As per the analysis by Triton Market Research, Europe’s food waste management market is likely to develop at a CAGR of 5.44% in the forecast years from 2023 to 2030. France, the United Kingdom, Spain, the Netherlands, Germany, Italy, and Rest of Europe are analyzed in this region’s market.
In Germany, over 11 million tons of food waste is generated each year. According to the BMEL’s scientific advisory boards on food, agricultural, & forest policies, a reduction of food waste in private households by 50% might cut greenhouse gas emissions in the country by 6 million tons of CO2 equivalents.
According to the data from EU reports for 2020, which the Federal Statistical Office compiled in 2022 on behalf of the Federal Ministry for the Environment (BMUV), the processing sector accounts for 15% of Germany’s yearly 11 million tons of food waste.
According to the Minister of Agriculture of Spain, 1.363 billion kgs of food were wasted in 2020. To put this in context, each individual in the country wastes 31 kgs of food per year, resulting in a €250 loss per person. To address these concerns, the Council of Ministers passed a draft law against food waste with the goal of reducing unconsumed items that are wasted along the food chain, from harvest to home, and imposing fines of up to €500,000 in case of non-compliance. Such laws are likely to help the businesses operating in the food waste management market in the country flourish.
COMPETITIVE OUTLOOK
The well-known players thriving in the food waste management market include Republic Services Inc, Waste Management Inc, Suez SA, Casella Waste Systems Inc, and Waste Connections Inc.
1. Europe Food Waste Management Market – Summary
2. Industry Outlook
2.1. Parent Market Analysis
2.2. Impact Analysis On The Food Waste Management Market
2.2.1. Covid-19 Impact
2.3. Porter’s Five Forces Analysis
2.3.1. Threat Of New Entrants
2.3.2. Threat Of Substitutes
2.3.3. Bargaining Power Of Buyers
2.3.4. Bargaining Power Of Suppliers
2.3.5. Threat Of Competitive Rivalry
2.4. Market Maturity Analysis
2.5. Industry Components
2.5.1. Food Waste Producers
2.5.2. Food Waste Collectors
2.5.3. Food Waste Recyclers
2.5.4. End-users
2.6. Food Recovery Hierarchy
2.7. Key Buying Impact Analysis
2.7.1. Cost-effective Solutions
2.7.2. Impact On Environment
2.7.3. Regulatory Compliance
2.8. Key Market Strategies
2.8.1. Mergers & Acquisitions
2.9. Market Drivers
2.9.1. Increasing Levels Of Europe Food Waste
2.9.2. Growing Emphasis To Limit Greenhouse Gas Emissions
2.9.3. Increasing Use Of Organic Waste In The Production Of Livestock Feed And Fertilizers
2.10. Market Challenge
2.10.1. Inefficient Food Waste Collection And Negative Environmental Impacts Of Waste Processing Methods
2.11. Market Opportunities
2.11.1. Expanding Population
2.11.2. Advancements In Technology For Effective Waste Management
2.12. Analyst Perspective
3. Europe Food Waste Management Market – By Waste Type
3.1. Cereals
3.2. Dairy & Dairy Products
3.3. Fruits & Vegetables
3.4. Meat, Poultry & Seafood
3.5. Processed Food
3.6. Other Waste Types
4. Europe Food Waste Management Market – By Source
4.1. Municipalities And Households
4.2. Food Service Providers
4.3. Food Distributors And Suppliers
4.4. Primary Food Producers
4.5. Food Manufacturers
5. Europe Food Waste Management Market – By Service
5.1. Collection
5.2. Disposal
5.3. Recycling
5.3.1. Animal Feed
5.3.2. Biofuels
5.3.3. Fertilizers
5.3.4. Power Generation
6. Europe Food Waste Management Market – Country Outlook
6.1. Europe
6.1.1. Country Analysis
6.1.1.1. United Kingdom
6.1.1.1.1. United Kingdom Food Waste Management Market Forecast & Prospects