Market by Waste Type, Service, Source, and Country Outlook | Forecast 2023-2030
Triton Market Research’s report indicates that the food waste management market in North America will progress with a CAGR of 5.20% in the forecasted period 2023-2030.
The countries evaluated in
this region include:
• The United States
• Canada
The United States is estimated to exhibit the
fastest growth in the regional market over the forecasted period. The governments in the US and Canada have
implemented various programs to reduce and manage the growing food wastage
being generated. This is expected to positively influence the food waste
management market’s growth in North America.
According to estimates, nearly 30-40% of food is wasted in the United
States, costing a whopping $218 billion or 1.3% of the national GDP. Food
accounts for 24% of the solid waste dumped in landfills across the country,
which are the third-largest source of methane gas emissions. To address the
issue of growing food waste, the EPA, the FDA, and the USDA, announced a
federal interagency strategy in April 2019, as part of the Winning on Reducing
Food Waste Initiative. Such efforts are anticipated to propel the food waste
management market’s growth in the nation over the forecast period.
Nearly 2.3 million tons of edible food is wasted each year in Canada,
according to research by the National Zero Waste Council on household food
waste in the country. This incurs an additional cost of nearly $21 billion. In
addition to the financial losses, food waste has detrimental environmental
impacts, such as increased greenhouse gas emissions. Canadian authorities are
taking efforts to reduce these emissions, which is expected to benefit the
country’s food waste management market.
Primary food producers, which include farmers, fishermen, and ranchers,
significantly contribute to food waste. Some of the factors responsible for
waste generation in primary food production include climate-related losses,
pests & diseases, requirements to meet certain standards, and
overproduction due to uncertainty or market fluctuations.
Triton’s report assesses the market according to
source, waste type, and service. Here, the source segment comprises primary food producers, food
manufacturers, food distributors and suppliers, food service providers, and
municipalities and households.
The prime contenders in the food waste
management market include Suez, Republic Services Inc, Clean Harbors Inc,
Veolia, and Casella Waste Systems Inc.
Waste Connections Inc provides integrated solid waste services, which
also include food waste processing and composting services. The company serves
more than 8 million commercial, residential, and industrial end-users across 43
states in the US and 6 provinces in Canada. Founded in 1997, the company is
headquartered in Ontario, Canada. The company’s total revenue increased from
$6.151 million on December 31, 2021, to $7.212 million on December 31, 2022,
reporting an increase of $1.060 million (17.2%).
Key deliverables of the
report:
● Market CAGR during the forecasting years 2022-2028
● Detailed data highlighting key insights, industry components, and market strategies
● Comprehensive information and estimation of the food waste management market revenue growth in North America and its influence on the parent market
● In-depth study of forthcoming trends in consumer behavioral patterns
● A meticulous analysis of the competitive landscape, vendor scorecard, and Porter’s Five Forces
●
A wide-ranging study of factors that will challenge the North America
food waste management market’s growth during the upcoming years
Want to get specific insights? Our team of
analysts can customize this report based on your preferences. Connect with us here.
