Market Forecast By Waste Type (Cereals, Dairy products, Fruits & Vegetables, Meat, Fish & Sea Food, Processed Food, Others), By Process (Aerobic, Anaerobic, Combustion/Incineration, Others), By Source (Primary Food Producers, Food Manufacturers, Food Distributors & Suppliers, Food Service Providers, Municipalities & Households), By Application (Animal Feed, Fertilizers, Biofuel, Power Generation) And Competitive Landscape
Product Code: ETC382023 | Publication Date: Aug 2022 | Updated Date: Sep 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
Report Name | Mexico Food Waste Management Market |
Forecast period | 2024-2030 |
CAGR | 9.4% |
Growing Sector | Food and Beverage |
The Mexico Food Waste Management Market report thoroughly covers the market By Waste Type, By Process, By Source and By Application. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The food waste management market in Mexico has been growing steadily over the past few years. With a population of nearly 130 million people, Mexico is the most populous Spanish-speaking country in the world and is known for its vibrant culture and delicious cuisine. However, as a developing nation, it faces challenges related to proper waste management, especially when it comes to food waste.
According to 6Wresearch, the Mexico Food Waste Management Market size is expected to grow at a significant CAGR of 9.4% during the forecast period 2024-2030. The growing awareness and concern over food waste in Mexico have led to the development of a food waste management market. This market is expected to witness significant growth in the coming years. This growth can be attributed to various factors, including increasing government initiatives and regulations, rising awareness about the environmental and economic impacts of food waste, and the implementation of innovative technologies in waste management. The market is also driven by the growing demand for organic waste management solutions and the rise in collaborations and partnerships between government bodies, NGOs, and private companies. However, despite the growth potential, there are some challenges faced by the Mexico Food Waste Management Market. These include inadequate infrastructure and resources for proper waste management, lack of awareness and education about food waste reduction at the consumer level, and limited investments in research and development for advanced waste management technologies.
Some of the leading players in the Mexico Food Waste Management Market include BioPappel, the company is involved in recycling and paper production, including recycling food packaging and waste. BIOLAN specializes in biotechnology for waste management, including food waste. They provide solutions for composting and organic waste treatment. GRIMME Mexico offers solutions for the agricultural sector, including technology for reducing food waste at the production and processing stages. Grupo CIP is a waste management company that provides collection, transportation, and recycling services for various types of waste, including food waste. These companies are actively involved in developing and implementing innovative waste management solutions in Mexico. They are also engaged in strategic partnerships and collaborations to expand their market presence and cater to the growing demand for food waste management services in the country.
The Mexico government has implemented various regulations and initiatives to address the issue of food waste in the country. Some of these include: The National Strategy for Food Waste Reduction, launched in 2016, which aims to reduce food waste by half by 2030. The Law on Sustainable Waste Management, passed in 2015, which promotes proper waste segregation and encourages the use of advanced technologies in waste management. The "Save Your Food, Save Your Money" campaign, promotes food waste reduction at the consumer level through education and awareness programs. The implementation of a national standard for composting, which sets guidelines for organic waste management. These regulations and initiatives not only create a framework for effective food waste management but also promote a culture of sustainability and responsible consumption in Mexico. Overall, the government plays a crucial role in driving the growth of the Mexico Food Waste Management Market by setting targets and regulations for waste reduction and management.
The Mexico Food Waste Management Market is expected to witness continued growth in the coming years, driven by various factors such as increasing government initiatives, rising awareness about food waste reduction, and advancements in waste management technologies. Moreover, the growing demand for organic waste management solutions and collaborations between different stakeholders are also expected to contribute to the market's growth. However, it is essential to address challenges such as inadequate infrastructure and lack of awareness among consumers to fully realize the market's potential. Overall, the future looks promising for the Mexico Food Waste Management Market, with increasing efforts being made to tackle food waste and promote sustainable practices. As more companies and individuals become aware of the impact of food waste on the environment and economy, we can expect to see continued growth and advancements in this market in the coming years.
According to Ravi Bhandari, Research Head, 6Wresearch, fruits and vegetables account for the largest share due to high wastage levels in this category.
The aerobic process is currently the dominant segment in the Mexico Food Waste Management Market, accounting for the majority of the market share. This can be attributed to its effectiveness in managing organic waste and producing high-quality compost, which can be used for various applications such as agriculture and landscaping.
The food service providers segment leads the Mexico Food Waste Management Market. This can be attributed to the increasing number of restaurants, hotels, and other food establishments that generate a significant amount of food waste on a daily basis.
