Chemical Industry Updates

  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 kitche...

  Market Overview: Cloud kitchens are commercial kitchens dedicated to the preparation of food for delivery and take-out. They enable restaurants to prepare food for delivery platforms like Uber Eats, DoorDash without needing a physical storefront. Market Dynamics: The  cloud kitchen market  is driven by the rising demand for online food orders during the forecast period. As per recent findings, the online food delivery market witnessed 30% growth in the last 2 years. Another driver for this market is the growing popularity of delivery-only brands. Brands focusing only on delivery channels are gaining traction among consumers. They offer affordable options and specialized menus for delivery. Further, such brands have lesser overhead costs as compared to restaurants with dine-in spaces which helps them offer competitive pricing. Two major market drivers for cloud kitchens Convenience and accessibility for online food delivery: The ease and accessibility of online food deli...