Pasta cooker is a device which is used to quickly cook or reheat leftovers, pasta, and other foods. Pasta cookers allow user ability to prepare these meals without heating up their whole kitchen spaces. In pasta cooker, pasta cooked more rapidly than they would at home on an ordinary stovetop or microwave oven.
Commercial cooking equipment provides ease of food preparation in addition to food safety in commercial kitchens. Commercial cooking equipment majorly consist of pasta cooker, kettles, cook chill system, oven, and fryers, which are used to cook food products for commercial purposes. These equipment are widely adopted in caterings, full-service restaurants, quick service restaurants, for preparation and storage of various cuisines. Rise in business-related travel and increase in number of food joints such as hotels & restaurants are the major factors that fuel the growth of the food service industry, which, in turn, drives the demand for pasta cooker.
Innovations in commercial cooking equipment boost the adoption of pasta cooker worldwide. Moreover, shift toward modular kitchens with advanced features propels the demand for pasta cooker equipment. However, the negative impact of COVID-19 on the food service industry has hampered the sales of pasta cooker market. On the contrary, surge in demand for energy-efficient & cost-effective products, rise in trend of cloud kitchen, and increase in demand for bespoke units are expected to offer remunerative opportunities for the growth of the pasta cooker market during the forecast period.
The food service industry is focusing towards equipment embedded with automated technology. Thus, pasta cooker equipment manufacturers are launching IoT (Internet of Things) infused new equipment and are incorporating new features to remain competitive in the market. With novel innovations in the field of connected equipment, engaged stakeholders in the commercial cooking equipment industry are likely to untap new opportunities arising in the connected pasta cooker market.
The global pasta cooker market is categorized into product type, end use, distribution channel and region. By product type, it is classified into electric pasta cooker and gas pasta cooker. On the basis of end use, it is fragmented into full-service restaurants, quick service restaurants, and catering. Based on the distribution channel, the market is segmented into online and offline. Region wise, the market is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, Spain, Belgium, Netherland, Russia, and rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea, Thailand, Indonesia, and rest of Asia-Pacific), and LAMEA (Brazil, Argentina, UAE, South Africa, Saudi Arabia, Chile, and Rest of LAMEA).
The key players profiled in this report include Panasonic Corporation, Koninklijke Phillips, The Middleby Corporation, Nemco Food Equipment Ltd, Electrolux, Mvp Group International Inc, Ali Group Company, Town Food Service Equipment Co, Imperial Commercial Cooking Equipment, Keating of Chicago, Globe Food Equipment Co, and WMF Group.
KEY BENEFITS FOR STAKEHOLDERS
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the pasta cookers market analysis from 2021 to 2031 to identify the prevailing pasta cookers market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the pasta cookers market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global pasta cookers market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By End User
- Caterings
- Full Service Restaurants
- Quick Service Restaurants
By Product Type
- Electric Pasta Cooker
- Gas Pasta Cooker
By Distribution Channel
- Online
- Offline
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Belgium
- Russia
- Netherlands
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Thailand
- Indonesia
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- Chile
- Turkey
- South Africa
- Rest of LAMEA
Key Market Players
- Ali Group Company
- Electrolux
- Globe Food Equipment Co
- Imperial Commercial Cooking Equipment
- Keating of Chicago
- Koninklijke phillips
- Mvp Group International Inc
- Nemco Food Equipment Ltd
- Panasonic Corporation
- The Middleby Corporation
- Town Food Service Equipment Co.
- WMF Group
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Table of Contents
Executive Summary
According to the report, titled, “Pasta Cookers Market," the Pasta Cookers Market Size was valued at $710.00 million in 2021, and is estimated to reach $1.24 billion by 2031, growing at a CAGR of 5.8% from 2022 to 2031.Commercial cooking equipment provides the ease of food preparation in addition to food safety in the commercial kitchens. Products such as pasta cooker, cooking ranges, fryers, braising pans, and ovens are offered by prime companies, ensuring premium quality and low maintenance cost. Moreover, these equipment are necessary for providing food & beverage services by commercial kitchens, including restaurants, caterings, and quick service restaurants.
