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Global Upcycled food products Market Size study & Forecast, by Type (Food and beverages, Personal Care Products, Household Products, Pet Food), By Source (Food waste, Agricultural by Products, Brewery and Distillery Waste), By Distribution channel (Online, Offline), and Regional Analysis, 2022-2029

May 2023 | 200 pages | ID: G6B457C0BAB3EN
Bizwit Research & Consulting LLP

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Global Upcycled food products Market is valued at approximately USD 53.7 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 6.2% over the forecast period 2022-2029. Upcycled food products from waste ingredients. These ingredients could be imperfect produce, surplus food from grocery stores or restaurants, or byproducts from food processing. Instead of being discarded, these ingredients are repurposed into new and innovative food products, reducing food waste and creating new sustainable food options. Examples of upcycled food products include granola bars made from spent brewing grains, vegetable chips made from surplus produce, and coffee flour made from discarded coffee cherries. Upcycling is a way to reduce the environmental impact of the food industry by diverting waste from landfills and reducing the need for new resources to create food. The market demand is primarily driven by the factors such as consumers are becoming increasingly aware of the negative impact of food waste on the environment. Upcycling helps to reduce food waste and its associated environmental impact, coupled with Corporate Social Responsibility.

In addition, many upcycled food products are made from whole foods, natural ingredients, and have lower sugar and salt content than traditional processed foods, which appeals to health-conscious consumers and is acting as a major driving factor for market growth. According to Global Wellness Institute, the global wellness sector was estimated at USD 4.9 trillion in 2019 before falling to USD 4.4 trillion in 2020 as a result of the widespread effects of the COVID-19 epidemic, thus, in turn, these factors are likely to escalate the demand for upcycled food products in the global market. Furthermore, Upcycling presents an opportunity for companies to be creative and innovative with their product offerings, creating unique and different food products that stand out in the market, as well as Increasing government activities and expenditures in both developing and developed countries for the development of food waste collection, separation, and upcycling technologies have resulted in a growth in small and medium-sized food waste upcycling businesses are presenting lucrative opportunities for market growth over the forthcoming years. However, competition from traditional food goods is restricting the market growth over the forecast period of 2022-2029.

The key regions considered for the Global Upcycled food products Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the development of e-commerce and online grocery shopping, which has facilitated consumers' access to a larger selection of repurposed food goods. Whereas, Europe is also expected to grow at the highest growth rate over the forecasting period. Factors such as several countries such as Germany, France, and the UK show significant growth potential. The region's strong focus on sustainability and food waste reduction is driving demand for upcycled food products are burgeoning the market growth in the forecasting years.

Major market players included in this report are:
Abokichi Inc,
Blue Circle Foods
US Foods, Inc.
Spare Food Inc.
ReGrained
Blue Stripes Urban Cacao
Lost & Found Distillery
Renewal Mill
Outcast Foods
Leashless Lab.

Recent Developments in the Market:
In June 2022, Renewal Mill, a leader in the recycled food sector, expanded its distribution as a local brand at Whole Foods Northern California this June by introducing six new products at stores across the country. Renewal Mill has spent the last few years commercialising their gluten-free upcycled flours, derived from the nutrient-rich pulps left over when soymilk and oat milk are made, which were named to the Whole Foods Top 10 Trend list in 2021.

Global Upcycled food products Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Type, Source, Distribution channel, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:
Food and beverages
Personal Care Products
Household Products
Pet Food

By Source:
Food waste
Agricultural by Products
Brewery and Distillery Waste

By Distribution channel:
Online
Offline

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
ROLA
Rest of the World

CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
  1.2.1. Upcycled food products Market, by Region, 2019-2029 (USD Billion)
  1.2.2. Upcycled food products Market, by Type, 2019-2029 (USD Billion)
  1.2.3. Upcycled food products Market, by Source, 2019-2029 (USD Billion)
  1.2.4. Upcycled food products Market, by Distribution channel, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL UPCYCLED FOOD PRODUCTS MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Scope of the Study
  2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL UPCYCLED FOOD PRODUCTS MARKET DYNAMICS

3.1. Upcycled food products Market Impact Analysis (2019-2029)
  3.1.1. Market Drivers
    3.1.1.1. Rising awareness towards Health & Wellness.
    3.1.1.2. Corporate Social Responsibility.
    3.1.1.3. Rising Environmental Concerns.
  3.1.2. Market Challenges
    3.1.2.1. Competition from traditional food goods.
  3.1.3. Market Opportunities
    3.1.3.1. Government initiatives and expenditure.
    3.1.3.2. Recent advancements towards innovation and creativity.

