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Bain Maries And Cabinets Market Report Overview
The global bain and maries market size was USD 1192.5 million in 2022 and is expected to reach USD 1718.9 million in 2031, exhibiting a CAGR of 3.7% during the forecast period.
To keep meals, warm for longer periods, bain maries and cabinets are used. It may keep pre-cooked foodstuff at the proper temperature and guarantee that it is ready to eat for a prolonged duration of service by supplying a steady, moderate heat. A commercial bain maries and cabinets sometimes referred to as a water bath or double boiler, is typically a large device that works with gastronorm pans. Gas or electric bain maries come in a broad range of sizes and are quite popular with buffets or self-service areas. They provide wet heat or dry heat choices.
It resembles the conventional double-boiler in many ways. It's also referred to as a water bath. Heat is applied to the water in one container. The water is heated by placing a second, smaller container within the first. Essentially, it is a heated bath that may be utilized for both cooking and long-term food warming. Wet heat bain maries and dry heat bain maries are just two examples of the many cutting-edge product introductions flooding the market area. Over the ensuing few years, market players are likely to be involved in these new products and collaboration between buyers and manufacturers.
COVID-19 Impact: Slowdown of QSR Industry to Slowed Down Market Growth
The rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over. The global COVID-19 pandemic has been unprecedented and staggering, with the bain maries and cabinets market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels.
Many people throughout the world were urged or compelled to stay at home and adhere to physical-distancing rules, leaving vacant the once-bustling eateries and cafes. The COVID-19 pandemic is a global health crisis that will very probably have a serious economic impact as well. The quick-service restaurant sector has been particularly heavily struck and had an impact on the bain maries and cabinets market. Consumer spending on prepared foods, food delivery, and groceries will probably increase after the pandemic compared to pre-pandemic levels, which could create new opportunities in the future.
LATEST TRENDS
"IP Markings on Commercial Bain Maries and Cabinets to Promote Industry Progress"
Commercial bain maries and cabinets with IP markings are a key trend in the market. Commercial bain maries heaters have water chambers with an outside-wrapped heating element. The water chamber's hot water aids in preserving the necessary heat for food safety. Commercial bain maries heaters with an IP designation have a higher level of water resistance. Due to various performance and efficiency benefits offered by IP-Marked bain maries and cabinets, their demand is slated to rise in the forthcoming years.
Bain Maries And Cabinets Market Segmentation
- By Type Analysis
As per the type, the bain maries and cabinets market is classified as follows: Wet Heat Bain Maries and Dry Heat Bain Maries. the wet heat bain maries segment is expected to dominate the market share through 2028.
- By Application Analysis
Based on application, the market is segmented as follows: Quick Services Restaurants and Canteen. Quick Services Restaurants segment will hold the dominant market share over 2022-2028.
DRIVING FACTORS
"Expansion of Food Entrepreneurs to Facilitate Market Development"
The bain maries and cabinets market is driven by expanding food entrepreneurs such as canteens, caterers, restaurants, and cafés. Bain maries and cabinets are indispensable in commercial kitchen setups. It is perfect for restaurants that need to keep food at a consistent temperature, either to melt ingredients or to cook specialty meals more slowly. Additionally, bain maries and cabinets make it easier to showcase open food, particularly during feasts and buffets. Additionally, bain maries and cabinets are considerably more accessible, practical, and simple to use.
"Ongoing Innovation in Commercial Kitchens to Boost Market Growth"
The restaurants are committed to providing a variety of cuisine options of consistently high quality. To effectively utilize commercial kitchen areas, they are also focusing on employing equipment for commercial kitchens, which is made to offer a variety of applications. Commercial bain-marie heaters provide several advantages in restaurants. They can store food at high temperatures, which enables end users to serve food at the proper temperature. They take up the least amount of space in commercial kitchens while handling the task of many pieces of equipment and maximizing energy consumption. They are perfect for heat-sensitive items like sauces and fillings since they are also available with automated internal energy management mechanisms to maintain the temperature within the predetermined range. The aforementioned factors drive bain maries and cabinets market growth.
