India Commercial Food Waste Decomposer Market Size

Statistics for the 2023 & 2024 India Commercial Food Waste Decomposer market size, created by Mordor Intelligence™ Industry Reports. India Commercial Food Waste Decomposer size report includes a market forecast to 29) and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of India Commercial Food Waste Decomposer Industry

India Commercial Food Waste Decomposer Market Summary
Study Period 2020-2029
Base Year For Estimation 2023
Market Size (2024) USD 620.40 Million
Market Size (2029) USD 656.91 Million
CAGR (2024 - 2029) 1.15 %
Market Concentration Low

Major Players

India Commercial Food Waste Decomposer Market Major Players

*Disclaimer: Major Players sorted in no particular order

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India Commercial Food Waste Decomposer Market Analysis

The India Commercial Food Waste Decomposer Market size is estimated at USD 620.40 million in 2024, and is expected to reach USD 656.91 million by 2029, growing at a CAGR of 1.15% during the forecast period (2024-2029).

Due to the increasing population in India, food waste management is becoming a critical problem. The amount of food waste in India equals the food the whole United Kingdom consumes. Most food waste comes from weddings, canteens, hotels, social and family functions, and households. Since food waste is a horrible issue in India, the government is taking several initiatives to manage food waste, leading to the growth of India's commercial food waste decomposer market.

The rising awareness of consumers on environmental sustainability increases the need for waste management solutions, simultaneously increasing the demand for food waste decomposers. Modern agriculture uses compost on annual crops, perennials, orchards, vineyards, and grasslands to improve soil properties and provide nutrients to the crop, increasing plant growth and conserving water. Food waste decomposing machines convert organic waste into nutrient-rich compost and use it as a natural fertilizer in agriculture.

The increasing public awareness and education campaigns regarding food waste management contributed to the growth of India's commercial food waste decomposer market. Government initiatives promoting sustainable waste management practices also highly influence the market. Hence, these factors created a massive opportunity for India's commercial food waste decomposer market.

India Commercial Food Waste Decomposer Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)