Food Waste Management Market 2030: The Rise of Composting and Recycling
Food Waste Management Market Growth & Trends The global food waste management market size is anticipated to reach USD 106.7 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.4% from 2023 to 2030. Rising concerns over food waste globally, and increasing consumer preference for exotic food items, are expected to drive the market growth during the forecast period. The consumption of ready-to-eat and packaged foods is also predicted to increase as a result of changing lifestyles and an increase in the number of dual-earner families. Growing consumer demand for unusual food items like premium coffee, tropical fruits, and imported goods is anticipated to increase the amount of food that is wasted, which in turn is likely to drive market expansion. Gather more insights about the market drivers, restrains and growth of the Food Waste Management Market The food industry is undergoing trem...