Cibi e Bevande
Cloud Kitchen Market to Reach $112.7 Bn, Globally, by 2030 at 13.12% CAGR: AMR
Surge in number of young populations, change in taste preference of consumers that boosted the demand for online food delivery services, and increase in disposable income have boosted the growth of the global cloud kitchen market. However, health concerns regarding regular consumption of fast foods hinders the market. On the contrary, rise in demand for international cuisines such as pizzas and burgers would open new opportunities in the future.
By nature, the franchised segment held the largest share in 2020, accounting for nearly three-fourths of the global cloud kitchen market, due to increase in trend of franchising among stakeholders as it helps in expansion of businesses and requires less capital. However, the standalone segment is expected to register the highest CAGR of 13.84% during the forecast period, as standalones specialize in preparation of one or two main types of fast-food products that gain higher level of traction among consumers.
By type, the independent cloud kitchen segment held the lion's share in 2020, contributing to around two-thirds of the global cloud kitchen market, due to increase in demand for international cuisines such as Thai food and Chinese food globally. However, the kitchenPods segment is estimated to manifest the highest CAGR of 14.62% from 2021 to 2030, due to its low operational cost and its eco-friendly offerings to reduce waste.
By region, the global cloud kitchen market across North America held the largest share in 2020, holding around two-fifths of the market, owing to well established and advanced technologies adopted by the food providers in the region. However, market across Asia-Pacific is expected to register the highest CAGR of 15.07% during the forecast period, due to rise in number of young populations in Asia-Pacific , along with change in taste preference of consumers.
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon . Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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