Product ID: UCMIG25S2010
Report ID:
UCMIG25S2010 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
Cloud kitchens are delivery-only kitchens that can be owned by a brand or a third party that collaborates with multiple brands. Brands that use cloud kitchens can also run a virtual restaurant or a physical restaurant. Furthermore, the increased use of independent cloud kitchens by grocery stores, restaurant brands, and multi-branded restaurants has fueled the cloud kitchen market's growth. Furthermore, Kroger has collaborated with food delivery service ClusterTruck to launch a number of independent cloud kitchens that provide meal delivery from central kitchens. Furthermore, the millennial and Gen Z work schedules, as well as an increase in demand for international cuisines such as Korean Tacos, Butter Chicken Dosa, Ramen Burgers, and others, are driving the growth of the cloud kitchen market.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Specialized Consumer Services by segment aggregation, the contribution of the Specialized Consumer Services in Consumer Services and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Product ID: UCMIG25S2010