Food Waste Management Market split by Type, Service, Application and Region
The global food waste management market is growing continually mainly due to the rapidly spreading awareness about waste management and the technological advancements that are increasingly providing solutions for waste management. Management of food waste also delivered some unique advantages such as the generation of electricity, biogas/ natural gas, and compost fertilizers while creating a healthy environment to live. These advantages have further escalated the market on the global platform.
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MRFR has segmented its analysis into four key dynamics for enhanced understanding.
By Processes: Anaerobic Digestion, Aerobic Digestion, Combustion and others.
By Food Waste Types: Processing Waste, Production Waste, Distribution and Supply Chain Waste, Retail Waste and Consumption Waste (household and food services).
By End Users: Fertilizer, Renewable Energy, Animal Feed, Biofuels and others.
By Regions: North America, Europe, APAC, and the Rest-of-the-World.
Continuing with its dominance, the food waste management market in the North American region is expected to surge attributing to the wide uptake of advanced technologies in the management of food waste, widespread awareness about the waste management, and the highly penetrated F&B industry. The U.S. and Canada backed with their rapidly growing FWM markets account for key contributors to the market growth in the region.
Prominent Key Players
Some of the eminent leaders of the market include Republic Services, Inc. (U.S.), Andritz Ag (Austria), Veolia Environnement S.A. (France), Waste Connections, Inc. (Canada), Waste Management, Inc. (U.S.), Stericycle, Inc. (U.S.), and Covanta Holding Corporation (U.S.).
Improving economic conditions in India and China, the Asia Pacific market for food waste management is expected to witness exponential growth. Increasing adoption of food waste management technologies backed by the increasing restaurant businesses in the region is another key factor driving the regional market.
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Industry/ Innovation/ Related News:
October 03, 2018 – BioHiTech Global, Inc. (US), a leading technology and services company providing cost-effective and sustainable waste management solutions, announced the results of an independent Life Cycle Assessment (LCA) of its aerobic digester solution for food waste conducted by the Department of Civil and Environmental Engineering at the University of Delaware.
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