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).
The Indian food service delivery market is expected to more than double to $13 billion (Rs 93,600 crore) by fiscal 2023 from $5.2 billion (Rs 37,440 crore) in fiscal 2020.
According to a report, in 2020, the food delivery market reached a value of US$ 4.35 Billion and is estimated to develop a user base of 300.57 Mn by 2024.
The evolution and innovation in the food industry have made it all possible like ice creams are delivered along with dry ice to prevent it from melting.