Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Food Waste Recycling Machine Market by Type (0-50 Kg/Day, 50-100 Kg/Day, 101-300 Kg/Day, 301-500 Kg/Day, 500-1000 Kg/Day, Above 1000 Kg/Day), By Application (Commercial, Industrial, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Food Waste Recycling Machine Market by Type (0-50 Kg/Day, 50-100 Kg/Day, 101-300 Kg/Day, 301-500 Kg/Day, 500-1000 Kg/Day, Above 1000 Kg/Day), By Application (Commercial, Industrial, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 191898 3300 Machinery & Equipment 377 241 Pages 4.7 (50)
                                          

Market Overview:


The global food waste recycling machine market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing awareness about food wastage and its negative impact on the environment, coupled with government initiatives and regulations mandating food waste recycling. Based on type, the global food waste recycling machine market is segmented into 0-50 kg/day, 50-100 kg/day, 101-300 kg/day, 301-500 kg/day, 500-1000 kg/day and above 1000 kg/ day. Among these segments, the 501-1000kg / day segment is expected to witness highest growth during the forecast period owing to rising demand for large scale industrial applications. Based on application, commercial sector accounts for majority of share in terms of revenue in global food waste recycling machine market followed by industrial sector.


Global Food Waste Recycling Machine Industry Outlook


Product Definition:


A food waste recycling machine is a device that is used to recycle food waste. The importance of a food waste recycling machine is that it helps to reduce the amount of food waste that ends up in landfills.


0-50 Kg/Day:


0-50 Kg/day is the weight of food waste that can be processed by a food waste recycling machine. It's important to note that this amount varies from region to region depending on the level of municipal solid waste in each country. The global average for 0-50 Kg/day is estimated at 17 tons per day, which is approximately one sixth of global municipal solid waste (MSW).


The Recycling Institute for Solid Waste.


50-100 Kg/Day:


50-100 Kg/day is the weight of food waste that can be processed in a food waste recycling machine. It depends on the type of food waste that is being collected and processed. The most common types are fruit pulp, meat & bones, bread & bakery products, vegetable peelings and coffee grounds among others. These are then converted into fertilizers or energy sources for power plants by using anaerobic digestion process which reduces carbon dioxide emission to almost zero.


Application Insights:


The others application segment includes food processing, hospitality, and institutional sectors. Food waste recycling machine used in the other applications is expected to witness significant growth on account of increasing awareness about sustainable practices among end-users. Furthermore, growing environmental concerns regarding food waste disposal will further propel market growth over the forecast period.


Food waste recycling machine used in industrial applications accounted for a volume share of 33% in 2017 owing to rising demand from manufacturing facilities across the globe. In addition, these machines are widely utilized by large scale hotels and restaurants as they help reduce kitchen wastage by approximately 50%. This factor is projected to fuel industry expansion over the next eight years especially across North America and Europe regions where landfill regulations restrict disposal of kitchen wastes into landfills or ponds due to space constraints.


Regional Analysis:


North America dominated the global market in 2017 owing to the presence of a large number of food processing units and industrial plants. The region is followed by Europe, which also has a significant contribution from its manufacturing sector. Asia Pacific is expected to grow at the highest CAGR during the forecast period due to rapid urbanization and industrialization in countries such as China, India, Japan, South Korea, Singapore and Australia. Moreover, rising disposable income levels are anticipated to encourage more people to opt for processed food products resulting into greater demand for recycling machines over time.


The European Commission announced plans in 2015 on how it intended helping reduce avoidable waste by 2030 through measures including circular economy policies that promote reuse or recycle instead of dumping into landfills or incinerators’ fuel rods; whereas member states were encouraged implement waste prevention programs under EU Waste Prevention Directive (EU WPD).


