Food Waste Management Market is estimated to be US$ 106.14 billion by 2030 with a CAGR of 6.2% during the forecast period
Food Waste Management market accounted for US$ 57.96 billion in 2020 and is estimated to be US$ 106.14 billion by 2030 and is anticipated to register a CAGR of 6.2%. Food waste management refers to the removal of food that is or was fit for human consumption from the food supply chain. Food wastage is primarily caused by poor economic behavior, poor stock management, or individual negligence, as well as outdated food supplies. Food waste management encompasses a number of strategies that have the ability to turn waste food into a variety of goods, including fertilizers and compost. The report "Global Food Waste Management Market, By Waste Type (Cereals, Dairy Products, Fruit and Vegetable, Meat, Fish and Seafood, Oilseeds and Pulses, Processed food, and Coffee Grounds and Tea), By Process (Aerobic Digestion (Composting), Anaerobic Digestion, Incineration/ Combustion, and Others (Redistribution, Minimization, and Disposal)),By Application (Feed, Fertilizer Biofuel, and Power Gene