About Ghost Kitchen
Ghost Kitchen is a shared kitchen platform started. It provides spaces dedicated to the delivery of food preparation. Self-employed owners can reduce the burden on initial start-up costs by building and renting kitchen equipment directly from Ghost Kitchen. In addition, by analyzing software and data provided by the company, the self-employed can concentrate only on food cooking while reducing costs and boosting sales. It was founded in 2017 and Seoul, South Korea.
Expert Collections containing Ghost Kitchen
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Ghost Kitchen is included in 1 Expert Collection, including Food & Meal Delivery.
Food & Meal Delivery
Startups and tech companies offering online grocery, food, beverage, and meal delivery services.
Latest Ghost Kitchen News
Nov 23, 2023
| Kitopi, Keatz News Provided By Share This Article CALIFORNIA, UNITED STATES, November 23, 2023 / EINPresswire.com / -- Description Ghost kitchens are commercial kitchen spaces that prepare food specifically for delivery and takeout, without the dine-in aspect of a traditional restaurant. Ghost kitchens allow restaurants to expand their delivery zones and offer more variety without the costs associated with opening a full-service storefront. Coherent Market insights announces the release of the report " Ghost Kitchen Market - Demand, Growth, Opportunities and Analysis of Top Key Player Forecast to 2030", The Ghost Kitchen market research report provides a comprehensive analysis of the current state and future potential of the Ghost Kitchen market. The report covers various aspects, including market size, growth trends, key players, market segmentation, competitive landscape, industry drivers, and challenges. The objective of this report is to assist stakeholders, investors, and businesses in making informed decisions and formulating effective strategies to thrive in the Ghost Kitchen market, are provided. In addition, the report provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence. According to Coherent Market Insights study, The global Ghost Kitchen market size is estimated to be valued at US$ 71.14 billion in 2023 and is expected to reach US$ 157.26 billion by 2030, grow at a compound annual growth rate (CAGR) of 12% from 2023 to 2030 Get Sample Copy of the Report @ https://www.coherentmarketinsights.com/insight/request-sample/5936 Market Dynamics: The ghost kitchen market is expected to exhibit significant growth over the forecast period owing to the emergence of online food delivery services and growing preference for online food ordering. Online food delivery platforms have grown exponentially in the recent past with services like UberEats, Grubhub, and DoorDash gaining widespread popularity. Around 54% of Americans today use food delivery apps at least once a month. This rapid growth of online food delivery is fueling the expansion of ghost kitchens as restaurants seek to cater to the increasing demand for delivery-only establishments without the need for costly dine-in spaces. The low overhead costs associated with ghost kitchens also allow restaurants to offer competitive prices, further driving their adoption. The major players operating in the market include: ➱ CloudKitchens ➱ Keatz These companies are focusing on new product development, partnerships, collaborations, and mergers and acquisitions to increase their market share and maintain their position in the market. Request for Customization @ https://www.coherentmarketinsights.com/insight/request-customization/5936 Drivers: Increasing Demand for Quick and Convenient Food Options Due To Busy Lifestyles: The ghost kitchen market is being driven by the increasing demand for quick and convenient food options from busy consumers who have very little time to dine out or cook meals at home. People lead increasingly hectic lives with long working hours and busy schedules that leave them with little time to spend on food preparations. Ghost kitchens cater perfectly to this need by allowing food brands and restaurants to focus only on food preparation and delivery, without worrying about other aspects like dining space, wait staff etc. This enables them to prepare and deliver meals much faster. Consumers find it very convenient to order meals from ghost kitchen brands on food delivery platforms and have them delivered quickly right to their homes or offices. Lower Overhead Costs and Higher Profit Margins for Restaurants: Another major market driver for the ghost kitchen industry is the significantly lower overhead costs and higher profit margins that the model provides for restaurants and food brands. By eliminating the