The global commercial griddle market is estimated to develop at a moderate CAGR of 4.7% during the forecast period. The present-day value of this market is USD 525.8 million in 2023. By 2033, the commercial griddle market is estimated to reach USD 834.2 million. Researchers from Future Market Insights discovered a historical market valuation of USD 496.0 million for the studied market during the base year when the market expanded at a CAGR of 3.7%.
Report Attribute | Details |
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Commercial Griddle Market Value (2023) | USD 525.8 Million |
Commercial Griddle Market Anticipated Value (2033) | USD 834.2 Million |
Commercial Griddle Market Projected Growth Rate (2023 to 2033) | 4.7% |
Commercial Griddle Market Historical Growth Rate (2017 to 2022) | 3.7% |
The adoption of griddles is increasing among consumers, resulting in market expansion. This expansion is facilitated by the following factors:
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A commercial griddle is a flat surface used for cooking meals. It is often composed of metal and has a huge surface area, making it ideal for cooking huge portions of food in one go. Commercial ovens with griddle are frequently used in restaurants to cook dishes such as pancakes, eggs, bacon, sausages, and so on.
According to FMI data, these types of meals are getting more popular among audiences in different countries. Given the rising demand for these foods, several manufacturers have included novel features in commercial griddle. Here are some trends and possibilities in the commercial griddle market:
FMI specialists revealed that the commercial griddle market has undergone outstanding development in recent years after performing in-depth market research. Following an in-depth market investigation, FMI analysts revealed that the commercial griddle industry has undergone outstanding development in recent years.
The studied market CAGR increased gradually from 3.7% between 2017 and 2022 to 4.7% between 2023 and 2033. There is an approximate rise of USD 308.4 million surge in the total market value from 2022 to 2023.
A griddle is commercial and home culinary equipment with a large flat surface heated by electricity, gas, wood, or coal. Complete health, sustainability, convenience, and innovation are all elements that are predicted to influence customer dietary habits in the upcoming years. At the moment, griddles are having a moment.
Commercial kitchen griddle is a fantastic choice for fajitas, grilled sandwiches, and hamburgers apart from regular food items like pancakes, sausages, bacon, eggs, hash browns, and French toast. Griddles have a lengthy and colorful past. They originated from a time before ovens were a widespread fixture in houses when chefs utilized flat-top grills made of brick, stone, or clay.
Griddle cooking, as opposed to the more conventional cooking methods given by charcoal, gas, and pellet grills, is helping to redefine the quickly growing outdoor cooking sector by giving consumers a speedier, more convenient, more diverse cooking experience. The ability to cook breakfast, lunch, and supper outside has been made available by manufacturers to home cooks of all skill levels.
In comparison to other outdoor cooking methods, griddling has higher customer engagement, which enables manufacturers to quickly enter the traditional outdoor cooking market and expand the overall category. This is because it enables consumers to cook outdoors more frequently and for more meal occasions.
At present, people are just cooking more at home and rediscovering the versatility of a traditional griddle, which has contributed significantly to their appeal. They prepare these foods at home with the help of a commercial indoor grill instead of getting grilled cheese at the neighborhood lunch place or pancakes at the restaurant, and griddle kitchen equipment is a very helpful appliance.
On the other hand, Cooking in the backyard or outdoors is becoming increasingly popular and fashionable. The development of outdoor cooking tools like griddles has been significantly fueled by this new trend. The idea of outdoor cooking is quite well-known in western nations.
Through the decades, the forefathers have engaged in this ritual of outdoor cooking. On holidays and other special occasions, people like to cook outside. These customs of cooking outside are also gradually gaining popularity. During the anticipated years, these customs are promoting market expansion.
Table Top - By Top Installation Type
Based on top installation type, the commercial griddle market is bifurcated into free-standing and table-top. During the forecast period, the tabletop category is expected to hold the biggest market share across the world, according to FMI. This segment is currently expanding fast and efficiently, at a CAGR of 5.0%. From 2017 to 2022, the category recorded a CAGR of 4.2% historically. The following elements are fueling the market expansion:
Flat - By Top Plate Type
As far as the top plate type is concerned, the commercial griddle market is categorized into flat, ribbed, and mixed. Given that it is the most popular product among consumers in these categories, the flat sector has the largest market share. Currently, the CAGR for the flat category is predicted to be 4.4%, which would indicate rapid growth. The category accounted for a CAGR of 3.5% over the reference period of 2017 to 2022. Development of commercial flat-top griddle has continued due to the following factors:
Country | United States |
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Statistics | The commercial griddle market in North America is still dominated by the United States. By the end of 2033, the market is expected to have a USD 208.5 million valuation. In the historical and projection periods, the CAGR for the United States commercial griddle market was 4.4% and 5.2%, respectively. From the base year to the present, there has been an increase of almost USD 82.4 million. |
Growth propellants | These factors explain the growing market dominance:
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Country | United Kingdom |
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Statistics | A substantial portion of the commercial griddle industry is believed to be controlled by Europe. The U.K. commercial griddle market is currently growing at a rapid CAGR of 6.4%, compared to a historical CAGR of only 3.7%. By 2033, it is anticipated that the market valuation would exceed USD 58.40 million. From the base year to the present, there has been an about USD 26.80 million increase. |
Growth propellants | The following factors help drive market expansion in the UK:
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Country | China |
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Statistics | The Chinese commercial griddle market is predicted to grow at a CAGR of 6.2% during the forecast period. Historically, this market's CAGR was 3.7%. By 2033, the experts at FMI expect the market to be worth USD 125.1 million. From the base year to the present, there has been an about USD 56.7 million increase. |
Growth propellants | The following are some of the elements contributing to the market growth in China:
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Country | Japan |
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Statistics | Japan is anticipated to grow moderately, with a CAGR of 4.9% during the projection period, up from 3.7% over the historical period. By the end of 2033, the value is expected to exceed USD 52.5 million, according to FMI. From previous years to the present, there has been an about USD 19.9 million increase. |
Growth propellants | Factors contributing to the growth of the Japanese commercial griddle market are:
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Developing Businesses Add an Advantage to the Commercial Griddle Market Diminuendos
Utilizing technological advancements, new players in the commercial griddle market are introducing novel products and gaining a competitive edge. To keep up with shifting consumer preferences and end-use sector expectations, these businesses continually make investments in Research and Development (R&D). The commercial griddle sector is being supported by efforts to strengthen its position in the forum.
