Food Waste Composting Machine Market Insights Video
According to Cognitive Market Research, the global Food Waste Composting Machine market size will be USD 104581.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 7.00% from 2024 to 2031.
North America was the major market, accounting for more than 40% of global revenue. Its market size was USD 41832.48 million in 2024, and it will grow at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 31374.36 million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD 24053.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.0%from 2024 to 2031.
Latin America's market will account for more than 5% of global revenue and have a market size of USD 5229.06 million in 2024. It will grow at a compound annual growth rate (CAGR) of 6.4% from 2024 to 2031.
The Middle East and Africa held the major markets, accounting for around 2% of the global revenue. The market was USD 2091.62 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.7% from 2024 to 2031.
The direct distribution channel held the highest Food Waste Composting Machine market revenue share in 2024
