Global Commercial Waffle Maker Market 2017-2021
About Commercial Waffle Maker
A commercial waffle maker is an important kitchen appliance for any breakfast buffet, restaurant, and coffee shop. They are available in two variants called single-grid and double-grid. There are four different types of waffles available in the market: American waffles, Brussels waffles, Belgian waffles and Liege waffles.
Technavio’s analysts forecast the global commercial waffle maker market to grow at a CAGR of 6.38% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global commercial waffle maker market 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 Waffle Maker Market 2017-2021
Technavio recognizes the following companies as the key players in the global commercial waffle maker market: Waring, Krampouz, Nemco Food Equipment, Star Manufacturing International, and Wells Manufacturing.
Other Prominent Vendors in the market are: Admiral Craft Equipment, Brentwood Appliances, Carnival King, Croydon, Cuisinart, Chef’s Choice, Gold Medal Pittsburgh, and Hamilton Beach Brands.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is influx of new waffle makers with improved design. The players in the global commercial waffle maker market are introducing new models with improved features to enhance the overall efficiency and productivity in commercial kitchens. Some of the new features incorporated in the commercial waffle makers are the mounted waffle griddle pan placed one above the other.”
According to the report, one driver in the market is convenient usage for baking waffles. Restaurant operators worldwide focus on space optimization of their commercial kitchen to enhance the cooking process and ensure customer satisfaction. As all the waffle makers come as countertop models that are compact and efficient for production, this enables the operators to invest in buying the equipment which saves kitchen space.
Further, the report states that one challenge in the market is increasing availability of waffle mixes and frozen waffles for consumption at home. The increasing availability of frozen waffles and waffle mixes are limiting the growth of the global commercial waffles makers market. Many consumers are increasing their spending on frozen waffles which can be easily stored in the refrigerators and prepared at one's convenience.
Waring, Krampouz, Nemco Food Equipment, Star Manufacturing International, Wells Manufacturing, Admiral Craft Equipment, Brentwood Appliances, Carnival King, Croydon, Cuisinart, Chef’s Choice, Gold Medal Pittsburgh, and Hamilton Beach Brands.