Report Description
A recent market
intelligence report that is published by Data Insights Partner on the global Virtual
Restaurant & Ghost Kitchens Market makes an offering of in-depth analysis
of segments and sub-segments in the regional and international Virtual
Restaurant & Ghost Kitchens Market. The research also emphasizes on the
impact of restraints, drivers, and macro indicators on the regional and global Virtual
Restaurant & Ghost Kitchens Market over the short as well as long period of
time. A detailed presentation of forecast, trends, and dollar values of global Virtual
Restaurant & Ghost Kitchens Market is offered. In accordance with the
report, the global Virtual Restaurant & Ghost Kitchens Market is projected
to expand at a CAGR of xxx% over the period of forecast.
Market Insight, Drivers, Restraints&
Opportunity of the Market:
Virtual
Restaurants and Ghost Kitchens are special type of kitchens that prepare food
and cooking facility set up for preparation of delivery-only meals. With a huge
amount of investment that this market is attracting, it is now becoming an
industry by itself. A ghost kitchen may also be called cloud kitchen, delivery
kitchen or virtual kitchen. However, virtual kitchens are a little different
from ghost kitchen. Virtual kitchen may sell their products through popular
food apps, but they also use their own equipment like food trucks and existing
brick and mortar location instead of renting new space.
With the recent
demand for food delivery apps, ghost kitchens and virtual restaurant are
gaining high popularity. Many restaurants lose money when they associate
themselves with delivery apps, at times like this, ghost kitchen would be the
most suitable alternative. With an ever
increasing price in real estate, making rentals really high and long term
leases, restauranteurs are investing on building an offset kitchen and deliver
to a pick up site, making it an attractive option. With an increasing number of consumers using
smartphones, specially the millennials, who prefer to eat food at the comfort
of their homes rather than going out in crowded restaurants has had a direct
impact on the sales of these restaurants, thereby driving the growth of virtual
restaurants and ghost kitchen globally in the forecast period. The capital
investment for starting a virtual restaurant is far less than opening a
physical restaurant, and the changes in menu and concept can be made very
quickly. This is yet another factor that will drive the virtual restaurant and
ghost kitchen market globally. The increase in demand by youth for outside food
rather than home cooked food is the major driver that will increase the growth
of this market in the forecast period.
With the
increase of new entrants in this market, virtual restaurants and ghost kitchen
is a highly competitive market, due to which it puts pressure on the ghost
kitchen operators, making it challenging to market their concepts and
innovation.
Many companies
are spending on introducing new innovative way to enhance their services in
this market. For eg: KITOPI uses a smart kitchen operating system to increase
efficiency from call centers to kitchen.
Majority of the
business across the world have stopped their operations completely, due to the
recent pandemic attack. However, food delivery services are experiencing a
demand in their services as consumers are expected to stay at home and food
outlets are expected to offer takeaways and deliveries only to maintain social
distancing. Various companies like UberEats and DoorDash app have waived off
fees that restaurants usually pay for pick up orders and simultaneously have
waived off delivery fees from customers with the hope of increasing sales for
restaurants.
Segment Covered:
This market intelligence
report on the global Virtual Restaurant & Ghost Kitchens Market encompasses
market segments based on product type, application and country/regions.
In terms of components, the global Virtual
Restaurant & Ghost Kitchens Market
is segregated into :
§ Hardware
§ Software
§ Service
By technology, the global Virtual Restaurant
& Ghost Kitchens Market
is also classified into :
§ Wi-Fi
§ 3D
§ Artificial Intelligence
§ Others
By end-users, the global Virtual Restaurant
& Ghost Kitchens
Market is also classified into :
§ Commercial
§ Residential
§ Hospitality
§ Others
By country/region, the global Virtual Restaurant &
Ghost Kitchens Market
has been divided into :
§ North America (the U.S., Canada),
§ Latin America (Brazil, Mexico, Argentina and other
countries),
§ Europe (Germany, France, the U.K., Spain, Italy, Russia,
and other countries),
§ Asia Pacific (India, Japan, China, Australia and New
Zealand and other countries),
§ Middle East and Africa (GCC, South Africa, Israel and
Other countries).
