9.1.1.2 Market Forecast 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. Jan 10, 2023 (The Expresswire) -- Final Report will add the analysis of the impact of Russia-Ukraine War and COVID-19 on this industry. Free report customization (equivalent up to 8 analysts working days) with purchase. Figure 75: Others: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 Get a Sample Copy of the Cloud Kitchen Report 2022. 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. 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. 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. Cloud Kitchen Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027, Financial Services and Investment Intelligence. There are analytics tools, such as locale.ai that help you consolidate this information. Some of the major players in the global cloud kitchen market include CloudKitchens, DoorDash Inc., 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. 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 . 14.3.3.2 Product Portfolio 9.2.2 Japan 7.1 Burger and Sandwich 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. We value your investment and offer free customization with every report to fulfil your exact research needs. 14.3.2.1 Company Overview It is an internet-enabled delivery restaurant. 5.2 Market Performance What has been the impact of COVID-19 on the global cloud kitchen market? I ruined my familys finances by withdrawing from my 401(k) to buy a house and I regret it. Figure 65: Russia: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 The franchised segment dominated the cloud kitchen market in 2020, accounting for more than 60% of the revenue share. Figure 79: Global: Cloud Kitchen Industry: SWOT Analysis Our technology helps the food industry for better communication, better planning, and better process efficiencies. 9.1.2.1 Market Trends 6.3 Kitchen Pods 2.1 Better Delivery Efficiency. Furthermore, an efficient cloud kitchen incorporates data analysis and supply chain management to generate forecasts and projections, decreasing food waste and stock out. 14.3.7.2 Product Portfolio Figure 39: China: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 Copyright 2023 MarketWatch, Inc. All rights reserved. Besides this, it also helps them focus on marketing, minimizing administrative hassle and logistics, and reaching a larger audience. The global cloud kitchen market size was estimated at USD 51.96 billion in 2020 and is expected to reach USD 61.62 billion in 2021. b. You can also contact MarketWatch Customer Service via our Customer Center. Moreover, restaurants with the sole purpose of delivering foods targeted to specific customers can operate under more than one brand from the same kitchen, allowing them to make the most of their ingredients and reduce additional raw material costs. Figure 19: Global: Cloud Kitchen (Chicken) Market Forecast: Sales Value (in Million US$), 2022-2027 14.3.9.1 Company Overview Zomato - The Cloud Kitchen. To get more information on the regional analysis of this market, Request Sample. Individual ghost kitchens with their online ordering solutions are also witnessing increased adoption. Global Cloud Kitchen Market, Split By Region, Historic . 9.1.1 United States 9.3.6 Russia 9.2.3.1 Market Trends 8. 14.3.9.4 SWOT Analysis This drives us to provide you with custom or syndicated research reports. Market Analysis and Insights: Global Cloud Kitchen Market. Is there a problem with this press release? 14.3.2.3 Financials Cloud Kitchen Market - Segmentation Analysis: Which segment is expected to lead the global Cloud Kitchen market during the forecast period? 7.4 Seafood Moreover, a rise in the number of food trucks and caterers that use storage space and free time slots of restaurant facilities is expected to drive the segment growth. Figure 40: Japan: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 Figure 43: India: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 9.2.2.1 Market Trends After getting the forecasted sales data, its important for the kitchen managers to allocate labor accordingly, maximizing the operation efficiency and minimizing overtime rate. The Cloud Kitchen gives restaurants owners flexibility to operate restaurants using the same infrastructure and resources under multiple brand names. North America is expected to register a CAGR of around 10% over the forecast period. Continually increasing customer preference for online food services over dining experiences and increasing incentives and government schemes regarding online food delivery are the few . Figure 47: Australia: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 Global Cloud Kitchen Market size was valued at USD 45.87 Billion in 2021 and is projected to reach USD 106.32 Billion by 2028, growing at a CAGR of 12.76% from 2022 to 2028. Data analytics can be powerful in improving Cloud Kitchen performance by setting the right metrics, conducting descriptive, diagnostic and predictive analysis using analytical tools. Figure 46: Australia: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 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. 