{"id":541205,"date":"2021-04-29T18:42:02","date_gmt":"2021-04-29T18:42:02","guid":{"rendered":"https:\/\/www.abnewswire.com\/pressreleases\/?p=541205"},"modified":"2021-04-29T18:42:02","modified_gmt":"2021-04-29T18:42:02","slug":"food-waste-management-market-size-is-projected-to-attain-usd-521956-million-by-2026-says-reports-and-data","status":"publish","type":"post","link":"https:\/\/www.abnewswire.com\/pressreleases\/food-waste-management-market-size-is-projected-to-attain-usd-521956-million-by-2026-says-reports-and-data_541205.html","title":{"rendered":"Food Waste Management Market Size is Projected to Attain USD 52195.6 Million By 2026 Says Reports And Data"},"content":{"rendered":"
\"Food<\/a><\/p>\n
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Reports And Data<\/div>\n<\/div>\n<\/div>\n
Increasing wastage concerns around the globe, increasing consumption of processed products, and rising use of organic wastes for animal feed and fertilizer production are key factors contributing to the high CAGR of this industry during the forecast period. Food Waste Management Market Size \u2013 USD 34145.7 Million in 2018, Market Growth – CAGR of 5.4 %, Market Trends\u2013 Rising renewable energy demand, and need for reducing green-house gas emission\n<\/div>\n

According to the current analysis of Reports and Data, the global Food Waste Management market<\/a> was valued at USD 34145.7 Million in 2018 and is expected to reach USD 52195.6 Million by the year 2026, at a CAGR of 5.4%. Accumulation of food wastage is becoming a critical problem worldwide. Increasing wastes is posing various threats like environmental pollution, scarcity of dumping land, and health risks to individuals. Moreover, such wastes are increasingly contributing to carbon footprint and greenhouse emissions. According to the Food and Agriculture Organization (FAO) of the United Nations, around 1.3 billion tons of food, which account for one-third of the world’s food, is either lost or wasted.<\/p>\n

Impacts of such  wastes include GHG emission and climate change, water footprint, nutrient loss, sanitation, ecological impacts, and economic impacts. Greenhouse gases like CO2, methane and nitrous oxide are emitted at various stages of its life cycle including processing, refrigerating, transporting, and disposing of wastes in landfills or dumpsites   <\/p>\n

In low-income countries, almost 50% of the total wastes are left uncollected, and around 60% of it consists of food and organic material. The main drivers of Food Waste Management include services, manufacturing, wholesale and retail, and households. Prevention of wastage, redistribution to people, sending to animal feed, recycling by composting, incineration with energy recovery, and proper disposal are the critical steps in the Food waste management market.<\/p>\n

Get a sample of the report @ <\/strong>https:\/\/www.reportsanddata.com\/sample-enquiry-form\/1923<\/a><\/p>\n

Rising disposable income and improving the standard of living are likely to imply more consumption of products which will lead to the generation of more wastage in the upcoming years. Moreover, wastage is on the rise from developing economies which lack adequate cold storage infrastructure, warehousing and transportation facilities, etc.<\/p>\n

 Further key findings from the report suggest<\/span><\/strong><\/p>\n