Food Waste Recycling Machine Market

Food Waste Recycling Machine Market Overview

The report is titled as ‘Food Waste Recycling Machine Market: Opportunity Analysis and Future Assessment 2022-2030’. An overview of conceptual frameworks, analytical approaches of the Food Waste Recycling Machine market is the main objective of the report, which further consists the market opportunity and insights of the data involved in the making of the respective market. Food Waste Recycling Machine market is expected to grow with significant rate in the near future.

The food waste recycling machine market is estimated to reach at a value of US$ 2.6 Bn by the end of 2022 and expected to reach at a value of US$ 4.4 Bn by 2030 with a significant CAGR of 6.50%.

Food Waste Recycling Machine Introduction

Food waste is basically food substances, either in a raw or cooked form, rejected for further use. As per the studies, mitigating the production level of food waste is a developing concern all around the world. As a result, these growing concerns further stimulate the demand for food waste recycling machines across the global markets. Basically, a food recycling machine operates on an exclusive automated control system that decays food waste by using high temperatures along with the microorganisms that expedite the breakdown of food waste by means of a recycling process.

Food recycling machines lessen the volume and weight of food waste and scraps by 80 to 90 percent to make an effort and make the final product appropriate for use as an manure or organic fertilizer, which can be utilized to enhance the soil fertility and sustain the growth of vegetation. The soaring environmental concerns among the population as well as among the governments and regulatory bodies is primarily driving the demand of food waste recycling machines across the world, considering the fact that mitigating food waste from all around the world can also make a substantial impact on addressing climate change. Owing to which, the global food waste recycling machine market is projected to achieve significant growth in the coming years.

Food Waste Recycling Machine Market Segmentation

The global food waste recycling machine market is segmented on the basis of capacity, application, power rating, technology, sales channel, end user, and region.

By Capacity

0-50 Kg/Day

50-100 Kg/Day

101-300 Kg/Day

301-500 Kg/Day

501-1,000 Kg/Day

Above 1,000 Kg/Day

By Power Rating

Up to 250W

250W to 1000W

More than 1000W

By Technology

Fully Automatic

Semi-Automatic

By Sales Channel

Online Sales Channel

Offline Sales Channel

By End-User

Restaurant

Hotels

School/ Universities

Food Processing Centers

Hospitals

Supermarkets

Shopping Centers

Composite Sites

Others

By Region

North America

Latin America

Europe

Asia Pacific

Middle East

Africa

Food Waste Recycling Machine Market Key Players

Some of the key participating players in global food waste recycling machine market are:

BioHiTech Global

Emerson Electric Co.

KCS Engineering

Oklin International

Enic Co Limited

Whirlpool Corporation (Zera)

Meiko

Kompakt

Smart Cara

Food Cycler

Hungry Giant Recycling

Wastefox

Joseph Joseph

Ecovim

Bhor Engineering Company Limited

Weimar Biotech

IMC WasteStation

Ridan Composting Ltd.

Factors that are benchmarked while estimating the market

Various factors that are benchmarked while estimating the market growth includes (but not restricted to):

New product designs and launches

Current product compliance

Reimbursement

Concerns for use of Food Waste Recycling Machine

Advantages of Food Waste Recycling Machine

Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to take informed decision.

A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment like wherein one/two manufacturer(s) dominates the market, it’s product sales, previous growth rates and market expansion plans are considered to generate market share in the market.