9.3.6.2 Market Forecast However, in terms of the number of companies, Zomato appears to be in serious trouble! Free business intelligence platform with subscription, 4. 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. Anyway, this brings us to the concept of Cloud Kitchen. If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Furthermore, an efficient cloud kitchen incorporates data analysis and supply chain management to generate forecasts and projections, decreasing food waste and stock out. Zomato - The Cloud Kitchen. The major players are: REEF Technology, CloudKitchens, Kitchen United, Virtual Kitchen Co and DoorDash Kitchens. 14.3.4.1 Company Overview 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. Visit a quote page and your recently viewed tickers will be displayed here. Big cloud kitchen data analysis with cost savings when moving to the scalability of operations has to focus on ambiance,,. Individual ghost kitchens with their online ordering solutions are also witnessing increased adoption. 7.1.2 Market Forecast What are the key regions in the global cloud kitchen market? Report Overview. In our online delivery report we found that, 67% of restaurants would prefer opening a cloud-kitchen over a dine-in as their next outlet. 8. Anomaly detection in Tweets: Clustering & Proximity based approach. COVID-19 The pandemic continues to cause unprecedented disruption across industries worldwide. Data Analytics in Cloud Kitchen. Our team of skilled analysts focuses on understanding the requirements of our clients so as to provide insights best suited to their unique needs. Figure 73: Mexico: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 The independent cloud kitchen segment held the largest revenue share in 2020, accounting for around 60% of the overall market. The research divides the global Cloud Kitchen market into different segments of the global market based on types, application, key players, and leading regions. Contact the source provider Comtex at editorial@comtex.com. 7.3.2 Market Forecast Why overtime rate? Table 5: Global: Cloud Kitchen Market Forecast: Breakup by Region (in Million US$), 2022-2027 14.3.7 POSist Technologies Pvt. Include important information such as your objective, the inspiration for your firm, the company's initial and future plans, and so on. 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 . Besides this, it also helps them focus on marketing, minimizing administrative hassle and logistics, and reaching a larger audience. enhance our services. Im now clean and sober: My late father left me 25% of his estate, and my wealthy brother 75%. 9.3.2 France Which region is dominating the Cloud Kitchen market growth? There are analytics tools, such as locale.ai that help you consolidate this information. Figure 57: France: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 IMARC offers market research reports and consulting services to clients consisting of, but not limited to, SMEs and Fortune 500 companies. An integrated Kitchen Display System (KDS) will optimize order preparation time. 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. 14.3.4.2 Product Portfolio To get more information on the regional analysis of this market, Request Sample. 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. 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. 9.2.7.2 Market Forecast What was the size of the global cloud kitchen market in 2021? Here we'll be using sample dummy data on cloud kitchen to do data analysis in Excel. Source. The global cloud kitchen market was valued at $29.4 billion in 2020, and is projected to reach $112.7 billion by 2030, growing at a CAGR of 13.12% from 2021 to 2030. Find the highest rated Cloud Kitchen Management software pricing, reviews, free demos, trials, and more. Figure 76: Middle East and Africa: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 The services segment is anticipated to have the fastest growth rate of 23.54% of the global cloud kitchen in 2018. Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Cloud Kitchen market. Addition or alteration to country, regional & segment scope. 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. Figure 9: Global: Cloud Kitchen (Independent Cloud Kitchen) Market Forecast: Sales Value (in Million US$), 2022-2027 Figure 36: Asia-Pacific: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 Figure 43: India: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 Figure 28: Global: Cloud Kitchen (Standalone) Market: Sales Value (in Million US$), 2016 & 2021 4.1 Overview Which type segment led the cloud kitchen market? Based on Type, the market can be classified intoMulti-brand Cloud Kitchen, Independent Cloud Kitchen, Hybrid Cloud Kitchen, Others. Figure 75: Others: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 9. Who are the key players/companies in the global cloud kitchen market? Attractive Opportunities In the Cloud Kitchen Market: The Global Cloud Kitchen market is anticipated to rise at a considerable rate during the forecast period, between 2023 and 2028. Based on the type, the global cloud kitchen market can be segmented into independent cloud kitchen, commissary/shared kitchen, and kitchen pods. 9.3.4.2 Market Forecast List of Figures Jain (Deemed-to-be-University), Bangalore, Karnataka, INDIA. A cloud kitchen utilizes a commercial kitchen for the purpose of preparing food for delivery or takeout only, with no dine-in customers. b. 9.3.7 Others 9.5.1 Market Trends While the growth of Global Cloud Kitchen Market is currently hindered by; Increase in health issues due to consumption of fast food and Competition from fine dining and quick service restaurant (QSRs). The franchised segment dominated the cloud kitchen market in 2020, accounting for more than 60% of the revenue share. Use of Workplaces, Household, Schools, Others and in multiple sectors has led to significant growth in demand for Cloud Kitchen in the market. Restaurant owners or food business entrants sidestepping high rents and real estate costs by shedding the front-of-house. Key factors that are driving the cloud kitchen market growth include increasing consumer preference for online food services over dining experiences and the increased profit margin of the virtual kitchen business in comparison to dining restaurants. The set-up cost for a medium-sized cloud kitchen falls around Rs 5 lakh. Figure 2: Global: Cloud Kitchen Market: Sales Value (in Billion US$), 2016-2021 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. 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. 2.2 Stakeholders 6. Do Twitter Opinions Lead to Great Stock Returns? ( UK: +44-753-713-2163 ) Continually increasing customer preference for online food services over dining experiences and increasing incentives and government schemes regarding online food delivery are the few . Rising disposable incomes and the increased adoption of smartphone applications among millennials are key factors leading to the rise in online food delivery services. 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. Figure 45: South Korea: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. 6.3.1 Market Trends This website is secure and your personal details are safe. Asia Pacific, Europe, North America, Latin America, Middle East and Africa, United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico. The market include Asia-Pacific, North America and Europe, with a share of 58%, 23% and 12%. However, choosing the right rental space, that is, ensuring that there is proper sanitation, water supply and maintenance is very crucial. What is the breakup of the global cloud kitchen market based on the nature? The global cloud kitchen market is expected to grow at a compound annual growth rate of 12.4% from 2021 to 2028 to reach USD 139.37 billion by 2028. b. Figure 19: Global: Cloud Kitchen (Chicken) Market Forecast: Sales Value (in Million US$), 2022-2027 14.3.3.2 Product Portfolio This is expected to drive the growth of the segment over the forecast period. The growth accelerated due to more and more people starting to go online, and it allowed these kitchens to rapidly expand their footprints along with digital food ordering options. The Qualitative Analysis Of Cloud Kitchen Emerging As A Viable Food & Beverage (F&B) Alternative Post COVID-19. 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