Technavio, a tech-focused market research firm, has published a new report on the global electric griddle market, which is expected to grow at a CAGR of more than 4% during the forecast period, 2017-2021.
Based on geographical segmentation, Technavio’s market researchers categorize the global electric griddle market into the following key regions: APAC, Europe, North America, and ROW.
Source: Technavio
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Top three contributors for the global electric griddle market are elaborated below
Electric griddle market in North America: The market for electric griddles is flourishing in North America owing to the increased demand for food prepared on electric griddles and the availability of new innovative technologies. Electric griddles with two to eight burners and thermostatic controls are the more popular product segments in the electric griddle market in North America.
According to Abhay Sinha, a lead analyst at Technavio, “Companies like Garland provide high-quality electric griddles with features such as digital controls, touchscreen, and a pre-programmable menu that can uploaded via universal serial bus (USB).”
Electric griddle market in Europe: The market’s growth in Europe is attributable to factors such as the change in consumer preferences and the increase in the frequency of dining out. The increase in international tourism and the subsequent growth in the hotel industry in Europe are expected to be the key incentives for the growth of the market in this region during the forecast period.
Electric griddle market in APAC: Large investments in the region by foodservice establishments is the fundamental driving force behind the growth of the electric griddle market in APAC. In APAC, especially in China, Japan, and Hong Kong, teppanyaki electric griddles models are popular in addition to the countertop and floor models.
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The top vendors operating in the global electric griddle market are:
- Lang World
- Garland
- Vulcan
- Star Manufacturing
- Waring
Other prominent vendors in the market include Equipex, Globe Food Equipment, Imperial Commercial Cooking Equipment, MagiKitch’n, Toastmaster, Wells Bloomfield, and Wolf.
A more detailed analysis is available in the Technavio report titled, ‘Global Electric Griddle Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
Other related reports:
- Global Commercial Charbroilers Market 2016-2020
- Global Commercial Blast Chillers Market 2016-2020
- Global Commercial Electric Fryer Market 2016-2020
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