Each year up to 40 percent of all food in the United States goes to waste which amounts to $165 billion total loss for the economy.
Food waste in the West has become a hot topic because of its environmental and humanitarian implications. A report last year found up to half of the food produced worldwide was wasted because of poor harvesting, storage and transport methods, as well as irresponsible retailer and consumer behaviour.
According to figures from the Commission, up to 100 million tonnes of food are wasted in Europe each year, while last year’s report from the London-based Institution of Mechanical Engineers found that 30 to 50 percent of food which gets to supermarket shelves is wasted – often because of poor understanding of best before and use by dates.
According to a 2013 report by the National Resources Defense Council, the average American tosses about 25 percent of food and beverages purchased. For a family of four, the money wasted could total from $1,365 to $2,275. Food spending as a percentage of the overall budget has decreased dramatically over the last few decades, but it’s still the third-largest expense for a household.
It is necessary for everyone to realize how much products we buy and how much we actually consume. Every item thrown away should be seen as unnecessary expense that could have been avoided.
I don’t know about you but extra $1,365 to $2,275 is always appreciated in my pocket.