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12.2 Bargaining Power of Buyers Figure 32: United States: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 Data analytics can be powerful in improving Cloud Kitchen's business performance. Apart from Rebel Foods, many other Indian . Based on the product type, the global cloud kitchen market has been divided into burger and sandwich, pizza and pasta, chicken, seafood, Mexican and Asian food, and others. Cloud kitchens also have comparatively higher profit margins than dine-in restaurants. Take REEF as an example. These insights are included in the report as a major market contributor. Cloud analytics is the process of storing and analyzing data in the cloud and using it to extract actionable business insights. 7.4 Seafood Market Overview: The global cloud kitchen market size reached US$ 56.71 Billion in 2021. Figure 17: Global: Cloud Kitchen (Pizza and Pasta) Market Forecast: Sales Value (in Million US$), 2022-2027 9.2.2.2 Market Forecast The India cloud kitchen market is expected to exhibit a CAGR of 15.45% during 2022-2027. Restaurant owners or food business entrants sidestepping high rents and real estate costs by shedding the front-of-house. Figure 80: Global: Cloud Kitchen Industry: Value Chain Analysis Thus, benefits such as the minimal risk involved in establishing a cloud kitchen and gaining a considerable profit share are expected to drive the growth of the segment. Advancements in technology are also helping restaurateurs to operate more efficiently and increase their profit margins. Global Cloud Kitchen Market to Reach US$ 112.53 Billion by 2027, Bolstered by Growing Popularity of Online Food Delivery Services. 9.2.4 South Korea Page 360In an IoT environment, vital data are colinformation is implemented on a call company acquired Holachef,. These services charge between 15% and 35% to restaurants as commission. Moreover, the growing popularity of online food delivery services on account of hectic working schedules and the escalating demand for convenient and quick meal options at affordable prices is stimulating the market growth. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2017-2028. 9.5.2 Market Breakup by Country From 2018 to 2020 the revenue of the company went from just $ 65 million to $ 368 . What is the breakup of the global cloud kitchen market based on the product type? Jain (Deemed-to-be-University), Bangalore, Karnataka, INDIA. A cloud kitchen is a centralized virtual commercial space used to prepare delivery-optimized menu items or food consumed off the premises. Region Wise the global trend is analyzed across : This Cloud Kitchen Market Research/Analysis Report Contains Answers to your following Questions. 7.4.2 Market Forecast Our report has categorized the market based on type, product type and nature. The competitive landscape of the industry has also been examined along with the profiles of the key players being CloudKitchens, DoorDash Inc., Kitchen United, Kitopi, Lightspeed Commerce Inc., PAR Technology Corporation, POSist Technologies Pvt. 11 Value Chain Analysis 2.4 Market Estimation They continue to climb. You can now earn upwards of 4% on a savings account. Ltd., Rebel Foods, Starbucks Coffee Company, Swiggy and Toast Inc. PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request). The independent cloud kitchen segment held the largest revenue share in 2020, accounting for around 60% of the overall market. Cloud Kitchen Market - Competitive Analysis: Who are the Leading Key Players Operating In this Market? Table 4: Global: Cloud Kitchen Market Forecast: Breakup by Nature (in Million US$), 2022-2027 2.4 Scale Your Business More Affordably. Figure 45: South Korea: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 5 Global Cloud Kitchen Market The most important role in the advent of cloud kitchens has been played by food aggregators. b. 9.3.3.2 Market Forecast Figure 39: China: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 9.4.3.2 Market Forecast This drives us to provide you with custom or syndicated research reports. Cloud kitchen model also reduced the cost of starting up a food brand, and many first-time restaurateurs embraced the model. After getting the forecasted sales data, its important for the kitchen managers to allocate labor accordingly, maximizing the operation efficiency and minimizing overtime rate. Access to user data and real-time adaptability. You scrolled through a dozen options before deciding on one of those restaurants. Figure 47: Australia: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 6 Market Breakup by Type 12.4 Degree of Competition 9.3.6.2 Market Forecast The global cloud kitchen market size was estimated at 56.71 billion U.S . This can also be attributed to the increasing utilization of smartphones, easy access to high-speed internet and a vast catalogue. Press Release Distributed by The Express Wire, To view the original version on The Express Wire visit Cloud Kitchen Market : A Comprehensive Analysis of the Global Industry from 2023 to 2028, Including Size, Share, Growth, and Trends, COMTEX_422412995/2598/2023-01-10T05:00:39. Figure 56: France: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 Data analytics can be powerful in improving Cloud Kitchen performance by setting the right metrics, conducting descriptive, diagnostic and predictive analysis using analytical tools. 