Food Waste Management Market Detail Analysis of Top Companies 2028

The size of the global Food Waste Management Market was substantial in 2020 and is predicted to experience a stable compound annual growth rate in revenue over the forecast period. Factors that are propelling the growth of the market include the need to address global issues such as climate change, pollution, and biodiversity loss, the increasing amount of food waste, and government investments that support the reduction of food waste. Furthermore, the drive to enhance food security and reduce the burden on waste management systems are expected to fuel demand for food waste reduction and contribute to the growth of the market.

Food waste refers to the total loss and waste of food at various stages of the food supply chain, including production, post-harvest, processing, distribution, and consumption. Globally, an estimated 14% of food is lost from harvest to retail, and about 17% of total global food production is wasted. This waste poses a threat to the long-term sustainability of our food systems. Reducing food waste is beneficial to the environment since it prevents food from being deposited in landfills. It also makes economic sense at both a small scale, by lowering household food costs, and at a large scale, by reducing disposal costs for restaurants, processors, and farmers. Ultimately, reducing food waste is socially significant because the saved food can be redirected to emergency food providers to address hunger.

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Top Companies Operating in the Global Food Waste Management Market Report:

Oddbox
Zero Hunger
Motatos
ReFed
Winnow Solutions
Orora
TetraPak
Phood Solutions
Copia
TotalCtrl
412 Food Rescue
General Mills
HelloFresh
Grind2Energy
BT9
Feeding America
Whole Foods

Notable Innovations of Food Waste Management Market

Food Waste Prevention Packaging: Innovative packaging solutions are being developed to extend the shelf life of food products and reduce waste. For example, companies are using modified atmosphere packaging (MAP) that adjusts the gas composition inside the packaging to slow down the spoilage process. Edible coatings and films made from natural ingredients are also being explored to enhance food preservation.
Upcycling Food Waste: Instead of discarding food by-products or leftovers, companies are finding ways to upcycle them into valuable products. For instance, food waste is being used to create alternative food ingredients, such as flours made from spent grain or fruit pulp. Some startups are also utilizing food waste to produce biodegradable packaging materials, biofuels, and even textiles.
Data Analytics and Predictive Technologies: Advanced data analytics and predictive technologies are being used to optimize supply chain operations and reduce food waste. By analyzing historical data, demand patterns, and external factors, companies can make informed decisions about inventory management, production planning, and distribution, thereby minimizing waste at various stages of the food system.

The global Food Waste Management Market is segmented into:

North America (U.S.A., Canada, Mexico)
Europe (Italy, U.K., Germany, France, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Further market segmentation

Food Type Outlook (Revenue, USD Billion; 2018-2028)

Cereals
Dairy Products
Fruits Vegetables
Meat
Fish Sea Food
Processed Food

Services Outlook (Revenue, USD Billion; 2018-2028)

Processing Plant
Warehousing Cold Storage
Cropping Pattern Consulting
Supply Chain

Key Questions Addressed in the Report:

What are the dominating factors that are influencing the growth of the industry?
In the forecast period, which market segment is expected to rise the most?
What are the risks and challenges that the industry is facing?
In the coming years, which area is projected to dominate the market?
Who are the major players in the market? What kind of strategic business plans have they made?

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