The sentence "Only food can live up to it" is incomplete, and there is no next sentence. The original sentence should be "Only food and love can live up to it". It means that food and love are the most beautiful things in the world, and they are also dedicated, so they can't live up to it.
"Only food and love can live up to it" Sentence:
1. Of all things in the world, only food and love can live up to it.
2. The surprise in life comes from your down-to-earth love for it and your understanding of it after incorporating it. Only food and love can live up to it.
3. Life is a serious and lazy thing, and only food and love can live up to it.