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Europe 900 Series Cooking Equipment Market by Product Type (Ambient Worktops, Base Unit Ovens, Boiling Kettles, Bratt Pans, Fryers, Griddles, Hobs, Pasta Cookers, and Others) and End User (Full-Service Restaurants, Institutional Canteen, Hotel & Resorts, Quick Service Restaurants, and Others): Regional Opportunity Analysis and Industry Forecast, 2018-2025

CO_195309
Pages: 145
Jun 2019 | 430 Views
 
Author(s) : Kiran Sable , Shankar Bhandalkar
Tables: 56
Charts: 30
 

Europe 900 Series Cooking Equipment Market Outlook - 2025

Europe 900 series cooking equipment market size was $51.34 million in 2017, and is projected to reach $59.15 million by 2025, registering a CAGR of 1.7% from 2018 to 2025. The 900 series cooking equipment are used in commercial kitchens of full-service restaurants, luxury hotels & restaurants, and institutional caterers for cooking food. These equipment are the basic requirements for any big commercial involved into cooking and catering business. These equipment are also widely used in hotels, full service restaurants, commercial institutes, popular QSRs, and budgetary hotels. These equipment reduce labor cost, improve food safety, and minimize operational cost.

With changes in lifestyle and more influence toward outside food, restaurants are gaining increased popularity among consumers. Moreover, rise in popularity of creative cooking and baking among consumers results in variety of dine out options for consumers. Thus, restaurants invest in different types of cooking equipment, to offer best services to customer, which further fuel the growth of Europe 900 series cooking equipment market. Increase in trend for bigger, open kitchen spaces has been witnessed in the fast food chains to show consumers how the food is prepared, thus showing off the fancy equipment being used by them. Furthermore, increase in investments in cooking equipment and replacements are expected to boost Europe 900 series cooking equipment market growth. However, high installation cost and integration capabilities required for the initial setup are anticipated to hamper growth of Europe 900 series cooking equipment market. Favorable government regulations and increase in demand for energy-efficient equipment are further anticipated to open new avenues for the manufacturers, thereby driving the market growth.

Europe 900 series cooking equipment market

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Europe 900 series cooking equipment market is segmented based on product type, end use, and country. Based on product type, the market is divided into ambient worktops, base unit ovens, boiling kettles, bratt pans, fryers, griddles, hobs, pasta cookers, and others. Based on end use, the market is categorized into full-service restaurants, institutional canteen, hotel & resorts, quick service restaurants and others. Country wise, the Europe 900 series cooking equipment market is analyzed across Spain, Italy, Benelux, UK, Germany, France, and rest of Europe.

Europe 900 series cooking equipment market By Type

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In 2017, the base unit oven segment accounted for the highest Europe 900 series cooking equipment market share growing at a CAGR of 2.5% from 2018 to 2025. Commercial ovens include convection ovens, commercial microwave ovens, combi ovens, pizza, and bakery ovens. These ovens are used for roasting, baking, and heating food & bakery items. Convection microwave ovens are equipped with heating element and a fan, hence are used for both cooking and baking purposes. The 900 series base unit ovens are majorly adopted by large FFCs such as McDonald’s, Domino's, and KFC to cater to large consumer base efficiently and thus gain momentum during the forecast period. In addition, 900 series pasta cookers and bratt pans are the two potential markets, expected to witness higher growth rates during Europe 900 series cooking equipment market forecast period.

Europe 900 series cooking equipment Market By End User

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Based on end user, full-service restaurants accounted for the highest share of Europe 900 series cooking equipment market in 2017 and is expected to grow at the considerable CAGR of 1.2%. Improvement in economic scenario after recession and rise in standard of living have increased the number of people dinning out in luxurious hotels in Europe. These full-service restaurants offer a wide variety of food & beverages along with other facilities such as accommodation and luxury amenities. Luxury dining is also popular among high-income tourists and affluent customers. Ongoing trends of luxury dining and tourism are expected to drive the growth of Europe 900 series cooking equipment market for full-service restaurants. However, quick service restaurants segment is projected to positively impact the 900 series cooking equipment market during the forecast period. This is majorly due to the rise in trend of international QSR outlets and the opening of new QSR brands.

