Market Overview

The global cloud kitchen market size was USD 64.47 billion in 2023. The market is set to rise from USD 70.18 billion in 2024 to USD 144.71 billion by 2032 at a CAGR of 9.47% during 2024-2032.

Cloud kitchens, also known as virtual restaurants, are created to supply food through delivery. The rapid expansion of the e-commerce industry and rising adoption of online food delivery services by Generation Z and the millennial population due to their convenience are propelling market expansion.

List of Key Players Profiled in the Market Report

• Rebel Foods (India)
• Kitopi (UAE)
• CloudKitchens (U.S.)
• Ghost Kitchens Private Limited (India)
• Luckin Coffee (Sgp) Pte. Ltd. (Singapore)
• EatClub Brands Pvt. Ltd. (India)
• Loyal Hospitality Pvt Ltd (India)
• Nathan's Famous, Inc. (U.S.)
• Dine Brands Global, Inc. (U.S.)
• Dickey's Barbecue Restaurants, Inc. (U.S.)

Segments

Standalone Segment Dominates the Market Due to Rise in New Kitchen Operators

By nature, the market is bifurcated into franchised and standalone. The standalone segment accounts for the highest cloud kitchen market share owing to a surge in new kitchen operators in the cloud kitchen industry. Increased business owners’ interest in this new sector is also fueling segment expansion.

Multi-Kitchen Segment Leads the Market due to Surging Preference for Specialized Food Products

On the basis of kitchen type, the market is divided into single and multi-kitchen. The multi-kitchen segment commands the market due to a surging preference for specialized food products and cuisines globally. In the multi-kitchen business model, food is prepared for numerous brands in one kitchen hub and offered to consumers as per their requirements.

From the regional ground, the market is classified into Europe, South America, North America, Asia Pacific, and the Middle East & Africa.