Global Upcycled Food Market

Report Code: FOD135A

Publish Date: Dec 2024

Publisher: BCC Publishing

Category: Food

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Report Highlights

This report presents the global upcycled food market, offering detailed insights into its current scenario and future potential. It includes market projections through 2029, and evaluates the market position of key players.

Report Includes

  • An overview of the current and future potential for upcycled food
  • Analyses of global market trends, with market revenue data for 2023, estimates for 2024, forecasts for 2025 and projected CAGRs through 2029
  • Estimates of the market size and revenue growth prospects, along with a market share analysis by source, ingredient type, end-use application, and region
  • Facts and figures pertaining to the market dynamics, technical advances, regulations and the impact of various macroeconomic factors
  • Insights derived from the Porter’s Five Forces model, as well as a global supply chain and PESTLE analyses
  • Overview of sustainability trends and ESG developments, with emphasis on consumer attitudes, and the ESG scores and practices of leading companies
  • Analysis of the industry structure, including companies’ market shares and rankings, strategic alliances, M&A activities, and a venture funding outlook
  • Profiles of leading companies

Report Scope

This report delves into the global upcycled food markets, using 2023 as a benchmark year and offering projections for the forecast period from 2024 through 2029, with estimations of compound annual growth rates (CAGRs). The market size has been estimated from the supply side. The report covers various aspects, including technological advances, economic factors and business considerations. It also provides insights into the upcycled food market. It outlines market forces impacting the industry, diverse ingredient types and end uses. It delves into the key players whose core business is upcycled food manufacturing within the global market for upcycled food. It elucidates the factors driving market growth and examines regional dynamics influencing the upcycled food market.

Report Synopsis

Report Metrics Details
Base year considered 2023
Forecast period considered 2024-2029
Base year market size $54.3 Billion
Market size forecast $74.8 Billion
Growth rate CAGR of 5.6% from 2024 to 2029
Units considered $ Millions
Segments covered By Source, Ingredient Type, End-use Application, and Region
Regions covered North America, Europe, Asia-Pacific, South America, the Middle East and Africa (MEA)
Key Market Drivers
  • Food waste reduction as a key driver.
  • Capitalizing on the growing consumer awareness of sustainable practices.
  • Emerging consumer trends in sustainable eating habits.
  • Innovations in food technology supporting upcycling.
Companies studied
DIANA'S BANANAS LLC.MATRIARK FOODS
OISIX RA DAICHI INC.RENEWAL MILL
RUBIES IN THE RUBBLESUPERFRAU
THE SPARE FOOD CO.THE SPENT GOODS CO.
TOASTTREASURE8 (NUTRI8)
UPCYCLED FOODS INC.
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Frequently Asked Questions (FAQs)

The estimated market size of the upcycled food market will be $74.8 billion by 2029, with a CAGR of 5.6%.
  • Rising consumer demand for sustainable and eco-friendly products.
  • Increasing awareness of food waste issues.
  • The growing interest in circular economy practices.
  • Supportive government regulations and incentives.
  • Innovations in food upcycling technologies.
  • Expanding partnerships with food and beverage companies.
  • Enhanced focus on corporate sustainability goals.
  • Nutritional benefits of upcycled ingredients.
The upcycled food market is segmented based on source, end-use, ingredient type, and region. Segmentation is based on the source; the market is segmented into industrial and residential food waste, agricultural by-products, brewery and distillery waste, and other sources. The market is segmented based on end-use into food and beverages, animal feed and pet food, personal care products, household products, other end-uses, and other end-users. Based on ingredient type, the upcycled food market is segmented into fruits and vegetables, grains and cereals, dairy and eggs, meat and poultry, and other ingredient types. Regional estimates and forecasts comprise North America, Europe, Asia-Pacific, South America, the Middle East, and Africa.
The vegetables upcycled food segment will continue to dominate the market by the end of 2029.
North America is expected to dominate the market, with a CAGR of 5.9%, reaching $30.4 billion by 2029. North America is a pioneer in the upcycled food market, driven by growing consumer awareness about sustainability and food waste reduction. The United States and Canada are vital contributors to this region’s growth.

Analyst Credentials

Kunal R. Nagpure– Consultant-Food & Beverage Research
Kunal Nagpure is an accomplished market researcher with over eight years of experience in the F&B, Environment, and Agriculture markets. He is passionate about using his knowledge to help clients make data-driven decisions and achieve their business objectives. With a keen eye for detail and a strong analytical mindset, Kunal has delivered numerous successful research projects that have enabled clients to gain a competitive edge in their respective markets. Academically, Kunal holds a master’s degree in Marketing and Operations and a bachelor’s degree in Biotech Engineering.

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Table of Contents

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Title/Chapter NamePagesMember Price
Full Report: Global Upcycled Food Market97Free

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Global Upcycled Food Market
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