Despite knowing that global hunger is a crisis, annual food waste is staggering. More than 1.3 billion tons of food are wasted every year. And in the United States alone, estimates suggest that roughly 229 million tons of food, worth about $408 billion, never make it to the table. That’s approximately 35% of the combined global loss. It gets worse.
The United Nations reports that food losses and waste reach upwards of $680 billion in industrialized countries and $310 billion in developing countries. Save Foods, Inc. (NASDAQ: SVFD) is ready to help. They are already positioned to put a considerable dent in that waste number, leveraging the results of nine pilot projects that helped to build commercial partnerships across the globe. They already have five in place, which could help capture a sizable share of the $2.3 billion post-harvest treatment market.
Even better, recent expansion into Turkey could accelerate European growth.
Safe Products Through Green Innovation is doing well to protect fresh fruit and vegetables from microbial spoilage and food-borne pathogens responsible for decay and food-borne illnesses. Better still, with its products reducing or eliminating the harmful residues often found on produce, it does more than help the environment. Food stays fresher, longer and more people can eat.
With seven patents protecting its food-saving technology, SVFD is more than in the right markets at the right time to make a difference; competitors can be kept at bay. Moreover, with its food-saving products not leaving any residues of toxicological concern on the treated produce surface, and with its ingredients recognized by the USDA and FDA as Generally Recognized As Safe (GRAS), SVFD has cleared the barriers of entry that keep many of its competitors idle. Better still, it positions SVFD to face off against the two most critical challenges of the modern world- food waste & food safety. At the same time, they can help feed the more than one billion people per year that go hungry.
Surging Population Adds To Already Vibrant Market:
That’s especially true as the world’s population grows to an expected 10 billion people in the next three decades. And considering that food safety isn’t talked about much in the political arena, companies that can make a difference with cost-effective measures can secure a big piece of the food safety and preservation markets.
Better yet, Save Food Inc. products not only keep food safe and fresher longer, but its formulation is also all “green.” That’s an important distinction.
Its blend of food acids and oxidizers is more than safe; it’s proven to reduce the bacterial and fungal attacks on food, leading to higher quality and optimum utilization of the food it protects. Hence, more food remains available to global markets.
Know this, too. SVFD isn’t earning patents by being ordinary. Its products are proven to increase product shelf life by significantly minimizing bacteria and fungus on treated foods and still leaving a residue level well below competing and potentially toxic treatments. Also notable, its products don’t harm the environment and almost entirely mitigates fungal and bacterial decay. Plus, SVFD products are odorless and don’t irritate the skin. Thus, by keeping food safe, people safe, and saving billions of pounds of food in the process, SVFD delivers a win-win-win proposition.
Patent Protection Helps Competitive Position:
That success comes through seven awarded patents. And those patents help target and protect opportunities where worldwide demand for fresh produce is stronger than ever. But, demand is only part of the equation. SVFD facilitates getting food into the hands of consumers with a delicate balance of maximizing yield and shelf life while minimizing the use of harmful chemicals. That’s SVFD’s mission. And while they endeavor to earn a large portion of the market opportunity, their vision is still aligned with others- protect food, feed people, assist exporters, and maximize opportunities for retailers. Hence, it’s a multi-dimensional business strategy. And reaching each market is part of SVFD’s plan to expand.
What’s happening now, with Save Foods showing that its produce treatment products increase yield, extend shelf life, and help get substantially more products to consumers, wholesalers, and retailers. And by using safe, FDA GRAS ingredients, its mission to establish itself as the preferred solution for produce suppliers is in its crosshairs.
That proposition also exposes a compelling investment opportunity to tap into SVFD’s success.
Save Foods Long (Buy)
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