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. The independent cloud kitchen model - Single brand, single kitchen, no storefront. 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. 9.2.2.1 Market Trends Some well-known cloud-kitchens are Swiggy Access, Kitopi, DoorDash, etc. 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. The major players are: REEF Technology, CloudKitchens, Kitchen United, Virtual Kitchen Co and DoorDash Kitchens. It also provides a dashboard overview of the past and present performance of leading companies. Figure 71: Brazil: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 14.2 Key Players Free trial, before you make a purchase decision. TO KNOW HOW COVID-19 PANDEMIC AND RUSSIA UKRAINE WAR WILL IMPACT THIS MARKET - REQUEST SAMPLE. Copyright 2023 Grand View Research, Inc. All rights reserved. The competition in the market is intensifying with a rise in several individual restaurant operators seeking to enter the food industry with limited investments. Figure 11: Global: Cloud Kitchen (Commissary/Shared Kitchen) Market Forecast: Sales Value (in Million US$), 2022-2027 Figure 18: Global: Cloud Kitchen (Chicken) Market: Sales Value (in Million US$), 2016 & 2021 The growth accelerated due to more and more people starting to go online, and it allowed these kitchens to rapidly expand their footprints along with digital food ordering options. We expect the global cloud kitchen market to exhibit a CAGR of 11.50% during 2022-2027. Browse Detailed TOC, Tables and Figures with Charts which is spread across 115 Pages that provides exclusive data, information, vital statistics, trends, and competitive landscape details in this niche sector. The study includes market share analysis and profiles of players such as Dahmakan (Pop Meals), DoorDash, Kitchen United, Kitopi, Rebel Foods, Zuul Kitchens, Inc., Starbucks Coffee Company, Ghost . Kitchen - Real-time alert of deviations from original order. You can also contact MarketWatch Customer Service via our Customer Center. The GMV . 2. The franchised segment dominated the cloud kitchen market in 2020, accounting for more than 60% of the revenue share. Global Cloud Kitchen Market has good growth potential in the future due to the new market opportunities that are being created. 9.3.6 Russia Figure 19: Global: Cloud Kitchen (Chicken) Market Forecast: Sales Value (in Million US$), 2022-2027 9.3.3.2 Market Forecast These insights are included in the report as a major market contributor. 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). Cloud kitchens also have comparatively higher profit margins than dine-in restaurants. In summary, Cloud kitchens marry academic operation principles with state-of-the-art technology to generate rich insights using data analytics resulting in an Airbnb like model in the food space . 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%. 14.3.11.2 Product Portfolio They cover three aspects: demand, supply and operation. 8.1.2 Market Forecast No purchase commitment. A cloud kitchen's labor force consists of head chefs, sous chefs, dishwashers, managers, and delivery drivers. This can also be attributed to the increasing utilization of smartphones, easy access to high-speed internet and a vast catalogue. 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. Benefits Of Setting Up A Cloud Kitchen In Singapore. Figure 7: Global: Cloud Kitchen Market: Breakup by Region (in %), 2021 The Model can be used for creating a business plan for any size of the business by using a combination of revenue from: 1. 7.6 Others Cloud Kitchen Market Share Analysis Report, 2021-2028. 12.1 Overview 5.2 Market Performance On the 14th of July 2021, Zomato went public with 9 thousand crores and this is by far one of the biggest and perhaps the most awaited IP0 of 2021. An integrated Kitchen Display System (KDS) will optimize order preparation time. I ruined my familys finances by withdrawing from my 401(k) to buy a house and I regret it. 14.3.9.2 Product Portfolio 14.3.3.1 Company Overview The Qualitative Analysis Of Cloud Kitchen Emerging As A Viable Food & Beverage (F&B) Alternative Post COVID-19. 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%. Figure 74: Others: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 Figure 33: United States: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 Labor optimization is the part that is most in need of data analytics the most in operation. Figure 34: Canada: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 14.3.9 Starbucks Coffee Company . Figure 63: Spain: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 Ltd. Figure 60: Italy: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 Increasing consumer preference for online food services over dining experiences is one of the major factors contributing to the market growth. This site uses cookies (including third-party cookies) to record users preferences which help us to 9.1.1.1 Market Trends The Cloud Kitchen Market report is a valuable source for the best market and business solutions for the Cloud Kitchen industry in this rapidly altering marketplace. What is the breakup of the global cloud kitchen market based on the type? Cloud kitchens are more like tech startups than restaurants. 10.2 Strengths 9.2.6 Indonesia 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. 7.2.1 Market Trends 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. My brother died 10 months later. A cloud kitchen utilizes a commercial kitchen for the purpose of preparing food for delivery or takeout only, with no dine-in customers. Free business intelligence platform with subscription, 4. The following elements must be included in the business plan: Business Summary : A business summary should ideally explain the concept of your cloud kitchen in a concise manner. 