Demand for products from food waste in Japan is expected to expand at a CAGR of 8.1% through 2033. A valuation of USD 1,448.11 million is anticipated for the industry in Japan in 2023. Looking ahead, the industry in Japan is projected to generate USD 3,161.30 million in revenue from products from food waste by 2033.
As governments worldwide are implementing policies and regulations aimed at reducing food waste, companies specializing in waste tracking are poised to discover exciting opportunities. By finding innovative uses for by-products and food waste, these companies contribute to waste reduction and unlock new revenue streams, fostering the principles of circular economies.
Key Insights of Factors Boosting Sales of Products from Food Waste in Japan
| Attributes | Details |
|---|---|
| Industry Size of Products from Food Waste in Japan in 2023 | USD 1,448.11 million |
| Expected Industry Size of Products from Food Waste in Japan by 2033 | USD 3,161.30 million |
| Forecasted CAGR for between 2023 to 2033 | 8.1% |
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Clothing and accessories made from recycled materials, such as fruit peels and agricultural waste, are experiencing an increase in sales in Kanto. Clothing and textiles derived from food waste are becoming more popular in this city, indicating potential growth for sustainable and eco-friendly fashion industries.
The livestock sector holds great importance in the Kanto region. Animal feed are nowadays also produced from food waste to nourish livestock or pets. There is likely to be a growing demand for cost-effective and eco-friendly feed options for agriculture and pets in Kanto.
With sustainability and waste reduction becoming higher priorities for individuals, businesses, and local governments in Kanto, the demand for food waste products is anticipated to continue to rise. Through creative solutions formulated by local innovators and entrepreneurs, food waste is being repurposed into valuable products here.
Compost made from kitchen scraps and food leftovers is among the eco-fertilizers used by Tohoku's agricultural sector. In addition to reducing the reliance on chemical fertilizers, organic fertilizers enhance crop yields and promote soil health. Restaurants and supermarkets in Tohoku have developed apps that connect them with customers seeking deals on surplus and leftover food. Through using these apps, consumers can save money on meals while reducing food waste.
Companies in Tohoku are developing biodegradable packaging derived from fruit and vegetable byproducts. By promoting eco-friendly shopping practices and reducing plastic waste, these options help reduce plastic waste. Businesses in Tohoku are upcycling foods like drinks and snacks with leftover ingredients like fruit peels and vegetable tops. Traditional snacks and drinks can be replaced with these tasty and sustainable alternatives.
Redistributing edible food to those in need is an alternative to rescuing edible food from waste. Various food rescue programs have been established in Chubu to ensure surplus food is donated to local charities and food banks through partnerships with supermarkets, restaurants, and other food establishments. Researchers are currently investigating the potential of using food waste for biochemical and pharmaceutical extraction. Additionally, soap and cosmetics can be produced from food waste, such as used cooking oil. Small businesses in Chubu have the opportunity to explore the production of eco-friendly products.
Various factors influence the demand for citrus products in the food waste industry. There has been a growing concern about reducing food waste and promoting sustainability, with citrus fruits being one of the commonly wasted materials. A 6% revenue share is expected for citrus sources in 2023.
Environmentally friendly and sustainable products have gained popularity among consumers. As a result, products related to food waste, including citrus byproducts, are likely to see an increase in demand. Innovative solutions are being developed to commercialize food waste effectively. Citrus byproducts are often used in the production of fruit juices, marmalades, and sauces.
The demand for these products can impact the availability of citrus byproducts. Several sustainable packaging solutions are based on citrus-based materials, such as compostable and biodegradable citrus-based packaging. Environmentally friendly packaging is regarded part of a broader trend.
| Japan Products from Food Waste Industry Based on Source | Citrus Fruits |
|---|---|
| Industry Share in 2023 | 6% |
Using food waste as a source of products is an innovative and growing industry that addresses economic and environmental concerns. Food waste is reduced through this initiative, and value-added products are created.
In 2023, it is expected to attain an industry share of 25%. New products created from food waste have the potential to reduce food waste's environmental impact while also creating economic value.
Entrepreneurs in this industry often strive to meet consumer demands for eco-friendly and healthy food options, all while adopting more sustainable and environmentally friendly practices. Grants, incentives, and regulations are also helping governments and organizations conserve food and reduce food waste.
| Japan Products from Food Waste Industry Based on End User | Food Processing |
|---|---|
| Industry Share in 2023 | 25% |
Several companies of different sizes manufacture products from food waste. Collaborations, acquisitions, mergers, and partnerships are strategies leading players employ to expand their customer base. Various government initiatives are helping the growth of new businesses.
Recent Developments Observed in Products from Food Waste in Japan
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| Attributes | Details |
|---|---|
| Estimated Industry Size in 2023 | USD 1,448.11 million |
| Projected Industry Valuation by 2033 | USD 3,161.30 million |
| Value-based CAGR 2023 to 2033 | 8.1% |
| Historical Analysis of the Products from food waste in Japan | 2018 to 2022 |
| Demand Forecast for Products from food waste in Japan | 2023 to 2033 |
| Report Coverage | Industry Size, Industry Trends, Analysis of Key Factors Influencing Products from food waste in Japan, Insights on Global Players and their Industry Strategy in Japan, Ecosystem Analysis of Local and Regional Japan Providers |
| Key Cities Analyzed While Studying Opportunities in Products from food waste in Japan | Kanto, Chubu, Kinki, Kyushu & Okinawa, Tohoku, Rest of Japan |
| Key Companies Profiled | Biodiversity International Japan; Japan Food Ecology Center; Mitsubishi UFJ Lease & Finance Group; Japan Food Ecology System; Daiki Ataka Engineering Co. Ltd.; TOYOKOH Inc.; Tokyo Eco Recycle Co. Ltd.; Onkyo Ecosystems Co. Ltd.; ADEKA Corporation; Food Bank Japan; Kaneko Logistics Corporation; Eco Mark Japan |
The products from food waste industry in Japan is valued at USD 1,448.11 million in 2023.
The products from food waste industry in Japan is anticipated to reach USD 3,161.30 million by 2033.
A CAGR of 8.1% is expected through 2033 for the adoption of products from food waste in Japan.
Citrus source type is likely to drive demand for products from food waste in Japan.
| Estimated Market Size (2024E) | USD 54.3 billion |
|---|---|
| Projected Market Value (2034F) | USD 76.5 billion |
| Value-based CAGR (2024 to 2034) | 3.5% |
| Market Size (2023E) | USD 13.5 billion |
|---|---|
| Market Projected Size (2033F) | USD 23.9 billion |
| Value CAGR (2023 to 2033) | 5% |
| Market Size Value in 2023 | USD 55,120 million |
|---|---|
| Market Forecast Value in 2033 | USD 85,905.0 million |
| CAGR (2023 to 2033) | 5% |
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Products from Food Waste Industry Analysis in Japan
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