Food Waste Management Market was valued at USD 40.32 Billion in 2021, and it is expected to reach USD 63.30 Billion by 2029, exhibiting a CAGR of 5.8% during the forecast period (2022-2029). 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. Based on application, the market is segmented into feed, fertilizers, biofuel, and power generation. Based on end-users, the market is segmented into primary food producers, food manufacturers, food distributors & suppliers, food service providers, and municipalities & households. Based on process, the market is segmented into aerobic digestion (composting), anaerobic digestion, incineration/ combustion, and others (redistribution, minimization, and disposal). Based on region, the market is segmented into North America, Asia Pacific, Europe, Middle East & Africa, and South America. To know about the Research Methodology :- Request Free Sample Report The growth of Food Waste Management market is attributed to the growing concerns about food waste globally. It is expected that rising customer appetite for novel food products and exotic foods, such as tropical fruits, fine coffee, and imported goods, will support expansion. The rise in global food waste, the desire to reduce greenhouse gas emissions, and the rising use of organic waste for the manufacture of feed and fertilisers are all factors contributing to the market's expansion. Due to the significant amount of waste that is produced from fruits, vegetables, roots, and tubers, the fruits and vegetable sector is expected to dominate the global market over the forecast period. These leftovers can be used as feed for anaerobic and aerobic digestions as well as composting as they are readily available raw materials. The market has been significantly constrained by landfill and incinerator practises that have negative environmental impacts.
COVID-19 Impact on Food Waste Management MarketMost nations went into lockdown following COVID-19, which hampered day-to-day activities. This also impacted the growth of the food waste management market. Due to the COVID-19 scenario, less organic waste and biofuels are now required. This had an impact on the commerce of these goods as well, which hindered the expansion of businesses that handle food waste in different nations around the world. After the global announcement of the COVID-19 lockdown scenario, the sale of food additives is estimated to grow.
Food Waste Management Market DynamicsFood waste has grown as a result of the growing commerce in food and food ingredients across other nations, which has resulted in the creation of new supply chains. Substantial quantities of food waste are now being produced by hotels, restaurants, and fast-food chains as a result of the growing convenience food consumption of the general population. The above urges for the use of food waste management solutions for efficient collection and segregation of food waste at the source level. The expanding global population and individuals' increased disposable incomes are contributing to this. Government initiatives to reduce food waste: Governments and food management organisations have responded by enacting strict rules, which has accelerated industry expansion. Initiatives to reduce food waste are being conducted by governments across the world, including Love Food, Hate Waste in the U.K. and the Stop Wasting Food movement in Denmark. Additionally, the Think Eat Save global cooperation between Messe Düsseldorf, FAO, and the United Nations Environment Program (UNEP) is meant to raise awareness of food waste management in support of the UN Secretary-Zero General's Hunger Challenge. More than one-third of the food produced every year, or about 1.6 billion tonnes, is either wasted or lost. Carbon dioxide (CO2) emissions from food waste account for 4.4 gigatons (Gt) annually, or more than 8% of all anthropogenic GHG emissions. Businesses that produce considerable amounts of food waste, such as food processing plants, merchants, wholesalers, and foodservice providers, are required to inform the relevant governments of the amount, source, and disposal procedures used. By allowing companies to estimate the cost of their waste and providing information to policymakers on the amount and causes of food waste, this encourages waste reduction. The Indian government is taking steps to reduce waste while exporting food. Due to the enormous volume of food that India exports to nations in North America and Europe, where more food is lost during transit, food waste management is anticipated to gain popularity in India. Despite being the second-largest producer of fruits and vegetables in the world after China, India still loses about 70% of its output as a result of inefficiencies in the early stages of harvest and delivery. India wants to work with US business to adopt innovations and technology throughout the whole food production and consumption chain. In order to help India export food and perishables to UAE markets at a lesser cost, India and the United Arab Emirates (UAE) have launched a plan for increased naval cooperation and the construction of logistical infrastructure in India. The government is spending money on improving agricultural production and cold chain logistics to lower the overall generation of food waste. Biofuel sector fuelling food waste management: During the forecast period, the market for food waste management is anticipated to rise at a faster rate due to significant expansion in the biofuel sector and variations in crude oil prices. Among the biofuels made from food waste are methane, ethanol, biodiesel, and hydrogen. One of the emerging technical advancements that is expected to spur the market for the treatment of food waste is anaerobic digestion. From the waste, it aids in retrieving nutrients and energy. Waste collection and separation are a significant difficulty. A recent and modest technical innovation, anaerobic digestion, has been employed to recover both minerals and energy. Because of its significantly cheaper price, using it is more economical. The creation of water, heat, and carbon dioxide results from the aerobic digesters hastening the natural breakdown process. On the other hand, China's use of food waste management technologies is expected to be hampered by growing environmental concerns around disposal practises. The extensive use of technical advancements, such as automated garbage collection, cutting-edge sensor-based technology, and enzyme-based food management solutions, further drives the market. Rapid industrialization and an increase in the use of organic wastes for the manufacturing of fertilisers and animal feeds are a couple of the other factors boost the market growth. The use of cutting-edge waste treatment technology, such gasification in China, to explore new prospects is the current trend in the management of food waste. With the use of a sophisticated food waste management system, gasification technology transforms organic materials to create flammable gas.
