By calculating the proportion of conversions over the search and clicks, we can see how we are responding to users needs. 8.1.2 Market Forecast Create regional and country strategies on the basis of local data and analysis. 4 Introduction ( UK: +44-753-713-2163 ) 7.3 Chicken 9.3.3 United Kingdom The competitive landscape of the industry has also been examined along with the profiles of the key players being CloudKitchens, DoorDash Inc., Kitchen United, Kitopi, Lightspeed Commerce Inc., PAR Technology Corporation, POSist Technologies Pvt. 9.3.5 Spain On the other hand, stationary restaurants also use separate cloud kitchens to enable more efficient delivery. With our tool, district managers at REEF can minimize the overtime labor hours, increasing operational profit. Benefits Of Setting Up A Cloud Kitchen In Singapore. Figure 21: Global: Cloud Kitchen (Seafood) Market Forecast: Sales Value (in Million US$), 2022-2027 It provides a thorough overview of the market's current and future objectives, along with a competitive analysis of the industry, broken down by application, type and regional trends. At 360 Research Reports, our objective is providing a platform for many top-notch market research firms worldwide to publish their research reports, as well as helping the decision makers in finding most suitable market research solutions under one roof. Owing to the large range of benefits, along with the rising real-estate costs and competition among dine-in restaurants, entrepreneurs and restaurateurs are expected to increasingly adopt ghost kitchens in the near future. It is primarily virtual and is reliant on food delivery apps, website/web portal orders, and/or calls to generate sales. Global Cloud Kitchen Scope and Market Size. Please fill out the form below for a free PDF report sample & 6. An integrated Kitchen Display System (KDS) will optimize order preparation time. The global cloud kitchen market size reached US$ 56.71 Billion in 2021. 9.4.2 Mexico 1. The popularity of international cuisines and tailored foods among consumers is encouraging operators to invest in popular brands. Privacy policy. 2.1 Better Delivery Efficiency. 10.4 Opportunities 14.3.6 PAR Technology Corporation CloudKitchens, DoorDash Inc., Kitchen United, Kitopi, Lightspeed Commerce Inc., PAR Technology Corporation, POSist Technologies Pvt. Figure 32: United States: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 Restaurant owners or food business entrants sidestepping high rents and real estate costs by shedding the front-of-house. 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 Jan 10, 2023 (The Expresswire) -- We expect the global cloud kitchen market to exhibit a CAGR of 11.50% during 2022-2027. 7.2.2 Market Forecast 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. 13 Price Analysis Jain (Deemed-to-be-University), Bangalore, Karnataka, INDIA. What was the size of the global cloud kitchen market in 2021? This website is secure and your personal details are safe. They cover three aspects: demand, supply and operation. 14.3.9.2 Product Portfolio 6.1.1 Market Trends 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). The franchised segment dominated the cloud kitchen market in 2020, accounting for more than 60% of the revenue share. 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). You scrolled through a dozen options before deciding on one of those restaurants. At REEF, we pay extra attention to overtime rate, and this is metric you should emphasize on as well. COVID-19 The pandemic continues to cause unprecedented disruption across industries worldwide. Because they are designed with tech in mind, cloud kitchens can optimize processes, ordering, and staff scheduling based on consumer behavior. ET Pay attention to the metric if it gives you a low number, which indicates supply problems instead of demand problems. Experts predict the food delivery service market to grow from $107.44 billion in 2019 to $111.32 billion in 2020, to $154.34 billion in 2023 a 43.6% increase in only four years. 9.5 Middle East and Africa The sudden outbreak of the COVID-19 pandemic has led to the rising adoption of cloud kitchen by numerous eateries, owing to the increasing demand for convenient and safe online food delivery services to combat the risk of the coronavirus infection. If the CTR is high in a certain timeframe, then you can plan labor and inventory accordingly. 6.2 Commissary/Shared Kitchen b. online dashboard trial. As known as ghost kitchens, shadow kitchens, virtual kitchens and dark kitchens, Cloud Kitchen is a restaurant with an online presence but no storefront (dine-in facilities). What are the key factors driving the global cloud kitchen market? If you are one of the restaurant business owners at the cloud kitchen vessels, or individuals interested in the cloud kitchen space, you would probably want to have a good understanding of the demand in the area and have a relatively accurate sales forecast to plan accordingly. Moreover, varying degrees of lockdowns and related restrictions in several countries globally have helped the food delivery service model gain increased prominence. 