FOOD WASTE MANAGEMENT MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Regional Analysis

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North America has emerged as the dominant region in the global food waste management market. The region is expected to account for 34.4% of the market share in 2024. With a strong presence of major food waste management companies and rising awareness about environmental protection. The U.S. alone generates around one-third of the global food waste annually. Strict regulations around solid waste management and landfill diversion in the U.S. drive greater adoption of food waste recycling technologies. Countries like Canada and Mexico are also rapidly expanding their food waste collection and recycling infrastructure.

The Asia Pacific region is growing the fastest, fueled mainly by China and India. Both countries struggle with enormous quantities of food wastage across the agricultural, packaging, and distribution sectors due to lack of proper cold chain and storage facilities. However, the growing middle-class population, urbanization, and rising consumer spending on food are prompting governments to formulate policies around food wastage reduction. Several local startups are introducing innovative solutions for commercial and industrial food waste upcycling. Countries in Southeast Asia are also witnessing higher investments to modernize supply chains and minimize agricultural losses.