LONDON--(BUSINESS WIRE)--The global food waste management market size is poised to grow by USD 8.07 billion during 2019-2023, according to a new report by Technavio, progressing at a CAGR of more than 4% during the forecast period.
Read the 132-page research report with TOC on "Food Waste Management Market Analysis Report by disposal method (landfill, recycling, incineration), and geography (North America, Europe, APAC, MEA, and South America) 2019 - 2023" Request a Free Sample Report
The market is driven by the conversion of food waste into bio-based products and organic fertilizers. In addition, the increasing implementation of regulations and favorable prices to further boost the growth of the food waste management market.
Food waste has become a major concern across the world, as it is being produced in large quantity and posing a threat to the environment. The production of bio-based products and organic fertilizers from food waste are a feasible solution for food waste management. Thus, the conversion of food waste into bio-based and organic fertilizers has become crucial to achieve environmental sustainability, which is expected to fuel the growth of the food waste management market.
Several regulations are being imposed to manage food waste efficiently. For instance, in April 2019, the FDA, USDA, and the US EPA released a federal interagency strategy to address food waste. This strategy focuses on key priority areas such as enhancing inter-agency coordination, increasing consumer education and outreach efforts, and clarifying and communicating information on food date labels, food safety, and food donations. Such implementation of regulations will drive growth of the food waste management market.
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The report includes detailed profiles of the leading companies & prominent vendors of the market:
- China Everbright International Ltd.
- Republic Services Inc.
- SUEZ SA
- Veolia Environment SA
- Waste Management Inc.
Market Segmentation by Disposal Method:
The food waste management market can be broadly categorized into the following segments:
- Landfill
- Recycling
- Incineration
Key Regions for the Food waste management Market:
Featuring a breakdown of region-wise market shares until 2019.
- North America
- Europe
- APAC
- MEA
- South America
Some of the key topics covered in the report include:
Market Landscape
- Market ecosystem
- Market characteristics
- Market segmentation analysis
Market Sizing
- Market definition
- Market size and forecast
Vendor Landscape
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more. Request a free sample report
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Waste Heat Recovery Market – Global Waste Heat Recovery Market by end-users (chemical, petroleum refining, paper, commercial and institutional, food and beverages, metal, and other end-users) and geography (APAC, Europe, MEA, North America, and South America).
Hazardous Waste Management Market – Global Hazardous Waste Management Market by applications (industrial, medical, and others), and geography (the Americas, APAC, and EMEA).
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