According to the current analysis of Reports and Data, the global Food Waste Management market was valued at USD 34145.7 Million in 2018 and is expected to reach USD 52195.6 Million by the year 2026, at a CAGR of 5.4%. Accumulation of food wastage is becoming a critical problem worldwide. Increasing wastes is posing various threats like environmental pollution, scarcity of dumping land, and health risks to individuals. Moreover, such wastes are increasingly contributing to carbon footprint and greenhouse emissions. According to the Food and Agriculture Organization (FAO) of the United Nations, around 1.3 billion tons of food, which account for one-third of the world’s food, is either lost or wasted.
Impacts of such wastes include GHG emission and climate change, water footprint, nutrient loss, sanitation, ecological impacts, and economic impacts. Greenhouse gases like CO2, methane and nitrous oxide are emitted at various stages of its life cycle including processing, refrigerating, transporting, and disposing of wastes in landfills or dumpsites
In low-income countries, almost 50% of the total wastes are left uncollected, and around 60% of it consists of food and organic material. The main drivers of Food Waste Management include services, manufacturing, wholesale and retail, and households. Prevention of wastage, redistribution to people, sending to animal feed, recycling by composting, incineration with energy recovery, and proper disposal are the critical steps in the Food waste management market.
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Rising disposable income and improving the standard of living are likely to imply more consumption of products which will lead to the generation of more wastage in the upcoming years. Moreover, wastage is on the rise from developing economies which lack adequate cold storage infrastructure, warehousing and transportation facilities, etc.
Further key findings from the report suggest
Key companies in the food waste management market include Veolia Environment, Suez, Waste Management Inc., Stericycle Inc., Waste Connection Inc., Clean Harbors Inc., Advanced Disposable Services, Remondis SE & Co Kg, Biffa Group Limited and Republic Services Inc.
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For the purpose of this report, Reports and Data has segmented the Food Waste Management market on the basis of type of waste, process, source, application and region:
Type of Waste Outlook (Revenue in Million USD; 2016–2026)
Process Outlook (Revenue in Million USD; 2016–2026)
Application Outlook (Revenue in Million USD; 2016–2026)
Source Outlook (Revenue in Million USD; 2016–2026)
Regional Outlook (Revenue in Million USD; 2016–2026)
To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/food-waste-management-market
Table Of Content:
Chapter 1. Market Synopsis 1.1. Market Definition 1.2. Research Scope & Premise 1.3. Methodology 1.4. Market Estimation Technique Chapter 2. Executive Summary 2.1. Summary Snapshot, 2018 – 2026 Chapter 3. Indicative Metrics 3.1. Increased use of organic waste for animal feed and fertilizer production 3.2. Need for reducing green- house gas emission 3.3. Rising energy demand Chapter 4. Food Waste Management Segmentation & Impact Analysis 4.1. Food Waste Management Segmentation Analysis 4.2. Food Waste Management Market Value Chain Analysis, 2016-2026 4.3. Regulatory framework 4.4. Food Waste Management Market Impact Analysis
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Chapter 10. Competitive Landscape 10.1. Market Revenue Share by Manufacturers 10.2. Manufacturing Cost Breakdown Analysis 10.3. Mergers & Acquisitions 10.4. Strategy Benchmarking 10.5. Vendor Landscape Chapter 11. Company Profiles 11.1. Veolia Environment 11.1.1. Company Overview 11.1.2. Financial Performance 11.1.3. Product Length Benchmarking 11.1.4. Strategic Initiatives 11.2. Suez 11.2.1. Company Overview 11.2.2. Financial Performance 11.2.3. Product Length Benchmarking 11.2.4. Strategic Initiatives 11.3. Waste Management Inc. 11.3.1. Company Overview 11.3.2. Financial Performance 11.3.3. Product Length Benchmarking 11.3.4. Strategic Initiatives 11.4. Stericycle Inc. 11.4.1. Company Overview 11.4.2. Financial Performance 11.4.3. Product Length Benchmarking 11.4.4. Strategic Initiatives 11.5. Waste Connection Inc. 11.5.1. Company Overview 11.5.2. Financial Performance 11.5.3. Product Length Benchmarking 11.5.4. Strategic Initiatives 11.6. Clean Harbors Inc. 11.6.1. Company Overview 11.6.2. Financial Performance 11.6.3. Product Length Benchmarking 11.6.4. Strategic Initiatives 11.7. Remondis SE & Co Kg 11.7.1. Company Overview 11.7.2. Financial Performance 11.7.3. Product Length Benchmarking 11.7.4. Strategic Initiatives
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