9.2.3 India 10.4 Opportunities These insights are included in the report as a major market contributor. 7.6.2 Market Forecast The use of a cloud kitchen POS makes it both convenient and more revenue-generating for your brand. 3 Executive Summary "Cloud Kitchen. Choosing the right rental space. Privacy policy. However, in terms of the number of companies, Zomato appears to be in serious trouble! Coverage includes scalable data mining and knowledge discovery techniques together with cloud computing concepts . 14.3.8 Rebel Foods Free trial, before you make a purchase decision. "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. 8.2.2 Market Forecast Table 1: Global: Cloud Kitchen Market: Key Industry Highlights, 2021 and 2027 The product is mainly used in workplaces and household fields, with a share of 61% and 26%. The most important role in the advent of cloud kitchens has been played by food aggregators. More specifically, it helps identify demand, optimize supply and increase operational efficiencies. 9.1.1.1 Market Trends 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. 9.5.1 Market Trends 9.3.3.2 Market Forecast 4. What is the breakup of the global cloud kitchen market based on the type? Restaurants like Faasos, Box8, Innerchef, Freshmenu, Kabuliwala and Holachef are also exploring the concept of . In accordance to the research report by Credible Markets, the cloud kitchen market is currently appreciated to USD 60 billion and is expected to garner a significant growth at CAGR of 12% during . Figure 72: Mexico: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 Brands that use cloud kitchens can also run a virtual restaurant or a brick-and-mortar restaurant. 13 Price Analysis Figure 53: Europe: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 Data analytics can be powerful in improving Cloud Kitchen's business performance. 7.3 Chicken According to a new report published by Allied Market Research, titled, "Cloud Kitchen Market by Type, Product Type and Nature: Global Opportunity Analysis and Industry Forecast, 2021-2027 . Compare the best Cloud Kitchen Management software of 2023 for your business. Page 360In an IoT environment, vital data are colinformation is implemented on a call company acquired Holachef,. The market include Asia-Pacific, North America and Europe, with a share of 58%, 23% and 12%. Table 6: Global: Cloud Kitchen Market: Competitive Structure 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 14.3.10.1 Company Overview The global cloud kitchen market was valued at $29.4 billion in 2020, and is projected to reach $112.7 billion by 2030, growing at a CAGR of 13.12% from 2021 to 2030. The Cloud Kitchen Market report is a valuable source for the best market and business solutions for the Cloud Kitchen industry in this rapidly altering marketplace. Global Cloud Kitchen Scope and Market Size. Figure 59: United Kingdom: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 Figure 68: Latin America: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 Especially among the women, there has been gradual adoption of working lifestyle . Figure 81: Global: Cloud Kitchen Industry: Porter's Five Forces Analysis 4.1 Overview Figure 17: Global: Cloud Kitchen (Pizza and Pasta) Market Forecast: Sales Value (in Million US$), 2022-2027 9.3.7.1 Market Trends 14.3.11.2 Product Portfolio 9.3.7 Others 14.3.11 Toast Inc. Big cloud kitchen data analysis with cost savings when moving to the scalability of operations has to focus on ambiance,,. 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. 9.2.7.2 Market Forecast 9.3 Europe The popularity of international cuisines and tailored foods among consumers is encouraging operators to invest in popular brands. Figure 5: Global: Cloud Kitchen Market: Breakup by Product Type (in %), 2021 9.1 North America Figure 34: Canada: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 What is the expected growth rate of the global cloud kitchen market during 2022-2027? Additionally, the demand for online food delivery services increased during the COVID-19 pandemic when dine-in restaurants were closed, which led to the establishment of several cloud kitchens in the region, resulting in regional market growth. Here we'll be using sample dummy data on cloud kitchen to do data analysis in Excel. Table 3: Global: Cloud Kitchen Market Forecast: Breakup by Product Type (in Million US$), 2022-2027 In my practicum project with REEF at UC Daviss, we used Tableau as a labor hour calculator to predict labor hours based on sales dollars input. Figure 27: Global: Cloud Kitchen (Franchised) Market Forecast: Sales Value (in Million US$), 2022-2027 In this section, I will suggest some key metrics for you to consider, along with analytical models and tools that can help solve potential problems in cloud kitchen operation. Restaurants are increasingly renting out their kitchen spaces to different food service providers as an additional source of income. Report Overview. Figure 20: Global: Cloud Kitchen (Seafood) Market: Sales Value (in Million US$), 2016 & 2021 Apart from Rebel Foods, many other Indian . 