Startup Ideas AI

Food waste is a global problem, and efficient management is vital. A startup can develop a digital platform connecting restaurants, grocery stores, and consumers with local composting facilities or organizations that can use food waste for energy generation or animal feed. The platform can provide real-time data on available collection services and offer incentives for proper waste disposal. Market size: According to a report by Frost & Sullivan, the global food waste management market is projected to reach $44 billion by 2024, with a compound annual growth rate of 5.5%.