Food Waste Management Market Set to Surge to US$ 121.8 Billion by 2033
The food waste management market is estimated to be valued at US$ 70.0 billion in 2023 and is anticipated to value at US$ 121.8 billion by 2033. The sales of food waste management are likely to register a CAGR of 5.7% during the forecast period.
An increase in waste, uneaten or unfinished food, is bolstering the demand for food waste management during the forecast period. The growing awareness about food wastage among consumers and various government initiative programs are increasing the adoption of food wastage management.