Food Waste Management Market Segment AnalysisBased on waste type, fruits and vegetables led the market and accounted for 41.2% of the global revenue share in 2021, owing to a lack of proper handling, storage, and processing of the produce. Ease in waste management of fresh produce in the food management industry for the fruits and vegetable segment is expected to have a positive impact on market growth. As per the reports published by the Food and Agriculture Organization (FAO), more than 45% of fruits and vegetables produced globally are wasted. More than 30% of cereals are wasted due to improper storage and transportation techniques. Governments across various countries are taking serious steps towards preserving food products, which is expected to drive the market growth. The cereals waste type is anticipated to witness growth on account of the negligent attitude of consumers towards product expiration dates. The lack of knowledge in consumers towards storage and preservation practices of cereals leads to heavy wastage, which is further expected to drive the demand for waste management in this segment over the forecast period. The waste generated by the dairy industry is expected to witness a CAGR of 5.7% from 2022 to 2027, owing to the spoilage of products due to unhygienic storage at inappropriate temperatures. The lack of infrastructure for cold storage for dairy products in developing economies is expected to augment the service demand. Based on process, anaerobic digestion dominated the market and accounted for a 46.2 % of global revenue in 2021, given that the food waste handled by anaerobic digestion has a reduced number of pathogens and so limits the spread of odour and illnesses and encourages cleanliness and sanitation. By assisting in the recovery of nutrients and energy from trash, this procedure promotes market expansion. For all forms of food waste, combustion/incineration technology is employed, saving money and time on waste sorting. Food waste is burned during the combustion/incineration process to create heat and ashes. Additionally, it is frequently utilised to produce heat and power in nations with developed economies like Japan, Germany, Denmark, and Sweden. The market for aerobic digestion is expected to grow at a CAGR of 6 per cent during the forecast period because the compost produced by this process, which contains potassium, phosphorus, and nitrogen, is utilised as fertiliser. Because it is substantially less expensive, it is useful. By accelerating the natural processes of decomposition, aerobic digestors generate water, heat, and carbon dioxide. Among the additional methods used to handle food waste are landfilling, liquefaction, pyrolysis, and gasification. The landfill is still the most popular way to get rid of rubbish since a bulldozer is used to disperse and compact the debris once it has been delivered to the dumping site. However, it is prohibited in many nations because it promotes parasitic and gastrointestinal illnesses among people who live or work close to landfills and waste sites. Based on end-users, Municipalities and households dominated the market in 2021 and generated 44.1 % of global revenue. The amount of food waste produced by families is anticipated to increase due to the rapidly expanding population and changing lifestyles. A lack of culinary skills, excessive food preparation, excessive purchasing, inappropriate food management, and incorrect storage are some of the factors that contribute to food waste in homes. Due to the spoiling of food and meat brought on by weather changes, inappropriate handling, and a lack of suitable storage facilities, the waste produced by food distributors and suppliers increased. Large-scale packaging and unsold inventory in supermarkets both dramatically increase the amount of food that is wasted. The waste produced by the foodservice providers is expected to witness a CAGR of 4.7% from 2022 to 2027 numerous causes, including improper trimming, overstocking, expiry, spoiling, unknown demand, ineffective production, and overproduction of food by hotels, restaurants, street sellers, and cafés, are blamed for this rise. A sizeable portion of the total food lost is due to food waste produced throughout the distribution process. The use of unsuitable modes of transportation and insufficient storage facilities are some of the factors that contribute to food loss during the transfer of food from primary food producers to consumers. Food waste is a result of staff mistakes brought on by a lack of standards and insufficient training for those operating in the food processing unit. Based on application, Animal feed dominated the market in 2021 and accounted for 53.5% of global revenue. Food waste may be fed to cattle either directly as animal feed or after being rendered and processed without incurring additional expenditures. The application of waste in animal feed is significantly more common than other forms of food waste applications since they are more expensive. Digestate, which is made from composted or anaerobically digested food waste, is high in carbon, micronutrients, microorganisms, and other nutrients including potash, nitrogen, calcium, sulphur, magnesium, and phosphate. Farmers may better manage soil and prevent the polluting of land and water from synthetic fertiliser leaching by using digestate as fertiliser in the right ways. Due to fluctuating crude oil prices and growing public awareness of the benefits of using renewable energy, it is expected that the biofuel application category would see a CAGR of 6.6 percent from 2022 to 2027. The use of food waste as biofuel is anticipated to increase due to favourable government regulation of such uses. Anaerobic digestion of food waste produces energy alongside other power-generating methods like solar and wind. Due to the complexity of the treatment process and its high cost, the use of food waste in the power generating industry contributes to a less substantial portion of the applications category.
