Global Food Waste Management Market Report 2020-2027 – U.S. Market is Estimated at $10.2 Billion, While China is Forecast to Grow at 4.3% CAGR – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Food Waste Management – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.
Global Food Waste Management Market to Reach $47.1 Billion by 2027
Amid the COVID-19 crisis, the global market for Food Waste Management estimated at US$34.6 Billion in the year 2020, is projected to reach a revised size of US$47.1 Billion by 2027, growing at a CAGR of 4.5% over the analysis period 2020-2027.
Aerobic Digestion, one of the segments analyzed in the report, is projected to record a 4.4% CAGR and reach US$16.9 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Anaerobic Digestion segment is readjusted to a revised 5.5% CAGR for the next 7-year period.
The U.S. Market is Estimated at $10.2 Billion, While China is Forecast to Grow at 4.3% CAGR
The Food Waste Management market in the U.S. is estimated at US$10.2 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$8.4 Billion by the year 2027 trailing a CAGR of 4.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.3% and 3.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.8% CAGR.
Incineration/Combustion Segment to Record 4.2% CAGR
In the global Incineration/Combustion segment, USA, Canada, Japan, China and Europe will drive the 4.2% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$5 Billion in the year 2020 will reach a projected size of US$6.7 Billion by the close of the analysis period.
China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$5.4 Billion by the year 2027.
The report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others:
- Advanced Disposal Services, Inc.
- Biffa Group Limited
- Clean Harbors, Inc.
- Covanta Holding Corporation
- Remondis Se & Co. KG
- Republic Services, Inc.
- Rumpke Consolidated Companies, Inc.
- Stericycle, Inc.
- SUEZ
- Veolia Environnement SA
- Waste Connections, Inc.
- Waste Management, Inc.
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Global Competitor Market Shares
- Food Waste Management Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
- Aerobic Digestion (Process) World Market by Region/Country in US$ Million: 2020 to 2027
- Aerobic Digestion (Process) Historic Market Analysis by Region/Country in US$ Million: 2012 to 2019
- Aerobic Digestion (Process) Market Share Breakdown of Worldwide Sales by Region/Country: 2012 VS 2020 VS 2027
- Anaerobic Digestion (Process) Potential Growth Markets Worldwide in US$ Million: 2020 to 2027
- Anaerobic Digestion (Process) Historic Market Perspective by Region/Country in US$ Million: 2012 to 2019
- Anaerobic Digestion (Process) Market Sales Breakdown by Region/Country in Percentage: 2012 VS 2020 VS 2027
- Incineration/Combustion (Process) Geographic Market Spread Worldwide in US$ Million: 2020 to 2027
- Incineration/Combustion (Process) Region Wise Breakdown of Global Historic Demand in US$ Million: 2012 to 2019
- Incineration/Combustion (Process) Market Share Distribution in Percentage by Region/Country: 2012 VS 2020 VS 2027
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
- Market Facts & Figures
- Food Waste Management Market Share (in %) by Company: 2019 & 2025
- Market Analytics
- Food Waste Management Market Estimates and Projections in US$ Million by Process: 2020 to 2027
- Food Waste Management Market by Process: A Historic Review in US$ Million for 2012-2019
- Food Waste Management Market Share Breakdown by Process: 2012 VS 2020 VS 2027
IV. COMPETITION
Total Companies Profiled: 48
For more information about this report visit https://www.researchandmarkets.com/r/rfskrl
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