US combi oven sales will grow at a CAGR of 9.6% over the next decade, reaching a market value of $949m by the end of 2033.
According to research house Fact.MR, the US will be the largest contributor to a global combi oven market tipped to be worth $5.18 billion in less than 10 years.
Increasing demand for versatile and space-efficient cooking equipment in commercial kitchens is a “determining factor” impacting the combi oven market’s expansion, it said.
It added that an emphasis on energy efficiency, precision control and improved food quality also made combi ovens a clear choice for operators that want flexible cooking apparatus for their kitchens.
Growth in the US will be fuelled by the significant presence of notable confectionery, bakery and restaurant enterprises in the region.
But it warned that the “significant” upfront investment involved with combi ovens posed a challenge for smaller businesses or those operating on tight budgets.
Advanced features and functionalities of combi ovens may require specialized training for kitchen staff, leading to more difficulties.
In the UK, meanwhile, the combi oven market is poised to reach $524m, with Germany expected to closely follow in terms of growth.
The research house said convenience plays a pivotal role in both the UK and Germany, particularly in urban areas where individuals may face time constraints or a reluctance to engage in extensive cooking.
High-speed ovens have simplified the process of preparing a diverse range of items, from frozen meals to fresh foods.
Japan, meanwhile, is expected to experience a CAGR of 10.6%, reaching a value of $239m by the end of 2033.
The anticipated CAGR for combi ovens equipped with boilers is 9.4%, projecting a valuation of $3.74 billion by the conclusion of the forecast period.
These ovens are gaining popularity globally and are poised to secure a substantial share of the overall global market.
The report lists a number of manufacturers that are making significant investments to deliver innovative products to consumers and optimise supply chain management for secure and timely deliveries.
It said “prominent” players included Convotherm, Unox, Rational, Electrolux Professional, Alto-Shaam, Turbofan, Carbolite Gero, Vulcan Equipment and G.S. Blodgett.
