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Global Countertop Griddle Market 2017-2021

  • Published: Apr 2017
  • Pages: 70
  • SKU: IRTNTR12701
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This market research report identifies suppliers like Lang World, Garland Group, Star Manufacturing International, and Vulcan to be the key vendors in the global countertop griddle market. It also presents a detailed segmentation of the global market by source of heat (electric and gas), and by geography (the Americas, APAC, and EMEA).

Overview of the global countertop griddle market

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.

Competitive landscape and key vendors

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 –

  • Lang World
  • Garland Group
  • Star Manufacturing International
  • Vulcan

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.

Segmentation by source of heat and analysis of the countertop griddle market

  • Countertop electric griddle
  • Countertop gas griddle

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.

Geographical segmentation and analysis of the countertop griddle market

  • Americas
  • APAC
  • EMEA

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.

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 countertop griddle market?
  • What are the key market trends impacting the growth of the global countertop griddle market?
  • What are the challenges to market growth?
  • Who are the key vendors in the global countertop griddle market?
  • What are the market opportunities and threats faced by the vendors in the global countertop griddle 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 countertop griddle market? 

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Table of Contents

PART 01:  Executive summary

PART 02:  Scope of the report

PART 03:  Research Methodology

PART 04:  Introduction

  • Key market highlights

PART 05:  Market landscape

  • Market overview
  • Market size and forecast
  • Five forces analysis

PART 06:  Market segmentation by source of heat

  • Market segmentation by source of heat
  • Global countertop electric griddle market
  • Global countertop gas griddle market

PART 07:  Geographical segmentation

  • Global countertop griddle market by geography
  • Americas
  • EMEA
  • APAC

PART 08:  Market drivers

  • Growing demand for food prepared on griddles
  • Increasing focus on production efficiency
  • Influx of new products with advanced features

PART 09:  Impact of drivers

PART 10:  Market challenges

  • Prevailing market for used countertop griddles
  • Reduced efficiency due to carbonization of grease
  • High preference for alternative products

PART 11:  Impact of drivers and challenges

PART 12:  Market trends

  • Growing preference for thick griddle plates
  • Growing demand for griddles with high production efficiency
  • Technological advancements

PART 13:  Vendor landscape

  • Competitive landscape

PART 14:  Key vendor analysis

  • Lang World
  • Garland Group
  • Star Manufacturing International
  • Vulcan
  • Other prominent vendors

PART 15:  Appendix

  • List of abbreviations

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.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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