Food Waste Management Market

Food Waste Management Market
Food waste is defined as any food material that is lost or discarded at the production, processing, retail and
consumption stages of the food supply chain.
Food waste management involves all the methods used to handle the vast amounts of waste generated at all
the above-mentioned stages. These methods differ based on the kind of waste that is being treated, the
chemical process in use and the end-purpose of the treated waste. Composting and anaerobic digestion are
two common methods employed in treating food waste.
Market Dynamics of Food Waste Management Market:
Wastage of food can be a result of factors such as production inefficiency, processing losses, marketing
necessities and consumption-related issues. Food wastage due to production inefficiency is more frequent in
developing regions and wastage at the consumer-end is higher in developed regions.
The market for food waste management is closely tied to the increasing production and consumption of
food, the rising environmental threat from landfilling of waste, and the economic incentive for waste
treatment.
The primary driver for the food waste management market is the high and increasing food consumption and
production across the globe. The problem of food waste is getting accelerated with many countries and
international organizations pushing for the free exchange of food across the world and the fulfillment of
basic nutrient requirements of every individual.
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