Europe Cloud Kitchen Market Growth and Size, Rising Trends, Revenue, CAGR Status, Challenges, Future Investment and Opportunities Till 2033: SPER Market Research
A “cloud kitchen” is a commercial kitchen that does not serve dine-in customers; instead, it only prepares food for delivery or takeaway. With cloud kitchens, restaurant owners may affordably launch a virtual brand or grow an already-existing restaurant. Often referred to as a “ghost kitchen” or “virtual kitchen,” a “cloud kitchen” is a commercial cooking space where food businesses can prepare menu items for takeout and delivery. Unlike traditional brick-and-mortar operations, cloud kitchens enable food enterprises to manufacture and distribute meals with minimal overhead.
According to SPER market research, ‘Europe Cloud Kitchen Market Size – By Type, By Nature of Kitchen, By Offering – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the Europe Cloud Kitchen Market is predicted to reach USD 23.44 billion by 2033 with a CAGR of 19.05%.
Drivers:
Rising interest in online meal delivery services:
There is a great demand for online meal delivery services across Europe as a result of the quick ascent of online food delivery platforms like Deliveroo, Just Eat, and Uber Eats. Young urban clients, working professionals, and students are increasingly choosing to buy meals online because of benefits including variety, ease, and special savings. Thanks to cloud kitchens, eateries can now satisfy customer demand for internet access without having to invest in costly dine-in space. To fulfil the demand for online orders, cloud kitchens can improve operations and save costs by concentrating only on delivery.
Challenges:
Real estate and operating costs are higher in urban areas:
While less expensive than restaurants, setting up a cloud kitchen in a desired city still requires a significant investment in real estate in Europe. Even with the intense competition, there is still a substantial amount to be spent on running expenses like rent, personnel, and materials. Smaller brands may find it more challenging to become profitable if they have low order quantities because of their high expenditures. In 2022, for instance, the average monthly rent for commercial real estate in major cities like London, Paris, and Berlin was £15–20 per square foot, according to Eurostat. Even kitchen spaces that are 1000–1500 square feet will require monthly rents of £15,000–30,000 at these levels.
Request For Free Sample Report @ https://www.sperresearch.com/report-store/europe-cloud-kitchen-market.aspx?sample=1
Many businesses were affected by the COVID-19 epidemic, which led to a number of significant changes in the food industry. One such instance is the rising demand for cloud kitchens as a result of patrons’ growing reliance on these types of businesses. Delivery-only cloud kitchens take orders, make meals, and deliver them to clients. Thus, it should come as no surprise that many individuals now choose cloud kitchens. And once the pandemic is over, these kitchens will undoubtedly continue to be the new standard. The European cloud kitchen market has grown quickly during the pandemic and will continue to expand moderately over the projection period.
The German market dominated the European cloud kitchen market and is likely to maintain its dominance during the projection period. Furthermore, some of the market’s leading players include Deliveroo, Uber Eats, Just Eat, Kitchen United, Kitopi, Travis Kalanick, Karma Kitchen, and Others.
Europe Cloud Kitchen Market Segmentation:
By Type: Based on the Type, Europe Cloud Kitchen Market is segmented as; Independent Cloud Kitchen, Commissary/Shared Kitchen, Kitchen PODs, Food Truck, Incubator Kitchens, Other.
By Nature of Kitchen: Based on the Nature of Kitchen, Europe Cloud Kitchen Market is segmented as; Franchised Cloud Kitchen, Standalone Cloud Kitchen, Chain Cloud Kitchen, Virtual Restaurant.
By Offering: Based on the Offering, Europe Cloud Kitchen Market is segmented as; Food Preparation, Order Management, Food Delivery, Marketing, Data Analytics, Others.
By Region: This research includes data for Germany, France, Italy, UK, Russia, and the Rest of Europe.
Information, refer to below link: –
Europe Cloud Kitchen Market Forecast
Related Reports:
Contact Us:
Sara Lopes, Business Consultant – USA
enquiries@sperresearch.com
+1-347-460-2899
