market
Solid Oxide Fuel Cell Market: https://www.reportsanddata.com/report-detail/solid-oxide-fuel-cell-market
Sorghum Market: https://www.reportsanddata.com/report-detail/sorghum-market
About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.
Contact Us:
John W
Head of Business Development
Reports and Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
