Global Food Waste Management Market Report Size, Trends & Growth Opportunity, By Waste Type (Cereals, Dairy & Dairy Products, Fruits & Vegetables, Meat & Poultry, Fish & Seafood, Oilseeds & Pulses, Roots & Tubers, Others), By Source (Residential, Industrial), By Service Types (Collection, Transportation, Disposal/Recycling, Landfill, Incineration, Composting, Others), By Region (North America, Europe, Asia Pacific, Latin America, Middle East) And Forecast Till 2027.
Global Food Waste Management Market
The Global Food Waste Management Market is predicted to become USD 38.30 Bn in 2021 and forecasted to reach USD 56.31 Bn by 2027, growing at a CAGR of 5.3%.
Food that has been served but not eaten or spoiled peels and rinds considered inedible sent to feed animals, composted, anaerobically digested, or landfilled or combusted with energy recovery denotes Food waste. It comprises a salt, high sodium, and moisture levels mixed with other manure during collection, hence it is difficult to recycle.
Market Drivers
One of the major driving factors for the growth is Strict regulations of governments universally for better waste management and environmental protection; Certain administrations have made it a priority to run awareness campaigns that stress the value of trash management and garbage separation. Also, technological advancements and shortened life cycles of electronic products help in increasing e-waste. Furthermore, growing consumer taste and preference for new types of food and exotic food items, like tropical fruits, premium coffee, and imported products, as rising trade of food and food ingredients between several countries will lead to the development of new supply chains and upsurge the food waste will drive the growth of the market.
Market Restraints
The restraining factors that hinder the Food Waste Management Market growth are the use of traditional waste disposal methods like incineration and dumping, which negatively affect the environment. Moreover, an important threat from inappropriate garbage disposal is also a major restraining factor for the market. And improper garbage disposal can have a substantial impact on the health of those who live near polluted areas or landfills.
Market Segmentation
The food Waste Management Market is segmented into major 4 categories. Based on Waste Type, the market is segmented into Cereals, Dairy & Dairy Products, Fruits & Vegetables, Meat & Poultry, Fish & Seafood, Oilseeds & Pulses, Roots & Tubers, and Others. Based on Service Types, the market is divided into Collection, Transportation, Disposal/Recycling, Landfill, Incineration, Composting, and Others. Based on By Source, the market is segmented into Residential, Industrial. The market is classified depending on geography into North America, Europe, Asia Pacific, Latin America, Middle East.
Regional Analysis
Depending on the Geographical area North America dominated the Global Food Waste Management Market because of the Solid Trash Association of North America's (SWANA) growing support and initiatives in waste management, which comprise residential, institutional, commercial, and industrial waste storage to reduce waste in North America. Inadequate food management, overproduction, and disregard for food waste are expected to cause the Europe region to have significant development with the greatest CAGR during the projected period.
Market Key Players
Several promising players in the industry in the Global Food Waste Management Market are Veolia Environnement, Waste Management, Inc., Remondis SE & Co. KG, Clean Harbors, Inc., Advanced Disposal Services, Inc., Republic Services, Inc., FCC Environment Ltd., Stericycle, Inc., Covanta Holding Corporation, and Waste Connections, Inc.
Industry development
To grant the latter's activities with best-in-class status in terms of trash processing and management, Clean Harbors teamed up with a top production plant, 3M, in August 2021.
Veolia joined the UK Food Waste Reduction Roadmap initiative on January 1, 2020, becoming the very first recycling and garbage company to do so. The initiative aims to assist organizations in reducing food waste by 50% by 2030.
Global Food Waste Management Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Food Waste Management Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Food Waste Management Market, By Waste Type
5.1 Y-o-Y Growth Comparison, By Waste Type
5.2 Food Waste Management Market Share Analysis, By Waste Type
5.3 Food Waste Management Market Size and Forecast, By Waste Type
5.3.1 Cereals
5.3.2 Dairy & Dairy Products
5.3.3 Fruits & Vegetables
5.3.4 Meat & Poultry
5.3.5 Fish & Seafood
5.3.6 Oilseeds & Pulses
5.3.7 Roots & Tubers
5.3.8 Others
6 Food Waste Management Market, By Source
6.1 Y-o-Y Growth Comparison, By Source
6.2 Food Waste Management Market Share Analysis, By Source
6.3 Food Waste Management Market Size and Forecast, By Source
6.3.1 Residential
6.3.2 Industrial
7 Food Waste Management Market, By Service Types
7.1 Y-o-Y Growth Comparison, By Service Types
7.2 Food Waste Management Market Share Analysis, By Service Types
7.3 Food Waste Management Market Size and Forecast, By Service Types
7.3.1 Collection
7.3.2 Transportation
7.3.3 Disposal/Recycling
7.3.3.1 Landfill
7.3.3.2 Incineration
7.3.3.3 Composting
7.3.3.4 Others
8 Food Waste Management Market, By Region
8.1 Food Waste Management Market Share Analysis, By Region
8.2 Food Waste Management Market Share Analysis, By Region
8.3 Food Waste Management Market Size and Forecast, By Region
9 North America Food Waste Management Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 North America Food Waste Management Market Share Analysis, By Waste Type
9.3 North America Food Waste Management Market Size and Forecast, By Source
9.4 North America Food Waste Management Market Size and Forecast, By Service Types
9.5 North America Food Waste Management Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 Europe Food Waste Management Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Europe Food Waste Management Market Share Analysis, By Waste Type
10.3 Europe Food Waste Management Market Size and Forecast, By Source
10.4 Europe Food Waste Management Market Size and Forecast, By Service Types
10.5 Europe Food Waste Management Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.54. Rest of Europe
11 Asia Pacific Food Waste Management Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Asia Pacific Food Waste Management Market Share Analysis, By Waste Type
11.3 Asia Pacific Food Waste Management Market Size and Forecast, By Source
11.4 Asia Pacific Food Waste Management Market Size and Forecast, By Service Types
11.5 Asia Pacific Food Waste Management Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12 Latin America Food Waste Management Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Latin America Food Waste Management Market Share Analysis, By Waste Type
12.3 Latin America Food Waste Management Market Size and Forecast, By Source
12.4 Latin America Food Waste Management Market Size and Forecast, By Service Types
12.4 Latin America Food Waste Management Market Size and Forecast, Country
12.5.1. Brazil
12.5.2. Rest of Latin America
13 Middle East Food Waste Management Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Middle East Food Waste Management Market Share Analysis, By Waste Type
13.3 Middle East Food Waste Management Market Size and Forecast, By Source
13.4 Middle East Food Waste Management Market Size and Forecast, By Service Types
13.5 Middle East Food Waste Management Market Size and Forecast, By Country
13.5.1. Saudi Arabia
13.5.2. UAE
13.5.3. Egypt
13.5.4. Kuwait
13.5.5. South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 Veolia Environnement
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Waste Management, Inc.
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Remondis SE & Co. KG
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Clean Harbors, Inc.
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Advanced Disposal Services, Inc.
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Republic Services, Inc.
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 FCC Environment Ltd.
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Stericycle, Inc.
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Covanta Holding Corporation
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Waste Connections, Inc.
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies
