The global Food Waste to Energy Market size was valued at USD 32.15 billion in 2021 and is projected to grow from USD 33.28 billion in 2022 to USD 44.62 billion by 2029, exhibiting a CAGR of 4.3% during the forecast period.
Throughout the course of the projection period, it is anticipated that favourable regulatory policies encouraging effective waste disposal, energy generation, and rising energy demands from the end-use sector would play a significant role in driving market expansion. Given the fast depletion of conventional energy sources, governments are concentrating on commercialising alternative energy sources including Waste to Energy (WTE) technologies. Additionally, it is anticipated that the implementation of environmental rules pertaining to the reduction of carbon emissions from the use of fossil fuels will further spur business expansion.
For More insights, download a sample report: https://analyticsmarketresearch.com/sample-request/food-waste-to-energy-market/8117/
Due to increasing home and industrial trash, which has prompted the local government to push waste-to-energy production, the U.S. WTE industry is predicted to experience significant expansion. In addition, the deployment of WTE plants in the nation is strengthened by the existence of significant market participants like Covanta Holding Corporation and Babcock & Wilcox Enterprises, Inc.
According to the US Environmental Protection Agency, for every tonne of solid waste processed in waste-to-energy facilities, greenhouse gas emissions are reduced by one tonne. For instance, the U.S.-based Covanta Holding Corporation turns about 21.0 million tonnes of trash into useful energy and recycles 500 kilotons of metal at its waste-to-energy facilities.
Due to a number of variables, such as the recovery of metals for recycling, the offset of carbon dioxide from fossil fuel power generation, and the avoidance of methane from landfills, waste to energy plants reduce a considerable amount of harmful emissions. Furthermore, it is anticipated that the rise of waste to energy technology as a dependable waste management solution will be further aided by limited space and growing landfilling costs.
During the course of the projected period, market growth is anticipated to be supported by technological developments in energy recovery that will increase the output effectiveness of waste to energy facilities. For instance, the French corporation Suez created the CHP+® technology to enable the recovery of residual heat produced by waste combustion while simultaneously producing captive energy for use in local operations.
Market Segmentation
Global Food Waste to Energy Market: Major Players
DKSH Group
Quantum Biopower
Biogen
Impact Bioenergy
VAN DYK Recycling Solutions
H2Flow Equipment Inc
Tidy Planet Limited
Fluence Corporation
Ecoson
TOMRA Sorting GmbH
GWE Biogas
JBI Water & Wastewater
Jonassen Industrial Projects Limited (JIPL)
Clarke Energy
A.C. Shropshire Ltd.
Motecha, UAB
Global Food Waste to Energy Market: Types
Grain Products Type
Fruits Type
Dairy Products Type
Meat, Poultry and Fish Type
Eggs Type
Others
Global Food Waste to Energy Market: Applications
Homes
Supermarkets
Restaurants
Government
Others
Global Food Waste to Energy Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Food Waste to Energy market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
Access the Complete Report at: https://analyticsmarketresearch.com/reports/food-waste-to-energy-market/8117/
Key Points:
Define, describe and forecast Food Waste to Energy product market by type, application, end user and region.
Provide enterprise external environment analysis and PEST analysis.
Provide strategies for company to deal with the impact of COVID-19.
Provide market dynamic analysis, including market driving factors, market development constraints.
Provide market entry strategy analysis for new players or players who are ready to enter the market, including market segment definition, client analysis, distribution model, product messaging and positioning, and price strategy analysis.
Keep up with international market trends and provide analysis of the impact of the COVID-19 epidemic on major regions of the world.
Analyze the market opportunities of stakeholders and provide market leaders with details of the competitive landscape.
