The Global Cloud Kitchen Market Size accounted for USD 63.0 Billion in 2021 and is estimated to achieve a market size of USD 373.4 Billion by 2030 growing at a CAGR of 22% from 2022 to 2030. One of the key factors driving the expansion of the cloud kitchen market value is the growing consumer preference for online food solutions over dining experiences. Furthermore, hectic life schedules and an increase in disposable income among consumers are significant drivers of the cloud kitchen market growth.
Cloud Kitchen Market Report Key Highlights
Cloud Kitchen is otherwise known as a ghost kitchen, dark kitchen, or virtual restaurant. These are usually cooking spaces without a dine-in option or usually catering hubs for online pick-ups. These kitchens have no physical space for dine-in and are entirely dependent on online orders placed through online food aggregators or through websites or mobile applications. Some of the advantages associated with cloud kitchens include low operational costs, low setup and introduction costs, and automation.
Global Cloud Kitchen Market Dynamics
Cloud Kitchen Market Report Coverage
|Market||Cloud Kitchen Market|
|Cloud Kitchen Market Size 2021||USD 63.0 Million|
|Cloud Kitchen Market Forecast 2030||USD 373.4 Million|
|Cloud Kitchen Market CAGR During 2022 - 2030||22.0%|
|Cloud Kitchen Market Analysis Period||2018 - 2030|
|Cloud Kitchen Market Base Year||2021|
|Cloud Kitchen Market Forecast Data||2022 - 2030|
|Segments Covered||By Type, By Product Type, By Nature, And By Geography
|Regional Scope||North America, Europe, Asia Pacific, Latin America, and Middle East & Africa|
|Key Companies Profiled||Cloud Kitchen, Dahmakan, DoorDash Kitchens, Ghost Kitchen Orlando, Keatz, Kitchen United, Kitopi, Rebel Foods, Starbucks (Star Kitchen), and Zuul Kitchen|
||Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis|
The rising demand for on-demand food delivery or online food delivery is primarily driving the market growth. The increasing consumption of prepared snacks and meals particularly in developed and developing economies is further bolstering the market growth. The increasing working hours, as well as the working population in developing economies, are seeking options of delivery for ready meals due to time constraints. Thus, rising demand for ready-to-eat food products particularly among working people of developed countries is additionally propelling the market value.
On the other hand, growing awareness about risks associated with the unhealthy diet from the packaged and ready meals due to high carbs and oil is likely to hinder the growth over the forecast period from 2022 to 2030.
Cloud Kitchen Market Segmentation
The global cloud kitchen market segmentation is based on type, product type, nature, and geography.
Cloud Kitchen Market By Type
According to the cloud kitchen industry analysis, the independent cloud kitchen segment will have the highest revenue share in 2021. Independent cloud kitchen is a single brand model that has a single kitchen with no storefront. These have no offline presence or physical store that provides the advantage of overhead cost and operating expenses by removing the facade. These models are getting famous owing to the rising popularity of the online ordering system, advancements in restaurant technology, and high consumer demand for food delivery.
Cloud Kitchen Market By Product Type
In terms of product type, the burger segment accounted for the largest share in 2021. This rise is linked to the increasing demand for fast meals by millennial and generation Z consumers all over the world due to their hectic lifestyles.
Cloud Kitchen Market By Nature
According to the cloud kitchen market forecast, the franchised segment has a dominant share and is also expected to expand at the highest rate with a significant CAGR from 2022 to 2030. The increasing trend of franchising among the stakeholders owing to the advantages associated with the franchise like less capital requirement and easy expansion of business is additionally supporting the segmental market value. The increasing focus on the marketing of food franchises in developing and developed economies is further projected to support growth over the forecast period. Commissary (Aggregator) Kitchen refers to the rented empty kitchen space. These are basically many small kitchens operating in one larger kitchen space with multiple brand names at a single time. These are also termed the kitchen as a service (KaaS) owing to their concept of shared working space.
Cloud Kitchen Market Regional Outlook
The Middle East & Africa (MEA)
Asia-Pacific Cloud Kitchen Market is Experiencing Maximum Growth
The Asia-Pacific is experiencing significant growth in the cloud kitchen market and the region is also projected to dominate the overall cloud kitchen market over the forecast period from 2022 to 2030. The rapid urbanization along with the increasing disposable income and standard of living is boosting the regional market value. The increasing usage of digital applications in the developing economies of the region owing to the affordable cost of data packs is further bolstering the regional market value. The increasing focus of major food franchises in the region is additionally propelling the regional market value. Moreover, North America is having a potential share in the cloud kitchen market in 2021. The region is anticipated to exhibit steady growth over the estimated period.
Cloud Kitchen Market Players
Some of the top cloud kitchen market companies offered in the professional report include Cloud Kitchen, Dahmakan, DoorDash Kitchens, Ghost Kitchen Orlando, Keatz, Kitchen United, Kitopi, Rebel Foods, Starbucks (Star Kitchen), and Zuul Kitchen.
The estimated value of global cloud kitchen market in 2021 was accounted to be USD 63.0 Billion.
The projected CAGR cloud kitchen market during the analysis period of 2022 to 2030 is 22.0%.
The prominent players of the global cloud kitchen market are Cloud Kitchen, Dahmakan, DoorDash Kitchens, Ghost Kitchen Orlando, Keatz, Kitchen United, Kitopi, Rebel Foods, Starbucks (Star Kitchen), and Zuul Kitchen.
Asia-Pacific held the dominating cloud kitchen during the analysis period of 2022 to 2030.
North America region exhibited fastest growing CAGR for cloud kitchen during the analysis period of 2022 to 2030.
Rise of on-demand food delivery across the globe, and growing use of mobile phones and the internet, drives the growth of global cloud kitchen market.
Based on nature, franchised segment is expected to hold the maximum share cloud kitchen market.