Global Cloud Kitchen Market By Overview
Introduction:
Cloud kitchen/Virtual kitchens have no infrastructure they are fully equipped kitchens that you can find in most of the restaurants but they don’t have dine-in or takeaway facility. They run solely for the third-party incorporations, online food delivery services like Uber Eats, Zomato, and Swiggy etc. These kitchens don’t require much upfront costs when compared to a classic dine-in & takeaway restaurant and thus this is the major opportunity for budding restaurateurs can use this to test out their brand & customer base before opening a premise in a low-risk environment. Thus allowing the chefs to concentrate on one objective, to prepare/serve the best food to their customers.
Drivers and Restraints:
The idea of ordering food anytime, anywhere from your smartphone has mesmerized mobile users and since then this inventive idea, the food industry has suddenly seen a lot of booms. Many restaurants have been encouraged to market their business and services through a mobile application for food delivery. Increasing standard of living and urbanization, rising adoption of online food delivery applications & IoT, the ability to eliminate the need for physical infrastructure and equipment for setting up a restaurant, and the low-cost implementation of these platforms are some of the growth factors driving the cloud kitchen market. Internet of Things (IoT) plays a major role in cloud kitchen technology as it does the utilization of the services very well right from the quality of the food, preparation time and delivery time, from restaurant to customer, and getting quick customer feedbacks gives opportunities to restaurateurs to serve better food to its customers.
Segmentation:
The global cloud kitchen market is segmented based on component, deployment type, end-user and region.
The cloud kitchen gives the restaurant owner the flexibility to operate one or more restaurants/brands using the same infrastructure, equipment, resources, and inventory under multiple brand names. Based on component the global cloud market is segmented into a platform and services. The platform segment is expected to show better growth than services due to the increased demand for integrated solutions in the restaurants for order management, inventory management, and customer experience management. Cloud kitchen can be deployed both on the web as well as the mobile platform. The web deployment of these platforms offers numerous advantages over mobile deployment such as inbuilt inventory and supply chain management, support for offline functionality, and different SEO tools for enhanced marketing activities.
Based on the region the global cloud kitchen market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia-Pacific is expected to dominate the global cloud kitchen market and is accounted to maintain its dominance over the forecast period. This is mainly attributed due to huge potential in the market due to rapid urbanization and global digitization, and the increasing standard of living of the people, cost-effectiveness, improve efficiency is expected to supplement the growth of cloud kitchen market. In India, there are many Cloud kitchens namely Faasos Food Services Pvt. Ltd., Holachef, Freshmenu, RedBox, Box8, Rolls Mania etc. These players run solely depending upon the online orders but few of them have introduced takeaways due to the increasing competitors.
Key Players:
The key players operating the global cloud kitchen market involves Toast, Inc., Square, Inc., Xenial, Inc., Ambiosys Labs Pvt Ltd., ORDERLORD, LogBase Technologies LLP, POSist Technologies Pvt. Ltd., Bringg Delivery Technologies Ltd., PAR Technology Corporation, Faasos Food Services Pvt. Ltd., Goldenoak Foods and Beverages Pvt. Ltd., Poncho Hospitality Pvt. Ltd., and Lightspeed Restaurant. Prominent players operating in the target market are focusing on strategic partnerships as well as the launching of the online services/applications to gain a competitive edge in the target market. For instance, in December 2019, Uber and Zomato are in talks for collaboration for food delivery cab services. This deal of Zomato and Uber will help many local restaurants to increase their food sales due to increasing competition from competitors. Further, Food delivery platform Swiggy plans to invest Rs 75 crore in the next six months to expand its cloud kitchen or delivery-only infrastructure business.
Detailed Segmentation:
Global Cloud Kitchen Market, By Component:
- Platform
- Order Management
- Inventory Management
- Customer Experience Management
- Reporting & Analytics
- Services
- Consulting and Training Services
- System Integration and deployment
- Technical Support
- Managed
Global Cloud Kitchen Market, By Deployment Mode,
- Web
- Mobile
Global Cloud Kitchen Market, By End-User,
- Commercial
- Residential
- Hotel Industry
- Hospitality
- Others
Global Cloud Kitchen Market, By Region,
- North America
- North America Cloud Kitchen Market, By Component
- North America Cloud Kitchen Market, By Deployment Mode
- North America Cloud Kitchen Market, By End-User
- North America Cloud Kitchen Market, By Country
- The U.S.
