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How solar-powered refrigerators might supply food shortage 2023

How solar-powered refrigerators might supply food shortage 2023

How solar freezers might help with the 2023 food shortfall

Food loss and waste are serious issues everywhere in the world. People get hungry and economies become less productive when food is wasted or allowed to deteriorate.

Additionally, it alters Earth’s climate by producing the powerful greenhouse gas methane. Four percent of the world’s emissions of greenhouse gases come from food loss and waste. Food waste would be the third-largest emitter in the world, after China and the United States, and ahead of India.

1.3 billion tonnes of food are lost or wasted annually in the world. By 2050, it is anticipated that there will be around 10 billion people on Earth, up from the current 8 billion.

Nations will need to raise agricultural productivity by more than 70% and decrease food loss and waste if they want to feed that many people.

It can have a significant influence to extend food cold chains to the world’s least-developed nations. But if it’s not done in a way that doesn’t contribute to climate change, it also creates issues.

Food Shortage 2023
Food Shortage 2023

Why are “cold chains” crucial?
Consider the route that food takes from the field to your table to gain an understanding of the significance of cold chains. It is initially picked and sent to a wholesaler. It may then be sent directly to retail establishments or a food processing facility to be cooked, frozen, or canned.

It could sit for hours to days throughout each step. Food can rot or get contaminated with germs that cause foodborne diseases if it is not kept at a safe temperature.

Globally, there were over 700 million hungry people in 2021, with 425 million of them living in Asia, 278 million in Africa, and 57 million in the Caribbean and Latin America. The cold storage capacity in many of these nations is insufficient to prevent food from rotting before it can be consumed.

Cold food networks are crucial for the supply of vegetables, milk, meat, and seafood. 23 percent of perishable goods produced by nations, primarily in underdeveloped nations, are lost before they are sold.

Cereal crop losses, which also profit from cold storage, are astounding. For instance, owing to improper storage, Ethiopia loses nearly one-third of its maize stockpile within five weeks. According to estimates from India’s Ministry of Food Processing Industries, the nation lost or squandered 56 million tonnes of food in 2019, totaling roughly US$10 billion, primarily as a result of a shortage of cold storage.

Crop contamination and insect infestation can result from insufficient postharvest management. Aflatoxin poisoning in Uganda, where the majority of maize is cultivated by small farmers with inadequate facilities for drying and storing it, has been a major issue for both human and animal health.

What are the advantages of cold storage for society?
The Kigali Amendment to the Montreal Protocol on Substances that Deplete the Ozone Layer has been ratified by over 150 nations. The need that countries gradually reduce their usage of HFCs under this 2016 agreement is causing changes in the cooling energy sector.

Currently valued at $160 billion, the global cold chain industry is expected to grow to $585 billion by 2026. Although now a limited sector, solar-powered cold storage is expected to expand.

Sustainable cold storage has several advantages for women, who produce 60 to 80 percent of crops and handle postharvest tasks in the majority of developing nations, in addition to eliminating food loss and waste, raising earnings, halting land degradation, and lowering greenhouse gas emissions.

Because females have less access than men do to assets and financial resources in many nations, research on climate financing suggests that women may be disproportionately affected by poverty.

Women are positioned to participate in the food cold chain business in remote and rural areas, however, if the international community offers financial and technical support, improving their economic status and means of subsistence. This is because women play important roles in farming and managing food supplies.

How do we know solar-powered cold storage works? Pilot projects
For a number of reasons, I believe sub-Saharan Africa is a prime location for the implementation of food cold chains. First of all, the majority of its food is lost or wasted during the harvesting and storage processes.

At these phases, installing sustainable cold chain solutions can significantly minimize losses at an early stage. Second, there are many areas in the area without food cold chains. By making an investment in this area, you may skip over outdated systems and move right up to environmentally friendly ones.

I believe the most practical approach is a bottom-up one that begins at the farm level. Notably, cooperatives comprised of dairy producers in Uganda have made investments in cold chain storage.

Because of this, they were significantly more robust to market disruptions during the COVID-19 epidemic than other industries, such as fish and vegetables, which experienced severe losses as a result of producers’ inability to transport their goods to markets.

Nigeria has Africa’s highest annual per capita food loss and waste rate at 415 pounds (190 kilograms). Seven tiny fruit and vegetable markets in northern Nigeria participated in a six-month trial project to construct solar-powered cold storage, which allowed the shops to charge higher prices while maintaining the quality of the produce.

Approximately $8,000 in net earnings were produced by these methods annually for each market. Such a system may pay back its $40,000 initial cost in less than ten years, even at a 7 percent annual interest rate.

In some areas of Nigeria, just 55% of the population has access to power, and the majority of that electricity is produced by gas and oil. A greener option is cold storage fueled by renewable energy.

being increasing being increasing need for cold storage facilities to support the outlook for market growth

Consumers, who are also increasingly concerned with health and wellbeing, have a greater understanding of the effects of food nutrients, particularly protein, on overall physical and mental growth and development. As a result, how people consume perishable foods including dairy, fruits, vegetables, and high-protein animal-based products has altered (such as meat, eggs, and fish and seafood). In developing countries in the Asia Pacific and Latin America, there is a significant demand for perishable food goods. This might be attributed to the nation’s rapid urbanization, changing consumer preferences and tastes, and increasing disposable income., have a greater understanding of the effects of food nutrients, particularly protein, on overall physical and mental growth and development. As a result, how people consume perishable foods including dairy, fruits, vegetables, and high-protein animal-based products has altered (such as meat, eggs, and fish and seafood). In developing countries in the Asia Pacific and Latin America, there is a significant demand for perishable food goods. This might be attributed to the nation’s rapid urbanization, changing consumer preferences and tastes, and increasing disposable income.

a significant amount of dairy product intake

In the face of the COVID-19 epidemic, the dairy industry has exhibited extraordinary tenacity. Fresh liquid milk and other dairy products were particularly vulnerable to supply chain disruptions because of their perishable nature; nonetheless, the global dairy industry was not as severely impacted as other industries. The negative impacts of the pandemic varied by location and included everything from a shortage of shipping containers to the necessity to dispose of extra goods. Over the predicted period, a large rise in global milk production (consisting of 80% cow milk, 15% buffalo milk, and 4% of goat, sheep, and camel milk combined) is anticipated (to 1020 Mt by 2030, faster than most other major agricultural commodities).

The majority of dairy production is consumed as fresh dairy products that have not been treated or have hardly been processed (i.e. pasteurized or fermented). Over the next 10 years, high demand growth is anticipated to lead to a rise in the percentage of fresh dairy products eaten worldwide. In the upcoming years, the market for solar-powered cold storage is expected to grow as a result of widespread use of milk and other dairy products.

Market Opportunity: Retail Sector Growth

The growth of retail chains and channels, such as supermarkets, hypermarkets, and convenience shops, is one of the main drivers supporting the rise of the cold chain business. As a result of the expansion of retail chains, several producers now have their own internal chilled storage facilities.

In developed countries like the US, UK, and Germany as well as emerging economies like China, Brazil, and Argentina, large food retail chains are expanding their shops. Chains like Walmart, Tesco, Spar, and 7-Eleven are among them. For instance, Walmart is the largest American worldwide retailer, with more than 11,000 outlets spread over 27 countries. It has a substantial fleet for transporting perishable goods and a reliable distribution network. Additionally, to get perishable items to its retail locations quickly, it uses 3PL refrigerated warehouse service providers.

The advent of such major merchants and their increasing activities in international commerce are creating market expansion possibilities for chilled warehousing and chilled transportation. Governments in various nations are striving to decrease food and agricultural waste by setting legislation about food waste and providing support to businesses involved in the food industry, such as the cold chain sector.

Who are the major companies in the market for solar-powered cold storage?

The top prominent companies in the solar-powered cold storage market are Ecozen Solutions, ColdHubs, Unitech Engineering Solutions, Bharat Solar Energy, Termodizayn, Viking Cold Storage, Solar Freeze, Aldelano Solar Solutions, Mech Air Industries, and many others.

Benchmarking Considerations in the Market Report for Solar-Powered Cold Storage

Various benchmarks are used to estimate the market’s growth, including but not limited to:

Outlook for World Economic Growth
Top Companies Historical Growth Rate Pricing Impact Technological Development Infrastructure Penetration of Solar Power
Increased Trade Activities
Increasing the Consumption of Processed Food
Cold Storage Facility Demand
Increasing Need for Fish, Meat, and Seafood Storage
For the purpose of giving regional insights into the product category in the study, these factors are recognized at the regional level and in significant nations worldwide. This enables our customers to make wise decisions.

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