SWOT Analysis on food waste in Canada
Description
Is there a viable opportunity for a new entrant to take market share in this industry in Canada. What are the start up costs to make an entrance in the GTA and Montreal?
Background: Food production is both time and resource intensive. A byproduct of Food production is food waste which has received growing interest from various sources such as local, national and international policy makers over the years. Nearly eighty percent of food produced for human consumption accounting to about 1.3 billion tonnes is lost or wasted every year. This indirectly results in a wide range of environmental impacts such as soil erosion, deforestation, water and air pollution and green-house gas emissions from the food production process.(Schanes Karin, Dobernig Karin and Gozet Burcu, 2018 and Chauhan Chetna et al, 2021). For example, the value chain of food and drink is responsible for 17% of direct greenhouse gas emission and about 28% of the consumption of material resources (Göbel Christine et al, 2015). Hence it is important to increase global awareness of food wastage as well as find a solution to minimize its impact on the environment.
The Food Supply Chain (FSC) includes farm, postharvest, processing, distribution, retail and consumers. Food waste is prevalent throughout the supply chain. Global researchers estimate that the percentages of food loss in production, postharvest and consumption accounts to 24, 24 and 35 per cent, respectively. The reasons for Food waste include micro-level causes such as packaging and transportation, meso-level causes which include infrastructure and FSC practices and macro-level causes such as purchasing options (Chauhan Chetna et al, 2021).
According to Secondi et al. (2015), Food waste can be defined as avoidable or unavoidable waste. GreenGroceries. Inc will attempt to resolve the avoidable waste during the consumption phase which accounts for 35% of global waste (Chauhan Chetna et al, 2021).
