This report describes and explains the food waste management market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.
The global food waste management market reached a value of nearly $74.48 billion in 2024, having grown at a compound annual growth rate (CAGR) of 3.58% since 2019. The market is expected to grow from $74.48 billion in 2024 to $96.28 billion in 2029 at a rate of 5.27%. The market is then expected to grow at a CAGR of 5.36% from 2029 and reach $124.98 billion in 2034.
Growth in the historic period resulted from the rising food waste generation, expanding food service industry, rising awareness and environmental concerns and rising organic municipal waste. Factors that negatively affected growth in the historic period were complex regulatory frameworks and limited public awareness and engagement.
Going forward, the favorable government incentives, adoption of circular economy practices, increasing demand for renewable energy and consumer demand for sustainable practices will drive the growth. Factor that could hinder the growth of the food waste management market in the future include high initial investment and lack of infrastructure.
North America was the largest region in the food waste management market, accounting for 36.08% or $26.87 billion of the total in 2024. It was followed by Asia-Pacific, Western Europe and then the other regions. Going forward, the fastest-growing regions in the food waste management market will be Asia-Pacific and South America where growth will be at CAGRs of 7.01% and 5.10% respectively. These will be followed by Western Europe and North America where the markets are expected to grow at CAGRs of 4.76% and 4.75% respectively.
The global food waste management market is fragmented, with a large number of small players operating in the market. The top ten competitors in the market made up to 5.80% of the total market in 2023. Veolia Environnement SA was the largest competitor with a 1.19% share of the market, followed by Waste Management Inc with 1.14%, Republic Services Inc with 0.90%, Waste Connections Inc with 0.56%, Rumpke Consolidated Companies Inc with 0.50%, Cleanaway Waste Management Limited with 0.43%, GFL Environmental Inc with 0.37%, Biffa Ltd with 0.31%, FCC Recycling (UK) Limited with 0.25% and Tomra Systems ASA with 0.15%.
The food waste management market is segmented by waste type into cereals, dairy and dairy products, fruits and vegetables, meat and poultry, fish and seafood, oilseeds and pulses, roots and tubers and other waste types. The fruits and vegetables market was the largest segment of the food waste management market segmented by waste type, accounting for 28.65% or $21.33 billion of the total in 2024. Going forward, the dairy and dairy products segment is expected to be the fastest growing segment in the food waste management market segmented by waste type, at a CAGR of 6.97% during 2024-2029.
The food waste management market is segmented by source into residential, commercial and industrial. The residential market was the largest segment of the food waste management market segmented by source, accounting for 46.95% or $34.97 billion of the total in 2024. Going forward, the commercial segment is expected to be the fastest growing segment in the food waste management market segmented by source, at a CAGR of 6.52% during 2024-2029.
The food waste management market is segmented by service into collection, transportation and disposal and recycling. The collection market was the largest segment of the food waste management market segmented by service, accounting for 54.69% or $40.73 billion of the total in 2024. Going forward, the disposal and recycling segment is expected to be the fastest growing segment in the food waste management market segmented by service, at a CAGR of 6.69% during 2024-2029.
The food waste management market is segmented by application into feed, fertilizers, biofuel, power generation and other applications. The feed market was the largest segment of the food waste management market segmented by application, accounting for 45.07% or $33.56 billion of the total in 2024. Going forward, the feed segment is expected to be the fastest growing segment in the food waste management market segmented by application, at a CAGR of 5.70% during 2024-2029.
The food waste management market is segmented by end-user into primary food producers, food manufacturers, food distributors and suppliers, food service providers and municipalities and households. The municipalities and households market was the largest segment of the food waste management market segmented by end-user, accounting for 40.05% or $29.83 billion of the total in 2024. Going forward, the food service providers segment is expected to be the fastest growing segment in the food waste management market segmented by end-user, at a CAGR of 6.41% during 2024-2029.
The top opportunities in the food waste management markets segmented by waste type will arise in the fruits and vegetables segment, which will gain $5.38 billion of global annual sales by 2029. The top opportunities in the food waste management markets segmented by service will arise in the collection segment, which will gain $9.7 billion of global annual sales by 2029. The top opportunities in the food waste management markets segmented by source will arise in the residential segment, which will gain $9.82 billion of global annual sales by 2029. The top opportunities in the food waste management markets segmented by application will arise in the feed segment, which will gain $10.73 billion of global annual sales by 2029. The top opportunities in the food waste management markets segmented by end-user will arise in the municipalities and households segment, which will gain $7.87 billion of global annual sales by 2029. The food waste management market size will gain the most in China at $4.06 billion.
