Abundance of Raw Materials and Supportive Government Initiatives Drive Products From Food Waste Market on Positive Growth Trajectory
The global products from food waste market is anticipated to expand at a brisk pace and double its market value through the forecast period. The growth of the market is predominantly attributed to the burgeoning volume of food waste year-on-year and the emergence of new entrants in the market. Macroeconomic factors such as favorable government initiatives regarding reassessment of food wastage, surging industrialization, and rising research and development (R&D) activities to develop efficient products are also anticipated to have a positive impact on the growth of the market.
Moreover, backed by abundant raw materials, market players are scaling up their production capacities, and this will continue to drive the market on a positive growth trajectory through the forecast period.
Burgeoning Volume of Food Wastage Worldwide Continues to Bolster Products From Food Waste Market
According to the UN Environment Program, nearly one-third of food produced for human consumption - equating to 1.3 Bn tones - is wasted every year. The wastage transmutes into wastage of approximately US$ 680 bn in developed economies and US$ 310 Bn in emerging economies. The gargantuan amount of wasted food is an alarming fact for food cultivators, producers, manufacturers, processors, and sellers.
On a positive note, food wastage is considered a valued resource by reassessing, repurposing, and reselling, and can be utilized in a number of end-use applications. Over the years, rethinking, repurposing, and reselling food waste has gained traction and is bestowing substantial revenue opportunities to market players. Developed economies, such as North America and Europe, with relatively higher food production, also tend to waste more food than emerging economies.
Over the years, consumers in these regions have become aware of household methods to consume products from food waste. Moreover, increased levels of disposable incomes have proven inversely proportional to the value of food and other goods.
Cosmetic Flaws in Fruits and Vegetable Bestow Remunerative Opportunities to Market Players
When fruits and other fresh food products do not meet the cosmetic criteria, which is the proper appearance of the product, the products are discarded, thereby opening a window for the growth of products from the food waste market. According to the United States Department of Agriculture (USDA), supermarkets and other retailers lose nearly US$ 15 Bn every year on the back of cosmetic flaws in fruits and vegetables.
Fruits' failure to meet cosmetic criteria is presenting abundant opportunities to the players and is acting as a major growth driver to the overall market. Leveraging the high volume of fruits and vegetable wastage and their nutritional profile, numerous small and medium-sized players are processing wasted food and are reselling reassessed products. The concept is rewarding to consumers in multiple ways. For instance, consumers can avail products at a lesser cost than conventional foods, and these products also possess added value, such as organic and vegan.
Spurring Adoption in F&B Sector Promises Healthy Growth
Animal feed, which currently holds nearly 85% of the overall market, is anticipated to remain the leading end-use segment for products from food waste market. On the other hand, adoption in F&B sector is forecasted to rise at a healthy CAGR, with products such as oil and flour, finding significant usage in food & beverage processing. The adoption of these products in the sector is also attributed to fortification with natural ingredients, that are paving the way for the market to expand in a cost-effective way.
A recent market study published by XploreMR “Products from Food Waste Market: Global Industry Analysis 2014-2018 & Forecast 2019-2029” offers a comprehensive assessment of the most important market dynamics. After conducting thorough research on the historic as well as current growth parameters of the products from food waste market, the growth prospects of the market are obtained with maximum precision.
Chapter 01 – Executive Summary
The report commences with the executive summary of the products from food waste market, which includes a summary of the key findings and key statistics of the market. It also includes the market value (US$ million) estimates of the leading segments of the products from food waste market.
Chapter 02 – Market Overview
Readers can find the detailed taxonomy and the definition of the products from food waste market in this chapter, which will help them understand the basic information about the products from food waste market. This section also highlights the key inclusions and exclusions, which helps the reader understand the scope of the products from food waste market report.
Chapter 03 – Key Market Trends
The report provides the key trends that are expected to substantially impact the growth of the market during the forecast period. Detailed industry trends are provided in this section, along with key market developments or product innovations, key competition mapping, and veterinary health market outlook, which is likely to have a significant impact on products from food waste market.
Chapter 04 – Key Success Factors
This section includes the key inclusions of the report. It includes the product adoption & usage analysis, product timeline, regulatory assessment, reimbursement scenario, pipeline assessment & opportunity analysis, and manufactures’ strategies for market expansion.
Chapter 05 – Global Products from Food Waste Market Demand (in Value or Size in US$ Mn) Analysis 2014-2018 and Forecast, 2019-2029
This section explains the global market value analysis and forecast for the products from food waste market between the forecast period of 2014-2029. This chapter includes the detailed analysis of the historical Products from Food Waste market, along with an opportunity analysis of the future. Readers can also find the absolute opportunity for the current year (2019 – 2020), and an incremental opportunity for the forecast period (2019 – 2029).
Chapter 06 – Market Background
This chapter explains the key macro-economic factors that are expected to influence the growth of the products from food waste market during the forecast period. Along with macroeconomic factors, this section also highlights the opportunity analysis for the products from food waste market. This chapter also highlights the key dynamics of the products from food waste market, which include the drivers, restraints, and trends. Moreover, it will enable readers to understand the key trends followed by the leading manufacturers in the products from food waste market.
