Commercial Cooking Equipment Market by Type (Braising Pans/Tilting Skillets, Broilers/Char Broilers/Grills/Griddles, Cook-chill Systems, Fryers, Ovens, Cookers, Ranges, Kettles, Steamers, and Others), and End User (Full Service Restaurant & Hotels, Quick Service Restaurants, and Catering Service) - Global Opportunity Analysis and Industry Forecast, 2017-2023
Commercial cooking equipment plays a vital role in the food service & processing industry. Ovens and fryers are some of the commonly used equipment for preparing various food cuisines. This equipment is used for baking, grilling, frying, or toasting in various restaurants, hotels, and fast-food centers. In addition, these enable easy preparation of food and preservation. Moreover, this equipment ensures food safety, reduce labor, and operational cost. This equipment helps improving presentation and retaining taste and nutrients of food.
Rapid growth in restaurants, and hotels was attributed to rapid urbanisation and globalization, which in turn is expected to boost the market growth. Moreover, rise in health consciousness among consumers and increased demand for healthy and tasty food drive the market growth. However, high initial capital cost for installing commercial cooking equipment, and volatile prices of raw materials hampers the market growth. Irrespective of these challenges, launch of eco-friendly and efficient cooking equipment in kitchen due to rapid depletion of natural resources such as LPG and other petroleum products, is anticipated to unfold numerous opportunity for the market growth.
The market segmentation is based on type, end user, and geography. Based on type, it is divided into braising pans/tilting skillets, broilers/char broilers/grills/griddles, cook-chill systems, fryers, ovens, cookers, ranges, kettles, steamers, and others. On the basis of end user, it is categorized into full service restaurant & hotels, quick service restaurants, and catering service. The market is analysed based on four regions, namely North America, Europe, Asia-Pacific, and LAMEA.
The key players profiled in the report include Ali S.p.A, Illinois Tool Works Inc., Duke Manufacturing Co. Inc., The Middleby Corporation, Alto-Shaam, Inc., Edward Don & Company, Fujimak Corporation, Manitowac Company Inc., AB Electrolux, and Rational AG.
KEY BENEFITS FOR STAKEHOLDERS
The report provides an extensive analysis of the factors that drive and restrain the global commercial cooking equipment market.
The factors affecting the growth and projections of the market are provided for the period of 2016–2023.
The report provides quantitative & qualitative trends to assist stakeholders to understand the regional trends.
Competitive intelligence of the industry highlights the business practices followed by key market players across the globe.
KEY MARKET SEGMENTS
Braising Pans/Tilting Skillets
BY END USER
Full Service Restaurant & Hotels
Rest of Europe
Rest of Asia-Pacific
MARKET PLAYERS IN THE VALUE CHAIN
Illinois Tool Works Inc.
Duke Manufacturing Co. Inc.
The Middleby Corporation
Edward Don & Company
Manitowac Company Inc.
OTHER PLAYERS IN THE VALUE CHAIN
Standex International Corporation
The Vollrath Company, LLC
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