In 2022, the global combi ovens market is expected to grow 10.2% year on year, reaching a value of approximately US$ 1,996.9 million by the end of the year. There are convection, steaming, and combination ovens available. The combination mode maintains precise humidity levels in the food by using both dry heat and steam, allowing for greater moisture control.
In professional food preparation, a combi oven can replace both pieces of equipment, saving time, space, and money. Between 2022 and 2027, the global business is expected to grow at a significant CAGR of 10.7%.
FMI expects Western Europe to remain a key market for combi ovens over the forecast period due to increased demand from end-use applications. Between 2022 and 2027, the region is expected to grow at an annual rate of 8.5%. Combi ovens are expected to account for approximately 1.3% of the global machine tool market.
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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.
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.
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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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
