Figure 56: France: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 These insights are included in the report as a major market contributor. Figure 52: Europe: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 According to an analysis by Redseer, the cloud kitchen market size is expected to reach $2 billion in the next couple of years. 8.1 Franchised At REEF, we pay extra attention to overtime rate, and this is metric you should emphasize on as well. 1. Figure 15: Global: Cloud Kitchen (Burger and Sandwich) Market Forecast: Sales Value (in Million US$), 2022-2027 Which nature segment dominated the cloud kitchen market? By looking at the past 5 years data of USD to INR we see that from January 2018 there has been a significant deprecation in rupee and since mid-2020s rupee kept being quite volatile. Currently, independent cloud kitchen holds the majority of the total market share. This growth can be attributed to the minimum investment involved, ensuring complete control over kitchen operations. Figure 3: Global: Cloud Kitchen Market Forecast: Sales Value (in Billion US$), 2022-2027 We value your investment and offer free customization with every report to fulfil your exact research needs. You can consider using a typical food delivery app funnel (i.e. 14.3.6.3 Financials At 360 Research Reports, our objective is providing a platform for many top-notch market research firms worldwide to publish their research reports, as well as helping the decision makers in finding most suitable market research solutions under one roof. 2.3.1 Primary Sources The global cloud kitchen market is expected to grow at a compound annual growth rate of 12.4% from 2021 to 2028 to reach USD 139.37 billion by 2028. b. Table 6: Global: Cloud Kitchen Market: Competitive Structure 9.4.1.2 Market Forecast Heres where. 5 Global Cloud Kitchen Market I ruined my familys finances by withdrawing from my 401(k) to buy a house and I regret it. Increasing consumer preference for online food services over dining experiences is one of the major factors contributing to the market growth. What has been the impact of COVID-19 on the global cloud kitchen market? 9.2.5.1 Market Trends A Qualitative Research Study accomplished by Polaris Market Research database of "Cloud Kitchen Market" with 100+ market data Tables, Pie Charts, Graphs & Figures spread through Pages and easy-to-understand detailed analysis. Ltd., Rebel Foods, Starbucks Coffee Company, Swiggy and Toast Inc. 1 Preface Figure 37: Asia-Pacific: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 Some well-known cloud-kitchens are Swiggy Access, Kitopi, DoorDash, etc. It contains an in-depth outline of the market, including Cloud Kitchen Market size, trends, growth, and forecast. multi-brand cloud kitchen accounted for 55% and hybrid cloud kitchen accounted for 20%. A cloud kitchen is a takeaway outlet that does not provide a dine-in facility. As a new business sector that comes from the intersection between technology and the restaurant industry, it highly relies on data analytics to forecast demand, optimize supply and improve operations. Our technology helps the food industry for better communication, better planning, and better process efficiencies. The report examines the existing Industry . The independent cloud kitchen model - Single brand, single kitchen, no storefront. The global cloud kitchen market size reached US$ 56.71 Billion in 2021. No longer than 30 minutes after you finally made up your mind and hit the check out button, the meals are delivered to your door, hot and ready to eat. Especially among the women, there has been gradual adoption of working lifestyle . Discounted price for multiple reports across domains, 2. Table 2: Global: Cloud Kitchen Market Forecast: Breakup by Type (in Million US$), 2022-2027 Privacy policy. 9.3 Europe Figure 54: Germany: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 14.3.4 Kitopi Page 360In an IoT environment, vital data are colinformation is implemented on a call company acquired Holachef,. 7.3.1 Market Trends 2.4 Market Estimation 9.3.7.1 Market Trends Which type segment led the cloud kitchen market? 12.2 Bargaining Power of Buyers 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 10.5 Threats The popularity of international cuisines and tailored foods among consumers is encouraging operators to invest in popular brands. 9.2.7 Others This is where data analytics comes into play. Choosing the right rental space. 10.2 Strengths Final Report will add the analysis of the impact of Russia-Ukraine War and COVID-19 on this Cloud Kitchen industry. 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. Figure 76: Middle East and Africa: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 b. The research divides the global Cloud Kitchen market into different segments of the global market based on types, application, key players, and leading regions. Independent cloud kitchens primarily target consumers that prefer a single cuisine type and largely depend on third-party channels for delivery. They cover three aspects: demand, supply and operation. The main reason for the low investment is the rental space. Figure 36: Asia-Pacific: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 The report covers growth-driving factors and opportunities . It also provides a dashboard overview of the past and present performance of leading companies. 14.3.6.2 Product Portfolio What is the breakup of the global cloud kitchen market based on the type? Pay attention to the metric if it gives you a low number, which indicates supply problems instead of demand problems. A cloud kitchen utilizes a commercial kitchen for the purpose of preparing food for delivery or takeout only, with no dine-in customers. 2.3.2 Secondary Sources 8.2 Standalone 9.4.1.1 Market Trends 9.4.3 Others The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2017-2028. We expect the global cloud kitchen market to exhibit a CAGR of 11.50% during 2022-2027. Suppose you find burger orders tend to be popular near certain residential areas, you can run an ad campaign specifically about burgers at that time, and measure the click through rate. Kitchen - Real-time alert of deviations from original order. 5.3 Impact of COVID-19 Our team of skilled analysts focuses on understanding the requirements of our clients so as to provide insights best suited to their unique needs. 9.2.6.1 Market Trends The Saudi Arabia cloud kitchen market size was valued at $157.0 million in 2020, and is estimated to reach $335.7 million by 2030 with a CAGR of 7.7% from 2021 to 2030. To get more information on the regional analysis of this market, Request Sample. 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. This can also be attributed to the increasing utilization of smartphones, easy access to high-speed internet and a vast catalogue. For instance, In November 2017, Swiggy, an India-based online food aggregator, introduced Swiggy Acces to help restaurants operate delivery-only kitchens across locations where they do not have operations. Who are the key players in the cloud kitchen market? Attractive Opportunities In the Cloud Kitchen Market: The Global Cloud Kitchen market is anticipated to rise at a considerable rate during the forecast period, between 2023 and 2028. For this study, Grand View Research has segmented the global cloud kitchen market report based on type, nature, and region: Type Outlook (Revenue, USD Million, 2017 - 2028), Nature Outlook (Revenue, USD Million, 2017 - 2028), Regional Outlook (Revenue, USD Million, 2017 - 2028). Rising disposable incomes and the increased adoption of smartphone applications among millennials are key factors leading to the rise in online food delivery services. Create regional and country strategies on the basis of local data and analysis. A cloud kitchen is a . 14.3.10.1 Company Overview As cloud kitchens work entirely on the delivery-only model, restaurateurs could easily continue their businesses and serve customers efficiently. 2.2 Gain Actionable Data To Adapt and Optimise Your Restaurant. 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. 9.2.4.1 Market Trends The services segment is anticipated to have the fastest growth rate of 23.54% of the global cloud kitchen in 2018. Abstract:- Cloud Kitchen is a business space accessible to create food, explicitly for orders or conveyance of the clients. Among these, burger and sandwich exhibits a clear dominance in the market. Cloud analytics is the process of storing and analyzing data in the cloud and using it to extract actionable business insights. 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. Market Overview: The global cloud kitchen market size reached US$ 56.71 Billion in 2021. Our research analysts will help you to get customized details for your report, which can be modified in terms of a specific region, application or any statistical details. Figure 20: Global: Cloud Kitchen (Seafood) Market: Sales Value (in Million US$), 2016 & 2021 This cloud kitchen model is for businesses that offer different types of cuisines. 9.1 North America 2.3 Allows You To Run Restaurants On A Single Cloud Kitchen. Cloud Kitchen Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027, Financial Services and Investment Intelligence. 8.2.2 Market Forecast 6.1.2 Market Forecast . 360 Research Reports is the credible source for gaining the market reports that will provide you with the lead your business needs. 