The global portable buffet and drop-in ranges market is on a growth trajectory, having reached a valuation of USD 868.2 million in 2023. Forecasts suggest a steady CAGR of 6.5% from 2023 to 2033, with an anticipated valuation of USD 1,629.7 million by the end of the forecast period.
The increasing popularity of food preparation and serving machines that offer mobility is driving market growth. These portable solutions provide convenience and flexibility, catering to the evolving needs of customers. Cuisine diversity remains a defining aspect of restaurants worldwide, further contributing to the demand for versatile buffet and drop-in ranges.
Adherence to regulations and standards is paramount in the commercial kitchen equipment industry. Certification from recognized bodies such as Underwriters Laboratories (UL) and the National Sanitation Foundation (NSF) ensures compliance with sanitation and safety requirements. Hence, selecting equipment with proper certification is crucial for maintaining operational integrity in commercial kitchens.
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Growth Drivers:
The market for kitchen appliances is experiencing a surge in demand driven by the growing preference for custom-built kitchens and minimalist designs. Modular layouts and open kitchen concepts, particularly in smart cities, are propelling market growth. Drop-in ranges, integrated seamlessly into kitchen islands and cabinetry, are becoming increasingly popular for their space-saving and aesthetic appeal.
Portable buffet warmers are anticipated to witness heightened demand in the coming years, driven by the need to maintain food quality and temperature. Interactive food stations are emerging as a trend among food enthusiasts, offering diverse culinary experiences. Modern buffets are equipped with portable heating units, providing a wide array of food options while maintaining optimal serving temperatures.
The versatility of portable warmers is a key factor contributing to market expansion. Operators can set up separate warming areas for different types of food, catering to diverse dietary preferences and allergy considerations. As a result, sales in the market are expected to continue rising in response to evolving consumer needs and preferences.
Key Companies
- Avantco Equipment
- Vollrath
- Cadco, Ltd.
- Globe Food Equipment Company
- APW Wyott
- Hatco Corporation
- Nemco Food Equipment
- Warning Commercial
- Adcraft
- Fagor Commercial
Market Segmentation:
Portable Buffet and Drop-in Ranges Market by Type:
- Portable Gas Ranges
- Electric Buffet Ranges
- Drop-In Ranges
Portable Buffet and Drop-in Ranges Market by Distribution Channel:
- Commercial
- Residential
Portable Buffet and Drop-in Ranges Market by Application:
- Online Retailers
- Specialty Stores
Portable Buffet and Drop-in Ranges Market by Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Author:
Ronak Shah (Associate Vice President at Future Market Insights) is deeply committed to uncovering actionable insights for consumer and food and beverage players. She brings a unique blend of analysis, industry trends, and consumer behavior to put data into perspective.
What she makes out of data becomes a delight to read. She has authored many opinions, including for publications like Process Industry Informer and Spinal Surgery News, as she understands the market pulse and consumers’ shifting preferences.
She likes to bring experts to a roundtable to weigh the impact of a trend on an industry. Catch up with her discussion on the impact of AI in packaging.
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 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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