The Global Household Food Waste Composting Machine Market is expected to reach USD 4,119.3 Million by 2028, growing at a Compound Annual Growth Rate (CAGR) of 6.30% from 2022 to 2028.
The increasing awareness about the benefits get from the product is anticipated to augment the growth of the market during the forecast period.
- Under the Product Type segment for the Household Food Waste Composting Machine market, the 0-50 Kg/Day subsegment dominates the market owing to the presence of a considerable amount of customers here.
- Under the Price segment for the Household Food Waste Composting Machine market, the Medium Price subsegment dominates the market. This is owing to the increase in the adoption of the smaller machines at restaurant chains and hotels and for household purposes. With the increase in the growing food wastage issue, the adoption of food waste recycling machines is likely to witness an increase.
- Asia Pacific is expected to grow at the fastest Compound Annual Growth Rate (CAGR) during the forecast period. The presence of unorganized and small players is anticipated to support the regional growth of the market. Some of the key players in the Household Food Waste Composting Machine market include Bhor Engineering Pvt. Ltd., BioHiTech Global, Emerson Electric Co., K.C.S Engineering Works, KK Balers Ltd., Oklin International Ltd., Reddonatura India Private Limited, Ridan Composting Ltd., Whirlpool Corporation, WISErg Corporation.
A composting machine for organic waste is an independent appliance that speeds up the composting process and produces higher-quality compost. It uses houses and other wastes as a starting material and produces manure as a byproduct. Composting is a process that uses microorganisms in the soil to break down complex organic compounds into simpler ones. Compost is the pathogen-free end result of a breakdown. With the help of a composting machine, any garbage may be composted and turned into usable fertilizer. There are many benefits of a food waste composting machine, such as fast processing. The machine takes only a few hours to complete the process. It has no pollution, it has no wastage of water, it is completely odorless, and it has no toxic characteristics. It can be operated by one person only. It is fully automatic. It also minimized the need for other activities towards environmental waste treatment methods. It also lowers the operation expense and requires little space. In this machine, the pasteurization process is used to kill the pathogen. Compost works to prevent erosion, minimize runoff, and grow plants by retaining a significant amount of water. By holding contaminants including heavy metals, nitrogen, phosphate, oil and grease, fuels, herbicides, and pesticides, compost enhances downstream water quality.
North America held the largest shares in 2021. In the region, the U.S. held the largest share in the Household Food Waste Composting Machine market. This is owing to people’s changing preferences to purchase the organic food composting machine for a fertilizer that can help in their gardening and recycling activity taken in this region is anticipated to support the regional growth of the market.
Maeko devised a machine that smashes food waste and makes bio-organic compost in an anaerobic atmosphere that is ready to use within a day. It also employs a bio-enzyme filtration technology that breaks down all forms of food waste while also removing odors and undesirable smells. In addition, its industrial composters are found in hotels, restaurants, schools, shops, and even private residences.