This report provides a detailed overview of key factors in the Cloud Kitchen Foodservice Market and factors such as driver, restraint, past and current trends, regulatory scenarios and technology . Innovative cloud kitchens are displacing home eating and will continue to do so. It allows food businesses to optimize and expand delivery or takeout services at a minimal cost compared to conventional brick-and-mortar locations, which require physical dine-area and huge capital investment. Addition or alteration to country, regional & segment scope. Figure 64: Russia: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 14.3.9.1 Company Overview 9.3.2.2 Market Forecast 2.4 Market Estimation Based on Type, the market can be classified intoMulti-brand Cloud Kitchen, Independent Cloud Kitchen, Hybrid Cloud Kitchen, Others. Figure 67: Others: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 This is the original cloud kitchen model. 6.2.2 Market Forecast Currently, independent cloud kitchen holds the majority of the total market share. Moreover, a rise in the number of food trucks and caterers that use storage space and free time slots of restaurant facilities is expected to drive the segment growth. 14.3.9.2 Product Portfolio 7.4.2 Market Forecast Global cloud kitchen market was valued at USD 700 Million in 2018 and is expected to grow at a CAGR of 17.25% through the forecast period (2017-2030). ET 7.5 Mexican and Asian Food It contains an in-depth outline of the market, including Cloud Kitchen Market size, trends, growth, and forecast. Especially among the women, there has been gradual adoption of working lifestyle . Source. Privacy policy. The trend is expected to continue over the forecast period, thanks to the rising number of standalone brands serving customers from a single location. Figure 22: Global: Cloud Kitchen (Mexican and Asian Food) Market: Sales Value (in Million US$), 2016 & 2021 Cloud kitchen GMV 2018-2025. 9.3.4 Italy Cloud Kitchen Market Size is projected to Reach Multimillion USD by 2028, In comparison to 2021, at unexpected CAGR during the forecast Period 2022-2028. Figure 45: South Korea: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 2.2 Gain Actionable Data To Adapt and Optimise Your Restaurant. Figure 72: Mexico: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 A web/app-based ordering system in cloud kitchens allows for more flexibility when it comes to setting up a menu, and its pricing as a dish can easily be discarded based on customer feedback without incurring any printing menu costs. In addition, we are always willing to comply with the study, which triangulated with your own data to make the market research more comprehensive in your perspective. Rise in number of young populations globally, along with changing taste preference of consumers has raised demand for online food delivery. The global cloud kitchen market is expected to grow at a compound annual growth rate of 12.4% from 2021 to 2028 to reach USD 139.37 billion by 2028. b. 1. A cloud kitchen utilizes a commercial kitchen for the purpose of preparing food for delivery or takeout only, with no dine-in customers. an optimised cloud kitchen uses data analysis in supply chain . 14 Sep, 2022, 03.26 PM IST. Figure 53: Europe: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 Additionally, the demand for online food delivery services increased during the COVID-19 pandemic when dine-in restaurants were closed, which led to the establishment of several cloud kitchens in the region, resulting in regional market growth. Include important information such as your objective, the inspiration for your firm, the company's initial and future plans, and so on. If you want to be more exact, use #orders/(#searches + #ad clicks). Individual ghost kitchens with their online ordering solutions are also witnessing increased adoption. What was the size of the global cloud kitchen market in 2021? What has been the impact of COVID-19 on the global cloud kitchen market? The research divides the global Cloud Kitchen market into different segments of the global market based on types, application, key players, and leading regions. Global Cloud Kitchen Market to Reach US$ 112.53 Billion by 2027, Bolstered by Growing Popularity of Online Food Delivery Services. 9.2.2 Japan Microsoft confirms plans to lay off about 10,000 workers as tech companies cut back. India is been food cherishing nation and Indian food reflects mix of different . The major players are: REEF Technology, CloudKitchens, Kitchen United, Virtual Kitchen Co and DoorDash Kitchens. 2.5 Forecasting Methodology 3 Executive Summary 14.3.5.1 Company Overview Besides this, it also helps them focus on marketing, minimizing administrative hassle and logistics, and reaching a larger audience. Figure 21: Global: Cloud Kitchen (Seafood) Market Forecast: Sales Value (in Million US$), 2022-2027 Please fill out the form below for a free PDF report sample & The denominator here indicates people with intention to order meals. 14.3.1 CloudKitchens Figure 65: Russia: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 Discounted price for multiple reports across domains, 2. 