Business Standard Cloud kitchens' GMV to quintuple to $2-3 billion by 2025: RedSeer
The Indian food market, which is slowly seeing a shift from unorganised to organised, is expected to be driven by the organised segment in the near future. Demand for the organised segment (QSR, dine-in and cloud kitchen) is growing owing to increasing internet penetration, safety and hygiene standards maintained by the players, according to internetfocused consulting firm RedSeer. Growth drivers
Favourable demographics (including young population and urbanisation) Higher disposable income