Combi Ovens Market In-Depth Analysis, Growth Strategies and Comprehensive Forecast to 2022
According to FMI, the global combi ovens market is anticipated to witness a CAGR of 10.3% over the course of the forecast period. For instance, people in China and the U.S. majorly consume fried items, whereas people in Europe make bakery, fried, and roast as their preference.
The rising demand for combi ovens has compelled
manufacturers to approach the market with heavy and medium capacity combi ovens
in order to serve hotels, institutions, and commercial kitchens.
In a bid to maintain the combi ovens market sustainability
amidst increasing competition, Tier 1 players are engaged in expanding
manufacturing capacities and strengthening regional presence. For instance,
Electrolux, in 2017, acquired Continental Brand in Latin America with an aim to
strengthen Electrolux’s growth in the Latin America region.
The growing demand from the foodservice industry and the
need for more productive cooking methods are expected to be the core drivers
for the global combi ovens market in the coming years. With the growth in
economy and increment in the disposable income of people, people now endeavour
to spend more on items that can fulfil their desires such as a luxury car, an
apartment, or on the food and beverages they desire to eat or drink.
Humans are inquisitive in nature, and have the tendency to
explore new things and new varieties of food to taste, which has thus pushed
culinary specialists or chefs to come up with new types of cooking methods.
Combi oven is best for cooking meat owing to the reason that the heat in the
chamber does the majority of the cooking and the moisture in the oven prevents
the meat from drying out and also increases its consumable life.
Combi ovens are a perfect alternative for cooks when they
are in the need to serve food in quick service restaurants or serve bulk
orders. In this way, combi ovens are in great demand in inns, hotels,
restaurants, eateries, and at other food outlets. The development of the
foodservice sector across the globe is expected to bode well for the
progression of the global combi ovens market.
Key Market Players
Key market participants are focusing on enhancement of their
medium-term expansion strategy, product portfolio strategy, and mergers with
regional distributors to expand their business. The players operating in the
market are Alto-Shaam Inc., Electrolux AB, Fujimak Corporation, The Middleby
Corporation, Retigo S.R.O, and Dover Corporation, among others.
Access Full Report: https://www.futuremarketinsights.com/reports/combi-ovens-market
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