10.1 Overview Figure 24: Global: Cloud Kitchen (Other Product Types) Market: Sales Value (in Million US$), 2016 & 2021 The following elements must be included in the business plan: Business Summary : A business summary should ideally explain the concept of your cloud kitchen in a concise manner. A dedicated online ordering solution drives consumers directly to the business and reduces aggregators commission, which could account for anywhere around one-fifth of the overall cloud kitchen costs. This Cloud Kitchen business Plan Model is a perfect tool for a financial feasibility study on launching a food joint. The 6 Cloud Kitchen Business Models. 360 Research Reports is the credible source for gaining the market reports that will provide you with the lead your business needs. With our tool, district managers at REEF can minimize the overtime labor hours, increasing operational profit. Who are the key players in the cloud kitchen market? The menu can also be adapted to suit demand and increase margins, optimizing the model over time. What was the size of the global cloud kitchen market in 2021? This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2028. What are the key driving factors for the growth of the Cloud Kitchen Market? The standalone segment is expected to register a significant CAGR over the forecast period. Figure 74: Others: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 9.2.1 China 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 Introduction Rise in number of young populations globally, along with changing taste preference of consumers has raised demand for online food delivery. 9.4 Latin America of house managers become obsolete. Better Efficiency. 9.4.1 Brazil This cloud kitchen market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths . A web/app-based ordering system in cloud kitchens allows for more flexibility when it comes to setting up a menu, and its pricing as a dish can easily be discarded based on customer feedback without incurring any printing menu costs. 7.6 Others 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. 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. The guest experience is crucial. People searching for burgers are at least having some intent to buy burgers for their meal. 7.1.2 Market Forecast 5.1 Market Overview Figure 70: Brazil: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 What are the factors driving the cloud kitchen market? Which type segment led the cloud kitchen market? Include important information such as your objective, the inspiration for your firm, the company's initial and future plans, and so on. IMARC offers market research reports and consulting services to clients consisting of, but not limited to, SMEs and Fortune 500 companies. Moreover, varying degrees of lockdowns and related restrictions in several countries globally have helped the food delivery service model gain increased prominence. 10.3 Weaknesses 14.3.1 CloudKitchens 1. Use of Workplaces, Household, Schools, Others and in multiple sectors has led to significant growth in demand for Cloud Kitchen in the market. Figure 63: Spain: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 14.3.6.1 Company Overview 2.3.2 Secondary Sources 14.3.1.2 Product Portfolio Figure 45: South Korea: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 8.1.1 Market Trends Figure 61: Italy: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 9.3.3 United Kingdom ( India: +91 120 433 0800 ). 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. Figure 58: United Kingdom: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 Furthermore, market players are providing a comprehensive platform with seamless integration of point of sale (POS), kitchen display (KDS), and inventory management technologies, which is anticipated to strengthen the market growth. 9.3.5.2 Market Forecast 9.2.5.1 Market Trends In 2021, the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon. 9.3.1 Germany 14.3.5 Lightspeed Commerce Inc. This is the original cloud kitchen model. See for yourself. 