Food Waste Management Market Growth Trend & Forecast with latest research study released by Delvens evaluating the market risk side analysis, highlighting opportunities, and leveraging strategic and tactical decision-making support. The report provides information on market trends and development, growth drivers, technologies, and the changing investment structure of the Global Food Waste Management Market.
The global Food Waste Management Market size is expected to reach USD 8,250 million and is projected to reach a CAGR of 15.3% from 2023-2030.
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The business and commercial sector that offers products and services for the management and reduction of food waste is referred to as the "food waste management market." Due to the increased awareness of the negative effects that food waste has on the environment, economy, and society, this industry has recently attracted more attention. Many businesses and organizations are currently striving to create cutting-edge technology and approaches to address this problem.
Preventing food waste in the first place is the best method to control it. This may be achieved by taking steps like better inventory management, better storage, and handling procedures, and teaching customers about portion control and smart buying. Food that is extra but still suitable for consumption might be given to charities, shelters, or food banks. There are programs in several nations that promote the donation of extra food from families, restaurants, and companies to people in need.
Regional Analysis
Europe to Dominate the Market
The Europe region is expected to be the largest region in the Food Waste Management market during the forecast period.
The Chinese government is putting up a number of programs to cut down on consumable waste. The Clean Your Plate Campaign and other public education initiatives are promoting anti-food debris behavior. The company owners are implementing new business strategies for managing debris utilizing a variety of technology.
Competitive Landscape
· Advanced Disposal Services, Inc.
· Clean Harbors, Inc.
· Covanta Ltd.
· FCC Environment
· Remondis SE & Co. KG
· Republic Services, Inc.
· Stericycle Inc
· Suez
· Veolia
· Waste Connections, Inc.
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Recent Developments
In 2021, SUEZ introduced innovative food waste management solutions, such as the "Biomethane from Waste" project.
In 2021, Veolia collaborated with food industry leaders and launched the "IncrEATible" initiative to tackle food waste in the hospitality sector.
Food Waste Management Market is segmented into various segments such as process, source, and region:
On the basis of process
· Aerobic
· Anaerobic
· Combustion/Incineration
· Others
On the basis of source
· Primary Food Producers
· Food Manufacturers
· Food Distributors & Suppliers
· Food Service Providers
· Municipalities & Households
On the basis of region
· Asia Pacific
· North America
· Europe
· South America
· Middle East & Africa
Reasons to Acquire
· Increase your understanding of the market for identifying the best and most suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends, and factors
· Gain authentic and granular data access for Food Waste Management Market so as to understand the trends and the factors involved in changing market situations
· Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
· In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns
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In addition to the market data for Food Waste Management Market, Delvens offers client-centric reports customized according to the company’s specific demand and requirements.
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Food Waste Management Market size is expected to reach USD 8,250 million and is projected to reach a CAGR of 15.3% from 2023-2030.
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