Tuesday, November 23, 2021
STRATEGIC ANALYSIS: 2021 Food Waste Management Market. . .
Don't skip over this - there's plenty to see, read, and understand
"According to the latest report published by Future Market Insights (FMI), the global food waste management market is poised to increase at a CAGR of the 6.3% during the forecast period (2017-2027). Factors such as rapid rate of industrialisation, emergence of new markets for food waste management, and greater importance to innovation and R&D for developing efficient food waste management systems are expected to make a cumulative impact on the future prospect of the market. Moreover, in an effort to control food wastage, governments in many countries are now enforcing stringent laws on excessive food waste. In recent years, the participation of small and medium enterprises in the global food waste management market has escalated to a significant extent owing to increasing demand for streamlining food waste management procedures.
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KEY TRENDS SHAPING FOOD WASTE MANAGEMENT MARKET
> Soaring Demand for Renewable Energy
Rise in the demand for renewable energy and development in infrastructure creates opportunities for emerging as well as existing players in the market for recycling and processing food waste.
- In April 2017, the U.S. Energy Information Administration published a report on energy consumption by energy source in 2016. In this report, it was estimated that approximately 10% of the renewable energy consumed constitutes 46% of the biomass source, including biomass waste, biofuels, and wood.
Players in the food waste management market are focusing on technological development to provide advanced services to their customers. Technological innovations help various organizations to collect and segregate food waste at the source level and expedite the food waste recycling process. Some of the recent technological innovations include anaerobic digestion process for treatment of food waste, enzyme-based food management solutions, automated waste collections, and novel sensor based technology for waste management among others.
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PLEASE NOTE:
Some of the leading companies profiled in the FMI’s report include Waste Management, Inc, Advanced Disposal Services, Inc., Republic Services, Inc., Waste Connections Inc., Clean Harbors, Inc., Stericycle, Inc., FCC Environment Ltd., CT Environmental Group Ltd., Veolia Environnement SA, Recology Inc, OzHarvest Ltd., Boulder Food Rescue, Boston Area Gleaners, Inc. Amp Your Good LLC, The Sustainable Restaurant Association Ltd., 412 Food Rescue, Caritas Corporation, City Harvest Ltd., ExtraFood.org and Global Feedback Ltd. By emphasising on the development of innovative technologies, many of the companies are trying to expand their operations in several parts of the world. In addition, companies are increasingly targeting the rural areas as they still lack efficient food waste management systems or solutions. At the same time, automation and systemic segregation of food waste at source including industrial, commercial, and residential are likely to play an important part in streamlining food waste management.
> North America at the Forefront of the Global Food Waste Management Market
Among all the regions, the food waste market in North America currently holds the top position.
The federal government in the U.S. is promoting the construction of composting facility across the country.
By the 2017-end, the region is projected to account for 36.1% value share of the global market. Meanwhile, both Western Europe and Asia Pacific excluding Japan (APEJ) are expected to remain the two other lucrative markets for food waste management over 2027.
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Key Excerpts from the Report Include
- Based on end use, the majority of the food waste produced in the world is used as animal feed. Towards the end of 2027, the animal feed end use segment is expected to account for more than 42% share of the global market in terms of revenue.
- By waste type, the amount of waste that is generated while food processing is significantly high. The food processing wastes segment is expected to remain dominant throughout the forecast period, accounting for a revenue share of 41% by 2027.
- By service, the prevention segment is expected to remain dominant in 2017 and beyond. By 2027-end, this segment is expected to command for more than 55.3% revenue share of the market.
The global food waste management market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.
Services
- Prevention
- Collection
- Transfer
- Recycling
- Landfill
Waste Type
- Food Production Wastes
- Agricultural Produce Wastes
- Fruits & Vegetable Waste
- Staple Grain Waste
- Poultry, Fish and Meat Wastes
- Bovine
- Poultry Meat
- Pork
- Fish & Other Marine Food
- Agricultural Produce Wastes
- Food Processing Wastes
- Agricultural Produce Processing Waste
- Poultry, Meat and Seafood Processing Wastes
- Dairy Food Processing Waste
- Other Food Processing Wastes
- Distribution and Supply Chain Wastes
- Retail Wastes
- Consumption Wastes
- Household Food Waste
- Food Services, Hospitality & Institutional Waste (FSHI Waste)
End-use
- Animal Feed
- Fertilizer
- Renewable Energy & Biofuels
- Others (Cosmetic, Soap, Bio-plastic, and Other Products)
BRAVO ELON! Eccentric Billionaire
From Forbes yesterday a write-up by Eliza Haverstock
As Tesla Stock Rebounds, Elon Musk’s Fortune Surpasses $300 Billion Again
“I aspire to comedy,” Musk tweeted on Monday, just before the Model 3 Plaid tweet that pushed up his fortune by several billion dollars. It’s not clear what, if anything, Musk has done to make people laugh. . .
