Smart Microwave Ovens Global Market Report 2023 – By Product Type (Grill Microwave Oven, Convection Microwave Oven, Microwave/Lightwave Oven), By Technology (Bluetooth, WiFi, NFC), By Distribution Channel (Hypermarket and Supermarket, Speciality Store, Online Store), By End User (Commercial, Personal) – Market Size, Trends, And Global Forecast 2023-2032

Microwave ovens are defined as devices that cook food by exposing it to electromagnetic radiation in the microwave frequency range. The main product types of microwave ovens are grill, solo, and convection. A grill microwave has radiant heating on the top, which is useful for grilling or roasting. The baked item would be a combination of raw and burned due to the heat of the microwave. Microwave ovens have various applications, such as commercial and household. Microwave ovens are further classified based on their design: countertop or built-in. Microwave ovens can be distributed by specialty stores, supermarkets/hypermarkets, online sales, or other distribution channels. The global microwave ovens market is segmented - 1) By Product: Grill, Solo, Convection 2) By Application: Commercial, Household 3) By Structure: Counter Top, Built-In 4) By Distribution Channel: Specialty Stores, Supermarkets/Hypermarkets, Online Channel, Other Distribution Channels The global microwave ovens market size will grow from $45.07 billion in 2022 to $47.08 billion in 2023 at a compound annual growth rate (CAGR) of 4.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global microwave ovens is expected to grow to $53.16 billion in 2027 at a CAGR of 3.1%. The increasing demand for frozen and ready-to-eat food owing to busy lifestyles is expected to drive the microwave ovens market growth during the forecast period. Frozen and prepared meals can easily be cooked in microwave ovens and taste similar to that fresh food. About 79% of urban citizens tend to include ready-to-eat food in their daily meals in 2020. Therefore, the increasing demand for frozen and ready-to-eat food owing to busy lifestyles drives the growth of the microwave oven market. Major players in the microwave ovens market report are Sharp Corporation, LG Electronics Inc., Electrolux AB, Alto-Shaam Inc., Panasonic Corporation, Samsung Electronics, Dongbu Daewoo Electronics, Whirlpool Corporation, SMEG, and Haier Group Corporation. Increased tariffs on raw materials such as steel and aluminum are a restraint on the market for microwave ovens. Galvanized or stainless steel is predominantly used in the manufacture of microwave ovens. Increasing import tariffs on raw materials such as steel hindered the market for microwave ovens. For instance, on October 31, 2021, the United States and the European Union announced that they had reached an agreement on the lifting of US tariffs of 25% on imports of steel from the European Union (EU) and 10% on imports of aluminum from the EU that were imposed under Section 232 of the Trade Expansion Act of 1962. Companies in the household cooking appliance market are increasingly launching technologically advanced multi-functional ovens to cater to the rising demand for multi-functional appliances with additional benefits. These multi-functional ovens use a wide range of methods to provide customized and easy cooking. These ovens use devices to guide and instruct users in the process of cooking. Apart from these, they also come with catalytic and pyrolytic self-cleaning functions. The catalytic self-cleaning feature allows the use of special chemically installed liners to absorb grease, while the pyrolytic self-cleaning function of these ovens allows them to clean the dirt and grease using high temperatures. For instance, Electrolux’s EOY5851AAX oven uses different programs and functions to make the cooking process easy and customized. It has pyrolytic cleaning technology that allows self-cleaning. Asia-Pacific was the largest region in the microwave ovens market in 2022. Western Europe was the second-largest region in the global microwave ovens market share. The regions covered in the microwave ovens market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the microwave ovens market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The microwave ovens market consists of sales of convection microwave ovens, grill microwave ovens, and solo microwave ovens. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The microwave ovens market research report is one of a series of new reports from The Business Research Company that provides microwave ovens market statistics, including microwave ovens industry global market size, regional shares, competitors with a microwave ovens market share, detailed microwave ovens market segments, market trends and opportunities, and any further data you may need to thrive in the microwave ovens industry. This microwave oven market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Household cooking appliance refers to electrical and non-electronic equipment which assists in food preparation in a household. The main product of household cooking appliance is electric stoves, microwave ovens, barbecues and grills, and other household cooking appliances. An electric stove or electric range is a stove with an integrated electrical heating device to cook and bake. Some modern stoves come in a unit with built-in extractor