One of the major challenges posed to vegetable waste products market is to invent or produce eatables that are fit for humans as well. The research and development department is currently trying to focus to obtain nutraceuticals, phytochemical and other therapeutic compounds from the vegetable leftover peels, skin, seed, etc. which could be a breakthrough vegetable waste products market.
Vegetable Waste Products Market: Regional Analysis:
India is the second largest producer of fruits and vegetables reportedly wasting about 18% of its produce – valued at Rs 13,300 crore annually, according to the Central Institute of Post-Harvest Engineering and Technology (CIPHET). The manufacturers can thus expect inclination in vegetable waste products market in the Asia-Pacific region.
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According to U.S Energy Information Administration, the gasoline consumption in the year 2018, revealed the United States to be utilizing 142.86 billion gallons in the year 2018. This indicates there could be an opportunity for an increase in demand for bioethanol which is a vegetable waste product in northern America region. The world cattle was approximately noted as 1.4 billion head in 2018, where Brazil led by 14%, followed by India 12% and China 7% by Food and Agricultural Organization of the United Nations (FAO). This shows the demand for vegetable livestock feed could be escalated at a globally. Hence increasing the vegetable waste products market.
Vegetable Waste Products Market: Key Participants
Few key market players in the vegetable waste products market are: Italpollina S.p.A. Coromandel International Limited ILSA S.p.A. Sigma AgriScience, LLC California Organic Fertilizers, Inc. BioGasol ApS SEKAB Biofuel Industries AB
PulpPantry a startup established in 2015, has surprisingly transformed vegetable wastes along with fruit wastes to a human consumable snack, making it a breakthrough example of vegetable waste product and generating more than $500 million in sales worldwide.
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The scale of vegetable waste products manufacturers, however, needs to be expanded, globalized and optimized this would in return not only enhance the vegetable waste product market but as well open up new and unexplored segments of the market.
The research report presents a comprehensive assessment of the vegetable waste products market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as nature, flavour, and sales channel
The report covers exhaustive analysis on: Vegetable Waste Products Market Segments Market Dynamics Market Size Supply and Demand Current Trends/Issues/Challenges pertaining to vegetable waste products market Competition Landscape and Emerging Market Participants in vegetable waste products market Technology related to Production/Processing of vegetable waste products Value Chain Analysis of the vegetable waste products market
The regional analysis includes: North America (U.S., Canada) Latin America (Mexico, Brazil) Europe (Germany, U.K., France, Italy, Spain, Poland, Russia) East Asia (China, Japan, South Korea) South Asia (India, Thailand, Malaysia, Vietnam, Indonesia) Oceania (Australia, New Zealand) Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on vegetable waste products market segments and geographies.
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