{"id":131466,"date":"2024-05-15T09:22:42","date_gmt":"2024-05-15T13:22:42","guid":{"rendered":"https:\/\/d5t8g5d.farmpresstheme.com\/restaurants\/cloud-kitchen-market-to-reach-154-9-billion-globally-by-2035-at-11-0-cagr-allied-market-research\/"},"modified":"2024-05-15T09:22:42","modified_gmt":"2024-05-15T13:22:42","slug":"cloud-kitchen-market-to-reach-154-9-billion-globally-by-2035-at-11-0-cagr-allied-market-research","status":"publish","type":"post","link":"https:\/\/d5t8g5d.farmpresstheme.com\/restaurants\/cloud-kitchen-market-to-reach-154-9-billion-globally-by-2035-at-11-0-cagr-allied-market-research\/","title":{"rendered":"Cloud Kitchen Market to Reach $154.9 billion, Globally, by 2035 at 11.0% CAGR: Allied Market Research"},"content":{"rendered":"

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The cloud kitchen market has experienced significant growth owing to\u00a0change in consumer preferences toward convenience and online food delivery services, which has helped boost demand. Moreover, lower overhead costs as compared to traditional restaurants attract entrepreneurs to enter into cloud kitchen business. In addition, advancements in technology facilitate efficient operations and order management have collectively contributed to the rapid growth of the cloud kitchen market.<\/i><\/p>\n

WILMINGTON, Del.<\/span><\/span>, May 9, 2024<\/span><\/span> \/PRNewswire\/ — Allied Market Research published a report, titled,\u00a0“<\/b>Cloud Kitchen Market<\/a><\/b>\u00a0by Nature (Franchised and\u00a0Standalone), Type (Independent Cloud Kitchen, Commissary\/Shared Kitchen, and Kitchen Pods), and Product Type (Burger\/Sandwich, Pizza, Pasta, Chicken, Seafood, Mexican\/Asian Food, and Others): Global Opportunity Analysis and Industry Forecast, 2024-2035″<\/b>. According to the report, the “cloud kitchen market” was valued at $44.9 billion<\/span> in 2023, and is estimated to reach $154.9 billion<\/span> by 2035, growing at a CAGR of 11.0% from 2024 to 2035.<\/p>\n

Download PDF Brochure:<\/b>\u00a0https:\/\/www.alliedmarketresearch.com\/request-sample\/A06408<\/a><\/p>\n

Prime determinants of growth<\/p>\n

The rapid expansion of the cloud kitchen market is fueled by shifting consumer preferences towards convenience and online food delivery services, with\u00a0significant impact of the COVID-19 pandemic on traditional dine-in restaurants. As consumers increasingly opt for the ease of ordering food online, cloud kitchens emerge as a cost-effective solution tailored for delivery-only operations, catering to rise in\u00a0demand for off-premises dining options. The pandemic has acted as a catalyst, accelerating the adoption of cloud kitchens as restaurants pivot toward delivery-centric models to adapt to restrictions and closures. Moreover, the scalability and flexibility of cloud kitchens attract both food entrepreneurs and established restaurant brands, offering opportunities for market expansion with reduced overhead costs.<\/p>\n

Report coverage & details<\/p>\n

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Report Coverage<\/b>\u00a0<\/span><\/p>\n<\/td>\n

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Details<\/b>\u00a0<\/span><\/p>\n<\/td>\n<\/tr>\n

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Forecast Period\u00a0<\/span><\/p>\n<\/td>\n

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2024\u20132035<\/span><\/p>\n<\/td>\n<\/tr>\n

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Base Year\u00a0<\/span><\/p>\n<\/td>\n

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2023<\/span><\/p>\n<\/td>\n<\/tr>\n

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Market Size in 2022\u00a0<\/span><\/p>\n<\/td>\n

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$44.9 Billion\u202f<\/span><\/p>\n<\/td>\n<\/tr>\n

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Market Size in 2032\u00a0<\/span><\/p>\n<\/td>\n

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$154.9 Billion\u202f<\/span><\/p>\n<\/td>\n<\/tr>\n

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CAGR\u00a0<\/span><\/p>\n<\/td>\n

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11.0\u00a0%<\/span><\/p>\n<\/td>\n<\/tr>\n

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No. of Pages in Report\u00a0<\/span><\/p>\n<\/td>\n

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285<\/span><\/p>\n<\/td>\n<\/tr>\n

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Segments Covered\u00a0<\/span><\/p>\n<\/td>\n

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Nature, Type, Product Type, and Region <\/span><\/p>\n<\/td>\n<\/tr>\n

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Regional Scope\u202f\u202f\u00a0<\/span><\/p>\n<\/td>\n

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North America, Europe, Asia Pacific, Latin America, and Middle East & Africa \u202f\u00a0<\/span><\/p>\n<\/td>\n<\/tr>\n

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Country Scope\u202f\u202f\u00a0<\/span><\/p>\n<\/td>\n

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U.S., Canada, Mexico; UK, Germany, France, Italy, Spain, Russia; China, Japan, India, Australia, ASEAN; Brazil, Argentina, Colombia; GCC, and South Africa<\/span><\/p>\n<\/td>\n<\/tr>\n

