A cloud kitchen's labor force consists of head chefs, sous chefs, dishwashers, managers, and delivery drivers. 4.1 Overview 9.3.4.2 Market Forecast 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. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2017-2028. 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 10.5 Threats Cloud Kitchen Market research report 2028 has been accomplished by experienced and well-informed market analysts and researchers at MarkNtel Advisors.Along with market maturity analysis, concentration, and scope of development across the region, essential parameters including market size, revenue analysis, market value, and quantity are also described. 2.4 Market Estimation 7.4 Seafood The standalone segment is expected to register a significant CAGR over the forecast period. Find the highest rated Cloud Kitchen Management software pricing, reviews, free demos, trials, and more. The global cloud kitchen market size was estimated at 56.71 billion U.S . Table 3: Global: Cloud Kitchen Market Forecast: Breakup by Product Type (in Million US$), 2022-2027 Market Analysis and Insights: Global Cloud Kitchen Market . Advancements in technology are also helping restaurateurs to operate more efficiently and increase their profit margins. COVID-19 The pandemic continues to cause unprecedented disruption across industries worldwide. Do Twitter Opinions Lead to Great Stock Returns? A cloud kitchen is a takeaway outlet that does not provide a dine-in facility. Figure 22: Global: Cloud Kitchen (Mexican and Asian Food) Market: Sales Value (in Million US$), 2016 & 2021 A web/app-based ordering system in cloud kitchens allows for more flexibility when it comes to setting up a menu, and its pricing as a dish can easily be discarded based on customer feedback without incurring any printing menu costs. Figure 45: South Korea: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 Brands that use cloud kitchens can also run a virtual restaurant or a brick-and-mortar restaurant. The franchised segment dominated the cloud kitchen market in 2020, accounting for more than 60% of the revenue share. Figure 76: Middle East and Africa: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 Currently, independent cloud kitchen holds the majority of the total market share. Establishing standalone kitchens as a brand requires time and therefore adoption is less in comparison to franchise stores. 2. As cloud kitchens work entirely on the delivery-only model, restaurateurs could easily continue their businesses and serve customers efficiently. 9.3.4 Italy Cloud Kitchen Market Share Analysis Report, 2021-2028. The best part is that a company can customize its restaurant management software . Figure 2: Global: Cloud Kitchen Market: Sales Value (in Billion US$), 2016-2021 Cloud kitchens are high-profit, low-risk business ventures for restaurant owners, caterers, food entrepreneurs and other food businesses. Figure 50: Others: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 Figure 31: North America: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 Cloud Kitchen market is segmented by players, region (country), by Type and by Application. 9.2.4 South Korea It is an internet-enabled delivery restaurant. Region Wise the global trend is analyzed across : This Cloud Kitchen Market Research/Analysis Report Contains Answers to your following Questions. Apart from your own site/app, you can also consider geo-spatial data, spotting locations where a lot of latent demand already in terms of food delivery app installs, searches, and orders places. 14.3.4.1 Company Overview 14.3.3.2 Product Portfolio 1. 5 Global Cloud Kitchen Market By looking at the past 5 years data of USD to INR we see that from January 2018 there has been a significant deprecation in rupee and since mid-2020s rupee kept being quite volatile. 9.4.2 Mexico Moreover, restaurants with the sole purpose of delivering foods targeted to specific customers can operate under more than one brand from the same kitchen, allowing them to make the most of their ingredients and reduce additional raw material costs. Figure 63: Spain: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 14.3.6.1 Company Overview 7.2.1 Market Trends Some well-known cloud-kitchens are Swiggy Access, Kitopi, DoorDash, etc. 6. Kitchen - Real-time alert of deviations from original order. Figure 30: North America: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 Figure 33: United States: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 Independent cloud kitchens primarily target consumers that prefer a single cuisine type and largely depend on third-party channels for delivery. Table 6: Global: Cloud Kitchen Market: Competitive Structure 9.2.1.1 Market Trends At REEF, we pay extra attention to overtime rate, and this is metric you should emphasize on as well. Figure 4: Global: Cloud Kitchen Market: Breakup by Type (in %), 2021 Moreover, varying degrees of lockdowns and related restrictions in several countries globally have helped the food delivery service model gain increased prominence. 