Report Ocean has recently published the “Cloud Kitchen Market“ Research Report 2023-2031, offering a comprehensive analysis of the market. This report delves deep into the market dynamics, including key trends, upcoming technologies, drivers, challenges, and regulatory policies. It also features company profiles and strategies of prominent players in the industry. With over 100+ market data tables, pie charts, graphs, and figures, this global market study provides a thorough understanding of the market landscape. It presents a complete assessment, encompassing future trends, current growth factors, informed opinions, factual insights, and industry-validated market data, enabling accurate forecasts until 2031.
The global kitchen market size was valued at $43.1billion in 2019, and is estimated to reach $71.4billion by 2027 with a CAGR of 12.0% from 2021 to 2027. 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 restaurant or brick-and-mortar restaurant. Moreover, on the flip side brick-and-mortar restaurants are using separate cloud kitchen to provide more efficient delivery. Furthermore, rise in utilization of independent cloud kitchens by grocery stores, restaurant brands and multi-branded restaurants have augmented the growth of the cloud kitchen market.
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In addition, Kroger has partnered with food delivery service Cluster Truck to launch multiple independent cloud kitchen that serve up meal delivery from central kitchens. Moreover, hectic work schedule of millennial and Gen Z along with increase in demand for international cuisines such as Korean Tacos, Butter Chicken Dosa, Ramen Burgers and others, is boosting the growth of cloud kitchen market.
There has been an increase in number of users on various social media sites with rise in internet penetration. Considering this, most of the key players in the cloud kitchen market strategize on promoting their products and services on these social media platforms. Social media marketing is one of the major strategies adopted by various companies and industries to promote their product offerings. Thus, rise in use of social media marketing is anticipated to provide lucrative opportunity for the growth of the cloud kitchen market and eventually increase its customers.
However, the increase in number of fine dining and quick service restaurants such as Subway, McDonald, Starbucks, KFC, Pizza Hut, Restaurant Brands International, and Dunkin Donut, are one of the major factors that hampers the growth of the cloud kitchen market. In addition, this quick service restaurant have a global presence along with high amount of liquidity owing to which smaller cloud kitchen are unable to compete with this giants. Moreover, these giant quick service restaurants have large product offering, world class infrastructure along with best food delivery services, which attracts consumers. And hence, it affects the survival of cloud kitchen in the market.
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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 categorized 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)
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 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 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.
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.
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KEY MARKET SEGMENTS
– By Type
o Independent Cloud Kitchen
o Commissary/Shared Kitchen
o KitchenPods
– By Product Type
o Burger/Sandwich
o Pizza/Pasta
o Chicken
o Seafood
o Mexican/Asian Food
o Others
– By Nature
o Franchised
o Standalone
By Region
o North America
– U.S.
– Canada
– Mexico
o Europe
– UK
– Germany
– France
– Italy
– Spain
– Rest of Europe
o Asia-Pacific
– China
– Japan
– India
– Australia & New Zealand
– ASEAN
– Rest of Asia-pacific
o LAMEA
– Latin America
– Middle East
– Africa
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Table of Contents:
- Introduction and Scope
- Definition and Forecast Parameters
- Methodology and Forecast Parameters
- Information Sources
- Latest Trends Summary
- Regional Trends
- Product Trends
- End-Use Trends
- Business Trends
- Industry Insights
- Industry Fragmentation
- Industry Landscape
- Vendor Matrix
- Technological and Innovative Landscape
- Market by Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East and Africa
- Company Profiles
- Company Overview
- Financial Elements
- Product Landscape
- SWOT Analysis
- Systematic Outlook
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Key Questions Market Research and Analysis Report
- What is the current market size, both in terms of value and volume?
- What is the historical growth rate of the market, and what are the projected growth rates for the future?
- Who are the major players in the market, and what is their market share?
- What are the market trends and dynamics influencing the industry?
- What are the key drivers of market growth?
- What are the challenges and barriers faced by market participants?
- What are the emerging opportunities in the market?
- What is the competitive landscape of the market?
- What are the consumer preferences, behaviors, and buying patterns within the market?
- What is the market segmentation, and how are different market segments performing?
- What are the pricing trends and strategies in the market?
- What are the distribution channels and their effectiveness in reaching the target audience?
- What are the regulatory and legal factors impacting the market?
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