Product Code: 139030-08-22
Growth of Food Industry Worldwide to Boost the Demand for Combi Ovens
The combi ovens market worldwide is likely to grow with a CAGR of 10.6% throughout the forecast period from 2022 to 2030. Continued growth in the food industry is the major driving factor for combi ovens market. Combi ovens are designed with all the three techniques (convection, steam, and both) in one machine for cooking. Growing penetration of microwave ovens is also one of the promising factors driving the combi ovens market. Penetration of combi ovens at homes, offices, petrol pumps and other food places is another prominent factor supporting the market growth. Therefore, we are expecting generous growth in the combi ovens market during the forecast period.
Individuals Segment to be the Fastest Growing
In 2021, the combi ovens market was led by the restaurants segment. Restaurant segment accounts for more than 30% of the market share in the same year. On the other side, we expect that the individual segment will be the fastest growing segment owing to growing penetration of these ovens at homes. Launch of mini combi ovens by various companies such as Convotherm Elektrogerate GmbH, Electrolux AB, and others is the major growth factor for the segment. Nowadays, individuals prefer combi ovens above steam and convection ovens due to their benefits such as baking, smoking, roasting and others. As a result, we expect that the individuals segment will be the fastest growing segment in the combi ovens market during the forecast period.
Asia Pacific to be the Fastest Growing Region
In 2021, North America was the largest contributor in the global combi ovens market followed by Europe and Asia Pacific respectively. North America contributes nearly 30% of the revenue share in the same year. The region has highest share due to developed economy and early adoption of latest technology. On the other flip, Asia Pacific will be the fastest growing region owing to developing economies such as China and India, growing disposable income and growing food industry in the region. Increased consumer inclination towards outside food in the region is the other major growth factor for the region. As a consequence, we expect that the Asia Pacific region will be the fastest-growing region during the forecast period.
Some of the prominent players operating in the combi ovens market include Unox, Convotherm Elektrogerate GmbH, RATIONAL, Turbofan, Electrolux AB, Alto-Shaam, Inc., G.S. Blodgett Corporation, Robert Bosch GmbH, Falcon Foodservice Equipment, Black knight, Inc., Henny Penny, and others.
Historical & Forecast Period
This study report represents analysis of each segment from 2020 to 2030 considering 2021 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2030.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Combi Ovens market are as follows:
Research and development budgets of manufacturers and government spending
Revenues of key companies in the market segment
Number of end users and consumption volume, price and value.
Geographical revenues generate by countries considered in the report:
Micro and macro environment factors that are currently influencing the Combi Ovens market and their expected impact during the forecast period.
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
Market Segmentation
Power
Electric
Gas
End-user
Restaurants
Individuals
Hotels
Bakery
Others (Confectionary, Offices, etc.)
Region Segment (2020-2030; US$ Million)
North America
U.S.
Canada
Rest of North America
UK and European Union
UK
Germany
Spain
Italy
France
Rest of Europe
Asia Pacific
China
Japan
India
Australia
South Korea
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East and Africa
GCC
Africa
Rest of Middle East and Africa
Global Impact of COVID-19 Segment (2020-2021; US$ Million )
Pre COVID-19 situation
Post COVID-19 situation
Key questions answered in this report:
What are the key micro and macro environmental factors that are impacting the growth of Combi Ovens market?
What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
Estimated forecast and market projections up to 2030.
Which segment accounts for the fastest CAGR during the forecast period?
Which market segment holds a larger market share and why?
Are low and middle-income economies investing in the Combi Ovens market?
Which is the largest regional market for Combi Ovens market?
What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
Which are the key trends driving Combi Ovens market growth?
Who are the key competitors and what are their key strategies to enhance their market presence in the Combi Ovens market worldwide?
Table of Contents
1. Preface
- 1.1. Report Description
- 1.1.1. Purpose of the Report
- 1.1.2. Target Audience
- 1.1.3. Key Offerings
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.3.1. Phase I - Secondary Research
- 1.3.2. Phase II - Primary Research
- 1.3.3. Phase III - Expert Panel Review
- 1.3.4. Assumptions
- 1.3.5. Approach Adopted
2. Executive Summary
- 2.1. Market Snapshot: Global Combi Ovens Market
- 2.2. Global Combi Ovens Market, By Power, 2021 (US$ Million)
- 2.3. Global Combi Ovens Market, By End-user, 2021 (US$ Million)
- 2.4. Global Combi Ovens Market, By Geography, 2021 (US$ Million)
- 2.5. Attractive Investment Proposition by Geography, 2021
3. Combi Ovens Market: Competitive Analysis
- 3.1. Market Positioning of Key Combi Ovens Market Vendors
- 3.2. Strategies Adopted by Combi Ovens Market Vendors
- 3.3. Key Industry Strategies
- 3.4. Tier Analysis 2021 Versus 2030
4. Combi Ovens Market: Macro Analysis & Market Dynamics
- 4.1. Introduction
- 4.2. Global Combi Ovens Market Value, 2020 - 2030, (US$ Million)
- 4.3. Market Dynamics
- 4.3.1. Market Drivers
- 4.3.2. Market Restraints
- 4.3.3. Key Challenges
- 4.3.4. Key Opportunities
- 4.4. Impact Analysis of Drivers and Restraints
- 4.5. See-Saw Analysis
5. Combi Ovens Market: By Power, 2020-2030, USD (Million)
- 5.1. Market Overview
- 5.2. Growth & Revenue Analysis: 2021 Versus 2030
- 5.3. Market Segmentation
- 5.3.1. Electric
- 5.3.2. Gas
6. Combi Ovens Market: By End-user, 2020-2030, USD (Million)
- 6.1. Market Overview
- 6.2. Growth & Revenue Analysis: 2021 Versus 2030
- 6.3. Market Segmentation
- 6.3.1. Restaurants
- 6.3.2. Individuals
- 6.3.3. Hotels
- 6.3.4. Bakery
- 6.3.5. Others (Confectionary, Offices, etc.)
