Commercial
cooking equipment or tool plays vital role in food service & processing
industry. The cooking equipment covers a large range of products which help in a
quick & easy preparation of numerous cuisines and food items. Some of the associated
benefits of the commercial cooking include expensive breakdowns, larger space, improve
efficiency, easy to operate, scale back every kind of wastage, safe &
secure, improved functionality that save energy.
According to
study, “Global Commercial Cooking
Equipment Market Size study, by Type (Cook-Chill Systems, Fryers, Ovens,
Cookers, Ranges, Kettles, Others), by End-User (Full Service Restaurant &
Hotels, Quick services, Catering Services) and Regional Forecasts 2018-2025” the major companies that are
currently working in the global commercial cooking equipment market are Standex
International Corporation, The Vollrath Company LLC, Waring, The Middleby
Corporation, Rational AG, KingBetter, Welbilt Inc., Fujimak Corp., Midea, AB
Electrolux, Duke Manufacturing Co. Inc., ALI S.P.A., Thermador, Siemens,
Pochee, The Manitowac Company Inc., Hobart Corp., Carrier Corporation, Lang
World, Dover Corp., Edward Don & Company, Illinois Tool Works (ITW) Inc., Alto-Shaam
Inc., G.S. BLODGETT, TurboChef Technologies, Garland Group, Frymaster, Henny
Penny, Imperial Commercial Cooking Equipment, PITCO.
Based on type, global
commercial cooking equipment market is segmented into commercial deep fryers
(gas fryers & electric fryers), commercial restaurants ranges, commercial cookers,
commercial ovens, commercial cook chill systems, commercial kettles, commercial
grills or griddles, commercial broilers or char broilers, commercial braising
pans or tilting skillets, commercial steamers and others. Commercial oven
includes wide range rotisserie ovens, conveyor ovens, convection ovens, deck
ovens, combi-ovens, brick ovens, and microwave ovens. Commercial broiler is
further sub-segmented into charbroilers, cheese melters and salamander broilers.
Based on product type, market is separated into commercial hotplate, induction
hobs and ceramic hobs. Based on end-users, market is segmented into quick
service restaurants (QSR), institutional canteen, ferry & cruise, full-service
restaurants & hotels, railway dining, hotels & club restaurants and
catering services. QSR includes bakery, take away, food trucks, fast food
outlets, bars & pubs, and cafeteria.The catering services includes food services used for events,
for instance social gatherings, business meetings, or functions at different
locations like school, hospital, and corporate office.
The commercial
cooking equipment driven by the rise in health consciousness among consumers,
followed by increasing number of restaurants & hotels, increased demand for
tasty and healthy, increase in disposable income, growing preferences towards
dine out, changing lifestyles and rising preference to the energy efficient
cooking equipment. Apart from the major advantages, some of the limiting
factors of the market are the high initial capital cost, adoption of social
living trend among population and volatile prices of raw material. In addition,
some of the new trends involved in the use of sensors & controllers, led to
the increased demand for certified equipment and focus on improving on new
technologies.
Globally, North American
region holds the major share on account of increasing number of restaurants &
hotels. In the upcoming years, it is estimated that the Asia-Pacific region is
expected to hold largest market share due to increase in presence of
international & local chains in the region. It is expected that the global
commercial cooking equipment market to reach at US $112.4 billion, by 2025.
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Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