1. NORTH
AMERICA 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 MIDDLE EAST & AFRICA 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. NORTH
AMERICA 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. NORTH
AMERICA 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. NORTH
AMERICA 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. NORTH
AMERICA FOOD WASTE MANAGEMENT MARKET – COUNTRY OUTLOOK
6.1. NORTH
AMERICA
6.1.1. COUNTRY
ANALYSIS
6.1.1.1. UNITED
STATES
6.1.1.1.1. UNITED
STATES FOOD WASTE MANAGEMENT MARKET FORECAST & PROSPECTS
6.1.1.2. CANADA
6.1.1.2.1. CANADA
FOOD WASTE MANAGEMENT MARKET FORECAST & PROSPECTS
7. COMPETITIVE
LANDSCAPE
7.1. CASELLA
WASTE SYSTEMS INC
7.1.1. OVERVIEW
7.1.2. PORTFOLIO
7.1.3. KEY
STRENGTHS
7.1.4. KEY
CHALLENGES
7.2. CLEAN
HARBORS INC
7.2.1. OVERVIEW
7.2.2. PORTFOLIO
7.2.3. KEY
STRENGTHS
7.2.4. KEY
CHALLENGES
7.3. CLEANAWAY
WASTE MANAGEMENT LIMITED
7.3.1. OVERVIEW
7.3.2. PORTFOLIO
7.3.3. KEY
STRENGTHS
7.3.4. KEY
CHALLENGES
7.4. FCC
ENVIRONMENTAL SERVICES
7.4.1. OVERVIEW
7.4.2. PORTFOLIO
7.4.3. KEY
STRENGTHS
7.4.4. KEY
CHALLENGES
7.5. GFL
ENVIRONMENTAL INC
7.5.1. OVERVIEW
7.5.2. PORTFOLIO
7.5.3. KEY
STRENGTHS
7.5.4. KEY
CHALLENGES
7.6. REPUBLIC
SERVICES INC
7.6.1. OVERVIEW
7.6.2. PORTFOLIO
7.6.3. KEY
STRENGTHS
7.6.4. KEY
CHALLENGES
7.7. SUEZ
SA
7.7.1. OVERVIEW
7.7.2. PORTFOLIO
7.7.3. KEY
STRENGTHS
7.7.4. KEY
CHALLENGES
7.8. VEOLIA
7.8.1. OVERVIEW
7.8.2. PORTFOLIO
7.8.3. KEY
STRENGTHS
7.8.4. KEY
CHALLENGES
7.9. WASTE
CONNECTIONS INC
7.9.1. OVERVIEW
7.9.2. PORTFOLIO
7.9.3. KEY
STRENGTHS
7.9.4. KEY
CHALLENGES
7.10. WASTE
MANAGEMENT INC
7.10.1. OVERVIEW
7.10.2. PORTFOLIO
7.10.3. KEY
STRENGTHS
7.10.4. KEY
CHALLENGES
8. RESEARCH
METHODOLOGY & SCOPE
8.1. RESEARCH
SCOPE & DELIVERABLES
8.2. SOURCES
OF DATA
8.3. RESEARCH
METHODOLOGY
TABLE 1: NORTH AMERICA
FOOD WASTE MANAGEMENT MARKET, BY COUNTRY OUTLOOK, 2022-2030 (IN $ MILLION)
TABLE 2: LIST OF
MERGERS & ACQUISITIONS
TABLE 3: NORTH AMERICA
FOOD WASTE MANAGEMENT MARKET, BY WASTE TYPE, 2023-2030 (IN $ MILLION)
TABLE 4: NORTH AMERICA
FOOD WASTE MANAGEMENT MARKET, BY SOURCE, 2023-2030 (IN $ MILLION)
TABLE 5: NORTH AMERICA
FOOD WASTE MANAGEMENT MARKET, BY SERVICE, 2023-2030 (IN $ MILLION)
TABLE 6: NORTH AMERICA
FOOD WASTE MANAGEMENT MARKET, BY RECYCLING, 2023-2030 (IN $ MILLION)
TABLE 7: NORTH AMERICA
FOOD WASTE MANAGEMENT MARKET, BY COUNTRY OUTLOOK, 2022-2030 (IN $ MILLION)
FIGURE 1: MARKET
MATURITY ANALYSIS
FIGURE 2: INDUSTRY
COMPONENTS
