GITNUX MARKETDATA REPORT 2024

Ai In The Restaurant Industry Statistics

AI in the restaurant industry is expected to enhance productivity, improve customer experience, optimize operations, and ultimately drive revenue growth.

With sources from: grandviewresearch.com, foodnewsfeed.com, techcrunch.com, capgemini.com and many more

Statistic 1

Restaurants that use AI can cut their food waste by up to 50%.

Statistic 2

McDonald's invested $300 million in Dynamic Yield, a machine-learning company, to implement AI technology in its online menu optimization.

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Starbucks uses AI-driven software called 'Deep Brew' for its personalization initiatives and it contributes 22% of total U.S transactions.

Statistic 4

85% of Domino's Pizza deliveries in Australia are from online orders, many of which were processed through its AI system 'DRU Assist'.

Statistic 5

By leveraging AI, Chili's reduced their new hire onboarding time by 50%.

Statistic 6

By 2025, the AI in food and beverage market is expected to reach USD 938.4 million.

Statistic 7

37% of restaurants use AI for order management in the U.S.

Statistic 8

In France, the AI startup Pazzi has built an automated pizzeria which is run by robots.

Statistic 9

By the end of 2021, it is forecast that AI in the restaurant market will grow by 30.2% annually.

Statistic 10

The AI-powered voice recognition market in quick-service restaurants is projected to hit $31.82 billion by 2025.

Statistic 11

80% of consumers are more inclined to do business with companies that offer personalized experiences, which can be powered by AI.

Statistic 12

AI could generate up to $340 billion cost savings for retail companies by 2025.

Statistic 13

AI in foodtech is expected to reach $29.39 Billion by 2025.

Statistic 14

AI in the food and beverages market from North America held 62.3% of the total revenue share in 2018.

Statistic 15

93% of businesses are considering implementing AI and machine learning in their processes.

Statistic 16

85% of customer service interactions started by a chatbot in 2020.

Statistic 17

Restaurants using AI for fraud detection rose by 13% in 2021.

Statistic 18

AI and machine learning could cut food waste in the restaurant industry by as much as $252 million by 2025.

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In this post, we explore the significant impact of AI technology on the restaurant industry. The use of artificial intelligence has revolutionized various aspects of restaurant operations, leading to enhanced efficiency, cost savings, and improved customer experiences. From reducing food waste and enhancing online menu optimization to streamlining order management and personalization initiatives, AI is reshaping the way restaurants operate and interact with their patrons. Join us as we delve into the statistics that showcase the growing influence of AI in the restaurant industry.

Statistic 1

"Restaurants that use AI can cut their food waste by up to 50%."

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Statistic 2

"McDonald's invested $300 million in Dynamic Yield, a machine-learning company, to implement AI technology in its online menu optimization."

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Statistic 3

"Starbucks uses AI-driven software called 'Deep Brew' for its personalization initiatives and it contributes 22% of total U.S transactions."

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Statistic 4

"85% of Domino's Pizza deliveries in Australia are from online orders, many of which were processed through its AI system 'DRU Assist'."

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Statistic 5

"By leveraging AI, Chili's reduced their new hire onboarding time by 50%."

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Statistic 6

"By 2025, the AI in food and beverage market is expected to reach USD 938.4 million."

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Statistic 7

"37% of restaurants use AI for order management in the U.S."

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Statistic 8

"In France, the AI startup Pazzi has built an automated pizzeria which is run by robots."

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Statistic 9

"By the end of 2021, it is forecast that AI in the restaurant market will grow by 30.2% annually."

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Statistic 10

"The AI-powered voice recognition market in quick-service restaurants is projected to hit $31.82 billion by 2025."

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Statistic 11

"80% of consumers are more inclined to do business with companies that offer personalized experiences, which can be powered by AI."

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Statistic 12

"AI could generate up to $340 billion cost savings for retail companies by 2025."

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Statistic 13

"AI in foodtech is expected to reach $29.39 Billion by 2025."

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Statistic 14

"AI in the food and beverages market from North America held 62.3% of the total revenue share in 2018."

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Statistic 15

"93% of businesses are considering implementing AI and machine learning in their processes."

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Statistic 16

"85% of customer service interactions started by a chatbot in 2020."

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Statistic 17

"Restaurants using AI for fraud detection rose by 13% in 2021."

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Statistic 18

"AI and machine learning could cut food waste in the restaurant industry by as much as $252 million by 2025."

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Interpretation

The statistics highlight the significant impact of AI technology in the restaurant industry, with notable improvements in efficiency, personalization, cost savings, and waste reduction. From major chains like McDonald's and Starbucks to innovative startups like Pazzi, the adoption of AI is transforming various aspects of restaurant operations, from menu optimization to order management. The projected growth and potential savings associated with AI emphasize its pivotal role in shaping the future of the food and beverage market. As consumer preferences continue to evolve, businesses that leverage AI for personalized experiences and operational enhancements are poised to stay competitive and drive customer loyalty.

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