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Cloud Kitchen Market size was valued at $43.1 billion in 2019, and is estimated to reach $71.4 billion by 2027 with a CAGR of 12.0% from 2021 to 2027.
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Huge Demand For Cloud Kitchen Market To Grow At A CAGR Of 12.0% From 2021 To 2027 Global Opportunity Analysis and Industry Forecast, 2021–2027
Cloud Kitchen Market Outlook, 2021-2027 • The global cloud kitchen market size was valued at $43.1 billion in 2019, and is estimated to reach $71.4 billion by 2027 with a CAGR of 12.0% from 2021 to 2027. • Download PDF Sample Report: • Cloud kitchens are also known as dark or shared kitchens. Cloud kitchens are delivery-only kitchens, which can be owned by a brand or third party working with various brands. Brands which are using cloud kitchens can also operate virtual restaurants or brick-and-mortar restaurant. Moreover, on the flip side brick-and-mortar restaurants are using separate cloud kitchen to provide more efficient delivery. In addition, the rise of on-demand food delivery is becoming a key trend in the food and beverages industry. Therefore, cloud kitchens represent a crucial element of this process, as large numerous operators adapt their businesses to a rising trend of online food delivery demand. As freshly prepared snacks and meals are becoming a large part of our lives owing to which more production of food will move into the cloud, which will also result in boosting the growth of the cloud kitchen market.
Cloud Kitchen Market Segments • The cloud kitchen market is segmented into type, product type, nature, and region. By type, the market is categorized into kitchen, commissary/shared kitchen, and kitchenpods. By product type, it is classified into burger/sandwich, pizza/pasta, chicken, seafood, Mexican/Asian food and others. By nature, it is bifurcated into franchised and standalone. By region, it is analyzed across North America (U.S., Canada, and Mexico), Europe (UK, Germany, France, Italy, Spain, and rest of Europe), Asia-Pacific (China, Japan, India, Australia & New Zealand, ASEAN and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa). • By type, the independent cloud kitchen segment led in terms of market share in 2019, and is expected to retain its dominance during the forecast period. This is attributed to an increase in demand for international cuisines like Thai food and Chinese food globally. • By product type, the burger/sandwich segment holds the largest cloud kitchen market share, accounting for 23.7% of the total revenue in 2019, followed by chicken segment. This is attributed to increase in demand for fast food products by millennial and Gen Z consumers across the globe. • By nature, the franchised segment led in terms of market value in 2019, and is expected to retain its dominance during the forecast period. Moreover, the trend of franchising is increasing amongst the stakeholder as it helps in expansion of the business and it requires less capital owing to which stakeholders are more interested in giving franchising of their cloud kitchens.
Cloud Kitchen Market Key Players • The key players operating in the cloud kitchen industry include Kitchen United, Rebel Foods, DoorDash Kitchen, Zuul Kitchen, Keatz, Kitopi, Ghost Kitchen Orlando, Dahmakan, Starbucks (Star Kitchen) and Cloud Kitchen.
Key Benefits For Stakeholders • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the cloud kitchen market analysis from 2019 to 2027 to identify the prevailing cloud kitchen market opportunities. • The market research is offered along with information related to key drivers, restraints, and opportunities. • Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier–buyer network. • In-depth analysis of the cloud kitchen market segmentation assists to determine the prevailing cloud kitchen market opportunities. • Major countries in each region are mapped according to their revenue contribution to the global market industry. • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players. • The cloud kitchen market report includes the analysis of the regional as well as global cloud kitchen market trends, key players, market segments, application areas, and market growth strategies.
By Region • North America • U.S. • Canada • Mexico • Europe • UK • Germany • France • Italy • Spain • Rest of Europe • Asia-Pacific • China • Japan • India • Australia & New Zealand • ASEAN • Rest of Asia-pacific • LAMEA • Latin America • Middle East • Africa
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