14.3.5.3 Financials 2.4.1 Bottom-Up Approach Ltd., Rebel Foods, Starbucks Coffee Company, Swiggy and Toast Inc. 1 Preface Copyright 2023 MarketWatch, Inc. All rights reserved. Ltd., Rebel Foods, Starbucks Coffee Company, Swiggy and Toast Inc. PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request). Its Data, Not Reality: On Situated Data With Jill Walker Rettberg, How we added RNN to our Time Series SkillsIn 3 Steps. 9.2.7.1 Market Trends IMARC offers market research reports and consulting services to clients consisting of, but not limited to, SMEs and Fortune 500 companies. 9.3.7.2 Market Forecast Cloud kitchen model also reduced the cost of starting up a food brand, and many first-time restaurateurs embraced the model. The guest experience is crucial. Attractive Opportunities In the Cloud Kitchen Market: The Global Cloud Kitchen market is anticipated to rise at a considerable rate during the forecast period, between 2023 and 2028. You need business acumen to run a successful restaurant, but . 14.3.7.2 Product Portfolio 9.3.1.2 Market Forecast Source. The Model can be used for creating a business plan for any size of the business by using a combination of revenue from: 1. Free report customization (equivalent up to 8 analysts working days) with purchase. Cloud kitchen GMV 2018-2025. Figure 20: Global: Cloud Kitchen (Seafood) Market: Sales Value (in Million US$), 2016 & 2021 The study includes market share analysis and profiles of players such as Dahmakan (Pop Meals), DoorDash, Kitchen United, Kitopi, Rebel Foods, Zuul Kitchens, Inc., Starbucks Coffee Company, Ghost . The Qualitative Analysis Of Cloud Kitchen Emerging As A Viable Food & Beverage (F&B) Alternative Post COVID-19. 14 Sep, 2022, 03.26 PM IST. 9.3.6 Russia While the growth of Global Cloud Kitchen Market is currently hindered by; Increase in health issues due to consumption of fast food and Competition from fine dining and quick service restaurant (QSRs). Figure 36: Asia-Pacific: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 Our report has categorized the market based on type, product type and nature. Which nature segment dominated the cloud kitchen market? Based on the nature, the global cloud kitchen market can be categorized into franchised and standalone. The biggest cloud kitchen operator in the US has a data science team dedicated to achieve operational excellence. Aussie technical support and expertise backed by over 30 years of experience, industry knowledge, training and ongoing commitment to our customers.As a former Telstra enterprise solutions partner, Cloud Kitchen is the logical choice to provide scalable whole-of-business solutions across all areas of Voice, Data, Internet, Mobility, Cloud and Business Continuity. Kitchen United, Kitopi, Lightspeed Commerce Inc., PAR Technology Corporation, POSist Technologies The order process is fully done online, and foods are delivered to you by food delivery businesses. 9.2.3 India Figure 51: Others: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 Based on the product type, the global cloud kitchen market has been divided into burger and sandwich, pizza and pasta, chicken, seafood, Mexican and Asian food, and others. After getting the forecasted sales data, its important for the kitchen managers to allocate labor accordingly, maximizing the operation efficiency and minimizing overtime rate. 14.3.11.1 Company Overview Pvt. Figure 48: Indonesia: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 The increasing consumer preference for international cuisines, fast foods, and online ordering is expected to drive the growth of the segment. Get a Sample PDF of report -https://www.360researchreports.com/enquiry/request-sample/19891693. 9.1.1 United States Thus, benefits such as the minimal risk involved in establishing a cloud kitchen and gaining a considerable profit share are expected to drive the growth of the segment. This drives us to provide you with custom or syndicated research reports. My brother died 10 months later. . 