InvestorNewsBreaks – Save Foods Inc. (NASDAQ: SVFD) Committed to Addressing Major Agri-Food-Tech Industry Challenges
Sep 14, 2021
Save Foods (NASDAQ: SVFD) is committed to addressing two major global issues: food waste and loss, as well as food safety. According to the latest study done by World Wildlife Fund (“WWF”) and U.K. retailer Tesco PLC., an estimated 2.5 billion tons of food go uneaten each year. That is an astonishing 1.2 billion tons more than previously reported. “In addition to the astronomical numbers of food wasted, Save Food points out that almost 1 in 10 people fall ill every year from eating contaminated food, costing around $90 billion,” reads a recent article. “Save Foods offers the first green product with the potential to actually replace different residual chemicals used today while also addressing the challenges of both food waste and food safety. SVFD’s proprietary technologies reduce the need for conventional post-harvest fungicide by at least 50% — even entirely in some cases — and can reduce food loss due to spoilage by up to 50% on average.”
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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 the consumers alike. SVFD’s initial applications are in post-harvest treatments in fruit and vegetable packing houses processing, including citrus fruits, avocado, mango, pears, apples and bell pepper. By controlling and preventing pathogen contamination and significantly reducing the use of hazardous chemicals and their residues, Save Foods products not only prolong fresh produce shelf life and reduce food loss and waste, but also ensure a safe, natural and healthy product. For more information about the company, visit 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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