India is been food cherishing nation and Indian food reflects mix of different . Due to the coronavirus disease (COVID-19) crisis, governing agencies of numerous countries have restricted dine-in services in restaurants and other commercial food establishments. 9.4.2 Mexico One Business, Multiple Brands, Single Kitchen Model. Which region is dominating the Cloud Kitchen market growth? The global Cloud Kitchen market size is projected to reach USD 151800 million by 2028, from USD 90360 million in 2021, at a CAGR of 7.6% during 2022-2028. The product is mainly used in workplaces and household fields, with a share of 61% and 26%. 9.3.5.2 Market Forecast 7.5 Mexican and Asian Food Figure 37: Asia-Pacific: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 Restaurants like Faasos, Box8, Innerchef, Freshmenu, Kabuliwala and Holachef are also exploring the concept of . 10.4 Opportunities North America is expected to register a CAGR of around 10% over the forecast period. The MarketWatch News Department was not involved in the creation of this content. Players, stakeholders, and other participants in the global Cloud Kitchen market will be able to gain the upper hand as they use the report as a powerful resource. The menu can also be adapted to suit demand and increase margins, optimizing the model over time. As known as ghost kitchens, shadow kitchens, virtual kitchens and dark kitchens, Cloud Kitchen is a restaurant with an online presence but no storefront (dine-in facilities). 12.2 Bargaining Power of Buyers Figure 21: Global: Cloud Kitchen (Seafood) Market Forecast: Sales Value (in Million US$), 2022-2027 Based on Type, the market can be classified intoMulti-brand Cloud Kitchen, Independent Cloud Kitchen, Hybrid Cloud Kitchen, Others. These insights are included in the report as a major market contributor. 9.2.7.2 Market Forecast 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. 5. Apart from Rebel Foods, many other Indian . 1. Explore purchase options. At REEF, we pay extra attention to overtime rate, and this is metric you should emphasize on as well. Ltd. Published Date: March 1, 2020. Pay attention to the metric if it gives you a low number, which indicates supply problems instead of demand problems. IMARC offers market research reports and consulting services to clients consisting of, but not limited to, SMEs and Fortune 500 companies. Increasing consumer preference for online food services over dining experiences is one of the major factors contributing to the market growth. Experts predict the food delivery service market to grow from $107.44 billion in 2019 to $111.32 billion in 2020, to $154.34 billion in 2023 a 43.6% increase in only four years. Figure 63: Spain: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 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). Should I ask his son for his share? Table 6: Global: Cloud Kitchen Market: Competitive Structure Figure 73: Mexico: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 Continually increasing customer preference for online food services over dining experiences and increasing incentives and government schemes regarding online food delivery are the few . Choosing the right rental space. 14.3.7 POSist Technologies Pvt. Similar to on-premises data analytics, cloud analytics algorithms are applied to large data collections to identify patterns, predict future outcomes and produce other information useful . Which region accounted for the highest cloud kitchen market share. 9.3.3.1 Market Trends Global cloud kitchen market was valued at USD 700 Million in 2018 and is expected to grow at a CAGR of 17.25% through the forecast period (2017-2030). A good proxy for supply can be #orders. Data analytics can be powerful in improving Cloud Kitchens business performance. Figure 18: Global: Cloud Kitchen (Chicken) Market: Sales Value (in Million US$), 2016 & 2021 9.3.6 Russia It enables you to gather your business data and information and creates predictability for . Big cloud kitchen data analysis with cost savings when moving to the scalability of operations has to focus on ambiance,,. 7.2.1 Market Trends Figure 22: Global: Cloud Kitchen (Mexican and Asian Food) Market: Sales Value (in Million US$), 2016 & 2021 This is the original cloud kitchen model. 9.2.3.1 Market Trends Cloud kitchens pride themselves on the reduced budget required to set one up. 7.4.1 Market Trends Figure 27: Global: Cloud Kitchen (Franchised) Market Forecast: Sales Value (in Million US$), 2022-2027 Kitchen - Real-time alert of deviations from original order. 9.2.6.2 Market Forecast The growing number of franchised restaurants across the globe is driving the growth of the segment over the forecast period. Restaurants are increasingly renting out their kitchen spaces to different food service providers as an additional source of income. What is the expected growth rate of the global cloud kitchen market during 2022-2027? Table 4: Global: Cloud Kitchen Market Forecast: Breakup by Nature (in Million US$), 2022-2027 14.3.3.1 Company Overview . 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. 9.3.7.1 Market Trends 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. Excel is powerful tool for data analysis. Jain (Deemed-to-be-University), Bangalore, Karnataka, INDIA. 3 Executive Summary 9.5 Middle East and Africa 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. The trend is expected to continue over the forecast period, thanks to the rising number of standalone brands serving customers from a single location. According to an analysis by Redseer, the cloud kitchen market size is expected to reach $2 billion in the next couple of years. You scrolled through a dozen options before deciding on one of those restaurants. This is where data analytics comes into play. Technavio's SUBSCRIPTION platform The global cloud kitchen market size reached US$ 56.71 Billion in 2021. The popularity of international cuisines and tailored foods among consumers is encouraging operators to invest in popular brands. Seafood, Mexican/Asian Food, Others; By Deployment Types: Web, Mobile) - Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2022 - 2030. Copyright 2023 MarketWatch, Inc. All rights reserved. Get detailed insights regarding the impact of COVID-19 on the market. Our aim is to provide the best solution that matches the exact customer requirements. Cloud analytics is the process of storing and analyzing data in the cloud and using it to extract actionable business insights. 