hoods. Electric stove 'burners' may be controlled by a rotary switch with a finite number of positions, each of which engages a different combination of resistances and hence a different heating power, or may have an 'infinite switch' called a simmer stat. Some may have a thermostat. The various fuel used in household cooking appliances is cooking gas and electricity. The household cooking appliances are used for household and commercial applications. The global household cooking appliance market is segmented - 1) By Product: Electric Stoves, Microwave Ovens, Barbecues and Grills, Others - Household Cooking Appliance 2) By Application: Household, Commercial 3) By Fuel Type: Cooking Gas, Electricity The global household cooking appliance market size will grow from $126.97 billion in 2022 to $139.19 billion in 2023 at a compound annual growth rate (CAGR) of 9.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global household cooking appliance market size is expected to grow to $194.49 billion in 2027 at a CAGR of 8.7%. The growing popularity of energy-efficient cooking appliances is expected to increase the demand for electric stoves. The cooking efficiency of electric stoves is high when compared to gas cooktops as the majority of the heat energy through gas cooktops is not transferred while cooking. Electric stoves are designed to consume minimum energy and provide easy temperature control. For instance, with the introduction of energy-efficient appliances, the US government is spending 56% less on energy requirements thereby reducing emissions. Major players in the household cooking appliances market are LG Electronics Inc., Electrolux AB, Panasonic, Haier Group, Whirlpool Corporation, SMEG, Kenmore, Samsung Electronics, Galanz Enterprise Group, and Philips. Limited compatibility of electric cooktops with cooking vessels is expected to act as a restraint on the market. Electric cooktops are compatible with cooking vessels made of cast iron and steel and are not compatible with those made of aluminium and copper because of their magnetic and electrical properties. Aluminium and copper require much greater frequencies to produce the heat needed to cook food. Companies in the household cooking appliance market are increasingly launching technologically advanced multi-functional ovens to cater to the rising demand for multi-functional appliances with additional benefits. These multi-functional ovens use a wide range of methods to provide customized and easy cooking. These ovens use devices to guide and instruct users in the process of cooking. Apart from these, they also come with catalytic and pyrolytic self-cleaning functions. The catalytic self-cleaning feature allows the use of special chemical installed liners to absorb grease, while the pyrolytic self-cleaning function of these ovens allows them to clean the dirt and grease using high temperatures. For instance, Electrolux’s EOY5851AAX oven uses different programs and functions to make the process of cooking easy and customized. It has the pyrolytic cleaning technology that allows self-cleaning. In February 2022, Spectrum Brands, a US-based manufacturing company acquired Tristar Products for an undisclosed amount. Through this acquisition, Spectrum Brands expand its portfolio in cookware and kitchen appliances. Tristar Products is a US-based company operating in household cooking appliances. Asia-Pacific was the largest region in the household cooking appliances market share in 2022. Western Europe was the second-largest region in the global household cooking appliance market analysis. The regions covered in the global household cooking appliance market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the household cooking appliances market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The household cooking appliances market consists of sales of cookers, steamers, gas cooktops, stone stoves, metal stoves, ceramic stoves, convection microwave ovens, grill microwave ovens, solo microwave ovens, charcoal barbecues grills, gas barbecues grills, electric barbecues grills, thermal ovens, and other household cooking appliances. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The household cooking appliances market research report is one of a series of new reports from The Business Research Company that provides household cooking appliances market statistics, including household cooking appliances industry global market size, regional shares, competitors with a household cooking appliances market share, detailed household cooking appliances market segments, market trends and opportunities, and any further data you may need to thrive in the household cooking appliances industry. This household cooking appliances market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The bakery processing equipment are systems and machines used in the baking industry to make various bakery products. Bakery processing equipment is widely used in the production of a variety of baked foods. The bakery processing equipment market covered in this report is segmented by type: mixers; ovens & proofers; slicers & dividers; sheeters & molders; depositors & pan greasers; by mode of operation: automatic; semi-automatic; by application: bread; cakes & pastries; cookies & biscuits; pizza crusts; other applications; by end user: bakery processing industry; foodservice industry. The global bakery processing equipment market is segmented - 1) By Type: Mixers, Ovens & Proofers, Slicers & Dividers, Sheeters & Molders, Depositers & Pan Greasers 2) By Mode Of Operation: Automatic, Semi-Automatic 3) By Application: Bread, Cakes & Pasteries, Cookies & Biscuits, Pizza Crusts, Other Applications 4) By End-User: Bakery Processing Industry, Foodservice Industry The global bakery processing equipment market size grew from $12.01 billion in 2022 to $12.77 billion in 2023 at a compound annual growth rate (CAGR) of 6.