About Food Waste Management
Food waste management is managing the food wast so that it couldn't affect the environment badly. The poor management of food wast might cause the loss of natural resources, health issue, pollution in the environment, creation poof of deadly gas emissions from landfills. The food wast management helps in the conservation of energy, the food waste can produce biofuels, fertilizers for agriculture, animal feed, etc. It also reduces deforestation like cutting down trees for various purposes.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 5.0% |
The market is seeing moderate market players, by seeing huge growth in this market the key leading vendors are highly focusing on production technologies, efficiency enhancement, and product life. There are various growth opportunities in this market which are captured by leading players via tracking the ongoing process enhancement and huge investment in market growth strategies. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Food Waste Management market throughout the forecasted period. 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.
Veolia Environnement S.A (France), Suez (France), WM Intellectual Property Holdings, L.L.C. (United States), Stericycle (United States), Covanta Holding Corporation (United States), REMONDIS (Australia), Waste Connections of Washington, Inc. (United States) and Advanced Disposal Services, Inc. (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Food Waste Management market by , Application (Animal Feed, Fertilizer, Biofuels and Power Generation) and Region.
On the basis of geography, the market of Food 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 Process, the sub-segment i.e. Anaerobic will boost the Food Waste Management market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Food Waste, the sub-segment i.e. Cereals will boost the Food Waste Management market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Source, the sub-segment i.e. Primary Food Producers will boost the Food Waste Management market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The Increasing Use of Food Waste Management for the Conversion of Waste to Fertilizers, Animal Feed and Biofuels
Market Growth Drivers:
Rising Environmental Pollution and its Impact Around the Globe and Need for Conservation of Energy and reduction in Deforestation
Challenges:
The Requirement of Advanced Technology for the Food Waste Management
Restraints:
Stringent Regulatory Guidelines on Food Waste Management
Opportunities:
Growing Municipalities Food Waste will Boost the Food Waste Management Market and Increasing Government Spendings on Food Waste Management
Market Leaders and their expansionary development strategies
In November 2023, Apeel, a food coating company, launched a new coating for avocados that extends their shelf life by up to two weeks. This innovation can help reduce food waste in the avocado supply chain.
Key Target Audience
Food Waste Management Companies, Food 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.