Upcycled food products Market By Type, By Source, By Distribution Channel : Global Opportunity Analysis and Industry Forecast, 2021-2031

List of Tables

The upcycled food products market size was $53,716.68 million in 2021 and is expected to reach $97,009.21 million by 2031, registering a CAGR of 6.2% from 2022 to 2031.

Upcycled food products can be defined as environmentally friendly foods containing safe ingredients that otherwise would not have gone to human consumption such as damaged food produce, by-products and scraps from food preparation. Future research should assess the consumers. Upcycled food products are created using sustainable and ethical methods that reduce food waste and promote the circular economy. The market includes a wide range of products, such as snacks, bakery products, beverages, condiments, and pet food, among others.

The upcycled food products market is projected to fueled by growing consumer health concerns. The demand for upcycled food products has increased as consumer health concerns have increased. The advantages of consuming wholesome, eco-friendly, and sustainably produced foods are becoming more and more apparent to consumers. In place of being thrown away, they are searching for culinary products manufactured from ingredients that have been upcycled and given a new life. Foods that have been upcycled from waste or byproducts provide a solution to the growing problem of food waste and the demand for more sustainable food systems.

The North America upcycled food products market held the major share in 2021 and is expected to grow on a significant CAGR during the forecast period. The demand for upcycled food products in North America is rising as the rise of e-commerce and online grocery shopping, which has made it easier for consumers to access a wider range of upcycled food products. There has been a push by some governments and organizations in North America to reduce food waste, which has helped to promote the use of upcycled ingredients in food production. There are several governments and organizations in North America that have been working to reduce food waste. For instance, The U.S. Environmental Protection Agency (EPA) has a food recovery hierarchy that promotes source reduction, food donation, and composting as ways to reduce food waste. In Canada, the National Zero Waste Council has developed a food waste reduction strategy that includes a target of reducing food waste by 50% by 2030.

Moreover, in the present scenario, Companies are using product differentiation to meet the changing preferences and needs of consumers. For example, some companies are developing upcycled food products that cater to specific dietary needs, such as gluten-free or vegan options. Overall, the market for upcycled food products is growing and providing opportunities for major players in part due to product differentiation. Businesses who can differentiate their goods and adapt to changing consumer demands and tastes will succeed in this quickly expanding sector.

Additionally, Online sales enable businesses to reach a wider clientele, including people in rural areas who might not otherwise have access to products made from upcycled food. Due to consumers' ease of access to internet search engines and marketplaces to readily locate and buy upcycled food products, online shopping gives businesses a greater opportunity to reach potential clients. Online retail makes it simpler for customers to buy upcycled food goods because they can do so without leaving their homes and without having to travel to a store. Overall, the upcycled food products market is experiencing tremendous growth with the advent of e-commerce and online retail.

However, one of the main things preventing the market for upcycled food products from expanding is perception problems. Some people still think that upcycled food products are inferior to regular food products or of lower quality, and they may have doubts about their safety and quality. Additionally, some consumers might not be aware of the advantages that upcycled food products have for the environment or know why they are more valuable than conventional food products. The market for upcycled food products may see growing challenges as a result of this lack of awareness.

The upcycled food products market is segmented on the basis of type, source, distribution channel, and region. Based on type, the market is classified into food and beverages processing, personal care products, Household products, and pet food. Further, food and beverages processing segment is classified into bakery and snacks, drinking beverages, dairy products. Based on source, the market is classified into food waste, agricultural by products, and brewery and distillery waste. Based on distribution channel, the market is classified into online and offline. Region wise, it is analyzed across North America (U.S., Canada, Mexico), Europe UK, Germany, France, Netherlands, Italy, Spain, Russia, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, New Zealand, South Korea, Philippines, and Rest of Asia-Pacific), and LAMEA (Brazil, Argentina, UK, South Africa, and Rest of LAMEA).

The major players operating in the market focus on key market strategies, such as mergers, product launches, acquisitions, collaborations, and partnerships. They have been also focusing on strengthening their market reach to maintain their goodwill in the ever-competitive market. Some of the key players in the upcycled food products market include Rebon, Abokichi, Diana's, Blue Circle Foods, Riff, US Foods, The Spare Food Co., ReGrained, Blue Stripes Urban Cacao, GoodSport Nutrition, Agricycle Global, SUPERFRAU, Lost & Found Distillery, and Leashless Lab.

