According to IMARC Group’s newest report, the worldwide meals waste administration market is expected to exhibit a CAGR of 6.2% throughout 2022-2027.
SHERIDAN, WYOMING, UNITED STATES, October 26, 2022 /EINPresswire.com/ — According to IMARC Group’s newest report, titled “Food Waste Management Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the worldwide meals waste administration market is expected to exhibit a CAGR of 6.2% throughout 2022-2027. Looking ahead, IMARC Group expects the worldwide meals waste administration market to proceed its sturdy development in the course of the forecast interval (2022-2027).
This report can function a wonderful information for buyers, researchers, consultants, advertising and marketing strategists and all those that are planning to foray into the market in any type.
Food waste administration entails numerous actions which are essential for disposing of meals waste. It additionally consists of the waste assortment, remedy, prevention, restoration, transportation, and recycling with the use of a number of management procedures. Some of these disposal methods embrace composting, landfills, and anaerobic digestion of the developed wastes which are being utilized throughout the industrial and residential segments. In addition, meals waste administration finds widespread functions in animal feed, fertilizers, biofuel, and energy technology throughout the globe.
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Note: We are repeatedly monitoring the direct impact of COVID-19 available on the market, together with the oblique affect of related industries. These observations will likely be built-in into the report.
Food Waste Management Market Trends:
The escalating consumption of comfort meals by the plenty has led to the technology of giant volumes of rubbish from motels, eating places, and fast-food joints, which is among the many major components driving the meals waste administration market. Besides this, the launch of a number of insurance policies by the federal government our bodies for the introduction of environment friendly management options at residential and industrial ranges to cut back the technology of rubbish on the supply and unfold consciousness relating to recycling, owing to the rising quantity of meal garbage being dumped in open landfills, is additional augmenting the market development. Moreover, numerous technological developments, equivalent to automated waste collections, novel sensor-based know-how, and enzyme-based meals administration methods, are additionally catalyzing the worldwide market. Apart from this, the rising utilization of biomass waste for vitality technology is appearing as one other important growth-inducing issue. Furthermore, the rising pattern of industrialization and the elevating requirement for natural particles for the manufacturing of fertilizers and animal feeds are anticipated to propel the meals waste administration market over the forecasted interval.
Competitive Landscape with Key Players:
The aggressive panorama of the trade has additionally been examined together with the profiles of the important thing gamers.
Clean Harbors Inc.
Covanta Holding Corporation
FCC Environment (UK) Limited
Hulsey Environmental Services Inc.
Remondis SE and Co. KG
Republic Services Inc.
Stericycle Inc.
Suez (Sofina)
Veolia and Waste Management Inc.
Key Market Segmentation:
The report has categorized the market based mostly on waste kind, course of, supply and utility.
Breakup by Waste Type:
Cereals
Dairy Products
Fruits and Vegetables
Fish and Sea Food
Processed Food
Others
Breakup by Process:
Aerobic Digestion
Anaerobic Digestion
Combustion/Incineration
Others
Breakup by Source:
Primary Food Producers
Food Manufacturers
Food Distributors and Suppliers
Food Service Providers
Municipalities and Households
Breakup by Application:
Animal Feed
Fertilizers
Biofuel
Power Generation
Breakup by Region:
North America (United States, Canada)
Europe (Germany, France, United Kingdom, Italy, Spain, Others)
Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, South Africa, Others)
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Key highlights of the report:
Market Performance (2016-2021)
Market Outlook (2022-2027)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the aggressive panorama
If you want particular data that’s not presently throughout the scope of the report, we’ll present it to you as a half of the customization.
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About Us:
IMARC Group is a main market analysis firm that provides administration technique and market analysis worldwide. We associate with shoppers in all sectors and areas to establish their highest-value alternatives, handle their most crucial challenges, and remodel their companies.
IMARC’s data merchandise embrace main market, scientific, financial and technological developments for business leaders in pharmaceutical, industrial, and excessive know-how organizations. Market forecasts and trade evaluation for biotechnology, superior supplies, prescribed drugs, meals and beverage, journey and tourism, nanotechnology and novel processing strategies are on the prime of the corporate’s experience.
Elena Anderson
IMARC Services Private Limited
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