PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1250013
PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1250013
India Food Waste Disposal System Market - By Type of Method ; By Source of Food Waste ; By Application ; By End Users, Trend Analysis, Competitive Landscape & Forecast, 2019-2029
India Food Waste Disposal System Market Size Set to Expand at Significant CAGR of 5.9% During 2023-2029.
India food waste disposal system market size is flourishing due to potential for revenue generation through waste-to-energy projects, sale of organic fertilizers, and innovations in waste management technology and equipment.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, expects India food waste disposal system market size to grow at a CAGR of 5.91% during the forecast period between 2023 and 2029. The countrywide rapid expansion of the food and beverages industry is principally responsible for the market's growth. Due to the increasing consumption of prepared and packaged foods, restaurants, hotels, and fast-food establishments produce significant volumes of food waste. For effective collection and separation of food waste at the level form essential, this has made the use of food waste disposal systems vital. Population growth and rising consumer buying power are also expected to support the market expansion.
India Food Waste Disposal System Market - Overview:
Food waste is defined as food that has been served but not consumed, food that has gone bad, peels and rinds deemed unfit for human consumption, and is fed to animals, composted, anaerobically digested, landfilled, or burned with energy recovery. It is difficult to recycle due to its salt, high sodium content, and moisture content when collected. Food waste is becoming a larger component of municipal waste streams. A solid food waste management strategy must be developed to ensure sustainable and environmentally friendly disposal. Anaerobic digestion and composting are the two most popular methods for recycling food waste. Composting uses oxygen and naturally occurring bacteria to break down biodegradable trash in an enclosed vessel or underpass. It also provides an alternative to dumping food waste.
Impact of COVID-19 on India Food Waste Disposal System Market
Outbreak of COVID-19 had a favorable effect on the market for food waste management. The pandemic had a profound effect on consumers' purchasing and consumption patterns. Due to increased food hoarding by customers across the nation owing to lockdowns and stringent laws, there has been a surge in food waste, which has created demand for food waste management equipment and services.
India Food Waste Disposal System Market - By Source of Food Waste:
India food waste disposal system market is segmented into Household, Retail, Manufacturing, Foodservice, and others (agriculture and schools). The market is dominated by the household segment. Residential food waste is expected to increase as the population grows and lifestyles change. A variety of factors contribute to food waste in the home, including poor food management, excessive food preparation, excessive shopping, poor cooking skills, and insufficient storage.
Competitive Landscape
India food waste disposal system market is highly competitive. Major players in the market include Eco Wise Waste Management, Daily Dump, Earth Sense Recycle, Vaniyambadi Green, Dhruvansh Waste Management, Organic Recycling Systems, Ramky Enviro Engineers, Sujala Solutions, Agro Gleaner, Susthiti, Banyan Nation, and Hasiru Dala Innovations. These companies use various strategies, including increasing investments in their R&D activities, mergers, and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in the India food waste disposal system market.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of India Food Waste Disposal System Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in India Food Waste Disposal System Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
Table of Contents
1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
2. Executive Summary
3. India Food Waste Disposal System Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. Increasing urbanization and population growth leading to higher volumes of food waste
- 3.2.1.2. Growing demand for organic fertilizer and biogas from food waste
- 3.2.1.3. Rising awareness about the environmental impact of food waste
- 3.2.2. Restraints
- 3.2.2.1. Lack of infrastructure and technology for efficient food waste disposal
- 3.2.3. Opportunities
