Food Waste Management Market: Trends, Growth Factors, Size, Segmentation and Forecast to 2027
The reports also help in understanding the Food Waste Management Market dynamic, and structure by analyzing the market segments and projecting the Food Waste Management Market size. Clear representation of competitive analysis of key players by Design, price, financial position, product portfolio, growth strategies, and regional presence in the Food Waste Management Market make the report investor’s guide.
Food Waste Management Market Overview:
The Food Waste Management market Size & competitive landscape comprises information about rivals. A firm overview, financials, revenue produced, market potential, R&D investment, new market efforts, geographical presence, business strengths and weaknesses, product launch, and application domination are among the topics covered. The following information is only relevant to the organization's focus on the Food Waste Management market.
Market Scope:
To validate the market size and estimate the market size by different segments, top-down and bottom-up methodologies are utilized. The research's market estimates are based on the sale price (excluding any discounts provided by the manufacturer, distributor, wholesaler, or traders). To create percentage splits, market shares, and segment breakdowns, weights based on usage rate and average sale price are applied to each location. The percentage acceptance or usage of the given market Size in the relevant area or nation determines the country-wise segmentation of the main market and its sub-segments.
Food Waste Management Market: was valued at USD 40.32 Billion in 2021, and it is expected to reach USD 63.30 Billion by 2029, exhibiting a CAGR of 5.8% during the forecast period (2022-2029).
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Segmentation:
Based on waste type, fruits and vegetables led the market and accounted for 41.2% of the global revenue share in 2021, owing to a lack of proper handling, storage, and processing of the produce. Ease in waste management of fresh produce in the food management industry for the fruits and vegetable segment is expected to have a positive impact on market growth. As per the reports published by the Food and Agriculture Organization (FAO), more than 45% of fruits and vegetables produced globally are wasted. More than 30% of cereals are wasted due to improper storage and transportation techniques. Governments across various countries are taking serious steps towards preserving food products, which is expected to drive the market growth.
Key Players:
• Veolia Environnement
• SUEZ
• Waste Management, Inc.
• Republic Services, Inc.
• Covanta Ltd.
• Stericycle, Inc.
• Advanced Disposal Services, Inc.
• Waste Connections, Inc.
• FCC Environment
• Remondis SE & Co. KG
• Clean Harbors, Inc.
Market leaders are identified by primary and secondary research, and market revenue is calculated using primary and secondary research. The core study included in-depth interviews with key thought leaders and industry experts such as experienced front-line personnel, CEOs, and marketing executives. In-depth interviews with important thought leaders and industry experts, such as experienced front-line personnel, CEOs, and marketing executives, were conducted as part of primary research, while secondary research included a review of the major manufacturers' annual and financial reports. Secondary data is utilized to calculate percentage splits, market shares, growth rates, and global market breakdowns, which are then verified against primary data. The following are the key players of the Food Waste Management market-
Regional Analysis:
Individual market influencing components and changes in market rules that affect current and future market trends are also investigated in the geographical component of the research. Some of the factors used to forecast market scenarios for various countries include downstream and upstream value chain analysis, technological trends, Porter's five forces analysis, and case studies.
COVID-19 Impact Analysis on Food Waste Management Market: Furthermore, the research assesses the impact of COVID-19 on the Food Waste Management market. The fundamental purpose of this research is to help users understand the market in terms of definition, segmentation, market potential, key trends, and difficulties that the industry confronts across major regions. The paper provides a microeconomic and macroeconomic analysis of the overall impact of COVID-19 on the Food Waste Management Market. The report focuses on market share and size, clearly demonstrating the pandemic's influence on the worldwide Food Waste Management Market in the next years.
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Key Questions Answered in the Food Waste Management Market Report are:
What will be the Food Waste Management market's CAGR throughout the projected period (2021-2027)? Which market category emerged as the market leader in the Food Waste Management industry? Who are the key players in the Food Waste Management market? What important trends in the Food Waste Management industry are anticipated to develop throughout the forecast period? How big will the Food Waste Management market be in 2027? In 2020, which business segment had the highest proportion of the Food Waste Management market?
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