Food Waste Management Market to Reach USD 109.8 Billion by 2034, Growing from USD 65.0 Billion in 2025 - SRI

London, UK - August 2026 | Strategic Revenue Insights Inc. - A continent-wide deadline is forcing businesses to rethink what happens to unsold food: the European Union has set a target to halve food waste by 2030, and that regulatory push is pulling companies across the supply chain toward more sustainable waste management practices well ahead of the deadline. According to a new report from Strategic Revenue Insights, the global food waste management market was valued at USD 65.0 billion in 2025 and is forecast to reach USD 109.8 billion by 2034, reflecting a CAGR of 6.00% from 2026 to 2034. The findings are based on primary interviews with waste management operators, food manufacturers, and municipal and regulatory stakeholders, combined with secondary data across Asia Pacific, North America, Latin America, Europe, and Middle East & Africa, according to lead analyst Sandeepa Kulkarni.

Key Takeaways

• The food waste management market is valued at USD 65.0 billion in 2025 and is projected to reach USD 109.8 billion by 2034, growing at a CAGR of 6.00%.
• Fruits & Vegetables remains the largest waste type segment, while Insect Protein Conversion is the fastest-growing segment as sustainable protein solutions gain traction.
• Digital transformation, including IoT and data analytics, is enhancing waste collection and processing efficiency and driving down costs.
• North America leads the market on advanced waste management infrastructure, while Asia Pacific is the fastest-growing region.
• Veolia, SUEZ, and Waste Management Inc. are among the top competitors, backed by comprehensive waste management solutions and strong market presence.

Full report access: https://www.strategicrevenueinsights.com/industry/food-waste-management-market

EU Targets and Circular Economy Models Reshape Waste Handling

Regulatory pressure is the clearest force behind this market's expansion. Governments worldwide are implementing policies to cut food waste, a major contributor to greenhouse gas emissions, with the European Union's target to halve food waste by 2030 encouraging businesses to adopt more sustainable practices well ahead of the deadline. This regulatory push is reinforced by growing consumer awareness and demand for eco-friendly products, pushing companies to innovate and invest in sustainable waste management solutions.

The shift toward circular economy models is a second major driver. Rather than treating food waste as a liability, companies increasingly view it as a resource, fueling development of technologies like anaerobic digestion and insect protein conversion that turn waste into biogas and animal feed. This shift is attracting significant investment from both public and private sectors as stakeholders recognize the long-term economic and environmental value of sustainable waste management.

Digital transformation is reinforcing these shifts on the operational side. Companies are using data analytics and IoT solutions to optimize waste collection and processing, tracking waste generation patterns and identifying inefficiencies to implement targeted interventions. Regional collaboration is also playing a growing role, with companies forming alliances with local governments and NGOs to develop integrated waste management solutions tailored to specific regional needs.

Market Segmentation

By Waste Type: Fruits & Vegetables holds the largest share, driven by the high volume of waste generated from these products and growing demand for solutions that convert it into biogas and compost. Meat, Poultry & Seafood is another significant segment requiring specialized processing such as rendering and anaerobic digestion, with insect protein conversion emerging as a way to address this waste stream while supporting demand for sustainable protein sources.

By Process: Anaerobic Digestion and Composting are the most widely adopted methods, with anaerobic digestion valued for converting waste into renewable biogas and composting favored for its simplicity and ability to produce nutrient-rich soil amendments. Insect Protein Conversion is an emerging, fast-growing process that uses insects to convert food waste into high-quality protein for animal feed and other applications, driven by demand for sustainable protein sources.

By Source: Households are the largest contributor to food waste, presenting opportunities for companies to develop user-friendly waste reduction technologies and services tailored to consumers. Food Manufacturing & Processing is another important source requiring specialized solutions like anaerobic digestion and rendering, given the high volume of waste generated at that stage.

By Service: Collection & Logistics is a critical service component, with companies investing in advanced logistics and digital technologies like IoT and data analytics to improve efficiency and cost-effectiveness. Processing & Treatment is another important service segment, with companies developing technologies such as anaerobic digestion and composting to convert waste into valuable resources more efficiently.

Regional Outlook

North America is the largest regional market, driven by advanced waste management infrastructure. Asia Pacific is the fastest-growing region, expected to post the highest growth rate over the forecast period. Europe, Latin America, and Middle East & Africa round out the report's regional coverage.

Competitive Landscape

Veolia holds a significant market share, offering a comprehensive range of services including waste collection, recycling, and resource recovery, backed by advanced waste processing technologies and strong global partnerships with governments and businesses. SUEZ is known for innovative waste management solutions and a strong research and development focus that has produced cutting-edge waste processing technologies, reinforced by strategic partnerships worldwide. Waste Management Inc. rounds out the leading players, holding a significant share in North America through a comprehensive range of collection, recycling, and disposal services backed by an extensive facility network and strong local government partnerships.

Market Restraints

High initial costs for implementing new waste processing technologies can be a barrier for small and medium-sized enterprises, limiting their ability to compete with larger players. An increasingly complex and stringent regulatory landscape also poses challenges for businesses working to comply with evolving standards, with those that fail to adapt risking loss of competitive edge and market share.

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Frequently Asked Questions

How big is the food waste management market?

The market was valued at USD 65.0 billion in 2025 and is projected to reach USD 109.8 billion by 2034, growing at a CAGR of 6.00%.

What is driving growth in the food waste management market?

Growth is driven by regulatory pressure to reduce food waste, including EU targets to halve waste by 2030, along with the shift toward circular economy models and growing adoption of digital waste management technologies.

Which region leads the food waste management market?

North America is the largest regional market on advanced waste management infrastructure, while Asia Pacific is the fastest-growing region.

Who are the key companies in the food waste management market?

Leading companies include Veolia, SUEZ, and Waste Management Inc.

About Strategic Revenue Insights Inc.

Strategic Revenue Insights Inc., part of SRI Consulting Group Ltd, is a London-headquartered market intelligence firm that helps organizations across industries and geographies make evidence-based revenue and strategy decisions. The firm produces syndicated research reports and customized consulting engagements built on rigorous market sizing, forecasting, and competitive benchmarking, drawing on a globally connected team of analysts and consultants.

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