Apeel Sciences Wants to Make Your Avocados Last Longer

The video discusses a plant-based technology that extends the shelf life of fresh produce by creating microclimates on their surfaces. This innovation addresses the significant issue of food waste, which has substantial economic implications. The technology is backed by major investors and can be applied to all types of produce. It is proprietary, involving complex formulations that require a deep understanding of both produce and science. The video also highlights the growing importance of fresh produce in the evolving grocery market, especially with the rise of online delivery services.

What is the primary method used to extend the shelf life of fresh produce?

• Genetically modifying the produce

• Refrigerating the produce

• Applying plant-based formulations

• Using chemical preservatives

What is the estimated global financial impact of food waste?

• $3.5 trillion

• $1 trillion

• $2.6 trillion

• $500 billion

What common factor causes all produce to spoil?

• Excessive sunlight

• Insect infestation

• Water evaporation and oxygen exposure

• Lack of nutrients

Why is the technology described considered proprietary?

• It uses a unique chemical compound

• It is only applicable to certain types of produce

• It is patented by a single company

• It involves a complex understanding of plant materials and microclimates

How is the retail landscape changing with the rise of online grocery shopping?

• There is a decrease in demand for fresh produce

• More stores are opening in urban areas

• The focus is shifting to the fresh perimeter of stores

• The interior of stores is expanding