FIGURE 3: FOOD RECOVERY
HIERARCHY
FIGURE 4: KEY BUYING
IMPACT ANALYSIS
FIGURE 5: NORTH AMERICA
FOOD WASTE MANAGEMENT MARKET, BY WASTE TYPE, 2022 & 2030 (IN %)
FIGURE 6: NORTH AMERICA
FOOD WASTE MANAGEMENT MARKET, BY CEREALS, 2023-2030 (IN $ MILLION)
FIGURE 7: NORTH AMERICA
FOOD WASTE MANAGEMENT MARKET, BY DAIRY & DAIRY PRODUCTS, 2023-2030 (IN $
MILLION)
FIGURE 8: NORTH AMERICA
FOOD WASTE MANAGEMENT MARKET, BY FRUITS & VEGETABLES, 2023-2030 (IN $
MILLION)
FIGURE 9: NORTH AMERICA
FOOD WASTE MANAGEMENT MARKET, BY MEAT, POULTRY & SEAFOOD, 2023-2030 (IN $
MILLION)
FIGURE 10: NORTH
AMERICA FOOD WASTE MANAGEMENT MARKET, BY PROCESSED FOOD, 2023-2030 (IN $
MILLION)
FIGURE 11: NORTH
AMERICA FOOD WASTE MANAGEMENT MARKET, BY OTHER WASTE TYPE, 2023-2030 (IN $
MILLION)
FIGURE 12: NORTH
AMERICA FOOD WASTE MANAGEMENT MARKET, BY SOURCE, 2022 & 2030 (IN %)
FIGURE 13: NORTH
AMERICA FOOD WASTE MANAGEMENT MARKET, BY MUNICIPALITIES AND HOUSEHOLDS,
2023-2030 (IN $ MILLION)
FIGURE 14: NORTH
AMERICA FOOD WASTE MANAGEMENT MARKET, BY FOOD SERVICE PROVIDERS, 2023-2030 (IN
$ MILLION)
FIGURE 15: NORTH
AMERICA FOOD WASTE MANAGEMENT MARKET, BY FOOD DISTRIBUTORS AND SUPPLIERS,
2023-2030 (IN $ MILLION)
FIGURE 16: NORTH
AMERICA FOOD WASTE MANAGEMENT MARKET, BY PRIMARY FOOD PRODUCERS, 2023-2030 (IN
$ MILLION)
FIGURE 17: NORTH
AMERICA FOOD WASTE MANAGEMENT MARKET, BY FOOD MANUFACTURERS, 2023-2030 (IN $
MILLION)
FIGURE 18: NORTH
AMERICA FOOD WASTE MANAGEMENT MARKET, BY SERVICE, 2022 & 2030 (IN %)
FIGURE 19: NORTH
AMERICA FOOD WASTE MANAGEMENT MARKET, BY COLLECTION, 2023-2030 (IN $ MILLION)
FIGURE 20: NORTH
AMERICA FOOD WASTE MANAGEMENT MARKET, BY DISPOSAL, 2023-2030 (IN $ MILLION)
FIGURE 21: NORTH AMERICA
FOOD WASTE MANAGEMENT MARKET, BY RECYCLING, 2023-2030 (IN $ MILLION)
FIGURE 22: NORTH
AMERICA FOOD WASTE MANAGEMENT MARKET, BY RECYCLING, 2022 & 2030 (IN %)
FIGURE 23: NORTH
AMERICA FOOD WASTE MANAGEMENT MARKET, BY ANIMAL FEED, 2023-2030 (IN $ MILLION)
FIGURE 24: NORTH
AMERICA FOOD WASTE MANAGEMENT MARKET, BY BIOFUEL, 2023-2030 (IN $ MILLION)
FIGURE 25: NORTH
AMERICA FOOD WASTE MANAGEMENT MARKET, BY FERTILIZERS, 2023-2030 (IN $ MILLION)
FIGURE 26: NORTH
AMERICA FOOD WASTE MANAGEMENT MARKET, BY POWER GENERATION, 2023-2030 (IN $
MILLION)
FIGURE 27: NORTH
AMERICA FOOD WASTE MANAGEMENT MARKET, COUNTRY OUTLOOK, 2022 & 2030 (IN %)
FIGURE 28: UNITED
STATES FOOD WASTE MANAGEMENT MARKET 2023-2030 (IN $ MILLION)
FIGURE 29: CANADA FOOD
WASTE MANAGEMENT MARKET 2023-2030 (IN $ MILLION)