According to a new report published by Reports Monitor titled, “Global food waste management, Growth Opportunities, Innovations and Forecast, 2018-2025,” the food waste management market is rapidly growing from 2018 to 2025.
Global food waste management is management of waste generating after food consumption or surplus foods, it comprises of dump related to processing loss, production inefficiency, consumption issue. The consumption issue is due miss management from human source which includes uneven production and consumption in restaurants, marriage, home and others.
Rise in use of bio fuel energy leading to growth of this market. Discarded substance from industry that is not recycled will be disposed of at the waste to energy facility for energy recovery. Recycling process produces the animal feed and organic fertiliser. Rising demand in end use application including animal feed, renewable energy source is driving the market. Further, Government initiative towards waste management furthermore requirement of reduction in green house gas in addition is also driving the market. Compliance with the United Nations Objective to Minimize Waste Disposal into Landfills and Need of Addressing Falling Natural Resources boosts the growth by increasing the awareness among the countries.
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Incineration and landfills of non degradable products are harmful for soil and ultimately leading to soil pollution. Opportunities in the market are immense as there is a requirement to produce alternative source of energy, poor integrated waste management systems are being followed by private sectors and for improvement waste management system is required, opportunities are really high in the rural segment and the development going on in the technologies of waste management system is another opportunity for the market.
The market is segmented on the basis of waste type which includes cereals, dairy products, fruits and vegetables, meat, fish & sea foods, oilseeds and pulses, processed food, coffee grounds and tea. This market is again separated on the basis of process which includes aerobic and anaerobic digestion, incineration/combustion and others. Another way in which market is distributed is application which includes animal feeds, fertilisers, bio fuel, and power generation if end user is taken into consideration the market.
The global food waste management market is studied across regions: North America, Europe, Asia Pacific and LAMEA (Latin America, Middle East and Africa). The North American region is projected to grow at the highest CAGR during the forecast period. The countries covered in the North American region are projected to be the fastest-growing markets for food waste management, due to the presence of large players such as Waste Management, Inc. (US) and Republic Services, Inc. (US). The growth of the primary producers and food distributors, along with food safety regulations in the country, is driving the food waste management market growth.
Key players:
Veolia Environment, Suez, Waste Management Inc, Stericycle Inc., Waste Connection Inc., Clean Harbors Inc., and others. The market includes players catering to global as well as their local markets.
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Research Scope
The study for Global Food Waste Management Market will provide market size, estimates and forecast based on the following years:
Historic data: 2015
Base Year Estimate: 2016
Forecast: 2017 to 2025
The report has been categorized in two distinctive sections, where the first category titled as Market Overview provides a holistic view of the market, key trends, drivers, challenges/restraints or opportunities with their current and expected impact on the overall industry sales.
Our analyst implement several qualitative tools such as Ansoff’s Matrix, PESTEL analysis, Porter’s five force analysis among other to interpret and represent key industry findings.
The second section of the study provides market size, estimates and forecast for key market segments and regional market. The final part of the report highlights key manufacturers/vendors operating in the associated market.
1.Introduction
1.1 Market Definition
1.2. Market Scope
2.Research Methodology
2.1. Primary Research
2.2. Secondary Sources
2.3. Assumptions & Exclusions
3. Market Overview
3.1. Research Report Segmentation & Scope
3.2. Food Waste Management- Value Chain Analysis
3.3. Key Market Trend Analysis
3.3.1. Market Drivers
3.3.2. Market Restraint/Challenges
3.3.3. Market Opportunities
3.4. Porter’s Five Forces Analysis
3.5. Potential Venture Avenues
3.6. Market Share Analysis, 2016
3.7. Market Overview – Food Waste Management, Product Landscape
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