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Food waste or loss is generated within the entire food supply chain from agricultural production to the household level. The level of food waste in the overall food supply chain has negative economic, environmental, and social impacts. The EU has designed and initiated multiple policies targeting and including many different policy areas to tackle food waste. Therefore, this study examines challenges and obstacles facing existing EU food waste policies and initiatives, highlighting the reasons behind the inefficiencies in food waste governance from legislative and food regime theory perspectives. After carefully analyzing current EU legislation related to food waste, the findings indicate that the existing legislation and actions to tackle food waste are disconnected and irregular, such that no agreed comprehensive and established approaches are at the EU level. Existing interventions have hardly addressed the food waste problem directly. While prioritizing the donation of food surplus and food waste hierarchy, the role of market power and corporations and structural explanations in the global food industry have been missing. Therefore, there is a need for a holistic approach to address the issue and an integrated policy framework to tackle food waste.