You scrolled through a dozen options before deciding on one of those restaurants. This also helps in reducing food wastage. Figure 29: Global: Cloud Kitchen (Standalone) Market Forecast: Sales Value (in Million US$), 2022-2027 Figure 17: Global: Cloud Kitchen (Pizza and Pasta) Market Forecast: Sales Value (in Million US$), 2022-2027 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. Coverage includes scalable data mining and knowledge discovery techniques together with cloud computing concepts . Pay attention to the metric if it gives you a low number, which indicates supply problems instead of demand problems. What is the breakup of the global cloud kitchen market based on the nature? This growth can be attributed to the minimum investment involved, ensuring complete control over kitchen operations. Jain (Deemed-to-be-University), Bangalore, Karnataka, INDIA. 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. Cloud Kitchen market is segmented by players, region (country), by Type and by Application. Get the full research here. Cloud Kitchen Market Share Analysis Report, 2021-2028. 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. Figure 70: Brazil: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 The sudden outbreak of the COVID-19 pandemic has led to the rising adoption of cloud kitchen by numerous eateries, owing to the increasing demand for convenient and safe online food delivery services to combat the risk of the coronavirus infection. If you are one of the restaurant business owners at the cloud kitchen vessels, or individuals interested in the cloud kitchen space, you would probably want to have a good understanding of the demand in the area and have a relatively accurate sales forecast to plan accordingly. The order process is fully done online, and foods are delivered to you by food delivery businesses. Addition or alteration to country, regional & segment scope. Table 4: Global: Cloud Kitchen Market Forecast: Breakup by Nature (in Million US$), 2022-2027 14.3.10 Swiggy 6. 14.3.5.3 Financials Anomaly detection in Tweets: Clustering & Proximity based approach. 4. 9.3.5.1 Market Trends An integrated Kitchen Display System (KDS) will optimize order preparation time. Cloud kitchens are high-profit, low-risk business ventures for restaurant owners, caterers, food entrepreneurs and other food businesses. 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 independent cloud kitchen segment held the largest revenue share in 2020, accounting for around 60% of the overall cloud kitchen market. 4 Introduction 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. 9.1.1.2 Market Forecast If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Page 360In an IoT environment, vital data are colinformation is implemented on a call company acquired Holachef,. 2.3.2 Secondary Sources 7.2 Pizza and Pasta The research divides the global Cloud Kitchen market into different segments of the global market based on types, application, key players, and leading regions. 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. 6. Figure 76: Middle East and Africa: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 The set-up cost for a medium-sized cloud kitchen falls around Rs 5 lakh. Moreover, hectic life schedule and rise . The Model can be used for creating a business plan for any size of the business by using a combination of revenue from: 1. 7.5 Mexican and Asian Food 14.3.3.2 Product Portfolio 9.3.7.1 Market Trends The report comprises an analysis of leading market players, the . As cloud kitchens work entirely on the delivery-only model, restaurateurs could easily continue their businesses and serve customers efficiently. Rising disposable incomes and the increased adoption of smartphone applications among millennials are key factors leading to the rise in online food delivery services. The India cloud kitchen market is expected to exhibit a CAGR of 15.45% during 2022-2027. Figure 23: Global: Cloud Kitchen (Mexican and Asian Food) Market Forecast: Sales Value (in Million US$), 2022-2027 2.3 Allows You To Run Restaurants On A Single Cloud Kitchen. Figure 30: North America: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 It enables you to gather your business data and information and creates predictability for . 14.1 Market Structure Franklin Junction Kitchen United Nextbite REEF Technology Virturant CloudKitchens Kitopi The Local Culinary Amped Kitchens Fulton Kitchens Just Kitchen Freshlane Panda Selected Keatz Rebel Foods . Complete packing station . Data Analysis in the Cloud introduces and discusses models, methods, techniques, and systems to analyze the large number of digital data sources available on the Internet using the computing and storage facilities of the cloud. Figure 72: Mexico: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 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. 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. Independent cloud kitchens primarily target consumers that prefer a single cuisine type and largely depend on third-party channels for delivery. 