According to a new market report published by Lucintel, the future of the food waste management market looks promising with opportunities in the primary food producing and food manufacturing industries. The global food waste management market is expected to grow with a CAGR of 6% from 2020 to 2025. The major drivers for this market are increasing use of organic waste for the production of feed & fertilizers, rise in global food waste, and need for reducing greenhouse gas emission.
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Food waste management is the system of practicing the reduction and reuse of waste generated from the food industry as much as possible. In this market, aerobic digestion and anaerobic digestion are the major processes of food waste management. Lucintel forecasts that anaerobic digestion will remain the largest process segment over the forecast period, as the energy produced through anaerobic digestion is neither dependent on weather nor subject to price fluctuations.
Within this market, cereals will remain the largest waste type segment over the forecast period due to increased consumption of cereal based food as main courses all over the globe.
North America will remain the largest region over the forecast period due to rising practice of storage and recycling of residential waste, integrated solid waste management and institutional, commercial, and industrial solid waste in order to reduce waste in the region.
Veolia Environnement, SUEZ, Waste Management, FCC Environment, Remondis, Stericycle, and Clean Harbors are among the major suppliers in the global food waste management market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global food waste management market by waste type, application, end user, process, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Food Waste Management Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global food waste management market by waste type, application, end user, process, and region as follows:
By Waste Type [Value ($ Million) shipment analysis for 2014 – 2025]:
By Application [Value ($ Million) shipment analysis for 2014 – 2025]:
By End User [Value ($ Million) shipment analysis for 2014 – 2025]:
Primary Food Producers
Food Manufacturers
By Process [Value ($ Million) shipment analysis for 2014 – 2025]:
Aerobic Digestion
Anaerobic Digestion
By Region [Value ($ Million) shipment analysis for 2014 – 2025]:
United States
Canada
Mexico
United Kingdom
Spain
Germany
France
This more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
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