2.4 Scale Your Business More Affordably. Data analytics can be powerful in improving Cloud Kitchens business performance. The global cloud kitchen market size was estimated at 56.71 billion U.S . Figure 38: China: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 In this section, I will suggest some key metrics for you to consider, along with analytical models and tools that can help solve potential problems in cloud kitchen operation. Use of Workplaces, Household, Schools, Others and in multiple sectors has led to significant growth in demand for Cloud Kitchen in the market. TO KNOW HOW COVID-19 PANDEMIC AND RUSSIA UKRAINE WAR WILL IMPACT THIS MARKET - REQUEST SAMPLE. This research report is the result of an extensive primary and secondary research effort into the Cloud Kitchen market. Market Analysis and Insights: Global Cloud Kitchen Market. The rising demand for online food delivery services has encouraged several restaurateurs have opened cloud kitchen outlets to serve customers and generate orders. India is been food cherishing nation and Indian food reflects mix of different . The biggest cloud kitchen operator in the US has a data science team dedicated to achieve operational excellence. 3 Executive Summary Furthermore, ghost kitchens allow businesses the opportunity to serve customers directly without the pressure of additional costs and the constantly rising real-estate prices. "Cloud Kitchen Market" Research Report explains how the market growth has been unfolding over the recent past and what would be the future market projections during the anticipated period from 2023 to 2028. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Cloud Kitchen market in terms of revenue. 7.3.2 Market Forecast The market include Asia-Pacific, North America and Europe, with a share of 58%, 23% and 12%. 2 Scope and Methodology 14.3.8.2 Product Portfolio The model can be used by start-ups to create 5 years projections along with the construction/setup phase. 14.3.5.3 Financials Should I ask his son for his share? Figure 69: Latin America: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 3. See for yourself. The independent cloud kitchen segment held the largest revenue share in 2020, accounting for around 60% of the overall cloud kitchen market. 9.2 Asia-Pacific The franchised segment dominated the cloud kitchen market in 2020, accounting for more than 60% of the revenue share. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. Due to the coronavirus disease (COVID-19) crisis, governing agencies of numerous countries have restricted dine-in services in restaurants and other commercial food establishments. Technavio's SUBSCRIPTION platform Figure 14: Global: Cloud Kitchen (Burger and Sandwich) Market: Sales Value (in Million US$), 2016 & 2021 The increasing consumer preference for international cuisines, fast foods, and online ordering is expected to drive the growth of the segment. 6.2.1 Market Trends 9.2.3.1 Market Trends In a fast-paced cloud kitchen, order preparation time is usually around is 10-12 minutes, if you want to deliver the order within 30 minutes. The GMV . 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). Figure 19: Global: Cloud Kitchen (Chicken) Market Forecast: Sales Value (in Million US$), 2022-2027 14.3.1 CloudKitchens Data courtesy: Cloud Kitchen C. The denominator here indicates people with intention to order meals. With services like UberEats, DoorDash, PostMates, Deliveroo, Eat24, Amazon Restaurants, Swiggy, etc., food has become available through just a few clicks. 14 Sep, 2022, 03.26 PM IST. The global cloud kitchen market size was estimated at US$ 57.31 billion in 2021 and is expected to surpass US$ 139.45 billion by 2030, growing at a CAGR of 10.4%. 2.1 Better Delivery Efficiency. 6 Market Breakup by Type What was the size of the global cloud kitchen market in 2021? 14.3.9.4 SWOT Analysis 7.3 Chicken 7.6 Others 14.3.3.2 Product Portfolio The competition in the market is intensifying with a rise in several individual restaurant operators seeking to enter the food industry with limited investments. 9.3.6 Russia 14.1 Market Structure A cloud kitchen business model can incorporate more than one brand, which means that the customers should be able to order from different brands in one order. 7.1.2 Market Forecast Based on the type, the global cloud kitchen market can be segmented into independent cloud kitchen, commissary/shared kitchen, and kitchen pods. 7.2.2 Market Forecast The menu can also be adapted to suit demand and increase margins, optimizing the model over time. 9.1.2 Canada Increasing consumer preference for online food services over dining experiences is one of the major factors contributing to the market growth. 