Food Waste Management Market Surges to USD 60.64 Billion by 2031, Propelled by 4.65% CAGR – Verified Market Research®

The food waste management market is driven by increasing awareness of environmental sustainability, stringent government regulations, and advancements in waste management technologies. The rising global food waste volume and the need for efficient waste disposal methods further bolster growth. However, market restraints include high initial investment costs, complex regulatory frameworks, and logistical challenges in waste collection and processing. Additionally, the lack of awareness and infrastructure in developing regions poses significant hurdles.

Lewes, Delaware, July 15, 2024 (GLOBE NEWSWIRE) — The Global Food Waste Management Market Size is projected to grow at a CAGR of 4.65% from 2024 to 2031, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 42.15 Billion in 2023 and is expected to reach USD 60.64 Billion by the end of the forecast period.

Download PDF Brochure: https://www.verifiedmarketresearch.com/download-sample?rid=17125

Browse in-depth TOC on “Global Food Waste Management Market Size”

202 – Pages

126 – Tables

37 – Figures

Scope Of The Report

REPORT ATTRIBUTES	DETAILS
STUDY PERIOD	2021-2031
BASE YEAR	2024
FORECAST PERIOD	2024-2031
HISTORICAL PERIOD	2021-2023
UNIT	Value (USD Billion)
KEY COMPANIES PROFILED	Veolia Environnement, Suez, Waste Management Inc, FCC Environment Ltd, Remondis SE & Co KG, Republic Services Inc, Covanta Holding Corporation, Waste Connections Inc, Clean Harbors Inc, Stericycle Inc
SEGMENTS COVERED	By Waste Type, By Waste Management Method, By End-User Industry, and By Geography
CUSTOMIZATION SCOPE	Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope

Food Waste Management Market Overview

Increasing Environmental Awareness: The food waste management market is being stimulated by the increasing environmental awareness of both businesses and consumers. In order to mitigate their ecological impact, organizations are increasingly implementing sustainable practices, such as efficient waste management solutions. This trend substantially increases the demand for sophisticated food waste management technologies, thereby stimulating market expansion.

Stringent Government Regulations: The food waste management market is being driven by government regulations that mandate appropriate waste disposal and management practices. The adoption of efficient waste management systems by businesses is a prerequisite for compliance with these laws, which in turn stimulates market demand and growth. These regulations establish a favorable environment for market expansion.

Technological Advancements: The market for food waste management is being revolutionized by advancements in waste management technologies. The efficacy and effectiveness of food waste processing are improved by advanced solutions, including anaerobic digestion, composting, and waste-to-energy technologies. These technological advancements are attractive to businesses that are seeking to enhance their waste management procedures, thereby stimulating market growth.

To Purchase a Comprehensive Report Analysis: https://www.verifiedmarketresearch.com/download-sample?rid=17125

High Initial Investment Costs: The food waste management market is confronted with obstacles as a result of the substantial initial investment necessary to establish sophisticated waste management systems. The market growth is impeded by the difficulty that many businesses, particularly small and medium-sized enterprises, experience in bearing these costs. The adoption of innovative waste management solutions is restricted by this financial barrier.

Complex Regulatory Frameworks: The food waste management market faces a substantial challenge in navigating the intricate regulatory frameworks of various regions. Businesses may be discouraged from investing in waste management solutions due to the diverse regulations and compliance requirements. This intricacy impedes market growth as companies endeavor to comply with a variety of regulatory standards.

Logistical Challenges: Remaining logistical challenges in the food waste management market are the efficient collection, transportation, and processing of food waste. The complexity of effectively managing food waste is further compounded by the varying waste types, inconsistent waste volumes, and geographic dispersal. The seamless operation of waste management systems can be impeded by these logistical issues, which can restrict market growth.

Geographic Dominance:

The food waste management market is dominated by North America and Europe due to their stringent regulations, advanced infrastructure, and high level of sustainability awareness. The adoption of innovative technologies and robust waste management practices is facilitated by this dominance, which in turn accelerates market growth. Nevertheless, the market experiences sluggish growth in developing regions as a result of inadequate infrastructure and regulatory support. This gap could be bridged to unleash significant market potential, thereby promoting global expansion.

Food Waste Management Market Key Players Shaping the Future

Major players, including Veolia Environnement, Suez, Waste Management Inc, FCC Environment Ltd, Remondis SE & Co KG, Republic Services Inc, Covanta Holding Corporation, Waste Connections Inc, Clean Harbors Inc, Stericycle Inc. and more, play a pivotal role in shaping the future of the Food Waste Management Market. Financial statements, product benchmarking, and SWOT analysis provide valuable insights into the industry’s key players.