- Canada
- Europe
- Europe Cloud Kitchen Market, By Component
- Europe Cloud Kitchen Market, By Deployment Mode
- Europe Cloud Kitchen Market, By End-User
- Europe Cloud Kitchen Market, By Country
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Asia Pacific Cloud Kitchen Market, By Component
- Asia Pacific Cloud Kitchen Market, By Deployment Mode
- Asia Pacific Cloud Kitchen Market, By End-User
- Asia Pacific Cloud Kitchen Market, By Country
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Latin America Cloud Kitchen Market, By Component
- Latin America Cloud Kitchen Market, By Deployment Mode
- Latin America Cloud Kitchen Market, By End-User
- Latin America Cloud Kitchen Market, By Country
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Middle East & Africa Cloud Kitchen Market, By Component
- Middle East & Africa Cloud Kitchen Market, By Deployment Mode
- Middle East & Africa Cloud Kitchen Market, By End-User
- Middle East & Africa Cloud Kitchen Market, By Country
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
Key Issues Addressed
- What is the total revenue potential of the Global Cloud Kitchen Market?
- How that market is expected to grow during the study period?
- What are some of the major growth opportunities/trends in the Cloud Kitchen Market?
- Which companies are the major players in the Cloud Kitchen Market?
The key points:
- According to the survey conducted by UberEats, 34 per cent of Indians want to dine out while 18 per cent prefer take-away. Out of the 48 per cent who prefer to buy outside food, 76 per cent want to have it in their home, while 13 per cent want it delivered to their workplace or college and 5 per cent at friend's home. Thus these factors increasing cloud kitchen Market.
- Foods services business entrepreneur Karan Tanna has launched Virtual Kitchens/Ghost Kitchens, an investment and incubation company for start-ups in the cloud kitchen segment.
Global Cloud Kitchen Market By Table of Contents
Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Industry Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Purview
- Executive Summary
- Key Findings—Global Outlook for Cloud Kitchen Strategies
- Key Questions this Study will Answer
- Market Snippet, By Component
- Market Snippet, By Deployment Mode
- Market Snippet, By End-User
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Global E-commerce in Agriculture Market, By Component, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Platform
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Services
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global E-commerce in Agriculture Market, By Deployment Mode, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Web
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Mobile
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global E-commerce in Agriculture Market, By End-User, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Commercial
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Residential
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Hotel Industry
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Hospitability
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Others
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global E-commerce in Agriculture Market, By Region, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Regional Trends
- North America
- Market Size and Forecast (US$ Mn), By Component, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Deployment Mode, 2020 – 2030
- Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Mn), By Component, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Deployment Mode, 2020 – 2030
- Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Mn), By Component, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Deployment Mode, 2020 – 2030
- Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Mn), By Component, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Deployment Mode, 2020 – 2030
- Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Mn), By Component, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Deployment Mode, 2020 – 2030
- Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
-
- Toast, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Square, Inc.
- Xenial, Inc.
- Ambiosys Labs Pvt Ltd.
- LogBase Technologies LLP
- POSist Technologies Pvt. Ltd.
- Bringg Delivery Technologies Ltd.
- PAR Technology Corporation
- Faasos Food Services Pvt. Ltd.
- Goldenoak Foods and Beverages Pvt.
- Poncho Hospitality Pvt. Ltd.
- Lightspeed Restaurant.
- ORDERLORD
- Toast, Inc.
-
- The Last Word
- Future Impact
- About Us
- Contact
FAQs
The Cloud Kitchen Market report segments the market been segmented on the basis of Type, Application and Region.
Increasing standard of living and urbanization, rising adoption of online food delivery applications & IoT, the ability to eliminate the need for physical infrastructure and equipment for setting up a restaurant, and the low-cost implementation of these platforms are some of the growth factors driving the cloud kitchen market.
Asia-Pacific is expected to dominate the global cloud kitchen market and is accounted to maintain its dominance over the forecast period
The leading players operating in the Cloud Kitchen Market includes Toast, Inc., Square, Inc., Xenial, Inc., Ambiosys Labs Pvt Ltd., ORDERLORD, LogBase Technologies LLP, POSist Technologies Pvt. Ltd., Bringg Delivery Technologies Ltd., PAR Technology Corporation, Faasos Food Services Pvt. Ltd., Goldenoak Foods and Beverages Pvt. Ltd., Poncho Hospitality Pvt. Ltd., and Lightspeed Restaurant.