The global food waste management market is anticipated to increase by USD 18.9 billion till 2029 at an average annual growth of 6.1 percent as per the latest market estimates.
Each year, the world throws away more than 900 million tons of food that has been sold to households, retailers, restaurants and other food services, accounting for 17 percent of all food available to consumers. Reducing food waste would cut greenhouse gas emissions, slow the destruction of nature through land conversion and pollution, enhance the availability of food and thus reduce hunger and save money at a time of global recession. The global food waste management market is anticipated to increase by USD 18.9 billion till 2029 at an average annual growth of 6.1 percent as per the latest market estimates.
The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global food waste management market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the offering, type of food waste, sources of food waste, method, end user, and region. The global market for food waste management can be segmented by offering: hardware, services, software. The services segment held the largest share of the global food waste management market in 2022 and is anticipated to hold its share during the forecast period. Food waste management market is further segmented by type of food waste: cereals, coffee grounds and tea, dairy and dairy products, fish and seafood, fruits and vegetables, meat and poultry, oilseeds and pulses, processed food. Globally, the fruits and vegetables segment made up the largest share of the food waste management market. Based on sources of food waste, the food waste management market is segmented into: food distributors and suppliers, food manufacturers, food service providers, municipalities and households, primary food producers. The municipalities and households segment was the largest contributor to the global food waste management market in 2022. On the basis of method, the food waste management market also can be divided into: disposal, optimization, prevention, recovery, recycling. The recycling segment is estimated to account for the largest share of the global food waste management market. Food waste management market by end user is categorized into: animal feed, biofuel, fertilizers, power generation. The food waste management market by region can be segmented into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America.
Market Segmentation
By offering: hardware, services, software
By type of food waste: cereals, coffee grounds and tea, dairy and dairy products, fish and seafood, fruits and vegetables, meat and poultry, oilseeds and pulses, processed food
By sources of food waste: food distributors and suppliers, food manufacturers, food service providers, municipalities and households, primary food producers
By method: disposal, optimization, prevention, recovery, recycling
By end user: animal feed, biofuel, fertilizers, power generation
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America
The report also provides a detailed analysis of several leading food waste management market vendors that include Biancamano S.P.A. (Biancamano Holding SA), Biffa Group Limited, Casella Waste Systems, Inc., Clean Harbors, Inc., Cleanaway Waste Management Limited, Covanta Holding Corporation (Danielson Holding Corporation), Denali Water Solutions LLC (Organix Recycling LLC), Enerkem Inc., GFL Environmental Inc., Kitro SA, Lakeshore Recycling Systems LLC, Modern Waste Products Inc. o/a BINPAK, Nanhai Development Co., Ltd., Power Knot LLC, Quest Resource Management Group, LLC, Recology Inc., Republic Services, Inc., Rethmann Se & Co. Kg (REMONDIS SE & Co. KG), Rubicon Technologies, Inc., Rumpke Consolidated Companies, Inc., SARIA SE & Co. KG (ReFood GmbH & Co. KG.), Shenzhen Energy Group Company Limited, Smith Recycling (Milton Keynes) Limited, The Waste Company (UK) Ltd, Veolia Environnement S.A. (SUEZ S.A.), Viridor Ltd., Waste Connections Inc., Waste Management, Inc. (WM), Winnow Solutions Ltd., among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
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Manmayi Raval
Research Consultant
Scope of the Report
• To analyze and forecast the market size of the global food waste management market.
• To classify and forecast the global food waste management market based on offering, type of food waste, sources of food waste, method, end user, region.
• To identify drivers and challenges for the global food waste management market.
• To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global food waste management market.
• To identify and analyze the profile of leading players operating in the global food waste management market.
Why Choose This Report
• Gain a reliable outlook of the global food waste management market forecasts from 2023 to 2029 across scenarios.
• Identify growth segments for investment.
• Stay ahead of competitors through company profiles and market data.
• The market estimate for ease of analysis across scenarios in Excel format.
• Strategy consulting and research support for three months.
• Print authentication provided for the single-user license.
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