Privacy policy. 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. Advancements in technology are also helping restaurateurs to operate more efficiently and increase their profit margins. Remember the last time you order your food from your favorite delivery app? A cloud kitchen is a takeaway outlet that does not provide a dine-in facility. Do Twitter Opinions Lead to Great Stock Returns? 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. Here's a quick idea on what a cloud, (dark, ghost or virtual) Kitchen is. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2017-2028. Figure 19: Global: Cloud Kitchen (Chicken) Market Forecast: Sales Value (in Million US$), 2022-2027 The global Cloud Kitchen market size is projected to reach USD 151800 million by 2028, from USD 90360 million in 2021, at a CAGR of 7.6% during 2022-2028. 14.3.7 POSist Technologies Pvt. However, on establishing as a brand, the increase in affluent customers demanding quality food delivery services is encouraging restaurateurs to opt for standalone kitchens. As a new business sector that comes from the intersection between technology and the restaurant industry, it highly relies on data analytics to forecast demand, optimize supply and improve operations. The popularity of cloud kitchens is more prominent in the Asia Pacific region, which accounted for more than 60% of the global market in 2020. Figure 10: Global: Cloud Kitchen (Commissary/Shared Kitchen) Market: Sales Value (in Million US$), 2016 & 2021 You can consider using a typical food delivery app funnel (i.e. 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. They cover three aspects: demand, supply and operation. Cloud kitchen model also reduced the cost of starting up a food brand, and many first-time restaurateurs embraced the model. 7.5.2 Market Forecast 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. They continue to climb. You can now earn upwards of 4% on a savings account. 7.2.1 Market Trends Jain (Deemed-to-be-University), Bangalore, Karnataka, INDIA. Figure 2: Global: Cloud Kitchen Market: Sales Value (in Billion US$), 2016-2021 Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours . 9.2.4.2 Market Forecast b. "Cloud Kitchen. 9.4.2.2 Market Forecast . 9.2.4.1 Market Trends A restaurant with no seating space and no physical store. 8.1 Franchised 6.3.2 Market Forecast Figure 45: South Korea: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 Figure 58: United Kingdom: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 Food entrepreneurs and operators that test new offerings and offer creative foods prefer ghost kitchens to test and identify foods before presenting them to guests or consumers. The growing number of franchised restaurants across the globe is driving the growth of the segment over the forecast period. The commissary/shared kitchen segment is expected to register a CAGR exceeding 13.0% over the forecast period. The concept of a cloud kitchen is simple. Recognizing the full potential of the market, several food aggregators are investing in such kitchens and introducing several brands as their private labels. 70% of the average restaurants monthly revenue decrease, and staff focuses on. A dedicated online ordering solution drives consumers directly to the business and reduces aggregators commission, which could account for anywhere around one-fifth of the overall cloud kitchen costs. Cloud kitchens, also known as ghost kitchens or virtual kitchens, refer to the delivery-only kitchens. At REEF, we pay extra attention to overtime rate, and this is metric you should emphasize on as well. 14.3.6 PAR Technology Corporation Our support available to help you 24 hours a day, five days a week. Press release - Acumen Research and Consulting - Cloud Kitchen Market Size, Share, Statistics, Trends, Competitive analysis, Regional Growth from 2022 to 2030 - published on openPR.com 14.3.6.1 Company Overview 5.1 Market Overview Figure 54: Germany: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 14.3.7.2 Product Portfolio As soon as the order is received, it gets updated in the KDS. You scrolled through a dozen options before deciding on one of those restaurants. An integrated Kitchen Display System (KDS) will optimize order preparation time. 9.5.1 Market Trends 2.4.1 Bottom-Up Approach 14 Sep, 2022, 03.26 PM IST. 9.2 Asia-Pacific Use of Workplaces, Household, Schools, Others and in multiple sectors has led to significant growth in demand for Cloud Kitchen in the market. Technavio's SUBSCRIPTION platform 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. Figure 64: Russia: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 14.3.4.2 Product Portfolio Get the full research here. 9.3.4 Italy Figure 68: Latin America: Cloud Kitchen Market: Sales Value (in Million US$), 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. 9.4.1.2 Market Forecast 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 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 . multi-brand cloud kitchen accounted for 55% and hybrid cloud kitchen accounted for 20%. 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). Kindly contact us for the actual market size and trends. 9.2.1 China enhance our services. What are the key driving factors for the growth of the Cloud Kitchen Market? 