The food waste disposable units global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Food Waste Disposable Units Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The food waste disposable units market size has grown strongly in recent years. It will grow from $2.26 billion in 2023 to $2.43 billion in 2024 at a compound annual growth rate (CAGR) of 7.5%. The growth in the historic period can be attributed to environmental awareness, convenience and hygiene, urbanization, government initiatives.
The food waste disposable units market size is expected to see strong growth in the next few years. It will grow to $3.21 billion in 2028 at a compound annual growth rate (CAGR) of 7.3%. The growth in the forecast period can be attributed to sustainability and circular economy, urban dwellings, technological advances, health and sanitation concerns. Major trends in the forecast period include smart and iot-enabled units, food recovery programs, innovative disposal methods, integration with kitchen appliances.
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Scope Of Food Waste Disposable Units Market
The Business Research Company’s reports encompass a wide range of information, including:
- Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
- Drivers: Examination of the key factors propelling market growth.
- Trends: Identification of emerging trends and patterns shaping the market landscape.
- Key Segments: Breakdown of the market into its primary segments and their respective performance.
- Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
- Macro Economic Factors: Assessment of broader economic elements impacting the market.
Food Waste Disposable Units Market Overview
Market Drivers –
Population growth, rapid urbanization and increasing consumption due to rising disposable income will further increase the demand for food waste disposal units. According to the World Bank, by 2025, the waste volume generated per person per day is estimated to reach 1.42 kg. The International Solid Waste Association has forecasted that globally solid waste volumes will rise by a factor of 2.37 by 2050.
Market Trends –
The food waste disposal unit manufacturing companies are focusing on innovating advanced environment-friendly solutions such as waste-to-energy solutions. The disposers convert the waste into fine particles, which further leads to the formation of biogas. The generated biogas in the form of biofuel can be used to generate electricity.
The food waste disposable units market covered in this report is segmented –
1) By Type: Shattered Type Disposers, Dry Type Disposers, Grinding Type Disposers
2) By Application: Commercial, Residential
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Regional Insights –
Asia Pacific was the largest region in the food waste disposable units market in 2023. The regions covered in the food waste disposable units market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Key Companies –
Major companies operating in the food waste disposable units market include Anaheim Manufacturing Co, Emerson Electric Co, Franke Holding AG, Haier Group Corporation, Hobart Corporation, Whirlpool Corporation, InSinkErator, Apollo Kitchen Equipment & Services Pvt Ltd., WasteCare Corporation, MEIKO Clean Solutions Pvt Ltd., Komptech Americas LLC, Mavitec Group, Delitek AS, Unistone Electric Company, Disperator AB, EnviroPure Systems Inc., Wastequip LLC, BioHiTech Global Inc., Bokashicycle NVC LLC, WasteMaster Inc., Oklin International Ltd., Bioelektra Group, Bertin Medical Waste Sterilwave, Somat Corporation, Pulian International Enterprise Co Ltd., Go Green Environmental, Joraform AB, BinCrusher, BLANCO America Inc., Teka Group
Table of Contents
- Executive Summary
- Food Waste Disposable Units Market Report Structure
- Food Waste Disposable Units Market Trends And Strategies
- Food Waste Disposable Units Market – Macro Economic Scenario
- Food Waste Disposable Units Market Size And Growth
…..
- Food Waste Disposable Units Market Competitor Landscape And Company Profiles
- Key Mergers And Acquisitions
- Future Outlook and Potential Analysis
- Appendix
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