PUNE,
India, July 29, 2024 /PRNewswire/ -- Maximize
Market Research, an Information Technology & Telecommunication
business research firm has published a report on the 'Global
Cloud Kitchen Market'. The total market size for the Cloud
Kitchen Market was USD 34.69 Bn
in 2023 and is expected to grow at 14.13 percent CAGR through the
forecast period by reaching nearly USD 87.51
Bn by 2030.
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Market Size in
2023
|
USD 34.69 Bn
|
Market Size in
2030
|
USD 87.51 Bn
|
CAGR
|
14.13
Percent
|
Forecast
Period
|
2024-2030
|
Base
Year
|
2023
|
Number of
Pages
|
225
|
No. of
Tables
|
142
|
No. of Charts and
Figures
|
198
|
Segment
Covered
|
By Type, Product,
Nature, and Deployment
|
Regional
Scope
|
North America, Europe,
Asia Pacific, Middle East and Africa, South America
|
Report
Coverage
|
Market Share, Size, and
Forecast by Revenue | 2024−2030, Market Dynamics, Growth Drivers,
Restraints, Investment Opportunities, and Key Trends, Competitive
Landscape, Key Players Benchmarking, Competitive Analysis, MMR
Competition Matrix, Competitive Leadership Mapping, Global Key
Players' Market Ranking Analysis.
|
Get your Sample PDF:
https://www.maximizemarketresearch.com/request-sample/109430/
Highlights of the Report
- Cloud kitchens, or virtual kitchens, are commercial kitchens
focused on food delivery and takeout, characterized by lower
overhead costs, allowing for diverse menu offerings and operational
efficiency.
- The convenience of meal delivery services has led to a surge in
demand for cloud kitchens while ensuring a stable supply chain and
managing food costs are key challenges for cloud kitchen
operators.
- Cloud kitchens offer lower startup costs compared to
traditional restaurants, making it an attractive business
model.
- The integration of technology, such as AI and automation, will
continue to shape the industry. The emergence of new business
models, such as ghost kitchens and shared kitchens, will create
growth opportunities.
Cloud Kitchen Market Key Players
- Auntie Anne's Franchisor SPV LLC
- Domino's Pizza, Inc.
- CKE Restaurants Holdings, Inc.
- Firehouse Restaurant Group, Inc.
- Jack in the Box, Inc.
- McDonald's
- Restaurant Brands International, Inc.
- Yum Brands Inc.
- Inspire Brands, Inc.
- Innobliss Solutions Private Limited
- Kitchen United
- Others
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https://www.maximizemarketresearch.com/request-sample/109430/
The Burger/Sandwich Segment to dominate during the forecast
period
Consumers are in search of fast, cost-effective, and
customizable meal choices, with burgers and sandwiches meeting
these needs effectively. These menu items not only offer a
high-profit margin but also maintain a steady demand across
different demographics. A study by SMR in 2023 states that 60% of
online food orders in the cloud kitchen sector included burgers or
sandwiches. Major players such as Rebel Foods, known for operating
multiple virtual brands, have reported a 40% YoY growth for their
burger brand Faasos. Similarly, The Halal Guys, famous for their
gyro sandwiches, have expanded from a single New York City cart to over 100 cloud kitchen
locations worldwide. The simplicity of preparation and the ability
to uphold quality during delivery make burgers and sandwiches
perfect choices for cloud kitchens. The plant-based burger market
alone experienced a 27% surge in 2023, indicating a growing
interest in healthier options among consumers. This sector also
embraces cutting-edge technology, with brands like BurgerFi
utilizing AI for order customization to enhance the overall
customer experience. By incorporating data analytics for inventory
management and marketing strategies, the burger/sandwich segment
optimizes its operations. This combination of consumer preference,
operational efficiency, and technological advancements positions
the burger/sandwich segment as a dominant force in the cloud
kitchen industry, driving significant growth and offering lucrative
opportunities.
Global Cloud Kitchen Market Regional Analysis
In North America, the cloud
kitchen market is being dominated by the
United States, where key players such as Uber Eats,
DoorDash, and CloudKitchens are collectively generating over
$12 billion in revenue in 2023
fueling the growth. The cloud kitchen model resonates with the
growing consumer demand for convenience and variety, as evidenced
by 58% of Americans ordering takeout at least once a week. For
instance, Kitchen United operates more than 15 facilities across
the country, offering shared kitchen spaces to restaurant brands to
streamline delivery operations and cut down on costs. Additionally,
venture capital investments in the US food tech sector soared to
$3.5 billion in 2023, indicating
strong financial support for ongoing innovation. These factors
collectively ensure that the United
States maintains its leading position and continues to
expand in the cloud kitchen market.
In Asia, the organized food
service market faced a notable slowdown, but cloud kitchens rapidly
filled the gap, with China and
India hosting thousands of these
facilities. Major players like Rebel Foods in India and Grab in Southeast Asia have significantly expanded
their operations, marking substantial growth across the region.
Europe's cloud kitchen market is
also on the rise, with countries like the UK, Germany, Spain, and Italy making significant strides in delivery
and takeout services. Meanwhile, the Middle East and Africa are experiencing notable growth, with
the UAE leading the charge in cloud kitchen establishments.
For Detailed Segment Analysis: Request a Sample
Report
By
Type
- Independent Cloud Kitchen
- Commissary/Shared Kitchen
- Kitchen Pods
By
Nature
By Deployment
Offerings:
- Past Market Size and Competitive Landscape (2018 to 2023)
- Past Pricing and price curve by region (2018 to 2023)
- Market Size, Share, Size & Forecast by Different Segment |
2024−2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities,
and Key Trends by Region
- Market Segmentation – A detailed analysis by Type, Product,
Nature, Deployment, and Region
- Competitive Landscape – Profiles of selected key players by
region in a strategic perspective
- Competitive landscape – Market Leaders, Market Followers,
Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER's analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
Maximize Market Research is leading research firm, has also
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Virtual Fitting Room Market size was valued at
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Global Cloud Advertising Market size was valued at
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to 2030, reaching nearly USD 19.20
Bn.
Commercial Kitchen Appliances Market size was valued
at US$ 101.65 Bn in 2023 and the
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reaching nearly US$ 160.05
Bn.
Kitchenware Market size was valued at US$ 70.86 Bn. in 2023 and the total revenue is
expected to grow at a CAGR of 4.5% through 2024 to 2030, reaching
nearly US$ 96.44 Bn.
About Maximize Market Research:
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of the industries we cover include medical devices, pharmaceutical
manufacturers, science and engineering, electronic components,
industrial equipment, technology and communication, cars and
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beverages, personal care, and automated systems. We provide
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