Global Countertop Griddle Market 2017-2021
About Counter Top Griddle
A countertop griddle is a cooking device used in various foodservice establishments and consists of a broad flat surface that is heated by gas or electricity. The majority of commercial grade countertop griddles are made from A36 steel. Some of the countertop griddles are also made of stainless steel or composites of aluminum and stainless steel.
Technavio’s analysts forecast the global counter top griddle market to grow at a CAGR of 5.72% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global counter top griddle 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 Counter Top Griddle Market 2017-2021
Technavio recognizes the following companies as the key players in the global counter top griddle market: Lang World, Garland Group, Star Manufacturing International, and Vulcan.
Other Prominent Vendors in the market are: Equipex, Globe Food Equipment, Imperial Commercial Cooking Equipment, MagiKitch'n, Toastmaster, Waring, Wells Bloomfield, and Wolf Equipment.
Commenting on the report, an analyst from Technavio’s team said: “One trend in market is growing preference for thick griddle plates. Most end-users operating commercial electric griddles are specific about the type of griddle plate while purchasing griddles; independent foodservice restaurants and premium steakhouses use griddle plates of varying thicknesses. Griddle manufacturers mainly offer three measurements of griddle plate thickness: ½ inch, ¾ inch, and 1 inch. Based on various parameters, one inch thick griddle plates are mostly preferred by foodservice establishments. Griddles with thin plates are more likely to crack and distort when frozen food is cooked continuously at high temperatures. Thick griddle plates are more durable as these plates can tolerate heavy use, which means that they can continuously be used to prepare frozen food at high temperatures without showing signs of wear and tear. Another advantage of the thick griddle plate is the even distribution of heat on the griddle plate surface, which minimizes the chances of cold spots on the plate surface. Thicker griddle plates also have excellent heat retention capacity for swift temperature recovery. Thus, when frozen or cold food is placed on the griddle surface, thick griddle plates can quickly reach the set temperature to cook the food. Many foodservice establishments that require high-volume production prefer using countertop griddles with thick plates.”
According to the report, one driver in market is growing demand for food prepared on griddles. The growth in the sales of new units of countertop gas and electric griddles is directly proportional to the demand for food prepared on commercial griddles. Countertop griddles with manual control are mostly used to prepare food items that do not require specific cooking temperatures, such as steaks, bacon, burger patties, and meat. Manual controls have values that allow the end-users to turn the flame up and down as desired. They are less expensive and provides maximum operator flexibility. Some of the leading manufacturers of countertop griddles with manual control are Globe Food Equipment and Eurodib. The countertop griddles with manual control are usually priced between $500-$2,000.
Further, the report states that one challenge in market is prevailing market for used countertop griddles. Many restaurants and catering companies that plan to start operations in the countertop griddle segment prefer purchasing used countertop griddles to save on equipment purchase costs. Small restaurant owners, especially those in emerging economies that want commercial countertop griddles with improved features and better quality but are reluctant to spend a high amount of money on them are opting for used countertop griddle equipment. Commercial countertop griddles from leading market players, like APW Wyott, Star Manufacturing international, Vulcan, and Wolf Equipment are also available second-hand. The online market for used commercial countertop griddles is expanding in countries such as the US, Canada, and the UK. eBay, Gumtree, Graham's Food and Drink Equipment, and Burkett Restaurant Equipment are some of the popular online marketplaces selling used countertop griddles. The increasing preference for and purchase of second-hand countertop griddles is, therefore, affecting the sales of new countertop griddles, and thereby restrict the market growth in the coming years.
Lang World, Garland Group, Star Manufacturing International, Vulcan, Equipex, Globe Food Equipment, Imperial Commercial Cooking Equipment, MagiKitch'n, Toastmaster, Waring, Wells Bloomfield, and Wolf Equipment.
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