Figure 1: Global: Cloud Kitchen Market: Major Drivers and Challenges These insights are included in the report as a major market contributor. Figure 63: Spain: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 Our support available to help you 24 hours a day, five days a week. 4.2 Key Industry Trends Cloud Kitchen Market - Segmentation Analysis: Which segment is expected to lead the global Cloud Kitchen market during the forecast period? 1. The Gross Merchandize value of cloud kitchens in India was estimated to be about 2.3 billion U.S. dollars in 2025. Figure 28: Global: Cloud Kitchen (Standalone) Market: Sales Value (in Million US$), 2016 & 2021 Cloud kitchens are more like tech startups than restaurants. A cloud kitchen is a takeaway outlet that does not provide a dine-in facility. 14.3.3.2 Product Portfolio The Model can be used for creating a business plan for any size of the business by using a combination of revenue from: 1. an optimised cloud kitchen uses data analysis in supply chain . 9.4.2.1 Market Trends Figure 70: Brazil: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 5.4 Market Forecast To start with, think about #search (number of searches). Kitchen United, Kitopi, Lightspeed Commerce Inc., PAR Technology Corporation, POSist Technologies Cloud Kitchen Market Size is projected to Reach Multimillion USD by 2028, In comparison to 2021, at unexpected CAGR during the forecast Period 2022-2028. Table 1: Global: Cloud Kitchen Market: Key Industry Highlights, 2021 and 2027 6. Coverage includes scalable data mining and knowledge discovery techniques together with cloud computing concepts . 14.3.11.2 Product Portfolio Heres where. 9.1.2 Canada The global cloud kitchen market is expected to grow at a compound annual growth rate of 12.4% from 2021 to 2028 to reach USD 139.37 billion by 2028. b. The increasing consumer preference for international cuisines, fast foods, and online ordering is expected to drive the growth of the segment. Polaris Market Research has come up with a new extensive report titled Cloud Kitchen Market 2023: By Types, Applications, Size, Share, Key Players & Regions Forecast Analysis till 2032 that offers detailed information that enhances this report's knowledge, scope, and utilization. Cloud Kitchen Market Share Analysis Report, 2021-2028. Furthermore, establishing such restaurants involves fewer risks as the franchisor provides training and support ranging from supplies and equipment to staff training and marketing. The popularity of cloud kitchens is more prominent in the Asia Pacific region, which accounted for more than 60% of the global market in 2020. 2.4.2 Top-Down Approach Apart from Rebel Foods, many other Indian . Additionally, the demand for online food delivery services increased during the COVID-19 pandemic when dine-in restaurants were closed, which led to the establishment of several cloud kitchens in the region, resulting in regional market growth. The Global Cloud Kitchen Market is expected to grow by $ 24.31 bn during 2022-2026, accelerating at a CAGR of 12.09% during the forecast period. 2.2 Gain Actionable Data To Adapt and Optimise Your Restaurant. 12.1 Overview 14.3.9.2 Product Portfolio 9.3.1 Germany Rising disposable incomes and the increased adoption of smartphone applications among millennials are key factors leading to the rise in online food delivery services. I ruined my familys finances by withdrawing from my 401(k) to buy a house and I regret it. 9.5 Middle East and Africa Free upgrade to enterprise license (allows to share across all company locations), 5. 6.2 Commissary/Shared Kitchen 14.3.1 CloudKitchens Create regional and country strategies on the basis of local data and analysis. They continue to climb. You can now earn upwards of 4% on a savings account. Figure 41: Japan: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 Figure 78: Middle East and Africa: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 Get a Sample PDF of report -https://www.360researchreports.com/enquiry/request-sample/19891693. 14.1 Market Structure Figure 33: United States: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 Based on Type, the market can be classified intoMulti-brand Cloud Kitchen, Independent Cloud Kitchen, Hybrid Cloud Kitchen, Others. Explore purchase options. 14.3.5 Lightspeed Commerce Inc. The use of a cloud kitchen POS makes it both convenient and more revenue-generating for your brand. Figure 39: China: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 As a new business sector that comes from the intersection between technology and the restaurant industry, it highly relies on data analytics to forecast demand, optimize supply and improve operations. The global cloud kitchen market was valued at US$ 56.71 Billion in 2021. 9.1 North America 8.1.2 Market Forecast By looking at the past 5 years data of USD to INR we see that from January 2018 there has been a significant deprecation in rupee and since mid-2020s rupee kept being quite volatile. Its premise is pretty simple: no storefront, no dining facilities, just a common kitchen space for cooking (single or multiple cuisines under one roof), and the facility of online ordering and delivery via food aggregators like Zomato and Swiggy. Moreover, a rise in the number of food trucks and caterers that use storage space and free time slots of restaurant facilities is expected to drive the segment growth. In my practicum project with REEF at UC Daviss, we used Tableau as a labor hour calculator to predict labor hours based on sales dollars input. 