Pizza Oven Market to Grow by USD 456.1 Million from 2024-2028, as Pizza Consumption in Developing Countries Rises with AI-Powered Market Evolution - Technavio

NEW YORK, Nov. 11, 2024 /PRNewswire/ -- Report on how AI is driving market transformation - The global pizza oven market size is estimated to grow by USD 456.1 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 6.4% during the forecast period. Increasing consumption of pizza in developing countries is driving market growth, with a trend towards increasing focus on customized and hybrid wood-fired ovens. However, long product replacement cycle poses a challenge.Key market players include Ali Group Srl, Angelo Po Grandi Cucine Spa, Belforno, Blackstone Products, Californo, Cuppone Srl, Donna Italia USA, EarthStone Wood Fire Ovens, Fiero, Forno Bravo, Gozney Group Ltd., Henny Penny Corp., Italoven, Kitchenrama, Le Panyol, Morello Forni Italia Srl, Mugnaini Imports Inc., Ooni Ltd., Peppino Cement Ornaments CC, The Middleby Corp., and Wood Stone Corp..

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Market Driver

The pizza oven market is experiencing a shift towards customized and hybrid wood-fired ovens. These innovative ovens, popular in the pizza and baking sectors, offer numerous benefits. They ensure even baking and optimal heat distribution, prevent food overheating, boost oven efficiency, and reduce baking time. Hybrid ovens incorporate multiple heating systems into a single baking chamber, utilizing both wood and electrical power for efficient energy use. This fusion of technologies caters to the growing demand for fast food and Italian cuisine in regions such as Dubai, East Asia, and the Italian diaspora. 

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Market Challenges

• Pizza ovens are essential commercial equipment, renowned for their durability and ability to withstand high temperatures and heavy usage in various foodservice establishments. Urbanization and increasing purchasing power have fueled the popularity of pizza, leading to a significant market for these ovens. Various types, including wood, electric, and gas ovens, cater to diverse cuisines and preferences. Ease of cleaning, fast preheating, and long replacement cycles are key considerations. The market encompasses a range of offerings, from pre-assembled models to hybrid systems, and serves various sectors, including bakeries and chain stores. Attention to design, automation, and customer service are crucial factors in the adoption of pizza ovens. Cost, construction materials, and combustion efficiency are also significant factors.

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Segment Overview

This pizza oven market report extensively covers market segmentation by

1. Type
• 1.1 Electric pizza oven
• 1.2 Wood-fired pizza oven
• 1.3 Gas pizza oven
2. Distribution Channel
• 2.1 Offline
• 2.2 Online
3. Geography
• 3.1 Europe
• 3.2 North America
• 3.3 APAC
• 3.4 South America
• 3.5 Middle East and Africa

1.1 Electric pizza oven- The pizza oven market exhibits significant growth in the segment of electric ovens, which can be attributed to their semi-automatic nature and user-friendly design. These ovens, made primarily of stainless steel, do not necessitate extensive expertise or venting systems, making them an ideal choice for small commercial spaces in South Asia and beyond. With advanced technology, including temperature regulation and smart interfaces, electric pizza ovens cater to the increasing demand for take-out and delivery pizzas. In March 2023, the introduction of the Ooni Volt 12, a versatile electric oven from Ooni Ltd., expanded the market's offerings for both indoor and outdoor use. This segment's growth is further fueled by statistics showing a growing world population and increasing pizza consumption trends. Additionally, electric pizza ovens offer energy efficiency, with less thermal radiation compared to traditional stoves, and are compatible with various power sources, including USB On-The-Go.

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Research Analysis

The pizza oven market encompasses a wide range of establishments, including homes, restaurants, pizzerias, and commercial food chains. Pizza enthusiasts seek authentic flavors, textures, and cooking techniques, leading to the increasing popularity of pizza ovens. Gluten-free and vegan pizza preparations cater to diverse dietary needs, expanding the market's reach. Collaborations with chefs and the use of high-quality ingredients further enhance the pizza experience. Both residential and commercial sectors utilize various types of pizza ovens, such as electric and wood-fired, to meet the demands of artisanal foods and fast food restaurants, hotels, café & coffee shops, catering businesses, and pizza outlets.

Market Research Overview

The pizza oven market encompasses a wide range of products designed for baking authentic pizzas at home. These ovens come in various forms, including gas, wood, and electric models. The market caters to diverse consumer preferences, offering different sizes, styles, and features. Some ovens are portable and compact, while others are large and built-in. The market is driven by factors such as the growing popularity of homemade pizzas, increasing disposable income, and the convenience of having a pizza oven at home. Additionally, the market is witnessing the emergence of smart ovens with advanced technology, making pizza baking an enjoyable and effortless experience.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

• Type
• Electric Pizza Oven
• Wood-fired Pizza Oven
• Gas Pizza Oven
• Distribution Channel
• Offline
• Online
• Geography
• Europe
• North America
• APAC
• South America
• Middle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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SOURCE Technavio