India cloud kitchen market is
anticipated to grow with approximately 15.5% to 17.5% CAGR value during the
forecast years 2024-2028 and may achieve the market value of USD2.5 billion by
2028F. The market is
anticipated to grow on the grounds of increasing inclination of the population
toward online food delivery services. Rising disposable income among the younger
population and shift in the lifestyle further drives the growth of the India
cloud kitchen market in the upcoming five years. Online delivery services are
also increasing due to consumer’s rising preference toward fast food &
snack eating habits and preferring these food habits over the home cooked
meals. Corporate culture, prolonged working hours, and lack of interest toward
home cooking is also influencing the population. Easier payment options, cloud
payments and secured pathways of the payment also drive the growth of the India
cloud kitchen market in the next five years.
Cloud kitchen is the concept of
preparing food & meals but instead of physical eateries, the outlets are
only available for the online deliveries or take-outs. The cloud kitchen
utilizes a commercial kitchen to prepare food and then through the multiple
channels of online deliveries, or takeout service they function. There is no
option for dine-in available for these kitchens. The service is convenient
since these do not require much financial investment and simply an equipped
kitchen with a capable chef can facilitate the business efficiently.
Consumer Inclination To Online Food
Services Drives Market Growth
By the first trimester of the year 2022,
India accommodates a huge population of 1,403,791,421. Out of which more than
65% ages less than 35%. With the large working population and their rising
disposable income the growing youth population of the country is the major
factor driving the growth of the India cloud kitchen market in the upcoming
five years. In the last decade, use of internet, literacy rate, and social
media influenced lifestyles have thrived among the youth population of the
country. The youth population of the country plays major role in influencing
the allover economy of the country and has significant effect on various
industries.
60% of the working class of the Indian
population spends over 9 hours every day working. The hectic schedules, and
consumer’s ability to dispose their income over the services like online food
delivery influences the growth of the India cloud kitchen market in the
upcoming five years. Also, demands for pre-cooked meals, and reluctance toward
home-cooked meals influences the consumers to order in their daily meals and
thus flourishing the industry and aids to the growth of the India cloud kitchen
market in the next five years.
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Market Segmentation
The India
cloud kitchen market segmentation is based on type, source of order, payment
method, regional distribution, and competitional landscape. Based on type, the
market is differentiated between independent/ standalone cloud kitchen and
chained cloud kitchen. By source of order, the market is distinguished between
web and mobile apps. Based on payment method, the market is bifurcated into cash on delivery, mobile wallet, card
transaction, and others. The India cloud kitchen market analysis also studies
the regional segmentation divided among North India region, South India region,
East India region, and West India region.
Company Profile
Rebel Foods Private Limited, Sky Gate
Hospitality Pvt. Ltd. (Biryani By Kilo), Masalabox Food Network Pvt. Ltd.,
Poncho Hospitality Pvt. Ltd. (MOJO Pizza), Soba- Asian Kitchen, Cheferd Foods
Private Limited, Gustasi Chef, are some of the major market players in the
country that lead the market growth analysis.
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Attribute
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Details
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Base Year
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2022
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Historic Data
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2018
– 2021
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Estimated Year
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2023
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Forecast Period
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2024
– 2028
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Quantitative Units
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Revenue in USD Million, Volume in units, and CAGR for 2018 – 2022
and 2023 – 2028
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Report coverage
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Revenue
forecast, volume forecast, company share, competitive landscape, growth
factors, and trends
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Segments covered
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·
Type
·
Source of Order
·
Payment Method
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Regional scope
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North;
South; East; West;
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Key companies profiled
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Rebel Foods Private Limited, Sky Gate Hospitality Pvt. Ltd.
(Biryani By Kilo), Masalabox Food Network Pvt. Ltd., Poncho Hospitality Pvt.
Ltd. (MOJO Pizza), Soba- Asian Kitchen, Cheferd Foods Private Limited, Gustasi
Chef
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Customization scope
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10%
free report customization with purchase. Addition or alteration to country,
regional & segment scope.
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Pricing and purchase options
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Avail customized purchase options to meet your exact research
needs. Explore purchase options
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Delivery Format
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PDF
and Excel through Email (We can also provide the editable version of the
report in PPT/Word format on special request)
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Report Scope:
In this report, India cloud kitchen market is segmented into following
categories, in addition to the industry trends which have also been detailed
below:
·
India Cloud
Kitchen Market, By Type:
o Independent/ Standalone Cloud Kitchens
o Chained Cloud Kitchens
- India Cloud Kitchen Market, By Source of Order:
o
Web
o
Mobile
Apps
- India Cloud Kitchen Market, By Payment
Method:
- Cash on
Delivery
- Mobile
Wallet
- Card
Transaction
- Others
- India Cloud Kitchen Market, By Region:
Competitive Landscape
Company
Profiles: Detailed
analysis of the major companies present in India cloud kitchen market.
Available Customizations:
With the given market data, TechSci Research offers
customizations according to a company’s specific needs. The following
customization options are available for the report:
Company
Information
- Detailed analysis and profiling of
additional market players (up to five).
India Cloud Kitchen Market is an upcoming report to be released soon. If
you wish an early delivery of this report or want to confirm the date of
release, please contact us at [email protected]