Food Waste Recycling Machine Market: Top 5 Players Hold Nearly 20% Revenue Share – Fact.MR Survey

Industry Insights

Fact.MR’s recent study on food waste recycling machine market foresees a promising growth, driven by proactive initiatives for fostering environmental sustainability. An amalgamation of pivotal aspects, ranging from launch of legislation around food waste to rising proclivity for recycling activities, is anticipated to underpin growth potential of the market. Global sales of food waste recycling machines are likely to reach 10,890 units in 2018, up from 10,356 units in 2017.

The Fact.MR research study opines that the demand for food waste recycling machine has taken off in recent years, as a result of challenges associated with traditional composting methods. Rapid gravitation toward minimizing disposal costs and curbing noxious emissions have been identified as key drivers.

REQUEST FOR SAMPLE

Restaurants to Stay at the Forefront of Demand as Enhancing Profitability Gains Momentum

Shift from landfills to waste-to-energy plants is evolving as a prominent waste management trend, which is offering numerous opportunities for the food waste recycling machine manufacturers.

Sales of food waste recycling machine have remained concentrated in the restaurants industry, driven by efforts to scale up their bottom lines. This buoyancy of restaurants in the food waste recycling machine market continued in 2018 as well, with volume sales likely to exceed 2,500 units. Sales are also complemented by growing adoption in hotels and supermarkets, according to the study.

Competitive Landscape: Top Companies in Food Waste Recycling Machine Market

The global food waste recycling machine market is highly fragmented and competitive owing to the existence of many domestic and regional players. Various marketing strategies are adopted by key players such as mergers and acquisitions, expansions, collaborations and partnerships.

Also, new product development as a strategic approach is adopted by the leading companies to upscale their market presence among consumers. These strategies have resulted in the incorporation of advanced food waste recycling machine.

Fact.MR has provided detailed information about price points of top manufacturers of food waste recycling machine market positioned across regions, sales growth, production capacity, and speculative technological expansion in the recently published report.

For instance:

  1. Maeko, invented the machine in the year 2021, which crushes the food waste and produces bio-organic compost in an anaerobic environment that is ready to use within a day. It also uses a bio-enzyme filtration system that breaks down all types of food waste and eliminates odors and unpleasant smells. In addition to this, its range of industrial composters is used at hotels, restaurants, schools, shops and even at homes.
  2. WLabs recently introduced Zera Food Recycler, a kitchen appliance that can convert food waste to fertilizer in less than 24 hours. It converts nearly 95% of household waste into homemade fertilizer via a fully automated process.

About Us:

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

Contact:

US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Email: sales@factmr.com

Leave a Reply

Related Posts