Food Waste Recycling Machine Market Share to Top USD 5.2 Billion by 2032; Restaurants and Hotels Accounts for 32.4% Share

PRESS RELEASE
Published April 22, 2023

The market for food waste recycling equipment is anticipated to grow at a CAGR of 6.6% from 2022 to 2032, reaching USD 5.2 billion. In 2022, the market is anticipated to grow to USD 2.7 billion.

Less than 1% of the world market for waste management will be made up by the market for food waste recycling equipment in 2022. The market for food waste recycling equipment is expected to present an absolute monetary opportunity of USD 2.5 billion from 2022 to 2032.

Concerns about food going to landfills have spread across the globe tremendously. Manufacturers have developed technology that may be used in both domestic and commercial settings to recycle food waste.

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Which end-user segment holds major market share in Food Waste Recycling Machine Market in coming years?

At the moment, restaurants and hotels, which make up 32.4% of the market, are in charge. There are several opportunities for the manufacturers of food waste recycling equipment due to the trend in waste management that is shifting food waste from landfills to energy plants.

Sales of these appliances are centred in the restaurant industry as more chains of restaurants adopt the idea of installing food waste recycling equipment. As a result, more hotels and restaurants are utilising equipment for recycling food. Thus, between 2022 and 2032, the segment is expected to grow at a CAGR of 4.2%.

Key Players

  • BioHiTech Global
  • Emerson Electric Co.
  • KCS Engineering
  • Oklin International
  • Enic Co. Limited
  • Hungry Giant Recycling
  • Bhor Engineering Company
  • Weimar Biotech
  • IMC WasteStation
  • Ridan Composting Ltd.

This global Food Waste Recycling Machine industry research analysis includes industry share, size, consumption, cost, revenue, CAGR, production, gross margin, and market influencing factors. This research is a complete numerical examination of a firm that provides data for generating market growth and success strategies.

The study provides industry size, revenue, gross margin, price, and market share estimations, as well as cost structure and decision-making growth rates. It offers a comprehensive analysis of the market, covering data on several factors such as drivers, constraints, opportunities, and threats. This data can assist stakeholders in making informed decisions prior to investing.

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This study provides in-depth market knowledge and industry-leading profiles for the market for food waste recycling machines. It includes information that has been confirmed via the use of a few different research techniques and primary or secondary sources. SWOT, PESTEL, primary and secondary research techniques, as well as various analytic procedures, are used to develop the consumer study.

These elements include drivers, share, size, market revenues, potential and problems, significant players, dominating nations, changing Food Waste Recycling Machine market dynamics, economic instability, and other competitive features.

The thesis covers a wide range of topics, including significant product offers, industry history, critical statistics, risk analysis, marketing and sales strategies, product growth, current developments and new product releases, innovation and progress, and various Food Waste Recycling Machine business practises.

Global Food Waste Recycling Machine Market by Category

  • 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 Sales Channel :
    • Online Sales Channel
    • Offline Sales Channel
  • By End-User :
    • Food Processing Centre’s
    • Restaurants & Hotels
    • Schools & Universities
    • Composting Sites
    • Others
  • By Region :
    • North America
    • Latin America
    • Europe
    • East Asia
    • South Asia
    • Oceania
    • MEA

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Key Points Covered in the Food Waste Recycling Machine Report:

• The Food Waste Recycling Machine market study often examines important trends, risks and incentives, components, industry conditions, and difficulties in the global market.
• The report employed a variety of data and graphs to present a more complete picture of the Food Waste Recycling Machine market.
• The global analysis contained a preliminary assessment of the industry’s size as well as a full review of the sector.
• This research gives a fast snapshot of the current situation of worldwide regions. The Food Waste Recycling Machine report includes top sellers, unions, stores, malls, and enterprises.
• The report also contains comprehensive insights into the market segmentation.

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