9.3.7 Others However, choosing the right rental space, that is, ensuring that there is proper sanitation, water supply and maintenance is very crucial. Seafood, Mexican/Asian Food, Others; By Deployment Types: Web, Mobile) - Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2022 - 2030. Some of the major players in the global cloud kitchen market include CloudKitchens, DoorDash Inc., Choose reports from a database of more than 10,000 reports. 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. b. Why overtime rate? 9.3.2.2 Market Forecast 14 Competitive Landscape 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. Global Cloud Kitchen Market to Reach US$ 112.53 Billion by 2027, Bolstered by Growing Popularity of Online Food Delivery Services. 9.3.3 United Kingdom This is expected to drive the growth of the segment over the forecast period. 9.3.1 Germany The increasing popularity of the shared kitchen concept among restaurateurs and its several benefits contribute to the rise in the number of commissary kitchens. 9.2.3.1 Market Trends Furthermore, establishing such restaurants involves fewer risks as the franchisor provides training and support ranging from supplies and equipment to staff training and marketing. Figure 77: Middle East and Africa: Cloud Kitchen Market: Breakup by Country (in %), 2021 As a former Telstra enterprise solutions partner, Cloud Kitchen is the logical choice to provide scalable whole-of-business solutions across all areas of Voice, Data, Internet, Mobility, Cloud and . 9.4.2 Mexico 9.2.2.2 Market Forecast 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. 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. 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. 2.3 Data Sources 360 Research Reports is the credible source for gaining the market reports that will provide you with the lead your business needs. 7.5 Mexican and Asian Food 11 Value Chain Analysis Adaptability and a greater understanding of your . 9.3.4.2 Market Forecast Figure 30: North America: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 of house managers become obsolete. The global cloud kitchen market size was estimated at 56.71 billion U.S . The commissary/shared kitchen segment is expected to register a CAGR exceeding 13.0% over the forecast period. 9.2.2 Japan Cloud kitchen management software is a complete, versatile, and dynamic management software that any kind of restaurant can use anywhere. It enables you to gather your business data and information and creates predictability for . Our support available to help you 24 hours a day, five days a week. To get more information about this market, Request Sample. 12.6 Threat of Substitutes 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. 9.5.1 Market Trends an optimised cloud kitchen uses data analysis in supply chain . The Saudi Arabia cloud kitchen market size was valued at $157.0 million in 2020, and is estimated to reach $335.7 million by 2030 with a CAGR of 7.7% from 2021 to 2030. The set-up cost for a medium-sized cloud kitchen falls around Rs 5 lakh. For instance, restaurateurs could use advanced tools to derive consumer insights to analyze and update their menu based on popularity and replace items with a higher margin item. 7.3.1 Market Trends The trend is expected to continue over the forecast period, thanks to the rising number of standalone brands serving customers from a single location. Continually increasing customer preference for online food services over dining experiences and increasing incentives and government schemes regarding online food delivery are the few . 9.4.3.2 Market Forecast Furthermore, market players are providing a comprehensive platform with seamless integration of point of sale (POS), kitchen display (KDS), and inventory management technologies, which is anticipated to strengthen the market growth. A good proxy for supply can be #orders. Figure 66: Others: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 2.4.1 Bottom-Up Approach Figure 58: United Kingdom: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 Figure 35: Canada: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 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. Figure 38: China: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 Source. What is the breakup of the global cloud kitchen market based on the nature? 14.3.1 CloudKitchens 9.1.1.2 Market Forecast A cloud kitchen business model can incorporate more than one brand, which means that the customers should be able to order from different brands in one order. 4. 14.3.10.1 Company Overview The increasing trend of cloud kitchens across countries such as China and India is driving the regional market. 14.3.2.3 Financials Figure 69: Latin America: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 14.3.6.1 Company Overview Figure 40: Japan: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 Restaurants like Faasos, Box8, Innerchef, Freshmenu, Kabuliwala and Holachef are also exploring the concept of . Food entrepreneurs and operators that test new offerings and offer creative foods prefer ghost kitchens to test and identify foods before presenting them to guests or consumers. 2.1 Objectives of the Study 7.3 Chicken To get more information on the regional analysis of this market, Request Sample. Furthermore, an efficient cloud kitchen incorporates data analysis and supply chain management to generate forecasts and projections, decreasing food waste and stock out. 9.4 Latin America b. Press Release Distributed by The Express Wire, To view the original version on The Express Wire visit Cloud Kitchen Market : A Comprehensive Analysis of the Global Industry from 2023 to 2028, Including Size, Share, Growth, and Trends, COMTEX_422412995/2598/2023-01-10T05:00:39. 