report-bg

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

Buy Now
Report ID: 3928 | Published On: Feb 06, 2023
Request Free Sample Copy

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


Cloud Kitchen Market
Get more information on this report: Request Sample PDF

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.


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   


Research and Development Expenditure (% of GDP)
Get more information on this report: Request Sample PDF

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

In The News

  • April 2022: IBSRELA the first and only NHE3 inhibitor for the treatment of irritable bowel syndrome with constipation (IBS-C) in adults, has been made available by the biopharmaceutical company Ardelyx. The first Ardelyx product to receive approval from the US Food and Drug Administration is IBSRELA.
  • March 2022: Indegene a provider of technology-driven healthcare solutions, & meta Me Health, a maker of Regulora and a Prescription Digital Therapeutics (PDT) business, teamed up to offer Regulora as a remedy for irritable bowel syndrome-related stomach pain (IBS).

Global Economic Impact

Request Insights
Despite Inflation & Fearing Recession, Businesses Across the Globe Expected to Do Better in 2023:

In 2023, market players might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain.
Controlling Inflation has become the first priority for global economies from last quarter of 2022 and to be followed in 2023. With skewed economic situations, rise in interest rate by governments to control spending and inflation, spiked oil and gas prices, high inflation, geo-political issues including U.S. & China trade war, Russia-Ukraine conflict to intensify the global economic issues.
The interest rates in the U.S. may be less sensitive in 2023 as compared to 2022; sigh of relief for businesses. Positive business sentiments, healthy business balance sheets, growth in construction spending (private construction value in 2022 stood at $1,429.2 billion, 11.7 percent (±1.0 percent) above the $1,279.5 billion spent in 2021, Residential construction in 2022 was $899.1 billion, up by 13.3 percent (±2.1 percent) from $793.7 billion in 2021, non-residential construction touched $530.1 billion, 9.1 percent (±1.0 percent) above the $485.8 billion in 2021.) showcases minimal impact of recession in the country.
Similarly, spiked spending in the European and major Asia economics including, India, China & Japan to showcase less impact on the global demand.

Key Questions Answered in the Report

1) What are the major factors driving the growth of the cloud kitchen market?

Ans: The major factors driving market growth owing to the growing emphasis of consumers for online food services over dining experience, and increasing usage of independent cloud kitchens by grocery stores.

2) What would be the CAGR of cloud kitchen market over the forecast period?

Ans: The market is anticipated to attain a CAGR of ~12% over the forecast period, i.e., 2022-2031.

5) Who are the major players dominating the cloud kitchen market?

Ans: The major players in the market are Rebel Foods Private Limited, Kitchen United, DoorDash, Inc., Zuul Kitchens, Inc., Kitopi Catering Services LLC, and others.

6) How are the company profiles selected?

Ans: The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

7) What are the segments in the cloud kitchen market?

Ans: The market is segmented by type, nature, product type, and by region.

8) Which segment captures the largest market size in the nature segment in the cloud kitchen market?

Ans: The franchised segment is anticipated to hold largest market size and is estimated grow at a robust CAGR over the forecast period and display significant growth opportunities.

8) What are the challenges affecting the market growth?

Ans: Limitations regarding food varieties offered by cloud kitchen are estimated to hamper the market growth.

8) Which region will provide more business opportunities for growth of cloud kitchen market in future?

Ans: North America will provide more business opportunities for market growth owing to the growing buying power of consumers, coupled with their access to several digital touchpoints.

Let Us Hear About Your Requirements:

Submit Your Request For Proposal (RFP)

Request Research Report Sample