The Fight Against Food Waste
1.3 billion tons of food is lost or wasted every year, costing around $680 billion in industrialised countries and $310 billion in developing countries. In addition, about 95% of the food we throw away ends up in landfill or combustion facilities.
Throughout the food supply chain, food waste reduction isn’t just a moral responsibility, it also has major business benefits. For farmers, processors and retailers alike, a $1 investment in food waste reduction can generate a $14 return.
Food packaging plays a vital role in reducing food waste. At Sealed Air, we create food packaging solutions that are engineered to protect food and prevent food waste.
Global Food Waste Facts
Americans waste 150,000 tons of food each day – equal to a pound per person.
In Latin America,20% of retail food waste is due to spoilage.
In the EU, around 88 million tons of food waste is generated annually.
In Asia, up to 30% of grains are lost between the producer and market.