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The market size of the bakery processing equipment is expected to grow to $16.14 billion in 2027 at a CAGR of 6.0%. The growing consumption of bakery products is expected to propel the growth of the bakery processing equipment market. Different bakery processing equipment is utilized to make different baking products. Consumers are increasingly preferring bakery products, leading to an increase in demand for bakery processing equipment. In 2020, the global products market was valued at $507.38 billion and is expected to grow at a CAGR of 2.5% between 2021 and 2026. The growing consumption of bakery products drives the growth of the bakery processing equipment market. Major players in the bakery processing equipment market are GEA Group, Bühler, JBT Corporation, The Middleby Corporation, Heat and Control Inc., Rheon Automatic Machinery Co. Ltd., Ali Group, Baker Perkins, Markel Food Group, Anko Food Machine Co. Ltd., Gemini Bakery Equipment Company, Allied Bakery Equipment, Global Bakery Solutions, Koenig Maschinen GmbH, John Bean Technologies Corporation, Erica Record LLC, Breville Group, Paul Mueller Company, Welbilt Inc., Alfa Laval, MECATHERM, Robert Bosch GmbH, CandyWorx, Bongard, Silvestri S.r.l., Bettcher Industries Inc., Aasted ApS, and The Henry Group Inc. Strategic collaborations between companies are a key trend gaining popularity in the bakery processing equipment market. Companies manufacturing bakery processing equipment are undergoing partnerships and collaborations to develop new technologies and products. For instance, in March 2021, Turri F.lli Srl, an Italian firm that designs and manufactures machines for bakeries, pasta factories, pastry shops, and pizzerias, partnered with Eaton, an American-Irish multinational power management company. From this partnership, Turri has benefited from Eaton's solutions in terms of digital transformation, which has resulted in specific gains in terms of process and cost management. In another partnership, in January 2021, Buhler, a Swiss multinational plant equipment manufacturer, and DIL Deutsches Institut für Lebensmitteltechnik e. V. research institute, a food technology research institute in Germany, teamed up to develop the new ""Technology Center Proteins of the Future"". The unique technology centre offers cutting-edge research, testing, and advanced food and bakery processing equipment for the creation of nutritious, sustainable-protein foods. In November 2020, Schenck Process Group (SPG), a Germany-based company that offers measuring and process technology, acquired Baker Perkins for an undisclosed amount. With this acquisition, SPG would continue its strategic focus on expanding its global offering for the food end-markets. In addition to strengthening SPG's European capabilities in food processing and equipment, the deal would also provide opportunities for growth in the Americas and Asia-Pacific. Baker Perkins is a UK-based food processing company that supplies food processing equipment to the bakery, confectionery, biscuit, cookie, and cracker industries as well as breakfast cereals. Asia-Pacific was the largest region in the bakery processing equipment market in 2022 and is expected to be the fastest-growing region in the forecast period. The regions covered in the bakery processing equipment research report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the Bakery Processing Equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The bakery processing equipment market consists of sales of freezers, retarders, and piston filling injectors. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The bakery processing equipment market research report is one of a series of new reports from The Business Research Company that provides bakery processing equipment market statistics, including bakery processing equipment industry global market size, regional shares, competitors with bakery processing equipment shares, detailed bakery processing equipment market segments, market trends and opportunities, and any further data you may need to thrive in the bakery processing equipment industry. This bakery processing equipment research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The smart kitchen appliances refer to kitchen appliances connected through IoT (internet of things) technology, bluetooth, Wi-Fi, and other technologies. These smart kitchen appliances are used to make household management easier to operate and eliminate mundane tasks. For enhanced functionality and a more interactive experience, these appliances, like other smart technologies, are integrated with sensor technology, computing power, one or more actuators, and communication capabilities such as Bluetooth or