Start-up Company | June |
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Country | United States |
Description | The first company to provide smart top ovens online in June. The oven's sensors automatically set the temperature after determining the weight. Its app offers features including meal planning, video monitoring, and intelligent notifications. Users of iOS and Android devices can download the app. |
Start-up Company | Pune Kitchen |
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Country | India |
Description | An established brand from Pune is Pune Kitchen. Pune Kitchen, established in the year 2006, is one of the well-known producers and exporters of a wide range of kitchen appliances for both domestic and commercial settings, with projects done across India. We deal with a variety of goods. such as kitchen equipment, commercial chimneys, exhaust hoods, residential kitchen equipment, Hot Brian Marie, Wadapav Counter Hotel Table, Deep Fat Fryers, Dough Kneader, Tandoor, Washing Sink, Wet Masala Grinder, Bulk Cooker, Tilting Braising Pan, Sandwich Griller, Steam Cooking Vessels, Electric Pizza Oven, and many more. |
From Pancakes to Fajitas: AB Electrolux, Ali Group Srl, and Avantco Equipment are Hogging the Commercial Griddle Market
Asia-Pacific, the Middle East, Africa, and Europe are just a few of the regions where AB Electrolux conducts business. The business provides a large selection of commercial griddles, such as the Libero Point, 3 unit freestanding counter, Libero Point, 3 HP unit freestanding counter, and 3 unit freestanding refrigerated counter.
Ali Group Srl currently operates through Contract, Distribution & Service, Ice Cream and Beverage Dispense, Ice Makers, Coffee Machines, and Cooking, Bakery, Meal Delivery, Preparation, and Storage Solutions. A variety of gasoline and electric griddles are available from the firm, including the E9941, E3741, LD5, LD6, G9541, G9541CR, E9541, and G3441R.
Through its Unified division, Avantco Equipment does business. A detachable grease pan and heavy-duty stainless steel structure with 3 high sides and backsplashes are among the company's several griddles that are simple to use. Avantco EG16N 16 Electric Countertop Griddle - 120V and Avantco AG36MG 3 Countertop Gas Griddle with Manual Controls - 90,000 BTU are a couple of the griddles in this group.
Recent Developments
The growth outlook for the commercial griddle market is predicted to advance at a CAGR of 4.7% from 2023 to 2033.
The United States is anticipated to lead the commercial griddle market during the forecast period.
The commercial griddle market is likely to hold a valuation of USD 834.2 Million by 2033.
1. Market - Executive Summary 2. Market Overview 3. Market Background and Foundation Data 4. Global Demand (Units) Analysis and Forecast 5. Global Market - Pricing Analysis 6. Global Market Value (USD million) Analysis and Forecast 7. Global Market Analysis and Forecast, By Operation 7.1. Gas operated 7.2. Electrically operated 8. Global Market Analysis and Forecast, By Installation Type 8.1. Freestanding 8.2. Tabletop 9. Global Market Analysis and Forecast, By Plate Material 9.1. Ceramic Glass 9.2. Steel 9.3. Chromated Steel 10. Global Market Analysis and Forecast, By Plate Type 10.1. Flat 10.2. Ribbed 10.3. Mixed 11. Global Market Analysis and Forecast, By End User 11.1. Food Service Sector 11.2. Food Processors 11.3. Institutions 11.3.1. Schools & Universities 11.3.2. Hospitals 11.3.3. Office Spaces 11.3.4. Others 12. Global Market Analysis and Forecast, By Sales Channel 12.1. Offline 12.2. Online 13. Global Market Analysis and Forecast, By Region 13.1. North America 13.2. Latin America 13.3. Europe 13.4. East Asia 13.5. South Asia & Oceania 13.6. Middle East & Africa 14. North America Market Analysis and Forecast 15. Latin America Market Analysis and Forecast 16. Europe Market Analysis and Forecast 17. East Asia Market Analysis and Forecast 18. South Asia & Oceania Market Analysis and Forecast 19. Middle East & Africa Market Analysis and Forecast 20. Country-level Market Analysis and Forecast 21. Market Structure Analysis 22. Competition Analysis 22.1. AB Electrolux 22.2. Ali Group Srl 22.3. Avantco Equipment 22.4. Cooking Performance Group 22.5. FUJIMAK Corp. 22.6. Illinois Tool Works Inc. 22.7. Kuppersbusch Großkuchentechnik GmbH & Co. KG 22.8. SIMCO Group 22.9. The Middleby Corp. 22.10. The Vollrath Co. LLC 22.11. Welbilt Inc. 23. Assumptions & Acronyms Used 24. Research Methodology
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