The global food waste management market has witnessed substantial growth in terms of revenue, driven primarily by the fruits and vegetables sectors. In 2022, the market was valued at USD 13,987 million, and it is projected to reach USD 21,245 million by the year 2028, representing a remarkable compound annual growth rate (CAGR) of 7.3% during the forecast period. The fruits and vegetables sector is a significant source of food waste, particularly in developed countries. Much of this waste occurs before these products reach consumers, often due to factors such as not meeting quality standards and overproduction. This waste not only has environmental implications due to its high degradability but also carries economic costs for organizations and represents a squandering of valuable biomass.
Throughout the forecast period, the animal feed segment is projected to hold the largest share of the overall food waste management market. This is largely due to the cost-effectiveness and environmental friendliness of producing animal feed from food waste, including fruits, vegetables, meat, dairy products, fish, and cereals.
The revenue of anaerobic digestion segment has experienced strong growth from USD 20,369 million in 2020 to USD 23,677 million in 2023, representing a CAGR of 5.1%. This is mainly because anaerobic digestion is a technology that can facilitate the recovery of nutrients from food waste, help with the building of soil organic matter and generate renewable energy—the latter of which is extremely important to combat climate change.
The global food waste management market is segmented into services, hardware, and software. Services dominate the market share due to the labor-intensive nature of collecting food waste from various locations and transporting it to processing plants. The software segment is expected to demonstrate the highest compound annual growth rate (CAGR) of 7.2% from 2023 to 2028. Meanwhile, Software is experiencing rapid growth globally and is widely used for segregating good and expired foods to prevent unnecessary waste. Additionally, it aids the food service sector in optimizing raw material orders, leading to reduced food wastage and cost savings.
The Asia-Pacific food waste management industry is expected to reach USD 12,350 million in 2028 at a CAGR of 6.6% from 2023 to 2028, according to the Tanalyze analysis. In the Asia-Pacific region, particularly in developing countries, a significant portion of food wastage occurs during the post-harvest phase. The primary causes of post-harvest food losses and wastage include diseases and pest infestations, inadequate production planning, and a lack of essential infrastructure such as power, water, storage facilities, and roads.
The prominent players operating in the global food waste management market include Waste Management, Inc., Republic Services, Inc., Waste Connections, Inc., Clean Harbors, Inc., Quest Resource Holding Corporation, Veolia Environnement S.A., GFL Environmental Inc., Casella Waste Systems, Inc., Covanta Holding Corporation, Recology Inc., Stericycle, Inc., Viridor Limited, Biffa plc, RETHMANN SE & Co. KG, Cleanaway Waste Management Limited, Suez S.A., FCC Environment Limited, Rubicon Technologies Inc., Renewi plc, among others.
Table of Contents
TABLE OF CONTENTS
TABLE OF CONTENTS 1
FIGURES AND TABLES 5
Part 1. Key Findings 8
Part 2. Scope and Methodology 9
Report Scope 10
Waste Type 10
Component 10
Source 10
Method 10
Process 11
End-User 11
Region 11
Research Methodology 12
Part 3. Food Waste Management Market Overview 14
Summary 14
Part 4. Market Dynamics 16
Growth Drivers and Future Trends 16
Restraints and Challenges 26
Opportunities 28
PEST Analysis 34
Part 5. Global Food Waste Management Market by Waste Type 42
Part 6. Global Food Waste Management Market by Component 50
Part 7. Global Food Waste Management Market by Source 54
Part 8. Global Food Waste Management Market by Method 61
Part 9. Global Food Waste Management Market by Process 66
Part 10. Global Food Waste Management Market by End-User 72
Part 11. Global Food Waste Management Market by Region 78
North America 81
Europe 86
Asia-Pacific 93
Latin America 98
Middle East and Africa 101
Part 12. Competitive Analysis 105
Competition Overview 105
Recent Developments 106
Waste Management, Inc. 110
Business Overview 110
Contact Information 113
Republic Services, Inc. 114
Business Overview 114
Contact Information 116
Waste Connections, Inc. 117
Business Overview 117
Contact Information 119
Clean Harbors, Inc. 120
Business Overview 120
Contact Information 123
Quest Resource Holding Corporation 124
Business Overview 124
Food/Organic Waste 126
Landfill Diversion of Food Waste 126
Contact Information 128
Veolia Environnement S.A. 129
Business Overview 129
Contact Information 129
GFL Environmental, Inc. 131
Business Overview 131
Contact Information 134
Casella Waste Systems, Inc. 135
Business Overview 135
Contact Information 138
Covanta Holding Corporation 139
Business Overview 139
Contact Information 139
Recology, Inc. 140
Business Overview 140
Contact Information 140
