Press release
Cloud Kitchen Market Insights and Strategic Future Projections 2024 - 2031 | Dahmakan, DoorDash, Ghost Kitchen Orlando
Cloud Kitchen Market
The global cloud kitchen market size was valued at US$ 39.54 Billion in 2022 and is anticipated to witness a compound annual growth rate (CAGR) of 12.4% from 2023 to 2030.
Market Dynamics:
The global cloud kitchen market is expected to witness significant growth over the forecast period owing to growing popularity of online food delivery platforms. According to the Food Delivery Association, orders through online food delivery platforms grew by over 35% in 2021 alone. This rapid growth in online food delivery has led restaurants to shift their focus towards delivery and take-out models, fueling demand for cloud kitchen facilities. Additionally, cloud kitchens allow restaurants to expand into new markets at low cost without investing in physical restaurant spaces, further supporting market growth. However, higher reliance on third party delivery platforms for order fulfillment poses challenges for profit margins.
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Cloud Kitchen Market Drivers:
Increased popularity of online food delivery services
The online food delivery market has witnessed exponential growth over the past few years due to the fast-paced lifestyle of consumers and the convenience offered by these services. The ease of ordering food from one's couch through mobile apps has made online food ordering a habit for many. This rising demand for online food deliveries is driving the need for cloud kitchens that can cater to this demand through centralized kitchen facilities. According to estimates, the online food delivery market is expected to reach a value of $130 billion by 2025, growing at a CAGR of 15-20%. With more people relying on food delivery apps for their meals, cloud kitchens have become integral to supporting this growing market.
Cloud Kitchen Market Opportunity:
Increased investments by major restaurant brands and food companies
Recognizing lucrative growth opportunities, major QSR (quick service restaurant) chains and food corporations are significantly increasing their investments in the cloud kitchen segment. Global restaurant giants are opting for hub-and-spoke models wherein they run centralized cloud kitchens that deliver food to various localized micro-outlets. Transitioning to the cloud kitchen segment allows them to expand operations to new markets at lower costs compared to establishing physical restaurants. In addition, major food delivery platforms are also venturing into setting up and managing their own cloud kitchen facilities. The entry of large corporations is expected to infuse fresh capital investments in advanced infrastructure and technologies, thereby creating new growth avenues.
Cloud Kitchen Market Trend:
Adoption of automation technologies
To improve operational efficiency while managing high order volumes, cloud kitchens are increasingly automating various workflows using innovative technologies. For instance, motorized assembly lines, conveyor belts and robotic arms are automating food preparation and packaging processes. AI and IoT solutions are enabling remote inventory management, predictive analytics for demand forecasting and robotic delivery. Adoption of automation helps reduce dependence on manual labor, minimize human errors and improve productivity. It allows operators to achieve higher order volumes with lower staff counts. The growing trend of automation provides cloud kitchens opportunities for attaining scalability and competitiveness in the long run.
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Top Companies Included in This Report:
• Dahmakan
• DoorDash
• Ghost Kitchen Orlando
• Keatz
• Kitchen United
• Kitopi Catering Services LLC
• Rebel Foods
• Starbucks Corporation
• Swiggy
• Zuul
Market Segmentation:
Based on Product Type:
• By Type: Independent Cloud Kitchen, Commissary/Shared Kitchen, KitchenPods
• By Product Type: Burger/Sandwich, Pizza/Pasta, Chicken, Seafood, Mexican/Asian Food, Others
• By Nature: Franchised, Standalone
Key Regions/Countries Classified as Follows:
» North America (U.S., Canada, Mexico)
» Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
» Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
» South America (Brazil, Argentina, Rest of SA)
» Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
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📈 Market Outlook: Get current and future market outlooks, including recent developments, growth opportunities, drivers, challenges, and regional constraints
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Author Bio:
Vaagisha brings over three years of expertise as a content editor in the market research domain. Originally a creative writer, she discovered her passion for editing, combining her flair for writing with a meticulous eye for detail. Her ability to craft and refine compelling content makes her an invaluable asset in delivering polished and engaging write-ups.
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