Each year, roughly one third of world food production destined to human consumption is lost or wasted across the food supply-chain, to the value of 750 bn $. It is a huge amount, that corresponds to approximately 1,3 bn of tons in food. 58% of the food produced is wasted before even arriving to the consumer, and almost 20% of food global loss is due to cold-chain disruptions. Forward-looking projections are not comforting: the market value due to wastage will reach 4,2 bn $ for wine (2018), 69,2 bn $ for fruit and vegetables (2022), 88,4 bn $ for milk and dairy products (2019) and 169 bn $ for meat and fish (2019). At a national level things are not going much better: food waste in Italy is worth more than 3,5 bn € each year, from the fields (946.229.325 €) to industrial production (1.111.916.133 €) to wastage in distribution (1.444.189.543 €): a figure that, added to household food waste, brings us to more than 15,5 bn € thrown away each year (0,94% of GDP).
According to a study, to this day the digital revolution intervenes in a major way to ensure food traceability to supply-chains, reducing wastage, boosting revenues and increasing process efficiency: 36% of agrifood companies, thanks to the implementation of digital solutions, has experienced reductions of time and costs connected to the processes of data collection, management and transmission. In this scenario, we are seeing a steady growth of cold-chains’ global value, which no later than 2022 will reach a total value of 271,3 bn $, with a 7% CAGR , while up to 2020 250 bn $ will be spent in IoT solutions for food traceability – 40 of which in the single segment of traceability systems for logistics – with a 30% CAGR. Therefore, if man is what he eats, then IoT solutions for food supply-chains will contribute to ameliorate man a bit, by making food more safe and reducing its wastage.