Dublin, Jan. 10, 2025 (GLOBE NEWSWIRE) — The Cloud Kitchen – Global Strategic Business Report has been added to ResearchAndMarkets.com’s offering.
The global market for Cloud Kitchen was valued at USD 36.9 billion in 2023 and is projected to reach USD 74.6 billion by 2030, growing at a CAGR of 10.6% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers and forecasts, helping you make informed business decisions.
The growth in the cloud kitchen market is driven by several factors. The growing demand for food delivery services, especially boosted by the COVID-19 pandemic, has significantly boosted the market. Consumer preference for convenience, along with the growing popularity of online food ordering, continues to drive demand for cloud kitchens. The cost-effectiveness of the cloud kitchen model, with its lower initial investment and reduced operating costs compared to traditional restaurants, makes it an attractive option for entrepreneurs and established food businesses alike.
Technological advances in kitchen automation, data analytics and distribution logistics further support the scalability and efficiency of cloud kitchens. Additionally, increasing urbanization and the busy lifestyles of city dwellers drive the need for fast and reliable food delivery options. These factors together ensure robust growth in the cloud kitchen market, meeting the evolving demands of modern consumers and transforming the landscape of the foodservice industry.
Key insights:
- Market Growth: Understand the significant growth trajectory of the Independent Cloud Kitchen segment, which is expected to reach USD 47.9 billion by 2030 at a CAGR of 10.6%. The Commissary / Shared Kitchen segment is also set to grow at 11.1% CAGR during the analysis period.
- Regional Analysis: Gain insights into the US market, estimated at $10.0 billion in 2023 and China, projected to grow at an impressive CAGR of 14.4% to reach $15.9 billion by 2030. Discover growth trends by region other key markets, including Japan, Canada, Germany, and Asia-Pacific.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in USD million from 2023 to 2030.
- In-depth regional analysis: Detailed insights into key markets, including the US, China, Japan, Canada, Europe, Asia-Pacific, Latin America, the Middle East and Africa.
- Company Profiles: Covering major players like Avane Cloud Kitchens, CloudKitchens, ContekPro and more.
- Complementary updates: Get free report updates for a year to keep you informed of the latest market developments.
Main attributes:
The report attribute | The details |
Number of pages | 278 |
Forecast period | 2023 – 2030 |
Estimated market value (USD) in 2023 | 36.9 billion dollars |
Projected market value (USD) by 2030 | 74.6 billion dollars |
Compound Annual Growth Rate | 10.6% |
Regions covered | global |
Main topics covered:
MARKET SUMMARY
- Influencer Market Insights
- World Market Trajectories
- Global economic update
- Cloud Kitchen – Market Share of Top Global Competitors in 2024 (E)
- Competitive market presence – strong/active/country/irrelevant for worldwide players in 2024 (E)
TRENDS AND INDICATORS
- The growing popularity of online food delivery services is driving the growth of the cloud kitchen market
- Technological innovations in kitchen management systems strengthen the business case
- The growing adoption of virtual restaurants expands the addressable market opportunity
- Impact of COVID-19 on Dining Behavior Market Dynamics
- The growing demand for cost-effective food service solutions is driving the adoption of the cloud kitchen
- Collaboration between food delivery platforms and cloud kitchens improves the market
- Increased awareness of hygiene and safety standards generates demand
- Expansion of Multi-Brand Cloud Kitchen Models Supports Market Growth
- Increased focus on the Market driving innovation and menu customization
- Increasing investment in cloud kitchen infrastructure drives market expansion
- The impact of urbanization and busy lifestyles on food consumption patterns
- Innovations in food packaging and distribution solutions increase market efficiency
- Increasing demand for healthy and sustainable food options supports the market
- Impact of social media and digital marketing strategies on cloud kitchen visibility
FOCUS ON SELECTED PLAYERS:Select contestants (total 86 featured)
- Avane Cloud Kitchens
- CloudKitchens
- ContekPro
- Healing foods
- Ghost Kitchen India
- Kitchen @ – Loyal Hospitality Pvt. Ltd.
- Whale
- Onetray SpA
- Rebel Foods Private Limited
- Retroworks
- Food Corridor
- Toast, Inc.
- TouchBistro Inc.
- USIP Solutions LTD.
- VentaGenie
For more information about this report, visit https://www.researchandmarkets.com/r/plzy1b
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Global Cloud Kitchen Market