The competitive landscape of the industry has also been examined along with the profiles of the key players being CloudKitchens, DoorDash Inc., Kitchen United, Kitopi, Lightspeed Commerce Inc., PAR Technology Corporation, POSist Technologies Pvt. 6.2 Commissary/Shared Kitchen Free business intelligence platform with subscription, 4. 14.3.7.2 Product Portfolio The trend is expected to continue over the forecast period, thanks to the rising number of standalone brands serving customers from a single location. Cloud kitchen GMV 2018-2025. 9.3.6 Russia 14.3.4.1 Company Overview This is where data analytics comes into play. Figure 35: Canada: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 Free trial, before you make a purchase decision. Continually increasing customer preference for online food services over dining experiences and increasing incentives and government schemes regarding online food delivery are the few . The Model can be . The growth accelerated due to more and more people starting to go online, and it allowed these kitchens to rapidly expand their footprints along with digital food ordering options. Innovative cloud kitchens are displacing home eating and will continue to do so. Published Date: March 1, 2020. Figure 58: United Kingdom: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 4. 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 49: Indonesia: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 14.3.11.1 Company Overview Figure 79: Global: Cloud Kitchen Industry: SWOT Analysis 14.3.3 Kitchen United 2.4.1 Bottom-Up Approach 12 Porters Five Forces Analysis In this section, I will suggest some key metrics for you to consider, along with analytical models and tools that can help solve potential problems in cloud kitchen operation. This growth can be attributed to the minimum investment involved, ensuring complete control over kitchen operations. Polaris Market Research has recently released a new research study on Cloud Kitchen Market: By Size, Trends, Share, Growth, Segments, Industry Analysis and Forecast, 2030. The increasing popularity of the shared kitchen concept among restaurateurs and its several benefits contribute to the rise in the number of commissary kitchens. Free upgrade to enterprise license (allows to share across all company locations), 5. For entrepreneurs, big Cloud Kitchen operators like REEF provide them a better reach and can even help them expand their business nationwide with a minimum amount of capital investment. 9.3.7.2 Market Forecast 14 Sep, 2022, 03.26 PM IST. 9.2.1.1 Market Trends Figure 75: Others: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 The denominator here indicates people with intention to order meals. Figure 81: Global: Cloud Kitchen Industry: Porter's Five Forces Analysis 14.3.9 Starbucks Coffee Company 9.3.3.2 Market Forecast 14.3.9.2 Product Portfolio 9.2.3.2 Market Forecast 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. Figure 53: Europe: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 Currently, independent cloud kitchen holds the majority of the total market share. You can consider using a typical food delivery app funnel (i.e. India is been food cherishing nation and Indian food reflects mix of different . 9.2.3 India 9.2.2.1 Market Trends 9.4.1.1 Market Trends Table 1: Global: Cloud Kitchen Market: Key Industry Highlights, 2021 and 2027 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. 4.2 Key Industry Trends 7.3.1 Market Trends 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. Include important information such as your objective, the inspiration for your firm, the company's initial and future plans, and so on. Consequently, food businesses, including delivery-optimized restaurants, meal prep companies, caterers, and packaged food producers, worldwide are shifting to cloud kitchens to maintain business continuity and deliver food without added overhead or hassle. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2017-2028. 7.4.2 Market Forecast In addition, high startup costs and burdensome regulations associated with conventional food business models are augmenting the adoption of cloud kitchens to reduce extensive resources and optimize the delivery experience. Choosing the right rental space. 7 Market Breakup by Product Type 5.3 Impact of COVID-19 The concept of a cloud kitchen is simple. 8.2.1 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. Recognizing the full potential of the market, several food aggregators are investing in such kitchens and introducing several brands as their private labels. 9.1.2.1 Market Trends 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. Over the years, there has been a rise in number of workforces in various demographic segments. 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. Cloud kitchens, often referred to as virtual or ghost kitchens, are much more affordable to run compared to conventional kitchens in dine-in restaurants; ghost kitchens do not require dine-in facilities or account for costs related to property and location. 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. 14.3.5.1 Company Overview Avail customized purchase options to meet your exact research needs. 10.3 Weaknesses Our aim is to provide the best solution that matches the exact customer requirements. The use of a cloud kitchen POS makes it both convenient and more revenue-generating for your brand. 8. The increasing trend of cloud kitchens across countries such as China and India is driving the regional market. The competition in the market is intensifying with a rise in several individual restaurant operators seeking to enter the food industry with limited investments. Cloud Kitchen Market research report 2028 has been accomplished by experienced and well-informed market analysts and researchers at MarkNtel Advisors.Along with market maturity analysis, concentration, and scope of development across the region, essential parameters including market size, revenue analysis, market value, and quantity are also described. Figure 57: France: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 International Journal of Analytical and Experimental Modal Analysis, XII(IX), 463-471. 7.4 Seafood 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. Abstract:- Cloud Kitchen is a business space accessible to create food, explicitly for orders or conveyance of the clients. 