Data analytics can be powerful in improving Cloud Kitchen's business performance. Global Cloud Kitchen Market to Reach US$ 112.53 Billion by 2027, Bolstered by Growing Popularity of Online Food Delivery Services. Jain (Deemed-to-be-University), Bangalore, Karnataka, INDIA. 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. Find the highest rated Cloud Kitchen Management software pricing, reviews, free demos, trials, and more. Is there a problem with this press release? 14.3.8.1 Company Overview See for yourself. Figure 60: Italy: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 Servers, cashiers, hosts, and front. Because they are designed with tech in mind, cloud kitchens can optimize processes, ordering, and staff scheduling based on consumer behavior. 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. The Cloud Kitchen gives restaurants owners flexibility to operate restaurants using the same infrastructure and resources under multiple brand names. Market Analysis and Insights: Global Cloud Kitchen Market . 9.2 Asia-Pacific 12.6 Threat of Substitutes On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where Asia-Pacific currently dominates the global market. 14.3.2.1 Company Overview 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. The early adopters in the market are expected to capitalize on market opportunities by expanding stores across regions and economies. As cloud kitchens work entirely on the delivery-only model, restaurateurs could easily continue their businesses and serve customers efficiently. 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. 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. 2.2 Stakeholders 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. Choosing the right rental space. 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. 9.2.7 Others 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. 6. What are the key driving factors for the growth of the Cloud Kitchen Market? 6. Kitchen United, Kitopi, Lightspeed Commerce Inc., PAR Technology Corporation, POSist Technologies Published Date: March 1, 2020. Who are the key players in the cloud kitchen market? In the global market, the core manufacturers of cloud kitchen include Franklin Junction, Kitchen United, Nextbite ,REEF Technology, Virturant, CloudKitchens, Kitopi, The Local Culinary, Amped Kitchens, Fulton Kitchens, Just Kitchen, Freshlane, Panda Selected, Keatz and Rebel Foods etc, and the top 15 manufacturers account for about 15% of the market share. 3 Executive Summary Complete packing station . 7.4.1 Market Trends The menu can also be adapted to suit demand and increase margins, optimizing the model over time. Figure 46: Australia: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 9.3.3 United Kingdom This site uses cookies (including third-party cookies) to record users preferences which help us to Figure 39: China: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 Table 4: Global: Cloud Kitchen Market Forecast: Breakup by Nature (in Million US$), 2022-2027 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 . 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). 7.4.2 Market Forecast 9.3.4 Italy Profit margins are usually in the range of 10-15 percent as opposed to 5-10 percent as compared to restaurants," informs Dahiya. 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. 10.2 Strengths We expect the global cloud kitchen market to exhibit a CAGR of 11.50% during 2022-2027. Figure 7: Global: Cloud Kitchen Market: Breakup by Region (in %), 2021 You can consider using a typical food delivery app funnel (i.e. 2.1 Objectives of the Study 9.3.2 France Figure 77: Middle East and Africa: Cloud Kitchen Market: Breakup by Country (in %), 2021 Explore purchase options. 13 Price Analysis 7.2.2 Market Forecast 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. The model can be used by start-ups to create 5 years projections along with the construction/setup phase. No purchase commitment. What has been the impact of COVID-19 on the global cloud kitchen market? 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. Based on the product type, the global cloud kitchen market has been divided into burger and sandwich, pizza and pasta, chicken, seafood, Mexican and Asian food, and others. 14.3 Profiles of Key Players 7.6.2 Market Forecast 6 Market Breakup by Type As known as ghost kitchens, shadow kitchens, virtual kitchens and dark kitchens, Cloud Kitchen is a restaurant with an online presence but no storefront (dine-in facilities). Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours . Figure 33: United States: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 2.2 Gain Actionable Data To Adapt and Optimise Your Restaurant. 2.1 Better Delivery Efficiency. Figure 14: Global: Cloud Kitchen (Burger and Sandwich) Market: Sales Value (in Million US$), 2016 & 2021 9.1.1 United States 8.1 Franchised 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 22: Global: Cloud Kitchen (Mexican and Asian Food) Market: Sales Value (in Million US$), 2016 & 2021 3. 9.2.3.2 Market Forecast 9.5 Middle East and Africa 7.6 Others This drives us to provide you with custom or syndicated research reports. Besides this, it also helps them focus on marketing, minimizing administrative hassle and logistics, and reaching a larger audience. Restaurants like Faasos, Box8, Innerchef, Freshmenu, Kabuliwala and Holachef are also exploring the concept of . 5. Figure 43: India: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 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. Figure 69: Latin America: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 From 2018 to 2020 the revenue of the company went from just $ 65 million to $ 368 . Figure 63: Spain: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 Moreover, restaurants with the sole purpose of delivering foods targeted to specific customers can operate under more than one brand from the same kitchen, allowing them to make the most of their ingredients and reduce additional raw material costs. 14.3.7.2 Product Portfolio The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Cloud Kitchen market. Benefits Of Setting Up A Cloud Kitchen In Singapore. 