10.3 Weaknesses 14.3.8.1 Company Overview Figure 74: Others: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 6. Cloud Kitchen Market Share Analysis Report, 2021-2028. Figure 61: Italy: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 Figure 75: Others: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 Furthermore, establishing such restaurants involves fewer risks as the franchisor provides training and support ranging from supplies and equipment to staff training and marketing. Table 7: Global: Cloud Kitchen Market: Key Players, Note: We value your privacy and will never rent or sell your email address. The best part is that a company can customize its restaurant management software . . Similar to on-premises data analytics, cloud analytics algorithms are applied to large data collections to identify patterns, predict future outcomes and produce other information useful . 14.3.1.2 Product Portfolio Report Overview. Figure 48: Indonesia: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Cloud Kitchen market to help players in achieving a strong market position. This site uses cookies (including third-party cookies) to record users preferences which help us to Figure 25: Global: Cloud Kitchen (Other Product Types) Market Forecast: Sales Value (in Million US$), 2022-2027 The Model can be used for creating a business plan for any size of the business by using a combination of revenue from: 1. Figure 2: Global: Cloud Kitchen Market: Sales Value (in Billion US$), 2016-2021 If you want to be more exact, use #orders/(#searches + #ad clicks). 1. 7.6.1 Market Trends b. A cloud kitchen is a centralized virtual commercial space used to prepare delivery-optimized menu items or food consumed off the premises. 12 Porters Five Forces Analysis It is an internet-enabled delivery restaurant. 2.1 Objectives of the Study The market is fragmented with the presence of several large and small restaurateurs operating using the delivery-only model service. Our report has categorized the market based on type, product type and nature. Figure 47: Australia: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 Excel is powerful tool for data analysis. The popularity of cloud kitchens is more prominent in the Asia Pacific region, which accounted for more than 60% of the global market in 2020. Figure 62: Spain: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 The standalone segment is expected to register a significant CAGR over the forecast period. 2.3 Data Sources The early adopters in the market are expected to capitalize on market opportunities by expanding stores across regions and economies. Figure 40: Japan: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 List of Tables Published Date: March 1, 2020. It has a market valued at USD 0.65 Billion in 2018 and is expected to reach USD 2.63 Billion by the year 2026, at a CAGR of 17.2%. Find the highest rated Cloud Kitchen Management software pricing, reviews, free demos, trials, and more. 14.3.2.2 Product Portfolio As a part of the model, the company offers a free real-estate infrastructure to restaurants and charges them based on a revenue-sharing model. Global cloud kitchen market was valued at USD 700 Million in 2018 and is expected to grow at a CAGR of 17.25% through the forecast period (2017-2030). The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Cloud Kitchen market. 4.2 Key Industry Trends You scrolled through a dozen options before deciding on one of those restaurants. Figure 44: South Korea: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 The trend is expected to continue over the forecast period, thanks to the rising number of standalone brands serving customers from a single location. 9.2.3 India Some of the major players in the global cloud kitchen market include CloudKitchens, DoorDash Inc., COVID-19 The pandemic continues to cause unprecedented disruption across industries worldwide. Individual ghost kitchens with their online ordering solutions are also witnessing increased adoption. 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. On market opportunities by expanding stores across regions and economies and small restaurateurs using... Accessible to create 5 years projections along with the lead Your business needs price for reports! That a Company can customize its restaurant management software food cherishing nation Indian. Overview as cloud kitchens work entirely on the type cover three aspects demand. The independent cloud kitchen market: global industry Trends, growth, Forecast. Dominance in the cloud kitchen market size was estimated At 56.71 Billion in 2021 an. The credible source for gaining the market growth to have the fastest growth rate of 23.54 % of the cloud... 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