Global Cloud Kitchen Market, Split By Region, Historic . Increasing consumer preference for online food services over dining experiences is one of the major factors contributing to the market growth. They continue to climb. You can now earn upwards of 4% on a savings account. The research divides the global Cloud Kitchen market into different segments of the global market based on types, application, key players, and leading regions. Cloud Kitchen Market research is [] The post Cloud Kitchen . Cloud kitchens are more like tech startups than restaurants. 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. You can consider using a typical food delivery app funnel (i.e. Figure 14: Global: Cloud Kitchen (Burger and Sandwich) Market: Sales Value (in Million US$), 2016 & 2021 According to an analysis by Redseer, the cloud kitchen market size is expected to reach $2 billion in the next couple of years. Innovative cloud kitchens are displacing home eating and will continue to do so. 14.3.4.1 Company Overview landing page, search for restaurants, click on food items, place orders), or a site funnel (i.e., home page, keyword search, item click, buy), going to a site/app and searching for a typical cloud kitchen food item, say burgers, can be seen as a proxy for demand. 14.3.8.2 Product Portfolio All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. 8.1.2 Market Forecast 7.1.1 Market Trends 9.2.2 Japan By setting the right metrics, conducting descriptive, diagnostic and predictive analysis using analytical tools, one can improve Cloud Kitchen performance in areas like marketing and operation. 8.1.1 Market Trends Figure 16: Global: Cloud Kitchen (Pizza and Pasta) Market: Sales Value (in Million US$), 2016 & 2021 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. Data analytics can be powerful in improving Cloud Kitchen performance by setting the right metrics, conducting descriptive, diagnostic and predictive analysis using analytical tools. 7.3 Chicken Here's a quick idea on what a cloud, (dark, ghost or virtual) Kitchen is. Figure 55: Germany: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 12.5 Threat of New Entrants 5. For further information review our Privacy Policy. b. Market Overview: The global cloud kitchen market size reached US$ 56.71 Billion in 2021. COVID-19 The pandemic continues to cause unprecedented disruption across industries worldwide. Comprehensive analysis of factors that will challenge the growth of cloud kitchen market vendors Gain instant access to 17,000+ market research reports. A restaurant with no seating space and no physical store. 10.2 Strengths 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. of house managers become obsolete. 8.2.2 Market Forecast The Model can be . 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. 9.2.7 Others Figure 33: United States: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 13 Price Analysis What are the key regions in the global cloud kitchen market? A cloud kitchen utilizes a commercial kitchen for the purpose of preparing food for delivery or takeout only, with no dine-in customers. Amid the COVID-19 pandemic, when dine-in facilities were shut as a precautionary measure to stop the spread of the virus, online food ordering and delivery services gained popularity among consumers. I ruined my familys finances by withdrawing from my 401(k) to buy a house and I regret it. Figure 36: Asia-Pacific: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 14.3.9.4 SWOT Analysis Get a Sample PDF of report -https://www.360researchreports.com/enquiry/request-sample/19891693. Figure 63: Spain: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 Based on the type, the global cloud kitchen market can be segmented into independent cloud kitchen, commissary/shared kitchen, and kitchen pods. Attractive Opportunities In the Cloud Kitchen Market: The Global Cloud Kitchen market is anticipated to rise at a considerable rate during the forecast period, between 2023 and 2028. The Gross Merchandize value of cloud kitchens in India was estimated to be about 2.3 billion U.S. dollars in 2025. The franchised segment dominated the cloud kitchen market in 2020, accounting for more than 60% of the revenue share. Microsoft confirms plans to lay off about 10,000 workers as tech companies cut back. 14.3.8.1 Company Overview 9.2.1 China 4. Global Cloud Kitchen Market to Reach US$ 112.53 Billion by 2027, Bolstered by Growing Popularity of Online Food Delivery Services. Figure 75: Others: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 4. Choose reports from a database of more than 10,000 reports. You scrolled through a dozen options before deciding on one of those restaurants. 2.1 Objectives of the Study Press Release Distributed by The Express Wire, To view the original version on The Express Wire visit Cloud Kitchen Market : A Comprehensive Analysis of the Global Industry from 2023 to 2028, Including Size, Share, Growth, and Trends, COMTEX_422412995/2598/2023-01-10T05:00:39. Restaurant owners or food business entrants sidestepping high rents and real estate costs by shedding the front-of-house. 9.1.2.1 Market Trends This research report is the result of an extensive primary and secondary research effort into the Cloud Kitchen market. 9.3.2.1 Market Trends 9.2.3 India Asia Pacific, Europe, North America, Latin America, Middle East and Africa, United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico. 7.6.1 Market Trends . 9.2.3.1 Market Trends In addition, we are always willing to comply with the study, which triangulated with your own data to make the market research more comprehensive in your perspective. Coverage includes scalable data mining and knowledge discovery techniques together with cloud computing concepts . 