NEW YORK, July 25, 2022 /PRNewswire/ — The “Commercial Cooking Equipment Market by Product (cookers, ranges, fryers, ovens, and others) and Geography (North America, APAC, Europe, South America, and MEA) – Forecast and Analysis 2021-2025” report has been added to Technavio’s offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years. The potential growth difference for the commercial cooking equipment market between 2020 and 2025 is USD 4.95 billion, as per the latest market analysis report by Technavio. The analysts at Technavio have categorized the global commercial cooking equipment market as a part of the global household appliances market. The report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the commercial cooking equipment market during the forecast period.
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- Market Trend: The rising focus on improving new technologies is one of the key trends likely to support the global commercial cooking equipment market share growth. Manufacturers are providing improved cooking technology to address the needs and demands of end-users. Manufacturers of commercial conveyer ovens are coming up with improved technologies that can break the cold air “halo” that surrounds the food being cooked, which resists the transfer of heat from the radiant heating source and leads to increased preparation time. Such technological advances will drive the growth of the market in a positive direction.
- Market Challenge: The increasing raw material prices will be a key threat to the global commercial cooking equipment market share growth during the forecast period. One of the major raw materials used in the production of commercial cooking equipment is stainless steel. Even end-users prefer cooking appliances that are made of steel as the metal is durable in comparison to other metals such as aluminum or non-metal elements such as plastic. As steel is a commodity, its price fluctuates frequently. These volatile prices affect both manufacturers as well as end-users. The expanding demand-supply gap is also contributing to an increase in the cost of raw materials.
Key market dynamics and their impact analysis on the market growth is available in this report. Download Now!
The commercial cooking equipment market report is segmented by Product (cookers, ranges, fryers, ovens, and others) and Geography (North America, APAC, Europe, South America, and MEA).
Regional Opportunities: North America will be the leading region with 31% of the market’s growth during the forecast period with the US emerging as the largest revenue-generating economy in the region. The commercial cooking equipment market in North America is mainly driven by the growing demand for commercial cooking equipment with high operational efficiency. The increase in wages and salaries is encouraging many foodservice operators to invest in commercial kitchen equipment that requires minimum labor training and intervention. Vendors have started providing cooking technologies that are easy to use. Also, various chain restaurants are expanding in the region, which will directly influence the market for commercial cooking equipment. This will drive the market growth positively in the forthcoming years.
Revenue-generating Segment Highlights: The commercial cookers segment held the largest market share in 2020. This segment includes pasta cookers and rice cookers. These appliances also form an essential part of the food service establishments that serve various food items such as pasta and a variety of rice and rice-based dishes. Vendors of commercial cookers, with advancements in various controls, are focusing on improving the technology used in commercial cookers to reduce energy and water consumption. For instance, AB Electrolux provides its pasta cooker model 900XP, which is equipped with different baskets for menu differentiation and comes with an automatic basket lifting system.
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Ali Group Srl
Alto-Shaam Inc.
ATA Srl
Duke Manufacturing
Electrolux AB
FUJIMAK Corp.
Illinois Tool Works Inc.
RATIONAL Group
The Middleby Corp.
Welbilt Inc.
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Which is the latest market trend taking the market by the storm?
What are some of the most influential market drivers, restraints, and opportunities (DROs)?
What are the historical and projected revenue values and CAGR percentage?
Which strategic initiatives will influence competitive scenarios and define the market growth potential?
Which regions & segments will garner massive revenue and emerge as market leaders in upcoming years?
Who are the top market share contributors and their latest organizational restructuring plans?
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- Ali Group Srl
- Alto-Shaam Inc.
- ATA Srl
- Duke Manufacturing
- Electrolux AB
- FUJIMAK Corp.
- Illinois Tool Works Inc.
- RATIONAL Group
- The Middleby Corp.
- Welbilt Inc.
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1 Executive Summary
Commercial Cooking Equipment Market Scope
Report Coverage
Details
Page number
120
Base year
2020
Forecast period
2021-2025
Growth momentum & CAGR
Accelerate at a CAGR of over 5.4%
Market growth 2021-2025
$ 4.95 billion
Market structure
Fragmented
YoY growth (%)
4.92
Regional analysis
North America, APAC, Europe, South America, and MEA
Performing market contribution
North America at 31%
Key consumer countries
US, China, UK, Germany, and Japan
Competitive landscape
Leading companies, competitive strategies, consumer engagement scope
Companies profiled
Ali Group Srl, Alto-Shaam Inc., ATA Srl, Duke Manufacturing, Electrolux AB, FUJIMAK Corp., Illinois Tool Works Inc., RATIONAL Group, The Middleby Corp., and Welbilt Inc.
