The global market for Commercial Griddle was estimated at US$1.4 Billion in 2023, and is projected to reach US$1.9 Billion by 2030, growing at a CAGR of 4.1% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the commercial griddle market is driven by several factors. Technological advancements have significantly enhanced the efficiency and user-friendliness of modern griddles, attracting a broader range of foodservice operators. The rising popularity of fast-casual dining and the proliferation of food trucks and pop-up restaurants have increased the demand for compact and portable griddle models that can be easily transported and set up in various locations. Furthermore, the growing emphasis on energy efficiency and sustainability in commercial kitchens has led to the adoption of griddles designed to consume less energy and produce fewer emissions, contributing to a reduced carbon footprint. Consumer preferences for diverse and customizable food offerings are also driving restaurants to invest in versatile cooking equipment like griddles, which can handle a wide variety of dishes. Additionally, government regulations and incentives promoting energy-efficient appliances are encouraging foodservice establishments to upgrade to more efficient models. These factors collectively support the ongoing growth of the commercial griddle market, which is expected to continue expanding as innovations and the foodservice industry evolve.
The growth in the commercial griddle market is driven by several factors. Technological advancements have significantly enhanced the efficiency and user-friendliness of modern griddles, attracting a broader range of foodservice operators. The rising popularity of fast-casual dining and the proliferation of food trucks and pop-up restaurants have increased the demand for compact and portable griddle models that can be easily transported and set up in various locations. Furthermore, the growing emphasis on energy efficiency and sustainability in commercial kitchens has led to the adoption of griddles designed to consume less energy and produce fewer emissions, contributing to a reduced carbon footprint. Consumer preferences for diverse and customizable food offerings are also driving restaurants to invest in versatile cooking equipment like griddles, which can handle a wide variety of dishes. Additionally, government regulations and incentives promoting energy-efficient appliances are encouraging foodservice establishments to upgrade to more efficient models. These factors collectively support the ongoing growth of the commercial griddle market, which is expected to continue expanding as innovations and the foodservice industry evolve.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Gas Operated Griddle segment, which is expected to reach US$1.3 Billion by 2030 with a CAGR of a 4.7%. The Electrically Operated Griddle segment is also set to grow at 3.0% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $393.8 Million in 2023, and China, forecasted to grow at an impressive 7.8% CAGR to reach $410.3 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Commercial Griddle Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Commercial Griddle Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Commercial Griddle Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Cooking Performance Group, Cuisinart, ELAG Products GmbH, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 46 Featured):
- Cooking Performance Group
- Cuisinart
- ELAG Products GmbH
- Eurodib Inc.
- Fujimak Corporation
- Guangzhou Rebenet Catering Equipment Manufacturing Co., Ltd
- Lincat Ltd.
- NEWGEN Catering Equipment (HK) Ltd.
- Practical Products, Inc.
- Star Manufacturing Company
- VEVOR
- Vulcan Equipment
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Cooking Performance Group
- Cuisinart
- ELAG Products GmbH
- Eurodib Inc.
- Fujimak Corporation
- Guangzhou Rebenet Catering Equipment Manufacturing Co., Ltd
- Lincat Ltd.
- NEWGEN Catering Equipment (HK) Ltd.
- Practical Products, Inc.
- Star Manufacturing Company
- VEVOR
- Vulcan Equipment
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 376 |
| Published | October 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 1.4 Billion |
| Forecasted Market Value ( USD | $ 1.9 Billion |
| Compound Annual Growth Rate | 4.1% |
| Regions Covered | Global |