Europe 900 series cooking equipment Market By Country

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Based on country, UK accounted for the highest market share in 2017 and is anticipated to grow at a CAGR of 2.3%. UK and Germany, together accounted for about 41.6% of Europe 900 series cooking equipment market in 2017, with the former constituting around 22.3%. From a growth perspective, UK and Germany are the two potential markets, expected to witness higher growth rates during the forecast period. Installation of 900 series cooking equipment in commercial kitchens improve work quality, increase efficiency, and reduce costs. Easy affordability and increase in application areas for 900 series cooking equipment across various verticals drive the market growth in these countries.

The leading players in Europe 900 series cooking equipment industry focus on providing customized solution to consumers as their key strategies to gain a significant market share. Strategies such as product launch and acquisition have also helped the key players to gain a significant share in the market. The key players of Europe 900 series cooking equipment market profiled in the report include Charvet, Rosinox, Capic, Ali Group, AB Electrolux, ATA Srl, Fagor Industrial, Illinois Tool Works Inc., MKN, Modular Professional Srl, and The Middleby Corporation.

Key Benefits for Europe 900 Series Cooking Equipment Market:

  • This report provides a quantitative analysis of Europe 900 series cooking equipment market trends, estimations, and dynamics of market from 2018 to 2025 to identify the prevailing market opportunities.
  • The key countries in the Europe region are mapped based on their market share.
  • Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network.
  • In-depth Europe 900 series cooking equipment market analysis assists in determining the prevailing market opportunities.
  • Major countries are mapped according to their revenue contribution to the industry. Market player positioning segment facilitates benchmarking and provides a clear understanding of the present position of market players. 
  • Key market players and their strategies are analyzed to understand the competitive outlook of the market.

Europe 900 Series Cooking Equipment Market Segmentation:

By Product Type

  • Ambient Worktops
  • Base Unit Ovens
  • Boiling Kettles
  • Bratt Pans
  • Fryers 
  • Griddles
  • Hobs
  • Pasta Cookers
  • Others

By End User

  • Full-Service Restaurants
  • Institutional Canteen
  • Hotel & Resorts
  • Quick Service Restaurants
  • Others

By Country

  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Rest of Europe
 

CHAPTER 1:    INTRODUCTION

1.1.    Report description
1.2.    Key market segments
1.3.    Research methodology

1.3.1.    Primary research
1.3.2.    Secondary research
1.3.3.    Analyst tools and models

CHAPTER 2:    EXECUTIVE SUMMARY

2.1.    Key finding of the study
2.2.    CXO perspective

CHAPTER 3:    MARKET OVERVIEW

3.1.    Market definition and scope
3.2.    Key findings

3.2.1.    Top investment pocket
3.2.2.    Top winning strategies

3.3.    Porter's five forces analysis

3.3.1.    Bargaining power of suppliers
3.3.2.    Bargaining power of buyers
3.3.3.    Thereat of new entrants
3.3.4.    Threat of substitutes
3.3.5.    Intensity of competitive rivalry

3.4.    Top player positioning
3.5.    Market dynamics

3.5.1.    Drivers

3.5.1.1.    Changes in lifestyle and eating habits
3.5.1.2.    Rapid growth of the hospitality industry
3.5.1.3.    Rise in adoption among quick-service restaurants

