The global Tabletop Pizza Oven Market is anticipated to reach a valuation of US$ 322.6 Million in 2033 from the US$ 210.3 Million that it is set to record in 2023. As per a new research report by Future Market Insights (FMI), sales in the tabletop pizza oven industry are estimated to witness a CAGR of 4.4% throughout the evaluation period (2023 to 2033).
FMI mentions that the U.S. is projected to remain at the forefront in North America. As compared to the CAGR of 4.2% exhibited by the country during the historical period of 2017 to 2022, the growth rate of the market is set to surge to 4.8% amid the assessment period. The U.S. is expected to create an absolute dollar opportunity of approximately US$ 80.6 Mn by the end of 2033.
The market for advanced tabletop ovens is likely to be driven by rising demand for pizza, a popular form of fast food in the United States. Another key factor boosting sales of tabletop pizza ovens over the next 10 years is the proliferation of fast food restaurants around the country in response to rising demand from the working population and millennials.
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Furthermore, the simple availability of numerous varieties of pizzas to meet the varied demands of individuals across the United States is anticipated to increase demand for tabletop pizza ovens. Rising pizza popularity, combined with increased internet penetration and a surge in online food ordering, is expected to boost sales of tabletop pizza ovens in the country.
Consumers in the United States are increasingly embracing the ‘Netflix and Chill’ trend, as online food platforms make home dining easier and more convenient. This would also create attractive growth potential for the country’s online food service and takeaway firms, including pizza restaurants.
The Centers for Disease Control and Prevention (CDC), for instance, recommends not to consume or taste unbaked batter or dough as it can lead to chronic illnesses with the presence of germs. Thus, key pizza producing companies across the U.S. are striving to make the perfect crust to enable consumers to enjoy their delicacies without the worry of falling ill. In addition, presence of a large number of fast food chains such as McDonald’s, Chick Fira, and Popeyes across the country would fuel the demand for tabletop pizza ovens in the next ten years.
Key Takeaways from the U.S. Tabletop Pizza Oven Market
- North America is projected to generate lion’s share in the global tabletop pizza oven market during the forecast period of 2023-2033.
- The U.S. tabletop pizza oven market is projected to exhibit growth at a CAGR of 8%during the period of 2023-2033.
- The U.S. tabletop pizza oven market is anticipated to be valued at US$ 80.6 Mnby 2033.
- During the period of 2017 to 2022, sales of tabletop pizza ovens surged by 2%CAGR across the U.S.
Competition Landscape in the U.S. Tabletop Pizza Oven Market
Leading online delivery and takeout providers across the U.S. are partnering up with local and global restaurants to increase sales. Some of the key companies are also offering profitable discounts and using social media platforms to endorse their brands to expand their customer base.
As the industry expands in the U.S., more competitors are set to be drawn into the market. Major players are looking to strengthen their positions by acquiring small-scale firms and suppliers to improve their presence. They are also investing huge sums in research & development and celebrity endorsements to fortify their position in the industry.
Middleby Corporation, Wood Stone Corporation, and Mugnaini are key companies in the U.S. tabletop pizza oven market.
Recent Developments
- In 2022, Hestan announced the addition of new induction cookers and griddles to its existing range of indoor cooking products. The company has blended precise temperature control with cooking quality performance with a reduced carbon footprint.
Key Players
- Middleby Corporation
- Wood Stone Corporation
- Mugnaini
- Forno Bravo
- Californo
- Welbilt
- Sveba Dahlen AB
- Ooni
- Cuppone
- Smeg
- Gozney
- Morello Forni
- Peppino
- ItalOven
- Marra Forni
- Forno Nardona
- Peerless Ovens
- Forno Classico
- Ali Group (OEM)
- Hart Keramik
- WP Riehle
- Moretti Forni Spa
- World Seiki
- Camp Chef
- Cuisinart
- Presto
- Sinmag
- Sun-Mate
- Southstar
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Key Segments
By Operation Mode:
- Gas operated
- Electrically operated
By End User:
- Commercial Sector
- Residential Sector
By Sales Channel:
- Offline
- Online
By Region:
- North America
- Europe
- Latin America
- East Asia
- South Asia and ASEAN
- Oceania
- Middle East and Africa
About Us
Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favour the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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