Food Waste Management Market Segment Analysis

Based on the research, Verified Market Research® has segmented the global Food Waste Management Market into Waste Type, Waste Management Method, End-User Industry, And Geography.

To get market data, market insights, and a comprehensive analysis of the Global Food Waste Management Market, please Contact Verified Market Research®.

• Food Waste Management Market, by Waste Type
  • Organic Waste
  • Inorganic Waste
  • Packaging Waste

• Food Waste Management Market, by Waste Management Method
  • Landfill
  • Incineration
  • Composting
  • Anaerobic Digestion
• Food Waste Management Market, by End-User Industry
  • Food Manufacturers
  • Food Service Providers (Restaurants, Hotels, Cafeterias)
  • Retailers (Supermarkets, Grocery Stores)
  • Food Distribution & Logistics
• Food Waste Management Market, by Geography
  • North America
    • U.S
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • U.K
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of Asia Pacific
  • ROW
    • Middle East & Africa
    • Latin America

Browse Related Reports:

Global Food Biowaste Market Size By Food Waste (Food Consumption, and Food Production), By Green Waste (Lawn clipping and mowing, Dead leaves, Shrub and hedge trimmings, and Pruning and cutting of trees and shrubs), By Geography, And Forecast

Global Self-Cleaning Filters Market Size By Material Type (Carbon Steel, Stainless Steel, Reinforced Plastic), By End-User (Wastewater Treatment, Food And Beverage), By Geography, And Forecast

Global Wet Waste Management Market Size By Service (Collection & Transportation, Disposal & Landfill Processing), Source (Industrial, Municipal, Commercial), Applications (Food Scrap, Meat & Bones, Medical Waste), By Geography, And Forecast

Global Chlor Alkali Market Size By Product Type (Chlorine, Caustic Soda, Soda Ash), By Technology (Mercury Cell Process, Diaphragm Cell Process, Membrane Cell Process), By Applications (Water Treatment, Chemical Manufacturing, Pulp and Paper, Textiles, Metallurgy, Construction, Soaps and Detergents, Food and Beverages), By Geography, And Forecast

Top 10 Water And Wastewater Treatment Companies solving issues of source of life

Visualize Food Waste Management Market using Verified Market Intelligence -:

Verified Market Intelligence is our BI Enabled Platform for narrative storytelling in this market. VMI offers in-depth forecasted trends and accurate Insights on over 20,000+ emerging & niche markets, helping you make critical revenue-impacting decisions for a brilliant future.

VMI provides a holistic overview and global competitive landscape with respect to Region, Country, Segment, and Key players of your market. Present your Market Report & findings with an inbuilt presentation feature saving over 70% of your time and resources for Investor, Sales & Marketing, R&D, and Product Development pitches. VMI enables data delivery In Excel and Interactive PDF formats with over 15+ Key Market Indicators for your market.

About Us

Verified Market Research® stands at the forefront as a global leader in Research and Consulting, offering unparalleled analytical research solutions that empower organizations with the insights needed for critical business decisions. Celebrating 10+ years of service, VMR has been instrumental in providing founders and companies with precise, up-to-date research data.

With a team of 500+ Analysts and subject matter experts, VMR leverages internationally recognized research methodologies for data collection and analyses, covering over 15,000 high impact and niche markets. This robust team ensures data integrity and offers insights that are both informative and actionable, tailored to the strategic needs of businesses across various industries.

VMR’s domain expertise is recognized across 14 key industries, including Semiconductor & Electronics, Healthcare & Pharmaceuticals, Energy, Technology, Automobiles, Defense, Mining, Manufacturing, Retail, and Agriculture & Food. In-depth market analysis cover over 52 countries, with advanced data collection methods and sophisticated research techniques being utilized. This approach allows for actionable insights to be furnished by seasoned analysts, equipping clients with the essential knowledge necessary for critical revenue decisions across these varied and vital industries.

Verified Market Research® is also a member of ESOMAR, an organization renowned for setting the benchmark in ethical and professional standards in market research. This affiliation highlights VMR’s dedication to conducting research with integrity and reliability, ensuring that the insights offered are not only valuable but also ethically sourced and respected worldwide.

CONTACT: Mr. Edwyne Fernandes

Verified Market Research®

US: +1 (650)-781-4080

US Toll Free: +1 (800)-782-1768

Email: sales@verifiedmarketresearch.com

Web: https://www.verifiedmarketresearch.com/

Follow Us: LinkedIn | Twitter

SOURCE – Verified Market Research®