Organic Waste Management Solutions Market Size
| Study Period | 2020 - 2029 |
| Market Size (2024) | USD 338.04 Billion |
| Market Size (2029) | USD 499.96 Billion |
| CAGR (2024 - 2029) | 6.74 % |
| Fastest Growing Market | North America |
| Largest Market | Asia Pacific |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Organic Waste Management Solutions Market Analysis
The Organic Waste Management Solutions Market size is estimated at USD 338.04 billion in 2024, and is expected to reach USD 499.96 billion by 2029, growing at a CAGR of 6.74% during the forecast period (2024-2029).
Nature predominantly generates organic waste. As waste management gains traction, especially in urban centers, the need for effective organic waste management and recycling has surged. Urban organic waste, with its high moisture content, not only bulks up garbage but also hampers incineration by lowering temperatures. Globally, a spectrum of treatment methods has emerged to tackle these challenges.
Increasing emphasis on eco-friendly waste management, coupled with rising public environmental consciousness, is fueling significant growth in the organic waste sector. Advancements in garbage sorting and processing technologies, such as biogas generators, automated sorting systems, and anaerobic digesters, are enhancing the efficiency of organic waste management. Effective management of organic waste is crucial not only to curb its environmental impact and greenhouse gas emissions but also to foster a circular economy, transforming waste into valuable resources.
Organic Waste Management Solutions Market Trends
Rising Demand for Eco-friendly Waste Management Solutions in the Commercial Sector
As the environmental and health benefits of proper wet waste management gain recognition, the call for enhanced garbage collection and disposal services amplifies. Notably, businesses in the hospitality sector, including restaurants and hotels, actively seek waste management firms that champion eco-friendly strategies. This heightened awareness in the commercial sector not only spurs interest in sustainable practices but also fosters a sense of environmental responsibility.
Moreover, initiatives like waste-to-energy, exemplified by biogas production and anaerobic digestion, present a sustainable avenue for transforming food waste into valuable resources. By adopting these methods, not only is landfill dumping reduced, but organic waste is also harnessed to generate renewable energy. This dual benefit not only aids in waste reduction but also contributes to the demand for alternative energy sources and environmental conservation. Consequently, organic waste management in commercial establishments witnesses a surge in demand, propelled by the continuous evolution of these technologies and the increasing acknowledgment of their economic and environmental advantages.
Asia-Pacific Poised to Lead Organic Waste Management Market
Forecasted for the coming years, Asia-Pacific stands at the forefront of the organic waste management market. The surge in urbanization and population has directly correlated with a rise in waste generation, notably moist waste from households and businesses. Many APAC nations have bolstered their waste management regulations, emphasizing correct handling and disposal of wet waste. These regulations are crafted to not only reduce landfill waste but also to promote recycling and composting. The region has not shied away from innovative approaches, with endeavors like expansive composting facilities and the conversion of organic waste into biogas gaining traction.
Substantial investments are flowing into the Asia-Pacific waste management sector, earmarked for expanding capacities, adopting new technologies, and bolstering infrastructure. Moreover, the adoption of advanced technologies, like intelligent bins and waste-tracking systems, is rising. Despite its advancements, Asia-Pacific grapples with food losses in its supply chain, presenting a clear opportunity for waste reduction and sustainable food initiatives.
Organic Waste Management Solutions Industry Overview
The organic waste management solutions market is fragmented, with several key players operating globally and regionally. These companies focus on technological innovations, partnerships, and expansions to strengthen their market presence. Some of the major players include Waste Management Inc., Clean Harbors Inc., Progressive Waste Solution Ltd, Suez Environment, and Stericycle.
Organic Waste Management Solutions Market Leaders
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Waste Management Inc.
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Clean Harbors Inc.
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Progressive Waste Solution Ltd
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Suez Environment
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Progressive Waste Solution Ltd
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Stericycle
*Disclaimer: Major Players sorted in no particular order
Organic Waste Management Solutions Market News
- July 2024: In collaboration with Italy's Hera Group, Fincantieri spearheaded an initiative to enhance waste management within its shipyards. The partnership entails the establishment of a new entity, jointly owned by Fincantieri and Hera Group, with the subsidiaries Herambiente Servizi Industriali and ACR di Reggiani Albertino SpA (ACR) facilitating this venture.
- March 2024: Vishnu Surya Projects and Infra Limited (VSIL), a seasoned player in infrastructure development, made a significant move by entering the waste management sector. This strategic shift was marked by signing MoUs with Hitachi Zosen India Private Limited and AG Enviro Infra Projects Private Limited. Hitachi Zosen India is the local arm of the global giant Hitachi Zosen Corporation.
