October 17, 2019 (Expresswire) — the food waste management Market forecasts the value and sales volume of food waste management sub-markets for key regions.
The global food waste management Market research report is an analysis of the current market scenario that covers several market dynamics. The food waste market research report is a resource that provides current as well as upcoming technical and financial details of the industry. In the food waste management market report, a thorough SWOT analysis and investment analysis is provided that predicts imminent opportunities for food waste management market players.
Analysts predict that the global food waste management market will grow by 4% in the period 2019-2023.Food waste managementindustry is the largest food waste management segment, with a share of 3.66% in 2018.
The best manufacturers of market management of food waste/key players:
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About food waste management market:
Our food waste management market analysis considers sales from landfill, recycling, and incineration disposal method. Our analysis also considers the sales of food waste management in APAC, Europe, North America, South America, and MEA. In 2018, the landfill segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as low costs of landfilling will play a significant role in the landfill segment to maintain its market position. Also, our global food waste management market report looks at factors such as growing concern about carbon emissions, conversion of food waste into bio-based products and organic fertilizers, and increasing implementation of regulations and favorable policies. However, increasing risks of fire accidents, high operating and maintenance costs, and the adverse impact of incineration on environment may hamper the growth of the food waste management industry over the forecast period.
Some major Coverage points in the food waste management market Report are: –
Market Driver: conversion of food waste into bio-based products and organic fertilizers Market Trend: gaining momentum in the market is increasing integration of GIS in food waste management Market Challenge: high operating and maintenance costs. Conversion of food waste into bio-based products and organic fertilizers The production of bio-based products and organic fertilizers from food waste are feasible solutions for food waste management. Biofuel reduces GHG emissions by replacing fossil fuels for energy generation. Many companies produce bio-based products by utilizing food waste to reduce the adverse impact of GHG emission. Further, food-waste also contains high amounts of organic materials and is suitable for making organic fertilizer. Turning food waste into organic fertilizer can minimize waste disposal and helps regain the value of wasted food. This obtained fertilizer can be used efficiently for agricultural process. This will lead to the expansion of the global food waste management market at a CAGR of around 4% during the forecast period. Increasing integration of GIS in food waste management The geographic information system (GIS) is increasingly being used for site selection across the world. GIS is used to analyze various factors such as topography, land use, transportation facilities, and the degree of urbanization, which are compiled to identify landfill sites and potential environmental impacts. Hence, the use of GIS helps in selecting appropriate landfill sites, managing food waste efficiently, without causing environmental damage. This development is expected to have a positive impact on the overall market growth.
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