The global cloud kitchen market size is expected to grow from $52.23 billion in 2021 to $58.13 billion in 2022 at a compound annual growth rate (CAGR) of 11.3%. The global cloud kitchens market size is expected to grow to $89.5 billion in 2026 at a CAGR of 11.4%.
What is the Global Cloud Kitchen Market?
The cloud kitchen market consists of sales of cloud kitchens by entities (organizations, sole traders, and partnerships) that are referred to as virtual kitchens or ghost kitchens. The cloud kitchen is a commercial kitchen that helps in providing space for food businesses including the services and facilities that are needed to prepare the menu for takeout and delivery. Cloud kitchen is specifically used for food deliveries only.
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What drives the Global Cloud Kitchen Market?
The increase in number of smartphone users, increasing demand for online food services is expected to drive the growth of the cloud kitchen market. The increasing consumer preference for online food services is due to the hectic life schedules of people and rising disposable incomes which increases the growth of the cloud kitchen. For instance, in 2021, Oberlo reported the number of global smartphone users accounted to nearly 6.4 billion, marking a 5.3% annual increase. The smartphone penetration rate in 2023 will be at nearly 53.8%. Therefore, the increasing number of smartphone users is driving the growth of the cloud kitchen market.
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Global Cloud Kitchen Market Segments
The global cloud kitchen market is segmented:
By Type: Independent Cloud Kitchen, Commissary or Shared Kitchen, Kitchenpods
By Food Type: Burger and Sandwich, Pizza and Pasta, Chicken, Seafood, Mexican and Asian Food, Others
By Nature: Franchised, Standalone
By Geography: The regions covered in the cloud kitchen market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Cloud Kitchen Global Market Report 2022provides market size and growth forecasts for the global cloud kitchen market, global cloud kitchen market share, cloud kitchen market segments and geographies, cloud kitchen market competitive landscape including leading competitors’ revenues, profiles and market shares. The cloud kitchen market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Global Cloud Kitchen Industry Playersinclude Kitchen United, Rebel Foods, DoorDash Kitchens, Ghost Kitchen Orlando, Toast Inc, Posist Technologies, Kitopi Catering Services LLC, Farm to Fork, Xenial Inc. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.