CHAPTER 4. GLOBAL UPCYCLED FOOD PRODUCTS MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
  4.3.1. Political
  4.3.2. Economical
  4.3.3. Social
  4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion

CHAPTER 5. RISK ASSESSMENT: COVID-19 IMPACT

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

CHAPTER 6. GLOBAL UPCYCLED FOOD PRODUCTS MARKET, BY TYPE

6.1. Market Snapshot
6.2. Global Upcycled food products Market by Type, Performance - Potential Analysis
6.3. Global Upcycled food products Market Estimates & Forecasts by Type 2019-2029 (USD Billion)
6.4. Upcycled food products Market, Sub Segment Analysis
  6.4.1. Food and beverages
  6.4.2. Personal Care Products
  6.4.3. Household Products
  6.4.4. Pet Food

CHAPTER 7. GLOBAL UPCYCLED FOOD PRODUCTS MARKET, BY SOURCE

7.1. Market Snapshot
7.2. Global Upcycled food products Market by Source, Performance - Potential Analysis
7.3. Global Upcycled food products Market Estimates & Forecasts by Source 2019-2029 (USD Billion)
7.4. Upcycled food products Market, Sub Segment Analysis
  7.4.1. Food waste
  7.4.2. Agricultural by Products
  7.4.3. Brewery and Distillery Waste

CHAPTER 8. GLOBAL UPCYCLED FOOD PRODUCTS MARKET, BY DISTRIBUTION CHANNEL

8.1. Market Snapshot
8.2. Global Upcycled food products Market by Distribution channel, Performance - Potential Analysis
8.3. Global Upcycled food products Market Estimates & Forecasts by Distribution channel 2019-2029 (USD Billion)
8.4. Upcycled food products Market, Sub Segment Analysis
  8.4.1. Online
  8.4.2. Offline

CHAPTER 9. GLOBAL UPCYCLED FOOD PRODUCTS MARKET, REGIONAL ANALYSIS

9.1. Upcycled food products Market, Regional Market Snapshot
9.2. North America Upcycled food products Market
  9.2.1. U.S. Upcycled food products Market
    9.2.1.1. Type breakdown estimates & forecasts, 2019-2029
    9.2.1.2. Source breakdown estimates & forecasts, 2019-2029
    9.2.1.3. Distribution channel breakdown estimates & forecasts, 2019-2029
  9.2.2. Canada Upcycled food products Market
9.3. Europe Upcycled food products Market Snapshot
  9.3.1. U.K. Upcycled food products Market
  9.3.2. Germany Upcycled food products Market
  9.3.3. France Upcycled food products Market
  9.3.4. Spain Upcycled food products Market
  9.3.5. Italy Upcycled food products Market
  9.3.6. Rest of Europe Upcycled food products Market
9.4. Asia-Pacific Upcycled food products Market Snapshot
  9.4.1. China Upcycled food products Market
  9.4.2. India Upcycled food products Market
  9.4.3. Japan Upcycled food products Market
  9.4.4. Australia Upcycled food products Market
  9.4.5. South Korea Upcycled food products Market
  9.4.6. Rest of Asia Pacific Upcycled food products Market
9.5. Latin America Upcycled food products Market Snapshot
  9.5.1. Brazil Upcycled food products Market
  9.5.2. Mexico Upcycled food products Market
  9.5.3. Rest of Latin America Upcycled food products Market
9.6. Rest of The World Upcycled food products Market

CHAPTER 10. COMPETITIVE INTELLIGENCE

10.1. Top Market Strategies
10.2. Company Profiles
  10.2.1. Abokichi Inc.
    10.2.1.1. Key Information
    10.2.1.2. Overview
    10.2.1.3. Financial (Subject to Data Availability)
    10.2.1.4. Product Summary
    10.2.1.5. Recent Developments
  10.2.2. Blue Circle Foods
  10.2.3. US Foods, Inc.
  10.2.4. Spare Food Inc.
  10.2.5. ReGrained
  10.2.6. Blue Stripes Urban Cacao
  10.2.7. Lost & Found Distillery
  10.2.8. Renewal Mill
  10.2.9. Outcast Foods
  10.2.10. Leashless Lab.

