Press release
Cloud Kitchen Market Expected to Reach US$ 115.69 Billion by 2032, Expanding at a CAGR of 10.9%
Cloud Kitchen Market
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Major factors driving this growth are:
• The rising consumer preference for online food services instead of dining experiences is propelling market growth.
• Growing incentives and government initiatives related to online food delivery are aiding the growth of the cloud kitchen market.
• The rise of online to offline (O2O) commerce is enhancing the utilization of online food delivery platforms, thus promoting market growth.
• The chance to supply consumers directly without the burden of additional expenses is propelling market advancements.
What Is Cloud Kitchen?
A cloud kitchen, also known as a ghost kitchen or virtual kitchen, is a commercial kitchen designed for preparing food solely for delivery and takeout, without a physical dining area or storefront, relying on online ordering platforms and delivery apps. Cloud kitchens are designed to prepare efficiently and package food for delivery rather than having customers come to a restaurant to eat. They operate as virtual restaurants, meaning they don't have a traditional brick-and-mortar storefront or dining area. Cloud kitchens can be a cost-effective way for restaurants to expand their reach or for new food businesses to launch, as they eliminate the need for expensive storefronts and dining areas. Cloud kitchens offer flexibility in terms of scaling operations and experimenting with new concepts or cuisines.
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Market Competitive Landscape:
• City Storage Systems LLC
• Dahmakan (Pop Meals)
• DoorDash
• Food Cheri
• Frichti
• Ghost Kitchen Orlando
• KEATZ
• Kitchen United
• Kitopi
• Nosh. Parsley box
• Rebel Foods
• Starbucks Coffee Company
• Swiggy
• Taster
• The food Corridor
• Wamda
• Wetaca
• and Zuul Kitchens Inc.
Regional Analysis:
• Asia Pacific held the largest portion of the global cloud kitchen market, driven by the rising popularity and acceptance of cloud kitchens, boosted by increasing disposable income and a growing use of smartphone apps among millennials in the region.
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Segmental Overview:
• The cloud kitchen market is segmented based on nature, type, and region.
• Based on type, the independent cloud kitchen segment was the top revenue generator in the global market due to the increase in consumer demand for international cuisines, fast food, and online food delivery.
• By nature, the market is segmented into franchised and standalone. The franchised segment is expected to witness large revenue in the global market.
Cloud Kitchen Market, Type Outlook (Revenue, USD Billion, 2019-2032)
• Independent Cloud Kitchen
• Commissary/Shared Kitchen
• Kitchen Pods
Cloud Kitchen Market, Nature Outlook (Revenue, USD Billion, 2019-2032)
• Franchised
• Standalone
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