Key Benefits For Stakeholders

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the upcycled food products market analysis from 2021 to 2031 to identify the prevailing upcycled food products market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the upcycled food products market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global upcycled food products market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Type

Food and beverages
- Food and beverages sub type
- Bakery and Snacks
- Drinking Beverages
- Dairy products
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
- Mexico
Europe
- UK
- Germany
- France
- Netherlands
- Italy
- Spain
- Russia
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- New Zealand
- South Korea
- Philippines
- Rest of Asia-Pacific
LAMEA
- Brazil
- Argentina
- UAE
- South Africa
- Rest of LAMEA

Key Market Players:

Diana's Bananas, LLC.
Outcast Foods
The Spare Food Co.
Blue Stripes LLC.
Superfrau
Lost & Found Distillery, Inc.
Abokichi
Riff Cold Brewed
ReGrained
Alice & Ambre Inc.

Product Code: A53592

CHAPTER 1: INTRODUCTION

1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO Perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
3.3. Porter's five forces analysis
- 3.3.1. Bargaining power of suppliers
- 3.3.2. Bargaining power of buyers
- 3.3.3. Threat of substitutes
- 3.3.4. Threat of new entrants
- 3.3.5. Intensity of rivalry
3.4. Market dynamics
- 3.4.1. Drivers
  - 3.4.1.1. Rising Cost of Raw Materials
  - 3.4.1.2. Growing Consumer Health Concerns
  - 3.4.1.3. Technological Advancements

3.4.2. Restraints
- 3.4.2.1. Limited availability
- 3.4.2.2. Perception issues regarding upcycled food products

3.4.3. Opportunities
- 3.4.3.1. Rising demand for plant-based and vegan diets
- 3.4.3.2. Product differentiation

3.5. COVID-19 Impact Analysis on the market
3.6. Value Chain Analysis

CHAPTER 4: UPCYCLED FOOD PRODUCTS MARKET, BY TYPE

4.1. Overview
- 4.1.1. Market size and forecast
4.2. Food and beverages
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
- 4.2.4. Food and beverages Upcycled food products Market by Food and beverages sub type
  - 4.2.4.1. Bakery and Snacks Market size and forecast, by region
  - 4.2.4.2. Bakery and Snacks Market size and forecast, by country
  - 4.2.4.3. Drinking Beverages Market size and forecast, by region
  - 4.2.4.4. Drinking Beverages Market size and forecast, by country
  - 4.2.4.5. Dairy products Market size and forecast, by region
  - 4.2.4.6. Dairy products Market size and forecast, by country
4.3. Personal Care Products
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
4.4. Household Products
- 4.4.1. Key market trends, growth factors and opportunities
- 4.4.2. Market size and forecast, by region
- 4.4.3. Market share analysis by country
4.5. Pet Food
- 4.5.1. Key market trends, growth factors and opportunities
- 4.5.2. Market size and forecast, by region
- 4.5.3. Market share analysis by country

CHAPTER 5: UPCYCLED FOOD PRODUCTS MARKET, BY SOURCE

5.1. Overview
- 5.1.1. Market size and forecast
5.2. Food waste
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
5.3. Agricultural by Products
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
5.4. Brewery and Distillery Waste
- 5.4.1. Key market trends, growth factors and opportunities
- 5.4.2. Market size and forecast, by region
- 5.4.3. Market share analysis by country

CHAPTER 6: UPCYCLED FOOD PRODUCTS MARKET, BY DISTRIBUTION CHANNEL

6.1. Overview
- 6.1.1. Market size and forecast
6.2. Online
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by region
- 6.2.3. Market share analysis by country
6.3. Offline
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by region
- 6.3.3. Market share analysis by country