Growth Factors:


  • Increasing awareness about food waste recycling and its benefits among consumers and businesses
  • Government initiatives and regulations to promote food waste recycling
  • Growing demand for sustainable, environment-friendly solutions for managing food waste
  • Rising prices of traditional landfill disposal methods, making food waste recycling more economical 5. Advances in technology that make it easier and more affordable to recycle food waste

Scope Of The Report

Report Attributes

Report Details

Report Title

Food Waste Recycling Machine Market Research Report

By Type

0-50 Kg/Day, 50-100 Kg/Day, 101-300 Kg/Day, 301-500 Kg/Day, 500-1000 Kg/Day, Above 1000 Kg/Day

By Application

Commercial, Industrial, Others

By Companies

BioHiTech Global, Emerson Electric, Whirlpool, KCS Engineering, Oklin International, Enic Co Limited, Bhor Engineering, Weimar Biotech, WISErg, IMC Waste Station, Hungry Giant Recycling, Ridan Composter

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

241

Number of Tables & Figures

169

Customization Available

Yes, the report can be customized as per your need.


Global Food Waste Recycling Machine Market Report Segments:

The global Food Waste Recycling Machine market is segmented on the basis of:

Types

0-50 Kg/Day, 50-100 Kg/Day, 101-300 Kg/Day, 301-500 Kg/Day, 500-1000 Kg/Day, Above 1000 Kg/Day

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

Commercial, Industrial, Others

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. BioHiTech Global
  2. Emerson Electric
  3. Whirlpool
  4. KCS Engineering
  5. Oklin International
  6. Enic Co Limited
  7. Bhor Engineering
  8. Weimar Biotech
  9. WISErg
  10. IMC Waste Station
  11. Hungry Giant Recycling
  12. Ridan Composter

Global Food Waste Recycling Machine Market Overview


Highlights of The Food Waste Recycling Machine Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. 0-50 Kg/Day
    2. 50-100 Kg/Day
    3. 101-300 Kg/Day
    4. 301-500 Kg/Day
    5. 500-1000 Kg/Day
    6. Above 1000 Kg/Day
  1. By Application:

    1. Commercial
    2. Industrial
    3. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Food Waste Recycling Machine Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Food Waste Recycling Machine Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


A food waste recycling machine is a device that helps to recycle food waste. It separates the edible parts of the food from the non-edible parts, and then it recycles these materials into new products. This can help to reduce the amount of wasted food, and it can also help to create new jobs in the recycling industry.

Some of the major companies in the food waste recycling machine market are BioHiTech Global, Emerson Electric, Whirlpool, KCS Engineering, Oklin International, Enic Co Limited, Bhor Engineering, Weimar Biotech, WISErg, IMC Waste Station, Hungry Giant Recycling, Ridan Composter.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Food Waste Recycling Machine Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Food Waste Recycling Machine Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Food Waste Recycling Machine Market - Supply Chain
   4.5. Global Food Waste Recycling Machine Market Forecast
      4.5.1. Food Waste Recycling Machine Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Food Waste Recycling Machine Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Food Waste Recycling Machine Market Absolute $ Opportunity

5. Global Food Waste Recycling Machine Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Food Waste Recycling Machine Market Size and Volume Forecast by Type
      5.3.1. 0-50 Kg/Day
      5.3.2. 50-100 Kg/Day
      5.3.3. 101-300 Kg/Day
      5.3.4. 301-500 Kg/Day
      5.3.5. 500-1000 Kg/Day
      5.3.6. Above 1000 Kg/Day
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Food Waste Recycling Machine Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Food Waste Recycling Machine Market Size and Volume Forecast by Application
      6.3.1. Commercial
      6.3.2. Industrial
      6.3.3. Others
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Food Waste Recycling Machine Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Food Waste Recycling Machine Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Food Waste Recycling Machine Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Food Waste Recycling Machine Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Food Waste Recycling Machine Demand Share Forecast, 2019-2026