"When Elon Musk tweets, markets listen—and the CEO’s own net worth can shift by billions. On Monday, after Musk tweeted that Tesla’s Model 3 Plaid vehicle would be available in China as soon as March, Tesla’s stock jumped almost 2%, capping off five straight days of gains for the company and adding $4.6 billion to the eccentric billionaire’s net worth.
Musk’s fortune now stands at $300.8 billion, marking the second time he’s passed the previously untouched $300 billion net worth threshold. He first broke the barrier three weeks ago when rental car giant Hertz announced a massive Tesla order that sent Tesla’s market capitalization soaring past $1 trillion. Musk has also taken to Twitter in recent weeks to troll progressive politicians, like billionaire critic Senator Ron Wyden (D-OR), who responded to the poll. “Whether or not the world’s wealthiest man pays any taxes at all shouldn’t depend on the results of a Twitter poll. It’s time for the Billionaires Income Tax,” the lawmaker wrote, meeting a crude response from Musk.
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RELATED CONTENT ON THIS BLOG
Something shook Twitter-World yesterday
Elon Musk, world’s richest edgelord, responds to billionaire tax with another stupid tweet
Musk is definitely not mad, in fact, he’s laughing
Is it fair that the world’s richest people pay so little in tax? That in a time of extreme inequality, those that have so much contribute so little in proportion to their vast wealth? These are the questions motivating US Democratic Senator Ron Wyden, who’s been calling for new taxes on billionaires.
Is it fair that the democracy I live in might have some demands of me? How can I prove that I’m super edgy and totally unfazed by the prospect of paying more tax? These are the questions apparently motivating Elon Musk, who replied to a tweet from Wyden by asking why the senator looks like he’s just orgasmed in his profile picture.
Musk’s crude tweet caps a particularly interesting weekend for the world’s richest man, who didn’t seem to get the answer he wanted when polling the internet on the issue of wealth
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Senator Bernie Sanders (I-VT) found himself in the crosshairs too. “We must demand that the extremely wealthy pay their fair shares. Period,” Sanders recently tweeted. The next day, Musk took aim at the 80-year-old lawmaker: “I keep forgetting that you’re still alive,” Musk wrote in response. “Want me to sell more stock, Bernie? Just say the word…”
Musk remains the wealthiest person in the world, according to Forbes’ estimates, $95.3 billion richer than second place Jeff Bezos, who’s worth $205.5 billion as of Monday’s market close.
“I aspire to comedy,” Musk tweeted on Monday, just before the Model 3 Plaid tweet that pushed up his fortune by several billion dollars. It’s not clear what, if anything, Musk has done to make people laugh.
ADDENDUM: But Musk’s own tweets—and actions—derailed his financial ascent. Tesla’s stock took a hit two weeks after the Hertz order, when Musk asked millions of Twitter users if he should sell 10% of his estimated 23% Tesla stake—supposedly in the wake of a short-lived tax proposal on the unrealized stock gains of billionaires. Musk began unloading shares days later, shaving $61 billion from Tesla’s market value. So far, the chief executive has sold nearly $9 billion worth of Tesla stock, with about $3 billion of the sum going to cover a tax bill on stock options he’s been simultaneously exercising. Though his cash pile grew as a result of the sales, Musk’s overall net worth tumbled more than $50 billion before vaulting back above $300 billion on Monday.
HAPPY HACKING FOR THE HOLIDAYS!
Just forget about bringing you good tidings for days of comfort and joy. OK.
