Global Cloud Kitchen Market 2020-2024 | 59% Growth to Originate from APAC | Technavio | Business

LONDON–(BUSINESS WIRE)–Feb 4, 2021–

The cloud kitchen market is expected to grow by USD 1.18 billion, progressing at a CAGR of almost 19% during the forecast period.

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Technavio has announced its latest market research report titled Global Cloud Kitchen Market 2020-2024 (Graphic: Business Wire)

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The advantages of cloud kitchens over restaurants is one of the major factors propelling market growth. However, factors such as the growing preference for home-cooked food will hamper growth.

More details: https://www.technavio.com/report/cloud-kitchen-market-industry-analysis

Cloud Kitchen Market: Type Landscape

Based on the type, the market saw maximum growth in the franchised segment. During the forecast period, the segment is expected to offer several growth opportunities for vendors operating in the market.

Cloud Kitchen Market: Geographic Landscape

By geography, APAC is going to have a lucrative growth during the forecast period. About 59% of the market’s overall growth is expected to originate from APAC. Factors such as the growth in the number of working people and rapid expansion plans by major players. China, India, and Japan are the key markets for the cloud kitchen in APAC.

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Companies Covered:

  • Bundl Technologies Pvt. Ltd.
  • CloudKitchens
  • Doordash Inc.
  • Kitchen United
  • Kitopi Catering Services LLC
  • Postmates Inc.
  • Rebel Foods Private Ltd.
  • Salted
  • SBEEG Holdings Licensing LLC
  • Zuul Kitchens Inc.

What our reports offer:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers market data for 2019, 2020, until 2024
  • Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Key Topics Covered:

Executive Summary

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 – 2024

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Type

  • Market segments
  • Comparison by Type
  • Franchised – Market size and forecast 2019-2024
  • Standalone – Market size and forecast 2019-2024
  • Market opportunity by Type

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC – Market size and forecast 2019-2024
  • North America – Market size and forecast 2019-2024
  • Europe – Market size and forecast 2019-2024
  • South America – Market size and forecast 2019-2024
  • MEA – Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Competitive scenario
  • Vendor landscape
  • Landscape disruption
  • Industry risks

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Bundl Technologies Pvt. Ltd.
  • CloudKitchens
  • DoorDash Inc.
  • Kitchen United
  • Kitopi Catering Services LLC
  • Postmates Inc.
  • Rebel Foods Private Ltd.
  • Salted
  • SBEEG Holdings Licensing LLC
  • Zuul Kitchens Inc.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com:https://www.businesswire.com/news/home/20210204006145/en/

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KEYWORD:

INDUSTRY KEYWORD: RESTAURANT/BAR FOOD/BEVERAGE OTHER RETAIL RETAIL SPECIALTY

SOURCE: Technavio Research

Copyright Business Wire 2021.

PUB: 02/04/2021 05:37 PM/DISC: 02/04/2021 05:37 PM

http://www.businesswire.com/news/home/20210204006145/en

Copyright Business Wire 2021.