3.5.2.    Restraints

3.5.2.1.    Volatile raw material prices
3.5.2.2.    High capital requirement

3.5.3.    Opportunities

3.5.3.1.    Regulatory benefits
3.5.3.2.    Surge in demand for energy-efficient and certified products

CHAPTER 4:    900 SERIES COOKING EQUIPMENT MARKET, BY PRODUCT TYPE

4.1.    Overview

4.1.1.    Market size and forecast

4.2.    Ambient Worktops

4.2.1.    Key market trends, growth factors, and opportunities
4.2.2.    Market size and forecast by country

4.3.    Base unit ovens

4.3.1.    Key market trends, growth factors, and opportunities
4.3.2.    Market size and forecast by country

4.4.    Boiling kettles

4.4.1.    Key market trends, growth factors, and opportunities
4.4.2.    Market size and forecast by country

4.5.    Bratt pans

4.5.1.    Key market trends, growth factors, and opportunities
4.5.2.    Market size and forecast by country

4.6.    Fryers

4.6.1.    Key market trends, growth factors, and opportunities
4.6.2.    Market size and forecast by country

4.7.    Griddles

4.7.1.    Key market trends, growth factors, and opportunities
4.7.2.    Market size and forecast by country

4.8.    Hobs

4.8.1.    Key market trends, growth factors, and opportunities
4.8.2.    Market size and forecast by country

4.9.    Pasta cookers

4.9.1.    Key market trends, growth factors, and opportunities
4.9.2.    Market size and forecast by country

4.10.    Others

4.10.1.    Key market trends, growth factors, and opportunities
4.10.2.    Market size and forecast by country

CHAPTER 5:    900 SERIES COOKING EQUIPMENT MARKET, BY END USER

5.1.    Overview

5.1.1.    Market size and forecast

5.2.    Full-service restaurants

5.2.1.    Key market trends, growth factors, and opportunities
5.2.2.    Market size and forecast by country

5.3.    Institutional canteens

5.3.1.    Key market trends, growth factors, and opportunities
5.3.2.    Market size and forecast by country

5.4.    Hotels & Resorts

5.4.1.    Key market trends, growth factors, and opportunities
5.4.2.    Market size and forecast by country

5.5.    Quick-service restaurants

5.5.1.    Key market trends, growth factors, and opportunities
5.5.2.    Market size and forecast by country

5.6.    Others

5.6.1.    Key market trends, growth factors, and opportunities
5.6.2.    Market size and forecast by country

CHAPTER 6:    900 SERIES COOKING EQUIPMENT MARKET, BY COUNTRY

6.1.    Overview

6.1.1.    Market size and forecast

6.2.    Spain

6.2.1.    Market size and forecast, by product type
6.2.2.    Market size and forecast, by end user

6.3.    Italy

6.3.1.    Market size and forecast, by product type
6.3.2.    Market size and forecast, by end user

6.4.    Benelux

6.4.1.    Market size and forecast, by product type
6.4.2.    Market size and forecast, by end user

6.5.    UK

6.5.1.    Market size and forecast, by product type
6.5.2.    Market size and forecast, by end user

6.6.    Germany

6.6.1.    Market size and forecast, by product type
6.6.2.    Market size and forecast, by end user

6.7.    France

6.7.1.    Market size and forecast, by product type
6.7.2.    Market size and forecast, by end user

6.8.    Rest of Europe

6.8.1.    Market size and forecast, by product type
6.8.2.    Market size and forecast, by end user

CHAPTER 7:    COMPANY PROFILES

7.1.    AB Electrolux

7.1.1.    Company overview
7.1.2.    Company snapshot
7.1.3.    Operating business segments
7.1.4.    Product portfolio
7.1.5.    Business performance
7.1.6.    Key strategic moves and developments

7.2.    Ali Group Srl

7.2.1.    Company overview
7.2.2.    Company snapshot
7.2.3.    Operating business segments
7.2.4.    Product portfolio
7.2.5.    Key strategic moves and developments

7.3.    ATA Srl

7.3.1.    Company overview
7.3.2.    Company snapshot
7.3.3.    Product portfolio

7.4.    CAPIC SAS

7.4.1.    Company overview
7.4.2.    Company snapshot
7.4.3.    Operating business segments
7.4.4.    Product portfolio

7.5.    Charvet Premier Ranges Ltd.

7.5.1.    Company overview
7.5.2.    Company snapshot
7.5.3.    Product portfolio

7.6.    Fagor Industrial

7.6.1.    Company overview
7.6.2.    Company snapshot
7.6.3.    Product portfolio
7.6.4.    Key strategic moves and developments

