- Report estimates that 24% of all food in the U.S. — 54 million tons — goes to waste destinations
- Company’s natural treatments protect fresh fruit, vegetables from microbial spoilage and foodborne pathogens
- Save Foods products are reducing by 50% on average the rotten fruit at the retail level
According to ReFED, in 2019, 54 million tons of food was wasted in the United States alone (https://ibn.fm/ONc2n). Save Foods (NASDAQ: SVFD) is an agri-food tech company focused on creating solutions to food waste and loss, as well as food safety.
“Our food system is radically inefficient,” reports ReFED, a national nonprofit dedicated to ending food loss and waste across the U.S. food system by advancing data-driven solutions. “In 2019, the U.S. let a huge 35% of the 229 million tons of food available go unsold or uneaten. We call this surplus food, and while…
NOTE TO INVESTORS: The latest news and updates relating to SVFD are available in the company’s newsroom at https://ibn.fm/SVFD
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