- January 2023: Courtenay introduced a weekly food waste collection service for residents participating in the curbside collection program. This initiative is part of the newly launched organics program and became possible with the establishment of the Comox Strathcona Waste Management Regional Compost Facility, enhancing waste diversion efforts.
Organic Waste Management Solutions Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumption and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS AND INSIGHTS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Stringent Regulations and Policies Promoting Waste Management
4.2.2 Increasing Adoption of Anaerobic Digestion Technologies
4.3 Market Restraints
4.3.1 Shortage of Landfill Locations Affects the Market
4.3.2 Complexity Waste Segregation and Limited Infrastructure
4.4 Market Opportunities
4.4.1 Technology Advancements and Waste-to-Energy Initiatives
4.4.2 Collaboration Between Public and Private Sectors
4.5 Value Chain Analysis
4.6 Industry Attractiveness: Porter's Five Forces Analysis
4.6.1 Threat of New Entrants
4.6.2 Bargaining Power of Buyers
4.6.3 Bargaining Power of Suppliers
4.6.4 Threat of Substitutes
4.6.5 Intensity of Competitive Rivalry
4.7 Insights into Technological Advancements in the Industry
4.8 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
5.1 By Type
5.1.1 Municipal Waste
5.1.2 Commercial Waste
5.1.3 Industrial Waste
5.2 By Service
5.2.1 Collection
5.2.2 Transportation
5.2.3 Recycling and Disposal
5.3 By Geography
5.3.1 North America
5.3.1.1 United States
5.3.1.2 Canada
5.3.1.3 Rest of North America
5.3.2 Europe
5.3.2.1 United Kingdom
5.3.2.2 Germany
5.3.2.3 France
5.3.2.4 Russia
5.3.2.5 Italy
5.3.2.6 Spain
5.3.2.7 Rest of Europe
5.3.3 Asia-Pacific
5.3.3.1 India
5.3.3.2 China
5.3.3.3 Japan
5.3.3.4 Australia
5.3.3.5 Rest of Asia-Pacific
5.3.4 South America
5.3.4.1 Brazil
5.3.4.2 Argentina
5.3.4.3 Rest of South America
5.3.5 Middle East and Africa
5.3.5.1 United Arab Emirates
5.3.5.2 South Africa
5.3.5.3 Rest of Middle East and Africa
6. COMPETITIVE LANDSCAPE
6.1 Market Concentration Overview
6.2 Company Profiles
6.2.1 Waste Management Inc.
6.2.2 Clean Harbors Inc.
6.2.3 Progressive Waste Solution Ltd
6.2.4 Suez Environment
6.2.5 Stericycle
6.2.6 Courtenay
6.2.7 Advanced Disposal
6.2.8 Covanta
6.2.9 Hitachi Zosen
6.2.10 Republic Services*
- *List Not Exhaustive
7. FUTURE MARKET TRENDS
8. DISCLAIMER AND ABOUT US
Organic Waste Management Solutions Industry Segmentation
Organic waste management is a process where organic wastes are recycled or converted into other useful matter by different recycling methods. The organic waste management market is segmented by type, service, and geography. By type, the market is segmented into municipal waste, commercial waste, and industrial waste. By service, the market is segmented into collection, transportation, and recycling and disposal. By geography, the market is segmented into North America, Europe, Asia-Pacific, South America, and the Middle East and Africa. The report offers market size and forecasts for the Organic waste management market in value (USD) for all the above segments.
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| Industrial Waste |
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| Collection | |
| Transportation | |
| Recycling and Disposal |
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Organic Waste Management Solutions Market Research FAQs
How big is the Organic Waste Management Solutions Market?
The Organic Waste Management Solutions Market size is expected to reach USD 338.04 billion in 2024 and grow at a CAGR of 6.74% to reach USD 499.96 billion by 2029.
What is the current Organic Waste Management Solutions Market size?
In 2024, the Organic Waste Management Solutions Market size is expected to reach USD 338.04 billion.
Who are the key players in Organic Waste Management Solutions Market?
Waste Management Inc., Clean Harbors Inc., Progressive Waste Solution Ltd, Suez Environment, Progressive Waste Solution Ltd and Stericycle are the major companies operating in the Organic Waste Management Solutions Market.
Which is the fastest growing region in Organic Waste Management Solutions Market?
North America is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Organic Waste Management Solutions Market?
In 2024, the Asia Pacific accounts for the largest market share in Organic Waste Management Solutions Market.
What years does this Organic Waste Management Solutions Market cover, and what was the market size in 2023?
In 2023, the Organic Waste Management Solutions Market size was estimated at USD 315.26 billion. The report covers the Organic Waste Management Solutions Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Organic Waste Management Solutions Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Organic Waste Management Solutions Industry Report
Statistics for the 2024 Organic Waste Management Solutions market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Organic Waste Management Solutions analysis includes a market forecast outlook for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
