Market Trends of India Commercial Food Waste Decomposer Industry
Growing Food Service Industry Drives the Market
Food waste is a concern in India that impacts economic, social, and environmental elements. According to the Food and Agriculture Organization (FAO) survey, the food made for human consumption is wasted by one-third every year, which results in a loss of resources like land, water, energy, labor, and capital. In India, the restaurant industry is one of the significant contributors to food waste.
QSR businesses look forward to sustainability because fast-food chains want to reduce their carbon footprint to support the environment. Composting is one of the easiest ways for QSRs to minimize waste and helps businesses to stay green. Therefore, composting helps reduce waste in landfills; thus, the growing food service industry drives India's commercial food waste decomposer market.
Increasing Environmental Concerns Drive the Market
In India, food waste management is a crucial environmental concern that impacts socio-economic aspects. Due to factors such as increasing urbanization, modernization, and population, the amount of food waste in Indian cities and towns is increasing. Poor management of food waste harms the environment and raises public health issues. The government's rules and policies help India manage food waste as an environmental concern.
Food waste generation is increasing daily from diverse industrial, agricultural, commercial, domestic, and other sources due to changing lifestyles and the fast urbanization of the population. Food waste also leads to significant loss of resources like water, land, workforce, and energy. Therefore, increasing environmental concerns lead to the growth of India's commercial food waste decomposer market.