February 29, 2024

The global Ghost Kitchen Market Growth Accelerated by On-demand Delivery Services

Ghost kitchens allow restaurants to prepare food for delivery or take-away orders without serving customers on site. This allows food brands to operate in a space-efficient, low cost manner while expanding their delivery zones. Ghost kitchens enable affordable market entry for innovating food concepts without the expense of dining area setup and waitstaff.

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:
On-demand delivery services have significantly contributed to the growth of ghost kitchens over the past few years. Popular delivery platforms let customers order meals and get them delivered expressly within a short span of time. This consumer need for quick, convenient food delivery has encouraged restaurants to rent commercial kitchen spaces specifically for delivery and takeaway orders. Ghost kitchen operators also partner with delivery service providers for last mile assistance. The collaborative, on-demand model addresses shifting consumer preferences and boosts the expansion of both ghost kitchens and food delivery businesses.

Segment Analysis

The global ghost kitchen market is dominated by delivery/takeaway focused sub-segment. This is because ghost kitchens are primarily set up by restaurant operators, food brands and third-party logistics providers to offer delivery-only facilities without the costs associated with dining space. Such facilities allow restaurants and food brands to expand and penetrate new markets at lower costs by utilizing under-utilized commercial spaces as shared delivery-only facilities for their brands.

Key players:

Key players operating in the ghost kitchen market are CloudKitchens, Kitchen United, REEF Technology, Virtual Kitchen Co., Zuul Kitchens, Deliveroo Editions, Kitopi, DoorDash Kitchens, Swiggy Access, Uber Eats Kitchens, Rebel Foods, Ghost Kitchen Brands, JustKitchen, and Keatz. CloudKitchens is a leading player with presence across major global markets. Rebel Foods is the largest Indian cloud kitchen chain operator with over 350 dining facilities across South Asia.

Key Takeaways:

The global Ghost Kitchen Market is expected to witness high growth over the forecast period. 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.

Regional analysis:

Asia Pacific dominated the global ghost kitchen market in 2023 and is projected to witness the fastest growth during the forecast period. This is attributed to the large consumer base in countries such as India and China that are increasingly adopting food delivery apps and online purchases of meals. India accounts for nearly 70% of the Asia Pacific ghost kitchen market owing to rising young working population, convenience spending and presence of local cloud kitchen operators such as Rebel Foods and Kitchens of India.

*Note:

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