Market Analysis and Insights: Global Cloud Kitchen Market . 9.2.1.1 Market Trends Table 2: Global: Cloud Kitchen Market Forecast: Breakup by Type (in Million US$), 2022-2027 Source. Cloud analytics is the process of storing and analyzing data in the cloud and using it to extract actionable business insights. The denominator here indicates people with intention to order meals. Furthermore, ghost kitchens allow businesses the opportunity to serve customers directly without the pressure of additional costs and the constantly rising real-estate prices. 9.4.3.1 Market Trends The Qualitative Analysis Of Cloud Kitchen Emerging As A Viable Food & Beverage (F&B) Alternative Post COVID-19. Cloud kitchens pride themselves on the reduced budget required to set one up. 9.3.4 Italy 7.5 Mexican and Asian Food As a result, it is gaining traction as an ideal business solution across the globe to meet the emerging food delivery demand of local restaurants and fast-food chains. Avail customized purchase options to meet your exact research needs. Figure 25: Global: Cloud Kitchen (Other Product Types) Market Forecast: Sales Value (in Million US$), 2022-2027 It is primarily virtual and is reliant on food delivery apps, website/web portal orders, and/or calls to generate sales. The competition in the market is intensifying with a rise in several individual restaurant operators seeking to enter the food industry with limited investments. 6.1.2 Market Forecast 5.4 Market Forecast Jain (Deemed-to-be-University), Bangalore, Karnataka, INDIA. Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Cloud Kitchen market. 9.2.7.2 Market Forecast 3. Table 3: Global: Cloud Kitchen Market Forecast: Breakup by Product Type (in Million US$), 2022-2027 It provides a thorough overview of the market's current and future objectives, along with a competitive analysis of the industry, broken down by application, type and regional trends. 9.2.7.1 Market Trends Furthermore, the rising demand for digital ordering solutions favors market growth. For further information review our Privacy Policy. Cloud kitchens, also known as ghost kitchens or virtual kitchens, refer to the delivery-only kitchens. 6. Big cloud kitchen data analysis with cost savings when moving to the scalability of operations has to focus on ambiance,,. According to an analysis by Redseer, the cloud kitchen market size is expected to reach $2 billion in the next couple of years. 7.4.1 Market Trends The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Cloud Kitchen market. Some of the major players in the global cloud kitchen market include CloudKitchens, DoorDash Inc., Figure 34: Canada: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 Cloud kitchens are high-profit, low-risk business ventures for restaurant owners, caterers, food entrepreneurs and other food businesses. A web/app-based ordering system in cloud kitchens allows for more flexibility when it comes to setting up a menu, and its pricing as a dish can easily be discarded based on customer feedback without incurring any printing menu costs. 14.3.7.2 Product Portfolio Get a Sample Copy of the Cloud Kitchen Report 2022. 9.3.3 United Kingdom Figure 20: Global: Cloud Kitchen (Seafood) Market: Sales Value (in Million US$), 2016 & 2021 14.3.3 Kitchen United The growing popularity of cloud kitchen solutions over conventional brick-and-mortar locations, to reduce extensive resources and optimize the delivery experience, is primarily catalyzing the global cloud kitchen market. The commissary/shared kitchen segment is expected to register a CAGR exceeding 13.0% over the forecast period. To get more information about this market, Request Sample. Figure 81: Global: Cloud Kitchen Industry: Porter's Five Forces Analysis Figure 5: Global: Cloud Kitchen Market: Breakup by Product Type (in %), 2021 Figure 79: Global: Cloud Kitchen Industry: SWOT Analysis 8.2.2 Market Forecast These services charge between 15% and 35% to restaurants as commission. The organization uses Cloud storage like Amazon Redshift to store all the data, which is connected to Tableau, its data visualization tool and Workforce, its scheduling system. Cloud layer gathers all sensory data which are heterogeneous in nature and uses datamining algorithms to . 2.3 Data Sources The best part is that a company can customize its restaurant management software . 9.4 Latin America A good proxy for supply can be #orders. 2.4 Market Estimation You scrolled through a dozen options before deciding on one of those restaurants. 14.3.1.2 Product Portfolio Consequently, food businesses, including delivery-optimized restaurants, meal prep companies, caterers, and packaged food producers, worldwide are shifting to cloud kitchens to maintain business continuity and deliver food without added overhead or hassle. 9.3.6 Russia The following elements must be included in the business plan: Business Summary : A business summary should ideally explain the concept of your cloud kitchen in a concise manner. Figure 1: Global: Cloud Kitchen Market: Major Drivers and Challenges 9.2.3 India Published Date: March 1, 2020. 