2.3 Allows You To Run Restaurants On A Single Cloud Kitchen. 2.3.1 Primary Sources The independent cloud kitchen model - Single brand, single kitchen, no storefront. At REEF, we pay extra attention to overtime rate, and this is metric you should emphasize on as well. Figure 2: Global: Cloud Kitchen Market: Sales Value (in Billion US$), 2016-2021 9.4 Latin America Moreover, varying degrees of lockdowns and related restrictions in several countries globally have helped the food delivery service model gain increased prominence. In addition, we are always willing to comply with the study, which triangulated with your own data to make the market research more comprehensive in your perspective. This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2028. The services segment is anticipated to have the fastest growth rate of 23.54% of the global cloud kitchen in 2018. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Cloud Kitchen market in terms of revenue. Cloud Kitchen Market Size 2021: USD 63.0 Billion: Cloud Kitchen Market Forecast 2030: USD 373.4 Billion: Cloud Kitchen Market CAGR During 2022 - 2030: 22.0% Cloud Kitchen Market Analysis Period . 14.3.7.1 Company Overview b. The report examines the existing Industry . . Cloud kitchen model also reduced the cost of starting up a food brand, and many first-time restaurateurs embraced the model. Similar to on-premises data analytics, cloud analytics algorithms are applied to large data collections to identify patterns, predict future outcomes and produce other information useful . 9.2.6.1 Market Trends b. 12.4 Degree of Competition Free trial, before you make a purchase decision. 2.3 Data Sources Independent cloud kitchens primarily target consumers that prefer a single cuisine type and largely depend on third-party channels for delivery. There are analytics tools, such as locale.ai that help you consolidate this information. As soon as the order is received, it gets updated in the KDS. Figure 18: Global: Cloud Kitchen (Chicken) Market: Sales Value (in Million US$), 2016 & 2021 360 Research Reports is the credible source for gaining the market reports that will provide you with the lead your business needs. As a result, labor costs which usually absorb 50-. As a result, it is gaining traction as an ideal business solution across the globe to meet the emerging food delivery demand of local restaurants and fast-food chains. Furthermore, increasing awareness about the benefits of cloud kitchens among operators is encouraging several franchised store outlets and aggregators to establish cloud or ghost kitchens. Report Summary. Figure 59: United Kingdom: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 5.2 Market Performance The global cloud kitchen market size was estimated at 56.71 billion U.S . 9.3.3 United Kingdom Consequently, food businesses, including delivery-optimized restaurants, meal prep companies, caterers, and packaged food producers, worldwide are shifting to cloud kitchens to maintain business continuity and deliver food without added overhead or hassle. See for yourself. Innovative cloud kitchens are displacing home eating and will continue to do so. 2 Scope and Methodology Cloud kitchens are delivery-only kitchens that may be branded or owned by a third party that works with different brands. 10.4 Opportunities b. With services like UberEats, DoorDash, PostMates, Deliveroo, Eat24, Amazon Restaurants, Swiggy, etc., food has become available through just a few clicks. In addition, high startup costs and burdensome regulations associated with conventional food business models are augmenting the adoption of cloud kitchens to reduce extensive resources and optimize the delivery experience. 14.3 Profiles of Key Players Complimentary 10 hours free analyst time for market review, 3. 8.2 Standalone The GMV . Figure 42: India: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 Press release - Acumen Research and Consulting - Cloud Kitchen Market Size, Share, Statistics, Trends, Competitive analysis, Regional Growth from 2022 to 2030 - published on openPR.com 2.1 Better Delivery Efficiency. Table 7: Global: Cloud Kitchen Market: Key Players, Note: We value your privacy and will never rent or sell your email address. Please fill out the form below for a free PDF report sample & 5.3 Impact of COVID-19 Is there a problem with this press release? Order management and mobile segment are estimated to hold the largest market . Cloud kitchens are high-profit, low-risk business ventures for restaurant owners, caterers, food entrepreneurs and other food businesses. What are the key regions in the global cloud kitchen market? b. 14 Sep, 2022, 03.26 PM IST. 9.3.3.1 Market Trends The competition in the market is intensifying with a rise in several individual restaurant operators seeking to enter the food industry with limited investments. 5 Global Cloud Kitchen Market The organization uses Cloud storage like Amazon Redshift to store all the data, which is connected to Tableau, its data visualization tool and Workforce, its scheduling system. Grand View Research is registered in the State of California at Grand View Research, Inc. 201 Spear Street 1100, San Francisco, CA 94105, United States. With our tool, district managers at REEF can minimize the overtime labor hours, increasing operational profit. 