The correct answer is option 1: Phloem.

In plants, the food conducting tissue is responsible for the transportation of organic nutrients, such as sugars and amino acids, throughout the plant. This tissue is known as the phloem.

Option 2, xylem, is responsible for the transportation of water and minerals from the roots to the different parts of the plant.

Option 3, parenchyma, is a type of plant tissue that is involved in various functions like storage, photosynthesis, and secretion. However, it is not directly involved in the transportation of food.

Option 4, collenchyma, is a type of plant tissue that provides structural support to the plant. It is not involved in the transportation of food.

Therefore, the correct answer is option 1, phloem, as it is specifically responsible for the transportation of food in plants.