Global Cloud Kitchen Market (2022 to 2027) – Industry Trends, Share, Size, Growth, Opportunity and Forecasts – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Cloud Kitchen Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” report has been added to ResearchAndMarkets.com’s offering.
The global cloud kitchen market reached a value of US$ 56.71 Billion in 2021. Looking forward, the publisher expects the market to reach a value of US$ 112.53 Billion by 2027 exhibiting a CAGR of 11.50% during 2022-2027.
Companies Mentioned
- CloudKitchens
- DoorDash Inc.
- Kitchen United
- Kitopi
- Lightspeed Commerce Inc.
- PAR Technology Corporation
- POSist Technologies Pvt. Ltd.
- Rebel Foods
- Starbucks Coffee Company
- Swiggy
- Toast Inc.
Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
A cloud kitchen is a centralized virtual commercial space used to prepare delivery-optimized menu items or food consumed off the premises. It allows food businesses to optimize and expand delivery or takeout services at a minimal cost compared to conventional brick-and-mortar locations, which require physical dine-area and huge capital investment. Besides this, it also helps them focus on marketing, minimizing administrative hassle and logistics, and reaching a larger audience. As a result, it is gaining traction as an ideal business solution across the globe to meet the emerging food delivery demand of local restaurants and fast-food chains.
Due to the coronavirus disease (COVID-19) crisis, governing agencies of numerous countries have restricted dine-in services in restaurants and other commercial food establishments. Consequently, food businesses, including delivery-optimized restaurants, meal prep companies, caterers, and packaged food producers, worldwide are shifting to cloud kitchens to maintain business continuity and deliver food without added overhead or hassle.
Moreover, the growing popularity of online food delivery services on account of hectic working schedules and the escalating demand for convenient and quick meal options at affordable prices is stimulating the market growth. This can also be attributed to the increasing utilization of smartphones, easy access to high-speed internet and a vast catalogue. In addition, high startup costs and burdensome regulations associated with conventional food business models are augmenting the adoption of cloud kitchens to reduce extensive resources and optimize the delivery experience. Furthermore, market players are providing a comprehensive platform with seamless integration of point of sale (POS), kitchen display (KDS), and inventory management technologies, which is anticipated to strengthen the market growth.
Key Questions Answered in this Report:
- How has the global cloud kitchen market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global cloud kitchen market?
- What are the key regional markets?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the product type?
- What is the breakup of the market based on the nature?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global cloud kitchen market and who are the key players?
- What is the degree of competition in the industry?
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Cloud Kitchen Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
7 Market Breakup by Product Type
8 Market Breakup by Nature
9 Market Breakup by Region
10 SWOT Analysis
11 Value Chain Analysis
12 Porters Five Forces Analysis
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/r/2nwa0
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