Food Waste Management Market Synopsis

Food Waste Management Market Size Was Valued at USD 73.4 Billion in 2023, and is Projected to Reach USD 118.9 Billion by 2032, Growing at a CAGR of 5.5% From 2024-2032.

Food waste management entails a process through which potentially consumable food is prevented, gathered, disposed off or recycled. This includes actions that have been taken to reduce food losses in all the four Ds of food chain, namely the production, processing, distribution, and consumption, as well as disposal. Ideally, food waste management seeks to reduce the amount of waste that ends up in the landfill as well as emission of greenhouse gases like methane that result from the decomposition of food waste, feed the hungry and manage the distribution of required resources. Techniques involve inventory control, food waste donation, recycling, and available technologies that can transform them into electricity or something that can be utilized. In general, it aims at gauging and reducing emissions of greenhouse gases in the food chain while enhancing resource utilization.

• The food waste management market has increased tremendously on a global platform in the recent past due to environmental factors, increased regulatory measures, and demand for better resource productivity. Pertaining to this market, there are numerous kinds of solutions intended for minimizing, reclaiming, and reprocessing food waste in every the food chain; production, processing, selling and consumption. Some of them are that, the people becoming more conscious of the food safety, the corporate houses and individuals are using eco-friendly products and process, the Government and local bodies giving importance to reduce, reuse, recycle etc.
• Technological developments are also critical to the food waste management market, with emerging technologies like waste to energy, composting, and anaerobic digestion to be more common . These technologies do not only support the minimisation of environmental impacts of food waste but also opens a scope for achieving an effective renewable energy generating system and production of valuable byproducts. Also, alliances between food companies, waste collectors, and technological suppliers are engaging in cooperation to create proper waste management strategies based on the conditions of each country or a separate region. In light of a continuously increasing global interest in environmentally friendly approaches, the food waste management market is expected to have greater potential for developments in future years.

Food Waste Management Market Trend Analysis

Increasing adoption of digital solutions and data analytics

• Another major development identified in managing food wastes is the growing use of the information technology and big data. It is now possible to use IoT sensors, AI-based predictive analytics, and block chain in managing food waste from the supply chain. These tools allow a firm to track food stock, or freshness, and use in real time, which in turn ensures reduced wastage at the various stages of production, distribution and end consumer. This trend in not only a marker of increased operational efficiency but also demands that the activities associated with food waste will be more transparent and responsible, which, in general, contributes to achieving sustainability goals. The ongoing progress of these technologies will result in their being key drivers of the world’s food waste policies and resource management.

Expansion of food recovery and redistribution initiatives

• One of the possible solutions in combating food waste is the installation of food waste recovery and the redistribution program. Currently, a number of countries and regions experience various difficulties in providing surplus food to people experiencing difficulties due to logistic, legal, or infrastructural factors. Solving these problems can therefore be seen as a significant potential for organisations and governments to improve the position concerning food safety and environmental effects as well as social involvement.
• Developing efficient supply chain networks, warehouses, and online technologies can help to increase efficiency of the collection and distribution of products and wastes from producers, supermarkets, and consumers to food banks, NGOs, and needy people. Further, technological tools like app-based food ordering, proper food matching algorithms based on artificial intelligence, and blockchain to promote proper redistribution of the surplus food while maintaining the food hygiene norms can be adopted in food recovery processes. In this way, through increasing these efforts, the stakeholders can avoid food waste as a common issue and at the same time promote social welfare and sustainable development goals. Hence, improvement of the food recovery systems can be considered as a worthy chance that will help to make the global food system more sustainable and fair.

Food Waste Management Market Segment Analysis:

Food Waste Management Market Segmented on the basis of type and source.

By Type, Cereals segment is expected to dominate the market during the forecast period

• In the course of the forecast period the cereals segment is expected to retain its leadership in the food waste management market. Different starchy foods such as ceral grains, including wheat, rice, corn, and oat, form the basic food commodities and are essential in everyday meals making them a major factor for food waste. This means that factors such as the large amount of production, the fact that most food products are tender to spoilage in the storage and transporting process and varying consumer demand heavily with these product types.
• In a bid to manage excess stocks in the cereals category, there are improved stock control measures, use of technology through better packing and storage and policies that see surplus cereals deployed to feed animals, for production of bio fuel or even donation to the needy through food banks. Currently, cereals remain a vital crop within the global food pool and as the world shifts more into cereals consumption and with focus on rationalization of resources in food chain the players in the food waste management are keen on managing wastes in the cereals supply chain.

