Commercial Rotisserie Oven Market
During the forecast period, the commercial rotisserie oven market is expected to grow at a 5.6% CAGR. The market is expected to be worth US$ 32,777.48 million by 2033, up from US$ 19,008 million in 2023.
Increased consumption of pork and processed poultry meat due to nutritional benefits is expected to increase commercial rotisserie oven market share during the forecast period. This is supported by the fact that the pork meat market is expected to grow at nearly 4.2% CAGR and the processed poultry meat market is expected to grow at nearly 7.7% CAGR, both of which will undoubtedly benefit the market.
Furthermore, the growth of the barbeque market is expected to boost market share during the forecast period due to the ability of rotisserie ovens to provide uniform heat to the food.
Because of the slow cooking process’s ability to provide a hassle-free cooking experience, the chef has better control over the cooking process, and the product has found a large number of buyers in the barbeque and related market.
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Another feature that has piqued the interest of potential investors is the ability to cook for a large group of people. The ability of this commercial oven to heat multiple items at once allows the cook to save a significant amount of time. One of the most common concerns for chefs is the unpleasant scenario of overcooking. The use of a commercial rotisserie ensures that every inch of the food receives uniform heat as it spins, resulting in a crispy crust and even browning. This is expected to boost demand for commercial rotisserie ovens over the forecast period.
According to FMI’s research, “a large pork and processed poultry meat market, combined with the ability to prevent overcooking, is expected to increase the sales of commercial rotisserie ovens during the forecast period.”
Key Takeaways:
- The commercial rotisserie oven market is valued at US$ 19008 Million as of 2023.
- By 2033, the market is expected to reach a valuation of US$ 32777.48 Million.
- The market is expected to grow at a CAGR of 5.6% during the period 2023-2033.
- The US commercial rotisserie oven market is projected to be valued at US$ 6747.05 Milllion by 2033, and is expected to grow at a CAGR of 4.9% during the forecast period.
- The UK market is valued at US$ 1121.47 Million as on 2023, and is expected to grow at a CAGR of 4.4% during the forecast period.
- The China commercial rotisserie oven market is expected to hold a valuation of US$ 3686.24 Million by 2033 and is projected to grow at a CAGR of 8.1% during the forecast period.
- The Japan market holds a valuation of US$ 1425.60 Million as of 2023, and is projected to expand at a robust CAGR of 9.9% through 2033.
- The South Korean commercial rotisserie oven market is expected to grow at a CAGR of 11% through 2033, and by 2033, the market is expected to be valued at US$ 1133.41 Million.
- By type, the gas rotisserie segment has the highest market share and is expected to grow at a CAGR of 4.9% during the forecast period.
- By application, the restaurants segment is expected to have the highest market share, and is expected to grow at a CAGR of 6.6% during the forecast period.
Competitive Landscape
The key players operating in the market are looking at ways to increase their market share by developing top-level rotisseries and smokers that can deliver lip-smacking food under the unique conditions of each restaurant.
Some of the recent developments in the commercial rotisserie oven market are:
- In September 2022, John Perruccio was named Middleby Group President.
- In April 2022, Vollrath engineered the first-ever outdoor rated induction cooktop for Traeger’s New Timberline Grill.
Key Companies Profiled
- J and R Manufacturing LLC,
- ROLLER GRILL INTERNATIONAL SAS,
- Rotisol SA,
- The Middleby Corp.,
- The Vollrath Co. LLC,
- Dimark Commercial Pty. Ltd.
Key Segments
By Type:
- Gas Rotisserie
- Coal Rotisserie
By Applications:
- Restaurants
- Supermarket
- Others
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East Africa