Combi Ovens Market is expected to witness a considerable value CAGR of 10.7% : FMI

[238 Pages] The global combi ovens market to grow with a year-on-year value growth of 10.2% in 2022 reaching a value of about US$ 1,996.9 Mn by 2022 end. Combi ovens are available for Convection, steaming, and combination cooking. The combination mode employs both dry heat and steam to maintain precise humidity levels in the food, allowing for more control over moisture levels.

For professional food preparation, a combi oven can be utilised to replace both equipment’s, saving time, space, and money. The global businesses is expected to witness a considerable value CAGR of 10.7% during the period of 2022 and 2027.

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FMI has identified Western Europe to remain a key market for combi oven over the forecast period owing to increasing demand from end-use applications. The region is estimated to witness a value of a CAGR8.5% during the period 2022 and 2027. Global Combi Ovens Market is expected to account for about 1.3% of the global machine tool market.

2012-2021 Global Combi Ovens Market Outlook Compared to 2022-2027 Forecast

Combi Ovens do a range of tasks including baking, roasting, broiling and steaming. It is becoming more popular for preparing continental cuisine. Combi Ovens are becoming a popular alternative to traditional foodservice equipment because of their features and high utility. Electric Combi Ovens are also becoming more popular in high-altitude settings.

As a result, their demand is expected to skyrocket in the future years. The ability to self-clean is the most significant characteristic of a combi oven, which makes it a popular choice.

Most combi ovens offer self-cleaning systems that use either tablets or liquid detergents. As a result, maintenance time and cost are significantly reduced. This is expected to shoot up the demand for combi ovens in will help to augment supply.

What are the key attributes to increase the usage of Combi oven in near future?

Consumer preferences have shifted from full-service restaurants to fast-service restaurants as a result of rapid lifestyle changes. Furthermore, transporting LPG at such high altitudes is costly. As a result, the use of LPG-powered appliances has reduced significantly over time.  With this confidence, investors are eager to invest in hotel and restaurant development.

As a result of its unique features and capacity to perform in any situation, the demand for combi ovens for applications in cruise ships, ships, and marine vessels is expected to expand dramatically. Furthermore, in many areas, hotel construction is still in its early stages. The upmarket and premium hotel segment is expected to develop significantly in the future years.

Pressurized fuel systems are ineffective at high elevations. The supply of LPG is influenced by two factors: pressure differences and a shortage of oxygen. The pressure differential between the pressurised tank and the lower outside pressure drops at high altitudes, allowing the gas to exit the canister more easily.

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Combi Ovens are becoming attractive options in high-altitude settings as a result of this. This is expected to provide a vital boost to demand and prospects for the Combi Ovens market to expand in the future years.

Global Combi Ovens Market by Category

By Product Type, the Global Combi Ovens Market is segmented as:

  • Steam Generated
  • Boilerless

By Power Unit, the Global Combi Ovens Market is segmented as:

  • Gas
  • Electric

By Capacity, the Global Combi Ovens Market is segmented as:

  • Low
  • Medium
  • Heavy

By End-use, the Global Combi Ovens Market is segmented as:

  • Hotels & Restaurants
  • Bakery Stores
  • Retail Outlets
  • Domestic & Institutional
  • Commercial Kitchens

By Region, the Global Combi Ovens Market is segmented as:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East & Africa

Combi Oven Market Competitive Landscape

Over the past few years, increment in the number of acquisitions and expansion activities has been witnessed to improve the supply of Combi oven. Several key players are also focusing on improving efficiency of machine mount for various applications. Emergence of various manufacturers had also been witnessed in the global businesses especially in China.

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For Instance,

  • In February 2017, Alto-Shaam Inc. introduced the new self-cleaning rotisserie oven, which features several time-saving options, including automatic cleaning, grease collection and touchscreen controls.
  • In 2017, the company launched its Easyair Combi Oven. This medium duty combi oven is stackable and accepts data via a USB port for up to a pre-set temperature of 99 degree Celsius.

The latest study conducted by Future Market Insights covers all the strategies and success factors of key manufacturers of the market.

*The list is not exhaustive, and only for representational purposes. Full competitive intelligence with SWOT analysis is available in the report.

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