Wi-Fi, advanced user interface, and artificial intelligence (AI) technologies. The main types of smart kitchen appliances include smart refrigerators, smart cookware and cooktops, smart dishwashers, smart ovens, and other appliances. Smart refrigerators refer to refrigerators, which are equipped with features such as a touchscreen interface, the option to connect to the internet through Wi-Fi, internal cameras, flexible user-controlled cooling options and other functions to interact with its features using a smartphone or tablet depending on the smart refrigerator brand. The implementation of IoT & AI functionalities has further improved the user experience. They are sold through direct and indirect sales channels and used by residential and commercial customers. The global smart kitchen appliances market is segmented – 1) By Product: Smart Refrigerators, Smart Cookware and Cooktops, Smart Dishwashers, Smart Ovens, Other Appliances 2) By Sales Channel: Indirect Sales Channel, Direct Sales Channel 3) By Application: Residential, Commercial The global smart kitchen appliances market size grew from $17.79 billion in 2022 to $21.47 billion in 2023 at a compound annual growth rate (CAGR) of 20.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of smart kitchen appliances is expected to grow to $43.04 billion in 2027 at a CAGR of 19.0%. The increased demand for advanced and intelligent cooking appliances is significantly contributing to the growth of the smart kitchen appliances market. The outbreak of the COVID-19 pandemic and subsequent lockdowns along with increased access to smartphones and wireless services has aided in the growth in demand for smart kitchen appliances. For instance, according to research by security.org, 32% of US households have access to smart home technology and it is expected to grow to 57% by 2025. Estimates also show that 80 million US households or 64% of the participants intend to purchase a new type of smart home device within the next year. Therefore, the increased demand for advanced and intelligent cooking appliances will contribute to the growth of the human smart kitchen appliances market. Major players in the smart kitchen appliances market are Whirlpool Corporation, LG Electronics, Electrolux AB, Samsung Electronics Co. Ltd., Haier Group, AB Electrolux, BSH Home Appliances Corporation, Panasonic Corporation, Breville Group Limited, Miele & Cie. KG, Vita-Mix Corporation, GE Appliances, Xiaomi, SectorQube, and Dacor. Technological advancement is a key trend gaining popularity in the smart kitchen appliances market. Key players operating in the smart kitchen appliances market are focusing on developing innovative kitchen appliances with advanced technological solutions such as machine learning to enhance their existing product portfolio and strengthen their position in the market. For instance, Bosch, a German multinational engineering and technology company, launched Bosch Series 8 accent line sensor oven, a smart Artificial Intelligence-powered oven. With the use of a machine learning system, a neural network helps recognize certain sequences from the data and makes intelligent predictions, including the time required for the baking or cooking process. In February 2022, Crompton Greaves Consumer Electricals Limited, an Indian-based manufacturer of consumer products, acquired Butterfly Gandhimathi Appliances Limited for INR 2,076 million ($27 million). The acquisition was intended to achieve the company’s target to become a pioneer in the kitchen appliances segment with a focus on keeping the cost best in class. Butterfly Gandhimathi Appliances Limited is an Indian manufacturer of kitchen appliances. North America was the largest region in the smart kitchen appliances market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the smart kitchen appliances market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the smart kitchen appliances market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The smart kitchen appliances market consists of sales of smart pressure cooker, smart air fryer, smart air fryer oven, smart toaster oven, smart induction cooker, smart dutch oven, smart food processor and smart skillet. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The smart kitchen appliances market research report is one of a series of new reports from The Business Research Company that provides smart kitchen appliances market statistics, including smart kitchen appliances industry, global smart kitchen appliances market size, regional shares, competitors with a smart kitchen appliances market share, detailed smart kitchen appliances market segments, market trends and opportunities, and any further data you may need to thrive in the smart kitchen appliances industry. This smart kitchen appliances market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The high-speed oven refers to commercial cooking equipment, which combines multiple food preparation methods to cook the food much faster than traditional convection ovens or grills. These high-speed ovens are designed to convert fast food into a gourmet experience for customers while delivering food quickly and consistently. The main type of high-speed oven includes a built-in and countertop. The built-in high-speed ovens refer to high-speed ovens installed into kitchen units or fixed