RESTRAINING FACTORS
"Preference for Secondhand Bain Maries and Cabinets to Hinder Market Growth"
Growth in the market for secondhand commercial bain-marie heaters is one obstacle. Independent foodservice businesses that want to invest in commercial bain-marie heaters prefer to buy previously used models since they operate well and help restaurant owners save money on equipment purchases. Small and medium-sized foodservice businesses, particularly those in developing nations, choose previously-owned commercial bain-marie warmers to save upfront costs. These factors could have slight impact on the market growth in the future.
Bain Maries And Cabinets Market Regional Insights
"Increase in Demand to Propel Market Progress in the Americas"
The Americas dominates the bain maries and cabinets market share owing to the growing availability of commercial bain-marie heaters with energy-saving features. One of the most important groups of consumers of commercial bain-marie heaters is the catering industry. The need for food service equipment like commercial bain-marie heaters rises as more institutions and businesses outsource their catering requirements. Growing number of quick-service restaurants and fast-food outlets in this region along with increasing preference of consumers to dine out will create favorable opportunities for local suppliers.
KEY INDUSTRY PLAYERS
"Market Players Focus on New Product Launches to Strengthen Market Position"
Leading players in the market are adopting various strategies to expand their presence in the market. These include R&D investments and the launch of new, technologically-advanced products in the market. Some companies are also adopting strategies such as partnerships, mergers, and acquisitions to strengthen their market position.
LIST OF TOP BAIN MARIES AND CABINETS COMPANIES
- Electrolux (Sweden)
- Middleby (U.S.)
- ITW (U.S.)
- Welbilt (U.S.)
- Scholl-Gastro (Germany)
- E&R Moffat (U.K.)
- Hatco (U.S.)
- Alto-Shaam (U.S.)
- Inomak (Greece)
- Ali Group (Italy)
- Roband (U.K.)
- Sammic (Spain)
- Roller Grill (France)
- Parry (India)
- Hayman Industries (Australia)
- HIKITCH (Japan)
- Festive (U.S.)
- Victor (Taiwan)
- Buffalo (U.S.)
- Birko (U.S.)
- Akasa International (India)
- LOZAMET (Poland)
REPORT COVERAGE
The report covers overall market aspects, including the market segmentation based on its type and application. The report depicts a diverse group of participants that includes the market and the potential market leaders. Major factors that are expected to drive major growth in the market. The factors anticipated to expand the market share are also included in the report to offer market insights. The estimated growth of the market in the forecast period is also included in the report. The regional analysis is completed to explain the region's dominance in the global market. The factors hindering the growth of the market are discussed in detail. The SWOT analysis of the market is depicted in the report. It contains all-inclusive market details.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 11925 Million in 2022 |
Market Size Value By |
US$ 1718.9 Million by 2031 |
Growth Rate |
CAGR of 3.7% from 2022 to 2031 |
Forecast Period |
2024-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Type and Application |
Frequently Asked Questions
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What value is the bain maries and cabinets market expected to touch by 2031?
Based on our research, the bain maries and cabinets market is projected to touch USD 1718.9 million by 2031.
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What CAGR is the bain maries and cabinets market expected to exhibit by 2031?
The bain maries and cabinets market is expected to exhibit a CAGR of 3.7% by 2031.
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Which are the driving factors of the bain maries and cabinets market?
The expansion of food entrepreneurs and ongoing innovation in commercial kitchens are the driving factors of the bain maries and cabinets market.
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Which are the top companies operating in the bain maries and cabinets market?
Electrolux, Middleby, ITW, Welbilt, Scholl-Gastro, E&R Moffat, Hatco, Alto-Shaam, Inomak, Ali Group, Roband, Sammic, Roller Grill, Parry, Hayman Industries, HIKITCH, Festive, Victor, Buffalo, Birko, Akasa International, and LOZAMET are the top companies operating in the bain maries and cabinets market.