7.1.2 Market Forecast The study includes market share analysis and profiles of players such as Dahmakan (Pop Meals), DoorDash, Kitchen United, Kitopi, Rebel Foods, Zuul Kitchens, Inc., Starbucks Coffee Company, Ghost . "Cloud Kitchen. Manager total branch data and analysis for a given time frame. As soon as the order is received, it gets updated in the KDS. Microsoft confirms plans to lay off about 10,000 workers as tech companies cut back. The new report titled Cloud Kitchen Market : By Size, Trends, Share, Growth, Segments, Industry Analysis and Forecast, 2032. issued by Polaris Market Research demonstrates comprehensive information that acts as a valuable source of insightful data for business strategists throughout the forecast period. Press release - Acumen Research and Consulting - Cloud Kitchen Market Size, Share, Statistics, Trends, Competitive analysis, Regional Growth from 2022 to 2030 - published on openPR.com If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. "Cloud Kitchen Market" Research Report explains how the market growth has been unfolding over the recent past and what would be the future market projections during the anticipated period from 2023 to 2028. Anomaly detection in Tweets: Clustering & Proximity based approach. 7.3.2 Market Forecast This can also be attributed to the increasing utilization of smartphones, easy access to high-speed internet and a vast catalogue. Over the years, there has been a rise in number of workforces in various demographic segments. This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2028. Figure 28: Global: Cloud Kitchen (Standalone) Market: Sales Value (in Million US$), 2016 & 2021 One Business, Multiple Brands, Single Kitchen Model. 9.3.4.1 Market Trends The major players are: REEF Technology, CloudKitchens, Kitchen United, Virtual Kitchen Co and DoorDash Kitchens. 10.2 Strengths Labor optimization is the part that is most in need of data analytics the most in operation. 8 Market Breakup by Nature Our team of skilled analysts focuses on understanding the requirements of our clients so as to provide insights best suited to their unique needs. 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 . Why overtime rate? At REEF, we pay extra attention to overtime rate, and this is metric you should emphasize on as well. 5.2 Market Performance 9.2 Asia-Pacific In summary, Cloud kitchens marry academic operation principles with state-of-the-art technology to generate rich insights using data analytics resulting in an Airbnb like model in the food space . 8.1.1 Market Trends Some key players operating in the cloud kitchen market include Dahmakan (Pop Meals); DoorDash; Kitchen United; Kitopi; Rebel Foods; Zuul Kitchens, Inc; Starbucks Coffee Company; Ghost Kitchen Orlando; CloudKitchens; Swiggy. 14.3.4 Kitopi 14.3.9 Starbucks Coffee Company 14.3.6.2 Product Portfolio Believe it or not, theres a chance your meal was cooked at brick and mortar restaurants, but inside of a windowless trailer in parking lots, operated by tech companies like REEF Kitchen, a Cloud kitchen business. 14.3.10 Swiggy After getting the forecasted sales data, its important for the kitchen managers to allocate labor accordingly, maximizing the operation efficiency and minimizing overtime rate. Which nature segment dominated the cloud kitchen market? These insights are included in the report as a major market contributor. Cloud kitchens, often referred to as virtual or ghost kitchens, are much more affordable to run compared to conventional kitchens in dine-in restaurants; ghost kitchens do not require dine-in facilities or account for costs related to property and location. Figure 68: Latin America: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 9.2.4 South Korea Additionally, the demand for online food delivery services increased during the COVID-19 pandemic when dine-in restaurants were closed, which led to the establishment of several cloud kitchens in the region, resulting in regional market growth. 9.3.4.2 Market Forecast 10.1 Overview 14.3.5.3 Financials 7.6.2 Market Forecast For instance, restaurateurs could use advanced tools to derive consumer insights to analyze and update their menu based on popularity and replace items with a higher margin item. multi-brand cloud kitchen accounted for 55% and hybrid cloud kitchen accounted for 20%. According to this report titled, 'Cloud Kitchen Market by Type, Product Type, and Nature: Global Opportunity Analysis and Industry Forecast, 2021-2030,'cloud kitchen market was valued at $29.4 billion in 2020, and is estimated to reach $112.7 billion by 2030, growing at a CAGR of 13.12% from 2021 to 2030. Cloud kitchens are delivery-only kitchens that may be branded or owned by a third party that works with different brands. Key factors that are driving the cloud kitchen market growth include increasing consumer preference for online food services over dining experiences and the increased profit margin of the virtual kitchen business in comparison to dining restaurants. Which type segment led the cloud kitchen market? 7.4.2 Market Forecast The biggest cloud kitchen operator in the US has a data science team dedicated to achieve operational excellence. Restaurants are increasingly renting out their kitchen spaces to different food service providers as an additional source of income. As a new business sector that comes from the intersection between technology and the restaurant industry, it highly relies on data analytics to forecast demand, optimize supply and improve operations. 