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Cloud Kitchens November 2020

Cloud Kitchens

In this briefing we explore the meteoric rise of Cloud Kitchens in the past few years, and we offer insights on the business models, the key emerging companies to look out for and the partnerships that are already happening.

The pandemic-accelerated “Foodtech” boom is pressuring incumbents to transform their legacy businesses into agile, asset light platforms, pivoted around technology (a recent example of this is Nestlé’s $1.5 billion acquisition of US-based meal kit company, Freshly, on 30 October 2020)

Fundamental consumer behavioral changes has propelled the rise of “Cloud Kitchens”, which is our theme of this month’s market intelligence briefing.

This briefing uncovers several aspects of the exciting opportunity of cloud kitchens for traditional incumbent food industry operators as well as for investors, and includes some of the more interesting emerging tech disruptors in the sector

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