NEW YORK, March 19, 2021 /PRNewswire/ — The cloud kitchen market is expected to grow by USD 1.18 billion during 2020-2024, according to Technavio. The report offers a detailed analysis of the impact of COVID-19 pandemic on the cloud kitchen market in optimistic, probable, and pessimistic forecast scenarios.
Enterprises will go through the Response, Recovery, and Renew phases.
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The cloud kitchen market will witness a negative impact during the forecast period owing to the widespread growth of the COVID-19 pandemic. As per Technavio’s pandemic-focused market research, market growth increased in 2020 as compared to 2019.
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