[176+ Pages Research Report] Global Food waste management Market to surpass USD 83.23 billion by 2030 from USD 38.59 billion in 2020 at a CAGR of 5.9% in the coming years, i.e., 2021-30. Over the projected period, the demand is expected to be driven by the rapidly rising foodservice industry.

Product Overview

Food waste management encompasses all of the practices and actions required to complete waste from start to finish. Food waste management encompasses the waste collection, transportation, treatment, and disposal, as well as oversight and control. Food processing waste, which includes waste from poultry, meat, and seafood processing, agricultural produce processing, dairy food processing waste, and waste from other forms of food processing, is one of the major reasons for the increasing growth of food waste management.

Market Highlights

Global Food Waste Management market is expected to project a notable CAGR of 5.9% in 2030.

In fast service restaurants and other hotel chains, food wastage is relatively high. Furthermore, food waste has risen in the food supply chain over the last decade, resulting in the installation of many systems that include aerobic and anaerobic digestion processes for food waste recycling. Food waste has been observed to be large in developing and underdeveloped countries. To address this issue, governments in various countries are enacting strict rules and regulations in order to reduce food waste.

Global Food Waste Management Market: Segments

Fruits & Vegetable segment to grow with the highest CAGR during 2020-30

Global Food waste management market is segmented by type into Cereals, Dairy products, Fruits & Vegetables, Meat, Fish & Sea Food, Processed Food, and Others. Fruits & Vegetable segment held the largest market share in the year 2020 due to a lack of adequate produce handling, transportation, and processing Ease in fresh produce waste management in the food management industry for the fruits and vegetable segment is expected to boost the market growth. Because of consumers' disregard for product expiration dates, the cereals waste type is expected to rise in popularity. Consumers' lack of awareness about cereal storage and preservation practices contributes to excessive wastage, which is expected to drive waste management demand in this segment over the forecast period.

Municipalities & Households segment to grow with the highest CAGR during 2020-30

Global Food waste management market is divided by source into Primary Food Producers, Food Manufacturers, Food Distributors & Suppliers, Food Service Providers and Municipalities & Households. Over the forecast period, the Municipalities & Households segment is projected to expand at the fastest pace. Food waste produced by households is expected to increase as the population grows and lifestyles change. Excessive shopping, excessive food preparation, inappropriate food handling, a lack of cooking skills, and improper storage are all factors that contribute to food waste in households. Food and meat spoilage due to changes in climatic conditions, improper handling, and the lack of proper storage facilities increased the amount of waste produced by food distributors and suppliers. Food waste is greatly increased by bulk size packaging combined with unsold stock in supermarkets.

Animal Feed segment to grow with the highest CAGR during 2020-30

Global Food waste management market is divided by application into Animal Feed, Fertilizers, Biofuel, and Power Generation. Over the forecast period, the Animal Feed segment is projected to expand at the fastest pace. Food waste can be used directly as animal feed or can be rendered and fed to livestock without incurring extra costs. Since other forms of food waste applications are more expensive, the cost of using waste in animal feed is significantly higher. Composting or anaerobic digestion of food waste produces digestate, which is high in microorganisms, micronutrients, carbon, and other nutrients including potash, phosphorus, calcium, sulfur, magnesium, and phosphate. The proper application of digestate as fertilizer helps farmers in soil management and reduces pollution of land and water due to synthetic fertilizer leaching.

Market Dynamics

Drivers

Rising foodservice industry and increase in the food supply

Over the projected period, the demand is expected to be driven by the rapidly rising foodservice industry. In fast service restaurants and other hotel chains, food wastage is relatively high. Furthermore, food waste has risen in the food supply chain over the last decade, resulting in the installation of many systems that include aerobic and anaerobic digestion processes for food waste recycling. Food waste has been observed to be large in developing and underdeveloped countries. To address this issue, governments in various countries are enacting strict rules and regulations in order to reduce food waste. Food waste management companies are primarily focused on the emerging economies of the Asia Pacific region in order to raise customer awareness about food waste and management.

Global concerns about food waste and government intervention

This increase can be due to growing global concerns about food waste. Consumer demand for new types of food and exotic foods, such as tropical fruits, premium coffee, and imported goods, is expected to keep pace with development. Increased exchange in food and food ingredients between countries has resulted in the creation of new supply chains, which has resulted in a rise in food waste. As a result, governments and food management agencies have enacted more stringent legislation, boosting business growth.

Restraint

Rising population and high costs associated with market

High cost of maintaining and operating food wastage as well as rising populations and high environmental awareness is expected to hamper the market for global food waste management.

