
Report ID: SQMIG20L2016
Skyquest Technology's expert advisors have carried out comprehensive global market analysis on the food waste management market, covering regional industry trends and market insights. Our team of analysts have conducted in-depth primary and secondary research to provide regional industry analysis and forecast of food waste management market across North America, South America, Europe, Asia, the Middle East, and Africa.
North America region dominated the market and accounted for 34.6% of the total revenue share in 2024. The factors contributing to food waste management in North America include food products deterioration, overproduction, lack of cold-chain infrastructure, rigid food-grading specifications, standardized date labeling practices, and varying customer demand. The EU member states are working to reduce food waste at the source while also investing in proper disposal ways to obtain beneficial goods like fertilizers and biogas from the processes. For instance, the EU is committed to fulfilling SDG Target 12.3 of halving per capita global food waste at consumer and retail levels by 2030. Moreover, strict food waste management rules are projected to drive the market in the region during the forecast period.
The Asia Pacific region is expected to witness a CAGR of 5.9% during the forecast period. The food waste management industry in Asia Pacific is a major factor in the economic development of the region. Substantial growth is expected in food trade with increasing levels of national and regional specialization. With a growing population and rising income, the food sector is likely to expand rapidly during the forecast period, thereby contributing to market growth. The advanced economies in the Middle East & Africa, such as Qatar, majorly contribute to the global food wastage on account of the lack of concern regarding losses associated with food.
REQUEST FOR SAMPLE
Food Waste Management Market size was valued at USD 69.8 Billion in 2023 and is poised to grow from USD 73.57 Billion in 2024 to USD 111.72 Billion by 2032, growing at a CAGR of 5.4% during the forecast period (2025-2032).
Key vendors in Food Waste Management Market are: 'Veolia Environnement S.A.', 'Suez S.A.', 'Waste Management, Inc.', 'Republic Services, Inc.', 'Clean Harbors, Inc.', 'Covanta Holding Corporation', 'Stericycle, Inc.', 'Remondis SE & Co. KG', 'Biffa plc', 'Rumpke Waste & Recycling', 'Advanced Disposal Services, Inc. (acquired by Waste Management)', 'Cleanaway Waste Management Limited', 'FCC Recycling (UK) Limited', 'DS Smith plc', 'Waste Connections, Inc.', 'Hearthside Food Solutions LLC', 'Biomethane Ltd.', 'Anaergia Inc.', 'Ecomaine', 'Valorgain'
Governments and food management institutions have responded by implementing stringent regulations, hastening industry growth. Governments around the world are launching initiatives to reduce food waste, such as Love Food, Hate Waste in the United Kingdom and the Stop Wasting Food mobilization in Denmark. Furthermore, the Think Eat Save global collaboration between Messe Düsseldorf, FAO, and the United Nations Environmental Program (UNEP) aims to raise food waste management awareness in support of the UN Secretary-Hunger General's Challenge.
The Idaho Department of Environmental Quality (DEQ) is looking for innovative waste reduction or prevention proposals. The grant money is provided by the US Environmental Protection Agency's Sustainable Materials Management Program, which promotes the use and reusing of materials more productively throughout their entire lifecycle. Projects may include efforts to reduce food waste through diversion or composting, packaging waste reduction through the development or enhancement of recycling or re-use programmes, and increasing the recycling and reuse rate of construction and demolition waste.
North America dominated the market, accounting for 35.9% of total revenue in 2022. Damage to food products, overproduction, a lack of cold-chain infrastructure, strict food-grading specifications, standardized date labelling practices, and varying customer demand are all factors that contribute to food waste management in North America.
Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Feedback From Our Clients
Report ID: SQMIG20L2016
[email protected]
USA +1 351-333-4748