The global commercial countertop ranges market is projected to reach a valuation of US$ 11.4 billion by 2023. With an increasing demand for compact and portable cooking equipment, the market is expected to grow at a steady CAGR of 3.3% from 2023 to 2033, reaching approximately US$ 15.8 billion by 2033.
Advancements in technology are identified as a significant driver fueling the growth of the commercial countertop ranges market. Manufacturers are introducing countertop ranges with advanced controls, precise temperature management, and other features aimed at enhancing cooking efficiency and consistency. Additionally, models with WiFi connectivity enable chefs to remotely monitor and control their cooking equipment, further contributing to market expansion.
Changing consumer preferences also play a pivotal role in driving market growth. With a growing focus on healthy and locally sourced food, there is an increasing demand for equipment that aligns with these trends. Countertop ranges equipped with energy-efficient cooking methods and the ability to cook multiple dishes simultaneously are particularly appealing to foodservice operators striving to meet evolving consumer demands.
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Growth Factors
Energy efficiency has emerged as a paramount concern in the commercial kitchen equipment sector. As one of the primary energy consumers in the foodservice industry, commercial kitchen equipment significantly impacts operational costs for restaurants and food establishments. Moreover, high energy consumption contributes to environmental degradation through greenhouse gas emissions. Consequently, there’s a rising call for energy-efficient solutions, including commercial countertop ranges.
Energy-efficient commercial countertop ranges offer dual benefits of cost savings and environmental sustainability. These ranges utilize innovative technologies like induction heating, infrared heating, and precise temperature control to deliver rapid and efficient cooking while minimizing energy consumption. Furthermore, manufacturers are integrating smart features into commercial countertop ranges, empowering operators to monitor energy usage and optimize settings for enhanced energy efficiency. As the demand for sustainable practices continues to surge, the development and adoption of energy-efficient commercial kitchen equipment, including countertop ranges, are expected to witness steady growth.
Key Companies
- CookTek
- Panasonic Holdings Corporation
- The Vollrath Company
- Garland Group
- Elecpro
- APW Wyott
- Equipex
- True Induction Cookware
- Globe Food Equipment Co.
- Lincat Limited
- Buffalo Cookware
- Fisher & Paykel Appliances Limited
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Segmentation
By Type:
- Countertop Gas Ranges
- Countertop Electric Ranges
- Countertop Induction Ranges and Induction Cookers
- Heavy-Duty Gas Countertop Ranges
By Power Source:
- Gas
- Electrical
By Power Rating:
- 120 V
- 240 V
By End User:
- Restaurants
- Hotels
- Canteens
- Others
By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa