Food Waste Management Market Research Report - Forecast to 2030

Food Waste Management Market Global Information by Processes (Aerobic Digestion, Anaerobic Digestion, Combustion and others), Waste Type (Food Production Waste, Food Processing Waste, Distribution and Supply Chain Waste, Retail Waste and Consumption Waste), End Use (Animal Feed, Fertilizer, Renewable Energy & Biofuels and others) and Region - Forecast till 2030

ID: MRFR/IA - E/2957-HCR | February 2021 | Region: Global | 110 pages

Food Waste Management Market Scenario


Food Waste Management Market is expected to grow at a CAGR 6.1% from 2019 to 2023 as per MRFR Analysis. 


Rapidly growing food service industry expected to drive the market over the forecast period. Food wastage is relatively high in the quick service restaurant and other hotel chains. Furthermore, food wastage has increased in food supply chain over the last decade owing to this several systems are installed, which involves aerobic and anaerobic digestion processes for recycling food waste. It has been witnessed that the food waste is high in developing and under developed countries. And to overcome this issue, governments of various countries are coming up with stringent rules & regulation in order to minimize the food wastage. Food waste management companies mostly focusing on the developing economies of Asia Pacific region to create strong awareness among the consumers regarding food wastage and its management. 


Key Findings



  • North America dominates the market followed by Europe

  • Asia Pacific is projected to witness a massive growth during the forecast period 2017-2023

  • China is estimated to create a favorable environment to increase the growth in Asia Pacific region


Key Players


Some of the key players profiled in the food waste management market are Andritz Ag (Austria), Waste Management, Inc. (U.S.), Veolia Environnement S.A. (France), Republic Services, Inc. (U.S.), Stericycle, Inc. (U.S.), Covanta Holding Corporation (U.S.), and Waste Connections, Inc. (Canada)


Segments


Food waste management has been segmented on the basis of processes, which comprises of aerobic digestion, anaerobic digestion, combustion, and others. Food waste management has been segmented on the basis of waste type, which comprises of food production waste, food processing waste, distribution & supply chain waste, retail waste, and consumption waste. Consumption waste has been sub- segmented into household and food services. Global market has been segmented on the basis of end use, which comprises of animal feed, fertilizer, renewable energy and biofuels, and others.


Regional Analysis


Global food waste management market is segmented into North America, Europe, Asia Pacific, and Rest of the World (RoW). Among these, North America is projected to retain its dominance over the forecast period 2017-2023. This is attributed to the increasing supports and initiatives from Solid Waste Association of North America (SWANA) in waste management, which include storage of residential waste, institutional, commercial, and industrial waste to diminish waste in North America. Europe is expected to account for over 25% of the market proportion during the review period 2017-2023. However, Asia Pacific region is estimated to witness a maximum growth in the global market during the corresponding period 2017-2023.


The Food Waste Management market is segmented under the following regions:


North America



  • US

  • Canada

  • Europe


Europe



  • Germany

  • France

  • Italy

  • Spain

  • UK

  • Rest of Europe


Asia-Pacific



  • China

  • India

  • Australia

  • Singapore

  • Rest of Asia Pacific


Rest of the world



  • Brazil

  • Argentina

  • Saudi Arabia

  • South Africa

  • Others


The report for global food waste management market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts and key opinion leaders to gain a deeper insight into the market and industry performance. The report gives a clear picture of the current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical, and governing factors in the market. The report provides detailed information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions.


Study Objectives


Food waste management refers to all the activities and actions mandatory to accomplish waste from its initiation to its final clearance. Food waste management includes collection, transport, treatment, and disposal of waste together with monitoring and regulation. Food processing wastage is one of the major reasons for the rising growth of food waste management, which includes poultry, meat, and seafood processing waste, agricultural produce processing, dairy food processing waste, and waste from other types of food processing.



  • In-depth analysis of the market’s segments and sub-segments

  • To estimate and forecast market size by processes, waste type, end use and region

  • To analyze key driving forces influencing the market

  • Region level market analysis and market estimation of North America, Europe, Asia Pacific, and the Rest of the World (RoW) and their countries

  • Value chain analysis & supply chain analysis of the market

  • Company profiling of major players in the market

  • Competitive strategy analysis and mapping key stakeholders in the market

  • Analysis of historical market trends and technologies along with the current government regulatory requirements


Intended Audience



  • Food waste management manufacturers

  • Raw material suppliers

  • End users (food industry)

  • Retailers and wholesalers

  • E-commerce companies

  • Traders, importers and exporters



Report Scope:
Report Attribute/Metric Details
  Market Size   2030: Significant Value
  CAGR   6.1% CAGR (2022-2030)
  Base Year   2021
  Forecast Period   2022-2030
  Historical Data   2019 & 2020
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Processes, Waste Type and End Use
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Andritz Ag (Austria), Waste Management, Inc. (U.S.), Veolia Environnement S.A. (France), Republic Services, Inc. (U.S.), Stericycle, Inc. (U.S.), Covanta Holding Corporation (U.S.), and Waste Connections, Inc. (Canada)
  Key Market Opportunities   Stringent rules & regulation of Government to minimize the food wastage
  Key Market Drivers

  • Rapidly growing food service industry
  • Increased food wastage


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    Frequently Asked Questions (FAQ) :


    Food waste management market is projected to grow at a 6.1% between 2019-2023.

    North America is expected to dominate the food waste management market.

    Growing food service industry and growing awareness about food waste management are the key factors driving the food waste management market.

    Different end use industries of food waste management market include renewable energy and biofuels, fertilizer, animal feed, and others.

    Eminent players profiled in the food waste management market include Waste Connections, Inc. (Canada), Covanta Holding Corporation (U.S.), Stericycle, Inc. (U.S.), Republic Services, Inc. (U.S.), Veolia Environment S.A. (France), Waste Management, Inc. (U.S.), and Andritz Ag (Austria).