food waste high on the global agenda” alt=”” src=”https://www.spireresearch.com/wp-content/uploads/2014/05/Spirethoughts_140508.jpg” width=”550″ />
Food – once harvested, picked and packed for delivery – undergoes many processes before reaching our dinner tables. As such, some food products become inedible even before reaching the consumers.
A possible food crisis was one of the major concerns raised at the World Economic Forum, as access to nutrition has become either unreliable or inadequate. One solution lies in reducing food waste through better managing how food travels. The world produces 4 billion metric tons of food, but an estimated 1.2 to 2 billion tons is thrown out.
It is equally crucial to alter the transport infrastructure and storage facilities to effectively reduce wastage.
Expect food logistics to be a key transforming and transformative industry in emerging markets in the 21st century.
Spire Research and Consulting is the leading research consultancy in global emerging markets. Spire's competitive advantage lies in its ability to deliver actionable intelligence on the external business environment in support of its clients’ strategic decision-making in marketing and business development. Spire's clients include 50 Global Fortune 1000 companies and government agencies in 15 countries. For more information, please visit www.spireresearch.com.