Reducing food waste through smart refrigerator technology
One area of frustration for people today is the amount of food waste generated in households. Smart refrigerator technology can help monitor food expiration dates, suggest recipes based on available ingredients, and send notifications to users when food is about to expire. This can significantly reduce food waste and save money. Market size: According to a report by Technavio, the smart refrigerator market is estimated to reach $2.7 billion by 2024, growing at a CAGR of 14% from 2019 to 2024.