By Source, Residential segment expected to held the largest share

• Food waste management in the residential segment is forecasted to employ a large chunk of the food waste shares by source due to changing trends toward being environmentally conscious at home. There is a lot of consciousness being created regarding the effects of food waste on the environment and the economy to compel individuals and families to find ways of managing food waste. This entails measures such as the disposal of organic waste products through the process of composting, feeding of animals and generation of energy based on the remaining food products, and the recycling measures that are recognized in the community.
• Other factors include government incentives and education drive to various homes to engage them in waste management. Because more focus is given to the households’ impacts on the environment, the residential segment will be a significant driver of change in the global approach to food wastage reduction in the future.

Food Waste Management Market Regional Insights:

Asia Pacific is Expected to Dominate the Market Over the Forecast period

• Owing to the reasons stated below, the Asia Pacific holds a strong prospect to become the dominant market for the food waste management in the coming years. Economic development and especially urbanization in countries such as China , India, and Southeast Asian countries are causing a change in consumption habits and an augmentation of food waste production. In addition, changing customer consciousness regarding the recycling of products and legal measures to control food wastage are encouraging the governments and companies to incorporate efficient waste management policies in their system.
• In addition, the southern region has a diverse agricultural environment and the largest food processing sector, especially for the implementation of advanced technologies in the utilization of resources in waste. Future developments in infrastructure such as waste to energy plants, proper composting facilities, and novel recycling techniques will bring in more strength to the market. As Asia Pacific keeps on focusing on sustainable development and dealing with the issues of food insecurity, the sector of food waste management will experience rapid growth; therefore, the region will remain an actor of utmost importance in terms of development of global waste management.

Active Key Players in the Food Waste Management Market

• Biffa plc (United Kingdom)
• BioHiTech Global (United States)
• Covanta (United States)
• Enerkem (Canada)
• FCC Environment (Spain)
• Hitachi Zosen Corporation (Japan)
• Keppel Seghers (Singapore)
• Komptech (Austria)
• Renewi plc (Netherlands)
• Republic Services, Inc. (United States)
• Shanks Group (Netherlands)
• Stericycle, Inc. (United States)
• SUEZ (France)
• Veolia (France)
• Waste Management, Inc. (United States), and Other key Players.

Chapter 1: Introduction
 1.1 Scope and Coverage

Chapter 2:Executive Summary

Chapter 3: Market Landscape
 3.1 Market Dynamics
  3.1.1 Drivers
  3.1.2 Restraints
  3.1.3 Opportunities
  3.1.4 Challenges
 3.2 Market Trend Analysis
 3.3 PESTLE Analysis
 3.4 Porter's Five Forces Analysis
 3.5 Industry Value Chain Analysis
 3.6 Ecosystem
 3.7 Regulatory Landscape
 3.8 Price Trend Analysis
 3.9 Patent Analysis
 3.10 Technology Evolution
 3.11 Investment Pockets
 3.12 Import-Export Analysis

Chapter 4: Food Waste Management Market by Type
 4.1 Food Waste Management Market Snapshot and Growth Engine
 4.2 Food Waste Management Market Overview
 4.3 Cereals
  4.3.1 Introduction and Market Overview
  4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.3.3 Key Market Trends, Growth Factors and Opportunities
  4.3.4 Cereals: Geographic Segmentation Analysis
 4.4 Dairy & Dairy Products
  4.4.1 Introduction and Market Overview
  4.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.4.3 Key Market Trends, Growth Factors and Opportunities
  4.4.4 Dairy & Dairy Products: Geographic Segmentation Analysis
 4.5 Fruits & Vegetables
  4.5.1 Introduction and Market Overview
  4.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.5.3 Key Market Trends, Growth Factors and Opportunities
  4.5.4 Fruits & Vegetables: Geographic Segmentation Analysis
 4.6 Meat & Poultry
  4.6.1 Introduction and Market Overview
  4.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.6.3 Key Market Trends, Growth Factors and Opportunities
  4.6.4 Meat & Poultry: Geographic Segmentation Analysis
 4.7 Fish & Sea Food
  4.7.1 Introduction and Market Overview
  4.7.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.7.3 Key Market Trends, Growth Factors and Opportunities
  4.7.4 Fish & Sea Food: Geographic Segmentation Analysis
 4.8 Oilseeds & Pulses
  4.8.1 Introduction and Market Overview
  4.8.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.8.3 Key Market Trends, Growth Factors and Opportunities
  4.8.4 Oilseeds & Pulses: Geographic Segmentation Analysis
 4.9 Roots & Tubers
  4.9.1 Introduction and Market Overview
  4.9.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.9.3 Key Market Trends, Growth Factors and Opportunities
  4.9.4 Roots & Tubers: Geographic Segmentation Analysis
 4.10 Others
  4.10.1 Introduction and Market Overview
  4.10.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.10.3 Key Market Trends, Growth Factors and Opportunities
  4.10.4 Others: Geographic Segmentation Analysis

