As per our research, the Global Cloud Kitchen Market is estimated to be $59.1 Billion in 2022 and is projected to reach a value of $140.17 Billion by the end of 2030.
The COVID-19 pandemic has had a huge impact on the hospitality and service sector among which was the food sector. All the restaurants, pubs, and other dine-in places were shut due to the lockdown and it was during this the concept of a cloud kitchen gained huge traction from the public as everyone stayed in and ordered food from outside. Further, the imposition of lockdowns across several nations resulted in the shutdown of dine-in restaurants and food joints propelling lucrative opportunities in the food business. Food businesses, including delivery-optimized restaurants, meal prep companies, caterers, and packaged food producers, worldwide started shifting to cloud kitchens to maintain business continuity and deliver food without added overhead or hassle. A large number of people also became aware of the health risks of eating in packed restaurants and preferred to take away or order home. Therefore, cloud kitchen is one of the very few industries whose overall impact on it was positive and also led to the emergence and growth of a new service sector.
The rise of on-demand food delivery across the globe acts as one of the major factors driving the growth of the cloud kitchen market owing to the flexibility of operating ghost kitchens from any location, ranging from basements and warehouses to parking spaces, and high adoption of the ghost kitchens because of the large range of benefits further influence the market. Over the past few years, the food service sector has witnessed significant demand and is expected to witness exponential growth, owing to the high percentage of young and working population, with the rise in disposable income.
With increasing connectivity, infrastructure development, and technological advancement in different cities across the world, the high disposable income of people in those cities, hectic lifestyles, and the urge people to try different new varieties have been responsible for the emergence and growth of cloud kitchens to save consumer’s time and money while also quenching their appetite. The presence of online platforms has exposed Cloud Kitchens to its millions of users which has drastically increased its market size making it a very important factor in its growth.
However, high dependability on delivery applications and limited customer varieties as they are accessed through the internet, concerns regarding consumption of high amounts of carbs among the population, and high competition among players are the major factors expected to obstruct market growth.
Based on type, the independent cloud kitchen type segment has accounted for a major share of the market owing to an increase in demand for international cuisines such as Thai food and Chinese food globally. Additionally, a massive surge in online food delivery systems further boosted the overall growth of the cloud kitchen market
Based on product, the burger/sandwich segment held the largest cloud kitchen market share, accounting for around 25% of the total revenue in 2020, followed by the chicken segment. This is attributed to an increase in demand for fast food products by millennial and Gen Z consumers across the globe.
Based on nature, the franchised segment held a major share of the market and is projected to remain dominant during the cloud kitchen market forecast period. Moreover, the trend of franchising is increasing among stakeholders as it helps in the expansion of businesses and it requires less capital, owing to which stakeholders are more interested in giving franchises of their cloud kitchens.
Based on region, North America has dominated the Global Cloud Kitchen Market owing to the well-established market and increasing dependency of consumers on cloud kitchen. However, Asia-Pacific is anticipated to grow rapidly during the forecast period. Asia-Pacific region is also expected to make huge progress in markets as the disposable incomes in huge populous countries like India and China are increasing.
Companies playing a leading role in the Global Cloud Kitchen Market are Kitchen United, Rebel Foods, Doordash Kitchen, Zuul Kitchen, KEATZ, Kitopi, Ghost Kitchen Orlando, Dahmakan, and Starbucks (Star Kitchen). They are investing heavily in this market to expand business prospects and cover larger areas.
Independent Cloud Kitchen
Commisiory/Shared Kitchen
Kitchen Pods
Burger/Sandwich
Pizza
Pasta
Chicken
Seafood
Mexican/Asian
Others
Franchised
Standalone
North America
Europe
Asia-Pacific
South America
Middle East & Africa
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