Even as governments grapple with the challenges of ensuring long-term food security for millions in the region, the Asia-Pacific (APAC) remains one of the top contributors to the global food waste problem. Nestle Singapore’s recent move to upcycle food byproducts from its factories showcases how corporations can address this crucial issue, says GlobalData, a leading data and analytics company.
Most of the food loss emanates from highly industrialized and urbanized countries, namely Japan, China and South Korea, where industrial food production and processing generates tons of byproducts, most of which is dumped or incinerated. Household food waste is also …
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