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Drivers\u00a0<\/span><\/p>\n<\/td>\n

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Increasing demand for online food delivery services<\/span><\/p>\n<\/td>\n<\/tr>\n

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Cost-effectiveness and efficiency of cloud kitchen operations<\/span><\/p>\n<\/td>\n<\/tr>\n

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Adaptation to changing consumer preferences, especially post-COVID-19<\/span><\/p>\n<\/td>\n<\/tr>\n

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Opportunities\u00a0<\/span><\/p>\n<\/td>\n

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Expansion into underserved or untapped markets<\/span><\/p>\n<\/td>\n<\/tr>\n

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Integration of technology for enhanced operations and customer experience<\/span><\/p>\n<\/td>\n<\/tr>\n

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Restraints\u00a0<\/span><\/p>\n<\/td>\n

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Intense competition in the food delivery market<\/span><\/p>\n<\/td>\n<\/tr>\n

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Challenges in maintaining food quality and consistency<\/span><\/p>\n<\/td>\n<\/tr>\n

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Regulatory hurdles and compliance issues<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n

The\u00a0franchised\u00a0segment to maintain its leadership status during the forecast period<\/p>\n

By nature, the franchised segment held the highest market share in 2023, accounting for nearly three-fourths of the global cloud kitchen market revenue and is estimated to maintain its leadership status during the forecast period.\u00a0Franchised cloud kitchen accounts for a higher value share, as the segment has a larger customer base, which is loyal to its brand and product offerings. Such kitchens have unique trademarks that are used for promotional activities as well as for selling their products. These kitchens also provide or facilitate customer loyalty programs for customers who frequently order food from cloud kitchens. Furthermore, Halal Guys, a cloud kitchen is working with Fransmart, which is a franchise development company, to develop 400 new independent cloud kitchens to increase its delivery services. Hence, effective franchising strategies adopted by operators boost the growth of the cloud kitchen market.<\/p>\n

Procure Complete Report (285 Pages PDF with Insights, Charts, Tables, and Figures) @<\/b>\u00a0https:\/\/www.alliedmarketresearch.com\/checkout-final\/cloud-kitchen-market<\/a><\/p>\n

The independent cloud kitchen segment to maintain its leadership status during the forecast period<\/p>\n

By type, the independent cloud kitchen segment held the highest market share in 2023, accounting for more than three-fifths of the global cloud kitchen market and is estimated to maintain its leadership status during the forecast period.\u00a0Independent cloud kitchens dominate the market primarily owing to their agility, adaptability, and lower barriers to entry compared to traditional restaurant chains. Unlike established brands, independent operators can swiftly respond to changing consumer preferences, experiment with diverse cuisines, and pivot their offerings without the constraints of legacy infrastructure or brand image. Moreover, independent cloud kitchens often require less initial investment, as they can operate from smaller, more cost-effective locations and leverage shared kitchen spaces. As a result, less investment allows entrepreneurs and small businesses to enter the market more easily and compete alongside larger players. In addition, rise in online food delivery platforms has increased access to customers, enabling independent cloud kitchens to reach broader audiences and establish a loyal customer base without the need for extensive marketing budgets or physical storefronts.<\/p>\n

The burger and sandwich segment to maintain its leadership status during the forecast period<\/p>\n

By product type, the burger and sandwich segment held the highest market share in 2023, accounting for more than one-fifth of the global cloud kitchen market and is estimated to maintain its leadership status during the forecast period.\u00a0These classic comfort foods cater to a wide range of tastes and dietary preferences, which makes them a popular choice for consumers across different demographics and cultures. Moreover, burgers and sandwiches are well-suited for delivery, as they travel well and maintain their quality during transit, ensuring a satisfying dining experience for customers ordering from cloud kitchens. Furthermore, the customizable nature of burgers and sandwiches allows for endless variations and innovative flavor combinations\u00a0that enables cloud kitchen operators to differentiate their offerings and attract customers seeking unique culinary experiences. Thus, with the growing demand for convenient and affordable dining options, burgers and sandwiches continue to drive high sales rates in the cloud kitchen market globally, serving as staple menu items for both independent operators and established restaurant brands.<\/p>\n

For Purchase Inquiry:<\/b>\u00a0https:\/\/www.alliedmarketresearch.com\/purchase-enquiry\/A06408<\/a><\/p>\n

North America<\/span> to maintain its dominance by 2035<\/p>\n

Region-wise, North America<\/span> held the highest market share<\/a><\/b>\u00a0in terms of revenue in 2023 and is expected\u00a0to dominate the market during the forecast period.\u00a0Rise in population and improved lifestyle are the key factors that drive the growth of the cloud kitchen market. Increase in purchasing power in the region majorly boosts sales of cloud kitchen products in the region. Moreover, consumers are increasingly opting for different types of fast food, resulting in a strong requirement of cloud kitchen products. Thus, the cloud kitchen market holds significant potential and is expected to experience a considerably higher growth rate during the forecast period in the region.<\/p>\n

Leading Market Players: –<\/p>\n