2.5 Forecasting Methodology Because they are designed with tech in mind, cloud kitchens can optimize processes, ordering, and staff scheduling based on consumer behavior. Cloud kitchens, also known as ghost kitchens or virtual kitchens, refer to the delivery-only kitchens. Innovative cloud kitchens are displacing home eating and will continue to do so. Figure 62: Spain: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 To get more information on the regional analysis of this market, Request Sample. 9.2.4.2 Market Forecast 9.4 Latin America 9.2.4.1 Market Trends Figure 22: Global: Cloud Kitchen (Mexican and Asian Food) Market: Sales Value (in Million US$), 2016 & 2021 COVID-19 The pandemic continues to cause unprecedented disruption across industries worldwide. 10 SWOT Analysis 9.5 Middle East and Africa 10.1 Overview Choose reports from a database of more than 10,000 reports. 14.3.1 CloudKitchens 14 Sep, 2022, 03.26 PM IST. I ruined my familys finances by withdrawing from my 401(k) to buy a house and I regret it. This research report is the result of an extensive primary and secondary research effort into the Cloud Kitchen market. 6.2.1 Market Trends 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 organization uses Cloud storage like Amazon Redshift to store all the data, which is connected to Tableau, its data visualization tool and Workforce, its scheduling system. Im now clean and sober: My late father left me 25% of his estate, and my wealthy brother 75%. The competition in the market is intensifying with a rise in several individual restaurant operators seeking to enter the food industry with limited investments. For further information review our Privacy Policy. The global cloud kitchen market was valued at $29.4 billion in 2020, and is projected to reach $112.7 billion by 2030, growing at a CAGR of 13.12% from 2021 to 2030. 9.2.5 Australia The global cloud kitchen market size was valued at USD 51.96 billion in 2020 and is expected to expand at a compound annual growth rate(CAGR) of 12.4% from 2021 to 2028. This cloud kitchen market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths . Should I ask his son for his share? Grand View Research is registered in the State of California at Grand View Research, Inc. 201 Spear Street 1100, San Francisco, CA 94105, United States. 9.3.6.1 Market Trends 12 Porters Five Forces Analysis Figure 80: Global: Cloud Kitchen Industry: Value Chain Analysis This is where data analytics comes into play. Free business intelligence platform with subscription, 4. The global Cloud Kitchen market size is projected to reach USD 151800 million by 2028, from USD 90360 million in 2021, at a CAGR of 7.6% during 2022-2028. 9.4.3 Others Figure 38: China: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 From 2018 to 2020 the revenue of the company went from just $ 65 million to $ 368 . 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. Manager total branch data and analysis for a given time frame. 14.3.6.3 Financials 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. 9.3 Europe Figure 71: Brazil: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 By setting the right metrics, conducting descriptive, diagnostic and predictive analysis using analytical tools, one can improve Cloud Kitchen performance in areas like marketing and operation. Who are the key players in the cloud kitchen market? 7.6.1 Market Trends The report examines the existing Industry . enhance our services. In our online delivery report we found that, 67% of restaurants would prefer opening a cloud-kitchen over a dine-in as their next outlet. Figure 31: North America: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 Figure 25: Global: Cloud Kitchen (Other Product Types) Market Forecast: Sales Value (in Million US$), 2022-2027 9.2.2.1 Market Trends The most important role in the advent of cloud kitchens has been played by food aggregators. The popularity of cloud kitchens is more prominent in the Asia Pacific region, which accounted for more than 60% of the global market in 2020. Brands that use cloud kitchens can also run a virtual restaurant or a brick-and-mortar restaurant. What has been the impact of COVID-19 on the global cloud kitchen market? The Cloud Kitchen Market report is a valuable source for the best market and business solutions for the Cloud Kitchen industry in this rapidly altering marketplace. 7.6.2 Market Forecast 14.3.1.2 Product Portfolio Final Report will add the analysis of the impact of Russia-Ukraine War and COVID-19 on this Cloud Kitchen industry. These services charge between 15% and 35% to restaurants as commission. 9.4.2.2 Market Forecast The global cloud kitchen market size was estimated at US$ 57.31 billion in 2021 and is expected to surpass US$ 139.45 billion by 2030, growing at a CAGR of 10.4%. 5.3 Impact of COVID-19 2.1 Objectives of the Study 3 Executive Summary 9.2.7.2 Market Forecast We expect the global cloud kitchen market to exhibit a CAGR of 11.50% during 2022-2027. This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. A restaurant with no seating space and no physical store. 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. 