Global Food Warming Trays Market 2017-2021
About Food Warming Trays
Food warming tray is an equipment used to warm various food items at different temperatures. It consists of flat warming surface made up of various material, and mostly come with thermostat temperature control. The foodservice equipment (FSE) market includes primary cooking equipment, food preparation equipment, food handling and serving, storage and holding, refrigeration, ware washing, and foodservice disposables. In 2016, the global FSE market was valued at $97.12 billion. This includes FSE sold to end-users in the following industries: hospitality, retail, and foodservice.
Technavio’s analysts forecast the global food warming trays market to grow at a CAGR of 10.97% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global food warming trays 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 Food Warming Trays Market 2017-2021
Technavio recognizes the following companies as the key players in the global food warming trays market: Cadco, Hatco, Jarden Consumer Solutions, The Vollrath Company, and Waring.
Other Prominent Vendors in the market are: Tomlinson Industries, Toastess, Nostalgia Products, Spring USA, Brentwood Appliances, and Giles & Posner.
Commenting on the report, an analyst from Technavio’s team said: “One trend in market is increasing focus of vendors on innovative technologies and features. The food warming trays vendors are focusing on enhancing the quality and features of their products so that these vendors can attract more consumers which leads to increased market share of the vendors. The vendors are mostly prioritizing on providing food warming trays with improved features such as better temperature control and also increasing the surface space so that more number of dishes can be placed for warming simultaneously.”
According to the report, one driver in market is increasing focus on maintaining optimal temperature of food served. Most of the foodservice establishments such as hotels, catering companies, and full service restaurants that provide buffet services are focusing more on providing food items that are served warm at an optimal temperature to the customers. These establishments prioritize customer satisfaction in terms of food served in a buffet. The use of food warming trays with enhanced features that help to keep the food at an optimum temperature without deteriorating its nutrient value helps these foodservice establishments to create a strong brand image by enhancing customer satisfaction. For instance, Cadco's food warming tray model WT-40S, provides heat control variation from 155°F to 205°F, making it useful for heating a variety of food items. Similarly, Cuisinart also provides food warming trays which can keep the food at optimum serving temperature, as it provides the temperature control which fluctuates between 150°F and 200°F.
Further, the report states that one challenge in market is equipment requires careful handling. The food warming trays made up of different materials such as metal and glass require extra care while operating the equipment. Improper handling of food warming tray can result in damage to the equipment. For instance, Toastess Model TWT-40 cordless warming tray requires cautious operation as the surface of the tray is very susceptible to scratches, and extra care should be exercised when the tray is mounted with chaffing pans, casseroles, pots, and dishes. Similarly, trays made up of glass surface are also susceptible to breaks as the surface is delicate and tends to break if improperly handled. The broken glass surface can result in food spill overs, which can penetrate the glass surface and can lead to electric shock.
Cadco, Hatco, Jarden Consumer Solutions, The Vollrath Company, Waring, Tomlinson Industries, Toastess, Nostalgia Products, Spring USA, Brentwood Appliances, and Giles & Posner.
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