Pune, India, July 29, 2024 /PRNewswire/ — Maximize Market Research, an information technology and communications business research firm, has announced thatGlobal cloud kitchen marketWhat is the overall market size of the cloud kitchen market? $34It will reach $6.9 billion by 2023, growing at a CAGR of 14.13% throughout the forecast period, reaching nearly US$87.51 billion By 2030.
Market size in 2023 |
US$34.69 billion |
Market size in 2030 |
US$87.51 billion |
Average annual growth rate |
14.13 percent |
Forecast Period |
2024-2030 |
Base year |
2023 |
number of pages |
225 |
Number of tables |
142 |
Number of Figures |
198 |
Target Segments |
By type, product, nature, deployment |
Area Coverage |
North America, Europe, Asia Pacific, Middle East & Africa, South America |
Report Scope |
Market Share, Size, Forecast by Revenue | 2024-2030, Market Dynamics, Growth Factors, Restraints, Investment Opportunities, Key Trends, Competitive Landscape, Key Player Benchmarking, Competitive Analysis, MMR Competitive Matrix, Competitive Leadership Mapping, Market Ranking Analysis of Global Key Players. |
Get the sample PDF: https://www.maximizemarketresearch.com/request-sample/109430/
Report highlights
- Cloud kitchens, or virtual kitchens, are commercial kitchens that focus on food delivery and takeout, offering low overhead costs, diverse menu offerings and operational efficiencies.
- Demand for cloud kitchens is booming due to the convenience of meal delivery services, but ensuring a stable supply chain and controlling food costs are key challenges for cloud kitchen operators.
- Cloud kitchens have lower start-up costs compared to traditional restaurants, making them an attractive business model.
- The integration of technologies such as AI and automation will continue to shape the industry, and the emergence of new business models such as ghost kitchens and shared kitchens will create opportunities for growth.
Key Players in the Cloud Kitchen Market
- Auntie Anne's Franchisor SPV LLC
- Domino's Pizza Inc.
- CKE Restaurant Holdings Inc.
- Firehouse Restaurant Group
- Jack in the Box Co., Ltd.
- McDonald's
- Restaurant Brands International Inc.
- Yum Brands, Inc.
- Inspire Brands Inc.
- InnoBliss Solutions Private Limited
- Kitchen United
- others
Get 10% FREE customization of this report:
https://www.maximizemarketresearch.com/request-sample/109430/
Burger/sandwich segment to dominate during the forecast period
Consumers are looking for quick, cost-effective and customizable meal options, and burgers and sandwiches are effectively catering to these needs. These menu items not only offer high profit margins but also maintain a steady demand across various demographics. According to a 2023 SMR study, 60% of online food orders in the cloud kitchen sector included a burger or sandwich. Large players such as Rebel Foods, known for operating multiple virtual brands, reported 40% year-on-year growth in its burger brand Faasos. Similarly, The Halal Guys, famous for its gyro sandwiches, expanded from a single store in 2022. New York City Cloud kitchens deliver burgers and sandwiches on carts to over 100 cloud kitchen locations across the globe. The simplicity of preparation and ability to maintain quality during delivery make burgers and sandwiches the perfect choice for cloud kitchens. The plant-based burger market alone is set to experience a 27% surge in 2023, signaling growing interest in healthier options among consumers. The sector is also embracing cutting-edge technology, with brands such as BurgerFi utilizing AI for order customization to improve overall customer experience. By incorporating data analytics into inventory management and marketing strategies, the burger/sandwich segment optimizes its operations. A combination of consumer preferences, operational efficiencies, and technological advancements has positioned the burger/sandwich segment as a dominant force in the cloud kitchen industry, driving significant growth and offering lucrative opportunities.
Regional Analysis of Global Cloud Kitchen Market
in North AmericaThe cloud kitchen market is united states of americaMajor players such as Uber Eats, DoorDash, and Cloud Kitchens have $12 billion Sales are expected to reach $200 billion by 2023, fueling growth. The cloud kitchen model is responding to growing consumer demand for convenience and variety, with 58% of Americans ordering takeout at least once a week. For example, Kitchen United operates more than 15 facilities nationwide and offers shared kitchen space to restaurant brands to streamline delivery operations and reduce costs. In addition, venture capital investment in the U.S. food tech sector has soared, $3.5 billion Strong financial support for continued innovation is expected in 2023. These factors will united states of america It maintains its leading position in the cloud kitchen market and continues to expand.
in AsiaThe organized food service market faced a noticeable slowdown, but cloud kitchens quickly filled the gap. China and India There are thousands of such facilities. Major companies like Rebel Foods India And grab Southeast Asia We have significantly expanded our operations and experienced significant growth across the region. European The cloud kitchen market is also on the rise in countries such as the UK. Germany, Spainand Italy Delivery and takeout services have made great strides. middle east and Africa The UAE has led the way in cloud kitchen adoption and has seen impressive growth.
Detailed segment analysis: Request a sample report
By Type
- Separate cloud kitchen
- Shop/Shared kitchen
- Kitchen Pod
By nature
By deployment
What we offer:
- Past market size and competitive environment (2018-2023)
- Historical pricing and regional pricing curves (2018-2023)
- Market Size, Share, Scale, Forecast by Segment | 2024-2030
- Market dynamics – drivers, restraints, opportunities and key trends by region
- Market segmentation – detailed analysis by type, product, nature, development and region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive Landscape – Market Leaders, Market Followers, Regional Players
- Competitive benchmarking of major companies by region
- PESTLE analysis
- PORTER Analysis
- Value Chain and Supply Chain Analysis
- Legal aspects of business by region
- SWOT analysis for business opportunities
- Recommendations
Maximize Market Research is a leading research firm that also publishes the following reports:
Network Virtualization Market It is expected to grow at a CAGR of 22.9% during the forecast period, reaching a market size of approximately US$121.43 billion By 2030.
Virtual Kitchen Market reached a value of US$71.4 billion2023. The global market is expected to grow at a CAGR of 13.5% during the forecast period. The market is expected to grow at a CAGR of 13.5% by 2023. US$173.26 billionBy 2030.
Virtual fitting room market Size US$5.2 billionIn 2023, total revenue is expected to grow at an average annual rate of 20.6% from 2024 to 2030, reaching nearly US$19.32 billion.
Global cloud advertising market Size US$4.45 billionIn 2023, total cloud advertising revenue will grow by 23.2% from 2024 to 2030, nearly US$19.2 billion.
Commercial kitchen equipment market Size US$101.65 billion In 2023, total revenues are expected to grow by 6.7% from 2024 to 2030, nearly US$160.05 billion.
Kitchenware Market Size US$70.86 billionIn 2023, total revenue is expected to grow at an average annual rate of 4.5% from 2024 to 2030. US$96.44 billion.
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting firm with experts across various industries. The industries we cover include Medical Devices, Pharmaceutical Manufacturers, Science & Engineering, Electronic Components, Industrial Equipment, Technology & Telecommunications, Automotive, Chemicals & Substances, General Merchandise, Beverages, Personal Care, Automation Systems, and many more. We provide market-validated industry forecasts, technology trend analysis, critical market research, strategic advice, competitive analysis, production & demand analysis, and impact studies to our clients.
Contact Maximize Market Research:
Navarre IT Park Phase 2 3rd Floor
Pune Bangalore Highway, Narhe,
PuneMaharashtra 411041, India
[email protected]
+91 9607365656
follow up: Facebook | twitter | LinkedIn | Instagram
Logo: https://mma.prnewswire.com/media/2457992/Maximize_Market_Research_Logo.jpg
SOURCE Maximize Market Research Pvt. Ltd.