Save Foods (NASDAQ: SVFD) (FSE: 80W) has been focused on helping to shape the future of fresh produce, tackling food safety and waste for the past 14 years. This positions the company amid calls to action for people, including the public and private sectors, to prioritize efforts and initiatives to cut food waste and loss to enhance the efficient use of natural resources, mitigate climate change, and support food security and nutrition. The Food and Agriculture Organization (“FAO”) of the United Nations (“UN”) estimates that around 14% of the world’s food is lost after harvest, while about 17% is wasted in retail and at the consumption level. To combat this problem, the United Nations Development Programme’s (“UNDP”) Sustainable Development Goals (“SDG”) 2030 call for halving per capita global food waste at the retail and consumer levels and reducing food losses along production and supply chains. With seven years left to reach this target, there seems to be a need to urgently scale up action to reduce food loss and waste to meet the SDG. Save Foods and its Israeli subsidiary, Save Foods Ltd., are poised to assist, having been dedicated to delivering integrated green solutions for improved food safety, freshness and quality, every step of the way from field to fork. Save Foods is addressing two of the most significant challenges in the agri-food tech industry — food waste and loss and food safety. Since 2009, the company has been collaborating closely with growers, packers, food retailers and service providers around the globe to develop new solutions, treatments and products to extend the shelf life of fresh produce. The company believes this ensures its safety while reducing (and in some cases eliminating) the use of the hazardous chemicals used today.
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About Save Foods Inc.
Save Foods is an innovative, dynamic company addressing two of the most significant challenges in the agri-food tech industry: food waste and loss and food safety. The company is dedicated to delivering integrated solutions for improved safety, freshness and quality, every step of the way from field to fork. Collaborating closely with its customers, Save Foods develops new solutions that benefit the entire supply chain and improve the safety and quality of life of both workers and consumers alike. Its initial applications are in post-harvest treatments in fruit and vegetable packing houses processing produce including citrus, avocado, pears, apples and mangos. By controlling and preventing pathogen contamination and significantly reducing the use of hazardous chemicals and their residues, Save Foods’ treatments not only prolong fresh produce shelf life and reduce food loss and waste, but they also ensure a safe, natural and healthy product. For more information, visit the company’s website at www.SaveFoods.co.
NOTE TO INVESTORS: The latest news and updates relating to SVFD are available in the company’s newsroom at https://ibn.fm/SVFD
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