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 . On the other hand, stationary restaurants also use separate cloud kitchens to enable more efficient delivery. Figure 5: Global: Cloud Kitchen Market: Breakup by Product Type (in %), 2021 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. The franchised segment dominated the cloud kitchen market in 2020, accounting for more than 60% of the revenue share. Furthermore, ghost kitchens allow businesses the opportunity to serve customers directly without the pressure of additional costs and the constantly rising real-estate prices. . Figure 18: Global: Cloud Kitchen (Chicken) Market: Sales Value (in Million US$), 2016 & 2021 Kitchen - Real-time alert of deviations from original order. The popularity of cloud kitchens is more prominent in the Asia Pacific region, which accounted for more than 60% of the global market in 2020. IMARC Group provides an analysis of the key trends in each sub-segment of the global cloud kitchen market, along with forecasts at the global, regional and country level from 2022-2027. 9.3.1.2 Market Forecast Figure 41: Japan: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 As a part of the model, the company offers a free real-estate infrastructure to restaurants and charges them based on a revenue-sharing model. What has been the impact of COVID-19 on the global cloud kitchen market? This growth can be attributed to the minimum investment involved, ensuring complete control over kitchen operations. 7.3.2 Market Forecast 5. Kitchen United, Kitopi, Lightspeed Commerce Inc., PAR Technology Corporation, POSist Technologies 14.3.6.2 Product Portfolio Figure 17: Global: Cloud Kitchen (Pizza and Pasta) Market Forecast: Sales Value (in Million US$), 2022-2027 Based on Type, the market can be classified intoMulti-brand Cloud Kitchen, Independent Cloud Kitchen, Hybrid Cloud Kitchen, Others. With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Cloud Kitchen market to help players in achieving a strong market position. 11 Value Chain Analysis Explore purchase options. IMARC offers market research reports and consulting services to clients consisting of, but not limited to, SMEs and Fortune 500 companies. A good proxy for supply can be #orders. 2.1 Better Delivery Efficiency. 9 Market Breakup by Region Additionally, the demand for online food delivery services increased during the COVID-19 pandemic when dine-in restaurants were closed, which led to the establishment of several cloud kitchens in the region, resulting in regional market growth. No purchase commitment. 8.1.1 Market Trends For entrepreneurs, big Cloud Kitchen operators like REEF provide them a better reach and can even help them expand their business nationwide with a minimum amount of capital investment. 2.4 Scale Your Business More Affordably. 9.3.3.1 Market Trends Aussie technical support and expertise backed by over 30 years of experience, industry knowledge, training and ongoing commitment to our customers. 9.3.6.2 Market Forecast Figure 14: Global: Cloud Kitchen (Burger and Sandwich) Market: Sales Value (in Million US$), 2016 & 2021 Please fill out the form below for a free PDF report sample & Figure 8: Global: Cloud Kitchen (Independent Cloud Kitchen) Market: Sales Value (in Million US$), 2016 & 2021 Heres where. Because they are designed with tech in mind, cloud kitchens can optimize processes, ordering, and staff scheduling based on consumer behavior. Region Wise the global trend is analyzed across : This Cloud Kitchen Market Research/Analysis Report Contains Answers to your following Questions. This can also be attributed to the increasing utilization of smartphones, easy access to high-speed internet and a vast catalogue. 2.3 Data Sources 2. 9.2.5.1 Market Trends The 6 Cloud Kitchen Business Models. Market Overview: The global cloud kitchen market size reached US$ 56.71 Billion in 2021. The COVID-19 pandemic brought several challenges before the food industry. 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. ( UK: +44-753-713-2163 ) 9.2.5 Australia Get detailed insights regarding the impact of COVID-19 on the market. See for yourself. The early adopters in the market are expected to capitalize on market opportunities by expanding stores across regions and economies. 7.3.1 Market Trends Servers, cashiers, hosts, and front. The rising demand for online food delivery services has encouraged several restaurateurs have opened cloud kitchen outlets to serve customers and generate orders. Figure 13: Global: Cloud Kitchen (Kitchen Pods) Market Forecast: Sales Value (in Million US$), 2022-2027 What is the expected growth rate of the global cloud kitchen market during 2022-2027? Figure 6: Global: Cloud Kitchen Market: Breakup by Nature (in %), 2021 Some of the major players in the global cloud kitchen market include CloudKitchens, DoorDash Inc., . By looking at the past 5 years data of USD to INR we see that from January 2018 there has been a significant deprecation in rupee and since mid-2020s rupee kept being quite volatile. Excel is powerful tool for data analysis. 9.3.5.2 Market Forecast 9.2.7.2 Market Forecast 4. The MarketWatch News Department was not involved in the creation of this content. The independent cloud kitchen model - Single brand, single kitchen, no storefront. 