9. North America Food Waste Recycling Machine Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Food Waste Recycling Machine Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Food Waste Recycling Machine Market Size and Volume Forecast by Application
      9.4.1. Commercial
      9.4.2. Industrial
      9.4.3. Others
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Food Waste Recycling Machine Market Size and Volume Forecast by Type
      9.7.1. 0-50 Kg/Day
      9.7.2. 50-100 Kg/Day
      9.7.3. 101-300 Kg/Day
      9.7.4. 301-500 Kg/Day
      9.7.5. 500-1000 Kg/Day
      9.7.6. Above 1000 Kg/Day
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Food Waste Recycling Machine Demand Share Forecast, 2019-2026

10. Latin America Food Waste Recycling Machine Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Food Waste Recycling Machine Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Food Waste Recycling Machine Market Size and Volume Forecast by Application
      10.4.1. Commercial
      10.4.2. Industrial
      10.4.3. Others
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Food Waste Recycling Machine Market Size and Volume Forecast by Type
      10.7.1. 0-50 Kg/Day
      10.7.2. 50-100 Kg/Day
      10.7.3. 101-300 Kg/Day
      10.7.4. 301-500 Kg/Day
      10.7.5. 500-1000 Kg/Day
      10.7.6. Above 1000 Kg/Day
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Food Waste Recycling Machine Demand Share Forecast, 2019-2026

11. Europe Food Waste Recycling Machine Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Food Waste Recycling Machine Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Food Waste Recycling Machine Market Size and Volume Forecast by Application
      11.4.1. Commercial
      11.4.2. Industrial
      11.4.3. Others
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Food Waste Recycling Machine Market Size and Volume Forecast by Type
      11.7.1. 0-50 Kg/Day
      11.7.2. 50-100 Kg/Day
      11.7.3. 101-300 Kg/Day
      11.7.4. 301-500 Kg/Day
      11.7.5. 500-1000 Kg/Day
      11.7.6. Above 1000 Kg/Day
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Food Waste Recycling Machine Demand Share, 2019-2026

12. Asia Pacific Food Waste Recycling Machine Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Food Waste Recycling Machine Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Food Waste Recycling Machine Market Size and Volume Forecast by Application
      12.4.1. Commercial
      12.4.2. Industrial
      12.4.3. Others
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Food Waste Recycling Machine Market Size and Volume Forecast by Type
      12.7.1. 0-50 Kg/Day
      12.7.2. 50-100 Kg/Day
      12.7.3. 101-300 Kg/Day
      12.7.4. 301-500 Kg/Day
      12.7.5. 500-1000 Kg/Day
      12.7.6. Above 1000 Kg/Day
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Food Waste Recycling Machine Demand Share, 2019-2026

13. Middle East & Africa Food Waste Recycling Machine Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Food Waste Recycling Machine Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Food Waste Recycling Machine Market Size and Volume Forecast by Application
      13.4.1. Commercial
      13.4.2. Industrial
      13.4.3. Others
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Food Waste Recycling Machine Market Size and Volume Forecast by Type
      13.7.1. 0-50 Kg/Day
      13.7.2. 50-100 Kg/Day
      13.7.3. 101-300 Kg/Day
      13.7.4. 301-500 Kg/Day
      13.7.5. 500-1000 Kg/Day
      13.7.6. Above 1000 Kg/Day
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Food Waste Recycling Machine Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Food Waste Recycling Machine Market: Market Share Analysis
   14.2. Food Waste Recycling Machine Distributors and Customers
   14.3. Food Waste Recycling Machine Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. BioHiTech Global
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Emerson Electric
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. Whirlpool
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. KCS Engineering
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Oklin International
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Enic Co Limited
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Bhor Engineering
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. Weimar Biotech
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. WISErg
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. IMC Waste Station
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. Hungry Giant Recycling
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. Ridan Composter
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. COMPANY 13
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. COMPANY 14
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. COMPANY 15
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. COMPANY 16
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. COMPANY 17
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. COMPANY 18
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. COMPANY 19
         14.4.19.1. Overview
         14.4.19.2. Financials
         14.4.19.3. Developments
         14.4.19.4. Strategic Outlook
      14.4.20. COMPANY 20
         14.4.20.1. Overview
         14.4.20.2. Financials
         14.4.20.3. Developments
         14.4.20.4. Strategic Outlook

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