NEWARK, Del, July 27, 2023 (GLOBE NEWSWIRE) -- The global Combi Ovens Market size is likely to be valued at US$ 2.1 Billion in 2023. The increasing demand for energy efficient cooking equipment’s is driving market growth. The market is estimated to garner US$ 5.8 Billion in 2033, recording a CAGR of 10.7% from 2023 to 2033
The market for Combi Ovens is primarily driven by the restaurant industry's unquenchable need for faster, more effective cooking methods. Combi Ovens are quickly replacing traditional foodservice equipment in popularity due to their advantages and great usefulness. High-altitude settings are also seeing an increase in the use of electric Combi Ovens.
Key reasons for this change in growth rate are due to features such as the majority of combination ovens including self-cleaning options, which makes them ideal in the time-constrained world of today.
The versatility of Combi Ovens allows chefs to experiment with various cooking techniques and adapt to global cuisines. Combi Ovens cater to diverse culinary needs and menu offerings from baking bread to steaming vegetables to roasting meat, making them essential tools in modern commercial kitchens.
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With an increasing focus on health and nutrition, there is a growing demand for cooking methods that retain the nutritional content of food. Combi Ovens, with their ability to preserve vitamins and minerals through steam cooking, align with the health-conscious preferences of consumers and foodservice operators.
Advancements in combi oven technology have led to the introduction of smart features and user-friendly interfaces. Touch-screen controls, programmable cooking profiles, and wireless connectivity enable easier operation and management of Combi Ovens, making them more appealing to chefs and kitchen staff.
North America is a prominent market for Combi Ovens, driven by the thriving foodservice industry and the increasing demand for efficient and versatile cooking equipment. The United States and Canada are major contributors to the regional market, with a large number of restaurants, hotels, and commercial kitchens adopting Combi Ovens to streamline their cooking processes.
The Asia Pacific region is experiencing significant growth in the combi oven market, fueled by the rising number of foodservice establishments, increasing disposable income, and a growing focus on culinary excellence. The region's diverse cuisines and growing food tourism industry also contribute to the adoption of Combi Ovens for versatile cooking requirements.
Key Takeaways from the Combi Ovens Market Research Study:
- From 2018 to 2022, the Combi Ovens Market demand expanded at a CAGR of 6.7%
- Based on power unit, the electric segment is expected to account for a CAGR of 10.6% during the forecast period.
- Based on the end-use, the hotels & restaurants segment dominates the market with a CAGR of 10.5% during the forecast period.
- North America to emerge as a promising Combi Ovens Market, capturing a CAGR of 10.5%
- The Combi Ovens industry in the United Kingdom is predicted to reach US$ 1.9Billion by 2033
- South Asia and the Pacific to be an opportunistic Combi Ovens Market, expected to capture a CAGR of 10.2% during the forecast period.
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Competitive Landscape and Top Companies Market Share:
The global Combi Ovens Market is fragmented, with the presence of several large and medium-scale players. The leading players in the Combi Ovens Market are investing in strategic agreements in order to capture market share
- Alto-Shaam's Combi Ovens are designed to provide chefs and foodservice operators with precise control over cooking processes, offering a combination of convection, steam, and combi cooking methods. These ovens are versatile and suitable for various culinary applications, allowing for baking, roasting, grilling, steaming, and more, all within a single unit.
- Fujimak Combi Ovens are equipped with advanced cooking technology, including precise temperature control and humidity management. This allows for consistent and uniform cooking results, ensuring the quality of food prepared in the ovens.
- Alto-Shaam Inc.
- Electrolux AB
- Fujimak Corporation
- Giorik SpA
- The Middleby Corporation
- MKN
- Rational AG
- Retigo S.R.O
- Welbilt Inc.
- Dover Corporation
- UBERT GASTROTECHNIK GMBH
- Marmon Holdings, Inc
- UNOX S.p.A.
- Ali S.p.A
- CNA Group
Know More about What the Combi Ovens Market Report Covers:
Future Market Insights offers an unbiased global Combi Ovens Market analysis, providing historical data for 2018 to 2022 and forecast statistics from 2023 to 2033.
To understand opportunities in the Combi Ovens Market, the market is segmented based on product type, power unit, capacity, and end-use across six major regions.
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Combi Ovens Market Segmentation:
By Product Type
- Steam Generated
- Boilerless
By Power Unit
- Gas
- Electric
By Capacity
- Low
- Medium
- Heavy
By End-use
- Hotels & Restaurants
- Bakery Stores
- Retail Outlets
- Domestic & Institutional
- Commercial Kitchens
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- South Asia and Pacific
- East Asia
- Middle East & Africa
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