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Rotisserie Market Report Overview
The global rotisserie market size is expanded rapidly in 2022 and market is expected to generate substantial revenue by 2031, exhibiting a high compound annual growth rate (CAGR) from 2022 to 2031.
In a rotisserie, meat is roasted by skewering it along a long, solid rod that holds the meat while it is cooked over a fire or coal in a rotisserie. This method is typically used to cook large meat joints or an entire animal, such as a pig or turkey. The rotisserie oven is getting more and more popular because it rotates the meat, cooks it evenly, and can self-blast continuously.
As the economy improves and disposable income rises, rotisserie ovens are in high demand. An increasing number of food establishments in commercial buildings, such as supermarkets, malls, and fast food restaurants, are fuelling the market demand. The shift in consumer preference for open-cooked food at restaurants is expected to create opportunities in this market over the forecast period.
COVID-19 Impact: Pandemic Reduced the Market Demand
The rotisserie market is just one of many industries that have been significantly affected by the COVID-19 pandemic. Restaurants, grocery stores, and food trucks are just a few of the many businesses that are part of the rotisserie market. Due to safety concerns and government regulations, numerous rotisserie businesses have been compelled to either cease operations or reduce their staff. Giant manufacturing nations that are severely impacted by the spread of the coronavirus exhibited a significant demand for machinery and equipment, putting an end to that demand. In addition, the lockdown's potential effects were hazy, and businesses' financial recovery is entirely dependent on their cash reserves. After COVID-19 infection cases begin to decrease, manufacturers of machinery and equipment must concentrate on safeguarding their workforce, operations, and supply chains in order to respond to immediate crises and devise novel methods of operation.
Latest Trends
"Increasing Use of Infrared Burners to Fuel Market Growth"
One of the key market trends that is expected to have a positive effect on the industry in the forecast period is the increasing usage of infrared burners in rotisserie equipment. Infrared burners in rotisserie equipment ensure even heat distribution across the equipment, allowing operators to create large amounts of food products at the same time while maintaining consistent quality. Rotisserie with infrared burners also achieves the desired temperature with less gas supply, allowing foodservice places to save both gasoline and money. The ML-104858 model business rotisserie equipment from Hobart includes two infrared cooking burners as well as completely automatic cooking cycles to ensure consistent quality in food offerings. The introduction of such goods will help to strengthen the growth of market in the forecast period.
Rotisserie Market Segmentation
- By Type Analysis
According to type, the market can be segmented into gas rotisserie, electric rotisserie.
- By Application Analysis
Based on service, the market can be divided into household, commercial, others.
Driving Factors
"Rising Profits of Rotisserie Chicken Organisations to Accelerate Market Demand "
The sales of grouped, valuable correlative items outweigh the sale of cooked chicken to reap the benefits of the rotisserie chicken industry. The impulsive nature of the purchase of rotisserie chicken, with the consumer's primary motivation being the time and effort saved by not having to cook, is the most common selling point for this product. The most straightforward explanation for this marketing strategy is that the lower profit margin on rotisserie chicken sales are compensated for by the estimated increase in sales of other products, like coleslaw or potato salad in a bundle deal. The rising profits will boost rotisserie market growth.
"Increasing Demand for Comfort Food to Boost Market Growth"
Rotisserie cooking is appealing to busy customers who don't have much time to cook because it is a quick and easy way to prepare meals. Because it lets fat drip away from the meat, this cooking is thought to be healthy. Customers who care about their health and are looking for healthier food options will appreciate this. Cooking on a rotisserie is frequently associated with outdoor cooking methods like grilling and barbecues. The rising fame of open air cooking is driving demand for market.
Restraining Factors
"Health Problems and High Cost to Hinder Growth of Market "
Polycyclic aromatic hydrocarbons (PAHs) and heterocyclic amines (HCAs) are two potentially harmful chemicals that can be produced when meat is slow-cooked over an open flame in rotisserie cooking. Consuming meat in this manner may be frowned upon by health-conscious consumers. A rotisserie oven or grill is typically required for cooking. Customers who want to prepare meals in a rotisserie-style manner at home may find this to be pricey.
Rotisserie Market Regional Insights
"Growing Demand for Healthy Food in North America Anticipated to Boost Market Development"
During the forecast period, North America holds the leading position in rotisserie market share. This is due to the growing demand for home-use rotisserie-style cooking equipment and the growing popularity of rotisserie chicken in the United States and Canada. Overall, this region's market is expected to continue expanding due to factors like rising consumer interest in healthy eating, rising demand for convenience foods, and rising popularity of outdoor cooking and grilling.
Key Industry Players
"Market Expansion Is Being Driven By Key Players' Adoption of Novel Strategies"
Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio.
The top key players in the market are Alto-Shaam, Henny Penny, Hickory Industries, Hobart, Rotisol, The Vollrath Company. The strategies to develop new technologies, capital investment in R&D, improve product quality, acquisitions, mergers, and compete for the market competition help them to perpetuate their position and value in the market. Besides, collaboration with other companies & extensive possession over market shares by the key players stimulates market demand.
LIST OF TOP ROTISSERIE COMPANIES
- Alto-Shaam (U.S)
- Henny Penny (U.S)
- Hickory Industries (U.S)
- Hobart (U.S)
- Rotisol (U.S)
- The Vollrath Company (U.S)
Report Coverage
This report examines an understanding of the rotisserie market’s size, share, and growth rate, segmentation by type, application, key players, and previous and current market scenarios. The report also collects the market’s precise data and forecasts by market experts. Also, it describes the study of this industry’s financial performance, investments, growth, innovation marks, and new product launches by the top companies and offers deep insights into the current market structure, competitive analysis based on key players, key driving forces, and restraints that affect the demand for growth, opportunities, and risks.
Furthermore, the post-COVID-19 pandemic’s effects on international market restrictions and a deep understanding of how the industry will recover, and strategies are also stated in the report. The competitive landscape has also been examined in detail to provide clarification of the competitive landscape.
This report also discloses the research based on methodologies that define price trend analysis of target companies, collection of data, statistics, target competitors, import-export, information, and previous years’ records based on market sales. Moreover, all the significant factors which influence the market such as small or medium business industry, macro-economic indicators, value chain analysis, and demand-side dynamics, with all the major business players have been explained in detail. This analysis is subject to modification if the key players and feasible analysis of market dynamics change.
Frequently Asked Questions
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What is the leading region in rotisserie market?
North America is the leading region in rotisserie market.
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Which are the driving factors of the rotisserie market?
Rising demand for convenience foods and healthy foods and increasing popularity of outdoor cooking are the driving factors of the rotisserie market.
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Which are the top companies operating in the rotisserie market?
Alto-Shaam, Henny Penny, Hickory Industries, Hobart, Rotisol, The Vollrath Company are the top companies operating in the rotisserie market.