Food Waste Management Market Regional InsightsThe North American region is expected to hold the largest market share, followed by the European region during forecast period. During the forecast period, North America is expected to have the fastest growth rate in the food waste management market. In order to decrease waste in the area, the Solid Trash Association of North America (SWANA) promotes and provides a variety of services and activities, including domestic waste storage and recycling, integrated solid waste management, institutional, commercial, and industrial solid waste. One of the main market restraints is the negative environmental consequences of landfill and incinerator processes. The conventional methods for disposing of trash have been incineration and landfilling. Because they are more practical, need less space, and solve the methane gas emission from the landfill issue, incinerators are preferred to landfilling. The quantity of heat generated during trash burning, known as the calorific value of waste, closely correlates with the moisture content of the waste and is regarded as a significant performance indicator of the incineration process. Both incineration and landfilling contribute to the release of GHG, one of the primary factors in global warming. In their immediate surroundings, overflowing landfills may potentially transmit pandemic illnesses. Due to excessive consumption, poor food management, overproduction, and carelessness about food waste, Europe dominated the market and accounted for 33.1% of global revenue in 2021. However, EU member states can participate in efforts to reduce food waste at the source and invest in appropriate disposal methods for obtaining biogas and fertilisers from such activities. Overproduction, product damage, strict food grading standards, and market volatility are among the factors that cause food waste in North America. Governments are making considerable efforts to create biofuel from food waste, though, as doing so also helps to reduce the use of fossil fuels. The adoption of food waste management in the Asia Pacific is estimated to witness a CAGR of 5.3% from 2022 to 2027, as a result of the region's high export rates of different food items to North American and European nations and the consequent rise in food lost during transit. In order to decrease the overall production of food waste, governments are making investments in cold chain logistics and increasing agricultural productivity. It is expected that the industry would expand slowly since Brazil and other Central and South American nations lack an adequate legal framework for managing food waste. It is projected that the amount of food lost would grow due to inadequate logistics and a lack of cold chain technologies. Due to its line of several waste management services, which are extremely helpful in the food sector, Veolia Environnement is expected to become a dominant market player in the food waste management market in the next years. The objective of the report is to present a comprehensive analysis of the global Food Waste Management Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also help in understanding the Food Waste Management Market dynamic, structure by analyzing the market segments and projecting the Food Waste Management Market size. Clear representation of competitive analysis of key players by Vehicle type, price, financial position, product portfolio, growth strategies, and regional presence in the Food Waste Management Market make the report investor’s guide.
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Global Food Waste Management Market Report Coverage Details Base Year: 2021 Forecast Period: 2022-2029 Historical Data: 2017 to 2021 Market Size in 2021: US $ 40.32 Bn. Forecast Period 2022 to 2029 CAGR: 5.8% Market Size in 2029: US $ 63.30 Bn. Segments Covered: 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 of Food Waste Management Market• Veolia Environnement • SUEZ • Waste Management, Inc. • Republic Services, Inc. • Covanta Ltd. • Stericycle, Inc. • Advanced Disposal Services, Inc. • Waste Connections, Inc. • FCC Environment • Remondis SE & Co. KG • Clean Harbors, Inc. Frequently Asked Questions: 1] What segments are covered in the Global Food Waste Management Market report? Ans. The segments covered in the Food Waste Management Market report are based on Waste Type, Application, End-Users and Process. 2] Which region is expected to hold the highest share in the Global Food Waste Management Market? Ans. The North America region is expected to hold the highest share in the Food Waste Management Market. 3] What is the market size of the Global Food Waste Management Market by 2027? Ans. The market size of the Food Waste Management Market by 2029 is expected to reach USD 63.30 Bn. 4] What is the forecast period for the Global Food Waste Management Market? Ans. The forecast period for the Food Waste Management Market is 2021-2027. 5] What was the market size of the Global Food Waste Management Market in 2021? Ans. The market size of the Food Waste Management Market in 2021 was valued at USD 40.32 Bn.
