Allied Market Research
Loading...
Cart
0

Europe 900 Series Cooking Equipment Market Expected to Reach $59.15 Million by 2025—Allied Market Research

 

Report Code : A04946

quote Change in food habits and busy lifestyle of consumers have led to increase in demand for convenience and ready-to-eat meals. Rapid changes in the supporting factors such as disposable income, consumer preferences, increase in working women population, and digitization have resulted into rise in number of quick-service, pop & shop, and other types of restaurants. All these factors have increased adoption of 900 series cooking equipment among quick-service restaurants which in turn drive the market growth. quote

Shankar Bhandalkar
Sr. Research Analyst, Consumer Goods at Allied Market

Get 20% Free Customization In This Report
Follow us on Social Media:       
 

According to a new report published by Allied Market Research, titled,"Europe 900 Series Cooking Equipment Market by Product Type and End User: Regional Opportunity Analysis and Industry Forecast, 2018-2025,"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. In 2017, the base unit ovens segment accounted for approximately 20.5% share in the 900 series cooking equipment market, and is projected to grow at the highest CAGR of 2.5%.

The 900 series cooking equipment are commercial cooking equipment providing ease in food preparation in addition to food safety in the commercial kitchens. Products such as ambient worktops, base unit ovens, bratt pans, fryers, griddles, and hobs are offered by prime companies, ensuring premium quality and low maintenance cost. Europe 900 series cooking equipment market is segmented based on product type, end user and country.

Development of the hospitality industry is anticipated to drive Europe 900 series cooking equipment market growth. Moreover, rise in business related travel, surge in urban population, and increase in number of food joints such as hotels and restaurants fuel the growth of the hospitality industry, thereby driving the growth of the market. Moreover, changes in trends of food consumption and growth in need to reduce food wastage have led to the development of innovative kitchen equipment. These factors altogether are anticipated to drive market growth during Europe 900 series cooking equipment market forecast period.

Continuous developments in food industry and favorable government regulations to promote the production of eco-friendly and advanced equipment are expected to open new avenues for the cooking equipment manufacturers. However, volatile prices of raw materials and higher installation cost of equipment is anticipated to limit their adoption. A key market trend that is anticipated to gain traction in Europe 900 series cooking equipment market is the growth in demand for certified equipment.

Based on product type, Europe 900 series cooking equipment market is segmented into ambient worktops, base unit ovens, boiling kettles, bratt pans, fryers, griddles, hobs, pasta cookers, and others. Base unit ovens is expected to dominate the other equipment generating highest revenue in 2017. By end use, the market is categorized into full-service restaurants, institutional canteen, hotel & resorts, quick service restaurants, and others. Full-service restaurants ensures premium quality food with unique combination and full-table service. In addition, high level of disposable income results in dining out with entertainment options. These factors drive the growth of the full-service restaurants and thus held the maximum share in 2017.

UK dominated the overall market in terms of revenue, and is expected to maintain its dominant position throughout the 900 series cooking equipment market analysis period, growing at a CAGR of 2.3%. This is attributed to high adoption of advanced technology and rise in demand for ready-to-eat food in the market. However, Germany 900 series cooking equipment market is anticipated to grow at the highest CAGR of 2.0%.

Key Findings of The Europe 900 Series Cooking Equipment Market:

  • In 2017, 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.
  • By product type, 900 series Pasta cookers and bratt pans are the two potential markets, expected to witness higher growth rates over the forecast period.
  • In 2017, full-service restaurants accounted for the highest market share and is expected to grow at the considerable CAGR of 1.2%.
  • The quick-service restaurants segment is projected to grow at the significant CAGR of 3.6%. 
  • In 2017, UK accounted for the highest market share, and is anticipated to grow at a CAGR of 2.3%.
  • UK and Germany collectively accounts for two-fifths share in Europe 900 series cooking equipment market in 2017.
  • Some of the key players analyzed in Europe 900 series cooking equipment industry are Charvet, Rosinox, Capic, Ali Group, AB Electrolux, ATA Srl, Fagor Industrial, Illinois Tool Works Inc., MKN, Modular Professional Srl, and The Middleby Corporation.

Need More Information

pr-det-talk Talk to David (Europe)

pr-det-talk Talk to Sona Padman (Americas)

5933 NE Win Sivers Drive #205,
Portland, OR 97220 United States

pr-det-phone Toll Free: +1-800-792-5285

pr-det-phone UK: +44-845-528-1300

pr-det-phone Hong Kong: +852-301-84916

pr-det-phone India (Pune): +91 2066346060

pr-det-phone Fax: +1(855) 550-5975

pr-det-phone help@alliedmarketresearch.com

 

For Media Inquiries, Please Contact

Ram D
Communications Officer
Allied Market Research
Contact Toll Free: +1-800-792-5285
Drop us an email at
media@alliedmarketresearch.com

 
 

First time buyer?
Check offers and discount on this report
To get this report

 
Click Here
 
 

quote 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 quote

View Report
 
 
Avenue Video Loading...

Avenue: Entire Library membership of Allied Market Research Reports at your disposal

  • Avenue is an innovative subscription-based online report database.
  • Avail an online access to the entire library of syndicated reports on more than 2,000 niche industries and company profiles on more than 12,000 firms across 11 domains.
  • A cost-effective model tailored for entrepreneurs, investors, and students & researchers at universities.
  • Request customizations, suggest new reports, and avail analyst support as per your requirements.
  • Get an access to the library of reports at any time from any device and anywhere.

 
 

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

Targeted Market View

Targeted market view to provide pertinent information and save time of readers

 

Featured Readings

 
 

Get Fresh content delivered

Get insights on topics that matter to your business. Stay updated on the area that interests you.

 
Get Industry Data Alerts
 

Buy Full Version
"Europe 900 Series Cooking Equipment Market"
Purchase Enquiry