Global Commercial Oven Market 2017-2021

Global commercial oven market insights

The global commercial oven market is anticipated to grow at a steady rate and will post a CAGR of close to 6% during the forecast period. The growing preference for high-speed convection ovens will drive the growth prospects for the global commercial oven market during the forecast period. High-speed convection ovens are preferred over conventional ovens because they deliver quality food products in minimal time. Also, high-speed convection ovens operate ten times faster than the conventional oven products. For instance, Tornado series by TurboChe can cook food at high speeds using a combination of microwave and air impingement technology. Some of the oven products available in the market are used to cook, reheat, and defrost the food at a significantly higher speed. Moreover, high-speed convection ovens can bake pizzas, croissants, sub sandwiches, cookies, and pastries in less time, especially when compared to traditional ovens. The time taken to cook a pizza in high-speed convection ovens is just three minutes while the same takes eight minutes in conventional ovens. Moreover, to increase the profit margin, the food service establishments are looking for ovens that will lead to improved operating efficiency and increased volume of production.

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