2.3 Allows You To Run Restaurants On A Single Cloud Kitchen. Figure 51: Others: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 A cloud kitchen is a takeaway outlet that does not provide a dine-in facility. 7.2 Pizza and Pasta 9.2.1.1 Market Trends 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). Figure 5: Global: Cloud Kitchen Market: Breakup by Product Type (in %), 2021 Though cloud kitchens as a concept are new to the world, they are spread across geographies and countries. . Anomaly detection in Tweets: Clustering & Proximity based approach. 14.3.9.1 Company Overview Figure 48: Indonesia: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 Restaurants are increasingly renting out their kitchen spaces to different food service providers as an additional source of income. 9.3.4 Italy Currently, franchised cloud kitchen accounts for the largest market share. As cloud kitchens work entirely on the delivery-only model, restaurateurs could easily continue their businesses and serve customers efficiently. 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. Figure 57: France: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 According to this report titled, 'Cloud Kitchen Market by Type, Product Type, and Nature: Global Opportunity Analysis and Industry Forecast, 2021-2030,'cloud kitchen market was valued at $29.4 billion in 2020, and is estimated to reach $112.7 billion by 2030, growing at a CAGR of 13.12% from 2021 to 2030. This cloud kitchen model is for businesses that offer different types of cuisines. Addition or alteration to country, regional & segment scope. They continue to climb. You can now earn upwards of 4% on a savings account. Cloud Kitchen Market - Segmentation Analysis: Which segment is expected to lead the global Cloud Kitchen market during the forecast period? 9.2.6.1 Market Trends As soon as the order is received, it gets updated in the KDS. Factors such as the increasing buying power of consumers, access to several digital touchpoints, and a rise in demand for fast foods are favoring the development of ghost kitchens in the region. Believe it or not, theres a chance your meal was cooked at brick and mortar restaurants, but inside of a windowless trailer in parking lots, operated by tech companies like REEF Kitchen, a Cloud kitchen business. International Journal of Analytical and Experimental Modal Analysis, XII(IX), 463-471. A cloud kitchen is a . Figure 20: Global: Cloud Kitchen (Seafood) Market: Sales Value (in Million US$), 2016 & 2021 Figure 39: China: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 7.3.2 Market Forecast Figure 61: Italy: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 "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. The Gross Merchandize value of cloud kitchens in India was estimated to be about 2.3 billion U.S. dollars in 2025. It contains an in-depth outline of the market, including Cloud Kitchen Market size, trends, growth, and forecast. Figure 12: Global: Cloud Kitchen (Kitchen Pods) Market: Sales Value (in Million US$), 2016 & 2021 Independent cloud kitchens primarily target consumers that prefer a single cuisine type and largely depend on third-party channels for delivery. Figure 52: Europe: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 Data courtesy: Cloud Kitchen C. Figure 23: Global: Cloud Kitchen (Mexican and Asian Food) Market Forecast: Sales Value (in Million US$), 2022-2027 Region Wise the global trend is analyzed across : This Cloud Kitchen Market Research/Analysis Report Contains Answers to your following Questions. If you want to be more exact, use #orders/(#searches + #ad clicks). By calculating the proportion of conversions over the search and clicks, we can see how we are responding to users needs. Ltd., Rebel Foods, Starbucks Coffee Company, Swiggy and Toast Inc. PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request). On the other hand, stationary restaurants also use separate cloud kitchens to enable more efficient delivery. This is where data analytics comes into play. Cloud kitchen model also reduced the cost of starting up a food brand, and many first-time restaurateurs embraced the model. 9.1.2.2 Market Forecast 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. 6. 8.2.1 Market Trends 10 SWOT Analysis This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2028. 14.3.9.4 SWOT Analysis enhance our services. More specifically, it helps identify demand, optimize supply and increase operational efficiencies. Market Analysis and Insights: Global Cloud Kitchen Market . 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. The 6 Cloud Kitchen Business Models. 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. Better Efficiency. 4.2 Key Industry Trends 2 Scope and Methodology 9.3.5.2 Market Forecast Compare the best Cloud Kitchen Management software of 2023 for your business. 9.2.6.2 Market Forecast b. Furthermore, ghost kitchens allow businesses the opportunity to serve customers directly without the pressure of additional costs and the constantly rising real-estate prices. 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. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours . With this model, they can sell each cuisine type with a separate brand name without being worried about the extra costs of a different physical setup for each brand. 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