7.6.2 Market Forecast Contact the source provider Comtex at editorial@comtex.com. 14.3.3 Kitchen United Figure 74: Others: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 Figure 7: Global: Cloud Kitchen Market: Breakup by Region (in %), 2021 Free business intelligence platform with subscription, 4. This Cloud Kitchen business Plan Model is a perfect tool for a financial feasibility study on launching a food joint. 7 Market Breakup by Product Type 2.4.2 Top-Down Approach 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. 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. 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. This cloud kitchen model is for businesses that offer different types of cuisines. 14.3.10.2 Product Portfolio Figure 66: Others: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 Figure 65: Russia: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 A variety of methodologies and analyses are used in the research to ensure accurate and comprehensive information about the Cloud Kitchen Market. Figure 53: Europe: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 Continually increasing customer preference for online food services over dining experiences and increasing incentives and government schemes regarding online food delivery are the few . Figure 62: Spain: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 14.3.8.1 Company Overview 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. 9.3.7 Others 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. 4.2 Key Industry Trends Figure 48: Indonesia: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 14.3.11.1 Company Overview Another proxy for demand can be ads click-through-rate (CTR). This is the original cloud kitchen model. By calculating the proportion of conversions over the search and clicks, we can see how we are responding to users needs. 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. 14.3.9.1 Company Overview Profit margins are usually in the range of 10-15 percent as opposed to 5-10 percent as compared to restaurants," informs Dahiya. The report covers growth-driving factors and opportunities . 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. Free upgrade to enterprise license (allows to share across all company locations), 5. The most important role in the advent of cloud kitchens has been played by food aggregators. Anyway, this brings us to the concept of Cloud Kitchen. India is been food cherishing nation and Indian food reflects mix of different . Data analytics can be powerful in improving Cloud Kitchen's business performance. According to an analysis by Redseer, the cloud kitchen market size is expected to reach $2 billion in the next couple of years. Major players in the cloud kitchen market are Kitchen United, Rebel Foods, DoorDash Kitchens, Ghost Kitchen Orlando, Toast Inc, Posist Technologies, Kitopi Catering Services LLC, Farm to Fork . For this study, Grand View Research has segmented the global cloud kitchen market report based on type, nature, and region: Type Outlook (Revenue, USD Million, 2017 - 2028), Nature Outlook (Revenue, USD Million, 2017 - 2028), Regional Outlook (Revenue, USD Million, 2017 - 2028). Brands that use cloud kitchens can also run a virtual restaurant or a brick-and-mortar restaurant. "Setting up a cloud kitchen typically requires 1/3rd of the investment required to set up a restaurant on account of lower rental costs. Apart from your own site/app, you can also consider geo-spatial data, spotting locations where a lot of latent demand already in terms of food delivery app installs, searches, and orders places. A Qualitative Research Study accomplished by Polaris Market Research database of "Cloud Kitchen Market" with 100+ market data Tables, Pie Charts, Graphs & Figures spread through Pages and easy-to-understand detailed analysis. 9.2.3.1 Market Trends Figure 78: Middle East and Africa: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 Page 360In an IoT environment, vital data are colinformation is implemented on a call company acquired Holachef,. 14.2 Key Players Jan 10, 2023 (The Expresswire) -- Final Report will add the analysis of the impact of Russia-Ukraine War and COVID-19 on this industry. The set-up cost for a medium-sized cloud kitchen falls around Rs 5 lakh. The independent cloud kitchen segment held the largest revenue share in 2020, accounting for around 60% of the overall cloud kitchen market. 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. However, if a Cloud Kitchen is just built, or its under special situations like COVID where the ordering trend and patterns are so different that you cant make sense of it by using the previous models, you can start by considering the metrics from supply and demand side for a good approximation. 9.3.4.2 Market Forecast b. Rise in number of young populations globally, along with changing taste preference of consumers has raised demand for online food delivery. Data courtesy: Cloud Kitchen C. North America is expected to register a CAGR of around 10% over the forecast period. Get a Sample PDF of report -https://www.360researchreports.com/enquiry/request-sample/19891693. 14.3.9.2 Product Portfolio 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 guest experience is crucial. 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. For further information review our Privacy Policy. Cloud Kitchen market is segmented by players, region (country), by Type and by Application. 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