7. North America Combi Ovens Market, 2020-2030, USD (Million)
- 7.1. Market Overview
- 7.2. Combi Ovens Market: By Power, 2020-2030, USD (Million)
- 7.3. Combi Ovens Market: By End-user, 2020-2030, USD (Million)
- 7.4.Combi Ovens Market: By Region, 2020-2030, USD (Million)
- 7.4.1.North America
- 7.4.1.1. U.S.
- 7.4.1.1.1. Combi Ovens Market: By Power, 2020-2030, USD (Million)
- 7.4.1.1.1. Combi Ovens Market: By End-user, 2020-2030, USD (Million)
- 7.4.1.2. Canada
- 7.4.1.2.1. Combi Ovens Market: By Power, 2020-2030, USD (Million)
- 7.4.1.2.1. Combi Ovens Market: By End-user, 2020-2030, USD (Million)
- 7.4.1.3. Rest of North America
- 7.4.1.3.1. Combi Ovens Market: By Power, 2020-2030, USD (Million)
- 7.4.1.3.1. Combi Ovens Market: By End-user, 2020-2030, USD (Million)
8. UK and European Union Combi Ovens Market, 2020-2030, USD (Million)
- 8.1. Market Overview
- 8.2. Combi Ovens Market: By Power, 2020-2030, USD (Million)
- 8.3. Combi Ovens Market: By End-user, 2020-2030, USD (Million)
- 8.4.Combi Ovens Market: By Region, 2020-2030, USD (Million)
- 8.4.1.UK and European Union
- 8.4.1.1. UK
- 8.4.1.1.1. Combi Ovens Market: By Power, 2020-2030, USD (Million)
- 8.4.1.1.1. Combi Ovens Market: By End-user, 2020-2030, USD (Million)
- 8.4.1.2. Germany
- 8.4.1.2.1. Combi Ovens Market: By Power, 2020-2030, USD (Million)
- 8.4.1.2.1. Combi Ovens Market: By End-user, 2020-2030, USD (Million)
- 8.4.1.3. Spain
- 8.4.1.3.1. Combi Ovens Market: By Power, 2020-2030, USD (Million)
- 8.4.1.3.1. Combi Ovens Market: By End-user, 2020-2030, USD (Million)
- 8.4.1.4. Italy
- 8.4.1.4.1. Combi Ovens Market: By Power, 2020-2030, USD (Million)
- 8.4.1.4.1. Combi Ovens Market: By End-user, 2020-2030, USD (Million)
- 8.4.1.5. France
- 8.4.1.5.1. Combi Ovens Market: By Power, 2020-2030, USD (Million)
- 8.4.1.5.1. Combi Ovens Market: By End-user, 2020-2030, USD (Million)
- 8.4.1.6. Rest of Europe
- 8.4.1.6.1. Combi Ovens Market: By Power, 2020-2030, USD (Million)
- 8.4.1.6.1. Combi Ovens Market: By End-user, 2020-2030, USD (Million)
9. Asia Pacific Combi Ovens Market, 2020-2030, USD (Million)
- 9.1. Market Overview
- 9.2. Combi Ovens Market: By Power, 2020-2030, USD (Million)
- 9.3. Combi Ovens Market: By End-user, 2020-2030, USD (Million)
- 9.4.Combi Ovens Market: By Region, 2020-2030, USD (Million)
- 9.4.1.Asia Pacific
- 9.4.1.1. China
- 9.4.1.1.1. Combi Ovens Market: By Power, 2020-2030, USD (Million)
- 9.4.1.1.1. Combi Ovens Market: By End-user, 2020-2030, USD (Million)
- 9.4.1.2. Japan
- 9.4.1.2.1. Combi Ovens Market: By Power, 2020-2030, USD (Million)
- 9.4.1.2.1. Combi Ovens Market: By End-user, 2020-2030, USD (Million)
- 9.4.1.3. India
- 9.4.1.3.1. Combi Ovens Market: By Power, 2020-2030, USD (Million)
- 9.4.1.3.1. Combi Ovens Market: By End-user, 2020-2030, USD (Million)
- 9.4.1.4. Australia
- 9.4.1.4.1. Combi Ovens Market: By Power, 2020-2030, USD (Million)
- 9.4.1.4.1. Combi Ovens Market: By End-user, 2020-2030, USD (Million)
- 9.4.1.5. South Korea
- 9.4.1.5.1. Combi Ovens Market: By Power, 2020-2030, USD (Million)
- 9.4.1.5.1. Combi Ovens Market: By End-user, 2020-2030, USD (Million)
- 9.4.1.6. Rest of Asia Pacific
- 9.4.1.6.1. Combi Ovens Market: By Power, 2020-2030, USD (Million)
- 9.4.1.6.1. Combi Ovens Market: By End-user, 2020-2030, USD (Million)
