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The commercial food scales market size is estimated to grow at a CAGR of 3.82% between 2023 and 2028. The market size is forecast to increase by USD 129.26 million. The growth of the market depends on several factors, such as the cost-effectiveness of food scales, eating healthier, and possibly losing weight, and the growing number of commercial food establishments. Our report examines historical data from 2018 - 2022, besides analyzing the current market scenario.
This report extensively covers market segmentation by type (mechanical and digital), distribution channel (offline and online), and geography (APAC, North America, Europe, South America, and Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges.
Commercial Food Scales Market Forecast 2024-2028
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Our researchers studied the data for years, with 2023 as the base year and 2023 as the estimated year, and presented the key drivers, trends, and challenges for the market. Although there has been a disruption in the growth of the market during the COVID-19 pandemic, a holistic analysis of drivers, trends, and challenges will help companies refine marketing strategies to gain a competitive advantage.
It is essential to have consistency to have success in any industry, especially in the food manufacturing industry. Therefore, high-quality food products must be produced consistently in order to gain credibility. In addition, the food quality will be significantly impacted by the weight of the ingredients used. Besides guaranteeing consistency in the flavor and quality of products, scaling assists in controlling portion sizes for a fair distribution of food or meals and prevents waste.
Moreover, commercial scales are far more accurate than measuring with cups and jugs in commercial establishments such as restaurants. In addition, scales for weighing can aid in minimizing food waste. Furthermore, there may be significant waste or financial losses if commercial food stores do not employ precise weighing scales. Therefore, commercial food scales will help the commercial food sector to keep within budget and guarantee that they are packaging or serving the right amount of food. Hence, such factors are driving the market growth during the forecast period.
There has been intense competition in the global commercial food scales market over the years. In addition, growing innovation and technological advances have changed consumer preferences and propelled the demand for innovative products. Furthermore, customers also look for appliances that are eco-friendly, have a user-friendly interface, and can perform tasks with minimum energy.
Moreover, this has forced the market players to continually engage in research and development and innovation to sustain themselves in the competitive market environment. In addition, the global commercial food scales market witnesses major product innovations in terms of technology, features, performance, and design. Furthermore, the market is also witnessing huge demand for commercial food scales that are capable of not only performing tasks smartly but also helping in giving insights. Hence, such factors are driving the market growth during the forecast period.
Counterfeiting is a tremendously profitable business, with criminals depending on sustained demand for low-cost goods in combination with reduced production and distribution costs. In addition, people usually buy counterfeit products due to the easy accessibility of such products in the market. Furthermore, these counterfeit products are mostly sold in underdeveloped and developing countries such as India, where consumers want to save a large portion of the money than the original product.
Moreover, the risk of counterfeiting is also involved in the global commercial food scales market, where fraudsters offer lucrative prices of food scales to the end-users. Therefore, counterfeiting can hamper the revenue generation of market players operating in the global market, which, in turn, can negatively affect the growth of the market. Hence, such factors can hinder the market growth during the forecast period.
The mechanical segment is estimated to witness significant growth during the forecast period. The mechanical scale can be referred to as the type of weighing device which uses a spring and pointer to measure weight. In addition, for each unit of weight applied to the scale, the spring is calibrated so that the pointer moves a certain distance. Furthermore, a beam with weights that can move along the beam to counteract the measuring weight is also being used in the commercial food sector.
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The mechanical segment was the largest segment and was valued at USD 361.17 million in 2018. Moreover, a mechanical scale, often known as an analog scale, is a device that runs off on no power. In addition, it is easy to operate and has a straightforward mechanism. Furthermore, when compared to digital scales, mechanical scales are often more affordable and have a fixed cost. Therefore, mechanical scales are expected to fuel the growth of the mechanical segment, which in turn will drive the growth of the global commercial food scales market during the forecast period.