12.4 Degree of Competition Furthermore, establishing such restaurants involves fewer risks as the franchisor provides training and support ranging from supplies and equipment to staff training and marketing. Moreover, restaurants with the sole purpose of delivering foods targeted to specific customers can operate under more than one brand from the same kitchen, allowing them to make the most of their ingredients and reduce additional raw material costs. Figure 49: Indonesia: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 Figure 25: Global: Cloud Kitchen (Other Product Types) Market Forecast: Sales Value (in Million US$), 2022-2027 This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2028. The early adopters in the market are expected to capitalize on market opportunities by expanding stores across regions and economies. Cloud layer gathers all sensory data which are heterogeneous in nature and uses datamining algorithms to . 9.3.1 Germany Adaptability and a greater understanding of your . Our research analysts will help you to get customized details for your report, which can be modified in terms of a specific region, application or any statistical details. 10.4 Opportunities Based on the nature, the global cloud kitchen market can be categorized into franchised and standalone. Figure 40: Japan: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 Some of the major players in the global cloud kitchen market include CloudKitchens, DoorDash Inc., Figure 6: Global: Cloud Kitchen Market: Breakup by Nature (in %), 2021 14.3.4.2 Product Portfolio 9.3.1.2 Market Forecast 9.2.7.2 Market Forecast Table 7: Global: Cloud Kitchen Market: Key Players, Note: We value your privacy and will never rent or sell your email address. 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. Figure 46: Australia: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 Cloud analytics is the process of storing and analyzing data in the cloud and using it to extract actionable business insights. Figure 47: Australia: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 Should I ask his son for his share? Is there a problem with this press release? Heres where. Especially among the women, there has been gradual adoption of working lifestyle . International Journal of Analytical and Experimental Modal Analysis, XII(IX), 463-471. 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%. The Model can be used for creating a business plan for any size of the business by using a combination of revenue from: 1. It is an internet-enabled delivery restaurant. Our support available to help you 24 hours a day, five days a week. Figure 65: Russia: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 The main reason for the low investment is the rental space. 9.4.2.1 Market Trends Figure 76: Middle East and Africa: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 Figure 73: Mexico: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 Which region accounted for the highest cloud kitchen market share. Get a Sample Copy of the Cloud Kitchen Report 2022. If you are one of the restaurant business owners at the cloud kitchen vessels, or individuals interested in the cloud kitchen space, you would probably want to have a good understanding of the demand in the area and have a relatively accurate sales forecast to plan accordingly. 4.1 Overview The global cloud kitchen market was valued at $29.4 billion in 2020, and is projected to reach $112.7 billion by 2030, growing at a CAGR of 13.12% from 2021 to 2030. The order process is fully done online, and foods are delivered to you by food delivery businesses. Its Data, Not Reality: On Situated Data With Jill Walker Rettberg, How we added RNN to our Time Series SkillsIn 3 Steps. Cloud kitchens, also known as ghost kitchens or virtual kitchens, refer to the delivery-only kitchens. Order management and mobile segment are estimated to hold the largest market . This cloud kitchen model is for businesses that offer different types of cuisines. Figure 44: South Korea: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 9.4.1 Brazil 70% of the average restaurants monthly revenue decrease, and staff focuses on. After getting the forecasted sales data, its important for the kitchen managers to allocate labor accordingly, maximizing the operation efficiency and minimizing overtime rate. 14.1 Market Structure 14.3.5.3 Financials . Too known as virtual kitchen, shared kitchen, phantom kitchen, satellite kitchen. Currently, franchised cloud kitchen accounts for the largest market share. The MarketWatch News Department was not involved in the creation of this content. 6. However, choosing the right rental space, that is, ensuring that there is proper sanitation, water supply and maintenance is very 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. The commissary/shared kitchen segment is expected to register a CAGR exceeding 13.0% over the forecast period. 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 The Saudi Arabia cloud kitchen market size was valued at $157.0 million in 2020, and is estimated to reach $335.7 million by 2030 with a CAGR of 7.7% from 2021 to 2030. 