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Global Food Waste Management Market Size, Share, Growth Report 2030

The global Food Waste Management Market earned approximately 35.2 (USD Billion) in 2020 and is expected to earn approximately 53.10 (USD Billion) by 2028, with a CAGR of nearly 5.5% from 2021 to 2028.

The report provides a global and regional assessment and analysis of the Food Waste Management Market. The report provides an in-depth analysis of market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report includes historical data from 2018 to 2020, as well as a revenue forecast from 2021 to 2028. (USD Billion).

Overview of the Food Waste Management Market

Food waste, as well as food accumulation, is a new issue that has arisen as a result of the world's population growth. The exponential rise in food waste has resulted in severe environmental pollution, health issues, and a scarcity of land for food disposal. As a result, there is an urgent need to address the issue of food waste while also taking appropriate measures to curb it through the adoption of standard management practises known as food waste management solutions. Furthermore, various models and approaches for waste food processing and management activities are investigated and designed. Furthermore, anaerobic digestion has been identified as one of the most environmentally friendly and promising approaches for food waste management, and it has the potential to contribute.

According to NCBI, after food waste recycling and heat treatment, there is a high demand for food waste for animal feed in several East Asian countries and European countries such as the UK. In the UK, studies were conducted to better understand the benefits of using food waste for pig feed. A hybrid and consequential life cycle assessment was also performed to compare the ecological and health effects of four food waste processing techniques.

Food Waste Management Market: Regional Landscape

By 2028, Europe will have made significant contributions to overall market share.

The focus of EU countries on adopting effective food disposal methods has resulted in the expansion of the food waste management market in Europe over the assessment period. Huge government investments in research activities related to the development of proper food disposal procedures in EU countries will increase the size of the regional market. The extraction of biogas from food wastes via anaerobic digestion in countries such as Germany will open up new avenues for market growth in Europe. For the record, Germany currently has approximately 9,000-10,000 biogas plants that are operated by farmers.

Food Waste Management Market: Competitive Landscape

FCC Environment Ltd., Veolia Environnement S.A., SUEZ, Waste Management Inc., Remondis SE Co. KG, Stericycle Inc., Clean Harbors Inc., Covanta Holding Corporation, Advanced Disposable Services Inc., and Waste Connections Inc. are among the key players profiled in the report and leveraging growth in the food waste management market.

The global Food Waste Management Market is segmented as follows:

By Waste Type

Cereals

Dairy Products

Fruits Vegetables

Processed Foods And Coffee Grounds Tea

Meat

Fish Seafood

Oilseeds Pulses

By Application

Animal Feed

Fertilizers

Biofuel Power Generation

By Process

Aerobic Digestion

Anaerobic Digestion

Incineration/Combustion

By Region

North America

The U.S.

Canada

Europe

France

The UK

Spain

Germany

Italy

Rest of Europe

Asia Pacific

China

Japan

India

South Korea

Southeast Asia

Rest of Asia Pacific

Latin America

Brazil

Mexico

Rest of Latin America

Middle East Africa

GCC

South Africa

Rest of Middle East Africa

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