9.2.7.1 Market Trends Jain (Deemed-to-be-University), Bangalore, Karnataka, INDIA. Cloud Kitchen Market Share Analysis Report, 2021-2028. In a fast-paced cloud kitchen, order preparation time is usually around is 10-12 minutes, if you want to deliver the order within 30 minutes. Figure 80: Global: Cloud Kitchen Industry: Value Chain Analysis 14.3.4.1 Company Overview 9.2.5.2 Market Forecast 4.2 Key Industry Trends 9.3.5 Spain 9.2.6.1 Market Trends As a result, labor costs which usually absorb 50-. A variety of methodologies and analyses are used in the research to ensure accurate and comprehensive information about the Cloud Kitchen Market. This research report is the result of an extensive primary and secondary research effort into the Cloud Kitchen market. The popularity of cloud kitchens is more prominent in the Asia Pacific region, which accounted for more than 60% of the global market in 2020. Figure 23: Global: Cloud Kitchen (Mexican and Asian Food) Market Forecast: Sales Value (in Million US$), 2022-2027 14.3.2.2 Product Portfolio Figure 1: Global: Cloud Kitchen Market: Major Drivers and Challenges 7.2 Pizza and Pasta The Model can be . If the CTR is high in a certain timeframe, then you can plan labor and inventory accordingly. 12 Porters Five Forces Analysis Here's a quick idea on what a cloud, (dark, ghost or virtual) Kitchen is. 9.2.7 Others Figure 55: Germany: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 Global Cloud Kitchen Market has good growth potential in the future due to the new market opportunities that are being created. Figure 7: Global: Cloud Kitchen Market: Breakup by Region (in %), 2021 Furthermore, establishing such restaurants involves fewer risks as the franchisor provides training and support ranging from supplies and equipment to staff training and marketing. 2.4 Scale Your Business More Affordably. ET If you are one of the restaurant business owners at the cloud kitchen vessels, or individuals interested in the cloud kitchen space, you would probably want to have a good understanding of the demand in the area and have a relatively accurate sales forecast to plan accordingly. Figure 32: United States: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 14.3.11.1 Company Overview enhance our services. 7.5.2 Market Forecast 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). Figure 77: Middle East and Africa: Cloud Kitchen Market: Breakup by Country (in %), 2021 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 model can be used by start-ups to create 5 years projections along with the construction/setup phase. A brief PESTEL on the growing Ghost Kitchen Industry in India pestel analysis on cloud kitchen pestel analysis encompasses following factors political, . You scrolled through a dozen options before deciding on one of those restaurants. The early adopters in the market are expected to capitalize on market opportunities by expanding stores across regions and economies. 5.4 Market Forecast 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 14 Competitive Landscape 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. The independent cloud kitchen segment held the largest revenue share in 2020, accounting for around 60% of the overall cloud kitchen market. 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. Recognizing the full potential of the market, several food aggregators are investing in such kitchens and introducing several brands as their private labels. 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 . 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. 14.3.7.1 Company Overview 8 Market Breakup by Nature On the other hand, stationary restaurants also use separate cloud kitchens to enable more efficient delivery. 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 . 2. 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. 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. Pay attention to the metric if it gives you a low number, which indicates supply problems instead of demand problems. The market is fragmented with the presence of several large and small restaurateurs operating using the delivery-only model service. 9.2.4.1 Market Trends 14.3.9 Starbucks Coffee Company Figure 18: Global: Cloud Kitchen (Chicken) Market: Sales Value (in Million US$), 2016 & 2021 Too known as virtual kitchen, shared kitchen, phantom kitchen, satellite kitchen. 6 Market Breakup by Type Figure 4: Global: Cloud Kitchen Market: Breakup by Type (in %), 2021 Figure 67: Others: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 7.1.1 Market Trends 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. Find the highest rated Cloud Kitchen Management software pricing, reviews, free demos, trials, and more. If you want to be more exact, use #orders/(#searches + #ad clicks). Cloud kitchens are more like tech startups than restaurants. List of Tables Global Cloud Kitchen Market to Reach US$ 112.53 Billion by 2027, Bolstered by Growing Popularity of Online Food Delivery Services. 