Reducing food loss: What grocery retailers and manufacturers can do

By:
Moira Borens, Sebastian Gatzer, Clarisse Magnin, and Björn Timelin
McKinsey & Company
Date:
2022
Resource type:
Reports and discussion papers

It’s a dire statistic: 33 to 40 percent of the world’s food is lost or wasted every year. A devastating fact in less desperate times, it takes on even greater urgency today, in light of a looming global food crisis resulting from knock-on effects of the war in Ukraine, COVID-19, and climate change. Already, one in nine people in the world can’t get enough to eat—that’s more than 800 million suffering from hunger. The consequences of food loss and waste will only get worse.

This article from McKinsey & Company reports that reducing food loss is immensely achievable. Their research shows that food manufacturers and retailers, because they are at the center of the food value chain, are uniquely positioned to lead global efforts to reduce food loss

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This resource presents evidence or data but has not been peer reviewed