9.5.1 Market Trends For this study, Grand View Research has segmented the global cloud kitchen market report based on type, nature, and region: Type Outlook (Revenue, USD Million, 2017 - 2028), Nature Outlook (Revenue, USD Million, 2017 - 2028), Regional Outlook (Revenue, USD Million, 2017 - 2028). If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. The report comprises an analysis of leading market players, the . Some of the prominent players operating in the global cloud kitchen market are: Revenue in USD million and CAGR from 2021 to 2028, Revenue forecast, company ranking, competitive landscape, growth factors, and trends, North America; Europe; Asia Pacific; Latin America; MEA, U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico, Dahmakan (Pop Meals); DoorDash; Kitchen United; Kitopi; Rebel Foods; Zuul Kitchens, Inc; Starbucks Coffee Company; Ghost Kitchen Orlando; CloudKitchens; Swiggy. Get the full research here. Another proxy for demand can be ads click-through-rate (CTR). Get a Sample Copy of the Cloud Kitchen Report 2022. If you want to be more exact, use #orders/(#searches + #ad clicks). 7.6 Others 4.2 Key Industry Trends Restaurant owners or food business entrants sidestepping high rents and real estate costs by shedding the front-of-house. Anyway, this brings us to the concept of Cloud Kitchen. Figure 15: Global: Cloud Kitchen (Burger and Sandwich) Market Forecast: Sales Value (in Million US$), 2022-2027 Figure 67: Others: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 The Gross Merchandize value of cloud kitchens in India was estimated to be about 2.3 billion U.S. dollars in 2025. 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. Choosing the right rental space. Figure 39: China: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 Figure 1: Global: Cloud Kitchen Market: Major Drivers and Challenges 6. Figure 46: Australia: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 Figure 80: Global: Cloud Kitchen Industry: Value Chain Analysis Figure 26: Global: Cloud Kitchen (Franchised) Market: Sales Value (in Million US$), 2016 & 2021 9.2.6.2 Market Forecast To get more information on the regional analysis of this market, Request Sample. 7.2 Pizza and Pasta The franchised segment dominated the cloud kitchen market in 2020, accounting for more than 60% of the revenue share. 2.1 Objectives of the Study 2.5 Forecasting Methodology Report Overview. 9 Market Breakup by Region 7.5.1 Market Trends The model can be used by start-ups to create 5 years projections along with the construction/setup phase. 3. Its premise is pretty simple: no storefront, no dining facilities, just a common kitchen space for cooking (single or multiple cuisines under one roof), and the facility of online ordering and delivery via food aggregators like Zomato and Swiggy. To start with, think about #search (number of searches). A cloud kitchen is a . Cloud Kitchen Market - Segmentation Analysis: Which segment is expected to lead the global Cloud Kitchen market during the forecast period? Microsoft confirms plans to lay off about 10,000 workers as tech companies cut back. The global cloud kitchen market size was estimated at USD 51.96 billion in 2020 and is expected to reach USD 61.62 billion in 2021. b. 7.4.2 Market Forecast Cloud Kitchen Market : A Comprehensive Analysis of the Global Industry from 2023 to 2028, Including Size, Share, Growth, and Trends Published: Jan. 10, 2023 at 5:00 a.m. Figure 59: United Kingdom: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 1. These services charge between 15% and 35% to restaurants as commission. Figure 40: Japan: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 14.3.9 Starbucks Coffee Company The popularity of international cuisines and tailored foods among consumers is encouraging operators to invest in popular brands. 9.3.3 United Kingdom Besides this, it also helps them focus on marketing, minimizing administrative hassle and logistics, and reaching a larger audience. Who are the key players in the cloud kitchen market? This website is secure and your personal details are safe. 14.3.2.3 Financials These insights are included in the report as a major market contributor. Our research analysts will help you to get customized details for your report, which can be modified in terms of a specific region, application or any statistical details. Labor optimization is the part that is most in need of data analytics the most in operation. Comprehensive analysis of factors that will challenge the growth of cloud kitchen market vendors Gain instant access to 17,000+ market research reports. Figure 23: Global: Cloud Kitchen (Mexican and Asian Food) Market Forecast: Sales Value (in Million US$), 2022-2027 https://www.360researchreports.com/enquiry/request-sample/19891693, https://www.360researchreports.com/enquiry/pre-order-enquiry/19891693, https://www.360researchreports.com/purchase/19891693, Cloud Kitchen Market : A Comprehensive Analysis of the Global Industry from 2023 to 2028, Including Size, Share, Growth, and Trends. The sudden outbreak of the COVID-19 pandemic has led to the rising adoption of cloud kitchen by numerous