2.4.1 Bottom-Up Approach 9.3.4.1 Market Trends This site uses cookies (including third-party cookies) to record users preferences which help us to 2.1 Objectives of the Study 9.4.1.2 Market Forecast What is the breakup of the global cloud kitchen market based on the nature? Table 3: Global: Cloud Kitchen Market Forecast: Breakup by Product Type (in Million US$), 2022-2027 Market Overview: The global cloud kitchen market size reached US$ 56.71 Billion in 2021. 4.1 Overview The denominator here indicates people with intention to order meals. Choosing the right rental space. The market include Asia-Pacific, North America and Europe, with a share of 58%, 23% and 12%. Abstract:- Cloud Kitchen is a business space accessible to create food, explicitly for orders or conveyance of the clients. However, choosing the right rental space, that is, ensuring that there is proper sanitation, water supply and maintenance is very crucial. Jan 10, 2023 (The Expresswire) -- 9.4.3.2 Market Forecast 7.3.2 Market Forecast Figure 76: Middle East and Africa: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 The popularity of cloud kitchens is more prominent in the Asia Pacific region, which accounted for more than 60% of the global market in 2020. 9.3.2 France 1. 14.3.3.1 Company Overview "Setting up a cloud kitchen typically requires 1/3rd of the investment required to set up a restaurant on account of lower rental costs. The growth accelerated due to more and more people starting to go online, and it allowed these kitchens to rapidly expand their footprints along with digital food ordering options. Cloud kitchens pride themselves on the reduced budget required to set one up. Figure 77: Middle East and Africa: Cloud Kitchen Market: Breakup by Country (in %), 2021 In conclusion, the Cloud Kitchen industry is expanding at an amazing speed. Anomaly detection in Tweets: Clustering & Proximity based approach. By calculating the proportion of conversions over the search and clicks, we can see how we are responding to users needs. 9.3.2.2 Market Forecast It provides a thorough overview of the market's current and future objectives, along with a competitive analysis of the industry, broken down by application, type and regional trends. Key factors that are driving the cloud kitchen market growth include increasing consumer preference for online food services over dining experiences and the increased profit margin of the virtual kitchen business in comparison to dining restaurants. 14.3.6 PAR Technology Corporation The commissary/shared kitchen segment is expected to register a CAGR exceeding 13.0% over the forecast period. 8.1 Franchised Restaurants like Faasos, Box8, Innerchef, Freshmenu, Kabuliwala and Holachef are also exploring the concept of . For instance, In November 2017, Swiggy, an India-based online food aggregator, introduced Swiggy Acces to help restaurants operate delivery-only kitchens across locations where they do not have operations. The biggest cloud kitchen operator in the US has a data science team dedicated to achieve operational excellence. Cloud Kitchen Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027, Financial Services and Investment Intelligence. Figure 20: Global: Cloud Kitchen (Seafood) Market: Sales Value (in Million US$), 2016 & 2021 Seafood, Mexican/Asian Food, Others; By Deployment Types: Web, Mobile) - Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2022 - 2030. 14.3.6.3 Financials 4 Introduction 14.3.2.3 Financials The report covers growth-driving factors and opportunities . Data courtesy: Cloud Kitchen C. 9.3.5.2 Market Forecast As known as ghost kitchens, shadow kitchens, virtual kitchens and dark kitchens, Cloud Kitchen is a restaurant with an online presence but no storefront (dine-in facilities). online dashboard trial. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. 14.3.9.1 Company Overview Table 5: Global: Cloud Kitchen Market Forecast: Breakup by Region (in Million US$), 2022-2027 Ltd., Rebel Foods, Starbucks Coffee Company, Swiggy, and Toast Inc. Pizza Market by Type (Non-vegetarian Pizza, Vegetarian Pizza), Crust Type (Thick Crust, Thin Crust, Stuffed Crust), Distribution Channel (Quick Service Restaurants (QSR), Full-Service Restaurants (FSR), and Others), and Region 2023-2028, White Wine Market by Product Type (Riesling, Gewrztraminer, Chardonnay, Sauvignon Blanc, Chenin Blanc, Grner Veltliner, Moscato, Pinot Grigio, and Others), Body Type (Light Bodied, Medium Bodied, Full-Bodied), Sweetness Level (Dry, Semi-Sweet, Sweet), Sales Channel (Modern Trade, Grocery Store, Convenience Stores, E-Commerce, and Others), and Region - 2023-2028, Hemp Milk Market by Variant (Flavored, Unflavored), Type (Sweetened, Unsweetened), Category (Organic, Conventional), Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Specialty Stores, Online Stores), and Region - 2023-2028, Rapeseed Oil Market by Type (Processed, Virgin), Nature (Organic, Conventional), Distribution Channel (Supermarkets and Hypermarkets, Online Stores, Specialty Stores, Retail Stores, and Others), Application (Food Processing, Bio-Fuel, Cosmetics and Personal Care, and Others), and Region - 2023-2028, Modified Starch Market by Raw Material (Corn, Cassava, Wheat, Potato, and Others), Type (Starch Esters and Ethers, Resistant, Cationic, Pre-gelatinized, and Others), Function (Thickeners, Stabilizers, Binders, Emulsifiers, and Others), Application (Food and Beverages, Animal Feed, Paper, Pharmaceuticals, Textiles, and Others), and Region 2023-2028, ( US: +1-631-791-1145 ) What is the breakup of the global cloud kitchen market based on the product type? 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