10 August 2016

Africa: Innovative Upcycling of Food Waste Expands Opportunities for Food Waste Management

press release

London — Key emerging opportunities will be in the conversion of food waste to products such as plastics, fruit juices, food ingredients, and liquid fuels, finds Frost & Sullivan

The concept of food waste management (FMW) has gained traction with the declaration of food waste reduction as a target in the UN Sustainable Development Goals in 2015. Countries across the globe are showing greater interest in reducing as well as managing food wastage. The present gap between the amount of food waste generated globally and the number of storage and recycling facilities in operation translates to significant opportunities for the development of effective FWM technologies.

New analysis from Frost & Sullivan, Emerging Trends and Opportunities in Food Waste Management (http://www.frost.com/sublib/display-report.do?id=D6D8-01-00-00-00&src=PR), finds that policies favouring food waste reduction in Europe and North America and the setting of global targets greatly aid the development of FWM technologies. The most popular methods for FWM at present are composting and anaerobic digestion. However, they do not help salvage unspoilt food from the food waste. These processes can also be energy intensive, substantially reducing the overall environmental benefits of FWM.

For complimentary access to more information on this research, please visit: http://corpcom.frost.com/forms/EU_PR_AZanchi_D6D8_20JUL16

"Currently, there is a demand for technologies that can convert food unfit for human consumption to animal feed," said TechVision Research Analyst Lekshmy Ravi. "Technology developers are simultaneously working on repackaging or repurposing food waste to food for human consumption using less energy-intensive solutions and employing novel management models."

There are considerable research and industry initiatives for the conversion of food waste to products such as plastics, fruit juices and food ingredients. Additionally, innovative FWM companies are trying to convert food waste to valuable products such as liquid fuels.

While technology developers are looking to eliminate inefficiencies in FWM, it is also necessary to form strategic partnerships along the various links of the food supply chain. These synergies can help improve the efficiency of FWM and facilitate the exchange of technologies and techniques.

"Eventually, companies are likely to adopt models that enable the efficient and cost-effective extraction of valuable products from food waste," noted Ravi. "Overall, key emerging opportunities are expected to be in the extraction of edible ingredients from food waste, conversion of misshapen fruits to saleable products, and conversion of byproducts from food production."

Emerging Trends and Opportunities in Food Waste Management, part of the TechVision subscription, offers a detailed account of FWM's global trends. It discusses various solutions for FWM and studies the various pathways that could be adopted, as well as innovative technology and management solutions. Our expert analysts have identified emerging business models for FWM and employed Porter's Five Forces to analyse the various FWM pathways.

Frost & Sullivan's global TechVision practice is focused on innovation, disruption and convergence and provides a variety of technology based alerts, newsletters and research services as well as growth consulting services. Its premier offering, the TechVision program, identifies and evaluates the most valuable emerging and disruptive technologies enabling products with near-term potential. A unique feature of the TechVision program is an annual selection of 50 technologies that can generate convergence scenarios, possibly disrupt the innovation landscape, and drive transformational growth. View a summary of our TechVision program by clicking on the following link: http://ifrost.frost.com/TechVision_Demo.

Frost & Sullivan Frost & Sullivan, the Growth Partnership Company

About Frost & Sullivan Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact

Anna Zanchi Corporate Communications - Europe P: +39.02.4851 6133 E: anna.zanchi@frost.com http://www.frost.com

Africa

East Africa's Trade Deal With Europe Buckles

Negotiations between the European Union (EU) and African countries for Economic Partnership Agreements (EPAs) have… Read more »

Copyright © 2016 PR Newswire. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 700 reports a day from more than 140 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.