Market Dynamics
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period.
Customization purview
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
2 Market Landscape
2.1 Market ecosystem
Exhibit 01: Parent market
Exhibit 02: Market characteristics
2.2 Value chain analysis
Exhibit 03: Value Chain Analysis: Household appliances
3 Market Sizing
Exhibit 01: Parent market
Exhibit 02: Market characteristics
Exhibit 03: Value Chain Analysis: Household appliances
3.1 Market definition
Exhibit 04: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 05: Market segments
3.3 Market size 2020
3.4 Market outlook: Forecast for 2020 – 2025
Exhibit 06: Global – Market size and forecast 2020 – 2025 ($ billion)
Exhibit 07: Global market: Year-over-year growth 2020 – 2025 (%)
4 Five Forces Analysis
Exhibit 04: Offerings of vendors included in the market definition
Exhibit 05: Market segments
Exhibit 06: Global – Market size and forecast 2020 – 2025 ($ billion)
Exhibit 07: Global market: Year-over-year growth 2020 – 2025 (%)
4.1 Five Forces Summary
Exhibit 08: Five forces analysis 2020 & 2025
4.2 Bargaining power of buyers
Exhibit 09: Bargaining power of buyers
4.3 Bargaining power of suppliers
Exhibit 10: Bargaining power of suppliers
4.4 Threat of new entrants
Exhibit 11: Threat of new entrants
4.5 Threat of substitutes
Exhibit 12: Threat of substitutes
4.6 Threat of rivalry
Exhibit 13: Threat of rivalry
4.7 Market condition
Exhibit 14: Market condition – Five forces 2020
5 Market Segmentation by Product
Exhibit 08: Five forces analysis 2020 & 2025
Exhibit 09: Bargaining power of buyers
Exhibit 10: Bargaining power of suppliers
Exhibit 11: Threat of new entrants
Exhibit 12: Threat of substitutes
Exhibit 13: Threat of rivalry
Exhibit 14: Market condition – Five forces 2020
5.1 Market segments
Exhibit 15: Product – Market share 2020-2025 (%)
5.2 Comparison by Product
Exhibit 16: Comparison by Product
5.3 Cookers – Market size and forecast 2020-2025
Exhibit 17: Cookers – Market size and forecast 2020-2025 ($ billion)
Exhibit 18: Cookers – Year-over-year growth 2020-2025 (%)
5.4 Ranges – Market size and forecast 2020-2025
Exhibit 19: Ranges – Market size and forecast 2020-2025 ($ billion)
Exhibit 20: Ranges – Year-over-year growth 2020-2025 (%)
5.5 Fryers – Market size and forecast 2020-2025
Exhibit 21: Fryers – Market size and forecast 2020-2025 ($ billion)
Exhibit 22: Fryers – Year-over-year growth 2020-2025 (%)
5.6 Ovens – Market size and forecast 2020-2025
Exhibit 23: Ovens – Market size and forecast 2020-2025 ($ billion)
Exhibit 24: Ovens – Year-over-year growth 2020-2025 (%)
5.7 Others – Market size and forecast 2020-2025
Exhibit 25: Others – Market size and forecast 2020-2025 ($ billion)
Exhibit 26: Others – Year-over-year growth 2020-2025 (%)
5.8 Market opportunity by Product
Exhibit 27: Market opportunity by Product
6 Customer landscape
