Global Commercial Fry Dump Stations Market 2017-2021
About Commercial Fry Dump Stations
A commercial fry dump station is an equipment which holds and keeps the fried food items warm and ready to serve. It keeps the premade fried foods at safe serving temperatures. This equipment comes with warming bulbs which illuminate and heat the product as well. Depending on the demand there is availability of commercial floor model fry dump stations or even commercial countertop fry dump stations to choose from which best suits the business. The growth can mainly be attributed to a greater emphasis on keeping fried food items, such as French fries, onion rings, and chicken strips at safe temperatures, which are above the Hazard Analysis and Critical Control Point (HACCP) danger zone.
Technavio’s analysts forecast the global commercial fry dump stations Market to grow at a CAGR of 6.06% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global commercial fry dump stations for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Commercial Fry Dump Stations Market 2017-2021
Technavio recognizes the following companies as the key players in the global commercial fry dump stations market: Alto-Shaam, APW Wyott, Garland Group, Hatco, and Pitco.
Other Prominent Vendors in the market are: BKI, Carter Hoffmann, Fabristeel, Frymaster, Keating of Chicago, Marshall Air Systems, Merco, Perfect Fry, and Vulcan.
Commenting on the report, an analyst from Technavio’s team said: “One trend in market is growing preference for commercial fry dump stations with thermostatic bases. To keep the popular side dishes like French fries, onion rings, and chicken wings hot and safe, the need for steady and efficient temperature is required throughout the day. Some of the holding stations feature ceramic heating elements, others have cal-rod sheath heating elements to ensure that the food is hot and does not lose its crispness.”
According to the report, one driver in market is increase in the number of foodservice establishments. An increase in the number of foodservice establishments is a strong driver for the sale of commercial fry dump stations in many emerging economies. An increase in the number of foodservice establishments that offer fried foods in large quantities is expected to propel the growth of the global commercial fry dump stations market, as these appliances help to keep fried food products hot and crispy. The foodservice business is expanding, where the leading fast food chains, especially the QSR segment, is planning to increase their outlets in various regions. For instance, in 2016, McDonald’s announced its plans to expand by adding more than 1,500 restaurants in China, South Korea, and Hong Kong in the next five years. McDonlad’s has 14,000 restaurants in the US, and the US revenue accounted for 32% of its overall McDonald's global revenue.
Further, the report states that one challenges in market is increasing raw material prices. Most of the commercial fry dump stations body frame is built using stainless steel, because of its capability of withstanding high temperatures. This equipment with steel finish also enhances the esthetic appeal of the commercial kitchen décor. So, a fluctuation in steel prices can directly impact the production and the pricing of commercial fry dump stations. The volatility in the price of steel affects the manufacturers and even the end-users of foodservice establishments. The expansion in the demand-supply gap in steel also contributes to an increase in the cost of raw materials. For instance, during 2014 to2016 the increase in the supply of iron in the industry has impacted the prices of iron ore.
Alto-Shaam, APW Wyott, Garland Group, Hatco, Pitco, BKI, Carter Hoffmann, Fabristeel, Frymaster, Keating of Chicago, Marshall Air Systems, Merco, Perfect Fry, and Vulcan.