The commercial rotisserie oven market is expected to register at a CAGR of 5.6% over the forecast market. The market is expected to be valued at US$ 32,777.48 Mn by 2033, ands of on 2023, the market holds a valuation of US$ 19,008 Mn.
An increase in the consumption of pork meat and processed poultry meat market owing to their nutritional benefits is expected to increase the market share of commercial rotisserie oven during the forecast period. This can be supported by the fact that the pork meat market is expected to grow at a CAGR of nearly 4.2% and the processed poultry meat market is expected to grow at a CAGR of nearly 7.7%, which would certainly have a positive impact on the market.
Moreover, the growth of the barbeque market is expected to further surge the market share during the forecast period because of the ability of rotisserie ovens offers uniform heat to the food.
The ability to provide a hassle-free cooking experience due to the slow cooking process allows the chef to get better control over the cooking process because of which the product has the found large number of buyers in the barbeque and related market.
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The capacity to enable cooking for a sizable number of people is another feature that has attracted the interest of potential investors. The cook can save a lot of time due to this commercial oven’s ability to heat multiple items at once.One of the common worries for the chefs remains the unpleasant scenario of overcooking. The application of commercial rotisserie ensures that as the food spins, every inch of it receives uniform heat, thereby resulting in crispy crust and even browning. This is well expected to increase the demand for commercial rotisserie oven during the forecast period.
Thus, based on the research conducted by FMI, it can be concluded that “A huge pork and processed poultry meat market, combined with the ability to prevent overcooking is expected to increase the sales of commercial rotisserie oven during the forecast period.”
- The commercial rotisserie oven market is valued at US$ 19008 Mn as of 2023.
- By 2033, the market is expected to reach a valuation of US$ 32777.48 Mn.
- The market is expected to grow at a CAGR of 5.6% during the period 2023-2033.
- The US commercial rotisserie oven market is projected to be valued at US$ 6747.05 Mn by 2033, and is expected to grow at a CAGR of 4.9% during the forecast period.
- The UK market is valued at US$ 1121.47 Mn as on 2023, and is expected to grow at a CAGR of 4.4% during the forecast period.
- The China commercial rotisserie oven market is expected to hold a valuation of US$ 3686.24 Mn by 2033 and is projected to grow at a CAGR of 8.1% during the forecast period.
- The Japan market holds a valuation of US$ 1425.60 Mn as of 2023, and is projected to expand at a robust CAGR of 9.9% through 2033.
- The South Korean commercial rotisserie oven market is expected to grow at a CAGR of 11% through 2033, and by 2033, the market is expected to be valued at US$ 1133.41 Mn.
- By type, the gas rotisserie segment has the highest market share and is expected to grow at a CAGR of 4.9% during the forecast period.
- By application, the restaurants segment is expected to have the highest market share, and is expected to grow at a CAGR of 6.6% during the forecast period.
The key players operating in the market are looking at ways to increase their market share by developing top-level rotisseries and smokers that can deliver lip-smacking food under the unique conditions of each restaurant.
Some of the recent developments in the commercial rotisserie oven market are:
- In September 2022, John Perruccio was named Middleby Group President.
- In April 2022, Vollrath engineered the first-ever outdoor rated induction cooktop for Traeger’s New Timberline Grill.
Key Companies Profiled
- J and R Manufacturing LLC,
- ROLLER GRILL INTERNATIONAL SAS,
- Rotisol SA,
- The Middleby Corp.,
- The Vollrath Co. LLC,
- Dimark Commercial Pty. Ltd.
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- Gas Rotisserie
- Coal Rotisserie
- North America
- Latin America
- East Asia
- South Asia
- Middle East & Africa
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