About Kitchen Waste Management
Kitchen waste management includes the management of food waste and other waste generated in the kitchen effectively and efficiently so that the waste which ends up rotting in the landfills doesn't adversely affect the environment. The waste generated in the kitchen falls under three categories liquid, chemical, and catering waste which includes vegetable peels, plastics, packaging, etc. Mostly teh large amount of kitchen waste is generated by households, restaurants, hotels, supermarkets, etc.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 6.0% |
Key players are adopting numerous strategies to gain market attention and to increase their market share, this strategy can be listed as increasing product portfolio, making partnerships to adopt certain technologies, and acquiring small players to finish the competition in the future. As well as investing money in the R&D sector to make technical upgrades to the product. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Business Waste Ltd (United Kingdom), Republic Services, Inc (United States), Casella Waste Systems (United States), Keenan Recycling Ltd (United Kingdom), Cawleys (United Kingdom), Thermocouple Technology, LLC (United States), JWC Environmental (Sulzer Company) (United States), Biffa plc (United Kingdom), Cleanaway Waste Management Limited (Australia), KS Environmental Pty Ltd. (Australia), Recycle Track Systems (United States), Eco Guardians (Australia) and InSinkErator (Emerson Electric) (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Kitchen Waste Management market by Type (Vegetable Peels, Plastics, Glass, Packaging Cardboard and Others), Application (Home and Commercial) and Region.
On the basis of geography, the market of Kitchen Waste Management has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Equipments, the sub-segment i.e. Dustbins will boost the Kitchen Waste Management market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Waste, the sub-segment i.e. Liquid Waste will boost the Kitchen Waste Management market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Household will boost the Kitchen Waste Management market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Automation in Kitchen Waste Management and Recycling Operations
Market Growth Drivers:
Growing Number of Kitchen Waste Products as there is Rise in Consumption of Advanced Products and Need for Managing All Type of Kitchen Waste Produced on a Daily Basis for Hygiene and Safety
Challenges:
Stiff Competition in the Kitchen Waste Management Market
Restraints:
Safety Related Risk with the Kitchen Waste Products Consisting of Sharp Products Requires Professional to Manage the Kitchen Waste
Opportunities:
Surging Number of Waste Management and Recycling Awareness Programs will Boost the Kitchen Waste Management Market
Market Leaders and their expansionary development strategies
In September 2023, Wastequip, Inc., a leading manufacturer of waste and recycling equipment, acquired Advanced Disposal Services, Inc., a waste collection and recycling company with a strong presence in the Southeast US. This expands Wastequip's reach and offerings in kitchen waste solutions.
In July 2023, Italian company, Enel X, unveiled its "Wasteless" system, an in-sink food waste disposer that converts food scraps into bio-slurry for agricultural use. This product aims to offer a convenient and sustainable solution for kitchen waste disposal.
Key Target Audience
Kitchen Waste Management Service Providers, Kitchen Waste Management Industry Association, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.