July 6, 2024
Ict

The Global Ghost Kitchen Market Growth Is Accelerated by Demand for Delivery-Only Food Businesses


The ghost kitchen market facilitates delivery-only food businesses that do not have a physical storefront, allowing restaurants and dark kitchens to prepare food exclusively for online delivery. This innovative business model increases efficiency by substantially reducing operating costs for rental real estate and staffing.

The global Ghost Kitchen Market is estimated to be valued at US$ 70.37 Bn in 2023 and is expected to exhibit a CAGR of 12.% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends: The rise of delivery-only virtual kitchens has accelerated growth in the ghost kitchen market. Customers can order food from multiple virtual restaurants without maintaining separate physical stores for each brand. This on-demand delivery model appeals to time-constrained consumers and has grown significantly during the pandemic. Ghost kitchens allow restaurants to expand their delivery zones and customer base at a much lower cost than traditional locations. The flexible, asset-light business model of ghost kitchens is expected to drive further market expansion over the forecast period.

Segment Analysis
The ghost kitchen market is segmented by type, such as, commissary/shared kitchen, restaurant-based kitchen and standalone kitchen. Among these, the commissary/shared kitchen segment is expected to dominate the market during the forecast period as it provides restaurants and independent chefs affordable alternatives to run their operations smoothly. The restaurants and food services opt for commissary/shared kitchen mainly to reduce costs without compromising on food quality and safety standards.

Key players operating in the ghost kitchen market are CloudKitchens, Kitchen United, REEF Technology, Virtual Kitchen Co., Zuul Kitchens, Deliveroo Editions, Kitopi, DoorDash Kitchens, Grubhub/Seamless, Swiggy Access, Uber Eats Kitchens, Rebel Foods, Ghost Kitchen Brands, JustKitchen, and Keatz. CloudKitchens has expanded aggressively across various cities in the US and Asia Pacific and has raised significant funding to support its growth ambitions. REEF Technology has launched a variety of ghost kitchen brands across the US and partnered with Wendy’s to launch ghost kitchens for the brand.

Key Takeaways
The global Ghost Kitchen Market is expected to witness high growth during the forecast period of 2023 to 2030. Regional analysis shows that Asia Pacific region is expected to be the fastest growing as well as dominating region in the ghost kitchen market. Countries like India and China are expected to drive the growth in this region owing to rising number of new age consumers and increasing demand for cloud kitchens and online food delivery services.

*Note:

  1. Source: Coherent Market Insights, Public sources, Desk research
  2. We have leveraged AI tools to mine information and compile it