From shelf-life extension solutions to upcycled ingredients, these startups are helping the food industry reduce the cost of food waste while promoting more sustainable practices.
Food waste is a massive global issue, with about one-third of food produced globally wasted. This represents a nearly $1T loss each year, according to the Food and Agriculture Organization of the United Nations.
From farm to consumer, waste happens along the food value chain for a variety of reasons, including cosmetic defects that make the food unsellable, spoilage during transportation, or mismanaged production or inventory. Different players along the food value chain bear the cost of this waste.
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