Lucintel Forecasts the Global Food Recycler Market to Reach $28.0 billion by 2030
Lucintel Forecasts the Global Food Recycler Market to Reach $28.0 billion by 2030
Blog Article
According to a market report by Lucintel, the future of the global food recycler market looks promising with opportunities in the residential and commercial markets. The global food recycler market is expected to reach an estimated $28.0 billion by 2030 from $19.5 billion in 2024 at a CAGR of 6.2% from 2024 to 2030. The major drivers for this market are growing public concern over effective food waste management, rising people's awareness of the food recycling process and devices, and sharp rise in urbanization and government programs like ""go green"" and ""smart cities"".
A more than 150 – page report is developed to understand Trends, opportunity and forecast in food recycler market to 2030 by component (product and services), material type (steel, stainless steel, carbon steel, plastic, fibre, and others), distribution channel (original equipment manufacturer (OEM), distributors, retailers, and e-commerce), end use (residential and commercial), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that original equipment manufacturer (OEM) is expected to witness the highest growth over the forecast period due to convenient pricing of the product and special instruction needed to build a food recycler.
Download sample by clicking on food recycler market
North America is expected to witness highest growth over the forecast period due to technological progress in the field of food recycling and composting.
Whirlpool, Food Cycle Science, Wastefox, Joseph Joseph, Nine Stars Group, Simplehuman, and Smart Cara are the major suppliers in the food recycler market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.comTo get access of more than 1000 reports at fraction of cast visit Lucintel’sAnalytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market &unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1 972.636.5056
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