The need for Food Waste Management systems
With the increasing population, the amount of waste generated all over the world has gone up exponentially. Among all the different wastes the majority of this waste is constituted of food waste. Food is the main resource that is increasing geometrically with the population explosion and so is the waste generated by it. If this is not convincing then perhaps this fact will be:
In an average American city, with a waste generation of 14 million tonnes (in landfills) and among which food waste accounts for 20%.In places like Singapore, about 10% of the total waste is comprised of food waste.
Rise of global food waste management companies
The need for food waste management companies has increased manyfold in the recent few years and this has led to the birth of various companies who are stepping up to the challenge of dealing with such amounts of global waste.
Various companies are working and operating at regional and international levels to help improve the process and are actively promoting the measures for controlling the amount of waste generation.
Promotion of the market by governments
The governments have partnered up with different companies to promote the importance of food waste management among the common people. Various social media outlets and public communication platforms are being utilized by the government and the different companies to reach out to a wider audience.
Even the food manufacturing companies are directly collaborating with food waste processing companies to spread awareness about the situation and are exponentially boosting the market for food waste management systems.
Leading the innovations
The enormous amount of promotion and aid from the government of various nations has provided ample resources to facilitate the growth of innovations in the field of food waste management systems. Many innovations including aerobic and anaerobic digestion systems have made the integration of different food waste processing systems very easy and are being widely adopted all over the world.
The major leaders
Since the market for this field is ripe right now and there is ample scope for progress in the future, the amount of competition has also increased exponentially among the different companies from all over the world for providing the best food waste management systems. Nations like France, the U.S., Canada, and Australia are leading the foray.
The report released by Value Market Research on the food waste management anticipates exponential scope for expansion of this market in the future.
Anay Malhotra a qualified computer analyst turned freelancer who writes for Value News where his passion and hard work has earned him a Star Employee for 2 consecutive months. He has been working and exploring varied professionals like Modelling, Event Management and Writing.