According to the latest IMARC Group report, entitled “Food Waste Management Market: Global Industry Trends, Share, Size, Growth, Opportunities, and Forecast 2021-2026‘, The global food waste management market has grown at a CAGR of around 5% during the period 2015-2020. Food waste management helps to collect, sort, dispose of, transport and process food waste. It also participates in the recycling of food waste using various management procedures. Some of these commonly used procedures include landfills, composting, and anaerobic digestion of the waste generated. At present, there is an increase in the need for food waste management due to the increase in food processing waste across the world.
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The food and beverage industry (F&B) is currently experiencing significant growth. This, along with the increase in the world population and the inflation of the income levels of individuals, represents one of the key factors positively influencing the market. In addition to this, government agencies in many countries are introducing effective waste management solutions to reduce waste generation. This, together with the growing awareness of waste recycling, creates favorable market prospects. In addition, the increasing adoption of new sensor-based technologies, automated waste collectors and enzyme-based food management solutions is expected to drive the market. Looking ahead, IMARC Group expects the global food waste management market to show moderate growth over the next five years.
As the novel coronavirus (COVID-19) crisis takes over the world, we are constantly monitoring changes in the markets, as well as the industrial behaviors of consumers around the world and our estimates on the latest market trends and forecasts are made afterwards. examining the impact of this pandemic.
Competitive landscape with key players:
- Clean Harbors Inc.
- Covanta Holding Corporation
- FCC Environment (UK) Limited
- Hulsey Environmental Services Inc.
- Remondis SE et Cie KG
- Republic Services Inc.
- Stericycle Inc.
- Suez (Sofina)
- Veolia and Waste Management Inc.
Breakdown by type of waste:
- Dairy products
- Fruits and vegetables
- Fish and seafood
- Processed foods
Breakdown by process:
- Aerobic digestion
- Anaerobic digestion
- Combustion / Incineration
Breakdown by source:
- Primary food producers
- Food manufacturers
- Food distributors and suppliers
- Food service providers
- Municipalities and households
Breakdown by application:
- Animal feed
- Energy production
Breakdown by region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia-Pacific (China, Japan, India, Australia, Indonesia, Korea, others)
- Latin America (Brazil, Mexico, others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, others)
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Highlights of the report:
- Market performance (2015-2020)
- Market Outlook (2021-2026)
- Market trends
- Market drivers and success factors
- The impact of COVID-19 on the global market
- Value chain analysis
- Global market structure
- Complete mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as part of the customization.
The IMARC group is a leading market research company providing management strategies and market research worldwide. We partner with clients across industries and regions to identify their most exciting opportunities, address their most critical challenges and transform their businesses.
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