Never mind Jolly Saint Nick, Reindeers-on-the-roof, decking the halls with boughs of Holly, dreaming of a white Christmas dashing-through-the-snow-to-grandma's house,and visions of Sugarplums dancing through your heads
... It's a nightmare come true when we get all these warnings
Let's make a list and check it twice:
1 
US govt warns of increased ransomware risks during holidays
The Cybersecurity and Infrastructure Security Agency (CISA) and the FBI warned critical infrastructure partners and public/private sector organizations not to let down their defenses against ransomware attacks during the holiday season.
- November 22, 2021
- 01:45 PM
2 
UK govt warns thousands of SMBs their online stores were hacked
The UK's National Cyber Security Centre (NCSC) says it warned the owners of more than 4,000 online stores that their sites were compromised in Magecart attacks to steal the payment info of customers.
- November 22, 2021
- 03:05 PM
3 
GoDaddy hack causes data breach affecting 1.2 million customers
GoDaddy said in a data breach notification published today that the data of up to 1.2 million of its customers was exposed after hackers gained access to the company's Managed WordPress hosting environment.
- November 22, 2021
- 11:43 AM
4 
Biometric auth bypassed using fingerprint photo, printer, and glue
Researchers demonstrated that fingerprints could be cloned for biometric authentication for as little as $5 without using any sophisticated or uncommon tools.
- November 22, 2021
- 12:10 PM
5 
Wind turbine giant Vestas' data compromised in cyberattack
Vestas Wind Systems, a leader in wind turbine manufacturing, has shut down its IT systems after suffering a cyberattack.
- November 22, 2021
- 09:56 AM
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Reminder for Critical Infrastructure to Stay Vigilant Against Threats During Holidays and Weekends
Reminder for Critical Infrastructure to Stay Vigilant Against Threats During Holidays and Weekends
As Americans prepare to hit the highways and airports this Thanksgiving holiday, CISA and the Federal Bureau of Investigation (FBI) are reminding critical infrastructure partners that malicious cyber actors aren’t making the same holiday plans as you. Recent history tells us that this could be a time when these persistent cyber actors halfway across the world are looking for ways—big and small—to disrupt the critical networks and systems belonging to organizations, businesses, and critical infrastructure.
There are actions that executives, leaders, and workers in any organization can take proactively to protect themselves against cyberattacks, including possible ransomware attacks, during the upcoming holiday season—a time during which offices are often closed, and employees are home with their friends and families. Although neither CISA nor the FBI currently have identified any specific threats, recent 2021 trends show malicious cyber actors launching serious and impactful ransomware attacks during holidays and weekends, including Independence Day and Mother’s Day weekends.
CISA and the FBI strongly urge all entities–especially critical infrastructure partners–to examine their current cybersecurity posture and implement best practices and mitigations to manage the risk posed by cyber threats. Specifically, CISA and the FBI urge users and organizations to take the following actions to protect themselves from becoming the next victim:
- Identify IT security employees for weekends and holidays who would be available to surge during these times in the event of an incident or ransomware attack.
- Implement multi-factor authentication for remote access and administrative accounts.
- Mandate strong passwords and ensure they are not reused across multiple accounts.
- If you use remote desktop protocol (RDP) or any other potentially risky service, ensure it is secure and monitored.
- Remind employees not to click on suspicious links, and conduct exercises to raise awareness.
Additionally, CISA and the FBI recommend maintaining vigilance against the multiple techniques cybercriminals use to gain access to networks, including:
- Phishing scams, such as unsolicited emails posing as charitable organizations.
- Fraudulent sites spoofing reputable businesses—it is possible malicious actors will target sites often visited by users doing their holiday shopping online.
- Unencrypted financial transactions.
Finally—to reduce the risk of severe business/functional degradation should your organization fall victim to a ransomware attack—review and, if needed, update your incident response and communication plans. These plans should list actions to take—and contacts to reach out to—should your organization be impacted by a ransomware incident. Note: for assistance, review available incident response guidance, such as the Ransomware Response Checklist in the CISA-MS-ISAC Joint Ransomware Guide, the Public Power Cyber Incident Response Playbook, and the new Federal Government Cybersecurity Incident and Vulnerability Response Playbooks.
CISA and the FBI urge users and organizations to take these actions immediately to protect themselves against this threat. For a comprehensive overview, see the joint Cybersecurity Advisory Ransomware Awareness for Holidays and Weekends. For more information and resources on protecting against and responding to ransomware, visit StopRansomware.gov, a centralized, whole-of-government webpage providing ransomware resources and alerts.
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