Profiling of Market
Players:
This business
intelligence report offers profiling of reputed companies that are operating in
the market. Companies such as
§ GrubHub
§ Just Eat
§ Uber Eats
§ Bamboo Asia Oakland
§ CloudCooks
§ Cloudkitchens
§ Deliveroo
§ Karma Kitchen
§ Keatz
§ Kitchen United
§ Kitopi
§ Rebel Foods
§ Reef Kitchens
§ Swiggy
§ Zuul Kitchen
§ Meituan Dianping and many more
Others players have
been profiled into detail so as to offer a glimpse of the market leaders.
Moreover, parameters such as Virtual Restaurant & Ghost Kitchens related investment & spending and developments by
major players of the market are tracked in this global report.
Report Highlights:
In-depth
analysis of the micro and macro indicators, market trends, and forecasts of
demand is offered by this business intelligence report. Furthermore, the report
offers a vivid picture of the factors that are steering and restraining the
growth of this market across all geographical segments. In addition to that, Growth
Matrix analysis is also provided in the report so as to share insight of the
investment areas that new or existing market players can take into consideration.
Various analytical tools such as DRO analysis, Porter's five forces analysis
has been used in this report to present a clear picture of the market. The
study focuses on the present market trends and provides market forecast from
the year 2020-2028. Emerging trends that would shape the market demand in the
years to come have been highlighted in this report. A competitive analysis in
each of the geographical segments gives an insight into market share of the
global players.
Salient Features:
Ø
This study offers
comprehensive yet detailed analysis of the Virtual Restaurant & Ghost Kitchens Market, size of the market (US$ Mn), and Compound Annual Growth
Rate (CAGR (%)) for the period of forecast: 2020 – 2028, taking into account
2019 as the base year
Ø
It explains upcoming
revenue opportunities across various market segments and attractive matrix of
investment proposition for the said market
Ø
This market
intelligence report also offers pivotal insights about various market opportunities,
restraints, drivers, launch of new products, competitive market strategies of
leading market players, emerging market trends, and regional outlook
Ø
Profiling of
key market players in the world Virtual
Restaurant & Ghost Kitchens Market
is done by taking into account various parameters
such as company strategies, distribution strategies, product portfolio, financial
performance, key developments, geographical presence, and company overview
Ø
Leading
market players covered this report comprise names such as Grubhub, Just Eat,
UberEats, Meituan Dianping, Bamboo Asia Oakland, CloudCooks, Cloudkitchens,
Deliveroo, Karma Kitchen, Keatz, Kitchen United, Kitopi, Rebel Foods, Reef
Kitchens, Swiggy, Zuul
Kitchen and many more.
Ø
The data of
this report would allow management authorities and marketers of companies alike
to take informed decision when it comes to launch of products, government
initiatives, marketing tactics and expansion, and technical up gradation
Ø
The world
market for Virtual
Restaurant & Ghost Kitchens Market
caters to the needs of various stakeholders
pertaining to this industry, namely suppliers, manufacturers, investors, and
distributors for Virtual
Restaurant & Ghost Kitchens Market. The research also caters to the rising needs of consulting
and research firms, financial analysts, and new market entrants
Ø
Research
methodologies that have been adopted for the purpose of this study have been
clearly elaborated so as to facilitate better understanding of the reports
Ø
Reports have
been made based on the guidelines as mandated by General Data Protection
Regulation
Ø
Ample number
of examples and case studies have been taken into consideration before coming
to a conclusion
Reasons to buy:
v
Identify
opportunities and plan strategies by having a strong understanding of the investment
opportunities in the Virtual Restaurant & Ghost Kitchens Market
v
Identification
of key factors driving investment opportunities in the Virtual Restaurant &
Ghost Kitchens Market
v
Facilitate
decision-making based on strong historic and forecast data
v
Position
yourself to gain the maximum advantage of the industry’s growth potential
v
Develop
strategies based on the latest regulatory events
v
Identify key
partners and business development avenues
v
Respond to your
competitors’ business structure, strategy and prospects
v
Identify key
strengths and weaknesses of important market participants