Stericycle, Inc. 141
Business Overview 141
Contact Information 143
Viridor Limited 144
Business Overview 144
Contact Information 144
Biffa plc 145
Business Overview 145
Contact Information 146
RETHMANN SE & Co. KG 147
Business Overview 147
Contact Information 147
Cleanaway Waste Management Limited 148
Business Overview 148
Contact Information 150
Suez S.A. 151
Business Overview 151
Contact Information 151
FCC Environment Limited 152
Business Overview 152
Contact Information 152
Rubicon Technologies Inc. 153
Business Overview 153
Contact Information 154
Renewi plc 155
Business Overview 155
Contact Information 158
Disclaimer 159
FIGURES AND TABLES
Global Food Waste Management Market, Net Growth, 2020-2028 (USD Million)
Global Food Waste Management Market by Waste Type, 2020-2028 (USD Million)
Global Food Waste Management Market by Waste Type, CAGR Historic and Forecast, 2020-2028
Global Food Waste Management Market by Component, 2020-2028 (USD Million)
Global Food Waste Management Market by Component, CAGR Historic and Forecast, 2020-2028
Global Food Waste Management Market by Source, 2020-2028 (USD Million)
Global Food Waste Management Market by Source, CAGR Historic and Forecast, 2020-2028
Global Food Waste Management Market by Method, 2020-2028 (USD Million)
Global Food Waste Management Market by Method, CAGR Historic and Forecast, 2020-2028
Global Food Waste Management Market by Process, 2020-2028 (USD Million)
Global Food Waste Management Market by Process, CAGR Historic and Forecast, 2020-2028
Global Food Waste Management Market by End-User, 2020-2028 (USD Million)
Global Food Waste Management Market by End-User, CAGR Historic and Forecast, 2020-2028
Global Food Waste Management Market Share by Region, 2022
Global Food Waste Management Market by Region, 2020-2028 (USD Million)
Global Food Waste Management Market by Region, CAGR Historic and Forecast, 2020-2028
North America Food Waste Management Market, Net Growth, 2020-2028 (USD Million)
North America Food Waste Management Market Share by Country, 2022
Europe Food Waste Management Market, Net Growth, 2020-2028 (USD Million)
Europe Food Waste Management Market Share by Country, 2022
Asia-Pacific Food Waste Management Market, Net Growth, 2020-2028 (USD Million)
Asia-Pacific Food Waste Management Market Share by Country, 2022
Latin America Food Waste Management Market, Net Growth, 2020-2028 (USD Million)
Latin America Food Waste Management Market Share by Country, 2022
Middle East and Africa Food Waste Management Market, Net Growth, 2020-2028 (USD Million)
Middle East and Africa Food Waste Management Market Share by Country, 2022
Waste Management, Inc. Financial Overview (USD Million)
Waste Management, Inc. Revenue, by Segment, 2022
Waste Management, Inc. Collection Revenue, by Segment, 2022
Waste Management, Inc. Solid Waste Revenue, by Segment, 2022
Waste Management, Inc. Revenue, by Region, 2022
Republic Services, Inc. Financial Overview (USD Million)
Republic Services, Inc. Revenue, by Segment, 2022
Republic Services, Inc. Revenue, by Type, 2022
Republic Services, Inc. Collection Revenue, by Segment, 2022
Waste Connections, Inc. Financial Overview (CAD Million)
Waste Connections, Inc. Revenue, by Segment, 2022
Waste Connections, Inc. Collection Revenue, by Segment, 2022
Waste Connections, Inc. Revenue, by Region, 2022
Clean Harbors, Inc. Financial Overview (USD Million)
Clean Harbors, Inc. Revenue, by Segment, 2022
Clean Harbors, Inc. Revenue, by Type, 2022
Clean Harbors, Inc. Revenue, by Sources, 2022
Clean Harbors, Inc. Revenue, by Geographical Markets, 2022
Quest Resource Holding Corporation Financial Overview (USD Million)
Quest Resource Holding Corporation Revenue, by Segment, 2022
Quest Resource Holding Corporation Revenue, by Region, 2022
Veolia Environnement S.A. Financial Overview (USD Million)
GFL Environmental, Inc. Financial Overview (CAD Million)
GFL Environmental, Inc. Revenue, by Segment, 2022
GFL Environmental, Inc. Solid Waste Revenue, by Segment, 2022
GFL Environmental, Inc. Solid Waste Collection Revenue, by Segment, 2022
GFL Environmental, Inc. Revenue, by Region, 2022
Casella Waste Systems, Inc. Financial Overview (USD Million)
Casella Waste Systems, Inc. Revenue, by Segment, 2022
Casella Waste Systems, Inc. Solid Waste Revenue, by Segment, 2022
Casella Waste Systems, Inc. Resource Solutions Revenue, by Segment, 2022
Casella Waste Systems, Inc. Revenue, by Region, 2022
Stericycle, Inc. Financial Overview (USD Million)
Stericycle, Inc. Revenue, by Segment, 2022
Stericycle, Inc. Revenue, by Region, 2022
Biffa plc Financial Overview (GBP Million)
Biffa plc Revenue, by Division, 2022
Cleanaway Waste Management Limited Financial Overview (AUD Million)
Cleanaway Waste Management Limited Revenue, by Segment, 2022
Rubicon Technologies Inc. Financial Overview (USD Million)
Rubicon Technologies Inc. Revenue, by Segment, 2022
Renewi plc Financial Overview (USD Million)
Renewi plc Revenue, by Segment, 2023
Renewi plc Commercial Waste Revenue, by Segment, 2023
Renewi plc Commercial Waste Revenue, by Type of Service, 2023
Renewi plc Revenue, by Region, 2023