CHAPTER 7: UPCYCLED FOOD PRODUCTS MARKET, BY REGION

7.1. Overview
- 7.1.1. Market size and forecast By Region
7.2. North America
- 7.2.1. Key trends and opportunities
- 7.2.2. Market size and forecast, by Type
  - 7.2.2.1. North America Food and beverages Upcycled food products Market by Food and beverages sub type
- 7.2.3. Market size and forecast, by Source
- 7.2.4. Market size and forecast, by Distribution Channel
- 7.2.5. Market size and forecast, by country
  - 7.2.5.1. U.S.
  - 7.2.5.1.1. Key market trends, growth factors and opportunities
  - 7.2.5.1.2. Market size and forecast, by Type
  - 7.2.5.1.2.1. U.S. Food and beverages Upcycled food products Market by Food and beverages sub type
  - 7.2.5.1.3. Market size and forecast, by Source
  - 7.2.5.1.4. Market size and forecast, by Distribution Channel
  - 7.2.5.2. Canada
  - 7.2.5.2.1. Key market trends, growth factors and opportunities
  - 7.2.5.2.2. Market size and forecast, by Type
  - 7.2.5.2.2.1. Canada Food and beverages Upcycled food products Market by Food and beverages sub type
  - 7.2.5.2.3. Market size and forecast, by Source
  - 7.2.5.2.4. Market size and forecast, by Distribution Channel
  - 7.2.5.3. Mexico
  - 7.2.5.3.1. Key market trends, growth factors and opportunities
  - 7.2.5.3.2. Market size and forecast, by Type
  - 7.2.5.3.2.1. Mexico Food and beverages Upcycled food products Market by Food and beverages sub type
  - 7.2.5.3.3. Market size and forecast, by Source
  - 7.2.5.3.4. Market size and forecast, by Distribution Channel
7.3. Europe
- 7.3.1. Key trends and opportunities
- 7.3.2. Market size and forecast, by Type
  - 7.3.2.1. Europe Food and beverages Upcycled food products Market by Food and beverages sub type
- 7.3.3. Market size and forecast, by Source
- 7.3.4. Market size and forecast, by Distribution Channel
- 7.3.5. Market size and forecast, by country
  - 7.3.5.1. UK
  - 7.3.5.1.1. Key market trends, growth factors and opportunities
  - 7.3.5.1.2. Market size and forecast, by Type
  - 7.3.5.1.2.1. UK Food and beverages Upcycled food products Market by Food and beverages sub type
  - 7.3.5.1.3. Market size and forecast, by Source
  - 7.3.5.1.4. Market size and forecast, by Distribution Channel
  - 7.3.5.2. Germany
  - 7.3.5.2.1. Key market trends, growth factors and opportunities
  - 7.3.5.2.2. Market size and forecast, by Type
  - 7.3.5.2.2.1. Germany Food and beverages Upcycled food products Market by Food and beverages sub type
  - 7.3.5.2.3. Market size and forecast, by Source
  - 7.3.5.2.4. Market size and forecast, by Distribution Channel
  - 7.3.5.3. France
  - 7.3.5.3.1. Key market trends, growth factors and opportunities
  - 7.3.5.3.2. Market size and forecast, by Type
  - 7.3.5.3.2.1. France Food and beverages Upcycled food products Market by Food and beverages sub type
  - 7.3.5.3.3. Market size and forecast, by Source
  - 7.3.5.3.4. Market size and forecast, by Distribution Channel
  - 7.3.5.4. Netherlands
  - 7.3.5.4.1. Key market trends, growth factors and opportunities
  - 7.3.5.4.2. Market size and forecast, by Type
  - 7.3.5.4.2.1. Netherlands Food and beverages Upcycled food products Market by Food and beverages sub type
  - 7.3.5.4.3. Market size and forecast, by Source
  - 7.3.5.4.4. Market size and forecast, by Distribution Channel
  - 7.3.5.5. Italy
  - 7.3.5.5.1. Key market trends, growth factors and opportunities
  - 7.3.5.5.2. Market size and forecast, by Type
  - 7.3.5.5.2.1. Italy Food and beverages Upcycled food products Market by Food and beverages sub type
  - 7.3.5.5.3. Market size and forecast, by Source
  - 7.3.5.5.4. Market size and forecast, by Distribution Channel
  - 7.3.5.6. Spain
  - 7.3.5.6.1. Key market trends, growth factors and opportunities
  - 7.3.5.6.2. Market size and forecast, by Type
  - 7.3.5.6.2.1. Spain Food and beverages Upcycled food products Market by Food and beverages sub type
  - 7.3.5.6.3. Market size and forecast, by Source
  - 7.3.5.6.4. Market size and forecast, by Distribution Channel
  - 7.3.5.7. Russia
  - 7.3.5.7.1. Key market trends, growth factors and opportunities
  - 7.3.5.7.2. Market size and forecast, by Type
  - 7.3.5.7.2.1. Russia Food and beverages Upcycled food products Market by Food and beverages sub type
  - 7.3.5.7.3. Market size and forecast, by Source
  - 7.3.5.7.4. Market size and forecast, by Distribution Channel
  - 7.3.5.8. Rest of Europe
  - 7.3.5.8.1. Key market trends, growth factors and opportunities
  - 7.3.5.8.2. Market size and forecast, by Type
  - 7.3.5.8.2.1. Rest of Europe Food and beverages Upcycled food products Market by Food and beverages sub type
  - 7.3.5.8.3. Market size and forecast, by Source
  - 7.3.5.8.4. Market size and forecast, by Distribution Channel
7.4. Asia-Pacific
- 7.4.1. Key trends and opportunities
- 7.4.2. Market size and forecast, by Type
  - 7.4.2.1. Asia-Pacific Food and beverages Upcycled food products Market by Food and beverages sub type
- 7.4.3. Market size and forecast, by Source
- 7.4.4. Market size and forecast, by Distribution Channel
- 7.4.5. Market size and forecast, by country
