Global Commercial Gas Fryer Market 2017-2021

Overview of the global commercial gas fryer market

Market research analysts at Technavio predict that the global commercial gas fryer market will grow steadily during the forecast and post a CAGR of close to 6% by 2021. This market research analysis recognizes the increasing number of quick service restaurants (QSRs) offering fried foods as one of the primary growth factors for this market. In various emerging economies of the world, commercial gas fryers experience high demand for fast-food, which brings about an increase in QSR outlets.  QSRs such as Burger King, KFC, ChicKing, and Popeye’s Louisiana Kitchen are some of the high demand customers of commercial gas fryers. The high rate at which the demand for commercial gas fryers is rising triggers the the growth of this market.

The market research report identifies the growing preference for gas fryers with built-in filtration systems as one of the key trends behind the growth of this market. With the growing demand for fried food and health awareness among consumers, the establishments are providing built-in filtration systems with gas fryers to prevent the deterioration of the quality of the oil as well as of the food. The oil is cleaned and filtered repeatedly and consequently, by using a good quality filtration system, QSRs can reduce their investment in oil and serve foods without unhealthy debris  . Some of the key vendors have launched gas fryer models with the inbuilt automatic filtration systems, which help increase the efficiency and productivity. Installation of such equipment is cost effective and helps end-users improve their profitability.

Competitive landscape and key vendors

This market is capital intensive and makes it difficult for new players to enter the market. The leading vendors of the global commercial gas fryer market are trying to differentiate their product offerings based on key parameters like efficiency, safety, convenience and frying speed. The vendors are constantly trying to upgrade their offerings and improve the efficiency and quality of products by improving their technology. The prices of raw materials are expected to rise, which may impact the profit margins of the vendors and the cost of the commercial fryer may increase.

The leading vendors in the market are -

• Illinois Tool Works
• Henny Penny
• Ali
• Middleby
•  Welbilt

The other prominent vendors in the market are Admiral Craft Equipment, Alto-Shaam, Avantco Equipment, Electrolux Professional, FUJIMAK, and Grindmaster-Cecilware

Segmentation by product type and analysis of the commercial gas fryer market

• Floor standing gas fryer
• Countertop gas fryer

During 2016, the floor standing gas fryer segment dominated the market. The growth of this industry was triggered due to the ability of this fryer to cater to the large demand during peak hours and their inbuilt filtration systems, which improved the quality of food. Floor standing gas fryer also enabled significant savings on oil in the establishments.

Geographical segmentation and analysis of the commercial gas fryer market

• Americas
• APAC
• EMEA

This market study estimates that in terms of geographic regions, the Americas will be the major revenue contributor throughout the forecast period due to an increased number of establishments in the Americas investing in expansions and renovations. This increase in expansion and renovation will subsequently spur demand for the latest technology gas fryers.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global commercial gas fryer market?
• What are the key market trends impacting the growth of the global commercial gas fryer market?
• What are the challenges to market growth?
• Who are the key vendors in the global commercial gas fryer market?
• What are the market opportunities and threats faced by the vendors in the global commercial gas fryer market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global commercial gas fryer market?

Technavio also offers customization on reports based on specific client requirement.