The global combi ovens market to grow with year-on-year value growth of 10.2% in 2022 reaching a value of about US$ 1,996.9 Mn by 2022 end. Combi ovens are available for Convection, steaming, and combination cooking. The combination mode employs both dry heat and steam to maintain precise humidity levels in the food, allowing for more control over moisture levels.
A combi oven can be used to replace both pieces of equipment when preparing food professionally, saving time, space, and money. Between 2022 and 2027, the global economy is projected to grow at a significant 10.7% CAGR.
Due to rising demand from end-use applications, FMI has determined that Western Europe will continue to be a significant market for combi ovens over the forecast period. The region is predicted to experience a CAGR of 8.5% between 2022 and 2027. The global market for machine tools is anticipated to be made up of 1.3% combo ovens.
Combi ovens can be used for a variety of cooking processes, such as baking, roasting, broiling, and steaming. The practice of preparing continental cuisine is growing in popularity. Due to their features and high utility, combi ovens are quickly replacing traditional food service equipment in popularity. High-altitude environments are also seeing an increase in the use of electric combi ovens.
Their demand is anticipated to soar as a result in the upcoming years. A combi oven’s most important feature is its capacity for self-cleaning, which contributes to its popularity.
United States is anticipated to expand at a value CAGR of 12.9% between 2022 and 2027. The United States is anticipated to grow at a fairly stable rate over the projected period due to growing awareness about the use of energy-efficient food service equipment.
To collaborate with regional up-and-coming players, gain access to the North American market, and strengthen their global sales channel distribution, many important businesses are pursuing a mergers and acquisitions strategy. The quick service industry has taken off in the US as a result of the quick-paced lifestyle and rising bakery product consumption.
India is anticipated to expand at a value CAGR of 17.4% between 2022 and 2027. In recent years, the number of retail establishments in India has dramatically increased. Major retailers are enlarging their market presence in developing nations like India and China to benefit from the rising consumer purchasing power in these nations. Emerging market retail markets are disjointed and fragmented. However, as both the macroeconomic environment and living standards have improved.
During the years 2022 to 2027, electrical power units are expected to generate an absolute dollar opportunity of more than US$ 140.5 Mn. Electricity is anticipated to fall into the high share-low CAGR quadrant due to its relatively steady growth and mature market environment.
One of the most popular options for applications at higher altitudes and in coastal areas is electric combi ovens. In such locations, conventional fuels like LPG cannot be transported. Future electricity use will undoubtedly increase beyond what it already is, and there will be an even greater reliance on electrical technology. As a result, the electrical oven will become more prevalent and will grow shortly.
Key Players:
- 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
