9.1.1 United States Jan 10, 2023 (The Expresswire) -- Final Report will add the analysis of the impact of Russia-Ukraine War and COVID-19 on this industry. 12.6 Threat of Substitutes 14.3.2 DoorDash Inc. What is the breakup of the global cloud kitchen market based on the product type? 10.2 Strengths 14.3.3 Kitchen United 2.1 Objectives of the Study This can also be attributed to the increasing utilization of smartphones, easy access to high-speed internet and a vast catalogue. The increasing popularity of the shared kitchen concept among restaurateurs and its several benefits contribute to the rise in the number of commissary kitchens. 12.4 Degree of Competition 5.2 Market Performance 4.2 Key Industry Trends 14.3.9 Starbucks Coffee Company 2.5 Forecasting Methodology The commissary/shared kitchen segment is expected to register a CAGR exceeding 13.0% over the forecast period. 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. The global cloud kitchen market size was estimated at 56.71 billion U.S . Cloud Kitchen Market : A Comprehensive Analysis of the Global Industry from 2023 to 2028, Including Size, Share, Growth, and Trends Published: Jan. 10, 2023 at 5:00 a.m. 10.4 Opportunities Figure 24: Global: Cloud Kitchen (Other Product Types) Market: Sales Value (in Million US$), 2016 & 2021 As a result, it is gaining traction as an ideal business solution across the globe to meet the emerging food delivery demand of local restaurants and fast-food chains. This website is secure and your personal details are safe. As soon as the order is received, it gets updated in the KDS. However, in terms of the number of companies, Zomato appears to be in serious trouble! Technavio's SUBSCRIPTION platform Aussie technical support and expertise backed by over 30 years of experience, industry knowledge, training and ongoing commitment to our customers. 6. Figure 33: United States: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 Apart from your own site/app, you can also consider geo-spatial data, spotting locations where a lot of latent demand already in terms of food delivery app installs, searches, and orders places. Owing to the large range of benefits, along with the rising real-estate costs and competition among dine-in restaurants, entrepreneurs and restaurateurs are expected to increasingly adopt ghost kitchens in the near future. Figure 55: Germany: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 Figure 73: Mexico: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 4 Introduction 7.5 Mexican and Asian Food 8.1.1 Market Trends Our report has categorized the market based on type, product type and nature. An integrated Kitchen Display System (KDS) will optimize order preparation time. 10 SWOT Analysis Our aim is to provide the best solution that matches the exact customer requirements. The global cloud kitchen market size was estimated at US$ 57.31 billion in 2021 and is expected to surpass US$ 139.45 billion by 2030, growing at a CAGR of 10.4%. Addition or alteration to country, regional & segment scope. Independent cloud kitchens primarily target consumers that prefer a single cuisine type and largely depend on third-party channels for delivery. This cloud kitchen model is for businesses that offer different types of cuisines. Global Cloud Kitchen Market to Reach US$ 112.53 Billion by 2027, Bolstered by Growing Popularity of Online Food Delivery Services. 9.2.5.1 Market Trends Polaris Market Research has come up with a new extensive report titled Cloud Kitchen Market 2023: By Types, Applications, Size, Share, Key Players & Regions Forecast Analysis till 2032 that offers detailed information that enhances this report's knowledge, scope, and utilization. 7.3 Chicken https://www.360researchreports.com/enquiry/request-sample/19891693, https://www.360researchreports.com/enquiry/pre-order-enquiry/19891693, https://www.360researchreports.com/purchase/19891693, Cloud Kitchen Market : A Comprehensive Analysis of the Global Industry from 2023 to 2028, Including Size, Share, Growth, and Trends. Looking forward, IMARC Group expects the market to reach a value of US$ 112.53 Billion by 2027 exhibiting a growth rate (CAGR) of 11.50% during 2022-2027. Global Cloud Kitchen Market, Split By Region, Historic . 6.1 Independent Cloud Kitchen The study includes market share analysis and profiles of players such as Dahmakan (Pop Meals), DoorDash, Kitchen United, Kitopi, Rebel Foods, Zuul Kitchens, Inc., Starbucks Coffee Company, Ghost . Figure 59: United Kingdom: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 Believe it or not, theres a chance your meal was cooked at brick and mortar restaurants, but inside of a windowless trailer in parking lots, operated by tech companies like REEF Kitchen, a Cloud kitchen business. Its Data, Not Reality: On Situated Data With Jill Walker Rettberg, How we added RNN to our Time Series SkillsIn 3 Steps. Access to user data and real-time adaptability. 2.4 Scale Your Business More Affordably. 