to cupboard doors. The installation of the high-speed oven can be integrated into a base or tall cabinet of varying heights. These products are sold through hypermarkets/supermarkets, specialty stores, and online channels. The wattage variance in high-speed ovens include 1000 - 1250 Watts, 1250 - 1500 Watts, 1500 - 1750 Watts, 1750 - 2000 Watts, 2000 - 2250 Watts, 2250 - 4500 Watts, 4500 - 6000 Watts, and Above 6000 Watts. The end-user of high-speed oven include residential and commercial. The global high speed oven market is segmented - 1) By Type: Built In, Countertop 2) By Wattage: 1000 - 1250 Watts, 1250 - 1500 Watts, 1500 - 1750 Watts, 1750 - 2000 Watts, 2000 - 2250 Watts, 2250 - 4500 Watts, 4500 - 6000 Watts, Above 6000 Watts 3) By Sales Channel: Hypermarket/Supermarket, Specialty Stores, Online Channels 4) By End User: Residential, Commercial The global high speed oven market size grew from $3.61 billion in 2022 to $3.94 billion in 2023 at a compound annual growth rate (CAGR) of 9.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The high speed oven market size is expected to grow to $5.42 billion in 2027 at a CAGR of 8.3%. The increased exposure of hotels, restaurants, and cafes has been a major driving factor for the high-speed oven market. Hotel F&B venues and their designers are being compelled to adapt and engage customers with concepts that highlight both convenience and experience as food delivery consumption habits develop and buying a restaurant-quality meal for delivery becomes easier than ever. According to HGEM, two-thirds of hotel guests have used delivery apps such as Deliveroo, JustEat, GrubHub, and others to get food directly to their room, with 71% of guests aged 26-35 preferring delivery apps to in-house restaurants. In the future years, the trend of ordering into hotels is expected to increase by 83%. Hence, the greatest challenge of any food aggregator in the F&B industry, in order to derive the best possible operational efficiency would be to reduce delivery and service time through technologically advanced equipment such as high-speed ovens. Therefore, increased exposure of hotels, restaurants, and cafes is expected to boost demand for high-speed ovens during the forecast period. Major players in the high-speed oven market are General Electric Company, Sharp Corporation, Electrolux AB, Siemens AG, Bosch, Whirlpool Corporation, Merrychef, Miele, ACP Solutions, Alto-Shaam, TurboChef Technologies, Viking Range, SMEG S.p.A., The Middleby Corp, and Cookkart. An increasing number of hotels and restaurants is driving the high-speed oven market. Rapid economic growth in emerging economies, increasing government expenditure towards the promotion of the tourism industry, and increasing consumer interest in convenient food is contributing to growth in the establishment of new hotels and restaurants across the globe. The rapid growth in the number of hotels and restaurants is expected to boost demand for high-speed ovens, as the news organizations are investing in advanced commercial cooking equipment to decrease the cooking time and increase customer experience. According to the study published in Condor Ferries Ltd., the hotel industry accounted for more than 700,000 hotels across the globe and also accounted for $3.41 trillion in the global economy. Therefore, the rapid growth in the number of hotels and restaurants is expected to boost demand for high-speed ovens during the forecast period. Technological advancements are a key trend gaining popularity in the high-speed oven market. Many companies operating in high-speed ovens are developing new products or new technologies to meet end-customer demand and strengthen their market position. For instance, in 2020, Alto-Shaam, a USA-based provider of commercial kitchen equipment, announces new designs and advanced user-friendly controls for its original Cook & Hold Ovens with Halo Heat® technology. The new ovens are simple to use, with one-touch cooking. They have Alto-most Shaam's advanced control yet and are extremely easy to use, requiring little or no operator training. North America was the largest region in the high-speed oven market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the high-speed oven market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the high-speed oven market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The high-speed oven market consists of sales of microwave-based, microwave energy with high-speed impinged air-based, and combines high-speed hot air and infrared heat-based high-speed ovens. