On average, each person throws away 121 kilograms of food per year globally. With challenges that we can no longer turn a blind eye to, including hunger and climate change, reducing that number is crucial. Technologies such as artificial intelligence (AI) or blockchain and startups dedicated to redistributing or reusing food are essential in the fight towards more efficient, resilient and sustainable food systems.
A waste of enormous proportions
Food waste is throwing away food that is fit for consumption after it has gone through the production and processing stages.
931 |Million of tonnes wasted each year
17% | of the world’s food production ends up in the bin
811 | Million of people suffer from hunger around the world
Households, the biggest food waste offenders
Poor food shopping planning, confusion about best-before and use-by dates, and inadequate storage lead to food being thrown away at home.
Food waste distribution
Households | 61%
Food services | 26%
Retail sales | 13%
A problem that knows no borders
The amount of food that is thrown away is not related to the wealth of a country.
Country that wastes the most food
Nigeria | 189 kg/per person
Other countries that waste a lot of food
Spain | 78 kg/per person
Mexico | 94 kg/person
Argentina | 72 kg/person
Food waste has a major impact on the environment:
Transport of waste
Waste of resources
Energy cost of waste management
= 10% | global greenhouse gas emissions related to food that is not consumed
Objectives on the table
The United Nations 2030 Agenda aims to reduce retail and final consumption food waste by half, in addition to reducing waste in production and supply chains.
The European Commission is promoting it with the ‘Farm to Fork’ strategy.
Spain has just passed a bill to prevent it.
Chile and Argentina have national strategies.
Technological solutions to adequately store food
The application of new technologies makes the food chain more efficient.
IoT (internet of things). To monitor food and prevent food waste.
Samsung. Its smart refrigerators allow you to view food, plan recipes, receive expiration date alerts and communicate with other devices.
AI and data analytics. To make better decisions.
Winnow Solutions. A platform for restaurants that uses artificial vision to identify food waste and improve purchasing.
Blockchain. To provide traceability, security and transparency.
IBM Food Trust. Blockchain-based system that provides food location information to all stakeholders.
Cloud storage. To centralise information from various sources.
Plant on Demand. SaaS (software as a service) solution that offers direct sales tools to agricultural producers and cooperatives.
The innovative and sustainable role of startups
The transition from a linear food economy to a circular economy.
Linear economy: Production – Consumption – Disposal
From production to prevention. Preventing food waste as the first step.
Oscilium. Spain. Biotech company that has developed a smart label that changes colour as food loses freshness.
Apeel. USA. Its plant-derived coatings keep products such as fruits and vegetables fresher for longer.
Twiga Foods. Kenya. It has created a network of thousands of producers and farmers in Africa to improve the supply chain and prevent food waste.
From consumption to redistribution. Give food a second chance before throwing it in the bin.
Too Good To Go. The Netherlands. An app that connects establishments that have surplus food with users who purchase packs at reduced prices.
Oreka. Spain. Its technology allows companies, including BBVA, to safely donate their surplus food to non-profit organisations.
Perfekto. Mexico Similar to Talkual, an online store that offers customers fruits and vegetables that have been thrown away due to their appearance.
I do not waste. Spain. Prosalus NGO platform to raise awareness. Financed by BBVA’s Territorios Solidarios project.
BBVA has received the certificate Towards Zero Waste from AENOR, which recognises the contribution to the circular economy and values, among other things, the bank’s approach to reusing food products.
From waste to reuse and transformation. Food can also be converted into other products.
MOA FoodTech. Spain. Biotechnology that combines a fermentation and AI process to transform agricultural waste into proteins.
Kore Infrastructure. USA. Thanks to a pyrolysis process, biogas is produced from food waste and other materials.
InnovaLarva. Spain. Transforms agri-food waste into biomass from a degradation process involving insect larvae.
Investing in startups that reduce food waste
340 Millions of dollars in 2020
563 Millions of dollars in 2021
From production to the table and to other possible lives
Innovation and entrepreneurship come together along with personal, corporate and governmental measures to ensure that leftover food does not end up in the bin. The menus of the future must be fully taken advantage of to move towards sustainable and affordable food for everyone.