Market Overview: Global Cloud Kitchen Market
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Cloud Kitchen Market Insights 2023-28
The Global Cloud Kitchen Market is projected to grow at a CAGR of around 12.42% during the forecast period, i.e., 2023-28.
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Top Players in the Cloud Kitchen Market:
- Danfoss
- Fujitsu
- Gree
- Hitachi
- Midea
- Panasonic
- Haier Smart Home
- Toshiba
- Whirlpool
- Siemens
Segmentation Analysis of Cloud Kitchen Market
Cloud Kitchen Market exactly assesses and highlights significant trends and influencing factors within each segment. The comprehensive analysis extends its predictions for the period spanning 2023-28, focusing on the national landscape. The market is exactly categorized based on this analysis, providing valuable insights into its various facets.
-By Nature
- Franchised
- Standalone
Here, franchised cloud kitchens hold a significant market share, mainly due to the less capital required for franchising a brand, owing to which more & more stakeholders are showing greater interest in these cloud kitchens. Large restaurant chains with high brand equity and offerings, such as international cuisines, customized dishes, & excellent service quality, are becoming increasingly popular globally and, consequently, instigating stakeholders to opt for franchised cloud kitchens.
Several stakeholders are becoming aware that investing in well-established brands involves fewer risks as franchisors provide adequate training & support associated with aspects like supplies, equipment, staff, & marketing. Therefore, the ever-growing popularity of franchised kitchens is significantly contributing to the cloud kitchen industry expansion worldwide.
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-By Nature
- Franchised
- Standalone
A Comprehensive Geographical Analysis:
-By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Asia-Pacific is projected to be the fastest-growing Cloud Kitchen Market during 2023-28, with India & China as the leading contributors. Burgeoning disposable incomes, the massive consumer base, increased penetration of the internet & smartphones, hectic lifestyles of the working population, and consequently, rapidly rising online food delivery orders are the major driving forces for the industry. The advent of Covid-19 exploded the popularity of cloud kitchens in Asia-Pacific as all dine-ins got shut and instigated the establishment of various shared kitchens across the region.
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MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 112.42 diverse industrial verticals.
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