Organic Waste Market: Global Industry Analysis and Forecast (2024-2030)

Organic Waste Market is anticipated to reach US$ 53.46 Bn. by 2030 from US$ 39.02 Bn. in 2023 at a CAGR of 4.6 % during a forecast period.

Organic waste is a word that refers to any biodegradable substance that comes from plants, animals, or humans. Green waste, food waste, food-soiled garbage, hazardous and non-hazardous waste, landscaping, and trimming waste are all examples of organic waste. Clean organic waste may be utilized as animal feed or transformed into compost to help grow crops and minimize reliance on artificial fertilizers. Almost 30% of organic waste material is abandoned food waste and yard trimming, which may be used with modern technologies in environmental values such as fertilizers.To know about the Research Methodology :- Request Free Sample Report

In report, 2023 is considered a base year however 2023’s numbers are on the real output of the companies in the market. Special attention is given to 2023 and the effect of lockdown on the demand and supply, and also the impact of lockdown for the next two years on the market. Some companies have done well in lockdown also and specific strategic analysis of those companies is done in the report.
Organic Waste Market Dynamics:
The organic waste market is being driven by the growing population in emerging countries such as China and India. The growth of an organic waste market has come from increased industrialization and urbanization. As the region's population grows, so does the amount of organic waste created. According to food and agricultural groups, over 40% of fruits and vegetables are wasted owing to faulty handling and storage conditions, climate change, and product processing. Furthermore, grain waste accounts for 30% of total trash owing to faulty storage and management, as well as transportation infrastructure. Because of the aforementioned considerations, government authorities are taking steps in food management and preservation techniques, which is expected to drive market growth throughout the forecast period.

Organic waste is also utilized to generate electricity in windmills and solar power plants. Organic waste has a much lower contribution to electricity generation since it requires a high level of complexity in treatment and is time-consuming and expensive. These factors are impeding the organic waste market's growth throughout the forecast period.
Organic Waste Market Segmentation Analysis
By Type, Cooked food and kitchen debris dominate the organic waste market, since trash created by both segments is increasing owing to increased food preparation and garbage generated by kitchens in hotels and restaurants. Food spoiling may occur as a result of poor maintenance and unsanitary storage of prepared food, as well as temperature fluctuations. This results in organic waste. Human waste and paper products come in second in the above-mentioned organic waste segment.

By Source, Humans dominate the source segment in the organic waste market because they account for a large percentage of organic waste owing to large-scale consumption of biodegradable plastics, food waste, green trash, paper waste, manure, human waste, sewage, and slaughterhouse waste. The more humans invest in luxury and lifestyle management, the more waste there is. Plants are the second most important source segment.

By End-User, In terms of the amount of organic waste, the industrial sector accounted for the largest proportion in 2023. The biggest contributors to organic waste include trash created by the food and beverage industry as a result of climatic circumstances and a lack of storage facilities, mass processing of eatables, and unsold packaged goods. After that, the organic waste is processed and utilized to generate electricity in biofuel or biogas power plants. The municipal corporation gathers rubbish from various locations and sends it to various enterprises to produce useful results from waste.

Agriculture is the second most important end-user industry since organic waste created by humans, plants, and animals is heavily employed in fertilizer manufacturing. Farmers and organic agricultural companies are focusing more on organic waste as demand for organic fertilizers grows. This is to minimize chemical exposure to the soil from inorganic or chemical fertilizers. It also aids in trash management and waste product recycling. As a result, the recycling of waste management by industry and agriculture is increasing the demand for organic waste and offering chances to engage in the organic waste market.

By Treatment Technology, In terms of treatment technology, the combustion and incineration segment account for a bigger market share since they are the simplest and most cost-effective methods of waste management. The organic waste is turned into ashes during this procedure. This approach is commonly used to generate electricity in countries such as Denmark, Sweden, Japan, and India.

Aerobic segment is the second most dominant treatment method because it involves the treatment of microorganisms that demand oxygen. The heat generated in the aerobic composition is enough to eliminate dangerous microorganisms such as pathogens and bacteria. And promotes the growth of natural and beneficial bacteria such as mesophilic, thermophilic, and psychrophilic bacteria.
Organic Waste Market Regional Insights:
The Asia Pacific region dominates the organic waste market because of the region's huge volume of food product exports to countries such as North America and Europe, which increases food waste in transport facilities and late delivery of food items, resulting in food spoilage. In the Asia Pacific, food and waste management are expected to expand at a CAGR of 5.4 percent. The government enacted rules and regulations to increase food potency and preservation duration by providing cold storage and logistical facilities to limit the production of organic waste.

Europe is the second most dominant area in the organic waste market, owing to inappropriate organic waste management and excessive shopping, over-production, and garbage abandonment. The regional government authorities, on the other hand, are focused on developing a waste management power plant to decrease trash and offer an eco-friendly biogas plant.
Report Objectives:
Landscape analysis of the Organic Waste Market

competitive benchmarking

Past and current status of the industry with the forecasted market size and trends

Evaluation of potential key players that include market leaders, followers, and new entrants

Technology trends

Potential impact of micro-economic factors of the market

External and Internal factors affecting market have been analyzed

The report also helps in understanding the Organic Waste Market dynamics, structure by analysing the market segments and project the Organic Waste Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Organic Waste Market make the report investor’s guide.
Organic Waste Market Scope: Inquire before buying



Organic Waste Market


Report Coverage
Details


Base Year:
2023
Forecast Period:
2024-2030


Historical Data:
2018 to 2023
Market Size in 2023:
US $ 39.02 Bn.


Forecast Period 2024 to 2030 CAGR:
4.6  %
Market Size in 2030:
US $ 53.46 Bn.


 Segments Covered:
by Type
Garden Waste
Kitchen Debris
Cooked Food
Paper Products
Human Waste
Other


by Source
Plant
Animal
Human Being
Varieties


by End-User
Municipal
Industrial
Agriculture
Waste Water
Other


by Treatment Technology
Aerobic
Anaerobic
Combustion and Incineration



Organic Waste Market by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (razil, Argentina Rest of South America)
Organic Waste Market Key Players
1 Advanced Disposable Services Inc.
2 Andritz Ag
3 Biancamano S.P.A
4 Biffa Group Limited
5 Clean Harbors Inc.
6 Cleanaway Waste Management Limited
7 Covanta Holding Corporation
8 E.O.M.S. Recycling Inc.
9 Eco Food Recycling
10 Stericycle Inc.
11 Veolia Environment
12 Waste Connections Inc.
13 Waste Management Inc.
14 Quest Resource Management Group Llc
15 Refood Gmbh
16 Remondis Se & Co. Kg.

Frequently Asked Questions:

1. Which region has the largest share in Market?
Ans: Asia Pacific region held the highest share in 2023.

2. What is the growth rate of Global Market?
Ans: The Global Organic Waste Market is growing at a CAGR of 4.6% during forecasting period 2024-2030.

3. What is scope of the market report?
Ans: Global Organic Waste Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. Who are the key players in Global  market?
Ans: The important key players in the Market are – Advanced Disposable Services Inc., Andritz Ag, Biancamano S.P.A, Biffa Group Limited, Clean Harbors Inc., Cleanaway Waste Management Limited, Covanta Holding Corporation, E.O.M.S. Recycling Inc., Eco Food Recycling, Stericycle Inc., Veolia Environment, Waste Connections Inc., Waste Management Inc., Quest Resource Management Group Llc, Refood Gmbh, and Remondis Se & Co. Kg.

5. What is the study period of this market?
Ans: The Market is studied from 2024 to 2030.