3. Figure 4: Global: Cloud Kitchen Market: Breakup by Type (in %), 2021 This can also be attributed to the increasing utilization of smartphones, easy access to high-speed internet and a vast catalogue. 6.2.2 Market Forecast The India cloud kitchen market is expected to exhibit a CAGR of 15.45% during 2022-2027. Though cloud kitchens as a concept are new to the world, they are spread across geographies and countries. The commissary/shared kitchen segment is expected to register a CAGR exceeding 13.0% over the forecast period. Figure 35: Canada: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 Figure 43: India: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 The new report titled Cloud Kitchen Market : By Size, Trends, Share, Growth, Segments, Industry Analysis and Forecast, 2032. issued by Polaris Market Research demonstrates comprehensive information that acts as a valuable source of insightful data for business strategists throughout the forecast period. Furthermore, an efficient cloud kitchen incorporates data analysis and supply chain management to generate forecasts and projections, decreasing food waste and stock out. Figure 51: Others: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 Figure 19: Global: Cloud Kitchen (Chicken) Market Forecast: Sales Value (in Million US$), 2022-2027 Brands that use cloud kitchens can also run a virtual restaurant or a brick-and-mortar restaurant. Figure 24: Global: Cloud Kitchen (Other Product Types) Market: Sales Value (in Million US$), 2016 & 2021 7.2.1 Market Trends Figure 33: United States: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 Figure 42: India: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 9.2.4.2 Market Forecast Global Cloud Kitchen Market has good growth potential in the future due to the new market opportunities that are being created. Final Report will add the analysis of the impact of Russia-Ukraine War and COVID-19 on this Cloud Kitchen industry. 9.1.1.1 Market Trends Report Summary. Players, stakeholders, and other participants in the global Cloud Kitchen market will be able to gain the upper hand as they use the report as a powerful resource. 6.3.1 Market Trends 9.1 North America The franchised segment dominated the cloud kitchen market in 2020, accounting for more than 60% of the revenue share. The following elements must be included in the business plan: Business Summary : A business summary should ideally explain the concept of your cloud kitchen in a concise manner. This site uses cookies (including third-party cookies) to record users preferences which help us to The organization uses Cloud storage like Amazon Redshift to store all the data, which is connected to Tableau, its data visualization tool and Workforce, its scheduling system. Figure 62: Spain: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 9.4.1.2 Market Forecast The 6 Cloud Kitchen Business Models. The standalone segment is expected to register a significant CAGR over the forecast period. Cloud analytics is the process of storing and analyzing data in the cloud and using it to extract actionable business insights. Figure 79: Global: Cloud Kitchen Industry: SWOT Analysis Its premise is pretty simple: no storefront, no dining facilities, just a common kitchen space for cooking (single or multiple cuisines under one roof), and the facility of online ordering and delivery via food aggregators like Zomato and Swiggy. 9.3.2.2 Market Forecast 7.5.1 Market Trends 9.3 Europe Big cloud kitchen data analysis with cost savings when moving to the scalability of operations has to focus on ambiance,,. Over the years, there has been a rise in number of workforces in various demographic segments. Figure 64: Russia: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 14.3.6.2 Product Portfolio Abstract:- Cloud Kitchen is a business space accessible to create food, explicitly for orders or conveyance of the clients. Figure 38: China: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 9.2.1 China Table 3: Global: Cloud Kitchen Market Forecast: Breakup by Product Type (in Million US$), 2022-2027 The Model can be used for creating a business plan for any size of the business by using a combination of revenue from: 1. Figure 20: Global: Cloud Kitchen (Seafood) Market: Sales Value (in Million US$), 2016 & 2021 The concept of a cloud kitchen is simple. Some key players operating in the cloud kitchen market include Dahmakan (Pop Meals); DoorDash; Kitchen United; Kitopi; Rebel Foods; Zuul Kitchens, Inc; Starbucks Coffee Company; Ghost Kitchen Orlando; CloudKitchens; Swiggy. Furthermore, the rising demand for digital ordering solutions favors market growth. 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. 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