9.1 North America Excel is powerful tool for data analysis. Take REEF as an example. 14.3.11.1 Company Overview Report Overview. Increasing consumer preference for online food services over dining experiences is one of the major factors contributing to the market growth. The flexibility of operating ghost kitchens from any location, ranging from parking spaces and warehouses to basements, is another key factor adding to the popularity of cloud kitchens. Heres where. Innovative cloud kitchens are displacing home eating and will continue to do so. People searching for burgers are at least having some intent to buy burgers for their meal. 2.2 Stakeholders The order process is fully done online, and foods are delivered to you by food delivery businesses. Global cloud kitchen market was valued at USD 700 Million in 2018 and is expected to grow at a CAGR of 17.25% through the forecast period (2017-2030). The independent cloud kitchen segment held the largest revenue share in 2020, accounting for around 60% of the overall market. Here we'll be using sample dummy data on cloud kitchen to do data analysis in Excel. Data analytics helps Cloud Kitchen in a sense that it solves the business problem at a large scale and at a faster speed. 13 Price Analysis The main reason for the low investment is the rental space. 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. Global Cloud Kitchen Market 2022-2027 Analysis and Segmentation: Competitive Landscape: . Players, stakeholders, and other participants in the global Cloud Kitchen market will be able to gain the upper hand as they use the report as a powerful resource. See for yourself. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2017-2028. 7.4 Seafood On the other hand, stationary restaurants also use separate cloud kitchens to enable more efficient delivery. The increasing trend of cloud kitchens across countries such as China and India is driving the regional market. 2 Scope and Methodology Which region is dominating the Cloud Kitchen market growth? Figure 8: Global: Cloud Kitchen (Independent Cloud Kitchen) Market: Sales Value (in Million US$), 2016 & 2021 10.3 Weaknesses Figure 32: United States: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 9.3.5.2 Market Forecast By setting the right metrics, conducting descriptive, diagnostic and predictive analysis using analytical tools, one can improve Cloud Kitchen performance in areas like marketing and operation. Discounted price for multiple reports across domains, 2. Data Analytics in Cloud Kitchen. 7.1 Burger and Sandwich 2.3 Allows You To Run Restaurants On A Single Cloud Kitchen. Figure 57: France: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 Cloud Kitchen Market Regional And Country Analysis 7.1. 14.3.1 CloudKitchens Get the full research here. This growth can be attributed to the minimum investment involved, ensuring complete control over kitchen operations. Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. 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. List of Figures Global Cloud Kitchen Market to Reach US$ 112.53 Billion by 2027, Bolstered by Growing Popularity of Online Food Delivery Services. Our aim is to provide the best solution that matches the exact customer requirements. 2.4.1 Bottom-Up Approach 12.3 Bargaining Power of Suppliers Figure 31: North America: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 9.4.3 Others The sudden outbreak of the COVID-19 pandemic has led to the rising adoption of cloud kitchen by numerous eateries, owing to the increasing demand for convenient and safe online food delivery services to combat the risk of the coronavirus infection. As known as ghost kitchens, shadow kitchens, virtual kitchens and dark kitchens, Cloud Kitchen is a restaurant with an online presence but no storefront (dine-in facilities). Figure 42: India: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 Data analytics can be powerful in improving Cloud Kitchens business performance. We value your investment and offer free customization with every report to fulfil your exact research needs. International Journal of Analytical and Experimental Modal Analysis, XII(IX), 463-471. The early adopters in the market are expected to capitalize on market opportunities by expanding stores across regions and economies. Because they are designed with tech in mind, cloud kitchens can optimize processes, ordering, and staff scheduling based on consumer behavior. Moreover, hectic life schedule and rise . Profit margins are usually in the range of 10-15 percent as opposed to 5-10 percent as compared to restaurants," informs Dahiya. What is the breakup of the global cloud kitchen market based on the nature? Figure 29: Global: Cloud Kitchen (Standalone) Market Forecast: Sales Value (in Million US$), 2022-2027 Aussie technical support and expertise backed by over 30 years of experience, industry knowledge, training and ongoing commitment to our customers. 9.2.2 Japan Polaris Market Research has come up with a new extensive report titled Cloud Kitchen Market 2023: By Types, Applications, Size, Share, Key Players & Regions Forecast Analysis till 2032 that offers detailed information that enhances this report's knowledge, scope, and utilization. The global Cloud Kitchen market size is projected to reach USD 151800 million by 2028, from USD 90360 million in 2021, at a CAGR of 7.6% during 2022-2028. Please fill out the form below for a free PDF report sample & The India cloud kitchen market is expected to exhibit a CAGR of 15.45% during 2022-2027. 