0

Saudi Arabia Cloud Kitchens Market Expected to Reach $335.7 Million by 2030 Allied Market Research

 
2022
Saudi Arabia Cloud Kitchens Market

Report Code : A15823

quote The Saudi Arabia cloud kitchen market is expected to witness significant growth owing to increase in demand for fast food among millennial and Gen Z. Moreover, introduction of new advance technology such as autonomous vehicle and drones has reduced the food delivery time, which has further augmented the growth of market. In addition, rise in trend of online advertisement of cloud kitchen products is anticipated to boost the overall revenue of the industry. quote

Shankar Bhandalkar
Team Lead-Research, Food & Beverages at Allied Market Research

Get 20% Free Customization In This Report
Follow us on Social Media:       
 

According to a new report published by Allied Market Research, titled, “Saudi Arabia Cloud Kitchens Market by Type, Product Type, and Nature: Opportunity Analysis and Industry Forecast, 2021–2030, the Saudi Arabia cloud kitchen market size was valued at $157.0 million in 2020, and is estimated to reach $335.7 million by 2030 with a CAGR of 7.7% from 2021 to 2030. Cloud kitchens are also known as dark or shared kitchens. Cloud kitchens are delivery-only kitchens which can be owned by a brand or third party working with various brands. Moreover, increase in number of youngsters population globally along with changing taste preference of the consumers have raised the demand for online food delivery. Hectic life schedule and rise in consumer disposable income are the major factors due to which trend of ordering food online has increased.

Furthermore, increase in usage of smart phones, rise in literacy and easy access to the internet has made the work of ordering food easier. Now a days, food restaurant are tying up with online food service site for the delivery of food and also to increase their sales. Moreover, online food delivery services also provide lots of offers, which attracts the consumer and also helps in increasing consumer base. Hence, effective offers and good customer service boosts the growth of the Saudi Arabia cloud kitchen industry.

The Saudi Arabia cloud kitchen market is segmented into type, product type, nature, and region. By type, the market is categorized into kitchen, commissary/shared kitchen, and kitchenpods. By product type, it is classified into burger/sandwich, pizza/pasta, chicken, seafood, Mexican/Asian food, and others. By nature, it is bifurcated into franchised and standalone. By type, the kitchenpods cloud kitchen segment is growing with the highest CAGR followed by commissary/shared kitchen.

The commissary/shared kitchen model segment is evolving and emerging globally. In addition, the spread of commissary/shared kitchen is being boosted by changing tastes and an increasing market for fresh, healthy, local and sustainable food, which is also supporting a revival of food entrepreneurship.

Moreover, renting space in commissary/shared kitchen on an hourly, daily or monthly basis is a major trend in cloud kitchen market. In addition, renting space also helps in producing food in compliance with regulatory requirements without needing to invest in their own facility during a stage when cash flow and capital are a challenge.

By product type, the chicken segment holds the largest Saudi Arabia cloud kitchen market share, accounting for 23.7% of the total revenue in 2020, followed by burger/sandwich segment. Chicken is a most common processed poultry meat products in the Saudi Arabia. Chicken is used in various product types of cloud kitchen products including burgers, pizzas, and others. The chicken segment has gained a major popularity among the consumers due to its affordable pricing and nutritional value. It is considered as an easily available source of high-protein nutrients. Therefore, chicken is most recommended food product for consumption by all age groups.

By nature, the franchised segment led in terms of market value in 2020, and is expected to retain its dominance during the forecast period. Moreover, the trend of franchising is increasing amongst the stakeholder as it helps in expansion of the business and it requires less capital owing to which stakeholders are majorly interested in franchising their cloud kitchens.

Key Findings Of The Study

  • By type, the independent cloud kitchen segment dominated the Saudi Arabia cloud kitchen market in 2020, and is expected to retain its dominance throughout the forecast period.
  • By product type, the burger/sandwich segment accounted for highest share in the Saudi Arabia cloud kitchen market growth in 2020, and is projected to grow at a CAGR of 8.0% from 2021 to 2030.
  • By nature, the franchised segment led the Saudi Arabia cloud kitchen market demand in 2020, and is expected to retain its dominance throughout the forecast period.

The key players profiled in the report are Kaykroo, Kitopi, iKcon, kitch, Talabat, Sweetheart Kitchen, Kitchen United, Kitchen Park, The Leap Nation and Food To Go.

Need More Information

pr-det-talk Talk to David (Europe)

pr-det-talk Talk to Sona Padman (Americas)

5933 NE Win Sivers Drive #205,
Portland, OR 97220 United States

pr-det-phone Toll Free: +1-800-792-5285

pr-det-phone UK: +44-845-528-1300

pr-det-phone Hong Kong: +852-301-84916

pr-det-phone India (Pune): +91 2066346060

pr-det-phone Fax: +1(855) 550-5975

pr-det-phone help@alliedmarketresearch.com

 

For Media Inquiries, Please Contact

Allied Market Research
Contact Toll Free: +1-800-792-5285
Drop us an email at
media@alliedmarketresearch.com

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Request Free Sample
 
 

First time buyer?
Check offers and discount on this report
To get this report

Click Here
 
 

quote Saudi Arabia Cloud Kitchen Market by Type (Independent Cloud Kitchen, Commissary/Shared kitchen, and Kitchen Pods), Product Type (Burger/Sandwich, Pizza/Pasta, Chicken, Seafood, Mexican/Asian Food and Others) and Nature (Franchised and Standalone): Opportunity Analysis and Industry Forecast, 2021–2030 quote

View Report
 
 

Avenue: Entire Library membership of Allied Market Research Reports at your disposal

  • Avenue is an innovative subscription-based online report database.
  • Avail an online access to the entire library of syndicated reports on more than 2,000 niche industries and company profiles on more than 12,000 firms across 11 domains.
  • A cost-effective model tailored for entrepreneurs, investors, and students & researchers at universities.
  • Request customizations, suggest new reports, and avail analyst support as per your requirements.
  • Get an access to the library of reports at any time from any device and anywhere.

 
 

WHY ALLIED MARKET RESEARCH?

INFLALLIBLE METHODOLOGY

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

ANALYST SUPPORT

For complete satisfaction

CUSTOMIZATION

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

 

Featured Readings

 
rep-img

Published Date Nov 2024

Plush Toy Market

Download Sample

Buy Full Version
"Saudi Arabia Cloud Kitchens Market"
Purchase Enquiry

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of the scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save the time of readers