Chapter 5: Food Waste Management Market by Source
 5.1 Food Waste Management Market Snapshot and Growth Engine
 5.2 Food Waste Management Market Overview
 5.3 Residential
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Residential: Geographic Segmentation Analysis
 5.4 Commercial
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Commercial: Geographic Segmentation Analysis
 5.5 Industrial
  5.5.1 Introduction and Market Overview
  5.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.5.3 Key Market Trends, Growth Factors and Opportunities
  5.5.4 Industrial: Geographic Segmentation Analysis

Chapter 6: Company Profiles and Competitive Analysis
 6.1 Competitive Landscape
  6.1.1 Competitive Benchmarking
  6.1.2 Food Waste Management Market Share by Manufacturer (2023)
  6.1.3 Industry BCG Matrix
  6.1.4 Heat Map Analysis
  6.1.5 Mergers and Acquisitions
  
 6.2 BIFFA PLC (UNITED KINGDOM)
  6.2.1 Company Overview
  6.2.2 Key Executives
  6.2.3 Company Snapshot
  6.2.4 Role of the Company in the Market
  6.2.5 Sustainability and Social Responsibility
  6.2.6 Operating Business Segments
  6.2.7 Product Portfolio
  6.2.8 Business Performance
  6.2.9 Key Strategic Moves and Recent Developments
  6.2.10 SWOT Analysis
 6.3 BIOHITECH GLOBAL (UNITED STATES)
 6.4 COVANTA (UNITED STATES)
 6.5 ENERKEM (CANADA)
 6.6 FCC ENVIRONMENT (SPAIN)
 6.7 HITACHI ZOSEN CORPORATION (JAPAN)
 6.8 KEPPEL SEGHERS (SINGAPORE)
 6.9 KOMPTECH (AUSTRIA)
 6.10 RENEWI PLC (NETHERLANDS)
 6.11 REPUBLIC SERVICES INC (UNITED STATES)
 6.12 SHANKS GROUP (NETHERLANDS)
 6.13 STERICYCLE INC (UNITED STATES)
 6.14 SUEZ (FRANCE)
 6.15 VEOLIA (FRANCE)
 6.16 WASTE MANAGEMENT INC (UNITED STATES)
 6.17 OTHER KEY PLAYERS