  - 7.4.5.1. China
  - 7.4.5.1.1. Key market trends, growth factors and opportunities
  - 7.4.5.1.2. Market size and forecast, by Type
  - 7.4.5.1.2.1. China Food and beverages Upcycled food products Market by Food and beverages sub type
  - 7.4.5.1.3. Market size and forecast, by Source
  - 7.4.5.1.4. Market size and forecast, by Distribution Channel
  - 7.4.5.2. Japan
  - 7.4.5.2.1. Key market trends, growth factors and opportunities
  - 7.4.5.2.2. Market size and forecast, by Type
  - 7.4.5.2.2.1. Japan Food and beverages Upcycled food products Market by Food and beverages sub type
  - 7.4.5.2.3. Market size and forecast, by Source
  - 7.4.5.2.4. Market size and forecast, by Distribution Channel
  - 7.4.5.3. India
  - 7.4.5.3.1. Key market trends, growth factors and opportunities
  - 7.4.5.3.2. Market size and forecast, by Type
  - 7.4.5.3.2.1. India Food and beverages Upcycled food products Market by Food and beverages sub type
  - 7.4.5.3.3. Market size and forecast, by Source
  - 7.4.5.3.4. Market size and forecast, by Distribution Channel
  - 7.4.5.4. Australia
  - 7.4.5.4.1. Key market trends, growth factors and opportunities
  - 7.4.5.4.2. Market size and forecast, by Type
  - 7.4.5.4.2.1. Australia Food and beverages Upcycled food products Market by Food and beverages sub type
  - 7.4.5.4.3. Market size and forecast, by Source
  - 7.4.5.4.4. Market size and forecast, by Distribution Channel
  - 7.4.5.5. New Zealand
  - 7.4.5.5.1. Key market trends, growth factors and opportunities
  - 7.4.5.5.2. Market size and forecast, by Type
  - 7.4.5.5.2.1. New Zealand Food and beverages Upcycled food products Market by Food and beverages sub type
  - 7.4.5.5.3. Market size and forecast, by Source
  - 7.4.5.5.4. Market size and forecast, by Distribution Channel
  - 7.4.5.6. South Korea
  - 7.4.5.6.1. Key market trends, growth factors and opportunities
  - 7.4.5.6.2. Market size and forecast, by Type
  - 7.4.5.6.2.1. South Korea Food and beverages Upcycled food products Market by Food and beverages sub type
  - 7.4.5.6.3. Market size and forecast, by Source
  - 7.4.5.6.4. Market size and forecast, by Distribution Channel
  - 7.4.5.7. Philippines
  - 7.4.5.7.1. Key market trends, growth factors and opportunities
  - 7.4.5.7.2. Market size and forecast, by Type
  - 7.4.5.7.2.1. Philippines Food and beverages Upcycled food products Market by Food and beverages sub type
  - 7.4.5.7.3. Market size and forecast, by Source
  - 7.4.5.7.4. Market size and forecast, by Distribution Channel
  - 7.4.5.8. Rest of Asia-Pacific
  - 7.4.5.8.1. Key market trends, growth factors and opportunities
  - 7.4.5.8.2. Market size and forecast, by Type
  - 7.4.5.8.2.1. Rest of Asia-Pacific Food and beverages Upcycled food products Market by Food and beverages sub type
  - 7.4.5.8.3. Market size and forecast, by Source
  - 7.4.5.8.4. Market size and forecast, by Distribution Channel
7.5. LAMEA
- 7.5.1. Key trends and opportunities
- 7.5.2. Market size and forecast, by Type
  - 7.5.2.1. LAMEA Food and beverages Upcycled food products Market by Food and beverages sub type
- 7.5.3. Market size and forecast, by Source
- 7.5.4. Market size and forecast, by Distribution Channel
- 7.5.5. Market size and forecast, by country
  - 7.5.5.1. Brazil
  - 7.5.5.1.1. Key market trends, growth factors and opportunities
  - 7.5.5.1.2. Market size and forecast, by Type
  - 7.5.5.1.2.1. Brazil Food and beverages Upcycled food products Market by Food and beverages sub type
  - 7.5.5.1.3. Market size and forecast, by Source
  - 7.5.5.1.4. Market size and forecast, by Distribution Channel
  - 7.5.5.2. Argentina
  - 7.5.5.2.1. Key market trends, growth factors and opportunities
  - 7.5.5.2.2. Market size and forecast, by Type
  - 7.5.5.2.2.1. Argentina Food and beverages Upcycled food products Market by Food and beverages sub type
  - 7.5.5.2.3. Market size and forecast, by Source
  - 7.5.5.2.4. Market size and forecast, by Distribution Channel
  - 7.5.5.3. UAE
  - 7.5.5.3.1. Key market trends, growth factors and opportunities
  - 7.5.5.3.2. Market size and forecast, by Type
  - 7.5.5.3.2.1. UAE Food and beverages Upcycled food products Market by Food and beverages sub type
  - 7.5.5.3.3. Market size and forecast, by Source
  - 7.5.5.3.4. Market size and forecast, by Distribution Channel
  - 7.5.5.4. South Africa
  - 7.5.5.4.1. Key market trends, growth factors and opportunities
  - 7.5.5.4.2. Market size and forecast, by Type
  - 7.5.5.4.2.1. South Africa Food and beverages Upcycled food products Market by Food and beverages sub type
  - 7.5.5.4.3. Market size and forecast, by Source
  - 7.5.5.4.4. Market size and forecast, by Distribution Channel
  - 7.5.5.5. Rest of LAMEA
  - 7.5.5.5.1. Key market trends, growth factors and opportunities
  - 7.5.5.5.2. Market size and forecast, by Type
  - 7.5.5.5.2.1. Rest of LAMEA Food and beverages Upcycled food products Market by Food and beverages sub type
  - 7.5.5.5.3. Market size and forecast, by Source
  - 7.5.5.5.4. Market size and forecast, by Distribution Channel