Exhibit 15: Product – Market share 2020-2025 (%)
Exhibit 16: Comparison by Product
Exhibit 17: Cookers – Market size and forecast 2020-2025 ($ billion)
Exhibit 18: Cookers – Year-over-year growth 2020-2025 (%)
Exhibit 19: Ranges – Market size and forecast 2020-2025 ($ billion)
Exhibit 20: Ranges – Year-over-year growth 2020-2025 (%)
Exhibit 21: Fryers – Market size and forecast 2020-2025 ($ billion)
Exhibit 22: Fryers – Year-over-year growth 2020-2025 (%)
Exhibit 23: Ovens – Market size and forecast 2020-2025 ($ billion)
Exhibit 24: Ovens – Year-over-year growth 2020-2025 (%)
Exhibit 25: Others – Market size and forecast 2020-2025 ($ billion)
Exhibit 26: Others – Year-over-year growth 2020-2025 (%)
Exhibit 27: Market opportunity by Product
6.1 Overview
Exhibit 28: Customer landscape
7 Geographic Landscape
Exhibit 28: Customer landscape
7.1 Geographic segmentation
Exhibit 29: Market share by geography 2020-2025 (%)
7.2 Geographic comparison
Exhibit 30: Geographic comparison
7.3 North America – Market size and forecast 2020-2025
Exhibit 31: North America – Market size and forecast 2020-2025 ($ billion)
Exhibit 32: North America – Year-over-year growth 2020-2025 (%)
7.4 APAC – Market size and forecast 2020-2025
Exhibit 33: APAC – Market size and forecast 2020-2025 ($ billion)
Exhibit 34: APAC – Year-over-year growth 2020-2025 (%)
7.5 Europe – Market size and forecast 2020-2025
Exhibit 35: Europe – Market size and forecast 2020-2025 ($ billion)
Exhibit 36: Europe – Year-over-year growth 2020-2025 (%)
7.6 South America – Market size and forecast 2020-2025
Exhibit 37: South America – Market size and forecast 2020-2025 ($ billion)
Exhibit 38: South America – Year-over-year growth 2020-2025 (%)
7.7 MEA – Market size and forecast 2020-2025
Exhibit 39: MEA – Market size and forecast 2020-2025 ($ billion)
Exhibit 40: MEA – Year-over-year growth 2020-2025 (%)
7.8 Key leading countries
Exhibit 41: Key leading countries
7.9 Market opportunity by geography
Exhibit 42: Market opportunity by geography ($ billion)
8 Drivers, Challenges, and Trends
Exhibit 29: Market share by geography 2020-2025 (%)
Exhibit 30: Geographic comparison
Exhibit 31: North America – Market size and forecast 2020-2025 ($ billion)
Exhibit 32: North America – Year-over-year growth 2020-2025 (%)
Exhibit 33: APAC – Market size and forecast 2020-2025 ($ billion)
Exhibit 34: APAC – Year-over-year growth 2020-2025 (%)
Exhibit 35: Europe – Market size and forecast 2020-2025 ($ billion)
Exhibit 36: Europe – Year-over-year growth 2020-2025 (%)
Exhibit 37: South America – Market size and forecast 2020-2025 ($ billion)
Exhibit 38: South America – Year-over-year growth 2020-2025 (%)
Exhibit 39: MEA – Market size and forecast 2020-2025 ($ billion)
Exhibit 40: MEA – Year-over-year growth 2020-2025 (%)
Exhibit 41: Key leading countries
Exhibit 42: Market opportunity by geography ($ billion)
