The food industry is responsible for approximately 30% of energy consumption and greenhouse gas emissions, spread over 40% of the earth’s surface and utilize about 70% of fresh water.
The move to agriculture and sustainable nutrition has tremendous economic implications, and it embodies potential savings of $ 5.7 trillion a year and business opportunities totaling $ 4.5 trillion each year through 2030.
“To ensure the nutrition of the growing world population, it is necessary to move to a circular and sustainable economic model,” says Christopher Kaminker, head of research and strategy for sustainable investments at Swiss bank Lombard Audier, which specializes in private banking and wealth management. “There are a lot of regulations today that seek to address the fact that the food industry – agriculture and industry – is responsible for almost a third of the amount of greenhouse gas emissions in the world.
“The change in food and agriculture will come in technological innovation, which will lead to reduced animal consumption and waste prevention, and we are seeing more and more business models of companies being built in a way that will reduce the impact of the food and agriculture industry on our nature.”
In recent years more and more companies have decided to take on the attempt to improve the state of the environment with the help of various food solutions. Mittels Pharm, for example, is a British company that specializes in the development and production of plant-based meat substitutes using a special method, which has even been patented. The ecological footprint of Mittels Pharm’s plant-based meat substitutes is low compared to its meat counterpart, and as of March, its products are marketed in Israel by Tnuva.
At Pigmentum, in which $ 1 million was invested by the Podtech incubator in Kiryat Shmona, graduates of the Hebrew University have developed a genetic system in plants, which produces natural flavors and dyes in concentrations up to 15 times higher while saving agricultural land, water and other growing costs.
The Israeli food technology company SimpliiGood works to offer the high nutritional values in animal foods – specifically spirulina seaweed, which has nutritional values of 74% protein and absorption of 90% in the body. The growth is done by using solar energy. The accelerator absorbs carbon dioxide from the air and converts it into oxygen, emits no waste into the environment and uses 98% recycled water.
“People like to eat meat, but there are very strong forces on the other side that show the alternative to red meat – a cheaper, often tastier, healthier alternative that does not harm the environment, and there is a demand for it in the market,” Kaminker adds. “Changes like this always take time – but it will happen soon.”