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The high-speed oven market research report is one of a series of new reports from The Business Research Company that provides high-speed oven market statistics, including high-speed oven industry global market size, regional shares, competitors with a high-speed oven market share, detailed high-speed oven market segments, market trends and opportunities, and any further data you may need to thrive in the high-speed oven industry. This high-speed oven market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Household furniture and kitchen cabinets refer to the built-in furniture found in many kitchens for food storage, cooking equipment, and frequently silverware and dishes for table service. Movable, compactable articles or apparatus, such as chairs, tables, sofas, mattresses, etc., for furnishing a home. The main types of household furniture and kitchen cabinet are household furniture and kitchen cabinet. Household furniture refers to all mobile, compactable goods or machinery used to furnish a home, such as chairs, tables, sofas, mattresses, and so on. The different types of materials include metal, wood, and others and are distributed through various channels such as online, and offline. The global household furniture and kitchen cabinet market is segmented – 1) By Type: Household Furniture, Kitchen Cabinet 2) By Type of Material: Metal, Wood, Other Material Types 3) By Distribution Channel: Online, Offline Subsegments Covered: Wooden Household Furniture, Metal Household Furniture, Plastic Household Furniture, Other Household Furniture The global household furniture and kitchen cabinet market size will grow from $352.87 billion in 2022 to $375.25 billion in 2023 at a compound annual growth rate (CAGR) of 6.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of household furniture and kitchen cabinet is expected to grow to $462.01 billion in 2027 at a CAGR of 5.3%. Increasing demand for online shopping is expected to help the household furniture and kitchen cabinets market grow. Manufacturers can now sell their products on a larger platform than before, which will increase their customer base geographically driving the growth of the furniture manufacturing market. In countries such as India, for instance, e-commerce portals have boosted the sales of household furniture and kitchen cabinet manufacturers by giving larger exposure to producers who were confined to one geography. Major companies in the household furniture and kitchen cabinet market include Ashley Furniture Industries Inc., Masco Corporation, Man Wah holdings, La-Z-Boy, Hooker Furniture Corp., Leggett & Platt Incorporated, Samson Holding Ltd., Knoll Inc., Ethan Allen Interiors Inc., and Flexsteel Industries Inc. The outbreak of Corona virus disease (COVID-19) has acted as a massive restraint on the household furniture and kitchen cabinet manufacturing market in 2022 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China and spread globally including Western Europe, North America and Asia. Steps by national governments to contain the transmission have resulted in halting of manufacturing activities and a decline in economic activity with countries entering a state of '‘lock down'’ and the outbreak had a negative impact on businesses throughout 2021 and into 2021. However, it is expected that the household furniture and kitchen cabinet market will recover from the shock across the forecast period as it is a 'black swan' event and not related to ongoing or fundamental weaknesses in the market or the global economy RTA furniture is gaining traction among homeowners and renters globally. This is primarily because RTA furniture are cheap and serves the purpose of quick furnishings. The RTA furniture, also known as Knock Down furniture is not assembled by the manufacturer and is available in parts with instructions to assemble the piece of furniture. Already popular in developed countries, RTA furniture has been gaining traction in developing economies such as China and India. RTA furniture also benefits manufacturers by eliminating the assembly time and cost of manufacturing, which allows manufacturers to focus only on design and production of parts. Some examples of RTA furniture include RTA bedroom sets, RTA dressers, RTA computer desks, RTA bookcases, and RTA filing cabinets. For instance, IKEA, a major ready to assemble manufacturer, has opened stores in India owing to the high demand for ready to assemble furniture. Asia-Pacific was the largest region in the household furniture and kitchen cabinet market in 2022. Western Europe was the second largest region in the household furniture and kitchen cabinet market share. The regions covered in the household furniture and kitchen cabinet market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the household furniture and kitchen cabinet market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam. The household furniture and kitchen cabinet market consists of sales of hotel furniture, food cabinets, and retail sales.Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The household furniture and kitchen cabinet market research report is one of a series of new reports from The Business Research Company that provides household furniture and kitchen cabinet market statistics, including household furniture and kitchen cabinet industry global household furniture and kitchen cabinet market size, regional shares, competitors with a household furniture and kitchen cabinet market share, detailed household furniture and kitchen cabinet market segments, market trends and opportunities, and any further data you may need to thrive in the household furniture and kitchen cabinet industry. This household furniture and kitchen cabinet market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Community food services refer to a collaborative effort of a community in preparing and providing food for the poor and hungry in order to enhance the social welfare of that particular place or community. This can help relax people and help them interact and having a meal together gives people