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The demand for hot dogs and sausages is gaining traction in the regions such as the Americas, China, Japan, and India and it has been observed that the consumption of hot dogs increases especially during occasions such as Memorial Day, Independence Day, and Labor Day. Technavio’s market research report has identified the growing demand for hot dogs as one of the primary factors that will fuel the growth of the commercial hot dog equipment market in the coming years. With the growing number of health-conscious customers, the recent years witnessed a rise in the demand for organic hot dogs and sausages. Additionally, the growing number of sports events will also increase the demand for hot dogs and sausages, driving market growth. Our market research analysts predict that this global market will register a revenue of more than USD 50 million 2021.
The introduction of equipment with better features is one of the key trends that will contribute to the growth of the commercial hot dog equipment market. With rising competition, the vendors are concentrating on developing equipment equipped with improved features. Such equipment utilize aligning chains which helps in ensuring noise-free and smooth functioning and also eliminates the challenge of chain slippage. Moreover, these hot dog machines also use a high-torque motor for improving efficiency. With the introduction of such equipment, the demand for hot dog machines will increase in the coming years, fueling market growth.
The commercial hot dog market is marginally fragmented with the presence of several vendors. The established vendors hold the majority share in the market and they compete on parameters such as design, durability, quality, efficiency, aftersales services, and brand equity. With increasing advancements and specialization, the companies sustain the competitive environment in the hot dog machine market.
The leading vendors in the market are-
The other prominent vendors in the market are Admiral Craft Equipment, Antunes, Avantco Equipment, Crown Verity, Deuster, Equipex, Great Northern Popcorn, Globe Food Equipment, Gold Medal Products, Restaurant Equippers, Roband Australia, ROLLER GRILL INTERNATIONAL, Rollover, Semak Australia, and Sirman.
During 2016, commercial hot dog roller grills segment accounted for the major shares of the hot dog machine market. This segment is witnessing tremendous growth due to the factors such as compact dimensions, single-button operations, and high-torque motor. Moreover, the cooking capacity of a commercial hot dog roller grill is much quicker than any other equipment.
This market study estimates that in terms of geographic regions, the Americas will be the major revenue contributor to the commercial hot dog equipment market throughout the forecast period. Several sporting events and occasions in this region will drive the growth of the market. Moreover, the demand for healthy hot dogs due to the increasing number of health-conscious consumers will also drive the hot dog machine market positively.
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
PART 05: MARKET LANDSCAPE
PART 06: MARKET SIZING
PART 07: FIVE FORCES ANALYSIS
PART 08: MARKET SEGMENTATION BY PRODUCT
PART 09: REGIONAL LANDSCAPE
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
PART 12: MARKET TRENDS
PART 13: VENDOR LANDSCAPE
PART 14: 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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