Global Food Waste Management Market By Waste Type (Fruits and Vegetables, Cereals, Oilseeds, Pulses System, Non-Veg Food, Dairy Products), Process (Anaerobic Digestion, Aerobic Digestion, Incineration/Combustion), Application (Animal Feed, Fertilizers, Biofuel, Power Generation)
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The Global Food Waste Management Market size is expected to reach $44.7 billion by 2023, rising at a market growth of 6.1% CAGR during the forecast period. The factors that contribute to the growth of the food waste management market are growing use of organic waste which is used in the production of animal feed and fertilizers, need for reducing greenhouse gas emission, and growing concerns over global food wastage. Landfill and incineration techniques are the two major factors that are limiting the market growth. Landfilling and incineration processes are traditionally methods used to dispose waste. Incineration is the first priority among the tow, as the process is convenient, requires small land, and eliminates the problem of methane gas release which is caused due to landfills.
Based on Waste Type, the market report segments the market into Fruits & Vegetables, Cereals, Oilseeds & Pulses, Non-Veg Food, Dairy Products, and Others. Based on Process, the market report segments the market into Anaerobic Digestion, Aerobic Digestion, Incineration/Combustion, and Other Processes. Based on Application, the market report segments the market into Animal Feed, Fertilizers, Biofuel, and Power Generation. Based on Regions, the Food Waste Management market segments the market into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa. The market research report covers the analysis of key stake holders of the Food Waste Management Market. Key companies profiled in the report include Veolia Environnement S.A., SUEZ, Waste Management, Inc., Republic Services, Inc., Stericycle, Inc., Covanta Holding Corporation, REMONDIS SE & Co. KG, Waste Connections, Inc., Clean Harbors, Inc., and Biffa Group Limited.