How much is the global cloud kitchen market worth in 2027 - AlliedMarketResearch

Quick Jump: 0:01 Introduction 0:15 Projected Stats The global cloud kitchen market size was valued at $43.1 billion in the year 2019 and is estimated to reach $71.4 billion by 2027 with a CAGR of 12.0% from 2021 to 2027. Explore more: https://bit.ly/32ANxdH The global cloud kitchen market is expected to grow to increase in demand for fast food among millennials and generation Z. Moreover, the introduction of advance technologies such as autonomous vehicles and drone-based delivery services has reduced the food delivery turnaround, which further augments the market growth. The trend of online advertisements for cloud kitchen services is anticipated to boost the overall revenue. Top factors impacting the Global cloud kitchen market are: • Change in lifestyle • Impact of Covid-19 pandemic • Penetration of fast food cuisines • Increased investment from fortune 500 companies in food delivery services. By type, the independent cloud kitchen segment led in terms of market share in 2019 and is expected to retain its dominance during the forecast period. By product type, the burger/sandwich segment holds the largest cloud kitchen market share, accounting for 23.7% of the total revenue in 2019, and will maintain its dominance by 2027. Geographically, North America accounted for the highest market share in 2019 and is expected to grow at a CAGR of 10.5% during the forecast period. AMR has prepared a thorough report on this market. To know more about the cloud kitchen scenario, kindly visit our website or contact us for availing of the report containing an in-depth analysis. Get Full Report: https://www.alliedmarketresearch.com/cloud-kitchen-market-A06408?utm_source=Youtube&utm_campaign=Gajala-Ubale #cloudkitchen #kitchen #foodindustry #sharedkitchen #marketresearch #marketreports #BuyNow or #ContactNow: https://bit.ly/3c0Q4kB Toll Free: +1-800-792-5285 | (UK): +44-845-528-1300 | Int'l: +1-503-894-6022 | help@alliedmarketresearch.com Stay Tuned & Subscribe to our YouTube channel to watch our upcoming videos.

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