Food waste management refers to all the activities and actions mandatory to accomplish waste from its initiation to its final clearance. Food waste management includes collection, transport, treatment, and disposal of waste together with monitoring and regulation. Food processing wastage is one of the major reasons for the rising growth of food waste management, which includes poultry, meat, and seafood processing waste, agricultural produce processing, dairy food processing waste, and waste from other types of food processing.
Rapidly growing food service industry expected to drive the market over the forecast period. Food wastage is relatively high in the quick service restaurant and other hotel chains. Furthermore, food wastage has increased in food supply chain over the last decade owing to this several systems are installed, which involves aerobic and anaerobic digestion processes for recycling food waste. It has been witnessed that the food waste is high in developing and under developed countries. And to overcome this issue, governments of various countries are coming up with stringent rules & regulation in order to minimize the food wastage. Food waste management companies mostly focusing on the developing economies of Asia Pacific region to create strong awareness among the consumers regarding food wastage and its management.
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Key Players and Competition Analysis
Some of the key players profiled in the food waste management market are Andritz Ag (Austria), Waste Management, Inc. (U.S.), Veolia Environnement S.A. (France), Republic Services, Inc. (U.S.), Stericycle, Inc. (U.S.), Covanta Holding Corporation (U.S.), and Waste Connections, Inc. (Canada)
Segmentation Analysis
Food waste management has been segmented on the basis of processes, which comprises of aerobic digestion, anaerobic digestion, combustion, and others. Food waste management has been segmented on the basis of waste type, which comprises of food production waste, food processing waste, distribution & supply chain waste, retail waste, and consumption waste. Consumption waste has been sub- segmented into household and food services. Food waste management market has been segmented on the basis of end use, which comprises of animal feed, fertilizer, renewable energy and biofuels, and others.
Regional Analysis
Global food waste management market is segmented into North America, Europe, Asia Pacific, and Rest of the World (RoW). Among these, North America is projected to retain its dominance over the forecast period 2017-2023. This is attributed to the increasing supports and initiatives from Solid Waste Association of North America (SWANA) in waste management, which include storage of residential waste, institutional, commercial, and industrial waste to diminish waste in North America. Europe is expected to account for over 25% of the market proportion during the review period 2017-2023. However, Asia Pacific region is estimated to witness a maximum growth in the global food waste management market during the corresponding period 2017-2023.
Browse the market data and information spread across 110 pages with 25 data tables and 16 figures of the report “Food Waste Management Market Research Report- Forecast to 2023” in-depth alongside table of content (TOC) at: https://www.marketresearchfuture.com/reports/food-waste-management-market-4343

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