Food Recycler Market

WILMINGTON, NEW CASTLE, DELAWARE, UNITED STATES, December 4, 2023 /EINPresswire.com/ -- According to a new report published by Allied Market Research, titled, “Food Recycler Market," The food recycler market was valued at $26.3 billion in 2021, and is estimated to reach $48.8 billion by 2031, growing at a CAGR of 6.4% from 2022 to 2031.𝗕𝘆 𝗿𝗲𝗴𝗶𝗼𝗻, 𝗡𝗼𝗿𝘁𝗵 𝗔𝗺𝗲𝗿𝗶𝗰𝗮 𝗼𝗰𝗰𝘂𝗽𝗶𝗲𝗱 𝘁𝗵𝗲 𝗺𝗮𝘅𝗶𝗺𝘂𝗺 𝘀𝗵𝗮𝗿𝗲 𝗼𝗳 𝘁𝗵𝗲 𝗺𝗮𝗿𝗸𝗲𝘁 𝗶𝗻 𝟮𝟬𝟮𝟭 𝗮𝗻𝗱 𝗶𝘀 𝗲𝘅𝗽𝗲𝗰𝘁𝗲𝗱 𝘁𝗼 𝗯𝗲 𝘁𝗵𝗲 𝗱𝗼𝗺𝗶𝗻𝗮𝘁𝗶𝗻𝗴 𝘀𝗲𝗴𝗺𝗲𝗻𝘁 𝗱𝘂𝗿𝗶𝗻𝗴 𝘁𝗵𝗲 𝗳𝗼𝗼𝗱 𝗿𝗲𝗰𝘆𝗰𝗹𝗲𝗿 𝗺𝗮𝗿𝗸𝗲𝘁 𝗳𝗼𝗿𝗲𝗰𝗮𝘀𝘁 𝗽𝗲𝗿𝗶𝗼𝗱.

𝘿𝙤𝙣’𝙩 𝙈𝙞𝙨𝙨 𝙤𝙪𝙩 𝙤𝙣 𝙮𝙤𝙪𝙧 𝙎𝙖𝙢𝙥𝙡𝙚 𝘾𝙤𝙥𝙮 : https://www.alliedmarketresearch.com/request-sample/7171

A food recycler is a machine that is used in both commercial and household to recycle waste food into fertilizer or manure. Food wastage has emerged as a big challenge in all the countries around the globe. This has created a huge opportunity for food recyclers which can help overcome this situation. Recycling organic waste has emerged as a challenge in several economies which drives the demand for the food recycler industry in those economies.

The rapid increase of urbanization and government initiatives like smart city, go green, etc. will propel the growth of the food recycler market size. According to United Nations Conference on Trade and Development in 2010, 51.6% lived in urban areas. By 2020, the share of the urban population increased to 56.2%. It is generally higher in the developed (79.2% in 2020) than in the developing world (51.6%). According to an article by the World Resource Institute, food waste already comprises 50 to 70 percent of municipal solid waste in several Chinese cities, including Beijing and Shanghai. Along with this with a rise in urbanization, the number of people who are opting for proper waste management and are concerned regarding the environment will rise owing to this the food recycler market size will increase at a significant rate.

Enquire About Report : https://www.alliedmarketresearch.com/purchase-enquiry/7171

With the removal of restrictions and everything getting normal, the food recycler market is recovering at a significant rate. The market is recovering since after the removal of restrictions commercial sector is coming back to normal with the opening of HoReCa and other commercial organizations like schools, colleges, and others which boosts the demand for the market along with this after the pandemic opening of new restaurants, hotels and others are back at the normal track. All such factors are expected to help the market to bounce back after the pandemic.

Technological advancements coupled with rising initiatives regarding food wastage management will create the food recycler market opportunity to grow since food wastage is reaching alarming heights and has become a global issue. According to the United Nations Environment Programme in the U.S. alone, an estimated 133 billion pounds of edible food (worth over $161 billion) goes to waste every year. Food waste also contributes to the largest volume of material in U.S. landfills accounting for 21% of the waste stream. Food waste costs Canadians $31 billion annually or about 2% of the country’s GDP.