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 Model can be . Figure 8: Global: Cloud Kitchen (Independent Cloud Kitchen) Market: Sales Value (in Million US$), 2016 & 2021 Figure 78: Middle East and Africa: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 Based on the type, the global cloud kitchen market can be segmented into independent cloud kitchen, commissary/shared kitchen, and kitchen pods. 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. Data analytics helps Cloud Kitchen in a sense that it solves the business problem at a large scale and at a faster speed. Figure 72: Mexico: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 b. Figure 13: Global: Cloud Kitchen (Kitchen Pods) Market Forecast: Sales Value (in Million US$), 2022-2027 This cloud kitchen model is for businesses that offer different types of cuisines. 5.3 Impact of COVID-19 2.3 Allows You To Run Restaurants On A Single Cloud Kitchen. Free trial, before you make a purchase decision. I ruined my familys finances by withdrawing from my 401(k) to buy a house and I regret it. Global Cloud Kitchen Scope and Market Size. 9.3 Europe 9.4.1 Brazil Too known as virtual kitchen, shared kitchen, phantom kitchen, satellite kitchen. Figure 28: Global: Cloud Kitchen (Standalone) Market: Sales Value (in Million US$), 2016 & 2021 14.3.8.2 Product Portfolio 14.3.5 Lightspeed Commerce Inc. Ltd., Rebel Foods, Starbucks Coffee Company, Swiggy, and Toast Inc. Pizza Market by Type (Non-vegetarian Pizza, Vegetarian Pizza), Crust Type (Thick Crust, Thin Crust, Stuffed Crust), Distribution Channel (Quick Service Restaurants (QSR), Full-Service Restaurants (FSR), and Others), and Region 2023-2028, White Wine Market by Product Type (Riesling, Gewrztraminer, Chardonnay, Sauvignon Blanc, Chenin Blanc, Grner Veltliner, Moscato, Pinot Grigio, and Others), Body Type (Light Bodied, Medium Bodied, Full-Bodied), Sweetness Level (Dry, Semi-Sweet, Sweet), Sales Channel (Modern Trade, Grocery Store, Convenience Stores, E-Commerce, and Others), and Region - 2023-2028, Hemp Milk Market by Variant (Flavored, Unflavored), Type (Sweetened, Unsweetened), Category (Organic, Conventional), Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Specialty Stores, Online Stores), and Region - 2023-2028, Rapeseed Oil Market by Type (Processed, Virgin), Nature (Organic, Conventional), Distribution Channel (Supermarkets and Hypermarkets, Online Stores, Specialty Stores, Retail Stores, and Others), Application (Food Processing, Bio-Fuel, Cosmetics and Personal Care, and Others), and Region - 2023-2028, Modified Starch Market by Raw Material (Corn, Cassava, Wheat, Potato, and Others), Type (Starch Esters and Ethers, Resistant, Cationic, Pre-gelatinized, and Others), Function (Thickeners, Stabilizers, Binders, Emulsifiers, and Others), Application (Food and Beverages, Animal Feed, Paper, Pharmaceuticals, Textiles, and Others), and Region 2023-2028, ( US: +1-631-791-1145 ) What are the factors driving the cloud kitchen market? Aussie technical support and expertise backed by over 30 years of experience, industry knowledge, training and ongoing commitment to our customers. 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. 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. 14.3.9.2 Product Portfolio Figure 12: Global: Cloud Kitchen (Kitchen Pods) Market: Sales Value (in Million US$), 2016 & 2021 Figure 29: Global: Cloud Kitchen (Standalone) Market Forecast: Sales Value (in Million US$), 2022-2027 6.1.1 Market Trends 9.4.3.2 Market Forecast Microsoft confirms plans to lay off about 10,000 workers as tech companies cut back. Figure 52: Europe: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 The best part is that a company can customize its restaurant management software . 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. 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. 9.3.3.2 Market Forecast Kindly contact us for the actual market size and trends. Individual ghost kitchens with their online ordering solutions are also witnessing increased adoption. 2.2 Stakeholders In addition, high startup costs and burdensome regulations associated with conventional food business models are augmenting the adoption of cloud kitchens to reduce extensive resources and optimize the delivery experience. 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. This drives us to provide you with custom or syndicated research reports. 10.1 Overview My brother died 10 months later. This also helps in reducing food wastage. Table 7: Global: Cloud Kitchen Market: Key Players, Note: We value your privacy and will never rent or sell your email address. online dashboard trial. Figure 44: South Korea: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 Polaris Market Research has come up with a new extensive report titled Cloud Kitchen Market 2023: By Types, Applications, Size, Share, Key Players & Regions Forecast Analysis till 2032 that offers detailed information that enhances this report's knowledge, scope, and utilization. Figure 75: Others: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 The Model can be used for creating a business plan for any size of the business by using a combination of revenue from: 1. Figure 71: Brazil: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 . The sudden outbreak of the COVID-19 pandemic has led to the rising adoption of cloud kitchen by numerous eateries, owing to the increasing demand for convenient and safe online food delivery services to combat the risk of the coronavirus infection. 14.3.6.2 Product Portfolio Figure 80: Global: Cloud Kitchen Industry: Value Chain Analysis Restaurant owners or food business entrants sidestepping high rents and real estate costs by shedding the front-of-house. Table 1: Global: Cloud Kitchen Market: Key Industry Highlights, 2021 and 2027 9.4.1.2 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. 14.3.11.1 Company Overview 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. 6.3.1 Market Trends Get the full research here. Figure 6: Global: Cloud Kitchen Market: Breakup by Nature (in %), 2021 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. Training and ongoing commitment to our customers Brands, Single kitchen Model which region accounted for the highest kitchen... 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