Key Market Indicators
Germany is projected to remain one of the world's leading food waste markets over the forecast period. By 2026, food waste generated and treated in the country is set to reach 51,230 Thousand Metric Tons and 50,850 Thousand Metric Tons respectively. This is a slight increase from 2021, when Germany was the second largest market worldwide with 50,870 Thousand Metric Tons of food waste treated. Since 1998, German food waste has decreased by 0.5% year on year. In 2021, the United States overtook Germany, while China, Japan, and Mexico were the other top four markets respectively. Germany is expected to remain among the world's leading food waste markets in the coming years. By 2026, the country's food waste generated and treated is expected to reach 50,850 Thousand Metric Tons and 51,230 Thousand Metric Tons respectively, registering a slight increase from 2021.
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The surge in worldwide food production and consumption has inevitably led to an increase in food waste, unveiling ample opportunities in the food waste management market. For businesses, there's potential for profit in recycling or repurposing food waste into fertilizers, animal feed, and bioenergy. For governments and municipalities, reduced landfill...Read more