About Cloud Kitchen Foodservice
Cloud Kitchen is a restaurant that only in food making and does not provide dining services. It is also known as ghost kitchens, dark kitchen, and many others. This market is highly growing in India, from the last five years it grows around 5%. These are basically virtual restaurants, with the rapid development in food delivery services such as Swiggy, uber, and many others are driving the growth in this market in a rapid market. Growing development in junk food and eating outside habits. In this pandemic situation, nobody knew that it would badly hit on the Food & Beverage, which led to the growing concept of cloud kitchen that helped end consumer to enjoy restaurant-like food at home and made generate earning foodpreneurs.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
This is a new and emerging market, and rapidly growing in the Asia Pacific and North America regions, majorly in India, and the United States. In this pandemic situation, this market gets boosted in a rapid manner. Various new market players are entering in his market. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Cloud Kitchen Foodservice market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Kitchen United (United States), Rebel Foods (India), Zuul Kitchen (United States), Amped Kitchens (United States), Fulton Kitchens (United States), Kitopi (United States), UberEats (United States), Bamboo Asia (United States), The Local Culinary (United States) and Keatz (Canada) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Dahmakan.
Segmentation Overview
AMA Research has segmented the market of Global Cloud Kitchen Foodservice market by and Region.
On the basis of geography, the market of Cloud Kitchen Foodservice has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Kitchen Type, the sub-segment i.e. Independent Cloud Kitchen will boost the Cloud Kitchen Foodservice market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Nature, the sub-segment i.e. Franchised will boost the Cloud Kitchen Foodservice market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Technology, the sub-segment i.e. Point of Sale (POS) will boost the Cloud Kitchen Foodservice market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Delivery Type, the sub-segment i.e. Online Food Delivery will boost the Cloud Kitchen Foodservice market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Demand in India
Market Growth Drivers:
The Emergence of Food Delivery Service Platforms Such as Uber, and Others and Lower Real-estate and Upfront Cost
Challenges:
New Market Entrants Should be Initiated with Low Cost to Make Place in the Crowded Market
Restraints:
Lack of Awareness Across Underdeveloped Regions
Opportunities:
This Industry Required Less Investment to Enter in this Market and Continuous Development in Technology Such as AI-Enabled Contactless Self-Checkout Platform
In Feb 2020, Kitopi announced funding around USD 60 million. The company recently operates on 30 Kitchen, through this new funding the company will open 50 new delivery-focused kitchens in the United States, and 100 across the globe, by the end of 2020.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Cloud Kitchen Providers, Government Regulatory and Research Organizations and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.