Global Commercial Cooking Equipment Market - Size, Projections, Drivers, Trends, Vendors, and Analysis Through 2021 by Technavio
According to the latest market study released by Technavio,
the global
commercial cooking equipment market is projected to grow
to USD 18,960.5 million by 2021, at a CAGR of nearly 7% over the
forecast period.
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Technavio has published a new report on the global commercial cooking equipment market from 2017-2021. (Graphic: Business Wire)
This research report titled ‘Global
Commercial Cooking Equipment Market 2017-2021’ provides an
in-depth analysis of the market in terms of revenue and emerging market
trends. This market research report also includes up to date analysis
and forecasts for various market segments and all geographical regions.
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Commercial kitchen equipment refers to appliances with electric
or gas heating sources that are used in commercial kitchens.
Currently, the growing preference towards energy efficient ENERGY
STAR certified commercial equipment is encouraging consumers to
upgrade their equipment, thereby driving the market growth.
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a market snapshot before purchasing the report
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Based on the product type, the report categorizes the global commercial
cooking equipment market into the following segments:
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Ovens
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Fryers
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Broilers
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Ranges
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Griddles
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Steamers
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Cookers
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Others
The top three revenue-generating product segments in the global
commercial cooking equipment market are discussed below:
Ovens
“Commercial ovens are one of the most widely adopted types of
cooking equipment for various cooking applications and reheating
precooked foods. The key vendors in the market segment include G.S.
BLODGETT, Garland Group, and TurboChef Technologies,” says Manu
Gupta, a lead analyst at Technavio for food
research.
Some of the commonly used commercial ovens include convection
ovens, conveyor ovens, deck ovens, brick ovens, combi-ovens, rotisserie
ovens, and microwave ovens. These are extensively used in various
foodservice establishments, with manufacturers constantly focusing on
redefining their oven technologies.
Fryers
Commercial fryers are used to prepare fried foods like potato
chips, onion rings, doughnuts, and fried fish, chicken, and shrimps. The
frying time and oil temperature largely depend on the type of food, the
size of the fryer, and the nature of the food establishment. Based on
the source of heat, commercial fryers are categorized into electric and
gas fryers, where a gas fryer uses a natural gas flame as a heat source,
and the electric fryer uses electric heating elements. Some of the key
vendors that offer commercial fryers in the global market include
Frymaster, Imperial Commercial Cooking Equipment, Henny Penny, and PITCO.
Broilers
“Commercial broilers are mainly segmented into electric and gas
variants as per the heat source. Broilers are used to prepare
vegetables, steaks, and other meat preparations, and are provided with
over-fired and under-fired heating elements,” says Manu.
Manufacturers of commercial broilers are currently focusing on adding
improved features to ensure consistent cooking and enhance the quality
of the food. Commercial broilers include charbroilers, salamander
broilers, and cheese melters.
The top vendors highlighted by Technavio’s research analysts in this
report are:
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Ali
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Illinois Tool Works (ITW)
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Middleby
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Welbit
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About Technavio
Technavio
is a leading global technology research and advisory company. The
company develops over 2000 pieces of research every year, covering more
than 500 technologies across 80 countries. Technavio has about 300
analysts globally who specialize in customized consulting and business
research assignments across the latest leading edge technologies.
Technavio analysts employ primary as well as secondary research
techniques to ascertain the size and vendor landscape in a range of
markets. Analysts obtain information using a combination of bottom-up
and top-down approaches, besides using in-house market modeling tools
and proprietary databases. They corroborate this data with the data
obtained from various market participants and stakeholders across the
value chain, including vendors, service providers, distributors,
resellers, and end-users.
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