9.1.2.1 Market Trends Data analytics helps Cloud Kitchen in a sense that it solves the business problem at a large scale and at a faster speed. No longer than 30 minutes after you finally made up your mind and hit the check out button, the meals are delivered to your door, hot and ready to eat. Its Data, Not Reality: On Situated Data With Jill Walker Rettberg, How we added RNN to our Time Series SkillsIn 3 Steps. 14.3.11.2 Product Portfolio The report covers growth-driving factors and opportunities . Complimentary 10 hours free analyst time for market review, 3. 14.3.11.1 Company Overview This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2028. Figure 8: Global: Cloud Kitchen (Independent Cloud Kitchen) Market: Sales Value (in Million US$), 2016 & 2021 It enables you to gather your business data and information and creates predictability for . It contains an in-depth outline of the market, including Cloud Kitchen Market size, trends, growth, and forecast. A cloud kitchen is a . Figure 23: Global: Cloud Kitchen (Mexican and Asian Food) Market Forecast: Sales Value (in Million US$), 2022-2027 7.1.1 Market Trends 4.1 Overview Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. 5 Global Cloud Kitchen Market 14.3.8 Rebel Foods Consequently, food businesses, including delivery-optimized restaurants, meal prep companies, caterers, and packaged food producers, worldwide are shifting to cloud kitchens to maintain business continuity and deliver food without added overhead or hassle. 14.3.9.1 Company Overview Im now clean and sober: My late father left me 25% of his estate, and my wealthy brother 75%. 2.4 Scale Your Business More Affordably. International Journal of Analytical and Experimental Modal Analysis, XII(IX), 463-471. They continue to climb. You can now earn upwards of 4% on a savings account. A cloud kitchen is a centralized virtual commercial space used to prepare delivery-optimized menu items or food consumed off the premises. 14.3.5.3 Financials You need business acumen to run a successful restaurant, but . multi-brand cloud kitchen accounted for 55% and hybrid cloud kitchen accounted for 20%. Figure 27: Global: Cloud Kitchen (Franchised) Market Forecast: Sales Value (in Million US$), 2022-2027 The Saudi Arabia cloud kitchen market size was valued at $157.0 million in 2020, and is estimated to reach $335.7 million by 2030 with a CAGR of 7.7% from 2021 to 2030. 6.1.1 Market Trends The India cloud kitchen market is expected to exhibit a CAGR of 15.45% during 2022-2027. The GMV . The franchised segment dominated the cloud kitchen market in 2020, accounting for more than 60% of the revenue share. 5.3 Impact of COVID-19 2.3 Data Sources Grand View Research is registered in the State of California at Grand View Research, Inc. 201 Spear Street 1100, San Francisco, CA 94105, United States. Our aim is to provide the best solution that matches the exact customer requirements. Figure 12: Global: Cloud Kitchen (Kitchen Pods) Market: Sales Value (in Million US$), 2016 & 2021 Figure 16: Global: Cloud Kitchen (Pizza and Pasta) Market: Sales Value (in Million US$), 2016 & 2021 9.2.1 China Figure 35: Canada: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 Cloud layer gathers all sensory data which are heterogeneous in nature and uses datamining algorithms to . Innovative cloud kitchens are displacing home eating and will continue to do so. 8.1.2 Market Forecast Jan 10, 2023 (The Expresswire) -- Final Report will add the analysis of the impact of Russia-Ukraine War and COVID-19 on this industry. "Cloud Kitchen. Data analytics can be powerful in improving Cloud Kitchen performance by setting the right metrics, conducting descriptive, diagnostic and predictive analysis using analytical tools. Among these, burger and sandwich exhibits a clear dominance in the market. 14.3.2.3 Financials IMARC offers market research reports and consulting services to clients consisting of, but not limited to, SMEs and Fortune 500 companies. However, on establishing as a brand, the increase in affluent customers demanding quality food delivery services is encouraging restaurateurs to opt for standalone kitchens. 2.5 Low Risk Associated. 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. Restaurants are increasingly renting out their kitchen spaces to different food service providers as an additional source of income. Here's a quick idea on what a cloud, (dark, ghost or virtual) Kitchen is. Too known as virtual kitchen, shared kitchen, phantom kitchen, satellite kitchen. 7.5.2 Market Forecast 9.3.5.1 Market Trends The denominator here indicates people with intention to order meals. If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Its premise is pretty simple: no storefront, no dining facilities, just a common kitchen space for cooking (single or multiple cuisines under one roof), and the facility of online ordering and delivery via food aggregators like Zomato and Swiggy. 14.3.7 POSist Technologies Pvt. 4.2 Key Industry Trends The popularity of international cuisines and tailored foods among consumers is encouraging operators to invest in popular brands. 5.1 Market Overview 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 38: China: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 7.1 Burger and Sandwich Cloud Kitchen Market - Competitive Analysis: Who are the Leading Key Players Operating In this Market? Market Analysis and Insights: Global Cloud Kitchen Market. This growth can be attributed to the minimum investment involved, ensuring complete control over kitchen operations. 12.2 Bargaining Power of Buyers 10 SWOT Analysis 9.1 North America Rise in number of young populations globally, along with changing taste preference of consumers has raised demand for online food delivery. Cloud kitchens also have comparatively higher profit margins than dine-in restaurants. Food is the common product of traditional restaurants and cloud kitchens. One Business, Multiple Brands, Single Kitchen Model. online dashboard trial. 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. The MarketWatch News Department was not involved in the creation of this content. 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