The size of the Food Waste Management Market is estimated to grow in a way that records a CAGR of 5.3% during the period of 2022 - 2027. The Food Waste Management Market size is projected to reach significantly during the forecast period speedy industrialization and increasing R&D activities for developing efficient systems are expected to have a positive effect on Food Waste Management Market growth. Europe Food Waste Management Market has acquired a share of over 32.5% of the global market revenue. The North America food waste management market is expected to get valued at USD 13.84 billion by the end of 2025, attributed to the lack of cold-chain infrastructure, overproduction, market fluctuations, and varying consumer demand. Increasing awareness among people to reduce wastage of food is a major factor that was bolstering the global food waste management market:
Market Size Available
2021 to 2026
|2021 to 2026|
By Waste Type, By Process, By Application, By Source, and By method
Various Analyses Covered
Global, Regional & Country Level Analysis, Segment-Level Analysis, Drivers, Restraints, Opportunities, Challenges, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities
North America, Europe, Asia Pacific, Latin America, Middle East, and Africa
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Food waste is an inedible part of food which were removed from the food supply chain that will be recovered or disposed of. The management procedures of this waste of food are known as food waste management. Landfills and greenhouse gases, agricultural food waste, animal feed, cockroach feeding, anaerobic digestion, commercial liquid food waste, and composting are the different types of disposable methods that are involved in the food waste management market.
The survey which was conducted by the Food and Agriculture Organization of the United Nations states that one-third of the food for human consumption, equivalent to 1.3 billion tonnes that were produced in the world gets either lost during supply chain management or wasted intentionally. This wastage of food is a serious issue that needs to get immediate attention coupled with the number of initiatives started by the governments of various nations with the co-operation of engineering firms as the latter invest in research and development of food waste management machinery is propelling the growth of the global food waste management market.
The rapid growth of the food industry is one of the significant factors for the growth of the global food waste management market owing to the requirement of food waste management systems involved in the rising trend of an increasing number of restaurants, dining out, hotels, quick service restaurant, and other food outlets.
Additionally, increasing wastage of food significantly in the food supply chain because of the several systems that are installed, including anaerobic and aerobic digestion processes for food waste recycling. Also, the rising population, high environmental awareness, and rapid industrialization have further fueled the demand for solutions to food waste management which is affecting the target market positively.
However, the expensive costs of operating and maintaining the food wastage firm constitute a significant restraint of the global food waste management market.
By Waste Type:
In the type segmentation of the global food waste management market, the Fruits and vegetable segment has held a significant market share in terms of revenue with over 40.6% owing to their improper handling, processing, storage, and cultivation of the produce. Most of the fruits and vegetables are wasted in the stages of production and harvesting procedures.
The meat segment is estimated to be one of the fastest-growing segments during the outlook period. The rapid growth of this market in the coming years is attributed to the rising generation of edible wastage in developed countries like the U.S., Japan. Additionally, increased government initiatives regarding the waste management of these meat and meat products to decline the impact of Green House Gases (GHGs) on the environment is estimated to boost this segment in the target market
From the Process segmentation, the anaerobic digestion segment is contributing to having a significant share when compared to the other processes involved in the food waste treatment. The anaerobic digestion segment has acquired 45.2% of the food waste management market's global revenue share. The growth of this segment is attributed to its extensive usage in the process of waste disposal as it aids in recovering energy like nutrients and biogas.
The aerobic digestion segment is anticipated to get valued around USD 3.80 billion during the forecast period owing to its ability to decompose food waste like cereals and fruits & vegetables by forming compost that is used as the fertilizers, as its composition includes phosphorous, potassium, and nitrogen, as well as the presence of micro-organisms which can condition the soil.
In the application outlook of the global food waste management market, the fertilizer segment is estimated to witness the fastest growth during the forecast period by recording a CAGR of 4.2%, in terms of revenue. The growth of this segment is attributed to the increasing demand from the farmers that is to decrease the contamination of water and land from the leaching of synthetic fertilizers.
Additionally, the usage of food waste as a fertilizer that aids in soil conditioning or repairing due to the ability of fertilizers in developing the holding capacity of water coupled with the absorption of nutrients is fuelling the growth of this segment.
From the outlook of the source, municipalities and household sector is likely to record a CAGR of 5.5% and grow significantly in terms of revenue during the forecast period. The growth of the target segment is due to the increase in wastage by consumers around the world.
Market Geographical Classification:
The Food Waste Management Industry is globally divided into North America (United States, Canada), Latin America (Brazil, Argentina, Mexico), Europe (United Kingdom, France, Germany, Spain, Italy), Middle East and Africa Condensed (Saudi Arabia, United Arab Emirates, Lebanon, Jordan, Cyprus), Asia Pacific (China, India, Japan, South America, Australia, New Zealand, and Southeast Asia), and Rest of the World.
Food Waste Management Industry Regional Share Insights:
In the regional analysis of the global food waste management market, Europe is the region that has acquired a share of over 32.5% of the market revenue. The factors contributing to the regional growth include government initiative for reducing food wastage along with the rising investment in advanced disposable techniques to acquire useful products like biogas and fertilizers are the growth factors of the target market in Europe. North America food waste management market is expected to get valued at USD 13.84 billion by 2025, attributed to the lack of cold-chain infrastructure, overproduction, market fluctuations, and varying customer demand.
