Residential Food Waste Disposer Market to Reach US$ 3.5 Billion by 2031

WILMINGTON, DE / ACCESSWIRE / November 18, 2022 / Transparency Market Research Inc. - Eco-friendly appliances used for managing residential kitchen waste present a vast value-grab opportunity for many food waste disposers manufacturers. A recent residential food waste disposer's market report by TMR analysts found that governments in numerous countries are undertaking initiatives to manage residential food waste sustainably. Of note, in emerging economies, the food waste disposers market dynamics underscores growing trend of uptake of organic waste disposal methods in kitchens.

The global residential food waste disposer market is projected to expand at a CAGR of 5.8% from 2022 to 2031 (the forecast period of the study). Over the years, commercialization of technologically advanced appliances and use of composting methods for managing kitchen waste are fuelling the food waste disposers industry share in the overall waste management industry. Emphasis on environmentally sustainable food waste recycling and reuse techniques will open up revenue possibilities in next few years, highlighted recent food waste disposers market dynamics.

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Key Findings of Residential Food Waste Disposer Market Study

Demand for Organic Food Waste Management Systems Creates Lucrative Avenues: Organic food waste management methods and technologies are generating massive attention among residential users, thus opening up lucrative avenues for new technologies in the market. Especially in emerging economies, manufacturers are expected to reap substantial revenue gains in the next few years by commercializing innovative products. This is fueled by growing application of technologically advanced garbage disposal units in residential kitchens. On the other hand, they are constantly improvising sink garbage disposal appliances to compost variety of waste generated, with focus on motors capacity.

Emphasis on Wastewater Reuse and Recycling Fueling Demand: The residential food waste disposer market is witnessing new opportunities, pivoting on focus of various industry stakeholders in raw/wastewater treatment and drainage. Governments' initiatives to promote efficient recycling and waste management practices are also catalyzing advancements in kitchen wastewater treatment methods. Wastewater generated is recycled and reused for agricultural application and other commercially important products such as biofuels. Thus, expansion of wastewater plants in developing and developed nations is unlocking enormous avenue.

Key Drivers

Steadily expanding residential construction sector globally is a key driving factor for growth of the waste management market size. The trend is expanding the revenue potential of the residential food waste disposer market.

Growing initiatives by governments toward reducing food wastage reinforce demand for methods to improving food waste management at homes.

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Residential Food Waste Disposer Market: Regional Growth Dynamics

North America is anticipated to hold a major market share globally during the forecast period. The growth is spurred by rapidly expanding residential construction industry in the region. Increasing implementation of large-scale policies and programs notably in the U.S. to manage food waste is fueling the growth opportunities.

Asia Pacific market is projected to expand at the leading growth rate during the forecast period. Organic waste treatment practices are underpinning the revenue streams. The competition landscape is enriched by the presence of several prominent manufacturers in the regional market.

Competition Landscape

Introduction of cutting-edge technologies is one of the key growth strategies implemented by firms in residential food waste disposer to stay ahead of the curve. Manufacturers are leaning on developing and launching products that cater to the latest government policies for the wastewater treatment industry.

Some of the key market players are Bahn International Limited, Joneca Corporation, Whirlpool Corporation, Waste King, Moen Incorporated, Hindware Home Innovation Limited, GE Appliances, Franke Group, Emerson Electric Co., and BLANCO Group.

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Residential Food Waste Disposer Market Segmentation

Type

Continuous Feed

Batch Feed

Grinding Stage

Single Stage

Multi Stage

Grinding Chamber Capacity

Less than 800ml

800 - 1000ml

1001 - 1200ml

Above 1200ml

By Power

0 - 0.5 HP

0.55 - 1 HP

Above 1 HP

Price (US$)

0 - 100

101 - 200

Above 200

Distribution Channel

Online

E-commerce Websites

Company-owned Websites

Offline

Supermarkets/Hypermarkets

Specialty Stores

Retail Stores

Region Covered

North America

Europe

Asia Pacific

Middle East & Africa

South America

Countries Covered

U.S.

Canada

Germany

U.K.

France

Japan

China

India

GCC

South Africa

Brazil

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