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The Latin America, Middle East and Africa Food Waste Management Market would witness market growth of 7.6% CAGR during the forecast period (2017- 2023). Waste management companies have been focusing on recycling waste that is generated from the residential sector. Various new technologies are used in reducing and recycling this form of waste. Stringent waste management regulations incorporated by the world governments has led to the adoption of waste management services by various industry verticals. The adoption of waste management services in the food & beverage industry has given rise to recycling, prevention, and recovery methods, and as a result, significantly reducing waste.
The major factors limiting the growth of the market are landfills and incineration techniques, which cause adverse effects on the environment. The calorific value of waste which is measured based on the heat released from waste combustion, is directly related to the moisture contained in the waste, and it is a key performance indicator of the incineration processes. Landfills and incineration both contribute to the emission of GHG, which has led to global warming. Overflown landfills may also spread epidemic diseases in the areas surrounding.
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 Countries, the Food Waste Management market segments the market into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA. 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.