The demand for products from food waste in Western Europe is set to exhibit a CAGR of 4.3% through 2033. The products from food waste industry in Western Europe are poised to witness significant opportunities with USD 9,050.72 million in 2023. By 2033, the consumption of products from food waste in Western Europe will likely secure USD 13,744.8 million.
Key Insights and Highlights to Understand Emerging and Fast-growing Opportunities
Attributes | Details |
---|---|
Industry Size of Products from Food Waste in Western Europe in 2023 | USD 9,050.72 million |
Industry Size of Products from Food Waste in Western Europe by 2033 | USD 13,744.8 million |
CAGR Estimation from 2023 to 2033 | 4.3% |
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Countries | Value CAGR from 2023 to 2033 |
---|---|
United Kingdom | 5.6% |
Germany | 3.4% |
Germany is poised to take the lead in the Western Europe products food waste Industry with an impressive anticipated CAGR of 3.4% during the forecast period. Germany's strong emphasis on sustainable waste management practices is a driving force behind its industry growth. The nation's commitment to eco-friendly and responsible waste disposal aligns with global sustainability goals. Germany's robust regulatory framework regarding food waste disposal plays a significant role in industry expansion. Strict regulations governing the proper handling and disposal of food waste have necessitated the development of innovative solutions for recycling and repurposing, fostering industry growth.
In the United Kingdom, there is a notable surge in innovative technologies for food waste recycling. By making significant advancements in anaerobic digestion, biogas production, and biofuel generation from food waste, the industry in the United Kingdom is likely to expand at a CAGR of 5.6% through 2033. These cutting-edge technologies are not only addressing environmental concerns but also fostering the expansion of the industry by efficiently converting food waste into valuable resources and sustainable energy solutions.
Category | Industrial Share in 2023 |
---|---|
Citrus | 19.0% |
Food Processing | 24.0% |
Citrus fruits are poised to be the dominant source in the products from food waste Industry, projected to account for 19.0% of the industrial share in 2023. The remarkable growth can be attributed to the escalating demand for citrus-derived products such as juices, essential oils, and dietary supplements.
The abundance of citrus waste generated by fruit processing industries has spurred the development of efficient extraction technologies, enabling the production of value-added products from citrus waste. Furthermore, the increasing emphasis on sustainable development has fueled the utilization of citrus waste as a raw material source, further propelling the growth of this segment in the products from food waste Industry.
Food processing is expected to take the lead in the products from food waste Industry by the end user, with a projected Industry share of 24.0% in 2023. The growth of this segment is driven by the rising demand for food products derived from food waste, including juices, purees, and powders.
Stringent regulations regarding food waste disposal have spurred the development of new technologies and processes for food waste management, thus boosting the growth of this segment. With the increasing adoption of circular economy principles and the development of innovative solutions for food waste valorization, the food processing segment is poised for substantial growth throughout the forecast period.
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Attribute | Details |
---|---|
Estimated Industry Size in 2023 | USD 9,050.72 million |
Projected Industry Size by 2033 | USD 13,744.8 million |
Anticipated CAGR between 2023 to 2033 | 4.3% CAGR |
Demand Forecast for the Products from Food Waste Industry in Western Europe | 2023 to 2033 |
Report Coverage | Industry Size, Industry Trends, Analysis of key factors influencing the Adoption of Products from Food Waste in Western Europe, Insights on Global Players and their Industry Strategy in Western Europe, Ecosystem Analysis of Local and Regional Western Europe Providers |
Key Countries Analyzed | The United Kingdom, Germany, France, The Netherlands, Italy |
Key Companies Profiled | Veolia Environment; SUEZ; Renewi; Biogen; ReFood; Andisgestion; TerraCycle; ReFood; FoodCycle; Enval; Tönsmeier; HZI; Leafield Environmental; Organic Waste Systems; Recycling Technologies |
Veolia Environment, SUEZ, and Renewi are the key industry players.
The industry in Western Europe is likely to inflate at a 4.3% CAGR through 2033.
Growing demand for sustainable and eco-friendly products drives the Industry.
Ensuring the proper disposal of potentially hazardous waste hinders Industry growth.
From 2018 to 2022, the industry in Western Europe exhibited a 2.3% CAGR.
1. Executive Summary 2. Market Overview 3. Market Background 4. Industry Analysis and Outlook 2018 to 2022 and Forecast, 2023 to 2033 5. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Source 5.1. Mango 5.2. Apples 5.3. Grapes 5.4. Citrus Fruits 5.5. Carrots 5.6. Beetroot 5.7. Others (Berries, etc.) 6. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Application 6.1. Food Processing 6.2. Beverage Processing 6.3. Cosmetics & Personal Care 6.4. Animal Feed 6.5. Others (Dietary Supplements and Nutraceuticals) 7. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Country 7.1. UK 7.2. Germany 7.3. Italy 7.4. France 7.5. Spain 7.6. Rest of Western Europe 8. UK Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region 9. Germany Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region 10. Italy Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region 11. France Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region 12. Spain Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region 13. Rest of Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033 14. Market Structure Analysis 15. Competition Analysis 15.1. Aeropowder 15.2. Bio-bean Ltd. 15.3. GroCycle 15.4. Rubies in the Rubble 15.5. Snact Ltd. 15.6. Toast Ale Ltd. 15.7. Circular Systems S.P.C. 15.8. Fruitcycle 15.9. Jrink Juicery 15.10. Misfit Foods 15.11. ReGrained, LLC 15.12. Rise Products 16. Assumptions & Acronyms Used 17. Research Methodology
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