7.2.2 Market Forecast Jan 10, 2023 (The Expresswire) -- Copyright 2023 Grand View Research, Inc. All rights reserved. Get detailed insights regarding the impact of COVID-19 on the market. A cloud kitchen's labor force consists of head chefs, sous chefs, dishwashers, managers, and delivery drivers. Should I ask his son for his share? The flexibility of operating ghost kitchens from any location, ranging from parking spaces and warehouses to basements, is another key factor adding to the popularity of cloud kitchens. Report Summary. 9.2.6.2 Market Forecast Report Overview. 14.3.3.2 Product Portfolio 7.5.1 Market Trends Global Cloud Kitchen Market 2022-2027 Analysis and Segmentation: Competitive Landscape: . 14.3.11.2 Product Portfolio 12.1 Overview 9.2.2 Japan Figure 22: Global: Cloud Kitchen (Mexican and Asian Food) Market: Sales Value (in Million US$), 2016 & 2021 5.1 Market Overview Figure 10: Global: Cloud Kitchen (Commissary/Shared Kitchen) Market: Sales Value (in Million US$), 2016 & 2021 A good proxy for supply can be #orders. It provides a thorough overview of the market's current and future objectives, along with a competitive analysis of the industry, broken down by application, type and regional trends. Heres where. Compare the best Cloud Kitchen Management software of 2023 for your business. It is primarily virtual and is reliant on food delivery apps, website/web portal orders, and/or calls to generate sales. 14.3.10.1 Company Overview 9.3.5.1 Market Trends Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. Use of Workplaces, Household, Schools, Others and in multiple sectors has led to significant growth in demand for Cloud Kitchen in the market. Copyright 2023 MarketWatch, Inc. All rights reserved. 2.3 Allows You To Run Restaurants On A Single Cloud Kitchen. For a Cloud Kitchen, its online platform (web/app) is going to be the most important place to serve as both a virtual storefront and a marketplace, which holds all the important customer data. Abstract:- Cloud Kitchen is a business space accessible to create food, explicitly for orders or conveyance of the clients. Figure 45: South Korea: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 9.1.1.2 Market Forecast Contact the source provider Comtex at editorial@comtex.com. This is expected to drive the growth of the segment over the forecast period. 6. Press release - Acumen Research and Consulting - Cloud Kitchen Market Size, Share, Statistics, Trends, Competitive analysis, Regional Growth from 2022 to 2030 - published on openPR.com multi-brand cloud kitchen accounted for 55% and hybrid cloud kitchen accounted for 20%. The report covers growth-driving factors and opportunities . 2.5 Low Risk Associated. Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Cloud Kitchen market. 6.3 Kitchen Pods In our online delivery report we found that, 67% of restaurants would prefer opening a cloud-kitchen over a dine-in as their next outlet. It contains an in-depth outline of the market, including Cloud Kitchen Market size, trends, growth, and forecast. Profit margins are usually in the range of 10-15 percent as opposed to 5-10 percent as compared to restaurants," informs Dahiya. Figure 68: Latin America: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 You need business acumen to run a successful restaurant, but . 9.3.4.1 Market Trends 14.3.5.3 Financials 1. 14.3.8.1 Company Overview 2.2 Gain Actionable Data To Adapt and Optimise Your Restaurant. Figure 51: Others: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 You can also contact MarketWatch Customer Service via our Customer Center. 9.3.2.1 Market Trends Adaptability and a greater understanding of your . The global cloud kitchen market was valued at $29.4 billion in 2020, and is projected to reach $112.7 billion by 2030, growing at a CAGR of 13.12% from 2021 to 2030. Figure 78: Middle East and Africa: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 9.3.3 United Kingdom The main reason for the low investment is the rental space. Kitchen - Real-time alert of deviations from original order. 9.2 Asia-Pacific IMARC Group provides an analysis of the key trends in each sub-segment of the global cloud kitchen market, along with forecasts at the global, regional and country level from 2022-2027. Apart from Rebel Foods, many other Indian . 7.6.2 Market Forecast Figure 11: Global: Cloud Kitchen (Commissary/Shared Kitchen) Market Forecast: Sales Value (in Million US$), 2022-2027 A cloud kitchen is a centralized virtual commercial space used to prepare delivery-optimized menu items or food consumed off the premises. Explore purchase options. The franchised segment dominated the cloud kitchen market in 2020, accounting for more than 60% of the revenue share. The order process is fully done online, and foods are delivered to you by food delivery businesses. 14.3.5.1 Company Overview The product is mainly used in workplaces and household fields, with a share of 61% and 26%. The denominator here indicates people with intention to order meals. Moreover, the growing popularity of online food delivery services on account of hectic working schedules and the escalating demand for convenient and quick meal options at affordable prices is stimulating the market growth. 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