In India, the demand for cloud kitchens, Cloud POS Software & Cloud-based POS Software is expected to grow exponentially by 2022. This growth is driven by factors such as the increase in internet and smartphone penetration, a rise in disposable incomes, and the preference for convenience foods.
Cloud kitchens offer a number of benefits to business owners and consumers alike, making them an attractive option for those looking to establish or enjoy food services. In this post, we take a look at what to expect from the cloud kitchen space in India by 2022.
The cloud kitchen space in India is expected to grow exponentially by 2022. This is due to the increasing popularity of food delivery services, as well as the growth of the Indian economy. Cloud POS Software also plays a very important role in this.
Things to consider: What to Expect from Cloud Kitchen Space in India by 2022
There are a number of factors that are contributing to this growth, such as Cloud POS Software and Cloud-Based POS Software, and we will discuss them in detail in this blog post.
We will also look at some of the key players in the cloud kitchen space in India, and what they are doing to stay ahead of the competition. So, without further ado, let’s get started!
Factors Driving the Growth of Cloud Kitchens in India:
1. The rise of food delivery services:
One of the major factors driving the growth of cloud kitchens in India including Cloud POS Software is the increasing popularity of food delivery services. With the advent of online food ordering platforms such as Zomato and Swiggy.
It has become very easy for consumers to order food from their favorite restaurants. This has led to a significant increase in the number of people ordering food online, which in turn, is fueling the growth of cloud kitchens.
2. The growing Indian economy:
Another factor that is driving the growth of cloud kitchens in India is the growing Indian economy. As the country’s GDP continues to grow at a rapid pace, more and more people are becoming part of the middle class. This is resulting in an increase in the purchasing power of consumers, which is leading to a rise in the demand for food delivery services.
3. The changing consumer preferences:
Another factor that is driving the growth of cloud kitchens in India is the changing consumer preferences. With the millennials becoming more health-conscious, there is a growing demand for healthy and nutritious food. This is where cloud kitchens come in, as they offer a wide range of healthy and delicious food options.
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4. The increasing rental costs:
One of the major challenges faced by restaurants is the increasing rental costs. With the commercial real estate prices skyrocketing, it has become very difficult for restaurants to find affordable space. This is where cloud kitchens come to the rescue, as they offer a cost-effective solution to this problem.
5. The need for faster turnaround time:
In today’s fast-paced world, consumers expect their food to be delivered quickly. This has led to an increase in the demand for cloud kitchens, as they offer a faster turnaround time.
Some of the Key Players in the Cloud Kitchen Space in India:
1. Zomato:
Zomato is one of the leading online food ordering platforms in India. The company has a network of over 1 million restaurants across the country. Zomato offers a wide range of food delivery services, and it also has a cloud kitchen platform called ‘Zomato Kitchens’.
2. Swiggy:
Swiggy is another leading online food ordering platform in India. The company has a network of over 10,000 restaurants across the country. Swiggy offers a wide range of food delivery services, and it also has a cloud kitchen platform called ‘Swiggy Kitchens’.
3. Foodpanda:
Foodpanda is an online food ordering platform that is owned by Ola, one of the leading ride-hailing companies in India. The company has a network of over 4,000 restaurants across the country. Foodpanda offers a wide range of food delivery services, and it also has a cloud kitchen platform called ‘Foodpanda Kitchens’.
Wrapping Up
Cloud kitchens are on the rise in India, with a projected value of $2.5 billion by 2022. This growth is being fueled by a number of factors, including changing demographics and rising incomes.
The article has highlighted some of the key players in this market and what to expect from them in terms of innovation and expansion apart from Cloud POS Software & Cloud based POS Software. We hope you enjoyed this article and found it informative.