The animal feed segment is anticipated to register noteworthy growth in the coming years due to the increasing demand for animal-based protein sources and the use of food waste as a cost-effective and sustainable alternative to traditional feed ingredients.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Mexico Food Waste Management Market Overview |
3.1 Mexico Country Macro Economic Indicators |
3.2 Mexico Food Waste Management Market Revenues & Volume, 2020 & 2030F |
3.3 Mexico Food Waste Management Market - Industry Life Cycle |
3.4 Mexico Food Waste Management Market - Porter's Five Forces |
3.5 Mexico Food Waste Management Market Revenues & Volume Share, By Waste Type, 2020 & 2030F |
3.6 Mexico Food Waste Management Market Revenues & Volume Share, By Process, 2020 & 2030F |
3.7 Mexico Food Waste Management Market Revenues & Volume Share, By Source, 2020 & 2030F |
3.8 Mexico Food Waste Management Market Revenues & Volume Share, By Application, 2020 & 2030F |
4 Mexico Food Waste Management Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Mexico Food Waste Management Market Trends |
6 Mexico Food Waste Management Market Segmentations |
6.1 Mexico Food Waste Management Market, By Waste Type |
6.1.1 Overview and Analysis |
6.1.2 Mexico Food Waste Management Market Revenues & Volume, By Cereals, 2020-2030F |
6.1.3 Mexico Food Waste Management Market Revenues & Volume, By Dairy products, 2020-2030F |
6.1.5 Mexico Food Waste Management Market Revenues & Volume, By Fruits & Vegetables, 2020-2030F |
6.1.5 Mexico Food Waste Management Market Revenues & Volume, By Meat, 2020-2030F |
6.1.6 Mexico Food Waste Management Market Revenues & Volume, By Fish & Sea Food, 2020-2030F |
6.1.7 Mexico Food Waste Management Market Revenues & Volume, By Processed Food, 2020-2030F |
6.2 Mexico Food Waste Management Market, By Process |
6.2.1 Overview and Analysis |
6.2.2 Mexico Food Waste Management Market Revenues & Volume, By Aerobic, 2020-2030F |
6.2.3 Mexico Food Waste Management Market Revenues & Volume, By Anaerobic, 2020-2030F |
6.2.4 Mexico Food Waste Management Market Revenues & Volume, By Combustion/Incineration, 2020-2030F |
6.2.5 Mexico Food Waste Management Market Revenues & Volume, By Others, 2020-2030F |
6.3 Mexico Food Waste Management Market, By Source |
6.3.1 Overview and Analysis |
6.3.2 Mexico Food Waste Management Market Revenues & Volume, By Primary Food Producers, 2020-2030F |
6.3.3 Mexico Food Waste Management Market Revenues & Volume, By Food Manufacturers, 2020-2030F |
6.3.4 Mexico Food Waste Management Market Revenues & Volume, By Food Distributors & Suppliers, 2020-2030F |
6.3.5 Mexico Food Waste Management Market Revenues & Volume, By Food Service Providers, 2020-2030F |
6.3.6 Mexico Food Waste Management Market Revenues & Volume, By Municipalities & Households, 2020-2030F |
6.4 Mexico Food Waste Management Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Mexico Food Waste Management Market Revenues & Volume, By Animal Feed, 2020-2030F |
6.4.3 Mexico Food Waste Management Market Revenues & Volume, By Fertilizers, 2020-2030F |
6.4.4 Mexico Food Waste Management Market Revenues & Volume, By Biofuel, 2020-2030F |
6.4.5 Mexico Food Waste Management Market Revenues & Volume, By Power Generation, 2020-2030F |
7 Mexico Food Waste Management Market Import-Export Trade Statistics |
7.1 Mexico Food Waste Management Market Export to Major Countries |
7.2 Mexico Food Waste Management Market Imports from Major Countries |
8 Mexico Food Waste Management Market Key Performance Indicators |
9 Mexico Food Waste Management Market - Opportunity Assessment |
9.1 Mexico Food Waste Management Market Opportunity Assessment, By Waste Type, 2020 & 2030F |
9.2 Mexico Food Waste Management Market Opportunity Assessment, By Process, 2020 & 2030F |
9.3 Mexico Food Waste Management Market Opportunity Assessment, By Source, 2020 & 2030F |
9.4 Mexico Food Waste Management Market Opportunity Assessment, By Application, 2020 & 2030F |
10 Mexico Food Waste Management Market - Competitive Landscape |
10.1 Mexico Food Waste Management Market Revenue Share, By Companies, 2023 |
10.2 Mexico Food Waste Management Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |