Journal of Consumer Affairs · 2011 · 176 citations · 14 references
AgricultureAgricultural EconomicsRetail ManagementFood EconomicsFood PolicyRetail PricingFood LossFood PricesFood Retail EconomicsFruit CropsLoss QuantificationLoss ReductionFood Loss AccountingFood Loss EconomicsFood Loss MitigationFood Loss ReductionMarket LossesRetail Food EconomicsRetail Food PricesTotal Economic Value
Food loss at the retail and consumer levels in the United States includes 14.8 billion pounds of fruit and 23.4 billion pounds of vegetables, valued at $15.1 billion and $27.7 billion, respectively, in 2008 retail market prices. The total value of these losses is $42.8 billion per year, or roughly $141 per capita. To most efficiently reduce the annual food loss, it may be beneficial to focus efforts on the four fruits (fresh apples, grapes, peaches and strawberries) and four vegetables (fresh and canned tomatoes and fresh and frozen potatoes) that have the greatest amount of loss.
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