There is very little food going to waste.
Actually it is all going to waste, after the fish have digested it.
This is part of the reason I prefer sumps over canisters for larger tanks, cleaning two small canisters on my 400L tank is more than enough hassle for me! When I ran an FX5 I filled the top basket with wool and every water change I'd simply lift the lid and replace it, then give the sponges a rinse every second or third clean.