The global Cloud kitchen market is anticipated to grow at a CAGR of 10.2% during the forecast period (2024-2031). The factors that are driving this market are rising demand for online food delivery, increasing number of working professionals and expansion of the food and beverage industry.
In April 2023, Curefoods, multi brand cloud kitchen chain in India, has raised Rs3bn ($36.6m) in a combined equity and debt funding round to expedite its growth. The fundraise was led by Three State Ventures, a fund of Flipkart co-founder Binny Bansal. IronPillar, Chiratae Ventures, ASK Finance and Winter Capital, were the other investors who participated in the funding round. Currently, Curefoods operates in 200 locations that are located in 15 cities, which are serviced by more than seven food factories, and 150 multi-brand cloud kitchens, according to the news publication.
In September 2022, CloudEats, which operates cloud kitchens across the Philippines and Vietnam, has raised a $7 Billion Series A extension led by Nordstar to accelerate the digitization of food service in Southeast Asia. The startup plans to penetrate farther into Southeast Asian countries such as Thailand, Malaysia and Indonesia in 2023.
In May 2023, the service apartment arm of Dur Hospitality is moving into the world of cloud kitchens. Nuzul Shada Hospitality is teaming with local firm Matbakhi. the collaboration beyond serving guests. The partnership also involves expanding the innovative culinary experience to external customers through popular food delivery platforms. This strategic move allows Dur to reach a wider audience and showcase its offerings beyond its own properties. Guests will have access to a diverse range of high-quality, Saudi chef-inspired dishes and concepts, ensuring an exceptional in-room dining experience while aligning with Dur Hospitality’s commitment to investing in hospitality solutions.
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Market Coverage
- The market number available for – 2023-2031
- Base year- 2023
- Forecast period- 2024-2031
Segment Covered-
- By Nature
- By Type
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- includes, Kitchen United, Rebel Foods, DoorDash Kitchen, Zuul Kitchen, Keatz, Kitopi, Ghost Kitchen Orlando, Dahmakan, Starbucks (Star Kitchen), Cloud Kitchen, and others.
Cloud kitchen Market Report Segment
By Nature:
- Franchised
- Standalone
By Type:
- Independent
- Commissary/Shared
- Kitchen Pods
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Company Profiles
- Bundl Technologies Pvt. Ltd.
- CookUnity, Inc.
- Delivery Hero SE
- DoorDash, Inc.
- foodStars Group LLC
- Foody Hive Private Ltd
- Ghost Kitchen Brands, Inc.
- Grubtech Inc.
- Hangry, Inc.
- JustKitchen Group Ltd. (Xuan Cuisine Co., Ltd)
- Kitchen United, Inc.
- Kitopi FZE
- Lightspeed Commerce Inc.
- PAR Technology Corp
- POSist Technologies LLC
- Rebel Foods Pvt. Ltd.
- Starbucks Corp
- Taster Investments Pte Ltd
- Toast, Inc.
- WeCook Holding Group Co., Ltd.
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