eateries, owing to the increasing demand for convenient and safe online food delivery services to combat the risk of the coronavirus infection. If the CTR is high in a certain timeframe, then you can plan labor and inventory accordingly. Published Date: March 1, 2020. It has a market valued at USD 0.65 Billion in 2018 and is expected to reach USD 2.63 Billion by the year 2026, at a CAGR of 17.2%. What is the breakup of the global cloud kitchen market based on the type? Moreover, the growing popularity of online food delivery services on account of hectic working schedules and the escalating demand for convenient and quick meal options at affordable prices is stimulating the market growth. Should I ask his son for his share? 6.2 Commissary/Shared Kitchen By setting the right metrics, conducting descriptive, diagnostic and predictive analysis using analytical tools, one can improve Cloud Kitchen performance in areas like marketing and operation. Restaurants are increasingly renting out their kitchen spaces to different food service providers as an additional source of income. It also provides a dashboard overview of the past and present performance of leading companies. Figure 11: Global: Cloud Kitchen (Commissary/Shared Kitchen) Market Forecast: Sales Value (in Million US$), 2022-2027 7. The global cloud kitchen market size reached US$ 56.71 Billion in 2021. Factors such as the increasing buying power of consumers, access to several digital touchpoints, and a rise in demand for fast foods are favoring the development of ghost kitchens in the region. 9.3.5.1 Market Trends A Cloud Kitchen that has been operated for a relatively long period of time can use its past order data to build time series models and forecast demand. North America is expected to register a CAGR of around 10% over the forecast period. 13 Price Analysis Use of Workplaces, Household, Schools, Others and in multiple sectors has led to significant growth in demand for Cloud Kitchen in the market. 14.3.9.3 Financials 8.2.2 Market Forecast enhance our services. Final Report will add the analysis of the impact of Russia-Ukraine War and COVID-19 on this Cloud Kitchen industry. If you are one of the restaurant business owners at the cloud kitchen vessels, or individuals interested in the cloud kitchen space, you would probably want to have a good understanding of the demand in the area and have a relatively accurate sales forecast to plan accordingly. 6.3.2 Market Forecast Here we'll be using sample dummy data on cloud kitchen to do data analysis in Excel. Furthermore, an efficient cloud kitchen incorporates data analysis and supply chain management to generate forecasts and projections, decreasing food waste and stock out. 9.1.2.2 Market Forecast Suppose you find burger orders tend to be popular near certain residential areas, you can run an ad campaign specifically about burgers at that time, and measure the click through rate. Figure 58: United Kingdom: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 14.3.6.2 Product Portfolio 9.2.4.1 Market Trends Table 1: Global: Cloud Kitchen Market: Key Industry Highlights, 2021 and 2027 A good proxy for supply can be #orders. 7.2.2 Market Forecast Global Cloud Kitchen Market, Split By Region, Historic . 360 Research Reports is the credible source for gaining the market reports that will provide you with the lead your business needs. 9.3.7.1 Market Trends Dine-in businesses, which contribute to nearly two-thirds of the food industry, were severely affected and faced intense financial crunch because of the lack of regular customer orders. Global Cloud Kitchen Market has good growth potential in the future due to the new market opportunities that are being created. The increasing trend of cloud kitchens across countries such as China and India is driving the regional market. Moreover, hectic life schedule and rise . Cloud Kitchen Market Size 2021: USD 63.0 Billion: Cloud Kitchen Market Forecast 2030: USD 373.4 Billion: Cloud Kitchen Market CAGR During 2022 - 2030: 22.0% Cloud Kitchen Market Analysis Period . Here's a quick idea on what a cloud, (dark, ghost or virtual) Kitchen is. As soon as the order is received, it gets updated in the KDS. There are analytics tools, such as locale.ai that help you consolidate this information. Figure 44: South Korea: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 People searching for burgers are at least having some intent to buy burgers for their meal. Figure 47: Australia: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 10.2 Strengths 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. However, in terms of the number of companies, Zomato appears to be in serious trouble! Press Release Distributed by The Express Wire, To view the original version on The Express Wire visit Cloud Kitchen Market : A Comprehensive Analysis of the Global Industry from 2023 to 2028, Including Size, Share, Growth, and Trends, COMTEX_422412995/2598/2023-01-10T05:00:39. Data Analytics in Cloud Kitchen. The independent cloud kitchen segment held the largest revenue share in 2020, accounting for around 60% of the overall cloud kitchen market. 