PUNE, Sept. 22, 2022 (GLOBE NEWSWIRE) — The Global Cloud Kitchen Market Size accounted for USD 63.0 Billion in 2021 and is estimated to attain a market measurement of USD 373.4 Billion by 2030 rising at a CAGR of twenty-two% from 2022 to 2030.
Cloud Kitchen Market Report Key Highlights
- Global Cloud Kitchen market worth was USD 63 Billion in 2021 and anticipated to develop at CAGR of twenty-two% from 2022 to 2030
- According to our cloud kitchen business evaluation, India was house to 3500+ cloud kitchens in 2021
- Asia-Pacific cloud kitchen market share will collect round 60% market share in coming years
- North America cloud kitchen market development recorded substantial CAGR throughout the forecast timeframe from 2022 to 2030
- Among nature, franchised sub-segment collected over 59% of the general market share in 2021
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|Market||Cloud Kitchen Market|
|Cloud Kitchen Market Size 2021||USD 63.0 Billion|
|Cloud Kitchen Market Forecast 2030||USD 373.4 Billion|
|Cloud Kitchen Market CAGR During 2022 – 2030||22.0%|
|Cloud Kitchen Market Analysis Period||2018 – 2030|
|Cloud Kitchen Market Base Year||2021|
|Cloud Kitchen Market Forecast Data||2022 – 2030|
|Segments Covered||By Type, By Product Type, By Nature, And By Geography|
|Cloud Kitchen Market Regional Scope||North America, Europe, Asia Pacific, Latin America, and Middle East & Africa|
|Key Companies Profiled||Cloud Kitchen, Dahmakan, DoorDash Kitchens, Ghost Kitchen Orlando, Keatz, Kitchen United, Kitopi, Rebel Foods, Starbucks (Star Kitchen), and Zuul Kitchen|
|Report Coverage||Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis|
Cloud Kitchen Market Dynamics
The international cloud kitchen market is projected to expertise potential development over the forecast interval from 2022 to 2030. The growing demand for on-line supply of meals & drinks lately is primarily driving the market development. The Covid-19 pandemic has additionally accelerated the demand for on-line meals supply as a result of lockdowns and the danger of spreading viruses have hampered visits to offline eating places. Additionally, the fee effectivity related to cloud kitchens is additional bolstering the market development.
Some of the Key Observations Regarding Cloud Kitchen Industry Include
- Rebel Foods intends to broaden its third-party collaborations with restaurant chains. The strategic transfer is meant to gasoline cloud kitchen for its personal gourmand manufacturers similar to Faasos, Behrouz Biryani, Mandarin Oak, and Oven Story, which function in over 320 areas. Under the Rebel Launcher Program, Rebel Foods additionally outsources its kitchen to different manufacturers. Mad Over Donuts, Natural’s Ice Cream, Wendy’s, and Anand Sweets are among the many 15 restaurant chains with which the corporate collaborates.
- Kitopi, a Dubai-based cloud kitchen platform firm, is in search of $150 million to $200 million in funding to broaden its presence in Southeast Asia. Kitopi has suspended operations within the UK and the US as a result of Covid-19 pandemic and is trying ahead to increasing its cloud kitchen within the Middle East and Asia. Furthermore, the corporate, which is headquartered in Dubai, operates roughly 60 kitchens.
- Kitch, a cloud kitchen operator, has introduced a partnership with the Lebanese restaurant chain Barbar to broaden its operations throughout the GCC in 2021. As a part of the franchise contract, the primary Barbar restaurant will open in Dubai, adopted by seven extra within the UAE and twenty in Saudi Arabia. In addition, Kitch plans to open two Barbar eating places in Qatar by the top of 2022.
- Kouzina, a Bangalore-based firm, will have a good time 7 years in business in March 2021. It grew from a single model single kitchen in 2013 to greater than 40 multibrand cloud kitchens in 7 cities throughout India. In the final seven years, the corporate has grown steadily. Kouzina supplies a digitally powered platform for meals supply from a community of hyperlocal cloud kitchens.
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Cloud Kitchen Market Segmentation
The international cloud kitchen market is assessed by kind, product kind, nature, and geography. The market is split into three varieties: unbiased cloud kitchens, commissary/shared kitchens, and kitchen pods. Market segments by product kind embrace burger/sandwich, pizza/pasta, hen, seafood, Mexican/Asian meals, and others. The cloud kitchen market is studied throughout standalone and franchised cloud kitchens by nature.
The franchised section leads the market with the best income share (%) and is predicted to keep up its dominance with potential development over the forecast interval. The rising pattern of franchised shops all over the world, significantly in creating economies, is growing the regional market worth.
Cloud Kitchen Market Regional Outlook
North America, Asia-Pacific, Europe, Latin America, and the Middle East and Africa comprise the worldwide Cloud Kitchen business (MEA). Asia Pacific is experiencing potential development within the cloud kitchen market, with a double-digit CAGR (%), and the area can also be anticipated to steer the market from 2022 to 2030. The area’s main economies, together with Japan, China, and India, contribute considerably to the regional market worth. The area’s market development is being aided by the area’s continuously creating economies and residents’ rising buying energy. The growing working inhabitants in creating economies is driving an exponential improve in demand for on-line meals supply, propelling the regional market worth.
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Cloud Kitchen Market Players
Some of the main cloud kitchen corporations working within the business embrace Cloud Kitchen, Dahmakan, Ghost Kitchen Orlando, DoorDash Kitchens, Kitopi, Rebel Foods, Keatz, Kitchen United, Starbucks (Star Kitchen), and Zuul Kitchen. The main gamers are increasing their presence in creating economies by way of new collaborations and partnerships within the respective areas.
Questions Answered By This Report
- What was the market measurement of Cloud Kitchen Market in 2021?
- What would be the CAGR of Cloud Kitchen Market throughout the forecast interval from 2022 to 2030?
- Who are the main gamers in Global Cloud Kitchen Market?
- Which area held the most important share in Cloud Kitchen Market in 2021?
- What are the important thing market drivers of Cloud Kitchen Market?
- Who is the most important finish consumer Cloud Kitchen Market?
- What would be the Cloud Kitchen Market worth in 2030?
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