Cloud Kitchen Management Statistics 2024 – Everything You Need to Know

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Are you looking to add Cloud Kitchen Management to your arsenal of tools? Maybe for your business or personal use only, whatever it is – it’s always a good idea to know more about the most important Cloud Kitchen Management statistics of 2024.

My team and I scanned the entire web and collected all the most useful Cloud Kitchen Management stats on this page. You don’t need to check any other resource on the web for any Cloud Kitchen Management statistics. All are here only 🙂

How much of an impact will Cloud Kitchen Management have on your day-to-day? or the day-to-day of your business? Should you invest in Cloud Kitchen Management? We will answer all your Cloud Kitchen Management related questions here.

Please read the page carefully and don’t miss any word. 🙂

Best Cloud Kitchen Management Statistics

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Cloud Kitchen Management Market Statistics

  • According to statistics, the projected market size of cloud kitchens is expected to reach $1.05 billion by 2024. [0]
  • The global cloud kitchen market size was valued at $43.1 billion in 2019, and is estimated to reach $71.4 billion by 2027 with a CAGR of 12.0% from 2021 to 2027. [1]
  • If you’re running established brands in your kitchen, and a delivery operator is just breaking into a market, you have a chance to get them below 20% of order value, at least for some time. [2]
  • The global Cloud Kitchen market was valued at USD 0.65 Billion in 2018 and is expected to reach USD 2.63 Billion by the year 2026, at a CAGR of 17.2%. [3]
  • The platform segment of the cloud kitchen market is estimated to dominate the market in 2018 due to the increased demand for integrated solutions in the restaurants fororder management, inventory management, and customer experience management. [3]
  • As of 2018, the services segment is projected to have the fastest growth rate of 22.5% of the global cloud kitchen market due to the increasing need of implementation services to integrate the platform with existing systems and business models. [3]
  • And some market analysts expect ghost kitchens to be even more competitive than traditional restaurants, estimating that up to 80% of the ghost brands will fail. [4]
  • 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. [5]