Impact of COVID-19:
With the COVID-19 pandemic sending out its impact to almost every industry in its own way, the governing agencies like FDA have relaxed nutrition labeling. This will promote the distribution of packaged foods resulting in the optimum supply chain. Due to the lockdown being implemented in a number of countries to curb the spread, the lockdown is making farmers and food producers face an increased surplus production as they cannot sell their products to the Out of Home channel anymore. Already as a result of the surplus, farmers are faced with lower prices and are stuck in financial ruin for the year. Apart from this, food safety testing and processing industries are expected to function at full capacity owing to consumers stock-piling goods during the lockdown
Leading key players mentioned in this research report are:
Advanced Disposal Services, Inc., Republic Services, Inc., Waste Management, Inc., Waste Connections Inc., Stericycle, Inc., Clean Harbors, Inc., FCC Environment Ltd., Veolia Environnement SA, CT Environmental Group Ltd., and Recology Inc.
Recent Developments in the Industry:
Key Questions Answered by the Report?
1.1 Market Definition
1.2 Scope of the report
1.3 Study Assumptions
1.4 Base Currency, Base Year and Forecast Periods
2. Research Methodology
2.1 Analysis Design
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Data Modelling
2.2.4 Expert Validation
2.3 Study Timeline
3. Report Overview
3.1 Executive Summary
3.2 Key Inferencees
4. Market Dynamics
4.1 Impact Analysis
4.2 Regulatory Environment
4.3 Technology Timeline & Recent Trends
5. Competitor Benchmarking Analysis
5.1 Key Player Benchmarking
5.1.1 Market share analysis
5.1.3 Regional Presence
5.2 Mergers & Acquistion Landscape
5.3 Joint Ventures & Collaborations
6. Market Segmentation
6.1 Food Waste Management Market, By Type
6.1.2 Dairy Products
6.1.3 Fruits & Vegetables
6.1.5 Fish & Sea Food
6.1.6 Processed Food
6.1.7 Market Size Estimations & Forecasts (2019-2024)
6.1.8 Y-o-Y Growth Rate Analysis
6.1.9 Market Attractiveness Index
6.2 Food Waste Management Market, By Process
6.2.1 Aerobic Digestion
6.2.2 Anaerobic Digestion
6.2.4 Market Size Estimations & Forecasts (2019-2024)
6.2.5 Y-o-Y Growth Rate Analysis
6.2.6 Market Attractiveness Index
6.3 Food Waste Management Market, By Application
6.3.1 Animal Feed
6.3.4 Power Generation
6.3.5 Market Size Estimations & Forecasts (2019-2024)
6.3.6 Y-o-Y Growth Rate Analysis
6.3.7 Market Attractiveness Index
6.4 Food Waste Management Market, By Source
6.4.1 Primary Food Producers
6.4.2 Food Manufacturers
6.4.3 Food Distributors & Suppliers
6.4.4 Food Service Providers
6.4.5 Municipalities & Households
6.4.6 Market Size Estimations & Forecasts (2019-2024)
6.4.7 Y-o-Y Growth Rate Analysis
6.4.8 Market Attractiveness Index
6.5 Food Waste Management Market, By Method
6.5.4 Market Size Estimations & Forecasts (2019-2024)
6.5.5 Y-o-Y Growth Rate Analysis
6.5.6 Market Attractiveness Index
7. Geographical Landscape
7.1 Global Identity Governance and Administration Market, by Region
7.2 North America - Market Analysis (2018 - 2024)
7.2.1 By Country
7.2.2 By Type
7.2.3 By Process
7.2.4 By Application
7.2.5 By Source
7.2.6 By Method
7.3.1 By Country
220.127.116.11 Rest of Europe
7.3.2 By Type
7.3.3 By Process
7.3.4 By Application
7.3.5 By Source
7.3.6 By Method
7.4 Asia Pacific
7.4.1 By Country
18.104.22.168 South Korea
22.214.171.124 South East Asia
126.96.36.199 Australia & NZ
188.8.131.52 Rest of Asia-Pacific
7.4.2 By Type
7.4.3 By Process
7.4.4 By Application
7.4.5 By Source
7.4.6 By Method
7.5 Latin America
7.5.1 By Country
184.108.40.206 Rest of Latin America
7.5.2 By Type
7.5.3 By Process
7.5.4 By Application
7.5.5 By Source
7.5.6 By Method
7.6 Middle East and Africa
7.6.1 By Country
220.127.116.11 Middle East
7.6.2 By Type
7.6.3 By Process
7.6.4 By Application
7.6.5 By Source
7.6.6 By Method
8. Key Player Analysis
8.1 Advanced Disposal Services, Inc
8.1.1 Business Description
8.1.4 SWOT Analysis
8.1.5 Recent Developments
8.1.6 Analyst Overview
8.2 Republic Services, Inc.
8.3 Waste Management, Inc.
8.4 Waste Connections Inc.
8.5 Stericycle, Inc.
8.6 Clean Harbors, Inc.
8.7 FCC Environment Ltd.
8.8 Veolia Environnement SA
8.9 CT Environmental Group Ltd.
8.10 Recology Inc.
9. Market Outlook & Investment Opportunities
List of Tables
List of Figures
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