CHAPTER 11. RESEARCH PROCESS

11.1. Research Process
  11.1.1. Data Mining
  11.1.2. Analysis
  11.1.3. Market Estimation
  11.1.4. Validation
  11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption
LIST OF TABLES

TABLE 1. Global Upcycled food products Market, report scope
TABLE 2. Global Upcycled food products Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Upcycled food products Market estimates & forecasts by Type 2019-2029 (USD Billion)
TABLE 4. Global Upcycled food products Market estimates & forecasts by Source 2019-2029 (USD Billion)
TABLE 5. Global Upcycled food products Market estimates & forecasts by Distribution channel 2019-2029 (USD Billion)
TABLE 6. Global Upcycled food products Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 7. Global Upcycled food products Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Upcycled food products Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Upcycled food products Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Upcycled food products Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Upcycled food products Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Upcycled food products Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Upcycled food products Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Upcycled food products Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. Global Upcycled food products Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. U.S. Upcycled food products Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 17. U.S. Upcycled food products Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 18. U.S. Upcycled food products Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 19. Canada Upcycled food products Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 20. Canada Upcycled food products Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 21. Canada Upcycled food products Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 22. UK Upcycled food products Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 23. UK Upcycled food products Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 24. UK Upcycled food products Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 25. Germany Upcycled food products Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 26. Germany Upcycled food products Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 27. Germany Upcycled food products Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 28. France Upcycled food products Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 29. France Upcycled food products Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 30. France Upcycled food products Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 31. Italy Upcycled food products Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 32. Italy Upcycled food products Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 33. Italy Upcycled food products Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 34. Spain Upcycled food products Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 35. Spain Upcycled food products Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 36. Spain Upcycled food products Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 37. RoE Upcycled food products Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 38. RoE Upcycled food products Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 39. RoE Upcycled food products Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 40. China Upcycled food products Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 41. China Upcycled food products Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 42. China Upcycled food products Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 43. India Upcycled food products Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 44. India Upcycled food products Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 45. India Upcycled food products Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 46. Japan Upcycled food products Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 47. Japan Upcycled food products Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 48. Japan Upcycled food products Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 49. South Korea Upcycled food products Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 50. South Korea Upcycled food products Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 51. South Korea Upcycled food products Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 52. Australia Upcycled food products Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 53. Australia Upcycled food products Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 54. Australia Upcycled food products Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 55. RoAPAC Upcycled food products Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 56. RoAPAC Upcycled food products Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 57. RoAPAC Upcycled food products Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 58. Brazil Upcycled food products Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 59. Brazil Upcycled food products Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 60. Brazil Upcycled food products Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 61. Mexico Upcycled food products Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 62. Mexico Upcycled food products Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 63. Mexico Upcycled food products Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 64. RoLA Upcycled food products Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 65. RoLA Upcycled food products Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 66. RoLA Upcycled food products Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 67. Row Upcycled food products Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 68. Row Upcycled food products Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 69. Row Upcycled food products Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 70. List of secondary sources, used in the study of global Upcycled food products Market
TABLE 71. List of primary sources, used in the study of global Upcycled food products Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
LIST OF FIGURES

FIG 1. Global Upcycled food products Market, research methodology
FIG 2. Global Upcycled food products Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Upcycled food products Market, key trends 2021
FIG 5. Global Upcycled food products Market, growth prospects 2022-2029
FIG 6. Global Upcycled food products Market, porters 5 force model
FIG 7. Global Upcycled food products Market, pest analysis
FIG 8. Global Upcycled food products Market, value chain analysis
FIG 9. Global Upcycled food products Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Upcycled food products Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global Upcycled food products Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global Upcycled food products Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global Upcycled food products Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global Upcycled food products Market, regional snapshot 2019 & 2029
FIG 15. North America Upcycled food products Market 2019 & 2029 (USD Billion)
FIG 16. Europe Upcycled food products Market 2019 & 2029 (USD Billion)
FIG 17. Asia Pacific Upcycled food products Market 2019 & 2029 (USD Billion)
FIG 18. Latin America Upcycled food products Market 2019 & 2029 (USD Billion)
FIG 19. Global Upcycled food products Market, company Market share analysis (2021)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable


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