The Latin America, Middle East and Africa Food Waste Management Market is expected to witness market growth of 8.7% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA Food Waste Management Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $1.78 billion by 2031. The Argentina market is registering a CAGR of 10.1% during 2024-2031. Additionally, the UAE market would witness a CAGR of 7.8% during 2024-2031.
Reducing food waste can lead to significant cost savings for businesses, particularly in the hospitality and retail sectors. Restaurants, supermarkets, and other food service providers increasingly adopt food waste management practices to reduce waste disposal costs and improve operational efficiency. Additionally, companies that invest in food waste management technologies may benefit from tax incentives or government subsidies.
The market is transforming significantly due to several emerging trends and innovations. The concept of a circular economy, where food waste is reused, recycled, or repurposed, is gaining traction. In this model, food waste is treated as a resource rather than waste. This approach encourages businesses and consumers to find innovative ways to reduce food waste and recycle organic matter into the production cycle.
The food service industry in the UAE is thriving, making it the second-largest market in the Gulf Cooperation Council (GCC) region. According to the USDA, the total value of the UAE’s hotel, restaurant, and institutional (HRI) sector was $12.3 billion in 2021, reflecting a 17% growth from 2020. Dubai, in particular, hosts an extensive network of food establishments, with 18,667 businesses that include 9,705 restaurants, 4,310 coffee shops, 2,809 cafeterias, 840 hotels, and 728 catering services. This rapid expansion in the HRI sector is leading to significant food waste generation, especially from luxury hotels and large-scale catering services. The UAE government’s initiatives to reduce food waste, such as the UAE Food Waste Pledge and increasing awareness of sustainable practices, encourage businesses to adopt innovative solutions like organic waste recycling, food donation programs, and smart waste management systems. Thus, growing food processing sectors and rising food service activities are boosting the demand for advanced waste management solutions.
The Brazil market dominated the LAMEA Food Waste Management Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $1.78 billion by 2031. The Argentina market is registering a CAGR of 10.1% during 2024-2031. Additionally, the UAE market would witness a CAGR of 7.8% during 2024-2031.
Reducing food waste can lead to significant cost savings for businesses, particularly in the hospitality and retail sectors. Restaurants, supermarkets, and other food service providers increasingly adopt food waste management practices to reduce waste disposal costs and improve operational efficiency. Additionally, companies that invest in food waste management technologies may benefit from tax incentives or government subsidies.
The market is transforming significantly due to several emerging trends and innovations. The concept of a circular economy, where food waste is reused, recycled, or repurposed, is gaining traction. In this model, food waste is treated as a resource rather than waste. This approach encourages businesses and consumers to find innovative ways to reduce food waste and recycle organic matter into the production cycle.
The food service industry in the UAE is thriving, making it the second-largest market in the Gulf Cooperation Council (GCC) region. According to the USDA, the total value of the UAE’s hotel, restaurant, and institutional (HRI) sector was $12.3 billion in 2021, reflecting a 17% growth from 2020. Dubai, in particular, hosts an extensive network of food establishments, with 18,667 businesses that include 9,705 restaurants, 4,310 coffee shops, 2,809 cafeterias, 840 hotels, and 728 catering services. This rapid expansion in the HRI sector is leading to significant food waste generation, especially from luxury hotels and large-scale catering services. The UAE government’s initiatives to reduce food waste, such as the UAE Food Waste Pledge and increasing awareness of sustainable practices, encourage businesses to adopt innovative solutions like organic waste recycling, food donation programs, and smart waste management systems. Thus, growing food processing sectors and rising food service activities are boosting the demand for advanced waste management solutions.
List of Key Companies Profiled
- Veolia Environnement S.A.
- Suez S.A.
- Waste Management, Inc.
- Republic Services, Inc. (Cascade Investment Group, Inc.)
- Reworld Waste, LLC
- Stericycle, Inc.
- Clean Harbors, Inc.
- Biffa plc (Energy Capital Partners Management, LP)
- Remondis SE & Co. KG (Rethmann Se & Co. Kg)
- Cleanaway Waste Management Limited
Market Report Segmentation
By Source
- Residential
- Commercial
- Industrial
By Process
- Anaerobic Digestion
- Aerobic Digestion
- Incineration/Combustion
- Other Processes
By Application
- Animal Feed
- Fertilizers
- Biofuel
- Power Generation
By Waste Type
- Fruits & Vegetables
- Cereals, Oilseeds & Pulses
- Non Veg Food
- Dairy Products
- Other Types
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. LAMEA Food Waste Management Market by Source
Chapter 5. LAMEA Food Waste Management Market by Process
Chapter 6. LAMEA Food Waste Management Market by Application
Chapter 7. LAMEA Food Waste Management Market by Waste Type
Chapter 8. LAMEA Food Waste Management Market by Country
Chapter 9. Company Profiles
Companies Mentioned
- Veolia Environnement S.A.
- Suez S.A.
- Waste Management, Inc.
- Republic Services, Inc. (Cascade Investment Group, Inc.)
- Reworld Waste, LLC
- Stericycle, Inc.
- Clean Harbors, Inc.
- Biffa plc (Energy Capital Partners Management, LP)
- Remondis SE & Co. KG (Rethmann Se & Co. Kg)
- Cleanaway Waste Management Limited
Methodology
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