Food Waste Management Market

According to a research report "Food Waste Management Market by Waste Type (Cereals, Dairy & Dairy Products, Fruits & Vegetables, Meat & Poultry, Fish & Sea Food, Oilseeds & Pulses, Roots & Tubers and Others), Process (Aerobic digestion (composting), Anaerobic digestion, Incineration/ combustion and Others), Service (Collection, Transportation and Disposal/Recycling {Landfill, Incineration, Composting and Others}), Application (Feed, Fertilizers, Biofuel, Power Generation and Others) & Region - Global Forecast to 2030".

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• 160 - Market Data Tables 
• 72 - List of Figures
• 210 - Pages

Market Overview: The expansion of the food industry plays a crucial role in driving the food waste market's growth. This is fueled by the swift urbanization and industrialization in developing nations, which, in turn, increases the utilization of organic waste for producing animal feed and fertilizer. The market is further propelled by the rising consumer preference for novel and exotic food options, such as tropical fruits, premium coffee, and imported products. Additionally, the escalating global trade of food and food ingredients between countries is leading to the establishment of new supply chains, contributing to an increase in food waste. The market growth is also influenced by stringent government regulations and oversight from food management bodies.

Market Dynamics

Drivers:

• Rise in Global Food Waste
• Increase in Usage of Organic Waste for the Production of Animal Feed and Fertilizers
• Need for Reducing Greenhouse Gas Emissions

Opportunities:

• Lack of Integrated Waste Management in the Private Sector in Asia
• Need for Generating an Alternate Source of Energy
• Emergence of Technologies for Waste Disposal

The market for Food Waste Management is dominated by North America.

In 2022, North America emerged as the market leader. Factors such as damage to food products, overproduction, inadequate cold-chain infrastructure, stringent food-grading specifications, standardized date labeling practices, and fluctuating customer demand all contribute to the dynamics of food waste management in North America.

The Asia Pacific region is projected to experience a compound annual growth rate (CAGR) over the forecast period. The food and beverage industry plays a significant role in the economic development of this region. Anticipated growth in food trade, coupled with increasing regional and national specialization, is expected to contribute substantially. With a growing population and rising income levels, the food sector is poised for rapid expansion during the forecast period, driving market growth in the Asia Pacific region.

Key Players covered in the market report:

• Biffa
• Clean Harbors, Inc.
• Cleanaway
• Covanta Ltd.
• DS Smith
• FCC Recycling (UK) Limited
• Recology Inc.
• Remondis SE & Co.
• KG
• Republic Services, Inc.
• Rumpke
• Suez
• Veolia
• Waste Connections Inc.
• Waste Management, Inc

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Segmentations Analysis of Food Waste Management Market: -

• By Waste Type
• By Process
• By Service
• By Application
• By Region

Recent Development: In January 2023, Courtenay had introduced a weekly collection for food waste. Residents participating in the city's residential curbside collection program was able to avail themselves for the newly launched weekly food waste collection service, with an addition to the organics program. The establishment of the new Comox Strathcona Waste Management (CSWM) Regional Compost Facility had played a role in providing this additional waste diversion option.

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