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Industry reports are predicting that ghost kitchens will create a $1 trillion global market by 2030, rising by 25 percent each year for the next five years—an estimated $300 million in yearly sales – and a likely indication as to why more investors, as well as major QSRs, are rapidly entering the market.
In addition to restaurant operators opening or transitioning to the ghost kitchen strategy, grocers are also exploring this new concept. Euromonitor estimates that ghost kitchens could top $1 trillion in revenue by 2030. In an increasingly competitive market, operators can implement useful technologies to ensure success.
According to a Goldstein Market Intelligence report, the global cloud kitchen market was valued at USD 700 Million in 2018 and is expected to grow at a CAGR of 17.25% through the forecast period – 2017-2030. Read more about why cloud kitchens are the hottest investment options here. . d) Shared Kitchen Spaces .
The food delivery market is booming, and the online food delivery segment is projected to grow to $365 billion by 2030 globally. Integrated Kitchen Display System: In a fast-paced cloud kitchen, an integrated Kitchen Display System is a must-have technological tool to optimize the overall order preparation time.
The food delivery market is booming, and the online food delivery segment is projected to grow to $365 billion by 2030 globally. Considering the high rentals and the thin profit margins of a traditional restaurant, many foodservice operators are now pivoting towards an online delivery model or cloud kitchen model that is more profitable. .
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