Growing population across the globe has increased the pressure on the agriculture and government to provide adequate food for all. Moreover, depleting agricultural area and changing patterns of agricultural production are also raising concerns for adequate food supply. Therefore, in the response to these issues, specific efforts are being made on reducing food waste and various food waste management techniques are being used. Governments, private organizations, NGOs, and individuals are coming up with new and different ways of reducing food waste. High demand for organic waste, due to its growing use in producing animal feed and fertilizers along with its reducing effect on greenhouse are few other factors estimated to drive demand for the food waste management systems.
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According to the Transparency Market Research report on the global food waste management market, this market is expected to witness significant growth over the period of eight years from 2019 to 2027. This report elucidates on the key factors related to the market and its growth. Recent developments, revenue, new developments and initiatives, companies and government contributions, and ongoing trends related to the market are all discussed thoroughly.
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Global Food Waste Management Market: Notable Developments
Responsibility of providing food to each and every individuals lies in mainly in the hands of the government and various agricultural manufacturing companies. Both of them are making significant efforts to reduce food wastage and to make optimal use of food residue. In terms of government regulations, developed regions are imposing strict regulations as majority of food waste is generated from developed countries. Food waste is generated mostly from supply chain including, transportation, processors, logistics, distributors and retailers in these regions.
Explore Transparency Market Research’s award-winning coverage of the global (Food & Beverages) Industry: https://www.prnewswire.co.uk/news-releases/frozen-fish-amp-seafood-market-to-reach-valuation-of-us-70-bn-by-2030-growing-demand-for-healthy-foods-to-generate-novel-opportunities-tmr-817169168.html
Other top players in the food waste management market are also coming up innovative ways such as smart packaging that will help in reducing food packaging, enabling recycling of reduce, and similar other techniques. Some of the key players in the global food waste management market are Suez Environment, Veolia Environment, Republic Services, Inc., Waste Management, Inc., Stericycle, Inc., and Clean Harbors, Inc.
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