The global Cloud Kitchen Market Growth Accelerated by Rising Demand for Delivery-Only Meals

 

Cloud kitchens, also known as commercial kitchen spaces dedicated to delivery and take-out, allow restaurants to operate without the costly real estate of a traditional brick-and-mortar storefront. Cloud kitchens are designed specifically for online food ordering and delivery. They provide commercial kitchen space along with essential supplies and services for restaurant owners and food businesses. With rising demand for delivery-only meals and increasing preference towards on-demand food delivery services, cloud kitchens enable restaurants to meet customer demand in a cost-effective manner.

The global Cloud Kitchen Market is estimated to be valued at US$ 100.46 Bn in 2023 and is expected to exhibit a CAGR of 12% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends:
As highlighted in the heading, the increasing demand for delivery-only meals is one of the key trends driving the growth of the cloud kitchen market. The rising popularity of online food ordering and food delivery applications has accelerated the demand for delivery and take-out services. Cloud kitchens allow restaurants to leverage this growing trend by enabling them to launch delivery-only brands without incurring significant real estate costs. By utilising centralized kitchen facilities and delivery staff, cloud kitchens enable restaurants to streamline their operations and expand their delivery networks in a cost-effective manner. This enables them to grow their delivery business rapidly to cater to the burgeoning demand for delivery-only meals.

Segment Analysis
The global Cloud Kitchen market is segmented into Independent Cloud Kitchens and Commissary/Shared Kitchens. The independent cloud kitchens segment dominated the market in 2023 and is expected to continue its dominance during the forecast period. This is mainly because independent brands can focus on a specific cuisine or target audience rather than trying to be a jack of all trades.

Key Takeaways
The global Cloud Kitchen market is expected to witness high growth. The global Cloud Kitchen Market is estimated to be valued at US$ 100.46 Bn in 2023 and is expected to exhibit a CAGR of 12% over the forecast period 2023 to 2030.

Regional analysis related content comprises the Asia Pacific region is expected to witness the fastest growth during the forecast period due to rising number of cloud kitchen facilities in countries like India and China.

Key players related content comprises Key players operating in the Cloud Kitchen market are Dahmakan, DoorDash, Kitchen United, Kitopi Catering Services LLC, Rebel Foods, Starbucks Corporation, Swiggy, and Zuul. These players are focusing on expanding their cloud kitchen facilities around the world to tap into the demand from increasing number of customers who prefer delivery and take-out.

Comments

Post a Comment

Popular posts from this blog

Blowing Agents in Action: Enhancing Sustainability and Performance in Modern Engineering

Image
  Blowing Agents: Unleashing the Power of Expansion in Materials Blowing agents are a remarkable class of chemical compounds that play a pivotal role in various industries, revolutionizing the way materials are manufactured and utilized. These agents are essential additives employed to induce controlled expansion in materials, leading to the creation of diverse products with unique properties and applications. From lightweight foams in packaging to insulating materials and beyond, blowing agents have become indispensable in modern manufacturing processes. 1. Understanding Blowing Agents: Blowing agents are substances designed to generate gas when subjected to specific conditions, such as heat, pressure, or chemical reactions. The produced gas forms bubbles within the material matrix, resulting in a cellular structure with reduced density. This cellular structure not only imparts lightness to the material but also enhances its thermal and acoustic insulation properties. 2. Versatil...
Read more

Multi-Depth Corrugated Box Market Trends 2023 - Industry Insights, Competition Analysis, Growth Rate and Forecast by 2030

Image
  A multi-depth corrugated box is a type of shipping or storage box that has the ability to be adjusted to different depths, allowing for greater flexibility and efficiency in packaging and shipping. This type of box is made of corrugated cardboard, which consists of a fluted layer sandwiched between two flat layers. Multi-depth corrugated boxes are typically made with a series of perforations or scores that allow the box to be easily adjusted to different depths. For example, a box with a height of 10 inches might have perforations at 2-inch intervals, allowing it to be adjusted to a depth of 2 inches, 4 inches, 6 inches, 8 inches, or 10 inches, depending on the specific needs of the user. The advantages of using multi-depth corrugated boxes include reduced inventory costs, improved packing efficiency, and better use of storage space. By using a single box that can be adjusted to different depths, businesses can reduce the number of different box sizes they need to stock and simp...
Read more

Acid Pickling Roll Market Growth Accelerated by Adoption of Anti-Rust Acid Pickle Rolls

Image
  Acid pickle rolls help remove scale, rust or oxide films from metallic surfaces and accurately prepare them for subsequent processing such as coating or plating to improve corrosion resistance. The demand for acid pickling rolls have increased in various end-use industries such as automotive, oil & gas, marine, energy, and general engineering to enhance product durability. The global Acid Pickling Roll Market is estimated to be valued at US$ 1,167 Mn in 2023 and is expected to exhibit a CAGR of 3.5% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: The growing adoption of anti-rust acid pickling rolls to increase product lifespan across various corrosion prone industrial applications has accelerated the growth of the acid pickling roll market. Acid pickling rolls equipped with advanced rust removal properties efficiently prepare metallic surfaces and ensure long term corrosion protection. Major mar...
Read more