Cloud Kitchen Management Latest Statistics

  • Remember that percentages are always expressed as a portion of 100, and therefore the decimal figure resulting from the cost divided by total sales should be multiplied by 100. [6]
  • food cost percentage = cost of food á total sales= $1000 á. [6]
  • $2500= 0.4= 40%. [6]
  • labour cost percentage = cost of labour á total sales= $850 á $2500= 0.34= 34% overhead cost percentage = cost of overhead á total sales= $650 á $2500= 0.26= 26%. [6]
  • 35.7% labour cost percentage = $800 á $3500= 0.2285= 22.9%. [6]
  • overhead cost percentage = $700 á $3500= 0.2= 20% profit in dollars =. [6]
  • = $3500 – = $3500 – = $750 profit percentage based on total sales =. [6]
  • The before tax profit percentage is over 20% in this example. [6]
  • Another way to determine the percentage profit is to add the cost percentages and subtract the answer from 100%. [6]
  • 100% – (35.7% + 22.9% + 20%). [6]
  • Management has decided that a minimum food percentage of 30% must apply to all menu items. [6]
  • selling price = cost á cost %= $4.50 á 30%= $4.50 á 0.3=. [6]
  • If the food percentage is 30%, you can determine the actual food cost by doing the following. [6]
  • cost = selling price × cost %= $18.50 × 30%=. [6]
  • 1200= 0.25= 25% roast beef sandwich percentage =. [6]
  • 1200= 0.29= 29% grilled cheese sandwiches =. [6]
  • The sales mix is about 38% steak sandwiches, 25% fish and chips, 29% hot roast beef sandwiches, and 8% grilled cheese sandwiches. [6]
  • As QSR reports, researchers for Tillster’s 2019 Online and Mobile Ordering Index surveyed 2,000 restaurant customers across the United States and found that 70 percent expect a restaurant’s website to offer online ordering. [7]
  • Among the interesting findings was one that found that 68 percent of consumers say they’re more likely to purchase takeout food from a restaurant than they were before the outbreak. [7]
  • Statistics showed that 64 percent of consumers prefer to order direct through the restaurant for delivery, while just 18 percent prefer to order through a third. [7]
  • In fact, according to QSR Magazine, 53 percent of adults consider purchasing takeout or delivery food to be essential to the way they live. [7]
  • As you plan your takeout menu, you may want to know that 34 percent of customers in the US order up to $50 worth of food. [7]
  • In fact, 26 percent keep their orders under $25. [7]
  • On the other end of the spectrum, 12 percent order up to $75 in an online food order. [7]
  • According to research by Omnico among 1,500 U.S. and U.K. quick service restaurant diners, 70 percent of respondents said they would visit a restaurant more often if it had a loyalty program that offered them a full variety of discount options and deals. [7]
  • According to statistics, the total revenue in the Online Food Delivery segment in Singapore amounted to US$418m in 2020. [0]
  • Over 60% of the food delivery revenue comes from the platformto consumer delivery segment or food aggregators. [0]
  • Cloud Kitchen Market Size is expected to Record 12.0% CAGR Through 2027 Food & Beverage Industry EIN Presswire’s priority is source transparency. [1]
  • Wouldn’t it be great if you could calculate your food costs once, and just say “We’re at 20% and we’re staying put?”. [2]
  • At the end of the week, you’re putting out 20% more tomatoes than you are supposed to. [2]
  • Most deliveries take between 20 to 30% of order value, dipping to around 25% if you sign an exclusive deal with one of them. [2]
  • Every little bit helps here — 0.5% saved on food cost. [2]
  • 2% eked by fine. [2]
  • In fact, in the United States alone, 60% of consumers are ordering delivery or pickup at least once. [8]
  • In fact, as of 2021, about 6 in 10 adults claim that they’re more likely to order online delivery than dine in.3 Easily set up your brand on each food delivery app with great images of some of your best dishes and that’s it. [8]
  • This can cut down your delivery time by 30%, and you never even had to step foot outside your kitchen. [8]
  • In a typical brick and mortar restaurant, you’re likely spending about 30% of your sales revenue on labor alone.1. [8]
  • Study Period 2019 2026 Base Year 2018 CAGR 17.20%. [3]
  • The mobile segment is expected to register the highest CAGR of 23.7% owing to the increasing number of digital mobile payments and the increased number of smartphones globally. [3]
  • Even in the unlikely event that an effective vaccine for COVID 19 is developed quickly, it’s likely that there will be a new caution when seasonal flu and colds happen. [9]
  • Around 60% of new restaurants fail within the first year, and almost 80% shut down before their fifth anniversary. [10]
  • Considering that thirdparty delivery sales grew by 116% yearover year, and C3 Kitchen claimed to have opened 200 ghost kitchens themselves, there could be hundreds more ghost concepts that figure failed to count. [4]
  • Depending on the style of online ordering and delivery a ghost kitchen chooses, the cost can vary from 15% to more than 30% of every order. [4]
  • High commission feesThird party platforms charge between 15% and 30% on every order. [4]
  • The same report that forecast $1 trillion in ghost kitchen sales by 2030 projects that ghost kitchens will account for 50% of worldwide takeaway food service. [4]
  • Additional research from the National Restaurant Association found that 77% of adults plan to order takeout or delivery in the coming months. [4]
  • And from January to December 2020, 33% to 52% of consumers said that they weren’t ordering takeout or delivery as often as they’d like. [4]
  • So there is a lot of pentup demand, especially for independent restaurant concepts; 64% of diners prefer to order delivery directly from a restaurant rather than a third. [4]
  • For example, that same National Restaurant Association study found that 72% of adults feel it is important to order delivery from restaurants they can visit in person. [4]
  • The services segment is anticipated to have the fastest growth rate of 23.54% of the global cloud kitchen in 2018. [5]
  • Services charge between 15% and 35% to restaurants as commission. [5]
  • For instance, Sweet Green, which can be considered the first unicorn in the space, processes 50% of its orders through an app or online platform. [5]
  • Amazon may join hands with national restaurant chains and plans to offer lower commission of 6 8 per cent for at least one year as part of its food delivery launch. [5]
  • According to Euromonitor International, there are currently over 7,500 cloud kitchens in China, more than 3,500 in India and around 1,500 in the US. [11]
  • Cloud kitchens commercial cooking facilities that have no physical dining space and cater only to delivery orders placed online are projected to become a $2 billion industry in India by 2024, according to RedSeer Management Consulting. [12]
  • In a survey carried out by the company, 21% of the respondents said they were more likely to increase their online ordering of takeaway food after the lockdown, while just 9% said they were more likely to visit restaurants more often. [12]
  • restaurant footfall at an all time low and sales down as much as 90%, according to CRISIL Research, takeaway has become a vital source of revenue for many restaurants. [12]
  • Joshi estimates average order value has increased by 50% to 60% since the announcement of the lockdown, as most customers order for their families too. [12]
  • The Mumbai based business has experienced that among all the people ordering during the lockdown, 90% of them have been new retail customers although corporate orders have taken a hit due to office closures across India. [12]
  • According to Redseer’s survey, 49% of respondents said they would be more likely to increase cooking at home using fresh ingredients after the lockdown. [12]
  • Q4FY22 PAT jumps by 38% QoQ as operating profitability, asset quality improves 2 min read. [12]

I know you want to use Cloud Kitchen Management Software, thus we made this list of best Cloud Kitchen Management Software. We also wrote about how to learn Cloud Kitchen Management Software and how to install Cloud Kitchen Management Software. Recently we wrote how to uninstall Cloud Kitchen Management Software for newbie users. Don’t forgot to check latest Cloud Kitchen Management statistics of 2024.

