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