North America’s Sizzling Reign: The Commercial Pizza Oven Market Heats Up, as Revealed by Future Market Insights
The commercial pizza oven market is expected to grow rapidly, reaching US$ 7579.4 million in 2032. The market is expected to reach US$ 4000.0 million in 2022, with a CAGR of 6.6% between 2022 and 2032, according to Future Market Insights.
The mature commercial pizza oven market is likely to undergo
a period of transformation due to rising demand for improved food safety,
sustainability, and quality. The increasing use of commercial pizza ovens in
the food processing industry has increased the market’s value globally over the
last five years, according to Future Market Insights, a market research and
competitive intelligence provider.
Many governments are providing subsidies and interest-free
loans to manufacturers in order to boost food processing and related
businesses. As automation and innovation in the food processing equipment
industry gain traction, commercial pizza ovens are becoming more affordable.
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Key Takeaways from the Commercial Pizza Oven Market
Study:
- China
is expected to generate about 32% of the global
commercial pizza oven market share and its valuation is likely to
surpass US$ 230.4 million in the assessment period.
- Europe
commercial pizza oven market is anticipated to reach US$ 1,520.0
million by 2032 and generate a share of 40%.
- North
America’s commercial pizza oven market is likely to create an incremental
opportunity of US$ 1,520.0 million in the next ten years.
- The
United States, China, and the United Kingdom are set to be top 3 countries
in terms of commercial pizza oven sales by 2032.
- The
United Kingdom commercial pizza oven market is projected to capture a
considerable share of 22% by 2032.
“Increasing demand for innovations in terms of flavor and
taste among millennials and the Gen Z is projected to drive sales of new
commercial pizza ovens that can prepare numerous types of pizzas. The rising
trend for pizza cones across the globe is another vital factor that would
contribute to expansion in the market,” says a lead analyst at Future Market
Insights.
Competition Landscape: Commercial Pizza Oven Market
Few key players in the global commercial pizza oven market
are Gozney, FONTANA FORNI, Peppino, Forno Bravo, Mugnaini Imports, Inc.,
Wachtel GmbH, California, Le Panyol, and The Stone Bake Oven Company.
Leading commercial pizza oven manufacturers are projected to
focus on offering customized products to cater to a wide range of needs from
their clients. They are investing huge sums in research and development
activities to come up with novel features that can be equipped in their
in-house pizza ovens. Renowned players are striving to join hands with regional
companies to co-develop cutting-edge products for consumers residing in a
specific area to match their expectations.
Get More Valuable Insights into the Commercial Pizza Oven
Market
Future Market Insights, in its new offering, provides an
unbiased analysis of the commercial pizza oven market presenting historical
demand data (2017 to 2021) and forecast statistics for the period from (2022 to
2032). The study divulges compelling insights on the demand for commercial
pizza ovens based on product type (gas pizza oven, electric pizza oven,
wood-fired pizza oven), type (deck, convection, brick, conveyer, countertop),
application (hotels, restaurants, bakeries, cafés, catering units), sales
channel (online, offline), and regions.
Commercial Pizza Oven Market Outlook by Category
By Product Type:
- Gas
Pizza Oven
- Electric
Pizza Oven
- Wood-fired
Pizza Oven
By Type:
- Deck
- Convection
- Brick
- Conveyer
- Countertop
By Application:
- Hotels
- Restaurants
- Cafés
- Bakeries
- Catering
Units
By Sales Channel:
- Online
- Offline
By Region:
- North
America
- Latin
America
- Europe
- South
Asia
- East
Asia
- Oceania
- Middle
East & Africa
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