7.7.    Illinois Tool Works Inc. (ITW) (HOBART UK)

7.7.1.    Company overview
7.7.2.    Company snapshot
7.7.3.    Operating business segments
7.7.4.    Product portfolio
7.7.5.    Business performance
7.7.6.    Key strategic moves and developments

7.8.    MKN Maschinenfabrik Kurt Neubauer GmbH & Co. KG (MKN)

7.8.1.    Company overview
7.8.2.    Company snapshot
7.8.3.    Product portfolio

7.9.    Modular Professional s.r.l.

7.9.1.    Company overview
7.9.2.    Company snapshot
7.9.3.    Product portfolio
7.10.    The Middleby Corporation
7.10.1.    Company overview
7.10.2.    Company snapshot
7.10.3.    Operating business segments
7.10.4.    Product portfolio
7.10.5.    Business performance
7.10.6.    Key strategic moves and developments

LIST OF TABLES

TABLE 01.    900 SERIES COOKING EQUIPMENT MARKET, BY PRODUCT TYPE, 2017–2025 ($MILLION)
TABLE 02.    900 SERIES AMBIENT WORKTOPS MARKET, BY COUNTRY, 2017–2025 ($MILLION)
TABLE 03.    900 SERIES BASE UNIT OVENS MARKET, BY COUNTRY, 2017–2025 ($MILLION)
TABLE 04.    900 SERIES BOILING KETTLES MARKET, BY COUNTRY, 2017–2025 ($MILLION)
TABLE 05.    900 SERIES BRATT PANS MARKET, BY COUNTRY, 2017–2025 ($MILLION)
TABLE 06.    900 SERIES FRYERS MARKET, BY COUNTRY, 2017–2025 ($MILLION)
TABLE 07.    900 SERIES GRIDDLES MARKET, BY COUNTRY, 2017–2025 ($MILLION)
TABLE 08.    900 SERIES HOBS MARKET, BY COUNTRY, 2017–2025 ($MILLION)
TABLE 09.    900 SERIES PASTA COOKERS MARKET, BY COUNTRY, 2017–2025 ($MILLION)
TABLE 10.    900 SERIES OTHER EQUIPMENT MARKET, BY COUNTRY, 2017–2025 ($MILLION)
TABLE 11.    900 SERIES COOKING EQUIPMENT MARKET, BY END USER, 2017–2025 ($MILLION)
TABLE 12.    900 SERIES COOKING EQUIPMENT MARKET IN FULL-SERVICE RESTAURANTS, BY COUNTRY, 2017–2025 ($MILLION)
TABLE 13.    900 SERIES COOKING EQUIPMENT MARKET IN INSTITUTIONAL CANTEENS, BY COUNTRY, 2017–2025 ($MILLION)
TABLE 14.    900 SERIES COOKING EQUIPMENT MARKET IN HOTELS AND RESORTS, BY COUNTRY, 2017–2025 ($MILLION)
TABLE 15.    900 SERIES COOKING EQUIPMENT MARKET IN QUICK-SERVICE RESTAURANTS, BY COUNTRY, 2017–2025 ($MILLION)
TABLE 16.    900 SERIES COOKING EQUIPMENT MARKET IN OTHERS , BY COUNTRY, 2017–2025 ($MILLION)
TABLE 17.    900 SERIES COOKING EQUIPMENT MARKET, BY COUNTRY, 2017–2025 ($MILLION)
TABLE 18.    SPAIN 900 SERIES COOKING EQUIPMENT MARKET, BY PRODUCT TYPE, 2017–2025 ($MILLION)
TABLE 19.    SPAIN 900 SERIES COOKING EQUIPMENT MARKET, BY END USER, 2017–2025 ($MILLION)
TABLE 20.    ITALY 900 SERIES COOKING EQUIPMENT MARKET, BY PRODUCT TYPE, 2017–2025 ($MILLION)
TABLE 21.    ITALY 900 SERIES COOKING EQUIPMENT MARKET, BY END USER, 2017–2025 ($MILLION)
TABLE 22.    BENELUX 900 SERIES COOKING EQUIPMENT MARKET, BY PRODUCT TYPE, 2017–2025 ($MILLION)
TABLE 23.    BENELUX 900 SERIES COOKING EQUIPMENT MARKET, BY END USER, 2017–2025 ($MILLION)
TABLE 24.    UK 900 SERIES COOKING EQUIPMENT MARKET, BY PRODUCT TYPE, 2017–2025 ($MILLION)
TABLE 25.    UK 900 SERIES COOKING EQUIPMENT MARKET, BY END USER, 2017–2025 ($MILLION)
TABLE 26.    GERMANY 900 SERIES COOKING EQUIPMENT MARKET, BY PRODUCT TYPE, 2017–2025 ($MILLION)
TABLE 27.    GERMANY 900 SERIES COOKING EQUIPMENT MARKET, BY END USER, 2017–2025 ($MILLION)
TABLE 28.    FRANCE 900 SERIES COOKING EQUIPMENT MARKET, BY PRODUCT TYPE, 2017–2025 ($MILLION)
TABLE 29.    FRANCE 900 SERIES COOKING EQUIPMENT MARKET, BY END USER, 2017–2025 ($MILLION)
