A recent report published by Infinium Global Research on the cloud
kitchen market provides an in-depth analysis of segments and sub-segments in the
global as well as regional cloud kitchen market. The study also highlights the
impact of drivers, restraints, and macro indicators on the global and regional
cloud kitchen market over the short term as well as long term. The report is a
comprehensive presentation of trends, forecast, and dollar values of the global
cloud kitchen market. According to the report, the global cloud kitchen market
is projected to grow at a healthy CAGR over the forecast period of 2020-2026.
Cloud kitchens are a takeaway outlet or delivery-only restaurant.
These cloud kitchens serve as a production unit with a space for the provision
of food. The cloud kitchens don’t provide dine-in facilities, instead, they
primarily focus on takeaways. The current concern over the spread of
coronavirus is expected to have a positive impact on the cloud kitchen market.
The entire world is witnessing the spread of COVID-19 endemic since the
beginning of the year 2020. Moreover, from the second month of 2020, almost all
the countries around the world have enforced a country level lockdown, which
led to the limitations on people going outside their houses. Under this
pandemic situation, consumers are progressively buying online food on account
of their easy accessing and convenience.
With a snowballing number of youngsters population worldwide
coupled with changing taste preferences of the consumers has elevated the
demand for the cloud kitchen market. Individuals order food online through
mobile food ordering apps, and these restaurants provide the food to their
doorsteps. In addition, the effective offers and good customer service boosts
the growth of the cloud kitchen market. Furthermore, hectic life schedule and
rise in consumer disposable income is the major factor owing to which trend of
ordering food online has augmented. In addition, the advent of novel advanced
technology such as autonomous vehicles and drones has condensed the food
delivery time, which has further amplified the growth of the market. Moreover,
cloud kitchen services provide lots of offers, which attract the consumer and
also helps in aggregate consumer base which boosts the growth of the cloud
kitchen market. However, the quick service restaurants have large product
offerings, world-class infrastructure coupled with the best food delivery services,
which attracts the customer, and therefore, it affects the existence of a cloud
kitchen in the market.
Among the geographies, North America region is expected to hold
the largest share in the global cloud kitchen market as countries such as the
U.S. and Canada are the front-runners of the adoption of new technology.
Furthermore, increasing disposable income, changing lifestyle, and eating
habits are the prominent factors contributing to the growth of the cloud
kitchen market in the North America region. However, the Asia Pacific region is
expected to be the fastest-growing market, witnessing a significant growth rate
during the forecast period. The increasing adoption of the new technology
regarding the food sector in the region particularly in China and India is the
major factor for the growth of the market in the region.
The report on the global cloud kitchen market covers segments such as
type, product type, and nature. On the basis of type, the sub-markets include
independent cloud kitchen, commissary/shared kitchen, and kitchen pods. On the
basis of product type, the sub-markets include burger/sandwich, pizza/pasta,
chicken, seafood, mexican/asian food, and others. On the basis of nature, the
sub-markets include franchised, and standalone.
The report provides profiles of the companies in the market such
as Kitchen United, Rebel Foods, DoorDash Kitchen, Zuul Kitchen, Keatz, Kitopi,
Ghost Kitchen Orlando, Dahmakan, Starbucks (Star Kitchen), and Cloud Kitchen.
The report provides deep insights into the demand forecasts,
market trends, and micro and macro indicators. In addition, this report
provides insights into the factors that are driving and restraining the growth
in this market. Moreover, The IGR-Growth Matrix analysis given in the report
brings an insight into the investment areas that existing or new market players
can consider. The report provides insights into the market using analytical
tools such as Porter's five forces analysis and DRO analysis of cloud kitchen market.
Moreover, the study highlights current market trends and provides forecast from
2020-2026. We also have highlighted future trends in the market that will
affect the demand during the forecast period. Moreover, the competitive
analysis given in each regional market brings an insight into the market share
of the leading players.