The market for commercial cookers is projected to expand at a CAGR of 4.9% by 2033. According to FMI, the market is expected to increase from US$ 1,953.0 million in 2023 to US$ 3,151.1 million by 2033. The market had a value of US$ 1,872.5 million in 2022 as a result of a 1.4% decline in demand between 2018 and 2022. The expansion of the hotel industry is primarily responsible for the demand for commercial cookers. The global market is developing as a result of the rising demand for efficient, multifunctional, time- and space-saving commercial cookers.
Aiming to reduce kitchen space, energy use, food waste, and labor are the commercial cookers market trends to watch out for. These fads emerge in reaction to customers’ constantly changing expectations and requirements, along with those in food and drink. However, modern technologies surely keep changing commercial kitchens and the cooking equipment they use.
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Catering, full-service restaurants, and quick-service restaurants regularly employ commercial cookers to prepare and preserve a variety of foods. The growth of the commercial cookers market is mostly driven by an increase in business visitors as well as new hotels and eateries.
Key Players
- Vulcan
- Imperial Commercial Cooking Equipment
- Ralph Jacobsberg and Company
- B+S Commercial Kitchens
- Ali Group
- Atosa USA Inc.
- Comstock- Castle Stove Co.
- Electroflux
- Duke Manufacturing Co.
- Illinois Tool Works Inc
- Middleby Corporation
- Comstock Castle Stove Co
- Fagor Professional
- Nisbets
- Anvil World
- AMtek
- Henny Penny
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Key Segments
By Type:
- Gas
- Dual
- Electric
By Burner:
- 2 Burner
- 3 Burner
- 4 Burner
- 5 Burner
- 6 Burner
By End Use:
- Full-service Restaurant
- Quick-service Restaurant
- Catering
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia and Pacific
- Middle East & Africa
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5,000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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