14.3.5.1 Company Overview Discounted price for multiple reports across domains, 2. Browse Detailed TOC, Tables and Figures with Charts which is spread across 115 Pages that provides exclusive data, information, vital statistics, trends, and competitive landscape details in this niche sector. Explore purchase options. Key factors that are driving the cloud kitchen market growth include increasing consumer preference for online food services over dining experiences and the increased profit margin of the virtual kitchen business in comparison to dining restaurants. It allows food businesses to optimize and expand delivery or takeout services at a minimal cost compared to conventional brick-and-mortar locations, which require physical dine-area and huge capital investment. b. Ltd., Rebel Foods, Starbucks Coffee Company, Swiggy and Toast Inc. PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request). Believe it or not, theres a chance your meal was cooked at brick and mortar restaurants, but inside of a windowless trailer in parking lots, operated by tech companies like REEF Kitchen, a Cloud kitchen business. 7.5 Mexican and Asian Food 14.3.9.2 Product Portfolio Cloud Kitchen Market Size is projected to Reach Multimillion USD by 2028, In comparison to 2021, at unexpected CAGR during the forecast Period 2022-2028. Grand View Research is registered in the State of California at Grand View Research, Inc. 201 Spear Street 1100, San Francisco, CA 94105, United States. The competition in the market is intensifying with a rise in several individual restaurant operators seeking to enter the food industry with limited investments. What is the breakup of the global cloud kitchen market based on the nature? 7.5.2 Market Forecast Figure 26: Global: Cloud Kitchen (Franchised) Market: Sales Value (in Million US$), 2016 & 2021 If you want to be more exact, use #orders/(#searches + #ad clicks). Please fill out the form below for a free PDF report sample & 5.1 Market Overview The increasing consumer preference for international cuisines, fast foods, and online ordering is expected to drive the growth of the segment. IMARC offers market research reports and consulting services to clients consisting of, but not limited to, SMEs and Fortune 500 companies. 7.6.2 Market Forecast 1. Which region is dominating the Cloud Kitchen market growth? Another proxy for demand can be ads click-through-rate (CTR). Cloud Kitchen Market - Segmentation Analysis: Which segment is expected to lead the global Cloud Kitchen market during the forecast period? 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 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. Food is the common product of traditional restaurants and cloud kitchens. TO KNOW HOW COVID-19 PANDEMIC AND RUSSIA UKRAINE WAR WILL IMPACT THIS MARKET - REQUEST SAMPLE. 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. 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. 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. Figure 23: Global: Cloud Kitchen (Mexican and Asian Food) Market Forecast: Sales Value (in Million US$), 2022-2027 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. 14.3.1.1 Company Overview CloudKitchens, DoorDash Inc., Kitchen United, Kitopi, Lightspeed Commerce Inc., PAR Technology Corporation, POSist Technologies Pvt. 9.3.4 Italy 9.5 Middle East and Africa Data Analysis in the Cloud introduces and discusses models, methods, techniques, and systems to analyze the large number of digital data sources available on the Internet using the computing and storage facilities of the cloud. Privacy policy. Figure 7: Global: Cloud Kitchen Market: Breakup by Region (in %), 2021 Data Analytics in Cloud Kitchen. 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). 2.4.1 Bottom-Up Approach 2. The market is fragmented with the presence of several large and small restaurateurs operating using the delivery-only model service. There are analytics tools, such as locale.ai that help you consolidate this information. Dine-in businesses, which contribute to nearly two-thirds of the food industry, were severely affected and faced intense financial crunch because of the lack of regular customer orders. 7.3.1 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. Over the years, there has been a rise in number of workforces in various demographic segments. 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. 360 Research Reports is the credible source for gaining the market reports that will provide you with the lead your business needs. 14.3.3.1 Company Overview Our technology helps the food industry for better communication, better planning, and better process efficiencies. 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. Figure 77: Middle East and Africa: Cloud Kitchen Market: Breakup by Country (in %), 2021 The India cloud kitchen market is expected to exhibit a CAGR of 15.45% during 2022-2027. 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 . 9.4.3 Others 9.3.2.2 Market Forecast 6.3.2 Market Forecast We expect the global cloud kitchen market to exhibit a CAGR of 11.50% during 2022-2027. Continually increasing customer preference for online food services over dining experiences and increasing incentives and government schemes regarding online food delivery are the few . Table 4: Global: Cloud Kitchen Market Forecast: Breakup by Nature (in Million US$), 2022-2027 Labor optimization is the part that is most in need of data analytics the most in operation. Report Overview. This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. 7.3.2 Market Forecast Besides this, it also helps them focus on marketing, minimizing administrative hassle and logistics, and reaching a larger audience. ET 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. Figure 48: Indonesia: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. 9.3 Europe "Cloud Kitchen. 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.