IMARC Group, a leading market research company, has recently releases report titled “Cloud Kitchen Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global cloud kitchen market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

How Big is the Cloud Kitchen Market?

The global cloud kitchen market size reached US$ 63.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach a value of US$ 125.5 Billion by 2028 exhibiting a growth rate (CAGR) of 11.3% during 2023-2028.

What is a Cloud Kitchen?

Also known as a virtual kitchen, a cloud kitchen is a centralized commercial space used to prepare delivery-optimized menu items and food consumed off the premises. It offers a range of benefits to food businesses, including lower operating costs, greater flexibility and scalability, increased efficiency, access to new markets, and reduced environmental impact. It also helps streamline operations, optimize menu offerings, and coordinate delivery logistics. At present, cloud kitchen is gaining traction to meet the emerging food delivery demand of local restaurants and fast-food chains across the globe.

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What are the growth prospects and trends in the cloud kitchen industry?

The rising working population and the growing traction of delivery-optimized restaurants, meal prep companies, caterers, and packaged food producers represent one of the key factors catalyzing the demand for cloud kitchens for maintaining business continuity.

In addition, inflating disposable incomes, rising popularity of online food delivery services, and increasing demand for convenient and quick meal options at affordable prices are bolstering the growth of the market. Additionally, the widespread adoption of smartphones, easy access to high-speed internet, and high startup costs and burdensome regulations associated with conventional food business models are offering lucrative growth opportunities to leading market players operating worldwide.

Furthermore, rising environmental concerns and the escalating demand for cloud kitchens to reduce the environmental impact of traditional kitchens by consolidating food production and delivery operations in a centralized location is stimulating the market growth worldwide. 

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Type:

• Independent Cloud Kitchen

• Commissary/Shared Kitchen

• Kitchen Pods

Breakup by Product Type:

• Burger and Sandwich

• Pizza and Pasta

• Chicken

• Seafood

• Mexican and Asian Food

• Others

Breakup by Nature:

• Franchised

• Standalone

Market Breakup by Region:

• North America (United States, Canada)

• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)

• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)

• Latin America (Brazil, Mexico, Others)

• Middle East and Africa

Who are the cloud kitchen companies operating in the industry?

The report covers the major market players including:

CloudKitchens, DoorDash Inc., Kitchen United, Kitopi Catering Services LLC, Lightspeed Commerce Inc., PAR Technology Corporation, POSist Technologies Private Limited, Rebel Foods, Starbucks Coffee Company, Swiggy Platform and Toast Inc.

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

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IMARC Group’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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