9.2.3 India In accordance to the research report by Credible Markets, the cloud kitchen market is currently appreciated to USD 60 billion and is expected to garner a significant growth at CAGR of 12% during . Cloud kitchens pride themselves on the reduced budget required to set one up. To get more information about this market, Request Sample. As a result, labor costs which usually absorb 50-. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Cloud Kitchen market in terms of revenue. Kitchen United, Kitopi, Lightspeed Commerce Inc., PAR Technology Corporation, POSist Technologies This is the original cloud kitchen model. Too known as virtual kitchen, shared kitchen, phantom kitchen, satellite kitchen. Grand View Research is registered in the State of California at Grand View Research, Inc. 201 Spear Street 1100, San Francisco, CA 94105, United States. Figure 60: Italy: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 4. This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. The global cloud kitchen market was valued at USD 51.76 billion in 2020 and is expected to grow at a CAGR of 12.1% during the forecast period. Figure 35: Canada: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 7.3.2 Market Forecast The Global Cloud Kitchen Market is expected to grow by $ 24.31 bn during 2022-2026, accelerating at a CAGR of 12.09% during the forecast period. More specifically, it helps identify demand, optimize supply and increase operational efficiencies. 14.3.3.2 Product Portfolio 12.3 Bargaining Power of Suppliers Global Cloud Kitchen Market size was valued at USD 45.87 Billion in 2021 and is projected to reach USD 106.32 Billion by 2028, growing at a CAGR of 12.76% from 2022 to 2028. Here we'll be using sample dummy data on cloud kitchen to do data analysis in Excel. At REEF, we pay extra attention to overtime rate, and this is metric you should emphasize on as well. 14.3.7.1 Company Overview Ltd., Rebel Foods, Starbucks Coffee Company, Swiggy and Toast Inc. 1 Preface Cloud Kitchen Market Size 2021: USD 63.0 Billion: Cloud Kitchen Market Forecast 2030: USD 373.4 Billion: Cloud Kitchen Market CAGR During 2022 - 2030: 22.0% Cloud Kitchen Market Analysis Period . 8.2.1 Market Trends Microsoft confirms plans to lay off about 10,000 workers as tech companies cut back. The global cloud kitchen market size was estimated at US$ 57.31 billion in 2021 and is expected to surpass US$ 139.45 billion by 2030, growing at a CAGR of 10.4%. Figure 46: Australia: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 Data analytics can be powerful in improving Cloud Kitchens business performance. The market is fragmented with the presence of several large and small restaurateurs operating using the delivery-only model service. North America is expected to register a CAGR of around 10% over the forecast period. The global cloud kitchen market is expected to grow at a compound annual growth rate of 12.4% from 2021 to 2028 to reach USD 139.37 billion by 2028. b. A cloud kitchen business model can incorporate more than one brand, which means that the customers should be able to order from different brands in one order. Figure 68: Latin America: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 2.5 Low Risk Associated. India is been food cherishing nation and Indian food reflects mix of different . 4.1 Overview Figure 15: Global: Cloud Kitchen (Burger and Sandwich) Market Forecast: Sales Value (in Million US$), 2022-2027 https://www.360researchreports.com/enquiry/request-sample/19891693, https://www.360researchreports.com/enquiry/pre-order-enquiry/19891693, https://www.360researchreports.com/purchase/19891693, Cloud Kitchen Market : A Comprehensive Analysis of the Global Industry from 2023 to 2028, Including Size, Share, Growth, and Trends. The competition in the market is intensifying with a rise in several individual restaurant operators seeking to enter the food industry with limited investments. COVID-19 The pandemic continues to cause unprecedented disruption across industries worldwide. Figure 8: Global: Cloud Kitchen (Independent Cloud Kitchen) Market: Sales Value (in Million US$), 2016 & 2021 Data Analytics in Cloud Kitchen. To start with, think about #search (number of searches). The global cloud kitchen market size reached US$ 56.71 Billion in 2021. 9.4 Latin America Find the highest rated Cloud Kitchen Management software pricing, reviews, free demos, trials, and more. By setting the right metrics, conducting descriptive, diagnostic and predictive analysis using analytical tools, one can improve Cloud Kitchen performance in areas like marketing and operation. If you are one of the restaurant business owners at the cloud kitchen vessels, or individuals interested in the cloud kitchen space, you would probably want to have a good understanding of the demand in the area and have a relatively accurate sales forecast to plan accordingly. Figure 6: Global: Cloud Kitchen Market: Breakup by Nature (in %), 2021 9.3.5.2 Market Forecast Figure 52: Europe: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 14.3.8.1 Company Overview Published by Sandhya Keelery , Mar 29, 2022. The report comprises an analysis of leading market players, the . It enables you to gather your business data and information and creates predictability for . 