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By Lucidity Insights Research Team • October 20, 2022
The Foodtech sector is birthing Unicorns at an unprecedented rate
Out of the 64 foodtech unicorns in the world (up to June 2021), nearly half or 31 unicorns were food delivery companies. Dubai-based cloud-kitchen start-up, Kitopi, became MENA’s first Foodtech Unicorn in Q3 2021 when it raised $415M in its Series C
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Primed for Growth: Cloud Kitchens in the GCC
Discover how the GCC region is emerging as a global hotspot for the booming cloud kitchen industry. With the global market projected to hit $71.4 billion by 2027, the Gulf is riding a wave of innovation and investment. From Dubai’s dominance as a FoodTech hub to Saudi Arabia’s rapid market expansion, this comprehensive report explores key players like Kitopi, Sweetheart Kitchen, and Kitch-In. Learn how cloud kitchens are transforming food delivery with tech-driven efficiency, reduced overheads, and scalable business models. Dive into detailed market forecasts, investment trends, and success stories shaping the next frontier in the food and beverage sector.
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Refers to the cross-section of Agriculture and Technology. It involves harnessing the power of technology to maximize productivity, yield, and overall efficiency.
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What are the most populous cities across the GCC
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Foodtech Startups Raise Record Amounts in 2021
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What are the UAE’s Online Food Delivery Market Trends?
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How do GCC Countries compare for Online Food Delivery Market Size and future forecasts?
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Learn why Saudi Arabia is the most appealing market for consumer-tech start-ups in the GCC, followed by the United Arab Emirates.
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Kuwait has the highest average revenue per online food delivery user in the region, and is home to Talabat and KLC – who are regional heavy-weights.
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Saudi is the most populous country with the largest online food delivery market in the GCC comprises 45% of the market and forecasts the largest growth in 2025.
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Cloud Kitchens are streamlined commercial kitchens designed specifically with food delivery in mind... and it's taking the world by storm.
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cloud kitchens in the UAE
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