As per a report by Goldstein Research, the global cloud kitchen market was valued at USD 700 Million in 2018 and is expected to grow at a CAGR of 17.25% through the forecast period (2017-2030).
With no physical presence, less commercial involvement and working as an internet restaurant wherein you can get the food delivered at the comfort of your home, cloud-kitchen segment is projected to become a $2 billion industry in India by 2024.
Indian food service delivery market is estimated at INR 37,440 crore (US$ 5.2 billion) in GMV in 2019-20. Growing at a CAGR of 33 per cent over the last three years, it is expected to reach 93,600 crore (US $13 billion) by 2022-23.
In an exclusive interview to Restaurant India Ankur Sharma, Chief Business Officer at Rebel Foods talks about partnering with restaurant brands and focusing on customer as the top ingredient as it continues to grow with time.
The global cloud kitchen market size was valued at $43.1 billion in 2019, and is estimated to reach $71.4 billion by 2027 with a CAGR of 12.0% from 2021 to 2027, as per reports.
It reduces the fever of rental issues and the only thing about which the one should concern is that your modest, hygienic kitchen is established near to consumers.?
In an exclusive interview with Restaurant India, Kent Wu, Chief Operating Officer, JustKitchen , a Taiwan-based cloud-kitchen start-up that grew exponentially during the pandemic talks about its expansion plans.