Indonesia’s Evolving F&B Industry Revisited: Post-pandemic, How will it Evolve?
Major cloud kitchen players in Indonesia such as Grab Kitchen and Yummy have been enablers for brands to expand at low cost. In the endemic world, we foresee that F&B businesses will continue to leverage food delivery platforms and cloud kitchens, given the latter’s favorable unit economics. These businesses also see the benefits of using these platforms to innovate new dishes and test market’s acceptance at low costs.
Africa: Inside Kune Food’s Demise and the Global Rise of Cloud Kitchens
Kenya’s online food delivery sector is also heating up. Buoyed by an increasingly digital tech-savvy population, the space was worth $79 million in 2021, with Jumia Food, Bolt Food, Take Eat Easy, and Uber Eats, among others, being serious players. However, while platform-to-consumer deliveries dominate globally, restaurant deliveries take the lion’s share, with a market value of $53 million, compared to $26 million from platform delivery companies.