Food wastage persists as a challenge today and one of the major cause of hunger across the globe. The steadily increasing world population has not only created demands of food production but has significantly generated loads of food waste. Large amounts of food throughout the food supply chain is being wasted away. This waste has adverse effects on humanity as well as the environment. Management of food waste, therefore, becomes of utmost importance. Food waste management follows the accepted hierarchy of waste management which focuses on waste prevention, reuse, recycling, and recovery. Prevention is often the most preferred and least costly step in the food waste management.
The food waste management market is anticipated to grow in the forecast period owing to driving factors such as high demands for organic waste for use in the production of fertilizers and animal feed. Significant rise in global food waste coupled with the need for reducing greenhouse gas emissions further drives the growth of the food waste management market. However, management practices like combustion and incineration adversely affect the environment. This factor negatively impacts the food waste management market. Nonetheless, emerging technologies for waste disposal and need for alternate energy source play major opportunities for the food waste management market and the key players involved during the forecast period.
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Some Of The Leading Players In Global Market:
1. Biffa Group Limited
2. Clean Harbors, Inc.
3. Covanta Holding Corporation
4. REMONDIS SE and Co. KG
5. Republic Services, Inc.
6. Stericycle, Inc
7. SUEZ SA
8. Veolia Environnement
9. Waste Connections
10. Waste Management, Inc.
The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the Food Waste Management market. Further, the report conducts an intricate examination of drivers and restraints operating in the market. Researchers also carry out a comprehensive analysis of the recent regulatory changes and their impact on the competitive landscape of the industry. The research assesses the recent progress in the competitive landscape including collaborations, joint ventures, product launches, acquisitions, and mergers, as well as investments in the sector for research and development.
The research on the Food Waste Management market focuses on mining out valuable data on investment pockets, growth opportunities, and major market vendors to help clients understand their competitor’s methodologies. The research also segments the Food Waste Management market on the basis of end user, product type, application, and demography for the forecast period 2022–2028. Comprehensive analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, such as charts, tables, and infographics.
Major highlights of the report:
- All-inclusive evaluation of the parent market
- Evolution of significant market aspects
- Industry-wide investigation of market segments
- Assessment of market value and volume in past, present, and forecast years
- Evaluation of market share
- Study of niche industrial sectors
- Tactical approaches of market leaders
- Lucrative strategies to help companies strengthen their position in the market
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