From Kitchen to Disposal: The Growing Demand for Food Waste Disposers
The global food waste disposer market is poised for substantial growth, fueled by various factors including the increasing demand in hotels and restaurants for convenient waste management solutions. According to the latest market research report, the market is projected to grow at a CAGR of approximately 6.2% during the forecast period of 2023-2028. Key Findings: - Market Growth: The global food waste disposer market is forecasted to grow steadily at a CAGR of 6.2% during 2023-2028. - Market Drivers: The growth is primarily driven by the rising demand for food waste disposers in commercial establishments such as hotels and restaurants. - Prominent Players: Leading companies in the market include Emerson Electric Co., Franke Group, Haier, and more. - Regional Insights: North America is expected to dominate the market, with significant adoption rates driven by factors such as urbanization and government initiatives promoting waste management. Market Overview: Food wa...