Press release
Cloud Kitchen Market Growth Factors, Segmentation, Trends, Opportunities, Key Players and Forecast | Evolve Business Intelligence
As per the study initiated by Evolve Business Intelligence, the global Cloud Kitchen Market size accounted for USD 30.2 Billion in 2022, growing at a CAGR of 13.5% from 2023 to 2033.A Cloud Kitchen, also known as a virtual kitchen or ghost kitchen, refers to a type of business model in the food service industry where meals are prepared and cooked in a centralized facility and then delivered to customers through various online ordering platforms or third-party delivery services. Unlike traditional brick-and-mortar restaurants, cloud kitchens typically do not have a physical storefront or dining area for customers.
The concept of cloud kitchens has gained popularity with the rise of online food delivery services and the changing consumer behavior towards ordering food through mobile apps. Cloud kitchens leverage technology and data analytics to streamline operations, optimize efficiency, and cater to the growing demand for convenient and on-demand food delivery.
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Key Highlights:
• The global Cloud Kitchen Market size was valued at USD 30.2 billion in 2022 growing at a CAGR of 13.5% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to grow at the highest CAGR from 2023 to 2033
Evolve Business Intelligence has just unveiled its latest market research report focusing on the Global Cloud Kitchen Market. This comprehensive report delves into various facets of the market, including market size and projections, market dynamics, competitor market share analysis, market value and volume, SWOT analysis, product comparisons, recent advancements by major players, and prospective opportunities. Furthermore, the market's evaluation in the dynamic chapter considers four key indicators: Drivers, Constraints, Emerging Trends, and Challenges..
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Key Players
Some of the major Cloud Kitchen Market players holding high market shares include POSist Technologies Private Limited, Rebel Foods, Starbucks Coffee Company and Swiggy Platform. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
• Kitchen United
• Kitopi Catering Services LLC
• Lightspeed Commerce Inc.
• PAR Technology Corporation
• POSist Technologies Private Limited
• Rebel Foods
• Starbucks Coffee Company
• Swiggy Platform
• Toast Inc.
Segmental Analysis
Market Segment By Type
• Independent Cloud Kitchen
• Commissary/Shared Kitchen
• Kitchen Pods
Market Segment By Application
• Franchised
• Standalone
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Key Region/ Countries Covered
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Spain, Russia, Nordic Countries, BeNeLux, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Rest of Asia Pacific)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa, Rest of MEA)
• Latin America (Mexico, Brazil, Argentina, Rest of Latin America)
Reasons to Buy this Report:
• Comprehensive insights.
• Reliable and accurate data.
• Market size and dataforecast
• Competitive analysis.
• Identification of market opportunities.
• Risk identification and mitigation strategies.
• SWOT analysis.
• TAM Analysis
• Recent industry developments.
• Customization options.
• Expertise and guidance for strategic decision-making
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About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from Fortune's global 2000 companies.
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