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. b. Figure 21: Global: Cloud Kitchen (Seafood) Market Forecast: Sales Value (in Million US$), 2022-2027 2.4.1 Bottom-Up Approach Food entrepreneurs and operators that test new offerings and offer creative foods prefer ghost kitchens to test and identify foods before presenting them to guests or consumers. 9.3.6.2 Market Forecast Figure 22: Global: Cloud Kitchen (Mexican and Asian Food) Market: Sales Value (in Million US$), 2016 & 2021 Furthermore, ghost kitchens allow businesses the opportunity to serve customers directly without the pressure of additional costs and the constantly rising real-estate prices. Comprehensive analysis of factors that will challenge the growth of cloud kitchen market vendors Gain instant access to 17,000+ market research reports. Currently, independent cloud kitchen holds the majority of the total market share. 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. 9.3.2.2 Market Forecast Figure 16: Global: Cloud Kitchen (Pizza and Pasta) 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. To get more information about this market, Request Sample. Cloud kitchen GMV 2018-2025. Kitchen - Real-time alert of deviations from original order. The order process is fully done online, and foods are delivered to you by food delivery businesses. 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. Cloud kitchen model also reduced the cost of starting up a food brand, and many first-time restaurateurs embraced the model. 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. 14.3.4.2 Product Portfolio The Saudi Arabia cloud kitchen market size was valued at $157.0 million in 2020, and is estimated to reach $335.7 million by 2030 with a CAGR of 7.7% from 2021 to 2030. 10 SWOT Analysis No purchase commitment. Figure 49: Indonesia: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 14.3.10 Swiggy 9.5.2 Market Breakup by Country They cover three aspects: demand, supply and operation. For further information review our Privacy Policy. Figure 52: Europe: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 Table 4: Global: Cloud Kitchen Market Forecast: Breakup by Nature (in Million US$), 2022-2027 14.3.7 POSist Technologies Pvt. 9.4.2.1 Market Trends The global cloud kitchen market size reached US$ 56.71 Billion in 2021. Currently, franchised cloud kitchen accounts for the largest market share. 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. Figure 15: Global: Cloud Kitchen (Burger and Sandwich) Market Forecast: Sales Value (in Million US$), 2022-2027 Im now clean and sober: My late father left me 25% of his estate, and my wealthy brother 75%. Increasing consumer preference for online food services over dining experiences is one of the major factors contributing to the market growth. This is where data analytics comes into play. The increasing popularity of the shared kitchen concept among restaurateurs and its several benefits contribute to the rise in the number of commissary kitchens. From 2018 to 2020 the revenue of the company went from just $ 65 million to $ 368 . 9.2.2.2 Market Forecast Figure 41: Japan: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 8.1 Franchised Adaptability and a greater understanding of your . The Gross Merchandize value of cloud kitchens in India was estimated to be about 2.3 billion U.S. dollars in 2025. Figure 2: Global: Cloud Kitchen Market: Sales Value (in Billion US$), 2016-2021 Figure 57: France: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 As soon as the order is received, it gets updated in the KDS. 14.3.5.1 Company Overview 5. Figure 38: China: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 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. 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 . 6.3.1 Market Trends 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. 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. Figure 69: Latin America: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 By setting the right metrics, conducting descriptive, diagnostic and predictive analysis using analytical tools, one can improve Cloud Kitchen performance in areas like marketing and operation. This is expected to drive the growth of the segment over the forecast period. landing page, search for restaurants, click on food items, place orders), or a site funnel (i.e., home page, keyword search, item click, buy), going to a site/app and searching for a typical cloud kitchen food item, say burgers, can be seen as a proxy for demand. 14.3.2 DoorDash Inc. At 360 Research Reports, our objective is providing a platform for many top-notch market research firms worldwide to publish their research reports, as well as helping the decision makers in finding most suitable market research solutions under one roof. Restaurant owners or food business entrants sidestepping high rents and real estate costs by shedding the front-of-house. 