According to a market report by Lucintel, the future of the global upcycled food product market looks promising with opportunities in the online and offline markets. The global upcycled food product market is expected to reach an estimated $66 billion by 2030 with a CAGR of 5.8% from 2024 to 2030. The major drivers for this market are rising demand for sustainable and eco-friendly products and increasing government spending to develop waste collection systems for food.
A more than 150–page report is developed to understand Trends,
opportunity and forecast in upcycled food product market to 2030 by type (food
& beverages, personal care products, household products, and pet food),
source (food waste, agricultural by products, brewery & distillery waste,
and others), distribution channel (online and offline), and region (North
America, Europe, Asia Pacific, and the Rest of the World).
In this market, food & beverage, personal care product, household
product, and pet food are the major segments of upcycled food product market by
type. Lucintel forecasts that food & beverage is expected to witness the
highest growth over the forecast period.
Within this market, offline is expected to witness the highest growth
over the forecast period.
Download sample by clicking on upcycled
food product market.
North America is expected to witness highest growth over the forecast
period.
Abokichi, Alice & Ambre, ReGrained, The Spare Food, Lost & Found
Distillery, Superfrau, Blue Stripes, Diana'S Bananas, Outcast Foods, and Riff
Cold Brewed are the major suppliers in the upcycled food product market.
This unique research report will enable you to make confident business
decisions in this globally competitive marketplace. For a detailed table of
contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com.
About Lucintel
At Lucintel, we offer solutions for you growth
through game
changer ideas and robust market & unmet
needs analysis. We are based in Dallas, TX and have
been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in
several publications like the Wall Street Journal, ZACKS, and the Financial
Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1 972.636.5056
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