Menu ×

CONSUMER GOODS & FOOD

Cloud Kitchen Market Segmentation by Type (Independent Cloud Kitchen, Commissary/Shared Kitchen, and Kitchen Pods); by Nature (Franchised, and Standalone); and by Product Type (Burger/Sandwich, Pizza/Pasta, Chicken, Seafood, Mexican/Asian Food, and Others) – Global Demand Analysis & Opportunity Outlook 2031

  • Text Size:

Inflation And Looming Recession to Haunt Businesses:

In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.

Request Insights

Purchasing power in the couPurchasing power in the country is expected to fell nearly by 2.5%. On the other hand, European countries to see the worst coming in the form of energy crisis especially in upcoming winters!! Right after COVID-19, inflation has started gripping the economies across the globe. Higher than anticipated inflation, especially in western world had raised concerns for national banks and financial institutions to control the economic loss and safeguard the interest of the businesses. Increased interest rates, strong USD inflated oil prices, looming prices for gas and energy resources due to Ukraine-Russia conflict, China economic slowdown (~4% in 2022) disrupting the production and global supply chain and other factors would impact each industry negatively.                                                         Request Insights

Read More

IN THE NEWS

  • December 2021- Rebel Foods invested USD 150 million for strategic brand investments and acquisitions in India and around the world, with the aim to scale new food brands.

  • October 2021- Kitchen United acquired software and ghost kitchen developer Zuul, a company that helps restaurateurs and other foodservice operators to grow their businesses.

Global Cloud Kitchen Market Highlights Over 2022 - 2031

The global cloud kitchen market is estimated to garner a large amount of revenue by growing at a CAGR of ~12% over the forecast period, i.e., 2022 – 2031. The growth of the market can be attributed to the growing emphasis of consumers for online food services over dining experience, and increasing usage of independent cloud kitchens by grocery stores worldwide. It is calculated that the user penetration in the online food delivery segment will be more than 22% in 2022. Also, the total number of users of online food delivery is evaluated to reach a value of more than 2 billion by 2026. Along with these, rising use of social media marketing, and surge in internet penetration across the globe are projected to offer abundant growth opportunities to the market in the near future. Furthermore, escalating demand for ready to eat food, coupled with hectic work schedule of millennials and Gen Z are also expected to drive market growth in the forthcoming years.

Cloud Kitchen Market

The market is segmented by type into independent cloud kitchen, commissary/shared kitchen, and kitchen pods, out of which, the independent cloud kitchen segment is anticipated to hold the largest share in the global cloud kitchen market. This can be accounted to the low start-up costs, and requirement of minimal infrastructure for setting up independent cloud kitchen. Additionally, on the basis of nature, the franchised segment is predicted to occupy the largest share during the forecast period owing to the rising trend of franchising among stakeholders. Apart from this, franchising helps in expansion of business with the requirement of less capital, which is also assessed to boost the growth of the market segment in the future. CLICK TO DOWNLOAD SAMPLE REPORT

Major Macro-Economic Indicators Impacting the Market Growth

Research and Development Expenditure (% of GDP)

The never-ending growth in internet accessibility around the world along with numerous technological advancements comprising 5G, blockchain, cloud services, Internet of Things (IoT), and Artificial Intelligence (AI) among others have significantly boosted the economic growth in the last two decades. As of April 2021, there were more than 4.5 billion users that were actively using the internet globally. Moreover, the growth in ICT sector has significantly contributed towards GDP growth, labor productivity, and R&D spending among other transformations of economies in different nations of the globe. Furthermore, the production of goods and services in the ICT sector is also contributing to the economic growth and development. As per the statistics in the United Nations Conference on Trade and Development’s database, the ICT good exports (% of total good exports) globally grew from 10.816 in 2015 to 11.536 in 2019. In 2019, these exports in Hong Kong SAR, China amounted to 56.65%, 25.23% in East Asia & Pacific, 26.50% in China, 25.77% in Korea, Rep., 8.74% in the United States, and 35.01% in Vietnam. These are some of the important factors that are boosting the growth of the market.

Global Cloud Kitchen Market Regional Synopsis

Regionally, the global cloud kitchen market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and the Middle East & Africa region. The market in North America is estimated to witness noteworthy growth over the forecast period on the back of the growing buying power of consumers, coupled with their access to several digital touchpoints. In addition, rising awareness levels about the benefits of cloud kitchens among foodservice operators is encouraging many franchised store outlets to establish cloud kitchens, which in turn is also expected to fuel the market growth in the region in the coming years. Moreover, the market in Asia Pacific is projected to grab the largest share during the forecast period ascribing to the rise in online food delivery services, coupled with escalating adoption of smartphone applications in the region. The total number of smartphone users in India surpassed a value of 740 million in the year 2019, which is projected to exceed 1 billion in 2040.

Cloud Kitchen Market Share

The global cloud kitchen market is further classified on the basis of region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC (Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook

Market Segmentation

Our in-depth analysis of the global cloud kitchen market includes the following segments:

By Type

  • Independent Cloud Kitchen
  • Commissary/Shared Kitchen
  • Kitchen Pods

By Nature

  • Franchised
  • Standalone

By Product Type

  • Burger/Sandwich
  • Pizza/Pasta
  • Chicken, Seafood
  • Mexican/Asian Food
  • Others

Growth Drivers

  • Growing Emphasis of Consumers for Online Food Services Over Dining Experience
  • Increasing Usage of Independent Cloud Kitchens by Grocery Stores

Challenges

  • Limitations Regarding Food Varieties Offered by Cloud Kitchen   

Top Featured Companies Dominating the Market

  • Rebel Foods Private Limited
    • Company Overview
    • Business Strategy
    • Key Product Offerings
    • Financial Performance
    • Key Performance Indicators
    • Risk Analysis
    • Recent Development
    • Regional Presence
    • SWOT Analysis 
  • Kitchen United
  • DoorDash, Inc.
  • Zuul Kitchens, Inc.
  • Kitopi Catering Services LLC
  • City Storage Systems LLC
  • Ghost Kitchen Orlando
  • Pop Meals
  • Swiggy
  • Starbucks Corporation

FREQUENTLY ASKED QUESTIONS


Related Reports


Disclaimer | Privacy Policy | Terms & Conditions | LOB

Copyright © 2022 Research Nester. All Rights Reserved