Cloud Kitchen Market Sales Report 2022 - 2030

Global cloud kitchen market is predicted to be worth roughly USD 374 billion by 2030, growing at a CAGR of more than 22.0% during the forthcoming timeframe of 2022-2030, according to Ameco Research

One of the major factors driving the cloud kitchen market growth is the rising consumer desire for online food ordering services over dining options. When dine-in restaurants were shuttered as a preventative measure to prevent the spread of the COVID-19 deadly disease, online food purchasing as well as delivery services acquired popularity around the world. Due to the growing demands for food delivery services, several restaurant owners have decided to open cloud kitchen branches to serve customers and boost orders. As a result of these factors, the cloud kitchen market is expected to expand significantly in the coming years.

A cloud kitchen is a centralized fully interactive commercial development used to organize a food menu for delivery or food is eaten off-site. It facilitates restaurant owners to optimize and expand delivery or takeaway food facilities at a fraction of the cost of traditional brick-and-mortar places, which necessitate a physical fine dining restaurant and a substantial financial investment. Aside from that, it allows them to focus on advertising while reducing administrative burden and logistic support and attempting to reach a broader audience. As a result, it is gaining ground as an excellent business solution for meeting the starting emerging meal delivery demand of nearby restaurants and fast-food chain stores around the world.

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Global Cloud Kitchen Market Dynamics

The increasing worldwide working population, rising spendable income, increased efficiency for modern amenities, and the expansion of digital technology solutions are the significant factors driving the global cloud kitchen market. The growing preference for online food delivery over dine-in interaction is a major factor driving up demand for cloud kitchen infrastructure. The explosive development and permeation of numerous food delivery service applications such as Swiggy, EatSure, Zomato, and Grubhub have accelerated the global cloud kitchen market's growth. Moreover, the conveniences of doing industry and favorable national policies pertaining to food delivery as well as kitchens have made it much easier to launch a cloud kitchen.

In addition, there are numerous organizations that practice and offer guidance in starting their possess cloud kitchens. It has resulted in an increase in the group of similar and self-reliant cloud kitchens, particularly in developing countries. The increase in internet absorption, the popularity of smartphone incorporation, and sufficient support from online food portals have all contributed to the development of the cloud kitchen market. Besides that, the growing market for food delivery apps has compelled restaurant owners to open cloud kitchen branches to serve potential consumers. The rising popularity of social media as well as the social media campaigns used by the top market participants are both contributing significantly to market growth.

Market Competitors

Some of the most notable worldwide cloud kitchen market players are Dahmakan, Ghost Kitchen Orlando, Kitchen United, Starbucks (Star Kitchen), Cloud Kitchen, DoorDash Kitchens, Keatz, Kitopi, Rebel Foods, and Zuul Kitchen.

Market Segmentation
Ameco Research has fragmented the global cloud kitchen market by type, product type, and nature. In type, the segment is sub-divided into commissary/shared kitchen, independent cloud kitchen, and kitchenpods. In 2021, the independent cloud kitchen category had the largest market share, accounting for more than half of the total market. Independent cloud kitchens mainly target consumers who favor a solitary cuisine form and rely greatly on third-party distribution channels. Consumer preference for fast foods, international cuisines, and digital ordering is predicted to drive the growth of this segment.

In term of product type, the industry is sub-categorized into burger/sandwich, chicken, mexican/asian food, pizza/pasta, seafood, and others. Over the forecasted years, the burger/sandwich segment is expected to grow significantly in the market. This is due to the rise in demand for fast and processed food products among the younger generation and Generation Z consumers worldwide.

Moreover, the market is divided into franchised, and standalone, based on nature. According to the cloud kitchen market forecast, the standalone category is estimated to rise significantly in the market over the next few years.

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Regional Outlook

North America, Europe, Latin America, Asia-Pacific, and the Middle East & Africa are the regional classification of the global cloud kitchen market. With the majority of shares, Asia-Pacific held a prominent position in the cloud kitchen market. Asia-Pacific is home to the largest number of the world's population, providing a massive potential customer base. Rapid urbanization, increasing disposable income, a hustle and bustle of city lifestyle, internet penetration infiltration, and growing smartphone implementation are some of the major macroeconomic factors responsible for the growth of the Asia-Pacific cloud kitchen market. Besides that, the existence of a large younger population, increasing food demand, and population increase are all contributing to market growth. Due to the region's robust economic growth, nations like India and China are offering market participants promising potential for development.

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This release was published on openPR.