9.3.5.2 Market Forecast Figure 79: Global: Cloud Kitchen Industry: SWOT Analysis Figure 11: Global: Cloud Kitchen (Commissary/Shared Kitchen) Market Forecast: Sales Value (in Million US$), 2022-2027 5 Global Cloud Kitchen Market The Global Cloud Kitchen Market is expected to grow by $ 24.31 bn during 2022-2026, accelerating at a CAGR of 12.09% during the forecast period. Use of Workplaces, Household, Schools, Others and in multiple sectors has led to significant growth in demand for Cloud Kitchen in the market. A good proxy for supply can be #orders. 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. 14 Competitive Landscape 3. Copyright 2023 MarketWatch, Inc. All rights reserved. "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. Which nature segment dominated the cloud kitchen market? The standalone segment is expected to register a significant CAGR over the forecast period. Some of the prominent players operating in the global cloud kitchen market are: Revenue in USD million and CAGR from 2021 to 2028, Revenue forecast, company ranking, competitive landscape, growth factors, and trends, North America; Europe; Asia Pacific; Latin America; MEA, U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico, Dahmakan (Pop Meals); DoorDash; Kitchen United; Kitopi; Rebel Foods; Zuul Kitchens, Inc; Starbucks Coffee Company; Ghost Kitchen Orlando; CloudKitchens; Swiggy. 9.2.4 South Korea b. 14.3.5.1 Company Overview 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 trend is expected to continue over the forecast period, thanks to the rising number of standalone brands serving customers from a single location. Based on Type, the market can be classified intoMulti-brand Cloud Kitchen, Independent Cloud Kitchen, Hybrid Cloud Kitchen, Others. The early adopters in the market are expected to capitalize on market opportunities by expanding stores across regions and economies. 8.1 Franchised Individual ghost kitchens with their online ordering solutions are also witnessing increased adoption. Figure 41: Japan: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 b. Labor optimization is the part that is most in need of data analytics the most in operation. The increasing consumer preference for international cuisines, fast foods, and online ordering is expected to drive the growth of the segment. IMARC offers market research reports and consulting services to clients consisting of, but not limited to, SMEs and Fortune 500 companies. The global cloud kitchen market is expected to grow at a compound annual growth rate of 12.4% from 2021 to 2028 to reach USD 139.37 billion by 2028. b. North America is expected to register a CAGR of around 10% over the forecast period. Figure 63: Spain: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 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. Figure 45: South Korea: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 4.2 Key Industry Trends 9.3.4.1 Market Trends Figure 81: Global: Cloud Kitchen Industry: Porter's Five Forces Analysis Figure 1: Global: Cloud Kitchen Market: Major Drivers and Challenges Press release - Acumen Research and Consulting - Cloud Kitchen Market Size, Share, Statistics, Trends, Competitive analysis, Regional Growth from 2022 to 2030 - published on openPR.com . According to a new report published by Allied Market Research, titled, "Cloud Kitchen Market by Type, Product Type and Nature: Global Opportunity Analysis and Industry Forecast, 2021-2027 . The MarketWatch News Department was not involved in the creation of this content. 9.4.3.2 Market Forecast "Setting up a cloud kitchen typically requires 1/3rd of the investment required to set up a restaurant on account of lower rental costs. 9.4.1 Brazil By calculating the proportion of conversions over the search and clicks, we can see how we are responding to users needs. Based on the nature, the global cloud kitchen market can be categorized into franchised and standalone. At REEF, we pay extra attention to overtime rate, and this is metric you should emphasize on as well. 9.5.2 Market Breakup by Country Global Cloud Kitchen Market has good growth potential in the future due to the new market opportunities that are being created. Looking forward, IMARC Group expects the market to reach a value of US$ 112.53 Billion by 2027 exhibiting a growth rate (CAGR) of 11.50% during 2022-2027. Figure 65: Russia: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 Because in the hospitality and restaurant industry, labor cost takes one of the biggest parts of the cost structure. Especially among the women, there has been gradual adoption of working lifestyle . These insights are included in the report as a major market contributor. Abstract:- Cloud Kitchen is a business space accessible to create food, explicitly for orders or conveyance of the clients. Figure 7: Global: Cloud Kitchen Market: Breakup by Region (in %), 2021 What is the breakup of the global cloud kitchen market based on the type? List of Figures 14.3.9.1 Company Overview 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. 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