Based on the distribution channel, the segment is classified into offline and online. The offline segment includes hypermarkets, specialty stores, and more. In addition, sales through the offline distribution channel have declined gradually owing to the shift in consumer preference for shopping through the online platform. Moreover, to drive sales through offline channels, market players are directing their sales through local retail entities. Furthermore, although the offline distribution channel is losing its popularity, extensive marketing activities will fuel sales through the offline channel at a steady rate. Hence, such factors are fuelling the growth of this segment which in turn will drive the market growth during the forecast period.
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APAC is estimated to contribute 40% to the growth by 2027. Technavio’s analysts have elaborately explained the regional trends, drivers, and challenges that are expected to shape the market during the forecast period. The APAC region is expected to grow significantly in the global commercial food scales market due to the necessity of the production of safe and high-quality food products. In addition, achieving consistency in recipes needs careful consideration of weight. Furthermore, it is also essential for legal requirements, nutrition, and packaging. Moreover, the commercial food scales market in the region is fuelled by the growing middle-class population and their increasing disposable income, the availability of a wide range of commercial food scales online at competitive prices and the growing organized retail sector expanding the visibility of high-end product offerings. In addition, emerging economies such as China and India are expected to register an increased demand due to growing awareness about the benefits of using food scales in the commercial sector. Hence, such factors are fuelling the growth of the market in APAC during the forecast period.
In 2020, during the COVID-19 pandemic, the growth of the global commercial food scales market witnessed a significant slowdown due to the halt in various household appliance production for several months in North America. However, in 2021, the initiation of large-scale vaccination drives lifted the lockdown and travel restrictions, which led to the restoration of operations in production units. Such factors are expected to drive the market during the forecast period.
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Ali Group S.r.l. a Socio Unico: The company offers commercial food scales such as the EDPZ-20 Bluetooth Wireless Digital Pizza Speciality Scale, BRV-HP30 High Profile Digital Scale with ClearShield, BRV-160 Digital Portion Scale and many more through its subsidiary Edlund Co
We also have detailed analyses of the market’s competitive landscape and offer information on 20 market companies, including:
A and D HOLON Holdings Co. Ltd., American Chemical Society, AMETEK Inc., Bizerba SE and Co. KG, Cardinal Scale, Doran Scales Inc, Essae Teraoka Pvt. Ltd., Globe Food Equipment Co., Hobart Corp., Ishida Co. Ltd., OXO International Ltd., Precision Electronic Instruments Co., Thermor Ltd., Vetta Macchi srl, W. W. Wedderburn Pty Ltd., Yamato Scale GmbH, Camry Scale Store, Lifetime Brands Inc., and TScale Electronics Mfg Co. Ltd.
Technavio report provides an in-depth analysis of the market and its players through combined qualitative and quantitative data. The analysis classifies companies into categories based on their business approaches, including pure-play, category-focused, industry-focused, and diversified. Companies are specially categorized into dominant, leading, strong, tentative, and weak, based on their quantitative data analysis.
The commercial food scales market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028.
Commercial Food Scales Market Scope |
|
Report Coverage |
Details |
Page number |
146 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 3.82% |
Market Growth 2024-2028 |
USD 129.26 million |
Market structure |
Fragmented |
YoY growth 2023-2024(%) |
3.33 |
Regional analysis |
APAC, North America, Europe, South America, and the Middle East and Africa |
Performing market contribution |
APAC at 40% |
Key countries |
US, Canada, China, Japan, and India |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
A and D HOLON Holdings Co. Ltd., Ali Group S.r.l. a Socio Unico, American Chemical Society, AMETEK Inc., Bizerba SE and Co. KG, Cardinal Scale, Doran Scales Inc, Essae Teraoka Pvt. Ltd., Globe Food Equipment Co., Hobart Corp., Ishida Co. Ltd., OXO International Ltd., Precision Electronic Instruments Co., Thermor Ltd., Vetta Macchi srl, W. W. Wedderburn Pty Ltd., Yamato Scale GmbH, Camry Scale Store, Lifetime Brands Inc., and TScale Electronics Mfg Co. Ltd. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this market research report to meet your requirements. Get in touch
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Distribution Channel
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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