New and emerging risks are shaping the food, agriculture, and beverage industry. In today’s market, understanding key risk factors, and how to mitigate them, is essential. Here are eight emerging risks to know.

1. Artificial intelligence

Interest and deployment of artificial intelligence tools and pilots skyrocketed in 2023 following the launch of ChatGPT, a generative AI tool. Since then, investments in AI technology have increased exponentially as companies test
new and innovative use cases. While many AI systems focus on processing
data, handling customer service, or hiring and screening job applicants, AI is
also being used throughout the food and beverage industry to optimize supply
chains and enhance food safety, customer service and support, quality control,
and sustainability