The compound annual growth rate of the European commercial convection oven market is 2.19% | The growth of the European food service industry drives growth | Technology

2021-12-14 22:16:02 By :

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New York, December 14, 2021/PRNewswire/-Some of the main growth drivers of the European commercial convection oven market are the growth of the European food service industry, the increase in the number of European QSR and fast food chains, and a senior analyst from Technavio said , People are increasingly inclined to use energy-saving convection ovens. 

Commercial convection ovens are the main cooking equipment in bakeries and pizzerias around the world. The sales of these ovens are directly proportional to the increase in the number of catering services. The rapid urbanization in Europe and the increase in disposable income are the main factors driving the growth of the European catering service industry. Demand for FAFH, including meals and snacks provided by commercial catering services, has increased in 2020. The consumption of FAFH is very high in countries such as the United Kingdom and Germany. More and more dual-income families, more and more professional women, the emergence of more affordable and more convenient fast food restaurants, and the increasing advertising and promotional activities of large-scale catering service chains are some of the main factors contributing to this trend FAFH . Exposure to international cultures and lifestyles has led to the consumption of different cuisines. This in turn creates growth opportunities for FAFH. The increase in FAFH consumption has promoted the growth of the food service industry, which in turn boosted the demand for commercial convection ovens in Europe.

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It is estimated that the European commercial convection oven market will grow by US$66.62 million from 2020 to 2025, with a year-on-year growth rate of 1.65% in the European market.

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Market scope of European commercial convection ovens

Accelerate at a compound annual growth rate of 2.19%

Germany, the United Kingdom, France and the rest of Europe

Leading company, competitive strategy, scope of consumer participation

Ali Group Srl, Alto-Shaam Inc., Bartscher GmbH, Duke Manufacturing, Electrolux Professional AB, Hobart Corp., Kolb Huizhou Ltd., Smeg Spa, The Middleby Corp., and UNOX Spa

Mother market analysis, market growth incentives and obstacles, fast and slow growth market segment analysis, COVID-19 impact and future consumer dynamics, market conditions analysis during the forecast period,

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