Europe 900 Series Cooking Equipment Market Report and Forecast 2024-2032
Several factors are driving the growth of the 900 Series cooking equipment market in Europe. Firstly, there is an increasing emphasis on energy efficiency and sustainability in the culinary industry. The latest models in the 900 Series boast improved energy efficiency, aligning with the growing environmental concerns and regulatory requirements across Europe.
Secondly, the expansion of the foodservice industry in Europe, fuelled by the rising tourism sector and changing consumer dining preferences, has led to increased investments in professional kitchen equipment. The versatility and durability of the 900 Series make it a preferred choice for businesses looking to offer a diverse range of culinary options while ensuring consistent quality.
Furthermore, technological advancements have significantly influenced the Europe 900 series cooking equipment market outlook. The incorporation of smart technology in cooking equipment, offering features such as remote monitoring, programmable cooking cycles, and automated temperature controls, has enhanced the operational efficiency and appeal of the 900 Series.
The market for 900 Series cooking equipment witnesses significant differences across various European regions. Western Europe, with its well-established hospitality sector, holds the largest market share. Countries like Germany, France, and Italy, known for their rich culinary traditions and high standards in foodservice, are major contributors to the Europe 900 series cooking equipment market growth.
Eastern Europe, though currently a smaller market, is displaying rapid growth. This is attributed to the increasing number of restaurants and hotels, driven by the growing tourism industry and economic development in countries like Poland, Hungary, and the Czech Republic.
The market is characterised by the presence of both global players and specialised regional manufacturers. Key companies are continually investing in research and development to enhance product features and expand their product portfolio.
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Market Outlook
According to the report, the Europe 900 series cooking equipment market is projected to grow at a CAGR of 1.9% between 2024 and 2032, reaching a value of USD 64.5 billion by 2032. Aided by the increasing application of cooking equipment in the foodservice sector, the market is expected to grow significantly by 2032.Several factors are driving the growth of the 900 Series cooking equipment market in Europe. Firstly, there is an increasing emphasis on energy efficiency and sustainability in the culinary industry. The latest models in the 900 Series boast improved energy efficiency, aligning with the growing environmental concerns and regulatory requirements across Europe.
Secondly, the expansion of the foodservice industry in Europe, fuelled by the rising tourism sector and changing consumer dining preferences, has led to increased investments in professional kitchen equipment. The versatility and durability of the 900 Series make it a preferred choice for businesses looking to offer a diverse range of culinary options while ensuring consistent quality.
Furthermore, technological advancements have significantly influenced the Europe 900 series cooking equipment market outlook. The incorporation of smart technology in cooking equipment, offering features such as remote monitoring, programmable cooking cycles, and automated temperature controls, has enhanced the operational efficiency and appeal of the 900 Series.
The market for 900 Series cooking equipment witnesses significant differences across various European regions. Western Europe, with its well-established hospitality sector, holds the largest market share. Countries like Germany, France, and Italy, known for their rich culinary traditions and high standards in foodservice, are major contributors to the Europe 900 series cooking equipment market growth.
Eastern Europe, though currently a smaller market, is displaying rapid growth. This is attributed to the increasing number of restaurants and hotels, driven by the growing tourism industry and economic development in countries like Poland, Hungary, and the Czech Republic.
The market is characterised by the presence of both global players and specialised regional manufacturers. Key companies are continually investing in research and development to enhance product features and expand their product portfolio.
Market Segmentation
The market can be divided based on product type, end use, and country.Market Breakup by Product Type
- Ambient Worktops
- Base Unit Ovens
- Boiling Kettles
- Bratt Pans
- Fryers
- Griddles
- Hobs
- Pasta Cookers
- Others
Market Breakup by End Use
- Full-Service Restaurants
- Institutional Canteens
- Hotels & Resorts
- Quick-Service Restaurants
- Others
Market Breakup by Country
- UK
- Germany
- Italy
- France
- Others
Competitive Landscape
The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the Europe 900 series cooking equipment market. Some of the major players explored in the report are as follows:- Electrolux AB
- Ali Holding Srl
- ATA Srl
- CAPIC SAS
- Charvet Premier Ranges Ltd.
- Fagor Industrial S. Coop
- Others
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Table of Contents
1 Preface2 Report Coverage - Key Segmentation and Scope4 Key Assumptions7 Opportunities and Challenges in the Market11 Value Chain Analysis13 Key Trends and Developments in the Market
3 Report Description
5 Executive Summary
6 Snapshot
8 Europe 900 Series Cooking Equipment Market Analysis
9 Regional Analysis
10 Market Dynamics
12 Competitive Landscape
List of Key Figures and Tables
Companies Mentioned
- Electrolux AB
- Ali Holding Srl
- ATA Srl
- CAPIC SAS
- Charvet Premier Ranges Ltd.
- Fagor Industrial S. Coop
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 157 |
| Published | February 2024 |
| Forecast Period | 2024 - 2032 |
| Estimated Market Value ( USD | $ 55.5 Billion |
| Forecasted Market Value ( USD | $ 64.5 Billion |
| Compound Annual Growth Rate | 1.9% |
| Regions Covered | Europe |
| No. of Companies Mentioned | 6 |