Chapter 07 – Application of Products from Food Waste in Emerging Areas, 2018
This section explain the global market penetration analysis for the products from food waste in 2018. The section also covers the key information about the CRISPR patents landscape, regulatory scenario for genome editing, the adoption of CRISPR in veterinary medicine, along with the CRISPER licensing landscape. It also provides information on the penetration of the CRISPR-based products from food waste market by emerging application areas.
Chapter 08 – Global Products from Food Waste Market Analysis 2014 - 2018 & Forecast 2019 - 2029, By Source
Based on the source, the products from food waste market is segmented into mangos, apples, grapes, citrus fruits, carrots, beetroot, berries and others. In this chapter, readers can find information about the key trends and developments in the products from food waste market and market attractiveness analysis based on the source.
Chapter 09 – Global Products from Food Waste Market Analysis 2014 - 2018 & Forecast, 2019 - 2029, By End Use
A detailed analysis about the end use of products from food waste in the products from food waste market has been explained in this chapter. The end use areas for products from food waste have been classified into food processing, beverage processing, cosmetics & personal care, dietary supplements and nutraceuticals, animal feed and others. In this chapter, readers can find information about the market attractive analysis based on end use.
Chapter 10 – Global Products from Food Waste Market Analysis 2014 – 2018 & Forecast, 2019 - 2029, By Region
This chapter explains how the products from food waste market will grow across various geographic regions, such as North America, Latin America, Europe, East Asia, South Asia, Oceania, and the Middle East & Africa (MEA).
Chapter 11 – North America Products from Food Waste Market Analysis 2014 – 2018 & Forecast, 2019 - 2029
This chapter includes a detailed analysis of the growth of the North America products from food waste market, along with a country-wise assessment that includes the U.S. and Canada. Readers can also find the regional trends, regulations, and market growth based on the application, end users, and countries in North America.
Chapter 12 – Latin America Products from Food Waste Market Analysis 2014 - 2018 & Forecast, 2019 - 2029
Readers can find detailed information about several factors, such as the pricing analysis and the regional trends, which are impacting the growth of the Latin America products from food waste market. This chapter also includes the growth prospects of the Products from Food Waste market in the leading LATAM countries such as Brazil, Mexico, Argentina, and the Rest of Latin America.
Chapter 13 – Europe Products from Food Waste Market Analysis 2014 - 2018 & Forecast, 2019 - 2029
Important growth prospects of the Products from Food Waste market based on its end users in several countries, such as Germany, the UK, France, Spain, Italy, Russia, Poland, and the Rest of Europe, are included in this chapter.
Chapter 14 – South Asia Products from Food Waste Market Analysis 2014 - 2018 & Forecast, 2019 - 2029
India, Indonesia, Thailand, and Malaysia are among the leading countries in the South Asia region, which are among the prime subjects of assessment to obtain the growth prospects of the South Asia Products from Food Waste market in this chapter. Readers can find detailed information about the growth parameters of the South Asia Products from Food Waste market during the period 2019-2029.
Chapter 15 –East Asia Products from Food Waste Market Analysis 2014 - 2018 & Forecast, 2019 - 2029
This chapter highlights the growth of the Products from Food Waste market in the East Asia by focusing on China, Japan, and South Korea. This section also helps readers understand the key factors that are responsible for the growth of the Products from Food Waste market in East Asia.
Chapter 16 – Oceania Products from Food Waste Market Analysis 2014 - 2018 & Forecast, 2019 - 2029
In this chapter, Australia and New Zealand are among the leading countries in the Oceania region, which are the prime subjects of assessment to obtain the growth prospects of the Oceania Products from Food Waste market.
Chapter 17 – MEA Products from Food Waste Market Analysis 2014 - 2018 & Forecast, 2019 - 2029
This chapter provides information about how the Products from Food Waste market will grow in the major countries in the MEA region, such as GCC Countries, South Africa, Israel, and the rest of MEA, during the forecast period 2019 - 2029.
Chapter 18 – Market Structure Analysis
In this chapter, readers can find detailed information about the tier analysis and market concentration of the key players in the Products from Food Waste market, along with their market presence analysis by region and product portfolio.
Chapter 19 – Competition Analysis
In this chapter, readers can find a comprehensive list of all the leading stakeholders in the Products from Food Waste market, along with detailed information about each company, which includes the company overview, revenue shares, strategic overview, and recent company developments. Some of the market players featured in the report are Bio-bean Limited, Circular Systems S.P.C., Fruitcycle, Misfit Juicery LLC, ReGrained, LLC, Rise Products, Inc, Rubies in the Rubble, Snact Ltd., Toast Ale Ltd., Aeropowder, Waste Not, and Jacob’s Juice, amongst others.
Chapter 20 – Assumptions and Acronyms
This chapter includes a list of acronyms and assumptions that provide a base to the information and statistics included in the products from food waste market report.
Chapter 21 – Research Methodology
This chapter helps readers understand the research methodology followed to obtain the various conclusions as well as important qualitative and quantitative information about the Products from Food Waste market.
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