Preservation Tech is the Key to Driving Higher Margins and Avoiding $1 Trillion in Losses Across the Agrifood Value Chain, Says Lux Research

Food loss and waste (FLW) currently causes an estimated $1 trillion in economic losses globally each year. This constitutes a major humanitarian crisis in addition to an economic one, leading the United Nations to set a goal of reducing global FLW by 50% by 2030. A new report by Lux Research, “Preserving the Food Chain,” outlines key protection and preservation technologies to help companies achieve significant reductions in both pre-consumer food loss and post-consumer food waste.