15 July 2015 14:09:57 IST

Food powder created from expired produce launched

It is described it as “taking dumpster diving to the next level”

The global amount of food wasted each year is an estimated 1.76 billion tons — that's $750 billion in terms of economic loss, according to the United Nations.

In order to attempt to eliminate this wastage, a group of international masters students created FoPo Food Powder. The company collects cheap and near-expired produce and spray dries it into a powder to extend its shelf life for two years, describing it as “taking dumpster diving to the next level”.

FoPo Food Powder's goal is to become a vital component in ending world hunger.

The powder has three flavours: banana, raspberry and mango — but soon pineapple. It will retain about 30-80 per cent of its nutritional value, according to the company, and can be sprinkled atop yogurt or ice cream, used in baking or blended into smoothies.

To read Mashable’s full story on FoPo, click here .