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Upcycled Food Products Market Trends

Report ID: GMI6303
Published Date: Jul 2023
Report Format: PDF

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Upcycled Food Products Market Trends

One of the key trends in the upcycled food products industry is the growing emphasis on product innovation, with companies exploring new and creative ways to upcycle food waste into appealing and nutritious products. In May 2023, Upcycled Foods, Inc. and Stone & Skillet, LLC jointly unveiled the introduction of the Super Grains English Muffin, its new Upcycled Certified and Non-GMO offering, representing a commitment to both sustainability and product integrity.

The incorporation of ReGrained SuperGrain+ - an upcycled hero ingredient derived from the nutrient-rich grain byproducts of beer brewing, is designed to improve the nutritional value of the bread, with high concentrations of dietary fiber, plant protein, and prebiotics. In addition, collaborations between food manufacturers, retailers, and sustainability organizations have increased, leading to the development of more efficient supply chains and distribution networks for upcycled products.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of upcycled food products reached USD 54.5 billion in 2022 and is poised to register over 5.7% CAGR from 2023 to 2032, due to the growing focus on sustainability in food production.

The food waste source segment held over 38% of the market share in 2022, driven by the increasing consumer demand for sustainable and eco-friendly options to combat food waste.

North America market size dominated over USD 20.6 billion in 2022, owing to increasing awareness of the environmental impact of food wastage, coupled with the emphasis on healthy, sustainable lifestyles.

Some of the major companies in the market include ReGrained, Toast Ale, RISE Products, Misfit Foods, US Foods, Agricycle Global, Pulp Pantry, SUPERFRAU, Blue Circle Foods.