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Conveyor Oven Market Surpass USD 159.6 million by 2031, Registering at a 4.4% CAGR – Exclusive Report by Transparency Market Research

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With technological advancements and the demand for new sensors, the market will continue to grow. As bakery product consumption increases, conveyor oven demand will also rise.

WILMINGTON, Del, Oct. 25, 2023 /PRNewswire/ — Transparency Market Research Inc. –  The conveyor oven market was valued at US$ 95.7 million in 2021. A 4.4% CAGR is expected from 2022 to 2031. The market is projected to reach US$ 159.6 million by 2031. Due to high competition in the market, players are trying to boost the efficiency of conveyor ovens. The ovens are updated with features that will decrease cooking time and boost production.

Independent pizza chains and restaurants must increase productivity to remain competitive since pizza, sandwiches, and other baked goods are in high demand. Reducing the amount of time required for preparation can simplify the whole process. Conveyor oven manufacturers use advanced technology based on air imperfection, such as temperature and airflow control, to speed up food preparation by controlling temperatures and airflow. Therefore, conveyor ovens are becoming increasingly popular among end users.

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Conveyor oven manufacturers are increasing their production of innovative models featuring multiple stacks, advanced sensors, and panels that can be easily removed. A growing investment in research and development activities for food service equipment and technological advancements are propelling the market. Various cooking methods can be handled with conveyor ovens, like toasting, baking, and broiling. Businesses could save money and space by reducing the need for multiple appliances and saving space.

The conveyor oven market is influenced by sustainability and environmental concerns. As part of their efforts to reduce the environmental impact of their ovens, manufacturers have been utilizing eco-friendly materials when designing them. The efficiency of conveyor ovens is being improved by incorporating better insulation materials and construction techniques.

Conveyor Oven Market Report Scope:

Report Coverage

Details 

Forecast Period 

2022-2031

Base Year 

2022

Size in 2021

US$ 95.7 Mn

Forecast (Value) in 2031

US$ 159.6 Mn

Growth Rate (CAGR)

4.4 %

No. of Pages 

160 Pages

Segments covered 

Type, Operation, Power Source, Technology, Application, End-use, Distribution Channel

Key Findings of Market Report

  • Temperature control systems are built into conveyor ovens to ensure a constant cooking temperature.
  • Conveyor ovens are compact and can be stacked to save floor space, making them ideal for commercial kitchens and food production facilities.
  • High throughput is one of the most common features of conveyor ovens. For food service establishments with large volumes of food, they are an ideal solution since they can process items rapidly.
  • Maintaining conveyor ovens regularly is crucial to their continued operation. Maintaining optimum performance requires regular cleaning and inspection of the conveyor belt, the heating elements, and the rest of the equipment.
  • Protecting operators from accidents and complying with safety regulations, conveyor ovens include safety interlocks, ventilation systems, and emergency stop buttons.

Market Trends for Conveyor Ovens

  • Introducing fast-food chains and novel products are key trends in the conveyor oven market. Conveyor ovens are likely to become more widespread among restaurants and food chains.
  • Production automation and technological advancements are expected to grow the conveyor oven market. Using conveyor ovens can reduce or eliminate defects and variances, making food products more consistent.
  • Manufacturers of conveyor ovens are incorporating smart features and digital controls. Operators can achieve optimal cooking results by precisely controlling temperature and time, monitoring, and diagnosing the system using these advancements.
  • Several businesses sought conveyor oven solutions tailored to their specific requirements. As more industries demand customized conveyor ovens, manufacturers have offered temperature zones, custom belt speeds, and sizes.
  • Conveyor oven manufacturers have been incorporating features that make cleaning and maintaining their products easier as food safety and hygiene have become increasingly important. These improvements include improved designs, materials, and removable parts that can be cleaned efficiently.

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Global Market for Conveyor Oven Regional Outlook

  • North America is expected to be a major market for conveyor ovens. Business food manufacturers are the leading users of conveyor ovens in the United States because of the increasing demand for convenience and speed in cooking.
  • The bakery industry in this region is experiencing a boom, which has increased the consumption of conveyor ovens. The popularity of conveyor ovens has been driven by a growing demand for processed food from busy consumers, expanded restaurant chains, and high production volumes.

Global Conveyor Oven Market Key Players

A conveyor oven manufacturer is committed to offering the latest technology to their customers. Several manufacturers control the majority of the market share in the global industry.

Key players rely heavily on research and development to increase their market share. For these companies to remain competitive, they develop several products and expand operations. Some prominent players manufacturing and supplying conveyor ovens are listed below:

  • Davron Technologies Inc.
  • Doyon & NU-YU
  • Infratrol LLC
  • Italforni
  • Welbilt
  • Mahan Oven & Engineering Co. Inc.
  • Middleby Corporation
  • OEM-ALI Sp
  • Picard Ovens Inc.
  • International Thermal Systems
  • Wisconsin Oven Corporation
  • XLT Ovens

Key Developments in the Global Conveyor Oven

  • In August 2023, Applebee’s launched a three-part development plan. Next year, a smarter, more efficient design will be unveiled, taking a closer look at store performance and converting second-generation spaces.
  • In August 2023, Welbilt switched Lincoln oven production from Canada to the United States. A new country will host Lincoln Foodservice conveyor oven production following changes introduced by Welbilt.

Global Conveyor Oven Market: Segmentation

Type

  • Vertical Conveyor Oven
  • Overhead Conveyor Oven
  • Belt Conveyor Oven
  • Chain-on-Edge Conveyor Oven
  • Tunnel Conveyor Oven
  • Others (Carousel Conveyor Oven, Hybrid Conveyor Oven, etc.)

Operation

  • Batch
  • Continuous

Power Source

  • Electric
  • Gas
  • Direct Gas
  • Indirect Gas

Technology

  • Convection
  • Radiation

Application

  • Baking
  • Drying
  • Curing
  • Aging
  • Annealing
  • Stress Relieving
  • Others (Bonding, Tempering, etc.)

End-use

  • Hotels & Restaurants
  • Food Processing Units
  • Others (Industrial/Heavy, Pharmaceutical Industry, etc.)

Distribution Channel

  • Online
  • Company Websites
  • E-commerce Sites
  • Offline
  • Direct Sales
  • Indirect Sales

Region

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • South America

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About Transparency Market Research

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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