costs associated with renting and maintaining a physical restaurant space, wait staff salaries, utilities etc. ghost kitchens can operate at a fraction of the costs of traditional restaurants. This allows food brands to price their meals more competitively and still earn higher margins. It also makes it feasible for entrepreneurs to launch new food delivery-focused brands with lower startup capital. The low-cost model has encouraged many existing restaurants and chefs to launch virtual brands through ghost kitchens. Market Opportunity: Delivery-Focused Innovation & Collaboration with Delivery Platforms: A major growth opportunity for the ghost kitchen industry lies in partnering closely with food delivery platforms to drive innovation tailored for delivery-only models. Platforms like DoorDash, UberEats etc. that have direct access to millions of hungry customers can provide ghost kitchen brands invaluable data-driven insights into consumer ordering patterns and preferences. Collaborating on new delivery-focused features, specialized menus, integrated brand profiles, delivery logistics, marketing campaigns etc. tailored for digital consumption can help virtual brands scale rapidly without relying on organic discovery footfalls alone. Promoting exclusive delivery-only innovations through platform tie-ups can help brands in the ghost kitchen industry differentiate themselves and attract more consumers in this evolving online food space. Market Trend: Transition to Cloud Kitchen Concepts: A key trend gaining momentum in the ghost kitchen industry is the transition towards large-scale 'cloud kitchen' models where multiple virtual brands share a centralized professional kitchen space. Unlike earlier standalone ghost kitchens, cloud kitchen platforms allow food brands to access turnkey, professionally managed kitchen facilities without the upfront capital needed to set up their own commercial kitchens. Brands can now focus only on menu development, branding and operations as cloud kitchen operators take care of the expensive physical infrastructure. This shared economy model has lower the barrier of entry, fueled innovation and allowed the proliferation of many new delivery-focused food concepts. Cloud kitchens are expected fuel the next phase of growth in this evolving online food delivery market. Ghost Kitchen Market Detailed Segmentation: By Kitchen Type:
Ghost Kitchen Frequently Asked Questions (FAQ)
When was Ghost Kitchen founded?
Ghost Kitchen was founded in 2017.
Where is Ghost Kitchen's headquarters?
Ghost Kitchen's headquarters is located at Room 510, BNK Digital Tower, Seoul.
What is Ghost Kitchen's latest funding round?
Ghost Kitchen's latest funding round is Series B - II.
How much did Ghost Kitchen raise?
Ghost Kitchen raised a total of $9.62M.
Who are the investors of Ghost Kitchen?
Investors of Ghost Kitchen include Breeze Investment, FASTFIVE, Schmidt, Devsisters Ventures, Woomi Construction and 11 more.
Who are Ghost Kitchen's competitors?
Competitors of Ghost Kitchen include Wonder, Salted, Kitchen United, C3, Kitopi and 7 more.
Compare Ghost Kitchen to Competitors
Nanuda Kitchen is a shared kitchen platform that provides integrated start-up support services such as menu development, marketing support, sales and settlement management, and more.
CloudKitchens provides smart kitchens for delivery-only restaurants. It provides infrastructure and software that enables food operators to open delivery-only locations while minimizing capital expenditure and time. The company was founded in 2016 and is based in Los Angeles, California.
Kitchen United provides restaurant hub technology, streamlined logistics, and commercial kitchen space to empower food service operators. It also offers a value-driven, low-risk way for emerging and established restaurant brands to enter into new markets, grow revenue through off-premises dining, and expand delivery areas. It was founded in 2017 and is based in Pasadena, California.
Kitopi provides a cloud kitchen platform. It enables restaurants to open delivery-only locations by providing the necessary infrastructure and software to ease the customer experience journey. The company also provides infrastructure, management services, and customer support. It was founded in 2018 and is based in Dubai, United Arab Emirates.
All Day Kitchens is a platform empowering restaurants to take advantage of the delivery opportunity. Its delivery-optimized kitchens and technology unlock delivery coverage with minimal upfront investment. It was founded in 2018 and is based in South San Francisco, California.
EatXD operates a cloud-kitchen with multiple brands under its umbrella.