The Global Food Waste Management Market- Growth, COVID-19 impact and Forecast (2021-2025)
The Global Food Waste Management market is segmented by Process type (Aerobic, Anaerobic, Combustion, and Others); Waste type; Source type; Application (Fertilizers, Animal feed, Biofuel and Power Generation); Region (North America, Europe, APAC, ROW).
Introduction
Food waste management involves various activities that are essential for disposing of food waste. It also includes waste prevention, collection, treatment, recovery, transportation as well as recycling with the help of various management procedures.
The increasing requirement for food waste management can be largely attributed to the rise in food processing waste, which includes agricultural, dairy food, poultry, and seafood processing waste.
Based on Food and Agriculture Organization (FAO) report, around one-third of the world’s total food is either wasted or lost, amounting to 1.6 billion tons. The wastage has accounted for around 4.4 GT of carbon dioxide emissions every year, which is around 8 percent of total GHG emissions.
Table of Contents
Executive Summary
Scope of the report
Research Methodology
Executive Summary
Introduction
5.1 Parent Market/ TAM
5.2 Market Outline
5.3 Market Segmentation
6. Five Force analysis
7. Market Sizing
8. Market segmentation
9. Geographical Landscape
9.1 APAC
9.2 Europe
9.3 North America
9.4 ROW
10. Growth drivers
10.1 Increase in usage of organic waste
10.2 Rising need for reducing greenhouse gas emissions
11. Key Market Trends
12. Impact of Covid-19
13. Challenges
14. Customer Insights analysis
15. Major Market Players
15.1 Veolia
15.2 Suez
15.3 Waste Management
15.4 Republic Services
15.5 Covanta
15.6 FCC Environment
15.7 Waste Connections
15.8 Remondis
15.9 Clean Harbors
15.10 Biffa Group
16. Recent Developments
17. Future Scope
18. Strategic Recommendations
Market Overview
The Global food waste management market is expected to grow to $45.80 billion by 2025.
Growth momentum is expected to accelerate during the forecast period with 5.20% CAGR.
Based on process type, anaerobic digestion led the market in 2020 as it helps recover energy and nutrients from the waste.
Europe dominated the market owing to excessive shopping, improper food management, overproduction, and negligence for food wasted
Key Trends
The lack of integrated waste management in the private sector in the APAC region is anticipated to propel the demand for the market in the coming years.
In recent times, the need for generating an alternate source of energy coupled with the emergence of technologies for waste disposal is expected to create lucrative opportunities in the near future.
Key Market Players
Some of the key players in the market are Veolia, Suez, Waste Management, Republic Services, Covanta, FCC Environment.
The industry participants are focusing on research and development to design and develop food waste management techniques to increase the production of the byproducts and reduce contamination levels in the environment.
Growth Drivers and Challenges
An increase in usage of organic waste for the production of animal feed and fertilizers is driving the market demand.
The rising need for reducing greenhouse gas emissions is also contributing to market growth.