Food Retail Market Technological Advancements: AI and IoT in Retail Operations
The global food retail market is on the brink of a transformative decade, with projections indicating an explosive growth trajectory from an estimated $12,588.8 billion in 2024 to a staggering $21,503.5 billion by 2034. This phenomenal expansion, driven by a compound annual growth rate (CAGR) of 5.5%, reflects significant shifts in consumer behavior, technological advancements, and...
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