According to Future Market Insights, the commercial panini grills market reached a valuation of USD 10.35 million in 2023 and is projected to grow at a CAGR of 4.9% between 2023 and 2033. Panini grills are excellent additions to any cafe or restaurant seeking to serve perfect grilled panini sandwiches.
The easy-to-use design, sturdy build, and convenient features of this panini grill will ensure its success in the kitchen.
Commercial-quality panini presses are commonly found in cafes that serve paninis and quesadillas. Despite their name, panini presses aren't just for toasting sandwiches. They can also be used as sandwich presses or panini machines. Apart from melting cheese, these machines prepare other meats as well, steaks, burgers, and chicken breasts.
Panini grills equipped with electric power are more commonly found in commercial settings, such as cafes. The heating source of this equipment is powered by electric current, hence making it more efficient and faster to operate.
As an alternative to using the flat surface of the griddle, small quantities of grilled veggies or other ingredients for stir-fry can simmer open on the griddle. Even machines with heavy plates have been used to operate microgriddle stations with ventilation hoods.
Aside from being incredibly easy to use, this commercial panini grill also offers a variety of features. Due to the growing demand for sensors that indicate cooking time, this appliance is equipped with a floating hinge that makes it easy to grill evenly and cook food more quickly. Additionally, the compact design and lightweight construction of this device make it easy to transport and store.
Data Points | Key Statistics |
---|---|
Estimated Base Year Value (2022) | USD 10 million |
Expected Market Value (2023) | USD 10.35 million |
Anticipated Forecast Value (2033) | USD 16.7 million |
Projected Growth Rate (2023 to 2033) | 4.9% CAGR |
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
According to Future Market Insights (FMI), commercial paninis grill sales will grow at a CAGR of 4.9% from 2023 to 2033, reaching USD 16.7 million. The sales of the company increased by a CAGR of 3.4% from 2018 to 2022, indicating a significant increase in their market share.
The restaurant industry around the world that specializes in providing sandwiches and other food items that can be grilled on panini grills is constantly in search of grill technology that will provide consistent cooking in a short amount of time in order to provide their customers with quality food they expect.
Moreover, the operational efficiency of food service establishments is another thing that is considered to be one of the major requirements.
With the advent of integrated LCD display panels and keyless timer settings, the demand for panini grills has skyrocketed, promoting greater ergonomics. In Manufacturers of commercial panini grills are seeking to incorporate innovative features such as removable plates for easy cleaning and the capability to cook in different ways, including grilling, baking, and pressing.
Furthermore, new products with advanced features and an increase in kitchen equipment demand are expected to create new market opportunities for commercial panini grills.
Growth of the energy-efficient equipment market will boost sales of commercial panini grills
Healthy eating has become more popular among consumers, benefiting the Panini Grill market since it offers a healthier alternative to traditional grilling in the market. Increasing demand from the hospitality sector is expected to drive the growth of the commercial panini grill market during the forecast period.
Consumer preferences for fast food and snacks are increasing, specialty sandwiches are becoming more popular, and quick-service restaurants are multiplying. These factors contribute to the growth of commercial panini grills in the global market. A low-cost and energy-efficient model offering will further drive market growth.
Advancements in Technologies will grow demand for Commercial Panini Grills
Using nonstick plates to facilitate removing the food and simplify cleanup has significantly grown demand for the commercial panini grill market. Panini grills come in several different types. Some of them feature temperature controls so consumers can adjust the heat to ensure that the food is cooked evenly.
Some commercial panini grills have an auto-shutoff feature that plays a key role in preventing overcooking or burning of the food that is placed on the grill. Using a commercial panini grill with a timer can be a very useful feature, allowing users to quickly and easily cook their food for a set period of time.
The grill maintains a constant temperature throughout its cooking cycle with automatic temperature control. Therefore, most busy restaurants and cafes opt for this type of grill machine, thereby increasing sales of the equipment in the market.
When it comes to commercial panini grills, a digital display can prove to be a useful feature. Among its many features, it is able to control temperature accurately, set a timer, and do a wide variety of other things.
A panini press may be constructed from a variety of materials, including aluminum, cast iron, and non-stick. Despite being able to heat up fast, aluminum plates are not as durable as other materials. Despite their durability and heat retention, cast iron plates are relatively heavy and can take a long time to heat up.
NSF-approved plates can be easily cleaned but they may not be able to handle frequent use as effectively. In addition to plate design, there are also a variety of options to consider, such as grooved or smooth plates, or a combination of both. In addition, the cost of these machines will rise, while maintenance costs will also skyrocket, further limiting the market's growth.
There is a constant change in consumer preferences, and manufacturers need to maintain a competitive edge by keeping up with these changes. Identifying fads and trends can be challenging due to their unpredictable nature.
In an effort to minimize their environmental impact, manufacturers are under increasing pressure to produce sustainable products. It can be challenging to use sustainable materials and methods when using traditional manufacturing methods.
The increasing popularity of grilled sandwiches will drive the growth of commercial panini grills
According to estimates, North America will have the highest growth in the panini grill market. During the forecast period, the market is expected to grow at a CAGR of 4.2% from 2023 to 2033.
Over the past few years, panini grills have been a popular choice among North American restaurants, cafes, and commercial kitchens. The popularity of fast-casual dining and the growing trend toward healthier and fresher foods has led to a rise in the popularity of panini grills over the past few years.