Chapter 7: Global Food Waste Management Market By Region
 7.1 Overview
 7.2. North America Food Waste Management Market
  7.2.1 Key Market Trends, Growth Factors and Opportunities
  7.2.2 Top Key Companies
  7.2.3 Historic and Forecasted Market Size by Segments
  7.2.4 Historic and Forecasted Market Size By Type
   7.2.4.1 Cereals
   7.2.4.2 Dairy & Dairy Products
   7.2.4.3 Fruits & Vegetables
   7.2.4.4 Meat & Poultry
   7.2.4.5 Fish & Sea Food
   7.2.4.6 Oilseeds & Pulses
   7.2.4.7 Roots & Tubers
   7.2.4.8 Others
  7.2.5 Historic and Forecasted Market Size By Source
   7.2.5.1 Residential
   7.2.5.2 Commercial
   7.2.5.3 Industrial
  7.2.6 Historic and Forecast Market Size by Country
   7.2.6.1 US
   7.2.6.2 Canada
   7.2.6.3 Mexico
 7.3. Eastern Europe Food Waste Management Market
  7.3.1 Key Market Trends, Growth Factors and Opportunities
  7.3.2 Top Key Companies
  7.3.3 Historic and Forecasted Market Size by Segments
  7.3.4 Historic and Forecasted Market Size By Type
   7.3.4.1 Cereals
   7.3.4.2 Dairy & Dairy Products
   7.3.4.3 Fruits & Vegetables
   7.3.4.4 Meat & Poultry
   7.3.4.5 Fish & Sea Food
   7.3.4.6 Oilseeds & Pulses
   7.3.4.7 Roots & Tubers
   7.3.4.8 Others
  7.3.5 Historic and Forecasted Market Size By Source
   7.3.5.1 Residential
   7.3.5.2 Commercial
   7.3.5.3 Industrial
  7.3.6 Historic and Forecast Market Size by Country
   7.3.6.1 Bulgaria
   7.3.6.2 The Czech Republic
   7.3.6.3 Hungary
   7.3.6.4 Poland
   7.3.6.5 Romania
   7.3.6.6 Rest of Eastern Europe
 7.4. Western Europe Food Waste Management Market
  7.4.1 Key Market Trends, Growth Factors and Opportunities
  7.4.2 Top Key Companies
  7.4.3 Historic and Forecasted Market Size by Segments
  7.4.4 Historic and Forecasted Market Size By Type
   7.4.4.1 Cereals
   7.4.4.2 Dairy & Dairy Products
   7.4.4.3 Fruits & Vegetables
   7.4.4.4 Meat & Poultry
   7.4.4.5 Fish & Sea Food
   7.4.4.6 Oilseeds & Pulses
   7.4.4.7 Roots & Tubers
   7.4.4.8 Others
  7.4.5 Historic and Forecasted Market Size By Source
   7.4.5.1 Residential
   7.4.5.2 Commercial
   7.4.5.3 Industrial
  7.4.6 Historic and Forecast Market Size by Country
   7.4.6.1 Germany
   7.4.6.2 UK
   7.4.6.3 France
   7.4.6.4 Netherlands
   7.4.6.5 Italy
   7.4.6.6 Russia
   7.4.6.7 Spain
   7.4.6.8 Rest of Western Europe
 7.5. Asia Pacific Food Waste Management Market
  7.5.1 Key Market Trends, Growth Factors and Opportunities
  7.5.2 Top Key Companies
  7.5.3 Historic and Forecasted Market Size by Segments
  7.5.4 Historic and Forecasted Market Size By Type
   7.5.4.1 Cereals
   7.5.4.2 Dairy & Dairy Products
   7.5.4.3 Fruits & Vegetables
   7.5.4.4 Meat & Poultry
   7.5.4.5 Fish & Sea Food
   7.5.4.6 Oilseeds & Pulses
   7.5.4.7 Roots & Tubers
   7.5.4.8 Others
  7.5.5 Historic and Forecasted Market Size By Source
   7.5.5.1 Residential
   7.5.5.2 Commercial
   7.5.5.3 Industrial
  7.5.6 Historic and Forecast Market Size by Country
   7.5.6.1 China
   7.5.6.2 India
   7.5.6.3 Japan
   7.5.6.4 South Korea
   7.5.6.5 Malaysia
   7.5.6.6 Thailand
   7.5.6.7 Vietnam
   7.5.6.8 The Philippines
   7.5.6.9 Australia
   7.5.6.10 New Zealand
   7.5.6.11 Rest of APAC
 7.6. Middle East & Africa Food Waste Management Market
  7.6.1 Key Market Trends, Growth Factors and Opportunities
  7.6.2 Top Key Companies
  7.6.3 Historic and Forecasted Market Size by Segments
  7.6.4 Historic and Forecasted Market Size By Type
   7.6.4.1 Cereals
   7.6.4.2 Dairy & Dairy Products
   7.6.4.3 Fruits & Vegetables
   7.6.4.4 Meat & Poultry
   7.6.4.5 Fish & Sea Food
   7.6.4.6 Oilseeds & Pulses
   7.6.4.7 Roots & Tubers
   7.6.4.8 Others
  7.6.5 Historic and Forecasted Market Size By Source
   7.6.5.1 Residential
   7.6.5.2 Commercial
   7.6.5.3 Industrial
  7.6.6 Historic and Forecast Market Size by Country
   7.6.6.1 Turkey
   7.6.6.2 Bahrain
   7.6.6.3 Kuwait
   7.6.6.4 Saudi Arabia
   7.6.6.5 Qatar
   7.6.6.6 UAE
   7.6.6.7 Israel
   7.6.6.8 South Africa
 7.7. South America Food Waste Management Market
  7.7.1 Key Market Trends, Growth Factors and Opportunities
  7.7.2 Top Key Companies
  7.7.3 Historic and Forecasted Market Size by Segments
  7.7.4 Historic and Forecasted Market Size By Type
   7.7.4.1 Cereals
   7.7.4.2 Dairy & Dairy Products
   7.7.4.3 Fruits & Vegetables
   7.7.4.4 Meat & Poultry
   7.7.4.5 Fish & Sea Food
   7.7.4.6 Oilseeds & Pulses
   7.7.4.7 Roots & Tubers
   7.7.4.8 Others
  7.7.5 Historic and Forecasted Market Size By Source
   7.7.5.1 Residential
   7.7.5.2 Commercial
   7.7.5.3 Industrial
  7.7.6 Historic and Forecast Market Size by Country
   7.7.6.1 Brazil
   7.7.6.2 Argentina
   7.7.6.3 Rest of SA

Chapter 8 Analyst Viewpoint and Conclusion
8.1 Recommendations and Concluding Analysis
8.2 Potential Market Strategies

Chapter 9 Research Methodology
9.1 Research Process
9.2 Primary Research
9.3 Secondary Research