Product Code: CMI7140
The food waste management market is estimated to be valued at USD 77.69 Bn in 2024 and is expected to reach USD 113.13 Bn by 2031, growing at a compound annual growth rate (CAGR) of 5.5% from 2024 to 2031.
Report Coverage |
Report Details |
Base Year: |
2023 |
Market Size in 2024: |
US$ 77.69 Bn |
Historical Data for: |
2019 to 2023 |
Forecast Period: |
2024 to 2031 |
Forecast Period 2024 to 2031 CAGR: |
5.50% |
2031 Value Projection: |
US$ 113.13 Bn |
Figure. Food Waste Management Market Share (%), By Region 2024
Food waste is a serious issue worldwide that negatively impacts the environment and economy. It is estimated that over one-third of the food produced for human consumption gets wasted, which amounts to billions of tones ending up in landfills annually. If left unchecked, food waste contributes significant amounts of methane and carbon dioxide emissions. It also squanders water, energy, and other resources used in food production. With growing awareness about this issue, governments and businesses are implementing strategies and solutions to reduce waste at various points in the supply chain from production to consumption. Food waste management is garnering attention as an important part of sustainable waste management practices and efforts to achieve food security.
Market Dynamics:
The global food waste management market is driven by the rising awareness about environment and health hazards of food waste among consumers and industries. Government policies and regulations promoting the reduction of food waste going to landfills are also propelling the market growth. For instance, the EU Landfill Directive restricts food waste from being sent to landfills. Growing adoption of advanced food waste management solutions like anaerobic digestion that converts waste into renewable energy presents a major opportunity in this market. High initial costs of these systems could restrain market expansion. However, increasing focus on deriving monetary benefits from food waste will help overcome this challenge. Rising demand for organic compost and novel recycling methods will open new avenues for market players in the coming years.
Key Features of the Study:
- This report provides in-depth analysis of the global food waste management market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global food waste management market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Winnow Solution, Veolia, Shree Sai Damage Food recycler, Waste Ventures India, Suez, Saahas Zero WasteWaste Management, Inc., Republic Services, Inc., Covanta Ltd., Stericycle, Inc., Remondis SE & Co., KG, Clean Harbors, Inc., Biffa, Rumpke, Advanced Disposal Services, Inc., Cleanaway, FCC Recycling (UK) Limited, DS Smith, MobiTrash , Keenan Recycling, and Bio Collectors
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global food waste management market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global food waste management market
Detailed Segmentation-
- By Source:
- By Waste Type:
- Dairy & Dairy Products
- Fruits & Vegetables
- Meat & Poultry
- Fish & Seafood
- Oilseeds & Pulses
- Others (Roots & Tubers, etc.)
- By Service Type:
- Collection
- Transportation
- Disposal/Recycling
- Others
- By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Company Profiles:
- Winnow Solution
- Veolia
- Shree Sai Damage Food recycler
- Waste Ventures India
- Suez
- Saahas Zero WasteWaste Management, Inc.
- Republic Services, Inc.
- Covanta Ltd.
- Stericycle, Inc.
- Remondis SE & Co., KG
- Clean Harbors, Inc.
- Biffa
- Rumpke
- Advanced Disposal Services, Inc.
- Cleanaway
- FCC Recycling (UK) Limited
- DS Smith
- MobiTrash
- Keenan Recycling
- Bio Collectors
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Source
- Market Snippet, By Waste Type
- Market Snippet, By Service Type
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- PEST Analysis
- PORTER's Five Forces Analysis
- Market Opportunities
- Regulatory Scenario
- Industry Trend
- Mergers and Acquisitions
4. Global Food Waste Management Market - Impact of Coronavirus (COVID-19) Pandemic
- Overview
- Factors Affecting the Global Food Waste Management Market
- Impact Analysis
5. Global Food Waste Management Market, By Source, 2019-2031, (US$ Bn)
- Introduction
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Residential
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
- Industrial
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
6. Global Food Waste Management Market, By Waste Type, 2019-2031, (US$ Bn)
- Introduction
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Dairy & Dairy Products
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
- Fruits & Vegetables
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
- Meat & Poultry
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
- Fish & Seafood
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
- Oilseeds & Pulses
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
- Others (Roots & Tubers, etc.)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
7. Global Food Waste Management Market, By Service Type, 2019-2031, (US$ Bn)
- Introduction
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Collection
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
- Transportation
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
- Disposal/Recycling
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
8. Global Food Waste Management Market, By Region, 2019-2031, (US$ Bn)
- Introduction
- Market Share Analysis, By Region, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020-2031
- North America
- Introduction
- Market Size and Forecast, By Source, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Waste Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Service Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
- Latin America
- Introduction
- Market Size and Forecast, By Source, 2019 - 2031, (US$ Bn))
- Market Size and Forecast, By Waste Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Service Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Introduction
- Market Size and Forecast, By Source, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Waste Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Service Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
- U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, By Source, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Waste Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Service Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Middle East & Africa
- Introduction
- Market Size and Forecast, By Source, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Waste Type, 2019 - 2031 (US$ Bn)
- Market Size and Forecast, By Service Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
- GCC Countries
- Israel
- Rest of Middle East & Africa
9. Competitive Landscape
- Market Share Analysis
- Company Profiles
- Winnow Solution
- Company Overview
- Source Portfolio
- Recent Developments/Updates
- Veolia
- Company Overview
- Source Portfolio
- Recent Developments/Updates
- Shree Sai Damage Food recycler
- Company Overview
- Source Portfolio
- Recent Developments/Updates
- Waste Ventures India
- Company Overview
- Source Portfolio
- Recent Developments/Updates
- Suez
- Company Overview
- Source Portfolio
- Recent Developments/Updates
- Saahas Zero WasteWaste Management, Inc.
- Company Overview
- Source Portfolio
- Recent Developments/Updates
- Republic Services, Inc.
- Company Overview
- Source Portfolio
- Recent Developments/Updates
- Covanta Ltd.
- Company Overview
- Source Portfolio
- Recent Developments/Updates
- Stericycle, Inc.
- Company Overview
- Source Portfolio
- Recent Developments/Updates
- Remondis SE & Co., KG
- Company Overview
- Source Portfolio
- Recent Developments/Updates
- Clean Harbors, Inc.
- Company Overview
- Source Portfolio
- Recent Developments/Updates
- Biffa
- Company Overview
- Source Portfolio
- Recent Developments/Updates
- Rumpke
- Company Overview
- Source Portfolio
- Recent Developments/Updates
- Advanced Disposal Services, Inc.
- Company Overview
- Source Portfolio
- Recent Developments/Updates
- Cleanaway
- Company Overview
- Source Portfolio
- Recent Developments/Updates
- FCC Recycling (UK) Limited
- Company Overview
- Source Portfolio
- Recent Developments/Updates
- DS Smith
- Company Overview
- Source Portfolio
- Recent Developments/Updates
- MobiTrash
- Company Overview
- Source Portfolio
- Recent Developments/Updates
- Keenan Recycling
- Company Overview
- Source Portfolio
- Recent Developments/Updates
- Bio Collectors
- Company Overview
- Source Portfolio
- Recent Developments/Updates
10. Analyst Recommendations
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
11. Section
- References
- Research Methodology
- About Us and Sales Contact
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