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(IT-NEWSWIRE.COM, January 10, 2019 ) Furthermore, according to government data, food waste accounted for a significant share in terms of all municipal solid waste in the recent years. Moreover, reducing food waste can also create a significant impact on tackling climate change. An astonishing level of global greenhouse gas emission is generated due to food waste. Over the last decade, various federal governments have taken several initiatives to recover more food and alter it into valuable products using food recycling machines. Adoption of food recycling machines helps reduce the bad odor associated with food waste, minimize disposal costs and curb CO2 emissions. Consequently, this study gages the trends and factors impacting the Global Food Recycling Machines Market.
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Food waste can be defined as any food substance, in a raw or cooked state, discarded for further use. Reducing the production level of food waste is a growing concern across the globe. Subsequently, these concerns proliferate the need for food recycling machines. Typically, food recycling machines work on a special automatic control system that decomposes food waste by utilizing high temperatures in addition to microorganisms that facilitate the decomposition of food waste through a recycling process. Food recycling machines reduce the weight and volume of food waste and scraps by 80 to 90 percent to try and make the final product fit for use as an organic fertilizer or manure, which can be used to improve soil fertility and support growth of vegetation.
Global Food Recycling Machines Market: Dynamics
One of the cited factors impeding the food recycling machines market is overcoming the consensus that segregating food waste is extra work and nuisance. Through technical assistance and outreach, utilization of food recycling machines can be increased across the world. Moreover, municipalities are taking steps to launch new technologies and services pertaining to food waste collection and recycling. Further, the launch of legislations and regulations around food waste is set to augment the sales of food recycling machines in the coming period. One of the foremost setbacks associated with the food recycling machines market includes a low rate of adoption for this particular food recycling machine technology.
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The complexity of food production and consumption, lack of consumer awareness and a lack of robust infrastructure are among the key barriers to effective food waste management and thus, affect the global food recycling machines market.
Food waste generation differs across the globe. North America and Europe are at the forefront in terms of per capita food waste generation and the Middle East & Africa wastes the least amount of food. It is important to note that a substantial amount of food is wasted at retail & consumer levels in industrialized countries such as Germany, the U.S. and Japan. Subsequently, these countries are observed to have a relatively higher number of food recycling machines. In terms of technological advancements in food recycling machines, Europe and North America possess highly advanced products including automation. Emerging cities with fast-growing middle-class populations can be encouraged to reduce waste by showing them the importance and advantages of food recycling machines.
Global Food Recycling Machines Market: Key Participants
Examples of some of the market participants across the value chain of the global food recycling machines market include Oklin International Ltd., Hungry Giant Recycling Inc.,CP Manufacturing, Inc., Ridan Food Waste Composters, Meiko, Kompakt, Whirlpool Corporation (Zera), Nanjgel Enterprise, Ecovim, BioHiTech Global Company
The research report presents a comprehensive assessment of the food recycling machines market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as those on the basis of geographies, applications and industries.
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About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
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