Commercial Kettles and Braising Pans Market Size, Share, Growth, and Industry Analysis, By Type (Commercial Kettles and Commercial Braising Pans), By Application (Restaurants, Hotels, and Others), and Regional Forecast By 2031

Updated On: 29 April 2024

Commercial Kettles and Braising Pans Market Report Overview

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The global commercial kettles and braising pans market size was 901.5 million in 2020, as per our research, the market is expected to reach USD 1495.63 million by 2031, exhibiting a CAGR of 5.8% during the forecast period.

The COVID-19 pandemic has been unprecedented and staggering, with commercial kettles and braising pans experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market’s growth and demand returning to pre-pandemic levels.

Commercial kettles and braising pans are essential equipment in professional kitchens and foodservice establishments. They are designed to handle large-scale cooking and provide efficient and consistent results. Commercial kettles, also known as steam jacketed kettles, are large cooking vessels used for boiling, simmering, and stewing large quantities of liquid-based foods. They feature a double-wall construction, with an outer jacket filled with steam and an inner cooking chamber.

Braising pans, also known as tilt skillets or tilting braising pans, are versatile cooking vessels used for braising, sautéing, grilling, shallow frying, and other cooking techniques. They are typically large, shallow, and rectangular in shape, with a hinged lid and a tilting mechanism that allows for easy pouring and product transfer.

COVID-19 IMPACT : Shift in Dining to Boost Demand Significantly

COVID-19 had a life changing impact globally. The commercial kettles and braising pans market was significantly affected. The virus had various impacts on different markets. Lockdowns were imposed in several nations. This erratic pandemic caused disruptions on all sorts of businesses. Restrictions tightened during the pandemic due to increasing number of cases. Numerous Industries were affected. However, the market for commercial kettles and braising pans experienced an increased demand.

Due to supply chain disruptions and changing consumer preferences, many foodservice operators had to adjust their menus and recipes. This meant altering the cooking methods and ingredients used, which in turn impacted the specific equipment needed in the kitchen. Some establishments had to diversify their offerings or introduce new meal concepts, leading to changes in the utilization of commercial kettles and braising pans.

With the closure or limited operations of restaurants, cafeterias, and other foodservice establishments during lockdowns and social distancing measures, there has been a significant shift from dine-in services to takeout, delivery, and meal preparation for large-scale distribution. This change in dining preferences has influenced the demand for commercial kettles and braising pans as establishments adapt their operations to accommodate increased cooking and batch preparation of meals. The market is anticipated to boost the commercial kettles and braising pans market share following the pandemic.

LATEST TRENDS

"Technology Integration to Broaden Market Growth"

Manufacturers are increasingly incorporating advanced technology features into commercial kettles and braising pans to improve efficiency, control, and user experience. This includes touchscreen interfaces, programmable cooking profiles, remote monitoring capabilities, and connectivity for data collection and analysis.

Commercial kettles and braising pans are being designed to offer a wider range of cooking capabilities. This includes the integration of multiple cooking modes, such as simmering, boiling, sautéing, grilling, and even baking, within a single unit. These versatile equipment solutions allow for greater menu diversity and flexibility in professional kitchens. These latest developments are anticipated to boost the commercial kettles and braising pans market share.

Commercial Kettles and Braising Pans Market Segmentation

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• By Type

Based on type, the market is divided into Commercial Kettles And Commercial Braising Pans.

Commercial kettles hold a major share of the global market.

• By Application

Based on application, the market is bifurcated into restaurants, hotels, and others.

Restaurants as application holds a major share of the global market.

DRIVING FACTORS

"Menu Diversity to Boost Market Share"

The foodservice industry is increasingly focused on offering diverse menus to cater to changing consumer preferences. Commercial kettles and braising pans provide the flexibility to cook a variety of dishes, from soups and stews to braised meats and vegetables. Their customizable features, such as multiple cooking modes and adjustable temperature controls, enable chefs to execute various recipes and menu items.

"Efficiency & Productivity to Boost Market Size"

Commercial kitchens strive for efficiency and productivity to meet high-demand requirements. Commercial kettles and braising pans enable large batch cooking, quick heat-up times, and versatile cooking capabilities, allowing for efficient preparation of a wide range of dishes. These equipment solutions help streamline operations and maximize productivity in professional kitchens. These factors are anticipated to drive the commercial kettles and braising pans market share.

RESTRAINING FACTORS

"Maintenance to Hamper Market Share"

Proper cleaning and maintenance are crucial for the longevity and performance of commercial kettles and braising pans. However, the cleaning process can be time-consuming and labor-intensive, potentially affecting operational efficiency. Additionally, failure to adequately clean and maintain these equipment solutions can lead to hygiene issues and compromised food safety. These factors are anticipated to hamper the commercial kettles and braising pans market share.

Commercial Kettles and Braising Pans Market Regional Insights

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"North America Dominates the Commercial Kettles and Braising Pans Market "

North America is the major shareholder for the commercial kettles and braising pans market share. North America has a robust and diverse foodservice industry, including restaurants, hotels, catering services, and institutional foodservice. The high demand for commercial kitchen equipment in these sectors creates a sizable market for manufacturers and suppliers, attracting both domestic and international players. Europe is the second largest shareholder for the commercial kettles and braising pans market share.

KEY INDUSTRY PLAYERS

"Key Players Focus on Partnerships to Gain a Competitive Advantage "

Prominent market players are making collaborative efforts by partnering with other companies to stay ahead in the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolio.

List of Market Players Profiled

• AccuTemp Products [U.S.]
• Dover Corporation [U.S.]
• Illinois Tool Works [U.S.]
• Market Forge [U.S.]
• Welbilt [U.S.]
• BLODGETT CORPORATION [U.S.]
• Electrolux [Sweden]
• FUJIMAK CORPORATION [Japan]
• Legion Industries [U.S.]
• MBH International [Netherlands]
• Middleby Corporation [U.S.]

REPORT COVERAGE

This research profiles a report with extensive studies that take into description of the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, etc. This analysis is subject to alteration if the key players and probable analysis of market dynamics changes.