- 3.2.3.1. Potential for revenue generation through waste-to-energy projects and sale of organic fertilizer
- 3.2.3.2. Innovations in waste management technology and equipment
- 3.2.4. Challenges
- 3.2.4.1. Limited consumer awareness about the benefits of composting and recycling food waste
- 3.2.1. Growth Drivers
- 3.3. Technology Advancements/Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
4. India Food Waste Disposal System Market Overview
- 4.1. Market Application & Forecast, 2019-2029
- 4.1.1. By Value (USD Million)
- 4.1.2. Market Share and Forecast
- 4.1.3. By Type of Method
- 4.1.3.1. Landfills
- 4.1.3.2. Incineration
- 4.1.3.3. Composting
- 4.1.3.4. Anaerobic digestion
- 4.1.3.5. Others (vermiculture, bio-drying)
- 4.1.4. By Source of Food Waste
- 4.1.4.1. Household
- 4.1.4.2. Retail
- 4.1.4.3. Manufacturing
- 4.1.4.4. Foodservice
- 4.1.4.5. Others (agriculture, schools)
- 4.1.5. By Application
- 4.1.5.1. Agriculture
- 4.1.5.2. Animal feed
- 4.1.5.3. Energy production
- 4.1.5.4. Others (soil amendment)
- 4.1.6. By End Users
- 4.1.6.1. Residential
- 4.1.6.2. Commercial (restaurants, grocery stores, hotels, hospitals)
- 4.1.6.3. Industrial (food processing plants)
5. Competitive Landscape
- 5.1. List of Key Players and Their Offerings
- 5.2. India Food Waste Disposal System Market Share Analysis, 2022
- 5.3. Competitive Benchmarking, By Operating Parameters
- 5.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
6. Impact of Covid-19 on India Food Waste Disposal System Market
7. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
- 7.1. Eco Wise Waste Management
- 7.2. Daily Dump
- 7.3. Earth Sense Recycle
- 7.4. Vaniyambadi Green
- 7.5. Dhruvansh Waste Management
- 7.6. Organic Recycling Systems
- 7.7. Ramky Enviro Engineers
- 7.8. Sujala Solutions
- 7.9. Agro Gleaner
- 7.10. Susthiti
- 7.11. Banyan Nation
- 7.12. Hasiru Dala Innovations
- 7.13. Other Prominent Players
8. Key Strategic Recommendations
9. Research Methodology
- 9.1. Qualitative Research
- 9.1.1. Primary & Secondary Research
- 9.2. Quantitative Research
- 9.3. Market Breakdown & Data Triangulation
- 9.3.1. Secondary Research
- 9.3.2. Primary Research
- 9.4. Breakdown of Primary Research Respondents, By Region
- 9.5. Assumptions & Limitations
*Financial information in case of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable
List of Figures
- Figure 1 India Food Waste Disposal System Segmentation
- Figure 2 India Food Waste Disposal System Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2022
- Figure 4 India Food Waste Disposal System Market Application, By Value (USD Million), 2019-2029
- Figure 5 India Food Waste Disposal System Market Share, By Type of Method, By Value, 2019-2029
- Figure 6 India Food Waste Disposal System Market Share, By Source of food waste, By Value, 2019-2029
- Figure 7 India Food Waste Disposal System Market Share, By Application, By Value, 2019-2029
- Figure 8 India Food Waste Disposal System Market Share, By End Users, By Value, 2019-2029
List of Tables
- Table 1 India Food Waste Disposal System Market Application, By Type of Method, By Value, 2019-2029
- Table 2 India Food Waste Disposal System Market Application, By Source of food waste, By Value, 2019-2029
- Table 3 India Food Waste Disposal System Market Application, By Application, By Value, 2019-2029
- Table 4 India Food Waste Disposal System Market Application, By End Users, By Value, 2019-2029
- Table 5 Eco Wise Waste Management Company Overview
- Table 6 Eco Wise Waste Management Financial Overview
- Table 7 Daily Dump Company Overview
- Table 8 Daily Dump Financial Overview
- Table 9 Earth Sense Recycle Company Overview
- Table 10 Earth Sense Recycle Financial Overview
- Table 11 Vaniyambadi Green Company Overview
- Table 12 Vaniyambadi Green Financial Overview
- Table 13 Dhruvansh Waste Management Company Overview
- Table 14 Dhruvansh Waste Management Financial Overview
- Table 15 Organic Recycling Systems Company Overview
- Table 16 Organic Recycling Systems Financial Overview
- Table 17 Ramky Enviro Engineers Company Overview
- Table 18 Ramky Enviro Engineers Financial Overview
- Table 19 Sujala Solutions Company Overview
- Table 20 Sujala Solutions Financial Overview
- Table 21 Agro Gleaner Company Overview
- Table 22 Agro Gleaner Financial Overview
- Table 23 Susthiti Company Overview
- Table 24 Susthiti Financial Overview
- Table 25 Banyan Nation Company Overview
- Table 26 Banyan Nation Financial Overview
- Table 27 Hasiru Dala Innovations Company Overview
- Table 28 Hasiru Dala Innovations Financial Overview