1. Global Food Waste Management Market Size: Research Methodology 2. Global Food Waste Management Market Size: Executive Summary 2.1. Market Overview and Definitions 2.1.1. Introduction to Global Food Waste Management Market Size 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Food Waste Management Market Size: Competitive Analysis 3.1. MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2. Consolidation in the Market 3.2.1 M&A by region 3.3. Key Developments by Companies 3.4. Market Drivers 3.5. Market Restraints 3.6. Market Opportunities 3.7. Market Challenges 3.8. Market Dynamics 3.9. PORTERS Five Forces Analysis 3.10. PESTLE 3.11. Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • South America 3.12. COVID-19 Impact 4. Global Food Waste Management Market Size Segmentation 4.1. Global Food Waste Management Market Size, by Waste Type (2021-2027) • Cereals • Dairy Products • Fruit & Vegetable • Meat • Fish & Seafood • Oilseeds & Pulses • Processed Food • Coffee Grounds & Tea 4.2. Global Food Waste Management Market Size, by Process (2021-2027) • Aerobic Digestion • Anaerobic Digestion • Incineration/ Combustion • Others 4.3. Global Food Waste Management Market Size, by Application (2021-2027) • Feed • Fertilizers • Biofuel • Power Generation 4.4. Global Food Waste Management Market Size, by End-Users (2021-2027) • Primary Food Producers • Food Manufacturers • Food Distributors & Suppliers • Food Service Providers • Municipalities & Households 5. North America Food Waste Management Market (2021-2027) 5.1. North America Food Waste Management Market Size, by Waste Type (2021-2027) • Cereals • Dairy Products • Fruit & Vegetable • Meat • Fish & Seafood • Oilseeds & Pulses • Processed Food • Coffee Grounds & Tea 5.2. North America Food Waste Management Market Size, by Process (2021-2027) • Aerobic Digestion • Anaerobic Digestion • Incineration/ Combustion • Others 5.3. North America Food Waste Management Market Size, by Application (2021-2027) • Feed • Fertilizers • Biofuel • Power Generation 5.4. North America Food Waste Management Market Size, by End-Users (2021-2027) • Primary Food Producers • Food Manufacturers • Food Distributors & Suppliers • Food Service Providers • Municipalities & Households 5.5. North America Food Waste Management Market, by County(2021-2027) • United States • Canada 6. European Food Waste Management Market (2021-2027) 6.1. European Food Waste Management Market , by Waste Type (2021-2027) 6.2. European Food Waste Management Market , by Process (2021-2027) 6.3. European Food Waste Management Market , by Application (2021-2027) 6.4. European Food Waste Management Market , by End-Users (2021-2027) 6.5. European Food Waste Management Market , by Country (2021-2027) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Food Waste Management Market (2021-2027) 7.1. Asia Pacific Food Waste Management Market , by Waste Type (2021-2027) 7.2. Asia Pacific Food Waste Management Market , by Process (2021-2027) 7.3. Asia Pacific Food Waste Management Market , by Application (2021-2027) 7.4. Asia Pacific Food Waste Management Market , by End-Users (2021-2027) 7.5. Asia Pacific Food Waste Management Market , by Country (2021-2027) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. Middle East and Africa Food Waste Management Market (2020-2027) 8.1. Middle East and Africa Food Waste Management Market , by Waste Type (2021-2027) 8.2. Middle East and Africa Food Waste Management Market , by Process (2021-2027) 8.3. Middle East and Africa Food Waste Management Market , by Application (2021-2027) 8.4. Middle East and Africa Food Waste Management Market , by End-Users (2021-2027) 8.5. Middle East and Africa Food Waste Management Market , by Country (2021-2027) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. South America Food Waste Management Market (2020-2027) 9.1. South America Food Waste Management Market , by Waste Type (2021-2027) 9.2. South America Food Waste Management Market , by Process (2021-2027) 9.3. South America Food Waste Management Market , by Application (2021-2027) 9.4. South America Food Waste Management Market , by End-Users (2021-2027) 9.5. South America Food Waste Management Market , by Country (2021-2027) • Brazil • Mexico • Argentina • Rest Of South America 10. Company Profile: Key players 10.1. Veolia Environnement 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. SUEZ 10.3. Waste Management, Inc. 10.4. Republic Services, Inc. 10.5. Covanta Ltd. 10.6. Stericycle, Inc. 10.7. Advanced Disposal Services, Inc. 10.8. Waste Connections, Inc. 10.9. FCC Environment 10.10. Remondis SE & Co. KG 10.11. Clean Harbors, Inc.