Regarding this figure food waste accounts for 920,000 metric tons; this is equal to 1.3 billion meals or one in six of the 8 billion meals served annually by the sector.
Food waste commonly arises from three main areas: 45 percent from food preparation, 34 percent from consumer plates and 21 percent due to spoilage.
Some 75 percent of all food wasted was avoidable and could have been eaten.
The estimated cost of 1 metric ton of food waste is £2,800 ($4,582).
Coca-Cola Enterprises, Unilever, AB InBev and Nestlé are among the 45 UK retailers, manufacturers and brands that committed to
reducing food and drink waste
by 1.1 million metric tons by 2015 in the third phase of the Courtauld Commitment, launched earlier this year.
Hospitality and Food Service Agreement,
has set a goal to decrease food and packaging waste by 5 percent by the end of 2015 against a 2012 baseline, measured by CO
e, and to increase the general rate of food and packaging waste being recycled, sent to anaerobic digestion (AD) or composted to at least 70 percent by the end of 2015.