It has become inevitable in modern society to have a fast-paced life as well as lifestyle changes, which has created an increased need for sandwiches that have contributed to a growth in commercial panini grills.
As commercial panini grills are getting more and more popular in North America, the market is expected to remain steady in the coming years as the demand remains stable. Depending on the market conditions, economic factors, consumer preferences, and other factors influencing the market, the growth rate varies across different countries.
Panini Grill is widely regarded as the market leader in Europe
Europe is expected to be the fastest-growing region of the world between 2023 and 2033 with a compound annual growth rate of 3.4%. A growing number of restaurants and snack bars is driving the demand for these grills in developed nations such as Germany and the United Kingdom.
Additionally, it is anticipated that increasing disposable income coupled with an increase in the amount of population in the region over the forecast period will spur demand for fast food, which will further push revenues and sales over the forecast period.
Over the next seven years, Panini's high nutritional content combined with consumer awareness about health benefits will continue to drive growth. Commercial panini grills are expected to grow in demand over the coming years as the demand for non-vegetarian sandwiches increases.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
Panini Grills made of Aluminum are expected to Grow Significantly in Sales
Increasing demand for quick and easy meals in commercial settings, such as sandwiches, is driving the growth of the market. Furthermore, the growth in the number of restaurants and fast-food chains is also expected to increase the demand for commercial grills in the future.
Aluminum commercial panini grills are one of the most popular types of commercial grills available today and are used widely in commercial kitchens, catering businesses, and restaurants around the world to prepare paninis and other food items.
Aluminum is the most preferred material for commercial grills because it is lightweight, easy to transport, and storable. Furthermore, it has excellent heat conduction properties, which makes it the ideal material for rapid and even cooking. The long life and corrosion resistance of aluminum makes it a preferred material for commercial grills.
A Higher Level of Quick-service Restaurant Sales is Expected to Grow in the Coming Years
By 2023, the market for commercial panini grills will account for 43% of the market for quick-service restaurants. As consumers increasingly opt for grilled sandwich options, panini grills might become more popular at QSRs. Healthier, fresher and more customized food options may be among the factors driving this trend.
In addition to having panini sandwiches on a QSR's menu, the availability of panini grills could also greatly increase demand for them. QSRs may need to invest in additional panini grills in order to keep up with consumer demand in order to create compelling panini offerings that are popular with consumers.
In addition to considering operational implications, QSRs will be required to incorporate panini grills into their kitchens. Grills may require more space, more staff to operate them, and equipment that requires more money.
A variety of factors will affect the growth in demand for panini grills at QSRs, including consumer preferences, menu options, and operational considerations. As QSRs develop tasty panini selections, the market for panini grills is likely to grow in these types of establishments as their panini offerings become more popular.
Several start-up companies have been active in the Panini grill market in recent years, including
A strategic partnership can help manufacturers increase revenue and market share by increasing production and meeting customer demands. Improved technology will benefit end users through the introduction of a new product or technology. Increasing an organization's production capacity can be achieved through partnering with another company.
Report Attribute | Details |
---|---|
Market Value in 2023 | USD 10 Million |
Market Value in 2033 | USD 10.35 Million |
Growth Rate | CAGR of 4.9% from 2023 to 2033 |
Base Year for Estimation | 2022 |
Historical Data | 2018 to 2022 |
Forecast Period | 2023 to 2033 |
Quantitative Units | Revenue in USD Million and CAGR from 2023 to 2033 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
Segments Covered | Type, End-User, Region |
Regions Covered | North America; Latin America; Europe; Asia Pacific; Middle East & Africa |
Key Countries Profiled | USA, Canada, Brazil, Mexico, Germany, United kingdom, France, Spain, Italy, China, Japan, South Korea, Australia, New Zealand, GCC, South Africa, Israel |
Key Companies Profiled | Sirman; The Vollrath Company; Cadco; Hatco; Globe Food Equipment; Sammic; Eurodib; Grindmaster-Cecilware; Nemco Food Equipment; Avantco Equipment; Star Manufacturing International; Anvil |
Customization | Available Upon Request |
The market is valued at USD 10.35 million in 2023.
From 2018 to 2022, the market's sales advanced at a CAGR of 3.4%.
The market is forecast to register a CAGR of 4.9% through 2033.
The market is going to dominate 43% of the quick-service restaurant sector by 2023.
The market is estimated to reach USD 16.7 million by 2033.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Type 5.1. Cast Iron Panini Grills 5.2. Aluminium Panini Grills 5.3. Glass Panini Grills 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End User 6.1. Full Service Restaurants 6.2. Quick Service Restaurants 6.3. Bars and Clubs 6.4. Hotels 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 7.1. North America 7.2. Latin America 7.3. Europe 7.4. Asia Pacific 7.5. Middle East & Africa 8. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 9. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 10. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11. Asia Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13. Key Countries Market Analysis 14. Market Structure Analysis 15. Competition Analysis 15.1. Sirman 15.2. The Vollrath Company 15.3. Cadco 15.4. Hatco 15.5. Globe Food Equipment 15.6. Sammic 15.7. Eurodib 15.8. Grindmaster-Cecilware 15.9. Nemco Food Equipment 15.10. Avantco Equipment 15.11. Star Manufacturing International 15.12. Anvil 16. Assumptions & Acronyms Used 17. Research Methodology
Industrial Automation
February 2024
REP-US-1305
333 pages
Process Automation
April 2023
REP-GB-17008
300 pages
Explore Process Automation Insights
View Reports