10. Latin America Combi Ovens Market, 2020-2030, USD (Million)
- 10.1. Market Overview
- 10.2. Combi Ovens Market: By Power, 2020-2030, USD (Million)
- 10.3. Combi Ovens Market: By End-user, 2020-2030, USD (Million)
- 10.4.Combi Ovens Market: By Region, 2020-2030, USD (Million)
- 10.4.1.Latin America
- 10.4.1.1. Brazil
- 10.4.1.1.1. Combi Ovens Market: By Power, 2020-2030, USD (Million)
- 10.4.1.1.1. Combi Ovens Market: By End-user, 2020-2030, USD (Million)
- 10.4.1.2. Mexico
- 10.4.1.2.1. Combi Ovens Market: By Power, 2020-2030, USD (Million)
- 10.4.1.2.1. Combi Ovens Market: By End-user, 2020-2030, USD (Million)
- 10.4.1.3. Rest of Latin America
- 10.4.1.3.1. Combi Ovens Market: By Power, 2020-2030, USD (Million)
- 10.4.1.3.1. Combi Ovens Market: By End-user, 2020-2030, USD (Million)
11. Middle East and Africa Combi Ovens Market, 2020-2030, USD (Million)
- 11.1. Market Overview
- 11.2. Combi Ovens Market: By Power, 2020-2030, USD (Million)
- 11.3. Combi Ovens Market: By End-user, 2020-2030, USD (Million)
- 11.4.Combi Ovens Market: By Region, 2020-2030, USD (Million)
- 11.4.1.Middle East and Africa
- 11.4.1.1. GCC
- 11.4.1.1.1. Combi Ovens Market: By Power, 2020-2030, USD (Million)
- 11.4.1.1.1. Combi Ovens Market: By End-user, 2020-2030, USD (Million)
- 11.4.1.2. Africa
- 11.4.1.2.1. Combi Ovens Market: By Power, 2020-2030, USD (Million)
- 11.4.1.2.1. Combi Ovens Market: By End-user, 2020-2030, USD (Million)
- 11.4.1.3. Rest of Middle East and Africa
- 11.4.1.3.1. Combi Ovens Market: By Power, 2020-2030, USD (Million)
- 11.4.1.3.1. Combi Ovens Market: By End-user, 2020-2030, USD (Million)
12. Company Profile
- 12.1. Unox
- 12.1.1. Company Overview
- 12.1.2. Financial Performance
- 12.1.3. Product Portfolio
- 12.1.4. Strategic Initiatives
- 12.2. Convotherm Elektrogerate GmbH
- 12.2.1. Company Overview
- 12.2.2. Financial Performance
- 12.2.3. Product Portfolio
- 12.2.4. Strategic Initiatives
- 12.3. RATIONAL
- 12.3.1. Company Overview
- 12.3.2. Financial Performance
- 12.3.3. Product Portfolio
- 12.3.4. Strategic Initiatives
- 12.4. Turbofan
- 12.4.1. Company Overview
- 12.4.2. Financial Performance
- 12.4.3. Product Portfolio
- 12.4.4. Strategic Initiatives
- 12.5. Electrolux AB
- 12.5.1. Company Overview
- 12.5.2. Financial Performance
- 12.5.3. Product Portfolio
- 12.5.4. Strategic Initiatives
- 12.6. Alto-Shaam, Inc.
- 12.6.1. Company Overview
- 12.6.2. Financial Performance
- 12.6.3. Product Portfolio
- 12.6.4. Strategic Initiatives
- 12.7. G.S. Blodgett Corporation
- 12.7.1. Company Overview
- 12.7.2. Financial Performance
- 12.7.3. Product Portfolio
- 12.7.4. Strategic Initiatives
- 12.8. Robert Bosch GmbH
- 12.8.1. Company Overview
- 12.8.2. Financial Performance
- 12.8.3. Product Portfolio
- 12.8.4. Strategic Initiatives
- 12.9. Falcon Foodservice Equipment
- 12.9.1. Company Overview
- 12.9.2. Financial Performance
- 12.9.3. Product Portfolio
- 12.9.4. Strategic Initiatives
- 12.10. Black knight, Inc.
- 12.10.1. Company Overview
- 12.10.2. Financial Performance
- 12.10.3. Product Portfolio
- 12.10.4. Strategic Initiatives
- 12.11. Henny Penny
- 12.11.1. Company Overview
- 12.11.2. Financial Performance
- 12.11.3. Product Portfolio
- 12.11.4. Strategic Initiatives