12.1 Overview Moreover, hectic life schedule and rise . Figure 73: Mexico: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 Manager total branch data and analysis for a given time frame. 2.4 Market Estimation International Journal of Analytical and Experimental Modal Analysis, XII(IX), 463-471. 2.4.2 Top-Down Approach At REEF, we pay extra attention to overtime rate, and this is metric you should emphasize on as well. The COVID-19 pandemic brought several challenges before the food industry. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. What is the breakup of the global cloud kitchen market based on the product type? 7. 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. 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. 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. 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). 7 Market Breakup by Product Type This Cloud Kitchen business Plan Model is a perfect tool for a financial feasibility study on launching a food joint. Please fill out the form below for a free PDF report sample & The report covers growth-driving factors and opportunities . 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. 9.2.6.2 Market Forecast 7.2.1 Market Trends Which region accounted for the highest cloud kitchen market share. 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. 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. Create regional and country strategies on the basis of local data and analysis. Figure 10: Global: Cloud Kitchen (Commissary/Shared Kitchen) Market: Sales Value (in Million US$), 2016 & 2021 The MarketWatch News Department was not involved in the creation of this content. The model can be used by start-ups to create 5 years projections along with the construction/setup phase. Believe it or not, theres a chance your meal was cooked at brick and mortar restaurants, but inside of a windowless trailer in parking lots, operated by tech companies like REEF Kitchen, a Cloud kitchen business. We expect the global cloud kitchen market to exhibit a CAGR of 11.50% during 2022-2027. Figure 60: Italy: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 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 Middle East and Africa Aussie technical support and expertise backed by over 30 years of experience, industry knowledge, training and ongoing commitment to our customers.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 Business Continuity. Another proxy for demand can be ads click-through-rate (CTR). By calculating the proportion of conversions over the search and clicks, we can see how we are responding to users needs. The best part is that a company can customize its restaurant management software . Cloud kitchens are high-profit, low-risk business ventures for restaurant owners, caterers, food entrepreneurs and other food businesses. 14.3.9.2 Product Portfolio This site uses cookies (including third-party cookies) to record users preferences which help us to Technavio's SUBSCRIPTION platform 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. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2017-2028. What is the breakup of the global cloud kitchen market based on the nature? Why overtime rate? 14.3.3.1 Company Overview One Business, Multiple Brands, Single Kitchen Model. 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. 2.5 Forecasting Methodology The global cloud kitchen market was valued at US$ 56.71 Billion in 2021. 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. 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. Data Analytics in Cloud Kitchen. Cloud layer gathers all sensory data which are heterogeneous in nature and uses datamining algorithms to . My brother died 10 months later. 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. Figure 3: Global: Cloud Kitchen Market Forecast: Sales Value (in Billion US$), 2022-2027 Figure 44: South Korea: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 9.2 Asia-Pacific 9.1.2 Canada As cloud kitchens work entirely on the delivery-only model, restaurateurs could easily continue their businesses and serve customers efficiently. Do Twitter Opinions Lead to Great Stock Returns? Jan 10, 2023 (The Expresswire) -- 2.5 Low Risk Associated. 9. Who are the key players/companies in the global cloud kitchen market? Figure 50: Others: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 Copyright 2023 Grand View Research, Inc. All rights reserved. Should I ask his son for his share? Figure 78: Middle East and Africa: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 b. Because they are designed with tech in mind, cloud kitchens can optimize processes, ordering, and staff scheduling based on consumer behavior. 