Market Overview: Global Cloud Kitchen Market
MarkNtel Advisors, a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. Recently published a report on the Global Cloud Kitchen Market and provide your business with the latest market trends and analysis from our reports to make informed decisions and stay ahead of the competition.
Cloud Kitchen Market Insights 2024-30
The Global Cloud Kitchen Market size was valued at USD 45 Billion in 2023 is expected to grow at a CAGR of around 12.42% during the forecast period, i.e., 2024-30.
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Top Players in the Cloud Kitchen Market:
- Kitchen United
- Rebel Food
- Doordash Kitchen
- Zuul Kitchen
- Keatz
- Kitopi
- Dahmakan
- Starbucks (Starbucks Kitchen)
- Zomato
- Foodpanda
- GrabFood
- GoFood Kitchen
- Swiggy
- KitchenConnect
- GrabKitchen
- Avane Cloud Kitchens
- Others
Segmentation Analysis of Cloud Kitchen Market
Cloud Kitchen Market exactly assesses and highlights significant trends and influencing factors within each segment. The comprehensive analysis extends its predictions for the period spanning 2024-30, focusing on the national landscape. The market is exactly categorized based on this analysis, providing valuable insights into its various facets.
-By Nature
- Franchised
- Standalone
Here, franchised cloud kitchens hold a significant market share, mainly due to the less capital required for franchising a brand, owing to which more more stakeholders are showing greater interest in these cloud kitchens. Large restaurant chains with high brand equity and offerings, such as international cuisines, customized dishes, excellent service quality, are becoming increasingly popular globally and, consequently, instigating stakeholders to opt for franchised cloud kitchens.
Several stakeholders are becoming aware that investing in well-established brands involves fewer risks as franchisors provide adequate training support associated with aspects like supplies, equipment, staff, marketing. Therefore, the ever-growing popularity of franchised kitchens is significantly contributing to the cloud kitchen industry expansion worldwide.
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-By Type
- Independent Kitchen
- Commissary/Multi-brand Kitchen
- Kitchen Pods
- Outsourced Kitchen
A Comprehensive Geographical Analysis:
-By Region
- North America
- South America
- Europe
- The Middle East Africa
- Asia-Pacific
Asia-Pacific is projected to be the fastest-growing Cloud Kitchen Market during 2024-30, with India China as the leading contributors. Burgeoning disposable incomes, the massive consumer base, increased penetration of the internet smartphones, the hectic lifestyles of the working population, and consequently, rapidly rising online food delivery orders are the major driving forces for the industry. The young population, especially in India, China, Japan, is the most prominent end-user of online food delivery services and thus significantly contributes to the rapidly expanding cloud kitchen market in Asia-Pacific.
Additionally, the booming economies of these countries and ever-growing consumer inclination toward international cuisines further indicate lucrative prospects for the top players operating in the industry. Moreover, the easy availability of cheap labor and generous financing by investors due to favorable norms would also bode well for the Asia-Pacific Cloud Kitchen Market in the coming years.
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MarkNtel Advisors is a leading market research company, consulting, data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial varied client base, including multinational corporations, financial institutions, governments, individuals, among others.
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