7.6 Others What has been the impact of COVID-19 on the global cloud kitchen market? Addition or alteration to country, regional & segment scope. 14.3.10.2 Product Portfolio 6.1.1 Market Trends 9.1.2.2 Market Forecast 14.3.2.2 Product Portfolio 8.2.2 Market Forecast As cloud kitchens work entirely on the delivery-only model, restaurateurs could easily continue their businesses and serve customers efficiently. 14.3.4.1 Company Overview 9.4.1 Brazil 8 Market Breakup by Nature Its premise is pretty simple: no storefront, no dining facilities, just a common kitchen space for cooking (single or multiple cuisines under one roof), and the facility of online ordering and delivery via food aggregators like Zomato and Swiggy. 9.1.2 Canada Independent cloud kitchens primarily target consumers that prefer a single cuisine type and largely depend on third-party channels for delivery. The guest experience is crucial. The Qualitative Analysis Of Cloud Kitchen Emerging As A Viable Food & Beverage (F&B) Alternative Post COVID-19. Do Twitter Opinions Lead to Great Stock Returns? The popularity of cloud kitchens is more prominent in the Asia Pacific region, which accounted for more than 60% of the global market in 2020. In conclusion, the Cloud Kitchen industry is expanding at an amazing speed. Free upgrade to enterprise license (allows to share across all company locations), 5. Figure 23: Global: Cloud Kitchen (Mexican and Asian Food) Market Forecast: Sales Value (in Million US$), 2022-2027 Our team of skilled analysts focuses on understanding the requirements of our clients so as to provide insights best suited to their unique needs. Complimentary 10 hours free analyst time for market review, 3. 7 Market Breakup by Product Type 14.3.11 Toast Inc. Figure 41: Japan: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 Who are the key players in the cloud kitchen market? What are the key driving factors for the growth of the Cloud Kitchen Market? In addition, high startup costs and burdensome regulations associated with conventional food business models are augmenting the adoption of cloud kitchens to reduce extensive resources and optimize the delivery experience. Aussie technical support and expertise backed by over 30 years of experience, industry knowledge, training and ongoing commitment to our customers. Because they are designed with tech in mind, cloud kitchens can optimize processes, ordering, and staff scheduling based on consumer behavior. Data Analysis in the Cloud introduces and discusses models, methods, techniques, and systems to analyze the large number of digital data sources available on the Internet using the computing and storage facilities of the cloud. The global cloud kitchen market was valued at $29.4 billion in 2020, and is projected to reach $112.7 billion by 2030, growing at a CAGR of 13.12% from 2021 to 2030. 9.4.2.1 Market Trends 1. 9.2.4.2 Market Forecast Figure 4: Global: Cloud Kitchen Market: Breakup by Type (in %), 2021 On the 14th of July 2021, Zomato went public with 9 thousand crores and this is by far one of the biggest and perhaps the most awaited IP0 of 2021. 7.5.1 Market Trends 9.2.6 Indonesia In this section, I will suggest some key metrics for you to consider, along with analytical models and tools that can help solve potential problems in cloud kitchen operation. 1. Cloud Kitchen Market - Segmentation Analysis: Which segment is expected to lead the global Cloud Kitchen market during the forecast period? A dedicated online ordering solution drives consumers directly to the business and reduces aggregators commission, which could account for anywhere around one-fifth of the overall cloud kitchen costs. Furthermore, market players are providing a comprehensive platform with seamless integration of point of sale (POS), kitchen display (KDS), and inventory management technologies, which is anticipated to strengthen the market growth. The independent cloud kitchen segment held the largest revenue share in 2020, accounting for around 60% of the overall cloud kitchen market. The Gross Merchandize value of cloud kitchens in India was estimated to be about 2.3 billion U.S. dollars in 2025. Based on the nature, the global cloud kitchen market can be categorized into franchised and standalone. Rising disposable incomes and the increased adoption of smartphone applications among millennials are key factors leading to the rise in online food delivery services. With our tool, district managers at REEF can minimize the overtime labor hours, increasing operational profit. What are the key regions in the global cloud kitchen market? Especially among the women, there has been gradual adoption of working lifestyle . The popularity of international cuisines and tailored foods among consumers is encouraging operators to invest in popular brands. The order process is fully done online, and foods are delivered to you by food delivery businesses. Cloud Kitchen Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027, Financial Services and Investment Intelligence. 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