Current state and inefficiencies

  • Around one-third of all food produced worldwide is wasted. In wealthy countries, it is mainly wasted on the consumer side; but in most of the world, it happens in the production and distribution of the food and produce.
  • Due to global warming's effect on climatic conditions, the industry needs to cope with erratic weather such as inadequate rainfall and long heat waves, resulting in a lack of available water for irrigation and frequent crop failures.
  • Due to an unsatisfactory fall in prices, most farmers are unable to sell their produce in normal markets. In some markets, a middleman is needed, who takes a share of the profits. Farmers, in turn, get lower prices for their crops, and with the lack of transparency ...

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