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The cloud kitchen market size is estimated to increase by USD 29.48 billion, at a CAGR of 12.17% between 2023 and 2028. The accelerated growth of the market is due to various factors, including the advantages of cloud kitchens over traditional restaurants, changing lifestyles and a rise in demand for home delivery food and hanging lifestyles and changing lifestyles and rise in demand for home delivery food.
The report provides market size, historical data spanning from 2018 - 2022, and future projections, all presented in terms of value in USD Million for each of the mentioned segments.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the advantages of cloud kitchens over traditional restaurants, changing lifestyles, and rise in demand for home-delivery food, and a rising adoption of convenience foods.
Key Drivers
Changing lifestyles and a rise in demand for home-delivery food are notably driving the market growth. The increasing number of dual-income families and busy lifestyles have left people with less time for traditional household chores, including the preparation of food.
Furthermore, due to a rise in consumer purchasing power, most millennials prefer on-the-go food. Cloud kitchens offer a variety of foods, such as pizzas, burgers, and others. All these factors have increased the demand for cloud kitchens. Therefore, the trend of FAFH is expected to provide high growth opportunities to vendors operating in the global cloud kitchen market during the forecast period.
Key Trends
Increasing demand for healthy and nutritious food is an emerging trend shaping the market growth. Cloud kitchen vendors are coming up with innovative and nutritious breakfast foods with whey protein as the primary ingredient, which is one of the most popular superfoods.
As a result, many cloud kitchen brands have introduced healthy and nutritious meals to their menu, which helps customers reduce their total calorie intake. They often serve half or full-size salads containing fresh vegetables. This not only aids in changing the perception that dining outside is unhealthy but also helps cloud kitchens increase their customer base. Therefore, increasing nutritious food offerings by cloud kitchen vendors and rising consumption of healthy food are likely to drive the growth of the global cloud kitchen market during the forecast period.
Major Challenges
Increasing preferences for home-cooked food is a significant challenge hindering market growth. Fast food is perceived to be unhealthy as it contains added sugar, large amounts of carbohydrates, and unhealthy fats and leads to lifestyle-related diseases such as diabetes and obesity. Hence, health-conscious consumers avoid eating unhealthy food from restaurants and cafeterias and prefer home-cooked food. Home-cooked food has high nutritional value and is fresh and hygienic. The chances of contamination are also low when compared to food from QSRs. Thus, the consumption of home-cooked food is increasing.
In addition, the number of cooking programs on TV and the Internet is increasing. Many consumers prefer to watch cooking programs and prepare the same dishes at home. This also leads to an increased preference for food prepared at home. Hence, these factors will contribute to moderate growth of the global cloud kitchen market during the forecast period.
Cloud Kitchen Market Customer Landscape
The market research report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Segment Overview
The cloud kitchen market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028.
Type Outlook
- Franchised
- Standalone
Product Outlook
- Kitchen
- Commissary/shared kitchen
- Kitchen pods
Region Outlook
North America
- The U.S.
- Canada
South America
- Chile
- Brazil
- Argentina
Europe
- The U.K.
- Germany
- France
- Rest of Europe
APAC
- China
- India
Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
Key Data Covered:
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the growth of the market between 2024 and 2028
- Precise estimation of the market size and its contribution of the market in focus to the parent market
- Accurate predictions about upcoming trends and changes in consumer behavior
- Growth of the market across APAC, North America, Europe, South America, and Middle East and Africa
- A thorough analysis of the market’s competitive landscape and detailed information about companies
- Comprehensive analysis of factors that will challenge the growth of market companies
Table of Contents
Executive Summary
The publisher recognizes the following companies as the key players in the global cloud kitchen market: All Day Technologies Inc., CloudKitchens, DoorDash Inc., Dropkaffe Food and Beverages Pvt. Ltd., Farm To Fork Sdn. Bhd., Food Haven Technologies Inc., Franklin Junction, Ghost Kitchen Orlando, Kitchen United, Kitopi, Kouzina Food Tech Pvt Ltd., Nextbite Brands LLC, PAR Technology Corp., Salted, Starbucks Corp., The Kroger Co., Toast Inc., Uber Technologies Inc., Wingstop Inc., and Rebel Foods Pvt. Ltd..Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is new packaging for delivery foods.'
According to the report, one of the major drivers for this market is the advantages of cloud kitchens over traditional restaurants.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- All Day Technologies Inc.
- CloudKitchens
- DoorDash Inc.
- Dropkaffe Food and Beverages Pvt. Ltd.
- Farm To Fork Sdn. Bhd.
- Food Haven Technologies Inc.
- Franklin Junction
- Ghost Kitchen Orlando
- Kitchen United
- Kitopi
- Kouzina Food Tech Pvt Ltd.
- Nextbite Brands LLC
- PAR Technology Corp.
- Salted
- Starbucks Corp.
- The Kroger Co.
- Toast Inc.
- Uber Technologies Inc.
- Wingstop Inc.
- Rebel Foods Pvt. Ltd.