TABLE 30.    REST OF EUROPE 900 SERIES COOKING EQUIPMENT MARKET, BY PRODUCT TYPE, 2017–2025 ($MILLION)
TABLE 31.    REST OF EUROPE 900 SERIES COOKING EQUIPMENT MARKET, BY END USER, 2017–2025 ($MILLION)
TABLE 32.    AB ELECTROLUX: COMPANY SNAPSHOT
TABLE 33.    AB ELECTROLUX: OPERATING SEGMENTS
TABLE 34.    AB ELECTROLUX: PRODUCT PORTFOLIO
TABLE 35.    ALI GROUP SRL: COMPANY SNAPSHOT
TABLE 36.    ALI GROUP SRL: OPERATING SEGMENTS
TABLE 37.    ALI GROUP SRL: PRODUCT PORTFOLIO
TABLE 38.    ATA SRL: COMPANY SNAPSHOT
TABLE 39.    ATA SRL: PRODUCT PORTFOLIO
TABLE 40.    CAPIC SAS: COMPANY SNAPSHOT
TABLE 41.    CAPIC SAS: OPERATING SEGMENTS
TABLE 42.    CAPIC SAS: PRODUCT PORTFOLIO
TABLE 43.    CHARVET PREMIER RANGES LTD.: COMPANY SNAPSHOT
TABLE 44.    CHARVET PREMIER RANGES LTD.: PRODUCT PORTFOLIO
TABLE 45.    FAGOR INDUSTRIAL: COMPANY SNAPSHOT
TABLE 46.    FAGOR INDUSTRIAL: PRODUCT PORTFOLIO
TABLE 47.    ITW: COMPANY SNAPSHOT
TABLE 48.    ITW: OPERATING SEGMENTS
TABLE 49.    ITW: PRODUCT PORTFOLIO
TABLE 50.    MKN: COMPANY SNAPSHOT
TABLE 51.    MKN: PRODUCT PORTFOLIO
TABLE 52.    MODULAR PROFESSIONAL S.R.L.: COMPANY SNAPSHOT
TABLE 53.    MODULAR PROFESSIONAL S.R.L.: PRODUCT PORTFOLIO
TABLE 54.    THE MIDDLEBY CORPORATION: COMPANY SNAPSHOT
TABLE 55.    THE MIDDLEBY CORPORATION: OPERATING SEGMENTS
TABLE 56.    THE MIDDLEBY CORPORATION: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01.    KEY MARKET SEGMENTS
FIGURE 02.    TOP INVESTMENT POCKET, BY END USER, 2017
FIGURE 03.    TOP WINNING STRATEGIES, BY YEAR, 2016–2019*
FIGURE 04.    TOP WINNING STRATEGIES, BY DEVELOPMENT, 2016–2019* (%)
FIGURE 05.    TOP WINNING STRATEGIES, BY COMPANY, 2016–2019*
FIGURE 06.    LOW BARGAINING POWER OF SUPPLIERS
FIGURE 07.    MODERATE BARGAINING POWER OF BUYERS
FIGURE 08.    MODERATE THEREAT OF NEW ENTRANTS
FIGURE 09.    LOW THREAT OF SUBSTITUTES
FIGURE 10.    HIGH INTENSITY OF COMPETITIVE RIVALRY
FIGURE 11.    TOP PLAYER POSITIONING, 2017
FIGURE 12.    900 SERIES COOKING EQUIPMENT MARKET SHARE, BY PRODUCT TYPE, 2017(%)
FIGURE 13.    900 SERIES COOKING EQUIPMENT MARKET SHARE, BY END USER, 2017(%)
FIGURE 14.    900 SERIES COOKING EQUIPMENT MARKET SHARE, BY COUNTRY, 2017 (%)
FIGURE 15.    SPAIN 900 SERIES COOKING EQUIPMENT MARKET, 2017–2025 ($MILLION)
FIGURE 16.    ITALY 900 SERIES COOKING EQUIPMENT MARKET, 2017–2025 ($MILLION)
FIGURE 17.    BENELUX 900 SERIES COOKING EQUIPMENT MARKET, 2017–2025 ($MILLION)
FIGURE 18.    UK 900 SERIES COOKING EQUIPMENT MARKET, 2017–2025 ($MILLION)
FIGURE 19.    GERMANY 900 SERIES COOKING EQUIPMENT MARKET, 2017–2025 ($MILLION)
FIGURE 20.    FRANCE 900 SERIES COOKING EQUIPMENT MARKET, 2017–2025 ($MILLION)
FIGURE 21.    REST OF EUROPE 900 SERIES COOKING EQUIPMENT MARKET, 2017–2025 ($MILLION)
FIGURE 22.    AB ELECTROLUX: NET SALES, 2016–2018 ($MILLION)
FIGURE 23.    AB ELECTROLUX: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 24.    AB ELECTROLUX: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 25.    ITW: NET SALES, 2016–2018 ($MILLION)
FIGURE 26.    ITW: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 27.    ITW: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 28.    THE MIDDLEBY CORPORATION: NET SALES, 2016–2018 ($MILLION)
FIGURE 29.    THE MIDDLEBY CORPORATION: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 30.    THE MIDDLEBY CORPORATION: REVENUE SHARE BY REGION, 2018 (%)

