Food Waste Management Industry Analysis, Future Growth, Business Prospects and Forecast to 2023
Food Waste Management Market: by Processes (Aerobic Digestion), Waste Type (Food Production Waste), End Use (Animal Feed) and Region - Forecast till 2023
(EMAILWIRE.COM, October 25, 2017 ) Market Overview
Food waste management refers to all the activities and actions mandatory to accomplish waste from its initiation to its final clearance. It includes collection, transport, treatment, and disposal of waste along with waste monitoring and regulation. The market is experiencing rapid growth due to increasing waste food processing, which include poultry, meat, and seafood waste, agricultural waste, dairy food waste, and waste from other types of food processing.
Market Forecast
The global food waste management market has been witnessing an immense growth over the last few years owing to increasing government initiatives and awareness programs for waste food management. Additionally, governments of various developing countries are implementing several rules and regulation in to minimize the food wastages. Currently, food service industry is undergoing a huge growth both in developed and developing economies. So, the food wastage is also increasing gradually in the restaurant and other food service industry. Many governments of developed countries in Europe has made it compulsory for food manufacturers to deal with food waste recycling and disposal in an environmental friendly process, which is anticipated to be one of the key factors for the rising growth of food waste management during the forecast period of 2017-2023.
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Competitive Analysis
The Major Key Players in the Food Waste Management Market are
Republic Services, Inc. (U.S.)
Stericycle, Inc. (U.S.)
Covanta Holding Corporation (U.S.)
Waste Connections, Inc. (Canada)
Andritz Ag (Austria)
Waste Management, Inc. (U.S.)
Veolia Environnement S.A. (France)
Global food waste management market is highly concentrated in North America. Europe has massive potential for food waste management owing to increasing awareness regarding food wastage in the Western European countries.
Downstream Analysis
Anaerobic digestion segment is estimated to account for major market proportion in the global food waste management market in the year of 2017. Anaerobic digestion works irrespective of weather. So, it is considered to be one of the lucrative source of energy. Among the waste type, food processing waste is estimated to account for 40% of the global food waste management market in the year of 2017 and it is estimated to retain its dominance throughout the forecast period 2017-2023. Among the end use, animal feed is accounting for major market proportion in 2017. Fertilizers segment is expected to grow at a fast pace as compared to the other segment during the forecast period of 2017-2023.
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Regional Analysis
The global food waste management market is segmented into North America, Europe, Asia Pacific, and the rest of the world (RoW). Among these, North America region is expected to retain its dominance throughout the forecast period 2017-2023. The growth in North America is attributed to the massive awareness regarding food wastage among the consumers and also the concentration of key players in the U.S. Europe is also estimated to account for more than one fourth of the market proportion in the global food waste management market. Among the European countries, Germany is projected to account for the maximum share during the forecast period 2017-2023. Asia Pacific region is projected to grow at a fast pace during the forecast period of 2017-2023.
Market Segmentation
Global food waste management market is segmented by process, waste type, end use and region
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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Contact
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Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com
Food waste management refers to all the activities and actions mandatory to accomplish waste from its initiation to its final clearance. It includes collection, transport, treatment, and disposal of waste along with waste monitoring and regulation. The market is experiencing rapid growth due to increasing waste food processing, which include poultry, meat, and seafood waste, agricultural waste, dairy food waste, and waste from other types of food processing.
Market Forecast
The global food waste management market has been witnessing an immense growth over the last few years owing to increasing government initiatives and awareness programs for waste food management. Additionally, governments of various developing countries are implementing several rules and regulation in to minimize the food wastages. Currently, food service industry is undergoing a huge growth both in developed and developing economies. So, the food wastage is also increasing gradually in the restaurant and other food service industry. Many governments of developed countries in Europe has made it compulsory for food manufacturers to deal with food waste recycling and disposal in an environmental friendly process, which is anticipated to be one of the key factors for the rising growth of food waste management during the forecast period of 2017-2023.
Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/4343
Competitive Analysis
The Major Key Players in the Food Waste Management Market are
Republic Services, Inc. (U.S.)
Stericycle, Inc. (U.S.)
Covanta Holding Corporation (U.S.)
Waste Connections, Inc. (Canada)
Andritz Ag (Austria)
Waste Management, Inc. (U.S.)
Veolia Environnement S.A. (France)
Global food waste management market is highly concentrated in North America. Europe has massive potential for food waste management owing to increasing awareness regarding food wastage in the Western European countries.
Downstream Analysis
Anaerobic digestion segment is estimated to account for major market proportion in the global food waste management market in the year of 2017. Anaerobic digestion works irrespective of weather. So, it is considered to be one of the lucrative source of energy. Among the waste type, food processing waste is estimated to account for 40% of the global food waste management market in the year of 2017 and it is estimated to retain its dominance throughout the forecast period 2017-2023. Among the end use, animal feed is accounting for major market proportion in 2017. Fertilizers segment is expected to grow at a fast pace as compared to the other segment during the forecast period of 2017-2023.
Access Report Details @ https://www.marketresearchfuture.com/reports/food-waste-management-market-4343
Regional Analysis
The global food waste management market is segmented into North America, Europe, Asia Pacific, and the rest of the world (RoW). Among these, North America region is expected to retain its dominance throughout the forecast period 2017-2023. The growth in North America is attributed to the massive awareness regarding food wastage among the consumers and also the concentration of key players in the U.S. Europe is also estimated to account for more than one fourth of the market proportion in the global food waste management market. Among the European countries, Germany is projected to account for the maximum share during the forecast period 2017-2023. Asia Pacific region is projected to grow at a fast pace during the forecast period of 2017-2023.
Market Segmentation
Global food waste management market is segmented by process, waste type, end use and region
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Contact
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com
Contact Information:
Marketresearchfuture
Market Research Future
Tel: +1 (646) 845 9349
Email us
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Marketresearchfuture
Market Research Future
Tel: +1 (646) 845 9349
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results