How big is the food waste management market today, and what are its future growth expectations?
The food waste management market size has grown strongly in recent years. It will grow from $74.48 billion in 2024 to $78.82 billion in 2025 at a compound annual growth rate (CAGR) of 5.8%. The growth in the historic period can be attributed to regulatory initiatives and compliance, rising environmental awareness, cost reduction and resource efficiency, corporate social responsibility (CSR), public awareness and education campaigns.
The food waste management market size is expected to see strong growth in the next few years. It will grow to $99.89 billion in 2029 at a compound annual growth rate (CAGR) of 6.1%. The growth in the forecast period can be attributed to circular economy initiatives, government incentives and policies, consumer demand for sustainable practices. Major trends in the forecast period include advancements in food waste recovery technologies, focus on consumer education and behavioral change, introduction of food waste tracking apps, implementation of circular economy practices, global initiatives to address food loss and waste.
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Which industry factors have accelerated the food waste management market’s expansion?
The increasing organic municipal waste is expected to propel the growth of the food waste management market going forward. Organic municipal waste refers to municipal solid waste (MSW) comprising biodegradable organic materials derived from living organisms. Food waste management plays a crucial role in the overall management of organic municipal waste, which includes food waste, yard waste, and other biodegradable materials that can be effectively and sustainably managed through proper food waste management practices. For instance, in September 2024, according to the gov.uk, a UK-based information website, in 2022, the UK sent 6.3 million tons of biodegradable municipal waste to landfill, with England accounting for 81% of this total. England alone generated 5.1 million tons of the UK’s total biodegradable waste sent to landfill that year. Therefore, the increasing organic municipal waste will drive the growth of the food waste management market.
What are the primary segments of the food waste management market?
The food waste management market covered in this report is segmented –
1) By Waste Type: Cereals, Dairy And Dairy Products, Fruits And Vegetables, Meat And Poultry, Fish And Seafood, Oilseeds And Pulses, Roots And Tubers, Other Waste Types
2) By Service: Collection, Transportation, Disposal And Recycling
3) By Source: Residential, Industrial
4) By Application: Feed, Fertilizers, Biofuel, Power Generation, Other Applications
5) By End-User: Primary Food Producers, Food Manufacturers, Food Distributors And Suppliers, Food Service Providers, Municipalities And Households
Subsegments:
1) By Cereals: Wheat, Rice, Corn
2) By Dairy And Dairy Products: Milk, Cheese, Yogurt
3) By Fruits And Vegetables: Fresh Produce, Processed Fruits And Vegetables
4) By Meat And Poultry: Beef, Pork, Chicken
5) By Fish And Seafood: Fresh Fish, Processed Seafood
6) By Oilseeds And Pulses: Soybeans, Lentils
7) By Roots And Tubers: Potatoes, Carrots
8) By Other Waste Types: Bakery Products, Packaged Foods
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Which firms are leading the food waste management market?
Major companies operating in the food waste management market report are Veolia Environnement S.A., Waste Management Inc., Remondis SE & Co. KG, Republic Services Inc., FCC Environment Limited, DS Smith PLC, Suez S.A., Waste Connections Inc., Hearthside Phood Solutions LLC, Clean Harbors Inc., Cleanaway Waste Management Limited, Covanta Ltd., Covanta Holding Corp., Cleanaway Waste Management Ltd., Advanced Disposal Services Inc., Biffa Group Ltd., Implexians Eco Solutions Pvt. Ltd., Casella Waste Systems Inc., Rumpke Consolidated Companies Inc., FCC Recycling (UK) Limited, Lakeshore Recycling Systems LLC, Biancamano S.p.A, Enerkem Inc., Copia Pbc, Goodr Inc., Modern Waste Products Inc., Eoms Recycling Inc., Ecofast Italia S.R.L., Kitro S.A., Missouri Organic Recycling
Which market trends are set to define the future of the food waste management market?
Major companies operating in the food waste management market are innovating new technologies, such as the Tesco Tinder online marketplace, to increase their profitability in the market. Tesco Tinder is a brand-new online market that enables suppliers to trade extra goods, cutting down on waste and production expenses. For instance, in December 2022, Tesco PLC, a UK-based retail company, launched an application called Tesco Tinder, which can assist in increasing supply chain efficiency by connecting suppliers that have excess inventory with other Tesco suppliers who need it. It can reduce the quantity of food wasted due to overproduction or ineffective supply chain management. Tesco Tinder promotes sustainable practices by minimizing waste and encouraging the repurposing extra inventory.
Which geographic trends are shaping the food waste management market, and which region has the highest market share?
North America was the largest region in the food waste management market in 2024. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the food waste management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
What Does The Food Waste Management Market Report 2025 Offer?
The food waste management market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Food waste management refers to the systematic and responsible handling of food waste to reduce its environmental impact, promote sustainability, and ensure the efficient utilization of resources throughout the entire food supply chain. It involves taking measures to prevent food waste from occurring in the first place.
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