Commercial Ventless Cooking Equipment Market size shall reach a value of $2x61.4 Million in 2027, growing with a CAGR of 12.13% during the forecast period of 2020 to 2027.
Market Definition / Research Scope
Commercial ventless cooking equipment is an equipment that helps in providing food that produces by-products, such as steam, smoke, FOG, and scents through cooking measures. Commercial ventless equipment uses a charcoal filter, and a baffling grease filter to remove grease, odor, and small particulates. It then recirculates the air to produce a solid, grease-free cooking environment.
The ventless cooking equipment is totally encased to guarantee that no steam or smoke escapes from the cooking unit. The steam and smoke effectively go through the interior venting system of the cooking device. This totally encased operation stops dust, light, and air from entering the cooking equipment and contaminating the nature of food prepared in commercial kitchens.
Commercial ventless cooking equipment is mostly used in foodservice establishments, such as eateries, restaurants, e.t.c because of various operational advantages. These are convenient for operators as it very well may be introduced effectively inside a food service establishment that doesnt need vent or hoods for Operation.
Commercial Ventless Cooking Equipment Market Growth and Trends
Driving factors for the industry :
• Growing need for automated controls- enabled cooking equipment in commercial kitchens is considered a key factor promoting the demand for commercial vent less cooking equipment.
• Food service establishments prefer to use commercial cooking equipment with improved features including efficient automated controls, faster heat recovery, and efficient heat transfer capabilities to offer various benefits to end-users.
• Established manufacturers are launching new products in the market to meet the needs of consumers, thereby increasing the demand and further encouraging the growth of the commercial vent less cooking equipment market.
• Food service establishments that use commercial standard cooking equipment have already installed proper ventilation systems in their kitchens. Thus, they do not require to invest in costly ventilation hoods at the time of replacing cooking equipment with new commercial vent less ones.
• The end-users prefer to replace their cooking equipment with commercial standard cooking equipment instead of adopting costly commercial vent less cooking equipment.
• Rising consumer spending on tourism and the hospitality sector is encouraging restaurant owners to upgrade their infrastructure and offer enhanced services, increasing demand for commercial vent less cooking favourably contributing to the market growth.
• Growing use of smart kitchen equipment by the foodservice industry is expected to boost the demand for commercial vent less cooking appliances.
• Growing need for food preservation owing to changing climatic conditions is contemplating the end customers to deploy refrigerator with state-of-the-art technologies. Thus, the growing emphasis on advancements in refrigeration technologies is expected to boost the demand for refrigerators during the forecast period.
• The combination oven improves production capacity, which results in increased profitability and efficiency of the end-use industries.
• Demand for the induction cooking range is expected to increase over the forecast period owing to growing fuel, electricity prices and awareness about the conservation of energy.
Challenges for the industry :
• Increasing replacement demand for standard cooking equipment. Foodservice establishments that use commercial standard cooking equipment already have a proper ventilation system. These establishments do not need to invest in costly ventilation hoods while replacing commercial cooking equipment with a new cooking equipment. Such end-users prefer to replace the equipment with commercial standard cooking equipment instead of commercial vent less cooking equipment that helps them save initial purchase cost associated with the cooking equipment.
• Growing market for pre-used commercial vent less cooking equipment.
• High cost associated with the initial purchase of commercial vent less cooking equipment is expected to hamper its adoption rate, thereby limiting the growth of the commercial vent less cooking equipment market.
Commercial Ventless Cooking Equipment Market Regional Analysis
Commercial Ventless Cooking Equipment Market Share and Competition
Key companies operating in this industry are: Ali Group, Eagle Frizzell, Giles Foodservice Equipment, Hatco Corporation, Middleby Corporation, Motion Technology, Inc., and Welbilt. Similar industries in this domain that is growing at a high CAGR include Industrial Rice Cooker Market and Smart Vent Software Market.
Commercial Ventless Cooking Equipment Market Research Report Analysis Highlights
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2020 – 2027)
• Data breakdown for every market segment (2020 – 2027)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy
Industry Segmentation and Revenue Breakdown
Type Analysis (Revenue, USD Million, 2020 - 2027)
• Commercial Ventless Ovens
• Commercial Ventless Fryers
Technology Analysis (Revenue, USD Million, 2020 - 2027)
• Commercial Ventless Cooking Equipment With Electronic Filtration
• Commercial Ventless Cooking Equipment With Mechanical Filtration
Application Analysis (Revenue, USD Million, 2020 - 2027)
Region Analysis (Revenue, USD Million, 2020 - 2027)
• United States
• United Kingdom
• South Korea
• Middle East
• Rest of World
Commercial Ventless Cooking Equipment Market Companies
• Ali Group
• Eagle Frizzell
• Giles Foodservice Equipment
• Hatco Corporation
• Middleby Corporation
• Motion Technology, Inc.
Available Versions: -
United States Commercial Ventless Cooking Equipment Market Research Report
Europe Commercial Ventless Cooking Equipment Market Research Report
Asia Pacific Commercial Ventless Cooking Equipment Market Research Report
India Commercial Ventless Cooking Equipment Market Research Report