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Global Commercial Kettles and Braising Pans Market 2019-2023| Versatility Offered by Commercial Braising Pans to Boost Demand| Technavio

January 7, 2019

LONDON--(BUSINESS WIRE)--Jan 7, 2019-- analysts forecast the global commercial kettles and braising pans market to grow at a CAGR close to 6% during the forecast period, according to their latest market research report.

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Technavio forecasts the global commercial kettles and braising pans market to grow at a CAGR close to 6% by 2023. (Graphic: Business Wire)

The growing end-user preference toward commercial kettles and braising pans with improved control and safety features is one of the major trends being witnessed in the . Foodservice establishments prefer cooking equipment such as commercial kettles and braising pans with advanced features to ensure more control over cooking activities. This has also encouraged the vendors of commercial kettles and braising pans to offer the equipment with improved features. It is mainly achieved by integrating automated features into the commercial kettles and braising pans. For instance, Ali Group offers Proveno 3G 60E commercial kettles, which offer unlimited programming options and customizable user settings. The customizable user settings help the end-users to program their unique recipes in the equipment. Therefore, during the forecast period, the growing end-user inclination toward commercial kettles and braising pans with improved control and safety features may influence the accelerated growth momentum of the market during the forecast period.

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According to Technavio analysts, one of the key factors contributing to the growth of the global commercial kettles and braising pans market is the versatility offered by commercial braising pans:

Global commercial kettles and braising pans market: Versatility offered by commercial braising pans

Commercial braising pan is one of the versatile commercial foodservice equipment available in the market. Commercial braising pan can function as oven, griddle, fryer, steamer, and warming units. This includes braising or roasting food products, cooking stew, preparing soup stalk, cooking breakfast items, steaming vegetables, preparing sausage and pancakes and preparing fish products. So, commercial braising pan offers greater flexibility to the end-users and helps them expand their food offerings. It also helps end-users save space in their commercial kitchens by overcoming the need to install multiple units of foodservice equipment. This makes commercial braising pans an ideal option for foodservice establishment with limited kitchen space. Therefore, the versatility offered by commercial braising pans helps in cost saving and expanding menu offering, thereby increasing the overall profitability of the foodservice establishments. This, in turn, will fuel the growth of the market during the forecast period.

According to a senior analyst at Technavio for research on food service, “Apart from versatility offered by commercial braising pans, other factors boosting the growth of the global market are growing end-user inclination toward electric models of commercial kettles and braising pans, new product launches, increasing number of end-users, and growing preference toward energy-efficient models of food service equipment.”

Global commercial kettles and braising pans market: Segmentation analysis

The global commercial kettles and braising pans market research report provides market segmentation by product (commercial kettles and commercial braising pans), and by region (the Americas, EMEA, and APAC). It provides an in-depth analysis of the prominent factors influencing the market, including drivers, opportunities, trends, and industry-specific challenges.

The Americas held the largest share of the market in 2018, accounting for close to 38% share, followed by the EMEA and APAC respectively. Although APAC held the smallest share of the market, it is expected to witness the maximum increase in its market share over the forecast period followed by the EMEA region.

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Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

Market ecosystem Market characteristics Market segmentation analysis

Market Sizing

Market definition Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

Regional comparison Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

Vendors covered Vendor classification Market positioning of vendors Competitive scenario

About Technavio

is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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View source version on businesswire.com:https://www.businesswire.com/news/home/20190106005165/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

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www.technavio.com

KEYWORD:

INDUSTRY KEYWORD: HOME GOODS RETAIL FOOD/BEVERAGE

SOURCE: Technavio Research

Copyright Business Wire 2019.

PUB: 01/07/2019 02:16 AM/DISC: 01/07/2019 02:16 AM

http://www.businesswire.com/news/home/20190106005165/en

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