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 labour 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 being 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
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Future Market Insights (ESOMAR-certified 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 favor 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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