10.3 Weaknesses Figure 19: Global: Cloud Kitchen (Chicken) Market Forecast: Sales Value (in Million US$), 2022-2027 14.3.1 CloudKitchens Access to user data and real-time adaptability. Servers, cashiers, hosts, and front. The independent cloud kitchen model - Single brand, single kitchen, no storefront. 2.4 Scale Your Business More Affordably. Profit margins are usually in the range of 10-15 percent as opposed to 5-10 percent as compared to restaurants," informs Dahiya. Furthermore, market players are providing a comprehensive platform with seamless integration of point of sale (POS), kitchen display (KDS), and inventory management technologies, which is anticipated to strengthen the market growth. Because in the hospitality and restaurant industry, labor cost takes one of the biggest parts of the cost structure. 14.3.8 Rebel Foods Though cloud kitchens as a concept are new to the world, they are spread across geographies and countries. This can also be attributed to the increasing utilization of smartphones, easy access to high-speed internet and a vast catalogue. 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. From 2018 to 2020 the revenue of the company went from just $ 65 million to $ 368 . 9.2.6.1 Market Trends The flexibility of operating ghost kitchens from any location, ranging from parking spaces and warehouses to basements, is another key factor adding to the popularity of cloud kitchens. 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. 8. With services like UberEats, DoorDash, PostMates, Deliveroo, Eat24, Amazon Restaurants, Swiggy, etc., food has become available through just a few clicks. 14.3.10.1 Company Overview 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. Ltd. 8.1.1 Market Trends 14.3.1.2 Product Portfolio In the global market, the core manufacturers of cloud kitchen include Franklin Junction, Kitchen United, Nextbite ,REEF Technology, Virturant, CloudKitchens, Kitopi, The Local Culinary, Amped Kitchens, Fulton Kitchens, Just Kitchen, Freshlane, Panda Selected, Keatz and Rebel Foods etc, and the top 15 manufacturers account for about 15% of the market share. The Model can be . A cloud kitchen utilizes a commercial kitchen for the purpose of preparing food for delivery or takeout only, with no dine-in customers. Figure 72: Mexico: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 What are the key driving factors for the growth of the Cloud Kitchen Market? ( UK: +44-753-713-2163 ) Manager total branch data and analysis for a given time frame. Cloud layer gathers all sensory data which are heterogeneous in nature and uses datamining algorithms to . 6.2.1 Market Trends 9.4.3 Others Recognizing the full potential of the market, several food aggregators are investing in such kitchens and introducing several brands as their private labels. No longer than 30 minutes after you finally made up your mind and hit the check out button, the meals are delivered to your door, hot and ready to eat. Figure 43: India: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 9.2.5.1 Market Trends 14.3.9.2 Product Portfolio 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. Global Cloud Kitchen Market 2022-2027 Analysis and Segmentation: Competitive Landscape: . On the other hand, stationary restaurants also use separate cloud kitchens to enable more efficient delivery. The India cloud kitchen market is expected to exhibit a CAGR of 15.45% during 2022-2027. What has been the impact of COVID-19 on the global cloud kitchen market? "Setting up a cloud kitchen typically requires 1/3rd of the investment required to set up a restaurant on account of lower rental costs. 6.3 Kitchen Pods Visit a quote page and your recently viewed tickers will be displayed here. Figure 52: Europe: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 9.2.2.2 Market Forecast A cloud kitchen is a centralized virtual commercial space used to prepare delivery-optimized menu items or food consumed off the premises. The global cloud kitchen market size was valued at USD 51.96 billion in 2020 and is expected to expand at a compound annual growth rate(CAGR) of 12.4% from 2021 to 2028. Figure 61: Italy: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 Is the credible source for gaining the market reports that will challenge the growth of kitchen! 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