Market-trend-based strategies for the food waste management market include focus on a collaborative initiative to tackle food waste in hospitality, focus on innovative food waste management initiatives driving sustainability, focus on strategic partnerships driving innovation in food waste management and focus on innovative waste management solution for sustainable food disposal.
To take advantage of the opportunities, the analyst recommends the food waste management focus on implementing structured food waste management initiatives, focus on strengthening partnerships and advancing technology to drive food waste reduction, focus on driving growth through integrated and sustainable waste management solutions, focus on the dairy and dairy products segment to drive growth, expand in emerging markets, continue to focus on developed markets, focus on expanding distribution through strategic partnerships, focus on structuring tiered pricing models to capture different customer segments, focus on strengthening digital engagement and educational campaigns, focus on leveraging community initiatives and corporate partnerships, focus on targeting commercial end-users to drive growth in food waste management.
The global food waste management market reached a value of nearly $74.48 billion in 2024, having grown at a compound annual growth rate (CAGR) of 3.58% since 2019. The market is expected to grow from $74.48 billion in 2024 to $96.28 billion in 2029 at a rate of 5.27%. The market is then expected to grow at a CAGR of 5.36% from 2029 and reach $124.98 billion in 2034.
Growth in the historic period resulted from the rising food waste generation, expanding food service industry, rising awareness and environmental concerns and rising organic municipal waste. Factors that negatively affected growth in the historic period were complex regulatory frameworks and limited public awareness and engagement.
Going forward, the favorable government incentives, adoption of circular economy practices, increasing demand for renewable energy and consumer demand for sustainable practices will drive the growth. Factor that could hinder the growth of the food waste management market in the future include high initial investment and lack of infrastructure.
North America was the largest region in the food waste management market, accounting for 36.08% or $26.87 billion of the total in 2024. It was followed by Asia-Pacific, Western Europe and then the other regions. Going forward, the fastest-growing regions in the food waste management market will be Asia-Pacific and South America where growth will be at CAGRs of 7.01% and 5.10% respectively. These will be followed by Western Europe and North America where the markets are expected to grow at CAGRs of 4.76% and 4.75% respectively.
The global food waste management market is fragmented, with a large number of small players operating in the market. The top ten competitors in the market made up to 5.80% of the total market in 2023. Veolia Environnement SA was the largest competitor with a 1.19% share of the market, followed by Waste Management Inc with 1.14%, Republic Services Inc with 0.90%, Waste Connections Inc with 0.56%, Rumpke Consolidated Companies Inc with 0.50%, Cleanaway Waste Management Limited with 0.43%, GFL Environmental Inc with 0.37%, Biffa Ltd with 0.31%, FCC Recycling (UK) Limited with 0.25% and Tomra Systems ASA with 0.15%.
The food waste management market is segmented by waste type into cereals, dairy and dairy products, fruits and vegetables, meat and poultry, fish and seafood, oilseeds and pulses, roots and tubers and other waste types. The fruits and vegetables market was the largest segment of the food waste management market segmented by waste type, accounting for 28.65% or $21.33 billion of the total in 2024. Going forward, the dairy and dairy products segment is expected to be the fastest growing segment in the food waste management market segmented by waste type, at a CAGR of 6.97% during 2024-2029.
The food waste management market is segmented by source into residential, commercial and industrial. The residential market was the largest segment of the food waste management market segmented by source, accounting for 46.95% or $34.97 billion of the total in 2024. Going forward, the commercial segment is expected to be the fastest growing segment in the food waste management market segmented by source, at a CAGR of 6.52% during 2024-2029.
The food waste management market is segmented by service into collection, transportation and disposal and recycling. The collection market was the largest segment of the food waste management market segmented by service, accounting for 54.69% or $40.73 billion of the total in 2024. Going forward, the disposal and recycling segment is expected to be the fastest growing segment in the food waste management market segmented by service, at a CAGR of 6.69% during 2024-2029.
The food waste management market is segmented by application into feed, fertilizers, biofuel, power generation and other applications. The feed market was the largest segment of the food waste management market segmented by application, accounting for 45.07% or $33.56 billion of the total in 2024. Going forward, the feed segment is expected to be the fastest growing segment in the food waste management market segmented by application, at a CAGR of 5.70% during 2024-2029.
The food waste management market is segmented by end-user into primary food producers, food manufacturers, food distributors and suppliers, food service providers and municipalities and households. The municipalities and households market was the largest segment of the food waste management market segmented by end-user, accounting for 40.05% or $29.83 billion of the total in 2024. Going forward, the food service providers segment is expected to be the fastest growing segment in the food waste management market segmented by end-user, at a CAGR of 6.41% during 2024-2029.
