Pumpkins and Other Food Waste

Pumping Value out of Pumpkins: Food Waste Growth Markets

Pumpkins and Other Food WasteThe growth strategy firm, Innosight, published a piece, “The Food Waste Opportunity: How Experiments Can Open New Growth Markets.”  It explores the burgeoning food waste industry and highlights Harvest as a leader in providing organic management solutions.

Here’s one slice of the story:

This Cinderella transformation of discarded food is just one example of how marketplace experiments can help spur new growth markets. Venture capitalists are believers: Harvest Power has raised more than $350 million, making it one of the best-funded startups in New England.

And another bit:

Because food is an organic compound and readily biodegradable, one might assume that all this waste is not a major problem. However, consider this. Food takes resources to produce-water, land, fertilizer, energy. It’s heavy and expensive to transport. As food lies in a landfill, it decomposes and emits methane – a gas 25 times worse for climate change than carbon dioxide. Lastly and certainly not least, there is a high social cost.

Read the full article.

3 replies
  1. Mark
    Mark says:

    So pleased that venture capitalists around the globe are catching onto this!! It’s so important for this planet. My family and I are huge on recycling and we grow a lot of our own fruits and vegetables – and it doesn’t matter what shape they are – we still eat them all!

    Reply
  2. Brett
    Brett says:

    Thank you for sharing this! My girlfriend & I are going to offer a pumpkin recycling service free of charge to our neighborhood after this Halloween weekend is over and this article helped inspire us!

    Reply

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