CHAPTER 8: COMPETITIVE LANDSCAPE

8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Top player positioning, 2021

CHAPTER 9: COMPANY PROFILES

9.1. Alice & Ambre Inc.
- 9.1.1. Company overview
- 9.1.2. Key Executives
- 9.1.3. Company snapshot
- 9.1.4. Operating business segments
- 9.1.5. Product portfolio
9.2. Abokichi
- 9.2.1. Company overview
- 9.2.2. Key Executives
- 9.2.3. Company snapshot
- 9.2.4. Operating business segments
- 9.2.5. Product portfolio
- 9.2.6. Key strategic moves and developments
9.3. Diana's Bananas, LLC.
- 9.3.1. Company overview
- 9.3.2. Key Executives
- 9.3.3. Company snapshot
- 9.3.4. Operating business segments
- 9.3.5. Product portfolio
9.4. Outcast Foods
- 9.4.1. Company overview
- 9.4.2. Key Executives
- 9.4.3. Company snapshot
- 9.4.4. Operating business segments
- 9.4.5. Product portfolio
- 9.4.6. Key strategic moves and developments
9.5. Riff Cold Brewed
- 9.5.1. Company overview
- 9.5.2. Key Executives
- 9.5.3. Company snapshot
- 9.5.4. Operating business segments
- 9.5.5. Product portfolio
- 9.5.6. Key strategic moves and developments
9.6. The Spare Food Co.
- 9.6.1. Company overview
- 9.6.2. Key Executives
- 9.6.3. Company snapshot
- 9.6.4. Operating business segments
- 9.6.5. Product portfolio
- 9.6.6. Key strategic moves and developments
9.7. ReGrained
- 9.7.1. Company overview
- 9.7.2. Key Executives
- 9.7.3. Company snapshot
- 9.7.4. Operating business segments
- 9.7.5. Product portfolio
- 9.7.6. Key strategic moves and developments
9.8. Blue Stripes LLC.
- 9.8.1. Company overview
- 9.8.2. Key Executives
- 9.8.3. Company snapshot
- 9.8.4. Operating business segments
- 9.8.5. Product portfolio
9.9. Superfrau
- 9.9.1. Company overview
- 9.9.2. Key Executives
- 9.9.3. Company snapshot
- 9.9.4. Operating business segments
- 9.9.5. Product portfolio
9.10. Lost & Found Distillery, Inc.
- 9.10.1. Company overview
- 9.10.2. Key Executives
- 9.10.3. Company snapshot
- 9.10.4. Operating business segments
- 9.10.5. Product portfolio