About Food Waste Disposer
Food waste disposer is a device which grinds waste food into small pieces (usually less than 2 mm) in such way as to pass through drainage pipe. Mostly, this device is electrically powered and installed between sink drain and trap. The demand for food waste disposer is expected to have considerable growth especially in hotels and restaurants where food wastage have been prevalence. Despite being the effective alternative to food waste management, food waste disposer are subjected to stringent government regulation as they end up polluting water.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
CAGR | 7.0% |
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. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Food Waste Disposer market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Emerson (United States), Anaheim (United States), GE (United States), Whirlpool (United States), Hobart (United States), Franke (Switzerland), Salvajor (United States) and FOODLINK FORUM (Netherlands) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Hindware Appliances (India), Waste Disposer (India), Kenmore (United Kingdom) and Aqua Enviro (United Kingdom).
Segmentation Overview
AMA Research has segmented the market of Global Food Waste Disposer market by Type (Pulverizing type and Drying type ) and Region.
On the basis of geography, the market of Food Waste Disposer 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). North America region held largest market share in the year 2023. If we see Market by End Users, the sub-segment i.e. Household will boost the Food Waste Disposer market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channels, the sub-segment i.e. Online will boost the Food Waste Disposer market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Demand for Easy to Install and Upgradable Food Waste Disposer System and Availability of Smart Food Waste Disposer System
Market Growth Drivers:
Growing Demand of Effective Waste Food Disposer in Hotels and Restaurants and Rising Household Installation of Food Waste Disposer
Challenges:
Controlling Wastage of Water and Water Pollution and Problem Associated with Bad Smell
Restraints:
Inability to Grind All Kind of Food Waste and High Cost Associated with Installation and Operating Food Waste Disposer
Opportunities:
Rising Disposable Income in Emerging Countries and Growing Smart House Construction
Market Leaders and their expansionary development strategies
In April 2023, Wastequip, another major player, acquired Wittmann USA, a leading manufacturer of kitchen and bath sinks and accessories. This could potentially impact future waste disposal technology as Wastequip expands its product portfolio.
Key Target Audience
Food Waste Disposer Manufacturers, Components Suppliers/Distributors, Raw Materials Suppliers, Government Agencies, Research Institutes, Potential Investors, Market Research Firms 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.