Food Waste Management Market to Reach USD 83.23 Billion by 2030 to Grow Steadily at a CAGR of 5.9% – Analysis by Fatpos Global

The Global Food Waste Management Market will exceed USD 83.23 Billion by 2030, from USD 38.59 Billion in 2020, growing at a CAGR of 5.9% in the coming years i.e. 2021-30.

PHILADELPHIA, UNITED STATES, Jan. 17, 2022 /EINPresswire.com/ — Fatpos Global released a report titled “Food Waste Management Market – Market Size, Share and Trends Analysis for 2019-2020 and forecast to 2030”, which is expected to reach USD 83.23 billion by 2030. According to a study by Fatpos Global, the market is expected to grow at a CAGR of 5.9% between 2020 and 2030. According to the report, over the period projected, demand is expected to be driven by the booming restaurant sector. In quick service restaurants and other hotel chains, food waste is relatively high. Additionally, food waste has increased in the food supply chain over the past decade, which has resulted in the installation of many systems that include aerobic and anaerobic digestion processes for the recycling of food waste. Food waste has been observed to be significant in both developing and underdeveloped countries. To address this problem, governments in various countries are issuing strict rules and regulations to reduce food waste.

“Over the projected period, demand is expected to be driven by the rapid expansion of the restaurant industry. In quick service restaurants and other hotel chains, food waste is relatively high. Additionally, food waste has increased in the food supply chain over the past decade, which has resulted in the installation of many systems that include aerobic and anaerobic digestion processes for the recycling of food waste. Food waste has been observed to be significant in both developing and underdeveloped countries. To address this problem, governments in various countries are issuing strict rules and regulations to reduce food waste. Food waste management companies mainly focus on emerging economies in the Asia-Pacific region to educate customers about food waste and its management,” said a senior analyst at Fatpos Global.

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Global Food Waste Management Market: Key Players
• Covanta Ltd.
• Stericycle, Inc.
• Advanced Disposal Services, Inc.
• Waste Connections, Inc.
• Veolia Environment
• Suez
• Waste Management, Inc.
• Republic Services, Inc.
• FCC environment

Food waste management encompasses all the practices and actions necessary to complete the waste from start to finish. Food waste management encompasses the collection, transport, treatment and disposal of waste, as well as monitoring and control. Food processing wastes, which include wastes from poultry, meat and seafood processing, agricultural processing, dairy processing wastes and wastes from other forms of food processing, are one of the main reasons for the increasing growth of food waste management.

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In the new report, Fatpos Global endeavors to present an unbiased analysis of the Global Food Waste Management Market which covers historical demand data as well as forecast figures for the period i.e. 2021- 2030. The study includes compelling information about the growth seen in the market. The global food waste management market is segmented by type into cereals, dairy products, fruits and vegetables, meat, fish and seafood, processed foods and others. The global food waste management market is split by source into primary food producers, food manufacturers, food distributors and suppliers, food service providers, and municipalities and households. The global food waste management market is divided into animal feed, fertilizer, biofuel and power generation applications. Geographically, the market is segmented into North America, Latin America, Europe, Asia-Pacific, Middle East & Africa

Market regions
• North America: (United States and Canada)
• Latin America: (Brazil, Mexico, Argentina, rest of Latin America)
• Europe: (Germany, United Kingdom, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe)
• Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, rest of Asia-Pacific)
• Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa)

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Food Waste Management Market Segments:
By type
• Cereals
• Dairy products
• Fruits and vegetables
• Me at
• Fish and seafood
• Processed foods
• Others
By origin
• Primary food producers
• Food manufacturers
• Distributors and suppliers of food products
• Food service providers
• Municipalities and households
By request
• Animal feed
• Fertilizers
• Biofuel
• Energy production

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