Global Food Waste-Derived Products Market to Hit USD 98.99 Billion by 2035, Driven by Sustainability Push

Food Waste-Derived Products

The global Products from Food Waste Market is set to witness significant growth in the coming years, driven by increasing sustainability efforts and advancements in food waste valorization. The market is projected to be valued at USD 60,769.8 million in 2025 and is expected to reach USD 98,987.6 million by 2035, expanding at a CAGR of 5.0% during the forecast period from 2025 to 2035.

As food waste continues to be a major global issue, governments, businesses, and consumers are seeking innovative solutions to repurpose surplus and discarded food. The transformation of food waste into valuable products such as biofuels, animal feed, bioplastics, and cosmetic ingredients is gaining traction, promoting a circular economy approach.

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Key Trends in the Products from Food Waste Market

• Growing Circular Economy Initiatives – Governments and organizations worldwide are increasingly promoting circular economy models, encouraging businesses to convert food waste into useful products.

• Advancements in Bioprocessing Technologies – Innovations in biotechnology are enabling more efficient extraction of nutrients and bioactive compounds from food waste, enhancing the production of high-value products.

• Surging Consumer Demand for Sustainable Products – Eco-conscious consumers are driving demand for food waste-derived goods, particularly in the beauty, food & beverage, and packaging industries.

• Rising Investments and Partnerships – Major corporations and startups are investing in food waste utilization technologies, forming strategic collaborations to enhance market reach.

Industry Developments

• March 2024: A leading food waste upcycling company partnered with a global retailer to introduce a new range of snacks made from surplus produce, reducing landfill waste.

• July 2023: Researchers in Europe developed a cost-effective method to convert fruit peels into biodegradable packaging materials, providing an alternative to conventional plastics.

• November 2022: A U.S.-based startup launched protein-rich animal feed sourced from food processing waste, contributing to sustainable livestock farming.

Key Takeaways from the Market Report

• The United States is expected to dominate the market, reaching USD 27,923.7 million by 2035, driven by strong government policies and corporate sustainability initiatives.
• Germany will remain a key player in Europe, projected to be valued at USD 4,731.0 million by 2035, owing to its robust waste management infrastructure.
• China and India are emerging as high-potential markets, with increasing investments in food waste recycling technologies.
• The cosmetics, food & beverage, and animal feed industries are among the largest adopters of food waste-derived products.

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Economic Advantages for Manufacturers

Companies are increasingly recognizing the financial benefits of repurposing food waste. By converting discarded food into valuable goods, businesses can minimize disposal costs while generating new revenue streams. This dual advantage is encouraging manufacturers across various industries to invest in food waste recycling technologies.

Growing Consumer Awareness and Ethical Consumption Trends

Modern consumers are prioritizing sustainability and ethical sourcing when making purchasing decisions. Products derived from food waste align with these values, making them an attractive choice for environmentally conscious buyers. This shift in consumer behavior is fueling market expansion, particularly in sectors such as personal care, nutrition, and packaging.

Government Regulations and Sustainability Goals

Several countries have introduced strict regulations aimed at reducing food waste and promoting sustainable production practices. Financial incentives, waste reduction targets, and policies supporting circular economy principles are playing a crucial role in driving market growth.

Regional Market Insights

• North America is expected to lead the market, supported by strong regulatory frameworks, corporate sustainability programs, and increasing consumer demand for upcycled products.
• Europe will witness substantial growth due to government-backed initiatives focused on food waste reduction and recycling. Countries like Germany and France are investing heavily in food waste valorization projects.
• Asia-Pacific is emerging as a fast-growing market, particularly in China and India, where rising awareness of food waste management and technological advancements are creating new opportunities.
• Latin America and the Middle East & Africa are gradually adopting food waste utilization strategies, with potential growth in the agriculture and biofuel sectors.

Competitive Landscape

The Products from Food Waste Market is becoming increasingly competitive, with established companies and startups exploring innovative ways to commercialize food waste. Key players are focusing on research and development, strategic collaborations, and product diversification to strengthen their market presence.

Major Companies in the Market:

• Aeropowder
• Bio-bean Ltd.
• Circular Systems S.P.C.
• Fruitcycle
• GroCycle
• Jrink Juicery
• Misfit Foods
• ReGrained, LLC
• Rise Products
• Rubies in the Rubble
• Snact Ltd.
• Toast Ale Ltd.
• Others

With growing emphasis on sustainability, the industry is expected to witness more investments, partnerships, and technological advancements in the years ahead.

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Key Segments of the Report

By Source:
This segment is further categorized into Mangoes, Apples, Grapes, Citrus Fruits, Carrots, Beetroot, Berries and Others.

By End User:
This segment is further categorized into Food Processing, Beverage Processing, Cosmetics & Personal Care, Dietary Supplements & Nutraceuticals, Animal Feed and Others.

By Region:
Industry analysis has been carried out in key countries of North America, Latin America, Eastern Europe, Western Europe, East Asia, South Asia & Pacific, Central Asia, Balkan and Baltic Countries, Russia & Belarus and the Middle East & Africa.

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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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