The world’s food system is… broken. With the pressing issue of widespread food waste, the alarming decline in biodiversity affecting crop pollination, and a staggering $10 trillion in the hidden costs of the global agrifood system, there’s no shortage of problems to tackle.
According to the Food and Agriculture Organization of the United Nations recent report, 70% of hidden costs arise from unhealthy diets, high in ultra-processed foods, fats and sugars. 1/5 of costs are environmentally linked, encompassing greenhouse gas emissions, land-use change, and water use — a universal issue likely underestimated due to data limitations.
So, what’s the solution? Embracing technology is one of them. Through innovation, the food sector has the opportunity to navigate challenges and mitigate hidden costs.
The change is already underway. Over 800 decision-makers across different fields in food tech will be coming to the Food Tech Congress, scheduled for May 28-29, 2024, in Warsaw, to discuss how we can harness technology to address these issues. Below are some of the main solutions that will be explored.
