GITNUX MARKETDATA REPORT 2024

Food Waste Management Industry Statistics

The global food waste management industry is projected to grow at a CAGR of 6.5% from 2021 to 2026, driven by increasing awareness about environmental sustainability and regulatory measures.

In this post, we will explore the critical issue of food waste management within the industry. With staggering statistics such as approximately 1.3 billion tons of food wasted globally each year, it is evident that addressing food waste is paramount. From the economic impact of $1,500 lost per year by the average family in the United States to the environmental implications of 8% of global greenhouse gas emissions linked to food loss and waste, there is a significant urgency to find sustainable solutions. Join us as we uncover key statistics, trends, and initiatives shaping the food waste management landscape.

Statistic 1

"Approximately 1.3 billion tons of food are wasted globally each year."

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Statistic 2

"In the UK, 4.5 million tons of edible food is wasted annually."

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Statistic 3

"Each year, 108 billion pounds of food is wasted in the United States, including farms, food manufacturers, retailers, and households."

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Statistic 4

"The average family of four in the United States loses $1,500 per year on wasted food."

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Statistic 5

"More than 800 million people worldwide do not have enough food to eat, while a third of food produced is wasted."

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Statistic 6

"Around 8% of global greenhouse gas emissions are associated with food loss and waste."

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Statistic 7

"Municipal solid waste (MSW) landfills are the third-largest source of human-related methane emissions in the United States."

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Statistic 8

"In the United States, 30-40% of the food supply is wasted."

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Statistic 9

"The global food waste management market size was valued at USD 34.22 billion in 2019."

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Statistic 10

"Food loss and waste accounts for about 4.4 gigatons of greenhouse gas emissions annually."

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Statistic 11

"One-third of all food wasted is due to aesthetic imperfections such as size, shape, or slight bruising."

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Statistic 12

"The Asia-Pacific food waste management market is projected to grow at the highest CAGR from 2020 to 2027."

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Statistic 13

"By 2030, the UN aims to halve per capita global food waste at the retail and consumer level."

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Statistic 14

"Composting food waste can reduce the volume of waste sent to landfills by up to 20-30%."

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Statistic 15

"The food waste management industry in Europe is expected to register a significant CAGR of 4.8% over the forecast period."

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Statistic 16

"Food waste accounts for roughly 24% of all water used for agriculture."

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Statistic 17

"Innovative technology like machine learning and AI is being used to track and reduce food waste in the supply chain."

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Statistic 18

"Redistribution efforts, such as food banks and charities, play a critical role in managing food waste and feeding hungry populations."

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Statistic 19

"The packaging industry is exploring biodegradable and edible options to reduce food waste."

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The staggering global statistics on food waste highlight a pressing need for immediate action in the food waste management industry. With billions of tons of food wasted annually, costing families significant amounts of money and contributing to greenhouse gas emissions, it is clear that reducing food waste is essential for environmental sustainability and social equity. Efforts such as composting, innovative technologies, and redistribution initiatives are crucial steps towards addressing this issue and achieving the UN’s goals for reducing food waste by 2030. As the food waste management market continues to grow, it is imperative that businesses, governments, and consumers collaborate to minimize food waste, mitigate its impacts, and create a more sustainable food system for the future.

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