Saudi Arabia Cloud Kitchen Market Creates New Business Opportunities for Investors (2021-2030)

Cloud Kitchen Market in Saudi Arabia

The franchise segment dominated the cloud kitchen market demand in Saudi Arabia in 2020 and is expected to maintain its dominance throughout the forecast period.

PORTLAND, OR, USA, Sept. 22, 2022 /EINPresswire.com/ — Over the years, there has been an increase in the number of workers in various demographic segments. Especially among women, there has been a gradual adoption of the working lifestyle among this part of the population. As a result, the majority of consumers around the world, especially in developed countries, are looking for food products that can be prepared and served with minimal time. Thus, in turn, various fast food products have witnessed significant demand over the past couple of years, which has also resulted in accelerating growth of the cloud kitchen market in Saudi Arabia. Additionally, the busy work schedule of Millennials and Gen Z, along with the increase in demand for ready-to-eat products, is driving the growth of the cloud kitchen market in Saudi Arabia. Therefore, the busy lifestyle adopted by the majority of consumers is paving the way for an increase in sales of cloud kitchen products.

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The Saudi Arabia Cloud Kitchens Market size was valued at USD 157.0 Million in 2020 and is projected to reach USD 335.7 Million by 2030 growing at a CAGR of 7.7% from 2021 to 2030.

Food delivery businesses or cloud kitchens are no longer limited to manpower these days due to the internet penetration in the world. Additionally, big players are already testing robots, drones, and artificial intelligence (AI) to solve delivery problems and improve efficiency. Additionally, brands are also looking to self-driving vehicles as the next frontier of food delivery. Moreover, with the increase in the development of autonomous and remote control vehicle technology, the human delivery system will be eliminated eventually, which will also save time and money in the process of food delivery. Hence, increasing internet penetration by the majority of consumers is paving the way for the growth of the cloud kitchen market in Saudi Arabia in terms of sales volume. Moreover, fast food products are generally known for their taste, unique product offerings, and easy availability, which attract target customers.

However, the regular consumption of these products has negative effects on the health of consumers. For example, most fast food foods, including drinks and sides, are loaded with carbs with very little fiber. Therefore, consuming a large amount of carbohydrates can lead to repeated spikes in blood sugar. Thus, it increases the risk of insulin resistance, type 2 diabetes, as well as weight gain. These factors are expected to restrain the growth of the cloud kitchen market in Saudi Arabia.

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Covid-19 impact analysis

Covid-19 is an infectious disease that originated in the province of Hubei in the city of Wuhan in China at the end of December 2020.
Additionally, due to the outbreak of the COVID-19 pandemic, all physical restaurants were closed and no dining facilities were available. Huge numbers of people have also become aware of the health risks of eating in crowded restaurants. Meanwhile, many conventional restaurants have also become cloud kitchens due to lockdown measures in the country.
Additionally, the simplicity of the online food delivery app and payment method has made the ordering process easier for people of all age groups.
There has been an increase in the number of users on various social media sites with an increase in internet penetration. Considering this, most of the key players in the Saudi Arabia cloud kitchen market are strategizing to promote their products and services on these social media platforms.

Main benefits for stakeholders

This report provides a quantitative analysis of market segments, current trends, estimates and dynamics of Saudi Arabia cloud kitchen market analysis from 2020 to 2030 to identify existing market opportunities.
The market study is offered with information related to key drivers, restraints, and opportunities of the Saudi Arabia Cloud Kitchen market.
Porter’s Five Forces analysis highlights the ability of buyers and suppliers to enable stakeholders to make profit-driven business decisions and strengthen their supplier-buyer network.
In-depth analysis of Saudi Arabia cloud kitchen market segmentation helps to determine the existing market opportunities.
Major countries in each region are mapped according to their contribution to market industry revenue.
The positioning of market players facilitates benchmarking and provides a clear understanding of the current position of market players.
The report includes analysis of regional and global Saudi Arabia cloud kitchen market trends, key players, market segments, application areas and Saudi Arabia cloud kitchen market growth strategies.

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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.

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