6. A good proxy for supply can be #orders. Discounted price for multiple reports across domains, 2. 2.2 Gain Actionable Data To Adapt and Optimise Your Restaurant. Figure 28: Global: Cloud Kitchen (Standalone) Market: Sales Value (in Million US$), 2016 & 2021 5. The set-up cost for a medium-sized cloud kitchen falls around Rs 5 lakh. 9.2.1.2 Market Forecast "Setting up a cloud kitchen typically requires 1/3rd of the investment required to set up a restaurant on account of lower rental costs. Anyway, this brings us to the concept of Cloud Kitchen. Microsoft confirms plans to lay off about 10,000 workers as tech companies cut back. It also provides a dashboard overview of the past and present performance of leading companies. Based on the nature, the global cloud kitchen market can be categorized into franchised and standalone. The main reason for the low investment is the rental space. 9.2.4 South Korea The increasing trend of cloud kitchens across countries such as China and India is driving the regional market. . Data analytics can be powerful in improving Cloud Kitchens business performance. 5.3 Impact of COVID-19 14.3.8.1 Company Overview Cloud kitchens also have comparatively higher profit margins than dine-in restaurants. 9.2.3.2 Market Forecast 9.3.1.2 Market Forecast The growing number of franchised restaurants across the globe is driving the growth of the segment over the forecast period. Figure 66: Others: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 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. b. 14.3.5.2 Product Portfolio 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. 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). 9.4.1.2 Market Forecast The competition in the market is intensifying with a rise in several individual restaurant operators seeking to enter the food industry with limited investments. Heres where. Cloud Kitchen market is segmented by players, region (country), by Type and by Application. Cloud kitchens are delivery-only kitchens that may be branded or owned by a third party that works with different brands. 9.3.6.1 Market Trends 5 Global Cloud Kitchen Market However, on establishing as a brand, the increase in affluent customers demanding quality food delivery services is encouraging restaurateurs to opt for standalone kitchens. Furthermore, the rising demand for digital ordering solutions favors market growth. 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. Cloud kitchens pride themselves on the reduced budget required to set one up. Ltd., Rebel Foods, Starbucks Coffee Company, Swiggy and Toast Inc. 1 Preface 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 13: Global: Cloud Kitchen (Kitchen Pods) Market Forecast: Sales Value (in Million US$), 2022-2027 However, choosing the right rental space, that is, ensuring that there is proper sanitation, water supply and maintenance is very crucial. By setting the right metrics, conducting descriptive, diagnostic and predictive analysis using analytical tools, one can improve Cloud Kitchen performance in areas like marketing and operation. 9.3.1.1 Market Trends Figure 48: Indonesia: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 Servers, cashiers, hosts, and front. India is been food cherishing nation and Indian food reflects mix of different . Avail customized purchase options to meet your exact research needs. 8.2 Standalone 9.3.2.1 Market Trends 12.3 Bargaining Power of Suppliers Cloud Kitchen Market : A Comprehensive Analysis of the Global Industry from 2023 to 2028, Including Size, Share, Growth, and Trends Published: Jan. 10, 2023 at 5:00 a.m. According to an analysis by Redseer, the cloud kitchen market size is expected to reach $2 billion in the next couple of years. Figure 9: Global: Cloud Kitchen (Independent Cloud Kitchen) Market Forecast: Sales Value (in Million US$), 2022-2027 With services like UberEats, DoorDash, PostMates, Deliveroo, Eat24, Amazon Restaurants, Swiggy, etc., food has become available through just a few clicks. 14.3 Profiles of Key Players 7.2.2 Market Forecast 14.3.3 Kitchen United 14.3.9.3 Financials Data analytics helps Cloud Kitchen in a sense that it solves the business problem at a large scale and at a faster speed. 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). Seafood, Mexican/Asian Food, Others; By Deployment Types: Web, Mobile) - Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2022 - 2030. Global Cloud Kitchen Market 2022-2027 Analysis and Segmentation: Competitive Landscape: . 10.5 Threats 14.3.5.3 Financials 9.4.2.2 Market Forecast Figure 71: Brazil: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 The independent cloud kitchen model - Single brand, single kitchen, no storefront. 