The Global Cloud Kitchen Market size is valued at around USD 45 billion in 2023 and is estimated to grow at a CAGR of about 12.42% during the forecast period, i.e., 2024-30.
Key Findings of the Study: Cloud Kitchen Market
Global Cloud Kitchen Market Driver: Changing Consumer Preferences and the Increasing Penetration of Online Food Delivery Platforms Driving Market Growth
One of the main factors driving the Global Cloud Kitchen Market growth is evolving consumer preferences. Cloud kitchens provide a customized solution that meets the changing needs of consumers who are looking for food options that are more convenient, varied, and flexible. With ongoing digital transformation across economies primarily in the Western world and the Asia Pacific region, customers’ traction towards ordering food from a variety of cuisines, menu items, and themes for delivery or takeout is soaring. In addition, the cloud kitchen industry is being positively influenced by the rising usage of online food delivery platforms worldwide, as they enable customers to access unique culinary options and restaurants on their smartphones.
Cloud kitchen operators across countries like the US, Germany, India, China, Canada, France, GCC, etc., are gradually adapting to the changing tastes of customers by modifying their menus and products in response to changes in dietary habits, such as the increasing demand for healthier, plant-based, or allergy-free alternatives. Furthermore, market growth is spurred by the expansion of menu customization trends and seasonal specials that cater to an array of individual preferences and tastes.
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Scope of the Report and Cloud Kitchen Market Segmentation
By Type
-Independent Kitchen
-Commissary/Multi-brand Kitchen
-Kitchen Pods
-Outsourced Kitchen
· The independent kitchen segment held the dominant market share of the Global Cloud Kitchen Market in 2023, and the same trend is likely to prevail in the forthcoming years.
By Nature
-Franchised
-Standalone
By Product
-Burger/Sandwich
-Pizza
-Pasta
-Chicken
-Seafood
-Mexican & Asian Food
-Others
Top leading companies in the Cloud Kitchen Market includes:
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
Cloud Kitchen Market Development
· 2023: By launching two cloud kitchens in Riyadh, Rebel Foods diversified its interests into the Saudi Arabian market. The company intends to establish 60 online restaurants within the city over the next year, as per their outlined plans.
· 2023: Starbucks signed a deal with Travis Kalanick's Cloud Kitchens to expand delivery through DoorDash.
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Geographical analysis:
North America: USA, Canada, Mexico
South America: Brazil, Rest of South America
Europe: The UK, Germany, France, Spain, Italy, Rest of Europe
Asia-Pacific: China, India, Japan, South Korea, Indonesia, Thailand, Rest of Asia-Pacific
Middle East & Africa: Saudi Arabia, UAE, Egypt, Turkey, South Africa, Rest of Middle East & Africa
· Asia-Pacific is projected to be the fastest-growing Cloud Kitchen Market during 2024-30, with India & China as the leading contributors.
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