Overview
The global pandemic from 2021 has exacerbated world hunger for adults and children.
Almost 2.4 billion people are without food or fail to consume a healthy balanced diet regularly. This figure is rising at about 10% per annum.
In the UK, the situation is also serious. Over 2m tonnes of food is wasted across the food industry each year. Meanwhile, 5m adults and 2m children in the UK struggle to get enough to eat regularly. This is up by 2m, exacerbated by the 2020 pandemic, and is likely to worsen with the projected increased food and energy insecurity and prices.
Business Opportunities & Benefits
• Increased market share as consumers are increasingly conscious of ethical and sustainable practices.
• Reduced costs associated with health issues, social unrest, and economic instability.
• Risk mitigation related to climate change, natural disasters, and geopolitical instability.
• Development of new sustainable food production and distribution methods.
• Sustainable agricultural practices that protect the environment and conserve natural resources.
• Reduced food waste can have significant environmental benefits, including decreased greenhouse gas emissions and reduced resource consumption.