The commercial rotisserie oven market is expected to register at a CAGR of 5.6% over the forecast market. The market is expected to be valued at US$ 32,777.48 Mn by 2033, ands of on 2023, the market holds a valuation of US$ 19,008 Mn.
An increase in the consumption of pork meat and processed poultry meat market owing to their nutritional benefits is expected to increase the market share of commercial rotisserie oven during the forecast period. This can be supported by the fact that the pork meat market is expected to grow at a CAGR of nearly 4.2% and the processed poultry meat market is expected to grow at a CAGR of nearly 7.7%, which would certainly have a positive impact on the market.
Additionally, due to the capacity of rotisserie ovens to provide uniform heat to the food, the expansion of the barbeque industry is anticipated to further spike the market share throughout the forecast period.
The device has found a big number of buyers in the barbecue and associated industry since it may offer a hassle-free cooking experience thanks to the slow cooking procedure, which also gives the chef better control over the cooking process.
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Another characteristic that has piqued the eye of potential investors is the ability to facilitate cooking for a substantial number of people. Because this commercial oven can heat several things at once, the cook can save a lot of time.The uncomfortable situation of overcooking continues to be a concern for cooks. The use of commercial rotisserie guarantees that every square inch of the meal receives uniform heat as it spins, producing a crisp crust and equal browning. During the projection period, it is predicted that this will enhance demand for commercial rotisserie ovens.
Key Takeaways:
- The commercial rotisserie oven market is valued at US$ 19008 Mn as of 2023.
- By 2033, the market is expected to reach a valuation of US$ 32777.48 Mn.
- The market is expected to grow at a CAGR of 5.6% during the period 2023-2033.
- The US commercial rotisserie oven market is projected to be valued at US$ 6747.05 Mn by 2033, and is expected to grow at a CAGR of 4.9% during the forecast period.
- The UK market is valued at US$ 1121.47 Mn as on 2023, and is expected to grow at a CAGR of 4.4% during the forecast period.
- The China commercial rotisserie oven market is expected to hold a valuation of US$ 3686.24 Mn by 2033 and is projected to grow at a CAGR of 8.1% during the forecast period.
- The Japan market holds a valuation of US$ 1425.60 Mn as of 2023, and is projected to expand at a robust CAGR of 9.9% through 2033.
- The South Korean commercial rotisserie oven market is expected to grow at a CAGR of 11% through 2033, and by 2033, the market is expected to be valued at US$ 1133.41 Mn.
- By type, the gas rotisserie segment has the highest market share and is expected to grow at a CAGR of 4.9% during the forecast period.
- By application, the restaurants segment is expected to have the highest market share, and is expected to grow at a CAGR of 6.6% during the forecast period.
Competitive Landscape
The key players operating in the market are looking at ways to increase their market share by developing top-level rotisseries and smokers that can deliver lip-smacking food under the unique conditions of each restaurant.
Some of the recent developments in the commercial rotisserie oven market are:
- In September 2022, John Perruccio was named Middleby Group President.
- In April 2022, Vollrath engineered the first-ever outdoor rated induction cooktop for Traeger’s New Timberline Grill.
Key Companies Profiled
- J and R Manufacturing LLC,
- ROLLER GRILL INTERNATIONAL SAS,
- Rotisol SA,
- The Middleby Corp.,
- The Vollrath Co. LLC,
- Dimark Commercial Pty. Ltd.
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Key Segments
By Type:
- Gas Rotisserie
- Coal Rotisserie
By Applications:
- Restaurants
- Supermarket
- Others
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East & Africa
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About Future Market Insights, Inc.
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