Global Commercial Griddle Market Revenue Was $599 Million in 2023

A commercial griddle refers to a baking tray used for commercial purposes, usually made of high-temperature resistant and rust-resistant materials such as stainless steel and cast iron. Its surface has been specially treated to withstand high temperatures and prevent food adhesion, making it easy to clean. Due to its primary use in commercial environments, it is usually larger and can handle large amounts of food simultaneously, improving kitchen efficiency.

In terms of design, commercial griddles focus on a diversity of functions and convenience of use. For example, a griddle may have multiple functions such as grilling, frying, and boiling to meet the various cooking needs of a commercial kitchen.

Overview of Overall Market Development and Analysis of Segmented Markets

With the development of the catering industry and people's pursuit of food, commercial griddles, as an important cooking tool, have seen a continuous increase in market demand. Especially in Western countries, commercial griddles have become essential equipment in the catering industry. According to our research data, the total revenue of the global commercial baking tray market was $599 million in 2023 and may increase to $709 million by 2026.

According to the different thermal and electric energy sources, commercial griddles can usually be divided into two categories: commercial gas griddles and commercial electric griddles. Data shows that in 2023, the global revenue of commercial gas griddles and commercial electric griddles was $301 million and $298 million respectively, with market shares of 50.18% and 49.82%. From downstream applications, commercial griddles are mainly used in places such as restaurants, hotels, bars, and clubs, among which, restaurants occupy the biggest market share.

Global Commercial Griddle Market Revenue Forecast and Market Segment Analysis

Source: www.globalmarketmonitor.com

Analysis of Market Development in Major Regions/Countries

At present, the global commercial griddle market is mainly dominated by Europe and America, but markets in Asia and other regions are also gradually rising. Data shows that the revenue of the North American commercial griddle market in 2023 was $275 million, with a revenue share of 45.91%, making it the largest revenue market for commercial griddles in the world; The European market ranked second with a share of 31.55% and a revenue of $189 million for the commercial griddle market in 2023. In addition, commercial griddle markets in Asian countries such as China, Japan, and India also hold a certain share globally.

Global Commercial Griddle Market Revenue and Share by Region/Country in 2023

Regions/Countries	Market Revenue (Million USD)	Share
North America	275	45.91%
Europe	189	31.55%
China	40	6.68%
Japan	21	3.51%
India	8	1.34%
Southeast Asia	8	1.34%

Source: www.globalmarketmonitor.com

Market Development Trend Prediction

Quality-oriented: With the increasing attention of consumers to food safety and health, the quality requirements for commercial baking trays are also increasing. In the future, high-quality, environmentally friendly, and healthy commercial baking trays will become mainstream.

Customization: Different catering enterprises have different needs, so the demand for customized commercial baking trays is increasing. In the future, customized commercial baking trays will become the choice of more enterprises.

Branding: Currently, the global commercial baking tray market is still relatively dispersed, but with the intensification of market competition, branding will become a trend. Commercial baking tray companies with brand influence are more likely to win market share.

Online and offline integration: Online e-commerce channels and offline physical stores will further integrate to form an O2O sales model. Consumers can purchase commercial baking trays online, while offline physical stores provide one-stop services such as installation, debugging, and after-sales service.

For more industry information, please refer to our latest released "China Commercial Griddle Industry Market Research Report 2023-2029".