8.1 Market drivers
8.2 Market challenges
Exhibit 43: Impact of drivers and challenges
8.3 Market trends
9 Vendor Landscape
Exhibit 43: Impact of drivers and challenges
9.1 Overview
Exhibit 44: Vendor landscape
9.2 Landscape disruption
Exhibit 45: Landscape disruption
Exhibit 46: Industry risks
9.3 Competitive Scenario
10 Vendor Analysis
Exhibit 44: Vendor landscape
Exhibit 45: Landscape disruption
Exhibit 46: Industry risks
10.1 Vendors covered
Exhibit 47: Vendors covered
10.2 Market positioning of vendors
Exhibit 48: Market positioning of vendors
10.3 Ali Group Srl
10.4 Alto-Shaam Inc.
Exhibit 54: Alto-Shaam Inc. – Overview
Exhibit 55: Alto-Shaam Inc. – Product and service
Exhibit 56: Alto-Shaam Inc. – Key offerings
10.5 ATA Srl
Exhibit 57: ATA Srl – Overview
Exhibit 58: ATA Srl – Product and service
Exhibit 59: ATA Srl – Key offerings
10.6 Duke Manufacturing
Exhibit 60: Duke Manufacturing – Overview
Exhibit 61: Duke Manufacturing – Product and service
Exhibit 62: Duke Manufacturing – Key offerings
10.7 Electrolux AB
Exhibit 63: Electrolux AB – Overview
Exhibit 64: Electrolux AB – Business segments
Exhibit 65: Electrolux AB – Key offerings
Exhibit 66: Electrolux AB – Segment focus
10.8 FUJIMAK Corp.
Exhibit 67: FUJIMAK Corp. – Overview
Exhibit 68: FUJIMAK Corp. – Product and service
Exhibit 69: FUJIMAK Corp. – Key offerings
10.9 Illinois Tool Works Inc.
Exhibit 70: Illinois Tool Works Inc. – Overview
Exhibit 71: Illinois Tool Works Inc. – Business segments
Exhibit 72: Illinois Tool Works Inc. – Key news
Exhibit 73: Illinois Tool Works Inc. – Key offerings
Exhibit 74: Illinois Tool Works Inc. – Segment focus
10.10 RATIONAL Group
Exhibit 75: RATIONAL Group – Overview
Exhibit 76: RATIONAL Group – Business segments
Exhibit 77: RATIONAL Group – Key offerings
10.11 The Middleby Corp.
Exhibit 78: The Middleby Corp. – Overview
Exhibit 79: The Middleby Corp. – Business segments
Exhibit 80: The Middleby Corp. – Key news
Exhibit 81: The Middleby Corp. – Key offerings
Exhibit 82: The Middleby Corp. – Segment focus
10.12 Welbilt Inc.
Exhibit 83: Welbilt Inc. – Overview
Exhibit 84: Welbilt Inc. – Business segments
Exhibit 85: Welbilt Inc. – Key news
Exhibit 86: Welbilt Inc. – Key offerings
Exhibit 87: Welbilt Inc. – Segment focus
11 Appendix
Exhibit 47: Vendors covered
Exhibit 48: Market positioning of vendors
Exhibit 54: Alto-Shaam Inc. – Overview
Exhibit 55: Alto-Shaam Inc. – Product and service
Exhibit 56: Alto-Shaam Inc. – Key offerings
Exhibit 57: ATA Srl – Overview
Exhibit 58: ATA Srl – Product and service
Exhibit 59: ATA Srl – Key offerings
Exhibit 60: Duke Manufacturing – Overview
Exhibit 61: Duke Manufacturing – Product and service
Exhibit 62: Duke Manufacturing – Key offerings
Exhibit 63: Electrolux AB – Overview
Exhibit 64: Electrolux AB – Business segments
Exhibit 65: Electrolux AB – Key offerings
Exhibit 66: Electrolux AB – Segment focus
Exhibit 67: FUJIMAK Corp. – Overview
Exhibit 68: FUJIMAK Corp. – Product and service
Exhibit 69: FUJIMAK Corp. – Key offerings
Exhibit 70: Illinois Tool Works Inc. – Overview
Exhibit 71: Illinois Tool Works Inc. – Business segments
Exhibit 72: Illinois Tool Works Inc. – Key news
Exhibit 73: Illinois Tool Works Inc. – Key offerings
Exhibit 74: Illinois Tool Works Inc. – Segment focus
Exhibit 75: RATIONAL Group – Overview
Exhibit 76: RATIONAL Group – Business segments
Exhibit 77: RATIONAL Group – Key offerings
Exhibit 78: The Middleby Corp. – Overview
Exhibit 79: The Middleby Corp. – Business segments
Exhibit 80: The Middleby Corp. – Key news
Exhibit 81: The Middleby Corp. – Key offerings
Exhibit 82: The Middleby Corp. – Segment focus
Exhibit 83: Welbilt Inc. – Overview
Exhibit 84: Welbilt Inc. – Business segments
Exhibit 85: Welbilt Inc. – Key news
Exhibit 86: Welbilt Inc. – Key offerings
Exhibit 87: Welbilt Inc. – Segment focus
11.1 Scope of the report
11.2 Currency conversion rates for US$
Exhibit 88: Currency conversion rates for US$
11.3 Research methodology
Exhibit 89: Research Methodology
Exhibit 90: Validation techniques employed for market sizing
Exhibit 91: Information sources
11.4 List of abbreviations
Exhibit 92: List of abbreviations
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Exhibit 88: Currency conversion rates for US$
Exhibit 89: Research Methodology
Exhibit 90: Validation techniques employed for market sizing
Exhibit 91: Information sources
Exhibit 92: List of abbreviations
Technavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email:[email protected]Website: www.technavio.com/
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