iCrowdNewswire Mar 2, 2021 5:00 AM ET
According to IMARC Group’s latest report, titled “Food Waste Management Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global food waste management market grew at a CAGR of around 5% during 2015-2020. Looking forward, IMARC Group expects the global market to continue its moderate growth during 2021-2026.
Food waste management involves the use of a systematic approach for collecting, segregating, disposing of, treating, transporting as well as containing food waste generated during agricultural, dairy food, poultry, and seafood processing. Effective food waste management is essential for the conservation of the environment as it reduces methane emissions from landfills and returns nutrients to the soil in the form of compost. Landfills, composting, and anaerobic digestion of the generated wastes are some of the common disposal techniques that are used across the commercial as well as residential sectors.
Due to considerable growth in the food and beverages sector across the globe, there has been a rise in the generation of large volumes of food wastes from hotels, restaurants, and fast-food joints, which, in turn, has driven the requirement for effective food waste management solutions. Furthermore, the governments of various countries are taking initiatives to improve their waste management systems at residential and commercial levels to reduce the excessive use of landfills for disposing of food wastes. Also, they are spreading awareness regarding waste recycling and proper segregation of wastes, which is creating a positive outlook for the market. Moreover, continual technological advancements, such as the introduction of automated waste collection systems, novel sensor-based technology, and enzyme-based food management solutions, are improving the efficiency of food waste management solutions on the global level, thereby providing an impetus to the food waste management market growth.
Get a PDF sample of this report for more detailed market insights: https://www.imarcgroup.com/food-waste-management-market/requestsample
Food Waste Management Market 2021-2026 Competitive Analysis and Segmentation:
The competitive landscape of the food waste management market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Clean Harbors Inc.
- Covanta Holding Corporation
- FCC Environment (UK) Limited
- Hulsey Environmental Services Inc.
- Remondis SE and Co. KG
- Republic Services Inc.
- Stericycle Inc.
- Suez (Sofina)
- Veolia and Waste Management Inc.
The report has segmented the global food waste management market on the basis of waste type, process, source, application and region.
Breakup by Waste Type:
- Dairy Products
- Fruits and Vegetables
- Fish and Sea Food
- Processed Food
Breakup by Process:
- Aerobic Digestion
- Anaerobic Digestion
Breakup by Source:
- Primary Food Producers
- Food Manufacturers
- Food Distributors and Suppliers
- Food Service Providers
- Municipalities and Households
Breakup by Application:
- Animal Feed
- Power Generation
Breakup by Region:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
Explore full report with table of contents: https://www.imarcgroup.com/food-waste-management-market
Key highlights of the report:
- Market Performance (2014-2019)
- Market Outlook (2020- 2025)
- Market Drivers and Success Factors
- Market Trends
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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