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Technavio’s market research analyst predicts the global countertop griddle market to grow steadily at a CAGR of around 6% by 2021. One of the major drivers responsible for the growth of this market is the influx of new products with advanced features. Several manufacturers of countertop gas griddles are providing aesthetically appealing designs with varied temperature ranges and different kinds of improved innovative countertop gas griddles to the end-users. Also, few vendors in the market are providing high-end countertop griddle brands that have automatic reignition wherein the reignition system ensures that all the burners are not struck at the same time. The extremely low temperatures provided by the burners help in melting delicate foods, like chocolate, even without a double-boiler. Electric griddle plates are mostly made of cast iron, aluminum or stainless steel. The innovations in the griddle plate material are based on various parameters like heat transfer, heat recovery, non-stick coating performance, price, and emissions. These constantly improving features in the countertop griddle will propel the global countertop griddle market in the coming years.
One of the latest trends gaining traction in this market is the growing preference for thick griddle plates. Most end-users operating commercial electric griddles are specific about the type of griddle plate while purchasing griddles. Thick griddle plates are more durable as these plates can tolerate heavy use, which means that they can continuously be used to prepare frozen food at high temperatures without showing signs of wear and tear. Another advantage of the thick griddle plate is the even distribution of heat on the griddle plate surface, which minimizes the chances of cold spots on the plate surface. Moreover, the capability of thick griddle plates to have excellent heat retention capacity for swift temperature recovery will propel the adoption of thick griddle in the commercial sector. This high rate of adoption, will, in turn, augment the growth of the global countertop griddle market during the forecast period.
The global countertop griddle market is highly fragmented due to the presence of well-established international, regional and local players. Key vendors in the market are trying to provide competitive technologies that would help in maintaining the operational efficiency of griddles. Also, they are constantly focusing on energy-efficient countertop griddle equipment that can integrate a set of technologies to improve the experience of the end-user.
Leading vendors in the market are –
Other prominent vendors in the countertop griddle market include Equipex, Globe Food Equipment, Imperial Commercial Cooking Equipment, MagiKitch'n, Toastmaster, Waring, Wells Bloomfield, and Wolf Equipment.
During 2016, the countertop electric griddle dominated the countertop griddle market and accounted for a major part of the overall market share. The high popularity of the countertop electric griddle among small independent foodservice facilities, steakhouses, and catering companies is the major contributor to the dominance of this segment in the global market.
In this market study, analysts have estimated the Americas to dominate the countertop griddle market during the forecast period. Factors such as the demand for food prepared on countertop griddles and the availability of new innovative technologies in both countertop gas griddles and countertop electric griddles are the key to the growth of the countertop griddle market in the Americas.
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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 segmentation by source of heat
PART 07: Geographical segmentation
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
PART 14: Key vendor analysis
PART 15: Appendix
Tags: electric griddle, electric grill, cooking food, food service industry, food service industry analysis, food and beverage market research,
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