14.3.11.1 Company Overview Choose reports from a database of more than 10,000 reports. Browse Detailed TOC, Tables and Figures with Charts which is spread across 115 Pages that provides exclusive data, information, vital statistics, trends, and competitive landscape details in this niche sector. The standalone segment is expected to register a significant CAGR over the forecast period. Based on the product type, the global cloud kitchen market has been divided into burger and sandwich, pizza and pasta, chicken, seafood, Mexican and Asian food, and others. 9.2.1 China Kitchen United, Kitopi, Lightspeed Commerce Inc., PAR Technology Corporation, POSist Technologies . The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Cloud Kitchen market. Big cloud kitchen data analysis with cost savings when moving to the scalability of operations has to focus on ambiance,,. Furthermore, the rising demand for digital ordering solutions favors market growth. COVID-19 The pandemic continues to cause unprecedented disruption across industries worldwide. By setting the right metrics, conducting descriptive, diagnostic and predictive analysis using analytical tools, one can improve Cloud Kitchen performance in areas like marketing and operation. Figure 40: Japan: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 Comprehensive analysis of factors that will challenge the growth of cloud kitchen market vendors Gain instant access to 17,000+ market research reports. Table 5: Global: Cloud Kitchen Market Forecast: Breakup by Region (in Million US$), 2022-2027 A cloud kitchen's labor force consists of head chefs, sous chefs, dishwashers, managers, and delivery drivers. Our support available to help you 24 hours a day, five days a week. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. 14.3.8.2 Product Portfolio Thus, benefits such as the minimal risk involved in establishing a cloud kitchen and gaining a considerable profit share are expected to drive the growth of the segment. 14.3.2.3 Financials Free upgrade to enterprise license (allows to share across all company locations), 5. This cloud kitchen model is for businesses that offer different types of cuisines. 9.4.1.1 Market Trends 9.3.3.1 Market Trends The model can be used by start-ups to create 5 years projections along with the construction/setup phase. This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. This is expected to drive the growth of the segment over the forecast period. 1. 9.4.2.1 Market Trends Figure 3: Global: Cloud Kitchen Market Forecast: Sales Value (in Billion US$), 2022-2027 9.2.3.1 Market Trends Cloud kitchens are high-profit, low-risk business ventures for restaurant owners, caterers, food entrepreneurs and other food businesses. TO KNOW HOW COVID-19 PANDEMIC AND RUSSIA UKRAINE WAR WILL IMPACT THIS MARKET - REQUEST SAMPLE. A Qualitative Research Study accomplished by Polaris Market Research database of "Cloud Kitchen Market" with 100+ market data Tables, Pie Charts, Graphs & Figures spread through Pages and easy-to-understand detailed analysis. 8.2.1 Market Trends The global cloud kitchen market size was estimated at 56.71 billion U.S . Figure 26: Global: Cloud Kitchen (Franchised) Market: Sales Value (in Million US$), 2016 & 2021 As known as ghost kitchens, shadow kitchens, virtual kitchens and dark kitchens, Cloud Kitchen is a restaurant with an online presence but no storefront (dine-in facilities). My brother died 10 months later. Key factors that are driving the cloud kitchen market growth include increasing consumer preference for online food services over dining experiences and the increased profit margin of the virtual kitchen business in comparison to dining restaurants. It is primarily virtual and is reliant on food delivery apps, website/web portal orders, and/or calls to generate sales. What is the expected growth rate of the global cloud kitchen market during 2022-2027? The global cloud kitchen market was valued at USD 51.76 billion in 2020 and is expected to grow at a CAGR of 12.1% during the forecast period. While the growth of Global Cloud Kitchen Market is currently hindered by; Increase in health issues due to consumption of fast food and Competition from fine dining and quick service restaurant (QSRs). Published Date: March 1, 2020. Some of the prominent players operating in the global cloud kitchen market are: Revenue in USD million and CAGR from 2021 to 2028, Revenue forecast, company ranking, competitive landscape, growth factors, and trends, North America; Europe; Asia Pacific; Latin America; MEA, U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico, Dahmakan (Pop Meals); DoorDash; Kitchen United; Kitopi; Rebel Foods; Zuul Kitchens, Inc; Starbucks Coffee Company; Ghost Kitchen Orlando; CloudKitchens; Swiggy. 6.1.1 Market Trends 9.2.3 India 6.1.2 Market Forecast Free trial, before you make a purchase decision. Data courtesy: Cloud Kitchen C. Choosing the right rental space. The Global Cloud Kitchen Market is expected to grow by $ 24.31 bn during 2022-2026, accelerating at a CAGR of 12.09% during the forecast period. 9.1.2 Canada 4 Introduction Figure 23: Global: Cloud Kitchen (Mexican and Asian Food) Market Forecast: Sales Value (in Million US$), 2022-2027 b. Servers, cashiers, hosts, and front. Our aim is to provide the best solution that matches the exact customer requirements. 