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January 24, 2013

GLOBAL: United Nations launches food waste campaign

A global campaign designed to help retailers and consumers cut down on food waste has been launched by the United Nations' Food & Agriculture Organisation and civil society partners.

A global campaign designed to help retailers and consumers cut down on food waste has been launched by the United Nations’ Food & Agriculture Organisation and civil society partners.

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What’s the forecast for the food and grocery industry?

The food and grocery sector thrived during the pandemic, largely due to the shutdown of the food service industry and the sector’s subsequent necessity, panic-induced bulk purchasing, and spending more time at home. The market has grown as a result of inflation. Consumer unwillingness to go out and socialize, and the reopening of several hospitality facilities, helped maintain the demand for groceries, particularly online, in 2021. As consumer behavior changes, we consume more food and drink at home, and inflation increases basket sizes. GlobalData predicts that the sector will continue to hold a higher share than had been predicted prior to the pandemic. This is true despite the fact that the food and grocery sector's share of overall retail will decline from its peak in 2020. This report will discuss market forecasts and key themes in the global food & grocery industry in 2022 and beyond. It covers:
  • Market drivers and inhibitors
  • Five-year forecasts and the impact of COVID-19
  • The performance of the online channel versus offline
  • Major trends in the market including rapid delivery, ambient retailing, supply chain disruption, and inflation
Assess developments within this sector to help your business thrive in 2022 and beyond.
by GlobalData
Enter your details here to receive your free Report.

The ‘Think. Eat. Save. Reduce Your Footprint’ campaign, which is also being sponsored by the UN Environment Programme, comes in response to new figures that show half of the world’s food production is being wasted.

FAO figures suggest waste accounts for closer to one third of all food produced, but this still means 1.3bn tonnes of food is either lost or wasted annually.

Alongside the UN agencies is Tristram Stuart and his ‘Feeding the 5,000’ campaign, plus the UK-based Waste and Resources Action Programme (WRAP).

The partners have launched a website to provide multilingual advice to retailers and consumers on how to cut down on waste.

“In a world of seven billion people, set to grow to nine billion by 2050, wasting food makes no sense – economically, environmentally and ethically,” said UN under-secretary-general and UNEP executive director, Achim Steiner.

Janez Potocnik, European commissioner for the environment, said: “In the EU we have set ourselves a target to halve edible food waste by 2020 and to virtually eliminate landfilling by 2020. The Commission is planning to present ideas next year on the sustainability of the food system which will have a strong focus on food waste.”

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Free Report
img

What’s the forecast for the food and grocery industry?

The food and grocery sector thrived during the pandemic, largely due to the shutdown of the food service industry and the sector’s subsequent necessity, panic-induced bulk purchasing, and spending more time at home. The market has grown as a result of inflation. Consumer unwillingness to go out and socialize, and the reopening of several hospitality facilities, helped maintain the demand for groceries, particularly online, in 2021. As consumer behavior changes, we consume more food and drink at home, and inflation increases basket sizes. GlobalData predicts that the sector will continue to hold a higher share than had been predicted prior to the pandemic. This is true despite the fact that the food and grocery sector's share of overall retail will decline from its peak in 2020. This report will discuss market forecasts and key themes in the global food & grocery industry in 2022 and beyond. It covers:
  • Market drivers and inhibitors
  • Five-year forecasts and the impact of COVID-19
  • The performance of the online channel versus offline
  • Major trends in the market including rapid delivery, ambient retailing, supply chain disruption, and inflation
Assess developments within this sector to help your business thrive in 2022 and beyond.
by GlobalData
Enter your details here to receive your free Report.

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