The North America Cloud Kitchen Market would witness market growth of 12% CAGR during the forecast period (2021-2027).
The technological developments have enabled the cloud kitchen market to further develop. The numerous ways of ordering food via online, telephone, and mobile apps have decreased the direct communication of the customers with the restaurant owners that minimizes the chances of human error, and hence offering better customer service. Additionally, various developments in database management systems have motivated the key market players to have a record of their customers and to provide them better offers regularly.
Furthermore, several cloud kitchen manufacturers are developing kiosks and apps to take data of the restaurants and consumers to offer a better and customized experience to the consumers. The quality and affordability in the food industry have increased by the usage of the latest technological robotics and machine. Thus, advanced and effective technology implemented by operators would augment the growth of the cloud kitchen market.
The high adoption rate of new technologies across this region is one of the major factors supporting the growth of the regional cloud kitchen market. In addition, there are numerous technical giants present in this region that are making new trends in the market. This presence of key market players in this region would augment the growth of the regional cloud kitchen market. In addition, the high preference of the customers towards online food ordering is motivating more restaurant owners to set up their business with minimum investment.
With the increased disposable income and the changing food taste of the customers, the key market players would get more lucrative opportunities for them to grow in this region. Along with that, high internet usage and increasing preference of the customers to try out new cuisines would encourage more restaurateurs to set up their business while adopting the most convenient and affordable cloud kitchens.
The US market dominated the North America Standalone Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $5,620 million by 2027. The Canada market is experiencing a CAGR of 14.9% during (2021 - 2027). Additionally, The Mexico market would witness a CAGR of 13.9% during (2021 - 2027).
Based on Nature, the market is segmented into Franchised and Standalone. Based on Type, the market is segmented into Independent Cloud Kitchen, Commissary/Shared Kitchen and Kitchen Pods. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Cloud Kitchen Market is Estimated to Reach USD 118.5 Billion by 2027 at a CAGR of 13.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Starbucks Coffee Company, DoorDash, Inc., Ghost Kitchen Orlando, Swiggy (Bundl Technologies Pvt. Ltd.), Zuul Kitchens, Rebel Foods, Kitopi, Kitchen United, Pop Meals (Dahmakan), and CloudKitchens.
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