something to talk about. The main types of products and services of community food services are soup kitchen and on-site meal provision, food pantry services, food collection and distribution services, and other services. A food pantry is a distribution center that provides food to needy families. The different types of the system include conventional food service system, centralized food service system, ready-prepared food service system, and assembly-serve food service system, and are used by commercial and non-commercial sectors. The global community food services market is segmented - 1) By Products and Services: Soup Kitchen and On-site Meal Provision, Food Pantry Services, Food Collection And Distribution Services, Other Services 2) By System: Conventional Foodservice System, Centralized Foodservice System, Ready Prepared Foodservice System, Assembly-Serve Foodservice System 3) By Sector: Commercial, Non-commercial The global community food services market size will grow from $356.28 billion in 2022 to $377.08 billion in 2023 at a compound annual growth rate (CAGR) of 5.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global community food services is expected to grow to $458.93 billion in 2027 at a CAGR of 5.0%. The increasing crowdfunding is projected to boost the demand for the community food services market. Crowdfunding is a method of raising capital from individual investors, customers, and the general public through crowdfunding and social media platforms. The global crowdfunding statistics published in May 2020 indicated a rapid growth in the crowdfunding market worldwide with China and the USA contributing 70.7% and 20.0%, respectively. Moreover, JustGiving, a UK-based online fund-raising platform raised about $7,705.8 to provide emergency food for vulnerable, elderly, and low-income people during the COVID-19 crisis in 2020. This has led to a greater supply for the industry's food aid and social services, enabling industry organizations to meet the demand for food services. Thus, the growth in crowdfunding is expected to act as a major driver for the growth of the community food services market. Major players in the community food services market are Feeding America, City Harvest, Equal Heart, Volunteers Of American CO BR, A.D. Food Service, Gratzi Catering, CRS Employment Services, Feedmore Western New York, Giica, Chata, Second Harvest Food Bank Of Greater New Orleans & Acadiana, Good Shepherd Food Bank, The Meals on Wheels Association of America and Meals on Wheels Ministry are the same, Good Fortune Restaurant, City Harvest, and The Meals on Wheels Association of America. The rise in the price of consumer goods, particularly food items, is restricting the growth of the community food services market. In 2020, the US Department of Agriculture has stated that food prices will increase between 1.5% and 2.5%. Dairy prices are expected to rise from 1.5% to 2.5%, vegetable prices by 1%, fresh fruit prices by 1% to 2%, cereal, and bakery products prices by 2% to 3%, beef and meal prices by 1%, poultry by 0.5% to 1.5%, and pork prices by 1.5% and 2.5%. Thus, the increase in the cost of food is expected to limit market growth during the forecast period. The launch of various programs to serve community food service requirements is becoming an emerging trend in the community food services market. For instance, in March 2020, Food Finders Food Bank, operating in community food services launched the Mobile Pantry Program. The outreach program directly serves patrons in areas where food is needed to supplement other starvation relief agencies. The mobile pantry truck travels around North Central Indiana providing nutritious perishable and non-perishable food and providing at least 6,500 lbs. of food to each place, which is sufficient for 140 families to receive 40-50 pounds of food. The Mobile Food Pantry allows organizations the ability to serve the needs of society. In May 2020, The Dohmen Company Foundation partnered with Common Ground Healthcare Cooperative (CGHC) for providing 14 free meals per week to 100 CGHC members in need in Milwaukee, a city in the U.S. It addresses some of the urgent community needs for food caused by the COVID-19 pandemic while advancing the foundation's long-term mission to revitalise communities and their people through food. For six weeks, Dohmen's Food for Health program will provide 100 participants with 14 meals a week at no cost. Besides the meals, Dohmen also provides free health monitoring materials, including blood pressure monitors, scales, and health applications, so participants can keep track of their health goals. Western Europe was the largest region in the community food services market in 2022. Asia-Pacific was the second-largest region in the global community food services market share. The regions covered in the global community food services market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the community food services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The community food services market consists of revenues earned by entities by community meals, food banks, food pantries, meal delivery programs, mobile soup kitchens. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The community food services market research report is one of a series of new reports from The Business Research Company that provides community food services market statistics, including community food services industry global market size, regional shares, competitors with a community food services market share, detailed community food services market segments, market trends and opportunities, and any further data you may need to thrive in the community food services industry. This community food services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Cutlery and hand tools refer to any of the tools that are cheaper than power instruments and versatile, consisting of metal, that artisans use when performing manual tasks, such as cutting, chiselling, sawing, filing, or forging, and can be used in manual operations to work without the use of power and operate at any time. The main types of cutlery and hand tools are metal kitchen cookware, utensil, cutlery, flatware, saw blade, and hand tool. Utensils refer to the cookware that is used for cooking. The sales channels are online sales, company direct sales, and other sales channels. These are used in households, and commercial. The global cutlery and hand tools market is segmented - 1) By Type: Metal Kitchen Cookware, Utensil, Cutlery and Flatware, Saw Blade and Hand Tool 2) By Application: Household, Commercial 3) By Sales Channel: Online Sales, Company Direct Sales, Other Sales Channel The global cutlery and hand tools market size grew from $156.34 billion in 2022 to $169.49 billion in 2023 at a compound annual growth rate (CAGR) of 8.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global cutlery and hand tools is expected to grow to $225.81 billion in 2027 at a CAGR of 7.4%. Rapid advances in wireless technology and miniaturization (which refers to designing smaller components for equipment) are expected to drive innovation in cutlery and hand tool manufacturing, thus driving the market during the forecast period. Furthermore, technologies such as 3D printing, artificial intelligence, and big data analytics are being used during the manufacturing process, resulting in higher productivity, lower operating costs, and higher margins. For instance, according to the Compass, the internet traffic is projected to three times from earlier in 2022 and the share of IoT devices is expected to rise 28% by 2025. This allows companies to expand production and increase product portfolio, thus driving the growth of the cutlery and hand tools market going forward. Major companies in the cutlery and hand tools market include Stanley Black & Decker Inc., Techtronic Industries Co. Ltd., Procter & Gamble, Apex Tool Group, Griffon Corporation, Snap-on Inc., Atlas Copco AB, Lifetime Brands Inc., Blount International Inc., and Kennametal Inc. The launch of new products and market growth is expected to affect the supply chain operations of the cutlery and hand tool manufacturing market, during the forecast period. A major limitation is an uncertainty over raw material suppliers’ ability to meet market demand. Going forward, long delays and unproductive downtime in manufacturing facilities due to lack of supply chain visibility will continue to be a key challenge for metal and mineral manufacturers. According to a KPMG survey, only 17% of companies have ‘complete visibility of their suppliers. Poor supply will result in an inability to meet market demand and will restrain the industry’s growth. The demand for metal additive manufacturing is growing worldwide, especially in countries such as Germany, Japan, China, and India. This is primarily due to increasing consumer demand for lightweight, faster, and fuel-efficient automobiles, which drive the demand for metal additive manufacturing. Metal additive manufacturing is a 3D printing technology used to manufacture the final product by stacking layers of material and then being polished for a seamless appearance. In 2022, according to Cybercrew, the 3D printing industry will grow at a CAGR OF 10%, which was at $10 billion in 2019. Increased investment in metal additive manufacturing technology is further leading to process improvements, lower productions costs in allied manufacturing industries. The Asia-Pacific was the largest region in the cutlery and hand tools market share in 2022. Western Europe was the second-largest region in the cutlery and hand tools market. The regions covered in the global cutlery and hand tools industry report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the cutlery and hand tools market include Argentina, Australia, Austria, Bangladesh, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Iran, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, Ukraine, USA, Vietnam. The cutlery and hand tools market consists of sales of bakeware, measuring cups, and knives. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The cutlery and hand tools market research report is one of a series of new reports from The Business Research Company that provides cutlery and hand tools market statistics, including cutlery and hand tools industry global market size, regional shares, competitors with a cutlery and hand tools market share, detailed cutlery and hand tools market segments, market trends and opportunities, and any further data you may need to thrive in the cutlery and hand tools industry. This cutlery and hand tools market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.