Global Electric Griddle Market 2017-2021

Global electric griddle market overview

According to the electric griddle market trends and forecast, This market is anticipated to grow at a steady rate and will post a CAGR of more than 4% during the forecast period. Various innovations in griddle plate material will drive the growth prospects for the global electric griddle market until the end of 2021. The innovations in the griddle plate material are based on various parameters such as heat transfer, heat recovery, non-stick coating performance, price, and emissions. Since various manufacturers of electric griddles have introduced innovative plate materials that enhance the operational efficiency and the overall cooking experience, the demand for these products is growing across the globe. In addition, manufacturers also focus on manufacturing stainless steel as they last longer and are suitable for high volume production of different kinds of food items. As a result, stainless steel griddle plates are mostly used to prepare pancakes, bacon, hamburgers, meat preparations, and steaks. Moreover, manufacturers offer chrome plates that are a good conductor of heat, non-stick, can be heated in less time, and exhibit better heat retention and heat recovery. These properties make chrome finished griddle plates useful in preparing delicate items such as fried eggs and pancakes.

In terms of geography, North America accounted for the maximum market share in 2016 and will continue to dominate the market during the next few years as well. One of the major factors responsible for the market’s growth in the region is the increasing consumption of meat preparations such as hamburgers in the US, which is a highly-preferred food item among citizens for breakfast and lunch. Also, electric griddles with two to eight burners and thermostatic controls are significantly popular among end-users in the region. Furthermore, the availability of new innovative technological advancements in electric griddles will also drive the electric griddle market revenue during the forecasted period.

Competitive landscape and key vendors

The global electric griddle market is highly diversified and competitive due to the presence of a large number of regional and international vendors across the globe. These vendors are categorized as champions, market pillars, innovators, and emerging players. It has been observed that improved technology, energy efficiency, cost effectiveness, and pricing are the major factors that the major vendors usually compete on.

Key vendors in this market are -

• Lang World
• Garland
• Vulcan
• Star Manufacturing
• Waring

Other prominent vendors in the market include Equipex, Globe Food Equipment, Imperial Commercial Cooking Equipment, MagiKitch'n, Toastmaster, Wells Bloomfield, and Wolf.

Segmentation by temperature control and analysis of the electric griddle market

• Manual control
• Thermostatic control

The thermostatic control segment is one of the fastest growing segment and will continue to grow in the forthcoming years. Since electric griddle operators can leverage thermostatic control to adjust the heat according to their cooking requirements, they highly prefer thermostatic control products.

Segmentation by plate style and analysis of the electric griddle market

• Steel plates
• chrome plate

The steel plates segment is the most popular type of griddle plates used by various end-users. Some of the major factors responsible for its growing preference among the users include its strength, long lasting property, and easy to clean options.

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 electric griddle market?
• What are the key market trends impacting the growth of the global electric griddle market?
• What are the challenges to market growth?
• Who are the key vendors in the global electric griddle market?
• What are the market opportunities and threats faced by the vendors in the global electric griddle market?
• What are the trending factors influencing the market shares of APAC, Europe, North America, and ROW?
• What are the key outcomes of the five forces analysis of the global electric griddle market?

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