Organic Waste Market Share Anticipated to Climb to USD 53.46 Billion by 2030

Considering the Organic Waste Market Share scenario, it is estimated that the market will grow from USD 39.02 billion in 2023 to USD 53.46 billion by 2030, at a CAGR of 4.6% during the forecast period. The source of this expansion is mainly through population growth in developing markets like China and India, coupled with urbanisation and industrialisation. In addition, increasing need for waste management and sustainability is driving the growth of investments into technologies for processing organic waste.

Market Drivers and Opportunities for the Growth of the Market

As the human population around the world increases and urban areas continue to grow, so too does the amount of food produced, eaten and dumped, leading to an increase in organic waste generation. More than 40% of fruits and vegetables are lost when handled poorly and stored in unfavorable conditions, as well as being affected by changing climates. The high recycling potentials for this waste along with other organic materials create the market spaces for the recycling industry to convert these materials into bioenergy, fertilizers, and compost by driving demand for advanced waste processing technologies.

Discover In-Depth Insights: Get Your Free Sample of Our Latest Report Today @ https://www.maximizemarketresearch.com/request-sample/102098/ 

Segmentation Analysis

Organic waste market on the basis of type, source, end-user and treatment technology

Classified by Type· life kitchen waste :· cooked food, kitchen debris · food waste from hotels, restaurants, and households A major reason this kind of waste occurs is improper food storage leading to food spoilage. The organic waste component includes the paper products part, and also human waste.

Based on End-User, Organic waste from Industrial sector is the top contributor and Food and beverages industry is the significant source The waste produced here is mostly treated into biofuels or biogas in specific plants. Organic waste produced in fertilizers second largest end-user is agricultural sector. Municipalities are also involved in waste collecting and Disposal.

On the basis of Treatment Technology, the market share is in favour of the combustion and incineration segment in the global natural gas treating market due to its ease of use and economical nature. India, Japan, Denmark, Sweden are the few countries where these methods are being used at a large scale to produce electricity. Then comes the aerobic treatment section, where organic substances are broken down using oxygen and good bacteria growth is possible.

Country-Level Analysis

US: The US continues to dominate the organic waste market due to high organic material consumption along with stringent government regulations for preventing food waste. Local cities in the country have introduced waste-to-energy program, using local organic waste for production of biogas and biofuel, which fuels continents market growth.

Germany is a pioneer of both waste management technologies and policies in Europe. It has extensive recycling and waste management schemes, using organic waste for bioenergy production. Market Synopsis: Increasing adoption of sustainable waste management solutions will augment the growth of the market.

China: On the other hand, China is the most populated country in the world, with urbanization developing at a high rate, and therefore they are producing the most organic waste on the planet. The increasing attention of the Chinese government towards enhancing waste management infrastructure and adopting more sustainable practices in agriculture are likely to promote the growth of the market.

India is experiencing huge generation of organic waste due to population growth and rapid urbanization. Nevertheless, the national trend of composting and biogas production will benefit the organic waste market. Supportive government initiatives and development of composting solutions will boost growth, especially rising organic farms.

Brazil is experiencing growth in organic waste processing, mostly for bioenergy in Latin America. With an increasing focus on sustainable practices and waste-to-energy technologies, demand for organic waste will propel the growth in the country.

Discover Key Insights: Request a Free Sample of Our Report Today @ https://www.maximizemarketresearch.com/request-sample/102098/ 

Competitor Analysis

Prominent organic waste market players are:Veolia North AmericaWaste Management, Inc.Covanta EnergyClean HarborsStericycle These firms heavily focus on waste processing technologies in order to make the process more efficient and to subsequently lower the operational costs.

Veolia- A waste and recycling giant focusing on organic waste-to-energy conversion and composting. It has grown its business by buying up smaller waste-management companies and extending its market reach.

Waste Management, Inc.: Count on Waste Management to continue pushing the envelope in its new technologies for sorting and handling solid waste and recycling items, and converting organic matter into renewable resources such as biogas. Growing market share of the company The growing network of waste-to-energy plants of the company

Covanta Energy -- A waste-to-energy company, continues to expand its portfolio with these technologies to discover the most effective methods for energy conversion, particularly for organic waste based molecules. Of late, we partnered with municipalities on projects of size to divert waste frin landfills by scaling up composting and making it even more sustainable.

Clean Harbors has acquired organic waste recycling and disposal services, further strengthening its waste management portfolio. Combining its efforts toward organic waste and hazardous waste management makes the company a major player in the market.

Stericycle has shifted its efforts to concentrating on environmental management and sustainability, offering options for waste-organic recycling. It is becoming more actively involved in generating agricultural waste recycling and compost solutions.

Simply Click Here To Buy Full Report @ https://www.maximizemarketresearch.com/checkout/?method=PayPal&reportId=102098&type=Single%20User 

Conclusion

The global organic waste market is set to grow at a sizeable rate, primarily due to the international demand and supply for sustainable waste management and recycling solutions. The growing awareness of the environmental menace posed by waste will further drive the demand for advanced waste treatment technologies such as composting and waste-to-energy. Initiatives by the government with a focus on new methods of processing waste will be decisive in the shaping up of the organic waste market. The organic waste market is likely to become a dynamic space, with opportunities for growth and innovation in the years ahead as major players investing in new technologies and expanding the range of their service offerings.

Explore More: Visit our website for Additional reports:

Agricultural Waste Market https://www.maximizemarketresearch.com/market-report/agricultural-waste-market/214223/ 

Solid Waste Management Market https://www.maximizemarketresearch.com/market-report/solid-waste-management-market/221732/ 

Food Waste Disposers Market https://www.maximizemarketresearch.com/market-report/global-food-waste-disposers-market/84654/ 

About Maximize Market Research:

Maximize Market Research is a global market research and business consulting firm with offices in India, the USA, and the UAE. Our contribution to revenue and our mission-driven nature of research translates to being one of the proud partners of majority of Fortune 500 companies. Serving all major industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare etc., we have a diversified industry portfolio.

Contact Maximize Market Research:

MAXIMIZE MARKET RESEARCH PVT. LTD.

⮝ 3rd Floor, Navale IT park Phase 2,

Pune Banglore Highway, Narhe

Pune, Maharashtra 411041, India.

✆ +91 9607365656

🖂 sales@maximizemarketresearch.com

🌐 www.maximizemarketresearch.com