14.3.7.1 Company Overview 14.3.9.1 Company Overview Franklin Junction Kitchen United Nextbite REEF Technology Virturant CloudKitchens Kitopi The Local Culinary Amped Kitchens Fulton Kitchens Just Kitchen Freshlane Panda Selected Keatz Rebel Foods . The 6 Cloud Kitchen Business Models. Factors such as the increasing buying power of consumers, access to several digital touchpoints, and a rise in demand for fast foods are favoring the development of ghost kitchens in the region. b. What is the breakup of the global cloud kitchen market based on the product type? A restaurant with no seating space and no physical store. Figure 51: Others: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 Figure 9: Global: Cloud Kitchen (Independent Cloud Kitchen) Market Forecast: Sales Value (in Million US$), 2022-2027 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 Figure 26: Global: Cloud Kitchen (Franchised) Market: Sales Value (in Million US$), 2016 & 2021 Figure 34: Canada: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 7.2.2 Market Forecast 5. b. Global Cloud Kitchen Market size was valued at USD 45.87 Billion in 2021 and is projected to reach USD 106.32 Billion by 2028, growing at a CAGR of 12.76% from 2022 to 2028. 12.5 Threat of New Entrants Figure 43: India: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 This website is secure and your personal details are safe. Ltd., Rebel Foods, Starbucks Coffee Company, Swiggy, and Toast Inc. Pizza Market by Type (Non-vegetarian Pizza, Vegetarian Pizza), Crust Type (Thick Crust, Thin Crust, Stuffed Crust), Distribution Channel (Quick Service Restaurants (QSR), Full-Service Restaurants (FSR), and Others), and Region 2023-2028, White Wine Market by Product Type (Riesling, Gewrztraminer, Chardonnay, Sauvignon Blanc, Chenin Blanc, Grner Veltliner, Moscato, Pinot Grigio, and Others), Body Type (Light Bodied, Medium Bodied, Full-Bodied), Sweetness Level (Dry, Semi-Sweet, Sweet), Sales Channel (Modern Trade, Grocery Store, Convenience Stores, E-Commerce, and Others), and Region - 2023-2028, Hemp Milk Market by Variant (Flavored, Unflavored), Type (Sweetened, Unsweetened), Category (Organic, Conventional), Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Specialty Stores, Online Stores), and Region - 2023-2028, Rapeseed Oil Market by Type (Processed, Virgin), Nature (Organic, Conventional), Distribution Channel (Supermarkets and Hypermarkets, Online Stores, Specialty Stores, Retail Stores, and Others), Application (Food Processing, Bio-Fuel, Cosmetics and Personal Care, and Others), and Region - 2023-2028, Modified Starch Market by Raw Material (Corn, Cassava, Wheat, Potato, and Others), Type (Starch Esters and Ethers, Resistant, Cationic, Pre-gelatinized, and Others), Function (Thickeners, Stabilizers, Binders, Emulsifiers, and Others), Application (Food and Beverages, Animal Feed, Paper, Pharmaceuticals, Textiles, and Others), and Region 2023-2028, ( US: +1-631-791-1145 ) In 2021, the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon. In conclusion, the Cloud Kitchen industry is expanding at an amazing speed. 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. You scrolled through a dozen options before deciding on one of those restaurants. Restaurant owners or food business entrants sidestepping high rents and real estate costs by shedding the front-of-house. 5.2 Market Performance 7.1 Burger and Sandwich Major players in the cloud kitchen market are Kitchen United, Rebel Foods, DoorDash Kitchens, Ghost Kitchen Orlando, Toast Inc, Posist Technologies, Kitopi Catering Services LLC, Farm to Fork . Figure 25: Global: Cloud Kitchen (Other Product Types) Market Forecast: Sales Value (in Million US$), 2022-2027 14.3.1.2 Product Portfolio 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 early adopters in the market are expected to capitalize on market opportunities by expanding stores across regions and economies. 9.1.1.1 Market Trends Cloud Kitchen Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027, Financial Services and Investment Intelligence. Pvt. Privacy policy. 7.6.2 Market Forecast Do Twitter Opinions Lead to Great Stock Returns? landing page, search for restaurants, click on food items, place orders), or a site funnel (i.e., home page, keyword search, item click, buy), going to a site/app and searching for a typical cloud kitchen food item, say burgers, can be seen as a proxy for demand. Discounted price for multiple reports across domains, 2. There are analytics tools, such as locale.ai that help you consolidate this information. What are the key regions in the global cloud kitchen market? These services charge between 15% and 35% to restaurants as commission. Figure 11: Global: Cloud Kitchen (Commissary/Shared Kitchen) Market Forecast: Sales Value (in Million US$), 2022-2027 Figure 78: Middle East and Africa: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 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. Table 7: Global: Cloud Kitchen Market: Key Players, Note: We value your privacy and will never rent or sell your email address. You can also contact MarketWatch Customer Service via our Customer Center. 14.3.2.1 Company Overview 13 Price Analysis My brother died 10 months later. What is the breakup of the global cloud kitchen market based on the type? 9.3.4 Italy Free report customization (equivalent up to 8 analysts working days) with purchase. Figure 54: Germany: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 The independent cloud kitchen segment held the largest revenue share in 2020, accounting for around 60% of the overall market. CloudKitchens, DoorDash Inc., Kitchen United, Kitopi, Lightspeed Commerce Inc., PAR Technology Corporation, POSist Technologies Pvt. 6. The growing popularity of cloud kitchen solutions over conventional brick-and-mortar locations, to reduce extensive resources and optimize the delivery experience, is primarily catalyzing the global cloud kitchen market. 14.3.3.1 Company Overview Market Overview: The global cloud kitchen market size reached US$ 56.71 Billion in 2021. 7.6.1 Market Trends The order process is fully done online, and foods are delivered to you by food delivery businesses. According to an analysis by Redseer, the cloud kitchen market size is expected to reach $2 billion in the next couple of years. 9.4 Latin America This Cloud Kitchen business Plan Model is a perfect tool for a financial feasibility study on launching a food joint. Source. 9.4.1 Brazil Figure 42: India: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 Figure 74: Others: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Global Cloud Kitchen Market to Reach US$ 112.53 Billion by 2027, Bolstered by Growing Popularity of Online Food Delivery Services. 3. The Cloud Kitchen gives restaurants owners flexibility to operate restaurants using the same infrastructure and resources under multiple brand names. 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