Global Food Recycling Machines Market: Introduction
According to the UN Food and Agriculture Organization (FAO), more than a third of the food produced globally, goes waste, annually. The HoReCa sector, QSRs, foodservice sites, supermarkets and hypermarkets, other food related businesses, and households generate colossal volumes of food waste on a daily basis. Food leftovers and the waste generated during production, processing, and distribution within the food and beverages industry continues to create rampant food wastage volumes.
As an integral part of the sustainable food waste management system, food recycling machines serve to convert food waste into products or materials that are useful in terms of achieving sustainability of the environment. Food recycling machines tend to reduce both the weight and volume of wasted food scrap by almost 80-90%, delivering the output suitable for usage as manure or an organic fertilizer. Collection, separation, and recycling are the three key steps of a typical food waste recycling procedure.
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Global Food Recycling Machines Market: Segmentation
The global food recycling machines market can be segmented on the basis of end-use industry, power rating and region.
On the basis of end-use industry, the global food recycling machines market can be segmented as:
- Food Stores
- Others (Schools, Institutes, etc.)
- Food Products
- Others (Public Administration, etc.)
On the basis of power rating, the global food recycling machines market can be segmented as:
- Up to 250W
- 250W to 1000W
- More than 1000W
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Global Food Recycling Machines Market: Regional Outlook
Food waste generation differs across the globe. North America and Europe are at the forefront in terms of per capita food waste generation and the Middle East & Africa wastes the least amount of food. It is important to note that a substantial amount of food is wasted at retail & consumer levels in industrialized countries such as Germany, the U.S. and Japan. Subsequently, these countries are observed to have a relatively higher number of food recycling machines. In terms of technological advancements in food recycling machines, Europe and North America possess highly advanced products including automation. Emerging cities with fast-growing middle-class populations can be encouraged to reduce waste by showing them the importance and advantages of food recycling machines.
Global Food Recycling Machines Market: Key Participants
Examples of some of the market participants across the value chain of the global food recycling machines market include,
- Oklin International Ltd.
- Hungry Giant Recycling Inc.
- CP Manufacturing, Inc.
- Ridan Food Waste Composters
- Whirlpool Corporation (Zera)
- Nanjgel Enterprise
- BioHiTech Global Company
The research report presents a comprehensive assessment of the food recycling machines market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as those on the basis of geographies, applications and industries.
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The report covers exhaust analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Value Chain
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