Press release
Cloud Kitchen Market Growth: Shaping the Future of Online Food Delivery Lucrative Growth By Reaching USD 122.5 Billion by 2031 | Most Leading Companies - Zomato, Rebel Foods, Kitchen United, Kitopi, KEATZ, Starbucks, Ghost Kitchen Orlando
The Global Cloud Kitchen Market Size reached USD 56.7 billion in 2022 and is projected to witness lucrative growth by reaching up to USD 122.5 billion by 2031. The market is expected to exhibit a CAGR of 10.1% during the forecast period 2024-2031Cloud Kitchen Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.
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A cloud kitchen, also known as a ghost kitchen or virtual kitchen, is a foodservice business model that operates solely through online orders and delivery, without a physical dining space. Cloud kitchens utilize a centralized kitchen space to prepare food for multiple brands or virtual restaurants, which are marketed and delivered via food delivery platforms or their own apps. This model minimizes overhead costs like rent and staffing while focusing on the growing demand for food delivery services, offering convenience and flexibility to consumers.
List of the Key Players in the Cloud Kitchen Market:
Zomato, Rebel Foods, Kitchen United, Kitopi, KEATZ, Starbucks, Ghost Kitchen Orlando, Zuul Kitchen, Doordash Kitchen and Dahmakan.
Industry Development:
In February 2023, Bigspoon, a leading cloud kitchen start-up, partnered with celebrity investor Mouni Roy to launch The Pizza People, a new neo-pizza brand. The brand is set to operate across 15 cities with 35 locations. Leveraging Bigspoon's extensive cloud kitchen network in Tier-1 and Tier-2 cities, The Pizza People marks India's largest pizza brand launch in a single day, with the initial phase opening 35 locations in cities including Pune, Ahmedabad, Delhi NCR, Hyderabad, Surat, and Indore.
Growth Forecast Projected:
The Global Cloud Kitchen Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Research Process:
Both primary and secondary data sources have been used in the global Cloud Kitchen Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Segment Covered in the Cloud Kitchen Market:
By Type: Commissary/Shared kitchen, Independent Cloud Kitchen, Kitchen Pods
By Offerings: Solutions, Services, Platform
By Deployment Type: Web, Mobile
By End-users: Residential, Commercial Space, Hospitality, Others
Regional Analysis for Cloud Kitchen Market:
The regional analysis of the Cloud Kitchen Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
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People Also Ask:
➠ What is the global sales, production, consumption, import, and export value of the Cloud Kitchen market?
➠ Who are the leading manufacturers in the global Cloud Kitchen industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?
➠ What opportunities and challenges do vendors in the global Cloud Kitchen industry face?
➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?
➠ What are the key factors and limitations affecting the growth of the Cloud Kitchen market?
➠ What are the various sales, marketing, and distribution channels in the global industry?
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Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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