A recently published report titled, “Food Waste Recycling Machine Market: Opportunity Analysis and Future Assessment 2022-2030” offers a thorough and profound assessment on the market stature along with the top leading facts and figures, definition, overview, expert opinions, SWOT analysis, as well as the recent developments of the market all around the world. The market report also computes the market size, market sales, revenue, price, market share and gross margin and market forecast, growth rate and cost structure. The report estimates the revenue created from the sales and technologies by various application segments.
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%.
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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.
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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.
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