According to the U.S. Department of Agriculture in the United States, food waste is estimated at between 30-40 percent of the food supply. It has emerged as a challenge for the government to overcome all such wastage, for example in 2015, the USDA joined with the U.S. Environmental Protection Agency to set a goal to cut our nation’s food waste by 50 percent by the year 2030. Such a huge amount of food wastage coupled with the initiative by the governments is expected to present an opportunity for food recycler market growth.

Talk to Our Analyst : https://www.alliedmarketresearch.com/connect-to-analyst/7171

The global food recycler market analysis is segmented based on capacity, end users, distribution channel, and region. Based on capacity, the market is categorized into 0-50 Kg/day, 50-100 Kg/day, 101-300 Kg/day, 301-500 Kg/day, 501-1000 Kg/day, and above 1000 Kg/day. On the basis of end users, the market is segmented into commercial and household. The commercial segment is further bifurcated into hotels, restaurants, food processing centers, composting sites, and schools/ universities. Based on the distribution channel the market is segmented into OEM, distributors, retailers, and e-commerce.

Make a Direct Purchase and Get Discount : https://www.alliedmarketresearch.com/checkout-final/d1f224bd9241eb490038c244b18a1fab

Key Findings of the Study:-

>By capacity, the 0-50 kg/day segment accounted for the highest market share in 2021, growing at a CAGR of 6.7% from 2022 to 2031.
>By end-user, the commercial segment accounted for the highest food recycler market share in 2021, growing at a CAGR of 6.3% from 2022 to 2031.
>By commercial, the restaurant sub-segment accounted for the highest market share in 2021, growing at a CAGR of 7.0% from 2022 to 2031.
>By distribution channel, the OEM segment accounted for the highest food recycler market share in 2021, growing at a CAGR of 5.8 % from 2022 to 2031.

𝗕𝗿𝗼𝘄𝘀𝗲 𝗥𝗲𝗹𝗮𝘁𝗲𝗱 𝗖𝗮𝘁𝗲𝗴𝗼𝗿𝘆 𝗥𝗲𝗽𝗼𝗿𝘁𝘀:

𝗚𝗹𝗼𝗯𝗮𝗹 𝗙𝗿𝗼𝘇𝗲𝗻 𝗙𝗼𝗼𝗱 𝗣𝗮𝗰𝗸𝗮𝗴𝗶𝗻𝗴 𝗠𝗮𝗿𝗸𝗲𝘁 𝘁𝗼 𝗚𝗲𝗻𝗲𝗿𝗮𝘁𝗲 $𝟲𝟯.𝟵𝟴 𝗕𝗶𝗹𝗹𝗶𝗼𝗻 𝗯𝘆 𝟮𝟬𝟯𝟭: 𝗔𝗹𝗹𝗶𝗲𝗱 𝗠𝗮𝗿𝗸𝗲𝘁 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵
https://www.globenewswire.com/en/news-release/2022/06/13/2461214/0/en/Global-Frozen-Food-Packaging-Market-to-Generate-63-98-Billion-by-2031-Allied-Market-Research.html

𝗡𝘂𝘁𝗿𝗶𝘁𝗶𝗼𝗻𝗮𝗹 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀 𝗠𝗮𝗿𝗸𝗲𝘁 𝘁𝗼 𝗥𝗲𝗮𝗰𝗵 $𝟴.𝟮 𝗕𝗶𝗹𝗹𝗶𝗼𝗻 𝗯𝘆 𝟮𝟬𝟯𝟭 𝗮𝘁 𝟱.𝟱% 𝗖𝗔𝗚𝗥: 𝗔𝗹𝗹𝗶𝗲𝗱 𝗠𝗮𝗿𝗸𝗲𝘁 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵
https://www.globenewswire.com/en/news-release/2023/04/17/2648129/0/en/Nutritional-Analysis-Market-to-Reach-8-2-Billion-by-2031-at-5-5-CAGR-Allied-Market-Research.html

David Correa
Allied Analytics LLP
+ +1 800-792-5285
email us here
Visit us on social media:
Facebook
Twitter
LinkedIn

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.