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$4.3 Billion Worldwide Smart Kitchen Industry to 2027 - Impact of COVID-19 on the Market - ResearchAndMarkets.com
February 3, 2021 GMT
The publisher brings years of research experience to the 8th edition of this report. The 116-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
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Global Smart Kitchen Market to Reach $103.9 Billion by 2027
Amid the COVID-19 crisis, the global market for Smart Kitchen estimated at US$4.3 Billion in the year 2020, is projected to reach a revised size of US$103.9 Billion by 2027, growing at a CAGR of 57.8% over the analysis period 2020-2027.
The platform effectively combines QSR Automations’ software suite into a single platform:
ConnectSmart Kitchen, industry-leading kitchen display system
ConnectSmart Go, an off-premise order management system
ConnectSmart Host (formerly DineTime), a guest experience, reservation and table management solution
ConnectSmart Insights, a business intelligence tool
ConnectSmart ControlPoint, hardware management software
ConnectSmart Recipes (formerly TeamAssist), a kitchen-integrated recipe viewer
By connecting the back end and integrating these solutions into one operational platform, operators can work with a solution that shares data from all its components and make holistic restaurant decisions in real-time. Flexible APIs and robust integrations allow operators to tailor the platform to their specific needs and focus on what’s most important – the guest experience.
The SAVRpak patches are also meant to zap moisture from produce to prevent wilting. (SAVRpak)
Since its development, SAVRpak patches have been recognized at multiple tradeshows.
In 2018, SAVRpak (formerly known as Soggy Food Sucks LLC) was showcased at Smart Kitchen Summit. A year later, the company was a finalist at the World Food Innovation Awards and the Venture Madness Conference. SAVRpak is in talks with several major food distributors, national restaurant chains, and grocery stores, according to its co-founder and co-CEO Greg Maselli. (SAVRpak)
Exact details on the startup’s next moves couldn’t be revealed, however the company is hopeful that it can made an impact in the multibillion-dollar food industry.
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