Pasta cooker is the device used to cook quick or reheat pasta and other foods. The development of the food service industry is anticipated to drive the growth of the pasta cooker market. Moreover, increase in business-related travel, surge in urban population, and rise in number of food joints such as hotels and quick service restaurants fuel the growth of the food service industry, thereby driving the growth of the market. Furthermore, change in food habits and busy lifestyle of consumers have led to increase in demand for ready-to-eat meals. In addition, surge in disposable income, increase in working women population, and rapid digitization have resulted in rise in number of quick service restaurants, which notably contributed toward the growth of the overall Pasta Cookers Market.
The outbreak of COVID-19 has severely hampered the pasta cooker market growth. This is attributed to the fact that the commercial cooking equipment industry is majorly dependent on the food service sector for its revenue generation. The recent declaration regarding the shutdown of the hospitality industry, including full-service restaurants, caterings, and quick service restaurants has drastically hampered the sale of Pasta Cookers Market.
Moreover, changes in trends of food consumption and surge in need to reduce food wastage have led to the development of innovative kitchen equipment. These Pasta Cookers Market Trends are anticipated to drive the growth of the Pasta Cookers Market during the forecast period.
In addition, new equipment featuring brighter colors sleek designs, and touch screens are in trend in the food service industry. Pasta Cookers Market Demand in commercial cooking equipment is multi-functional equipment. Owing to space constraints, many restaurateurs tend to utilize equipment that could provide multiple functions and save kitchen space.
According to the Pasta Cookers Market Analysis, the key market segment is categorized into product type, end use, distribution channel and region. By product type, it is classified into electric pasta cooker and gas pasta cooker. On the basis of end use, it is fragmented into full-service restaurants, quick service restaurants, and catering. Based on the distribution channel, the market is segmented into online and offline. Region wise, the market is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, Spain, Belgium, Netherland, Russia, and rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea, Thailand, Indonesia, and rest of Asia-Pacific), and LAMEA (Brazil, Argentina, UAE, South Africa, Saudi Arabia, Chile, and Rest of LAMEA).
Based on the product type, electric gas cooker held the Pasta Cookers Market Share in the market in 2021. It saves the time by the features like fast recovery time and preheat and making for quicker turnover. The gas pasta cooker witnessing a major Pasta Cookers Market Growth during the forecast period.
Based on the end user, the quick service restaurants segment accounted for the highest commercial market share in the global pasta cooker market. Moreover, the caterings segment is also anticipated to grow at the highest CAGR of 6.3%.
Based on the distribution channel, the offline segment dominated the market in 2021, accounting for 83.4% of the share, and is expected to retain its dominance throughout the Pasta Cookers Market Forecastperiod. This is attributed to the fact that consumers are preferring products from various offline sales channels such as hypermarket/supermarket, specialty stores, and convenience stores, among others.
Region wise, The North America region dominates the use of pasta cooker. This is attributable to the increase in number of food joints such as hotels & restaurant which has fueled the demand for commercial cooking equipment in the region. However, Asia-Pacific is anticipated to grow at the highest CAGR during the forecast period.
The key players profiled in Pasta Cookers Industry report include Panasonic Corporation, Koninklijke Phillips, The Middleby Corporation, Nemco Food Equipment Ltd, Electrolux, Mvp Group International Inc, Ali Group Company, Town Food Service Equipment Co, Imperial Commercial Cooking Equipment, Keating of Chicago, Globe Food Equipment Co, and WMF Group.
Key Findings of the Study
- On the basis of ingredient, the electric pasta cooker segment is expected to be the fastest growing segment during the forecast period.
- On the basis of type, the full-service restaurants segment was the dominating segment in 2021.
- On the basis of distribution channel, the online sales channel segment is expected to be the fastest growing segment during the forecast period, with the CAGR of 6.8%.
- On the basis of region, LAMEA is expected to be the fastest growing segment during the forecast period with the CAGR of 7.0%.
Companies Mentioned
- Ali Group Company
- Electrolux
- Globe Food Equipment Co
- Imperial Commercial Cooking Equipment
- Keating of Chicago
- Koninklijke Phillips
- Mvp Group International Inc
- Nemco Food Equipment Ltd
- Panasonic Corporation
- The Middleby Corporation
- Town Food Service Equipment Co.
- Wmf Group
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 324 |
Published | August 2022 |
Forecast Period | 2021 - 2031 |
Estimated Market Value ( USD | $ 710 million |
Forecasted Market Value ( USD | $ 1244.9 million |
Compound Annual Growth Rate | 5.8% |
Regions Covered | Global |
No. of Companies Mentioned | 12 |