 
 

Based on the interviews of various top-level CXOs of the leading companies, Europe 900 series cooking equipment market is dependent on the development of the hospitality industry and increase in investment in hotels, restaurants, and full-service restaurants.

Presently, the demand for processed fast food has reduced, due to increase in demand for readymade food, healthy menus, change in lifestyle, and increase in disposable income. Thus, these factors have led to the adoption of automated food service solutions, replacing the traditional cooking equipment in big kitchens. As per the CXOs, continuous developments in food industry and the introduction of advanced and energy-efficient solutions to the hotel and restaurant industry are responsible for driving the 900 series cooking equipment market growth in Europe.

Consumer preference has shifted from for high-end luxurious hotels to budgetary and quick-service restaurants, owing to increase in demand for value-for-money food products. This has led to higher adoption of 900 series cooking equipment mainly cooking equipment in popular QSRs such as McDonald’s, Domino's, and KFC. Moreover, changes in trends of food consumption and rise in need to reduce food wastage have created new opportunities for 900 series cooking equipment manufacturers impacting 900 series cooking equipment market directly. Favorable government regulations and increase in demand for energy-efficient equipment are further anticipated to open new avenues for the manufacturers, thereby driving the market growth. However, as per the CXOs, high installation cost and integration capabilities required for the initial setup are anticipated to hamper the market growth.

 

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