14.3.3.1 Company Overview 2.2 Stakeholders The global cloud kitchen market size was valued at USD 51.96 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 12.4% from 2021 to 2028. At 360 Research Reports, our objective is providing a platform for many top-notch market research firms worldwide to publish their research reports, as well as helping the decision makers in finding most suitable market research solutions under one roof. 9.3 Europe These insights are included in the report as a major market contributor. Press Release Distributed by The Express Wire, To view the original version on The Express Wire visit Cloud Kitchen Market : A Comprehensive Analysis of the Global Industry from 2023 to 2028, Including Size, Share, Growth, and Trends, COMTEX_422412995/2598/2023-01-10T05:00:39. The Qualitative Analysis Of Cloud Kitchen Emerging As A Viable Food & Beverage (F&B) Alternative Post COVID-19. Establishing standalone kitchens as a brand requires time and therefore adoption is less in comparison to franchise stores. 7.1.1 Market Trends A variety of methodologies and analyses are used in the research to ensure accurate and comprehensive information about the Cloud Kitchen Market. Some key players operating in the cloud kitchen market include Dahmakan (Pop Meals); DoorDash; Kitchen United; Kitopi; Rebel Foods; Zuul Kitchens, Inc; Starbucks Coffee Company; Ghost Kitchen Orlando; CloudKitchens; Swiggy. A Cloud Kitchen that has been operated for a relatively long period of time can use its past order data to build time series models and forecast demand. 14.3.8 Rebel Foods 2.4.2 Top-Down Approach 10.3 Weaknesses Cloud Kitchen Market Regional And Country Analysis 7.1. The MarketWatch News Department was not involved in the creation of this content. The guest experience is crucial. This holds true in the Cloud Kitchen space, whose cost structure is highly dependent on labor cost given that fixed cost generated from physical storefront like rent no longer poses a problem. 1. The popularity of cloud kitchens is more prominent in the Asia Pacific region, which accounted for more than 60% of the global market in 2020. 7.3.1 Market Trends Figure 19: Global: Cloud Kitchen (Chicken) Market Forecast: Sales Value (in Million US$), 2022-2027 12.1 Overview Figure 57: France: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 The report examines the existing Industry . 14.3.6.2 Product Portfolio Furthermore, establishing such restaurants involves fewer risks as the franchisor provides training and support ranging from supplies and equipment to staff training and marketing. 6. Players, stakeholders, and other participants in the global Cloud Kitchen market will be able to gain the upper hand as they use the report as a powerful resource. 7.1 Burger and Sandwich According to an analysis by Redseer, the cloud kitchen market size is expected to reach $2 billion in the next couple of years. 14.3.9.4 SWOT Analysis From 2018 to 2020 the revenue of the company went from just $ 65 million to $ 368 . Amid the COVID-19 pandemic, when dine-in facilities were shut as a precautionary measure to stop the spread of the virus, online food ordering and delivery services gained popularity among consumers. ( UK: +44-753-713-2163 ) 2.3 Allows You To Run Restaurants On A Single Cloud Kitchen. Figure 30: North America: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 Figure 69: Latin America: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 The Cloud Kitchen gives restaurants owners flexibility to operate restaurants using the same infrastructure and resources under multiple brand names. Based on the nature, the global cloud kitchen market can be categorized into franchised and standalone. 14.3.5.3 Financials Figure 63: Spain: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 What are the key driving factors for the growth of the Cloud Kitchen Market? Figure 18: Global: Cloud Kitchen (Chicken) Market: Sales Value (in Million US$), 2016 & 2021 14.3.10.1 Company Overview By calculating the proportion of conversions over the search and clicks, we can see how we are responding to users needs. 7.6.2 Market Forecast The model can be used by start-ups to create 5 years projections along with the construction/setup phase. What are the key regions in the global cloud kitchen market? Figure 39: China: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 Furthermore, increasing awareness about the benefits of cloud kitchens among operators is encouraging several franchised store outlets and aggregators to establish cloud or ghost kitchens. A brief PESTEL on the growing Ghost Kitchen Industry in India pestel analysis on cloud kitchen pestel analysis encompasses following factors political, . As a part of the model, the company offers a free real-estate infrastructure to restaurants and charges them based on a revenue-sharing model. Figure 62: Spain: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 You need business acumen to run a successful restaurant, but . Though cloud kitchens as a concept are new to the world, they are spread across geographies and countries. 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