USD 4.95 billion Variation in Commercial Cooking Equipment Market Size at 5.4% CAGR from 2020 to 2025 - Exclusive Technavio Report

NEW YORK, July 25, 2022 /PRNewswire/ -- The "Commercial Cooking Equipment Market by Product (cookers, ranges, fryers, ovens, and others) and Geography (North America, APAC, Europe, South America, and MEA) - Forecast and Analysis 2021-2025" report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years. The potential growth difference for the commercial cooking equipment market between 2020 and 2025 is USD 4.95  billion, as per the latest market analysis report by Technavio. The analysts at Technavio have categorized the global commercial cooking equipment market as a part of the global household appliances market. The report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the commercial cooking equipment market during the forecast period.

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• Market Trend: The rising focus on improving new technologies is one of the key trends likely to support the global commercial cooking equipment market share growth. Manufacturers are providing improved cooking technology to address the needs and demands of end-users. Manufacturers of commercial conveyer ovens are coming up with improved technologies that can break the cold air "halo" that surrounds the food being cooked, which resists the transfer of heat from the radiant heating source and leads to increased preparation time. Such technological advances will drive the growth of the market in a positive direction.
• Market Challenge: The increasing raw material prices will be a key threat to the global commercial cooking equipment market share growth during the forecast period. One of the major raw materials used in the production of commercial cooking equipment is stainless steel. Even end-users prefer cooking appliances that are made of steel as the metal is durable in comparison to other metals such as aluminum or non-metal elements such as plastic. As steel is a commodity, its price fluctuates frequently. These volatile prices affect both manufacturers as well as end-users. The expanding demand-supply gap is also contributing to an increase in the cost of raw materials. 

Key market dynamics and their impact analysis on the market growth is available in this report. Download Now!

The commercial cooking equipment market report is segmented by Product (cookers, ranges, fryers, ovens, and others) and Geography (North America, APAC, Europe, South America, and MEA).  

Regional Opportunities: North America will be the leading region with 31% of the market's growth during the forecast period with the US emerging as the largest revenue-generating economy in the region. The commercial cooking equipment market in North America is mainly driven by the growing demand for commercial cooking equipment with high operational efficiency. The increase in wages and salaries is encouraging many foodservice operators to invest in commercial kitchen equipment that requires minimum labor training and intervention. Vendors have started providing cooking technologies that are easy to use. Also, various chain restaurants are expanding in the region, which will directly influence the market for commercial cooking equipment. This will drive the market growth positively in the forthcoming years.

Revenue-generating Segment Highlights: The commercial cookers segment held the largest market share in 2020. This segment includes pasta cookers and rice cookers. These appliances also form an essential part of the food service establishments that serve various food items such as pasta and a variety of rice and rice-based dishes. Vendors of commercial cookers, with advancements in various controls, are focusing on improving the technology used in commercial cookers to reduce energy and water consumption. For instance, AB Electrolux provides its pasta cooker model 900XP, which is equipped with different baskets for menu differentiation and comes with an automatic basket lifting system.

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• Ali Group Srl
• Alto-Shaam Inc.
• ATA Srl
• Duke Manufacturing
• Electrolux AB
• FUJIMAK Corp.
• Illinois Tool Works Inc.
• RATIONAL Group
• The Middleby Corp.
• Welbilt Inc.
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• Which is the latest market trend taking the market by the storm?
• What are some of the most influential market drivers, restraints, and opportunities (DROs)?
• What are the historical and projected revenue values and CAGR percentage?
• Which strategic initiatives will influence competitive scenarios and define the market growth potential?
• Which regions & segments will garner massive revenue and emerge as market leaders in upcoming years?
• Who are the top market share contributors and their latest organizational restructuring plans?

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1 Executive Summary

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 01: Parent market
• Exhibit 02: Market characteristics

• 2.2 Value chain analysis
• Exhibit 03: Value Chain Analysis: Household appliances

3 Market Sizing

• 3.1 Market definition
• Exhibit 04: Offerings of vendors included in the market definition

• 3.2 Market segment analysis
• Exhibit 05: Market segments

• 3.3 Market size 2020

• 3.4 Market outlook: Forecast for 2020 - 2025
• Exhibit 06: Global - Market size and forecast 2020 - 2025 ($ billion)
• Exhibit 07: Global market: Year-over-year growth 2020 - 2025 (%)

4 Five Forces Analysis

• 4.1 Five Forces Summary
• Exhibit 08: Five forces analysis 2020 & 2025

• 4.2 Bargaining power of buyers
• Exhibit 09: Bargaining power of buyers

• 4.3 Bargaining power of suppliers
• Exhibit 10: Bargaining power of suppliers

• 4.4 Threat of new entrants
• Exhibit 11: Threat of new entrants

• 4.5 Threat of substitutes
• Exhibit 12: Threat of substitutes

• 4.6 Threat of rivalry
• Exhibit 13: Threat of rivalry

• 4.7 Market condition
• Exhibit 14: Market condition - Five forces 2020

5 Market Segmentation by Product

• 5.1 Market segments
• Exhibit 15: Product - Market share 2020-2025 (%)

• 5.2 Comparison by Product
• Exhibit 16: Comparison by Product

• 5.3 Cookers - Market size and forecast 2020-2025
• Exhibit 17: Cookers - Market size and forecast 2020-2025 ($ billion)
• Exhibit 18: Cookers - Year-over-year growth 2020-2025 (%)

• 5.4 Ranges - Market size and forecast 2020-2025
• Exhibit 19: Ranges - Market size and forecast 2020-2025 ($ billion)
• Exhibit 20: Ranges - Year-over-year growth 2020-2025 (%)