12.5 Threat of New Entrants 9.3.7.2 Market Forecast Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours . The competitive landscape of the industry has also been examined along with the profiles of the key players being CloudKitchens, DoorDash Inc., Kitchen United, Kitopi, Lightspeed Commerce Inc., PAR Technology Corporation, POSist Technologies Pvt. Region Wise the global trend is analyzed across : This Cloud Kitchen Market Research/Analysis Report Contains Answers to your following Questions. . The research divides the global Cloud Kitchen market into different segments of the global market based on types, application, key players, and leading regions. This holds true in the Cloud Kitchen space, whose cost structure is highly dependent on labor cost given that fixed cost generated from physical storefront like rent no longer poses a problem. The global cloud kitchen market size was valued at USD 51.96 billion in 2020 and is expected to expand at a compound annual growth rate(CAGR) of 12.4% from 2021 to 2028. 6.1 Independent Cloud Kitchen Get a Sample PDF of report -https://www.360researchreports.com/enquiry/request-sample/19891693. Its Data, Not Reality: On Situated Data With Jill Walker Rettberg, How we added RNN to our Time Series SkillsIn 3 Steps. Cloud analytics is the process of storing and analyzing data in the cloud and using it to extract actionable business insights. 7.3.2 Market Forecast A cloud kitchen is a takeaway outlet that does not provide a dine-in facility. Figure 36: Asia-Pacific: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 The Qualitative Analysis Of Cloud Kitchen Emerging As A Viable Food & Beverage (F&B) Alternative Post COVID-19. 14.3.4 Kitopi 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. Independent cloud kitchens primarily target consumers that prefer a single cuisine type and largely depend on third-party channels for delivery. 2 Scope and Methodology A cloud kitchen's labor force consists of head chefs, sous chefs, dishwashers, managers, and delivery drivers. 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. The India cloud kitchen market is expected to exhibit a CAGR of 15.45% during 2022-2027. A cloud kitchen utilizes a commercial kitchen for the purpose of preparing food for delivery or takeout only, with no dine-in customers. 8.2.1 Market Trends 12.6 Threat of Substitutes Get detailed insights regarding the impact of COVID-19 on the market. 9.5.3 Market Forecast An integrated Kitchen Display System (KDS) will optimize order preparation time. 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 GMV . 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. Abstract:- Cloud Kitchen is a business space accessible to create food, explicitly for orders or conveyance of the clients. 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. The report comprises an analysis of leading market players, the . Ltd. 9 Market Breakup by Region The concept of a cloud kitchen is simple. 8.1.2 Market Forecast Figure 37: Asia-Pacific: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 6.3.2 Market Forecast Market Analysis and Insights: Global Cloud Kitchen Market . Data Analysis in the Cloud introduces and discusses models, methods, techniques, and systems to analyze the large number of digital data sources available on the Internet using the computing and storage facilities of the cloud. 12.2 Bargaining Power of Buyers 14.2 Key Players Figure 42: India: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 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. Figure 30: North America: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 . Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. The increasing consumer preference for international cuisines, fast foods, and online ordering is expected to drive the growth of the segment. Explore purchase options. You can consider using a typical food delivery app funnel (i.e. This cloud kitchen model is for businesses that offer different types of cuisines. A cloud kitchen is a . Some well-known cloud-kitchens are Swiggy Access, Kitopi, DoorDash, etc. 6. 14.3.6 PAR Technology Corporation Cloud kitchen management software is a complete, versatile, and dynamic management software that any kind of restaurant can use anywhere. Advancements in technology are also helping restaurateurs to operate more efficiently and increase their profit margins. Published Date: March 1, 2020. 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. Kindly contact us for the actual market size and trends. 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. Published by Sandhya Keelery , Mar 29, 2022. 14.3.6.2 Product Portfolio Addition or alteration to country, regional & segment scope. The biggest cloud kitchen operator in the US has a data science team dedicated to achieve operational excellence. 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