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Food Waste Management Market by Waste Type, Application, End user, Process And Region - Global Forecast to 2022

Food Waste Management Market: Global Forecast until 2022

  • September 2017
  • 156 pages
  • ID: 5098911
In this report:
The amount of greenhouse gas (GHG) emitted from waste is increasing steadily; according to Eurostat, the GHG emission from 1990 to 2011 was approximately ## million tons per year in EU-##. Rise in greenhouse gas emissions globally has prompted the need to treat food waste, which may help reduce the emission of such gases.

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"The overall food waste management market is estimated to rise at a compound annual growth rate of ~6.0 percent"

The overall food waste management market is projected at ~$31.7B in 2017 and is projected to extend ~$42.4B by 2022, at a compound annual growth rate of ~6.0 percent during the forecast period. The primary factors that drive the industry are increase in overall food waste, need for reducing greenhouse emissions, and rise in the usage of organic waste for the production of animal feed & fertilizers. One of the main restraining factors includes landfill and incineration techniques causing adverse effects on the environment.

"The fruits & vegetables segment, by waste type, is presumed to grow at the maximal CAGR (Compound annual growth rate) during the estimate period"

The fruits & vegetables segment is expected to increase at the maximal compound annual growth rate (CAGR) during the outlook period. The rate of wastage from fruits & vegetables together with roots and tuber is the more considerable, due to its high biodegradability. Different processes including anaerobic co-digestion, biodiesel spraying, combustion, and composting are used to treat the waste. Other than disposal methods, these wastes can be used as feed for livestock.

"The food service providers segment, by end-user, is expected to rise at the highest CAGR (Compound annual growth rate) during the estimate period"

The food service industry includes food waste from hotels and restaurants. The waste generated in the food service industry is due to high consumption of food & beverage products. The scope of food waste management services has increased over time in the food service industry as several systems are being installed & utilized by hotel chains and restaurants involving aerobic and anaerobic digestion processes for recycling food waste.

"The North American area is expected to grow at the highest compound annual growth rate (CAGR) during the outlook period"

The North American area is expected to hold the biggest market by 2022. The territory generates a main amount of the total world's food waste. Increase in this area can be accredited to the different innovations in distinct processes of food waste management that help to meet the increasing demand of the food manufacturers.

Break-up of Primaries:

• By Company category: Tier 1 - 10.0 percent; Tier 2 - 25.0 percent; Tier 3 - 45.0 percent; and Tier 4 - 20.0 percent

• By Description: C-suite - 10.0 percent; D-level - 30.0 percent, and Others - 60.0 percent;

• By Area: North America continent - 20.0 percent, Europe (EU) - 15.0 percent, Asia Pacific (APAC) - 45.0 percent, South America region - 10.0 percent, and rest of the world - 5.0 percent

The top players in the food waste management market contain:

• Veolia Environnement

• SUEZ

• Waste Management, Incorporated

• Republic Services, Incorporated

• Stericycle, Incorporated

• Covanta Holding Corporation

• Advanced Disposal Services, Incorporated

• REMONDIS SE & Co. KG

• Waste Connections, Incorporated

• Clean Harbors, Incorporated

• Biffa Group Limited

• Rumpke Consolidated Firms, Incorporated

• Advance Disposable Services, Incorporated

Segment Research

The study offers the food waste management market across several segments. It aims at evaluating the market value and upcoming growth potential of this market across distinct waste types, processes, applications, final users, and localities. The analysis also comprises a detailed competitive analysis of the top players in the sector together with their company descriptions, recent evolutions, and strategic management.

Key Reasons to acquire the market research:

• To get an overview of the overall food waste management market

• From an insight perspective, this market research has emphasized in-depth analyses-industry, market share of top actors, and company descriptions

• this business report also explains high-growth segments of the overall food waste management market, its high-growth regions and, drivers, market restraints, alternatives, and opportunities

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