According to the current analysis of Reports and Data, the global cloud kitchen market was valued at USD 0.65 Billion in 2018 and is expected to reach USD 2.63 Billion by the year 2026, at a CAGR of 17.2%. The study provides an overall insight into the factors responsible for the growth in the cloud kitchen market. The factors driving the cloud kitchen market are the rising adoption of online food delivery platforms, eliminating the need for physical infrastructure and equipment, increasing standard of living and urbanization, and the low cost implementation. The cloud kitchen market offers different opportunities to the suppliers due to the growing investments for the digitalization of process and industries, growing alliances of restaurant owners and the technology vendors, and the increasing adoption of food delivery applications worldwide. An increasing number of key players are partnering up with the major core companies in the above sectors to provide superior and more efficient platform to help them grow their business as well as redefine experiences for the customers. In October 2018, Ola owned company Foodpanda acquired Holachef to expand its offering and presence in the cloud kitchen market and launch a range of products in the various categories and cuisines.
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The cloud kitchen is a restaurant which has no physical infrastructure and no dine-in or takeaway capability. It is a virtual restaurant that does not exist as a physical entity. It is heavily dependent on third-party integrations, home delivery applications, orders placed via a website, web portal or on a call. The cloud kitchen empowers the restaurant owners the adaptability to work at least one eateries/brands utilizing a similar foundation, assets, and stock under numerous brand names. The cloud kitchen for the most part involves taking order request, handling of the request, and fulfilling the request. The cloud kitchen is a lucrative business model for the restaurant owners who want to expand their food offerings to multiple locations, multiple brands, and multiple cuisines. The cloud kitchen platform empowers them to use the same existing infrastructure to deliver food items at multiple locations under multiple brand names and cuisines. The platform also enables effective management of all the associated activities and processes for multiple brands and franchises at a centralized place along with reporting and analytics features to create customised business growth plans and identify opportunities using customer preferences and buying patterns.
Further key findings from the report suggest
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Component type (Revenue in USD Million; 2016–2026)
Solutions (Revenue in USD Million; 2016–2026)
Deployment type (Revenue in USD Million; 2016–2026)
End-User (Revenue in USD Million; 2016–2026)
Regional Outlook (Revenue in USD Million; 2016–2026)
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Table Of Content:
Chapter 1. Market Synopsis 1.1. Market Definition 1.2. Research Scope & Premise 1.3. Methodology 1.4. Market Estimation Technique Chapter 2. Executive Summary 2.1. Summary Snapshot, 2018-2026 Chapter 3. Indicative Metrics 3.1. Increasing number of smart phone users 3.2. Increased adoption of online food delivery platforms worldwide 3.3. Use of blockchain for digital payments Chapter 4. Cloud Kitchen Market Segmentation & Impact Analysis 4.1. Industrial Outlook 4.2. Market indicators analysis 4.2.1. Market drivers analysis 4.2.1.1. Rising adoption of online food delivery platforms 4.2.1.2. Eliminating the need for physical infrastructure and equipment
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Chapter 10. Competitive Landscape 10.1. Market Revenue Share By Cloud Kitchen Providers 10.2. Mergers & Acquisitions 10.3. Market positioning 10.4. Strategy Benchmarking 10.5. Vendor Landscape Chapter 11. Company Profiles 11.1. Toast, Inc. 11.1.1. Company Overview 11.1.2. Financial Performance 11.1.3. Technology Insights 11.1.4. Strategic Initiatives 11.2. Square, Inc. 11.2.1. Company Overview 11.2.2. Financial Performance 11.2.3. Technology Insights 11.2.4. Strategic Initiatives 11.3. Xenial, Inc. 11.3.1. Company Overview 11.3.2. Financial Performance 11.3.3. Technology Insights 11.3.4. Strategic Initiatives 11.4. Ambiosys Labs Pvt Ltd. 11.4.1. Company Overview 11.4.2. Financial Performance 11.4.3. Technology Insights 11.4.4. Strategic Initiatives 11.5. ORDERLORD 11.5.1. Company Overview 11.5.2. Financial Performance 11.5.3. Technology Insights 11.5.4. Strategic Initiatives 11.6. LogBase Technologies LLP 11.6.1. Company Overview 11.6.2. Financial Performance 11.6.3. Technology Insights 11.6.4. Strategic Initiatives 11.7. POSist Technologies Pvt. Ltd. 11.7.1. Company Overview 11.7.2. Financial Performance 11.7.3. Technology Insights 11.7.4. Strategic Initiatives
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