Reference

  1. posist – https://www.posist.com/restaurant-times/singapore/growing-popularity-of-cloud-kitchen-concept-in-singapore.html.
  2. einnews – https://www.einnews.com/pr_news/549807883/cloud-kitchen-market-size-is-expected-to-record-12-0-cagr-through-2027.
  3. apicbase – https://get.apicbase.com/reduce-costs-cloud-kitchen/.
  4. reportsanddata – https://www.reportsanddata.com/report-detail/cloud-kitchen-market.
  5. fitsmallbusiness – https://fitsmallbusiness.com/what-is-ghost-kitchen/.
  6. goldsteinresearch – https://www.goldsteinresearch.com/report/cloud-kitchen-market-outlook-2017-2030-.
  7. opentextbc – https://opentextbc.ca/basickitchenandfoodservicemanagement/chapter/the-basic-calculation-of-operating-costs/.
  8. trufflepos – https://www.trufflepos.com/blog/9-surprising-online-ordering-statistics-for-restaurants/.
  9. cloudkitchens – https://www.cloudkitchens.com/blog/ultimate-guide-to-ghost-kitchens.
  10. hbs – https://hbswk.hbs.edu/item/coronavirus-careers-cloud-kitchens-are-now-serving.
  11. forbes – https://www.forbes.com/sites/forbestechcouncil/2020/10/13/cloud-kitchens-a-technology-driven-phenomenon/.
  12. unilever – https://www.unilever.com/news/news-search/2021/the-sky-is-the-limit-when-it-comes-to-cloud-kitchens/.
  13. livemint – https://www.livemint.com/news/india/why-cloud-kitchen-business-in-india-may-grow-5-times-in-5-years-11594016540665.html.

How Useful is Cloud Kitchen Management

Cloud kitchen management is the process of operating a restaurant solely through online orders and delivery services, without the need for a physical dining space. This model has gained traction in recent years, particularly in urban areas where the demand for food delivery services is high and the cost of real estate is steep.

One of the key advantages of cloud kitchen management is the significant cost savings it offers to entrepreneurs. By eliminating the need for a brick-and-mortar location, restaurant owners can save on overhead costs such as rent, utilities, and maintenance. This allows them to focus their resources on other aspects of the business, such as marketing, menu development, and customer service.

Additionally, cloud kitchens provide greater flexibility to restaurant owners, allowing them to test out new concepts and menu items without the constraints of a traditional restaurant setting. With a lower barrier to entry, it is easier for aspiring chefs and food entrepreneurs to break into the industry and establish their brand without the need for a large amount of capital upfront.

From a customer perspective, cloud kitchens offer the convenience of ordering food online and having it delivered to their doorstep in a timely manner. This has become especially appealing in the era of social distancing and remote work, as more people opt to dine in rather than eat out at restaurants. With the rise of food delivery platforms like Uber Eats and DoorDash, cloud kitchens have become a popular choice for consumers looking for a quick and hassle-free dining experience.

That being said, there are also challenges that come with managing a cloud kitchen. One of the main drawbacks is the lack of face-to-face interaction with customers, which can make it difficult to build relationships and loyalty. Without a physical storefront, restaurant owners must rely heavily on their online presence and marketing efforts to attract and retain customers.

Another potential downside of cloud kitchen management is the reliance on third-party delivery services, which can eat into profits and diminish overall control over the customer experience. Issues such as food quality, delivery times, and customer service are largely in the hands of delivery drivers and platform operators, making it challenging for restaurant owners to ensure consistency and satisfaction.

Ultimately, the usefulness of cloud kitchen management depends on the goals and resources of individual restaurant owners. While it offers numerous benefits in terms of cost savings, flexibility, and convenience, there are also unique challenges that must be addressed. As the food industry continues to evolve, it will be interesting to see how cloud kitchens shape the future of dining and delivery services.

In Conclusion

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