• 5.5 Fryers - Market size and forecast 2020-2025
• Exhibit 21: Fryers - Market size and forecast 2020-2025 ($ billion)
• Exhibit 22: Fryers - Year-over-year growth 2020-2025 (%)

• 5.6 Ovens - Market size and forecast 2020-2025
• Exhibit 23: Ovens - Market size and forecast 2020-2025 ($ billion)
• Exhibit 24: Ovens - Year-over-year growth 2020-2025 (%)

• 5.7 Others - Market size and forecast 2020-2025
• Exhibit 25: Others - Market size and forecast 2020-2025 ($ billion)
• Exhibit 26: Others - Year-over-year growth 2020-2025 (%)

• 5.8 Market opportunity by Product
• Exhibit 27: Market opportunity by Product

6 Customer landscape

• 6.1 Overview
• Exhibit 28: Customer landscape

7 Geographic Landscape

• 7.1 Geographic segmentation
• Exhibit 29: Market share by geography 2020-2025 (%)

• 7.2 Geographic comparison
• Exhibit 30: Geographic comparison

• 7.3 North America - Market size and forecast 2020-2025
• Exhibit 31: North America - Market size and forecast 2020-2025 ($ billion)
• Exhibit 32: North America - Year-over-year growth 2020-2025 (%)

• 7.4 APAC - Market size and forecast 2020-2025
• Exhibit 33: APAC - Market size and forecast 2020-2025 ($ billion)
• Exhibit 34: APAC - Year-over-year growth 2020-2025 (%)

• 7.5 Europe - Market size and forecast 2020-2025
• Exhibit 35: Europe - Market size and forecast 2020-2025 ($ billion)
• Exhibit 36: Europe - Year-over-year growth 2020-2025 (%)

• 7.6 South America - Market size and forecast 2020-2025
• Exhibit 37: South America - Market size and forecast 2020-2025 ($ billion)
• Exhibit 38: South America - Year-over-year growth 2020-2025 (%)

• 7.7 MEA - Market size and forecast 2020-2025
• Exhibit 39: MEA - Market size and forecast 2020-2025 ($ billion)
• Exhibit 40: MEA - Year-over-year growth 2020-2025 (%)

• 7.8 Key leading countries
• Exhibit 41: Key leading countries

• 7.9 Market opportunity by geography
• Exhibit 42: Market opportunity by geography ($ billion)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges
• Exhibit 43: Impact of drivers and challenges

• 8.3 Market trends

9 Vendor Landscape

• 9.1 Overview
• Exhibit 44: Vendor landscape

• 9.2 Landscape disruption
• Exhibit 45: Landscape disruption
• Exhibit 46: Industry risks

• 9.3 Competitive Scenario

10 Vendor Analysis

• 10.1 Vendors covered
• Exhibit 47: Vendors covered

• 10.2 Market positioning of vendors
• Exhibit 48: Market positioning of vendors

• 10.3 Ali Group Srl

• 10.4 Alto-Shaam Inc.
• Exhibit 54: Alto-Shaam Inc. - Overview
• Exhibit 55: Alto-Shaam Inc. - Product and service
• Exhibit 56: Alto-Shaam Inc. - Key offerings

• 10.5 ATA Srl
• Exhibit 57: ATA Srl - Overview
• Exhibit 58: ATA Srl - Product and service
• Exhibit 59: ATA Srl - Key offerings

• 10.6 Duke Manufacturing
• Exhibit 60: Duke Manufacturing - Overview
• Exhibit 61: Duke Manufacturing - Product and service
• Exhibit 62: Duke Manufacturing - Key offerings

• 10.7 Electrolux AB
• Exhibit 63: Electrolux AB - Overview
• Exhibit 64: Electrolux AB - Business segments
• Exhibit 65: Electrolux AB - Key offerings
• Exhibit 66: Electrolux AB - Segment focus

• 10.8 FUJIMAK Corp.
• Exhibit 67: FUJIMAK Corp. - Overview
• Exhibit 68: FUJIMAK Corp. - Product and service
• Exhibit 69: FUJIMAK Corp. - Key offerings

• 10.9 Illinois Tool Works Inc.
• Exhibit 70: Illinois Tool Works Inc. - Overview
• Exhibit 71: Illinois Tool Works Inc. - Business segments
• Exhibit 72: Illinois Tool Works Inc. – Key news
• Exhibit 73: Illinois Tool Works Inc. - Key offerings
• Exhibit 74: Illinois Tool Works Inc. - Segment focus

• 10.10 RATIONAL Group
• Exhibit 75: RATIONAL Group - Overview
• Exhibit 76: RATIONAL Group - Business segments
• Exhibit 77: RATIONAL Group - Key offerings

• 10.11 The Middleby Corp.
• Exhibit 78: The Middleby Corp. - Overview
• Exhibit 79: The Middleby Corp. - Business segments
• Exhibit 80: The Middleby Corp. – Key news
• Exhibit 81: The Middleby Corp. - Key offerings
• Exhibit 82: The Middleby Corp. - Segment focus

• 10.12 Welbilt Inc.
• Exhibit 83: Welbilt Inc. - Overview
• Exhibit 84: Welbilt Inc. - Business segments
• Exhibit 85: Welbilt Inc. - Key news
• Exhibit 86: Welbilt Inc. - Key offerings
• Exhibit 87: Welbilt Inc. - Segment focus

11 Appendix

• 11.1 Scope of the report

• 11.2 Currency conversion rates for US$
• Exhibit 88: Currency conversion rates for US$

• 11.3 Research methodology
• Exhibit 89: Research Methodology
• Exhibit 90: Validation techniques employed for market sizing
• Exhibit 91: Information sources

• 11.4 List of abbreviations
• Exhibit 92: List of abbreviations

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