Food Waste Management Market Global Production, Growth, Shar usiness Demands, Type and Application, Forecast to 2029

Food Waste Management Market is segmented by waste type, application, end-users and process. Based on waste type, the market is segmented into cereals, dairy products, fruit & vegetable, meat, fish & seafood, oilseeds & pulses, processed food, and coffee grounds & tea.

Food Waste Management Market was valued at USD 42.65 Billion in 2022, and it is expected to reach USD 63.30 Billion by 2029, exhibiting a CAGR of 5.8% during the forecast period (2023-2029).

Food Waste Management Market Overview:

The market research study Food Waste Management investigates and assesses the market's position during the forecast period. It is comprehensive research that focuses on primary and secondary drivers, market share, leading segments, and regional analysis. The study also examines prominent persons, big partnerships, mergers, and acquisitions, as well as current innovation and corporate strategy.

Market Scope:

We looked at the Food Waste Management Market from every perspective possible, using both primary and secondary research methodologies. This increased our understanding of current market dynamics such as supply-demand imbalances, pricing trends, product preferences, and customer habits, among other things. The data is then compiled and assessed using a range of market estimation and data validation methodologies. Furthermore, we have an in-house data forecasting system that forecasts market growth until 2029.

Following the completion of market engineering, which included calculations for market statistics, market size estimations, market projections, market breakdown, and data triangulation, extensive primary research was conducted to obtain information and verify and validate key numbers. Top-down and bottom-up strategies, as well as several data triangulation procedures, were often used throughout the market engineering process to perform market estimating and forecasting for the overall market segments and sub-segments discussed in this research. In order to give vital information throughout the report, extensive qualitative and quantitative analysis is done on all data gathered throughout the market engineering process.

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Segmentation:

waste type

 Due to inadequate handling, storage, and processing of the produce, fruits and vegetables dominated the market and made up 41.2% of global revenue in 2022. Market expansion for the fruits and vegetable segment is anticipated to benefit from easier waste control of fresh products in the food management sector. The Food and Agriculture Organisation (FAO) claims that more than 45% of the fruits and vegetables grown worldwide are wasted.

process

Given that the food waste handled by anaerobic digestion has a lower number of germs and thus prevents the spread of odour and illnesses and promotes cleanliness and sanitation, anaerobic digestion dominated the market and accounted for a 46.2% of worldwide revenue in 2022. This process fosters market growth by aiding in the recovery of nutrients and energy from waste. Combustion/incineration technology is used for all types of food waste, saving time and money on trash sorting.

by Waste Type
Cereals
Dairy Products
Fruit & Vegetable
Meat
Fish & Seafood
Oilseeds & Pulses
Processed Food
Coffee Grounds & Tea

by Process
Aerobic Digestion
Anaerobic Digestion
Incineration/ Combustion
Others

by Application
Feed
Fertilizers
Biofuel
Power Generation

by End-User
Primary Food Producers
Food Manufacturers
Food Distributors & Suppliers
Food Service Providers
Municipalities & Households
 

Key Players:

Primary and secondary research are used to identify industry leaders, and primary and secondary research are used to estimate market revenue. The core study included in-depth interviews with key thought leaders and industry specialists such as seasoned front-line employees, CEOs, and marketing personnel. In-depth interviews with important thought leaders and industry professionals such as experienced front-line staff, CEOs, and marketing personnel were conducted as part of the primary study. Primary research comprised in-depth interviews with key thought leaders and industry professionals such as experienced front-line staff and marketing personnel, while secondary research included a review of the main manufacturers' annual and financial reports. Secondary data is utilized to compute percentage splits, market shares, growth rates, and global market breakdowns, which are then checked using primary data. The players highlighted in this report are as follows:

 1.Veolia Environnement
2. SUEZ
3. Waste Management, Inc.
4.Republic Services, Inc.
5.Covanta Ltd.
6.Stericycle, Inc.
7. Advanced Disposal Services, Inc.
8.Waste Connections, Inc.
9.FCC Environment
10. Remondis SE & Co. KG
11.Clean Harbors, Inc.

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Regional Analysis:

The research includes both qualitative and quantitative data and provides an in-depth look into the Food Waste Management industrial sector by region. It provides an overview and prediction of the global Food Waste Management market segment by segment. It also projects and estimates the market size for five key regions from 2022 to 2029: North America, Europe, Asia-Pacific, the Middle East, Africa, and South America. The Food Waste Management market in each area is further segmented into regions and sectors. The research studies and anticipates a wide range of nations, as well as current trends and opportunities in the sector.

COVID-19 Impact Analysis on Food Waste Management Market:

We investigated and analyzed the Global Food Waste Management Business Expansion Strategy post-COVID-19, by organizational strategic analysis, landscape, category, utilization, and leading countries, which encapsulates and analyses the global Food Waste Management industry's potential, providing statistical data on market trends, growth regulators, major challenges, PORTER analysis, and market entry strategy analysis, prospects, and forecasts. The primary goal of the study is to provide industrial enterprises with a strategic analysis of COVID-19's impact. Simultaneously, this research examined key nations' marketplaces and emphasized their market potential in post-pandemic situations.

Key Questions Answered in the Food Waste Management Market Report are:

  • What are the most promising high-growth opportunities in the global Food Waste Management sector, as defined by product category, End User, and Region?
  • Which Food Waste Management market segments will expand the fastest, and why?
  • Which regions will have the fastest growth, and why?
  • What are the primary elements influencing Food Waste Management market dynamics? What are the primary drivers and obstacles in the Food Waste Management market?
  • What are the Food Waste Management market's weaknesses and threats?

 

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Rushikesh Harer

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