Global Food Waste Management Market: Key Players

Covanta Ltd.

Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis

Stericycle, Inc.

Advanced Disposal Services, Inc.

Waste Connections, Inc.

Veolia Environment

Suez

Waste Management, Inc.

Republic Services, Inc.

FCC Environment

Other Prominent Players

Global Food Waste Management Market: Regions

Global Food waste management market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Global Food waste management in North America held the largest market share in the year 2020. This is due to the Solid Waste Association of North America's (SWANA) growing support and programs in waste management, which include residential, institutional, commercial, and industrial waste storage in order to reduce waste in North America. Food waste management adoption is expected to grow rapidly in Asia Pacific, owing to high exports of various food products to North American and European countries, resulting in increased food waste during transit. To - the total generation of food waste, governments are investing in cold chain logistics and improving farm productivity.

Global Food Waste Management Market is further segmented by region into:

North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada

Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America

Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe

Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC

Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA

Global Food Waste Management Market report also contains analysis on:

Food waste management Market Segments:

By Type

Cereals

Dairy products

Fruits & Vegetables

Meat

Fish & Sea Food

Processed Food

Others

By Source

Primary Food Producers

Food Manufacturers

Food Distributors & Suppliers

Food Service Providers

Municipalities & Households

By Application

Animal Feed

Fertilizers

Biofuel

Power Generation

Food Waste Management Market Dynamics

Food Waste Management Market Size

Supply & Demand

Current Trends/Issues/Challenges

Competition & Companies Involved in the Market

Value Chain of the Market

Market Drivers and Restraints

Food waste management Market Report Scope and Segmentation

Frequently Asked Questions

How big is the Food waste management market

What is the Food waste management market growth

Which segment accounted for the largest Food waste management market share

Who are the key players in the Food waste management market

What are the factors driving the Food waste management market

Contents

1. Executive Summary

2. Global Food Waste Management Market

1. Product Overview

2. Market Definition

3. Segmentation

4. Assumptions and Acronyms

3. Research Methodology

1. Research Objectives

2. Primary Research

3. Secondary Research

4. Forecast Model

5. Market Size Estimation

4. Average Pricing Analysis

5. Macro-Economic Indicators

6. Market Dynamics

1. Growth Drivers

2. Restraints

3. Opportunity

4. Trends

7. Correlation & Regression Analysis

1. Correlation Matrix

2. Regression Matrix

8. Recent Development, Policies & Regulatory Landscape

9. Risk Analysis

1. Demand Risk Analysis

2. Supply Risk Analysis

10. Global Food waste management Market Analysis

1. Porters Five Forces

1. Threat of New Entrants

2. Bargaining Power of Suppliers

3. Threat of Substitutes

4. Rivalry

2. PEST Analysis

1. Political

2. Economic

3. Social

4. Technological

11. Global Food Waste Management Market

1. Market Size & forecast, 2020A-2030F

1. By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

2. By Volume (Billion Units) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

12. Global Food Waste Management Market: Market Segmentation

1. By Regions

1. North America:(U.S. and Canada), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

2. By Type: Market Share (2020-2030F)

1. Cereals, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

2. Dairy Products, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

3. Fruits & Vegetables, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

4. Meat, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

5. Fish and Sea food, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

6. Processed food, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

7. Others, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

3. By Source: Market Share (2020-2030F)

1. Primary Food Producers, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

2. Food Manufacturers, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

3. Food Distributors & Suppliers, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

4. Food Service Providers, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

5. Municipalities & Households, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

4. By Application: Market Share (2020-2030F)

1. Animal Feed, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

2. Fertilizers, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

3. Biofuel, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

4. Power generation, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

Company Profile

1. Covanta Ltd.

1. Company Overview

2. Company Total Revenue (Financials)

3. Market Potential

4. Global Presence

5. Key Performance Indicators

6. SWOT Analysis

7. Product Launch

2. Stericycle, Inc.

3. Advanced Disposal Services, Inc.

4. Waste Connections, Inc.

5. Veolia Environment

6. Suez

7. Waste Management, Inc.

8. Republic Services, Inc.

9. FCC Environment

10. Other Prominent Players

Consultant Recommendation

**The above-given segmentation and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.

Methodology/Research Approach

Research Programs/Design

Market Size Estimation

Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).

The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.

Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report

The following figure shows an illustrative representation of the overall market size estimation process used for this study.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.

Data Source

Secondary Sources

Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.

Primary Sources

In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.

Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.

Key Executives Interviewed

Key Data Information from Primary Sources