14.3.3.2 Product Portfolio Independent cloud kitchens primarily target consumers that prefer a single cuisine type and largely depend on third-party channels for delivery. Figure 51: Others: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 Choose reports from a database of more than 10,000 reports. Global Cloud Kitchen Market, Split By Region, Historic . My brother died 10 months later. 7.5.2 Market Forecast 14 Competitive Landscape The increasing consumer preference for international cuisines, fast foods, and online ordering is expected to drive the growth of the segment. Figure 69: Latin America: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 9.3.7.2 Market Forecast Figure 36: Asia-Pacific: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 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. Attractive Opportunities In the Cloud Kitchen Market: The Global Cloud Kitchen market is anticipated to rise at a considerable rate during the forecast period, between 2023 and 2028. Free upgrade to enterprise license (allows to share across all company locations), 5. an optimised cloud kitchen uses data analysis in supply chain . Figure 27: Global: Cloud Kitchen (Franchised) Market Forecast: Sales Value (in Million US$), 2022-2027 A Cloud Kitchen that has been operated for a relatively long period of time can use its past order data to build time series models and forecast demand. A cloud kitchen utilizes a commercial kitchen for the purpose of preparing food for delivery or takeout only, with no dine-in customers. The model can be used by start-ups to create 5 years projections along with the construction/setup phase. 4.2 Key Industry Trends Figure 7: Global: Cloud Kitchen Market: Breakup by Region (in %), 2021 14.3.5 Lightspeed Commerce Inc. 4. 5. With services like UberEats, DoorDash, PostMates, Deliveroo, Eat24, Amazon Restaurants, Swiggy, etc., food has become available through just a few clicks. Figure 55: Germany: Cloud Kitchen Market Forecast: Sales Value (in Million US$), 2022-2027 8.2 Standalone 14.3.5.2 Product Portfolio Looking forward, IMARC Group expects the market to reach a value of US$ 112.53 Billion by 2027 exhibiting a growth rate (CAGR) of 11.50% during 2022-2027. Aussie technical support and expertise backed by over 30 years of experience, industry knowledge, training and ongoing commitment to our customers.As a former Telstra enterprise solutions partner, Cloud Kitchen is the logical choice to provide scalable whole-of-business solutions across all areas of Voice, Data, Internet, Mobility, Cloud and Business Continuity. Cloud Kitchen Market Size is projected to Reach Multimillion USD by 2028, In comparison to 2021, at unexpected CAGR during the forecast Period 2022-2028. However, on establishing as a brand, the increase in affluent customers demanding quality food delivery services is encouraging restaurateurs to opt for standalone kitchens. You can consider using a typical food delivery app funnel (i.e. Cloud kitchens are more like tech startups than restaurants. In a fast-paced cloud kitchen, order preparation time is usually around is 10-12 minutes, if you want to deliver the order within 30 minutes. Anyway, this brings us to the concept of Cloud Kitchen. With our tool, district managers at REEF can minimize the overtime labor hours, increasing operational profit. Figure 60: Italy: Cloud Kitchen Market: Sales Value (in Million US$), 2016 & 2021 9.4.1.2 Market Forecast This holds true in the Cloud Kitchen space, whose cost structure is highly dependent on labor cost given that fixed cost generated from physical storefront like rent no longer poses a problem. 360 Research Reports is the credible source for gaining the market reports that will provide you with the lead your business needs. 14.3.11.2 Product Portfolio You can also contact MarketWatch Customer Service via our Customer Center. According to a new report published by Allied Market Research, titled, "Cloud Kitchen Market by Type, Product Type and Nature: Global Opportunity Analysis and Industry Forecast, 2021-2027 . What are the key factors driving the global cloud kitchen market? The franchised segment dominated the cloud kitchen market in 2020, accounting for more than 60% of the revenue share. 9.2.3.2 Market Forecast Figure 17: Global: Cloud Kitchen (Pizza and Pasta) Market Forecast: Sales Value (in Million US$), 2022-2027 COVID-19 The pandemic continues to cause unprecedented disruption across industries worldwide. The Forecast period is dominating the cloud kitchen market, Request Sample the budget. Analytical and Experimental Modal analysis, XII ( IX ), 463-471 factors driving regional. Do data analysis hybrid cloud kitchen market based on the reduced budget required to one! Nature and uses datamining algorithms to to buy burgers cloud kitchen data analysis their meal using a typical food delivery businesses the problem. Forecast 5.4 market Forecast the biggest cloud kitchen accounted for 20 % do so emphasize as. Projections along with the construction/setup phase research needs 10,000 workers as tech companies cut.! 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