The top opportunities in the food waste management markets segmented by waste type will arise in the fruits and vegetables segment, which will gain $5.38 billion of global annual sales by 2029. The top opportunities in the food waste management markets segmented by service will arise in the collection segment, which will gain $9.7 billion of global annual sales by 2029. The top opportunities in the food waste management markets segmented by source will arise in the residential segment, which will gain $9.82 billion of global annual sales by 2029. The top opportunities in the food waste management markets segmented by application will arise in the feed segment, which will gain $10.73 billion of global annual sales by 2029. The top opportunities in the food waste management markets segmented by end-user will arise in the municipalities and households segment, which will gain $7.87 billion of global annual sales by 2029. The food waste management market size will gain the most in China at $4.06 billion.
Market-trend-based strategies for the food waste management market include focus on a collaborative initiative to tackle food waste in hospitality, focus on innovative food waste management initiatives driving sustainability, focus on strategic partnerships driving innovation in food waste management and focus on innovative waste management solution for sustainable food disposal.
To take advantage of the opportunities, the analyst recommends the food waste management focus on implementing structured food waste management initiatives, focus on strengthening partnerships and advancing technology to drive food waste reduction, focus on driving growth through integrated and sustainable waste management solutions, focus on the dairy and dairy products segment to drive growth, expand in emerging markets, continue to focus on developed markets, focus on expanding distribution through strategic partnerships, focus on structuring tiered pricing models to capture different customer segments, focus on strengthening digital engagement and educational campaigns, focus on leveraging community initiatives and corporate partnerships, focus on targeting commercial end-users to drive growth in food waste management.
Major Market Trends
- A Collaborative Initiative to Tackle Food Waste in Hospitality
- Innovative Food Waste Management Initiatives Driving Sustainability
- Strategic Partnerships Driving Innovation in Food Waste Management
- Innovative Waste Management Solution for Sustainable Food Disposal
Key Mergers and Acquisitions
- Biffa Limited Acquired Keenan Recycling
- Minus Global Holdings Inc Acquired Future Waste
- Denali Water Solutions Acquired Organix Recycling LLC
- Suez Recycling and Recovery UK Acquired EnviroServ Inc.
Table of Contents
1 Executive Summary
6 Market Characteristics
7 Major Market Trends
8 Global Food Waste Management Growth Analysis and Strategic Analysis Framework
9 Global Food Waste Management Market Segmentation
10 Food Waste Management Market, Regional and Country Analysis
11 Asia-Pacific Market
12 Western Europe Market
13 Eastern Europe Market
14 North America Market
15 South America Market
16 Middle East Market
17 Africa Market
18 Competitive Landscape and Company Profiles
19 Other Major and Innovative Companies
22 Key Mergers and Acquisitions
23 Recent Developments in the Food Waste Management Market
24 Opportunities and Strategies
25 Food Waste Management Market, Conclusions and Recommendations
26 Appendix
Executive Summary
Food Waste Management Global Market Opportunities and Strategies to 2034 provides the strategists; marketers and senior management with the critical information they need to assess the global food waste management market.Reasons to Purchase
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Description
Where is the largest and fastest-growing market for food waste management? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The food waste management market global report answers all these questions and many more.The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market’s history and forecasts market growth by geography. It places the market within the context of the wider food waste management market; and compares it with other markets.
The report covers the following chapters
- Introduction and Market Characteristics - Brief introduction to the segmentations covered in the market, definitions and explanations about the segment by waste type, by service, by source, by application and by end-user.
- Key Trends - Highlights the major trends shaping the global market. This section also highlights likely future developments in the market.
- Growth Analysis and Strategic Analysis Framework - Analysis on PESTEL, end use industries, market growth rate, global historic (2019-2024) and forecast (2024-2029, 2034F) market values and drivers and restraints that support and control the growth of the market in the historic and forecast periods, forecast growth contributors and total addressable market
- Global Market Size and Growth - Global historic (2019-2024) and forecast (2024-2029, 2034F) market values and drivers and restraints that support and control the growth of the market in the historic and forecast periods.
- Regional and Country Analysis - Historic (2019-2024) and forecast (2024-2029, 2034F) market values and growth and market share comparison by region and country.
- Market Segmentation - Contains the market values (2019-2024) (2024-2029, 2034F) and analysis for each segment by waste type, by service, by source, by application and by end-user in the market. Historic (2019-2024) and forecast (2024-2029) and (2029-2034) market values and growth and market share comparison by region market.
- Regional Market Size and Growth - Regional market size (2024), historic (2019-2024) and forecast (2024-2029, 2034F) market values and growth and market share comparison of countries within the region. This report includes information on all the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa and major countries within each.
