What is Organic Waste Converter Machine?
Organic waste is nothing but unwanted material created from day to day activities. It is generated from the room, house, office, canteens, etc. Disposal of waste in the open may have hazardous impacts on the environment. Waste cannot be left as it is and therefore it is quite obvious that it is needed to be disposed in the most sustainable, economical, and eco-friendly manner. To segregate the waste the organic waste converter machines are used. These machines use the composition process to convert the organic waste into culture media that can be further used as compost in gardens. As per a survey of the Food and Agriculture Organization (FAO) of the United Nations, approximately 1.3 billion tons of food is wasted on an annual basis. Hence to recycling massive quantities of food the demand for organic waste converter machine is expected to boost in upcoming years.
The market study is broken down by Type (Fully Automatic and Semi-Automatic) and major geographies with country level break-up.
The global organic waste converter machine market is fragmented due to the presence of regional and global manufacturers. The level of competition among the companies in the organic waste converter machine market is intense and manufacturers focus on developing new technologies and offering customized products to the customers. In the coming years, manufacturers will also develop new partnerships to spread their product reach to more customers globally. Research Analyst at AMA estimates that Manufacturers from Asian Countries will contribute to the maximum growth of Global Organic Waste Converter Machine market throughout the predicted period.
BioHiTech Global (United States), Emerson Electric Co. (United States), KCS Engineering (India), Oklin International (Hong Kong), Enic Co Limited (South Korea), Hungry Giant Recycling (United States), Weimar Enterprise Sdn Bhd (Malaysia), IMC WasteStation (United Kingdom), Excel Industry Co. LLC (United Arab Emirates), Mentari Alam Eko (M) Sdn Bhd (Malaysia), Nachiket Engineering Pvt. Ltd. (India), Greenviron India (India), Ecoman Envio Solutions Pvt. Ltd. (India), Earth Care Equipments Private Limited (India), Organic Waste Compost Machine (India) and Taizhou Dengshang Mechanical & Electrical Co., Ltd (China) are some of the key players that are part of study coverage.
AdvanceMarketAnalytics has segmented the market of Global Organic Waste Converter Machine market by Type, Application and Region.
On the basis of geography, the market of Organic Waste Converter Machine has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Waste Type, the sub-segment i.e. Vegetables will boost the Organic Waste Converter Machine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Capacity, the sub-segment i.e. Upto 100 KG/Day will boost the Organic Waste Converter Machine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel , the sub-segment i.e. Direct to Customer Channel will boost the Organic Waste Converter Machine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Usage Level, the sub-segment i.e. Industrial Level will boost the Organic Waste Converter Machine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End Use, the sub-segment i.e. Residential Buildings will boost the Organic Waste Converter Machine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material, the sub-segment i.e. Mild Steel will boost the Organic Waste Converter Machine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
In May 2019, Emerson’s Grind2Energy was used by McCormick Place, a North America’s largest convention center and venue for the annual National Restaurant Association Show. This machined was installed with the aim to convert food waste into renewable energy through anaerobic digestion.
In 2018, the European Parliament backed a law to reduce half of the food waste by 2030, as a part of its ‘Circular Economy Package’ framework consisting of recycling targets. Such initiatives are highly likely to play a vital role in pushing the global demand for food waste recycling machine by a notable margin.
- Trend for Eco-friendly Organic Waste Recycling
- Ease to Covert Large Quantity of Solid Waste into To Fertilizer
- Increasing Amount Daily Waste in Industries
- Demand for Fully Automatic Organic Waste Converter Machine
- Less Processing Time Compared to Manual Waste Converting Process
- Need Less Manpower and Maintenance
- Availability of Counterfeit Products
New product launches will be the key strategy for the leading companies operating in the organic waste converter machine market. The Asia Pacific manufacturers will contribute to the maximum market growth throughout the predicted period.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Organic Waste Converter Machine Manufacturer, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End Use Industry
During this study the evaluation and validation of the market size is done through various sources including primary and secondary analysis. AMA Research & Media follows industrial and regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
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