Key vendors to launch innovative, energy-efficient products to gain market shares.
Technavio, a company that develops over 2000 pieces of research every year and covers more than 500 technologies across 80 countries, has announced the top five vendors for the global commercial toaster market in their latest research report. This report also lists nine other prominent vendors who are expected to contribute to this market’s growth between 2017-2021.
Competitive vendor landscape
The global market for commercial toasters is highly fragmented in nature. The market is characterized by the presence of many vendors around the globe, which include both international and regional players. Vendors in the market space compete on the basis of pricing, technology, and improved features of the toasters in order to gain competitive advantages. The prevailing market for used toasters is one of the key challenges hindering the growth of the global commercial toaster market.
According to Manjunath Reddy, a lead analyst at Technavio for research on food, “Vendors in the market are coming up with new technologies such as the Holman technology, which allows air into the toaster and does not heat up the toaster, thereby increasing efficiency. Vendors are also focusing on offering commercial toasters with better design and features, which help in decreasing the toasting time, making them energy-efficient.”
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Top five vendors in the commercial toaster market space
APW Wyott
APW Wyott engages in the provision of quality food service equipment (FSE) to end-users in the foodservice, hospitality, retail, and institutional markets. It has a large collection of commercial kitchen equipment for cooking, toasting, and warming. The company’s products are distributed in countries such as the US, Australia, Canada, Ireland, Mexico, New Zealand, and the UK.
Key products: Conveyor toaster, Bun grill toaster, Bagel master, and Energy-saving toaster.
Hatco
Hatco manufactures a wide range of products like commercial cooking equipment, in which commercial conveyor toasters are offered to meet the needs of high-volume bread and bun toasting. The products manufactured by the company undergo several checks and tests to meet the rigid performance standards.
Key products: Intelligent Toast-Qwik narrow conveyor toaster, Intelligent Toast-Qwik conveyor toaster series, Toast King conveyor toaster series, Toast-Qwik conveyor toaster series, and Pop-up toasters.
Star Manufacturing International
Star Manufacturing International is involved in manufacturing and marketing commercial FSE to foodservice establishments. It offers commercial cooking equipment like commercial conveyor and commercial pop-up toasters. It also provides after-sales service to its customers.
Key products: QCS2 series conveyor toasters, QCSe3 series conveyor toasters, QCS Bagel Fast Toasters, Horizontal and vertical toasters, and Holman pop-up toasters.
Waring Commercial
Waring Commercial is one of the leading manufacturers of professional-quality appliances for the home, foodservice, and laboratory industries. It manufactures culinary appliances in two product segments – Waring Pro and Waring Commercial.
Key products: 2- and 4-slot pop-up toasters and Conveyor toasters.
Toastmaster
Toastmaster is one of the leading producers of commercial cooking equipment. It provides a large product portfolio under various segments like cooking equipment, toasters, sandwich grills, food servers, and heaters or proofers. It has international distributors in the Americas, EMEA, and APAC.
Key products: Conveyor Toaster TC17D, Conveyor Toaster TC21D, Two Slot Pop-Up toaster, Four Slot Pop-up toaster, Bun & Bagel Toaster, and Combo Toaster.
A more detailed analysis is available in the Technavio report, Global Commercial Toaster Market 2017-2021. Technavio also customizes reports by other regions and specific segments upon request.
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