- Competitive Landscape - Details on the competitive landscape of the market, estimated market shares and company profiles of the leading players.
- Other Major and Innovative Companies - Details on the company profiles of other major and innovative companies in the market.
- Competitive Benchmarking - Briefs on the financials comparison between major players in the market.
- Competitive Dashboard - Briefs on competitive dashboard of major players.
- Key Mergers and Acquisitions - Information on recent mergers and acquisitions in the market covered in the report. This section gives key financial details of mergers and acquisitions, which have shaped the market in recent years.
- Market Opportunities and Strategies - Describes market opportunities and strategies based on findings of the research, with information on growth opportunities across countries, segments and strategies to be followed in those markets.
- Conclusions and Recommendations - This section includes recommendations for food waste management providers in terms of product/service offerings geographic expansion, marketing strategies and target groups
- Appendix - This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.
Markets Covered:
1) by Waste Type: Cereals; Dairy and Dairy Product; Fruits and Vegetables; Meat and Poultry; Fish and Seafood; Oilseeds and Pulse; Roots and Tubers; Other Waste Types2) by Service: Collection; Transportation; Disposal and Recycling
3) by Source: Residential; Commercia; 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
Key Companies Profiled: Veolia Environnement SA; Waste Management Inc; Republic Services Inc; Waste Connections Inc; Rumpke Consolidated Companies Inc.
Countries: China; Australia; India; Indonesia; Japan; South Korea; USA; Canada; Brazil; France; Germany; UK; Italy; Spain; Russia
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets; GDP proportions; expenditure per capita; food waste management indicators comparison.
Data Segmentation: Country and regional historic and forecast data; market share of competitors; market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Companies Mentioned
The companies featured in this Food Waste Management market report include:- Veolia Environnement SA
- Waste Management Inc
- Republic Services Inc
- Waste Connections Inc
- Rumpke Consolidated Companies Inc.
- Cleanaway Waste Management Limited
- GFL Environmental Inc.
- Biffa Ltd.
- FCC Recycling (UK) Limited
- Tomra Systems ASA
- Thankful
- Le Méridien Petaling Jaya
- Leanpath
- MEIKO
- Walmart China
- Yum China Holdings, Inc
- China Everbright Environment Group Limited
- Starbucks Japan
- even & i Holdings Co., Ltd
- Lawson, Inc.
- Japan Food Ecology Center, Inc.
- Nuvilab
- Doobiwon
- Envac Korea
- TSK Corporation
- Sempio Foods Company
- Phenix
- Kespro Oy
- Marriott Hotels
- Compass Group
- SUEZ
- PreZero
- Urbaser
- Biffa
- ReFood
- AVE Group
- Maas Loop
- FCC Environment CEE
- SARIA Group
- Bigbelly Solar LLC
- Therm Solutions Inc
- Republic Services Inc
- Covanta Holding Corp.
- Advanced Disposal Services Inc.
- Casella Waste Systems Inc.
- Rumpke Consolidated Companies Inc
- Lakeshore Recycling Systems LLC
- Minus Global Holdings Inc
- Planet Earth
- Future Waste
- Copia Pbc
- Goodr Inc.
- Modern Waste Products Inc.
- Eoms Recycling Inc.
- Enerkem Inc.
- Missouri Organic Recycling
- Davidson Environmental Ltd.
- Second Harvest Canada
- Prorec Inc.
- Waste Solutions Canada Inc.
- IFCO SYSTEMS
- BASF SE
- Recipet Soluções Ambientais Ltda.
- Green Waste Management Ltda.
- Tetra Pak International S.A.
- Interseroh Latin America Ltda.
- SUEZ Recycling and Recovery Latin America S.A.
- ADQ
- ne’ma
- LuLu Hypermarket
- Tadweer
- Edama Organic Solutions
- Wasteless
- Bee'ah
- Emirate Waste Management
- Maha Environmental Services
- Averda International Limited
- Dulsco
- Ramky Enviro Engineers
- Qatar MCC
- Al Swaidi Industrial Services
- Suez Recycling and Recovery UK
- EnviroServ Inc
- Yalo
- Wasteless Africa
- Food for Mzansi
- The Waste Group
- Oricol Environmental Services
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 374 |
Published | June 2025 |
Forecast Period | 2024 - 2034 |
Estimated Market Value ( USD | $ 74.48 Billion |
Forecasted Market Value ( USD | $ 124.98 Billion |
Compound Annual Growth Rate | 5.3% |
Regions Covered | Global |
No. of Companies Mentioned | 89 |