Global Commercial Griddle Market to Reach US$1.9 Billion by 2030
The global market for Commercial Griddle estimated at US$1.5 Billion in the year 2024, is expected to reach US$1.9 Billion by 2030, growing at a CAGR of 4.0% over the analysis period 2024-2030. Gas Operated, one of the segments analyzed in the report, is expected to record a 4.6% CAGR and reach US$1.3 Billion by the end of the analysis period. Growth in the Electrically Operated segment is estimated at 2.9% CAGR over the analysis period.
The U.S. Market is Estimated at US$407.0 Million While China is Forecast to Grow at 7.7% CAGR
The Commercial Griddle market in the U.S. is estimated at US$407.0 Million in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$410.3 Million by the year 2030 trailing a CAGR of 7.7% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 1.3% and 3.0% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 2.1% CAGR.
Global Commercial Griddle Market - Key Trends and Drivers Summarized
Commercial griddles are a cornerstone of professional kitchens, valued for their versatility and efficiency in preparing a wide array of foods. These flat cooking surfaces are indispensable in restaurants, diners, and food trucks, where they are used to cook items such as pancakes, burgers, eggs, and grilled sandwiches. This makes them particularly crucial for breakfast and lunch services. Available in both electric and gas models, commercial griddles offer precise temperature control and even heat distribution, which are essential for achieving consistent cooking results. Advanced models often feature thermostatic controls, allowing chefs to maintain specific temperatures across different cooking zones, enhancing their ability to handle high-volume orders efficiently. The construction of these griddles, typically from durable materials like stainless steel or chrome, ensures they can withstand the intense and continuous use typical in commercial settings, making them a long-term investment for foodservice establishments.
Recent trends in the commercial griddle market underscore the growing demand for energy-efficient and technologically advanced models. Innovations such as infrared heating elements are becoming more prevalent, offering faster heating times and more uniform cooking surfaces, which improves efficiency and food quality. Additionally, smart griddles equipped with IoT capabilities are gaining traction. These smart griddles can be integrated into kitchen management systems, enabling remote monitoring and control. This feature helps kitchen operators maintain optimal operational efficiency, monitor energy usage, and reduce overall consumption, aligning with broader sustainability goals. The shift towards open kitchen designs in modern restaurants has also influenced market trends, with a focus on aesthetically pleasing equipment that can be displayed in the front-of-house. Consequently, manufacturers are prioritizing sleek designs and easy-to-clean surfaces to enhance both the functionality and visual appeal of commercial griddles, ensuring they meet the demands of contemporary kitchen environments.
The growth in the commercial griddle market is driven by several factors. Technological advancements have significantly enhanced the efficiency and user-friendliness of modern griddles, attracting a broader range of foodservice operators. The rising popularity of fast-casual dining and the proliferation of food trucks and pop-up restaurants have increased the demand for compact and portable griddle models that can be easily transported and set up in various locations. Furthermore, the growing emphasis on energy efficiency and sustainability in commercial kitchens has led to the adoption of griddles designed to consume less energy and produce fewer emissions, contributing to a reduced carbon footprint. Consumer preferences for diverse and customizable food offerings are also driving restaurants to invest in versatile cooking equipment like griddles, which can handle a wide variety of dishes. Additionally, government regulations and incentives promoting energy-efficient appliances are encouraging foodservice establishments to upgrade to more efficient models. These factors collectively support the ongoing growth of the commercial griddle market, which is expected to continue expanding as innovations and the foodservice industry evolve.
SCOPE OF STUDY:TARIFF IMPACT FACTOR
Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.
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APRIL 2025: NEGOTIATION PHASE
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