In 2021, approximately ** percent of respondents in the United States (U.S.) stated that they have cooked more often, since the start of the COVID-19 pandemic. Furthermore, approximately ** percent stated that they have cooked more with family members. Food preparation & cooking since the start of the pandemic In April 2020, another survey comparing changes in eating and food preparation since the beginning of the pandemic found that nearly ** percent of participants in the U.S. stated that they cook at home more often than before. When the survey was repeated in May 2021, this figure shrank to ** percent. According to the survey results, nearly ** percent stated that they are snacking more. Other behavioral trends since the start of the pandemic The pandemic has had many effects on our behavior. One survey in May 2020 asked respondents in the U.S. about changes in their activities while staying at home due to the pandemic. Nearly ** percent of participants in the U.S. stated that they are watching more TV than before. This figure was significantly higher than the share of participants in the United Kingdom (U.K.) and Germany, where approximately ** and ** percent stated the same, respectively. In the United States, nearly ** percent stated that they are watching online streaming services (e.g. Netflix) more often, while this figure was ** and ** percent in the U.K. and Germany, respectively. Another trend is that the share of digital spending has increased as well, particularly among (18-23 years olds) and Millennials (24-39 years olds).

As COVID-19 swept across North America in 2020 and 2021, the resulting lockdowns led to an increase in home cooking activity. In the United States, the average adult consumer cooked nearly ***** meals per week in 2021, up from *** meals in 2019. Comparing the U.S. with its neighbors Canada and Mexico, the increase in cooking was the largest for Mexicans. In Mexico, the average surveyed respondent cooked nearly *** meals per week in 2021.

Over ** percent of restaurant and food service experts in India expected delivery from home chef kitchens to be the most important trend in 2021. The concept of home chef kitchens is similar to ghost or cloud kitchens: Food is prepared exclusively for delivery and there is neither contact to customers nor a physical restaurant. The difference is that ghost or cloud kitchens are located outside of the cook's living environment, whereas, home chefs cook at home. The panel of experts consisted of restaurant and food service experts, such as chefs, restaurant owners, founders of food start-ups, journalists, or critics.

According to a survey among young Chinese in 2021, around half of respondents said they cooked at least a few weeks at home. About *** percent of surveyed young people stated that they never cook at home.

In 2021, approximately ** percent of participants in a survey conducted in the Unite States stated that have cooked more for their child or children at home due to the COVID-10 pandemic. Nearly ** percent of respondents stated that the pandemic made them focus more on purchasing foods that are known to boost children's immune system functions.

During the coronavirus pandemic, cooking activity increased in households all over Europe. For instance, in Germany, the average consumer cooked *** meals per week in 2021, up from ***** meals in 2019. The largest difference was observed in the United Kingdom, where surveyed respondents cooked *** more meals per week in 2021 than in 2019.

Canada Re-Export Vol: HS: AIS: Appliance parts clearly identifiable as for household, cooking, camping, Other data was reported at 0.000 Unit in Oct 2021. This stayed constant from the previous number of 0.000 Unit for Sep 2021. Canada Re-Export Vol: HS: AIS: Appliance parts clearly identifiable as for household, cooking, camping, Other data is updated monthly, averaging 0.000 Unit from Oct 2009 (Median) to Oct 2021, with 145 observations. The data reached an all-time high of 0.000 Unit in Oct 2021 and a record low of 0.000 Unit in Oct 2021. Canada Re-Export Vol: HS: AIS: Appliance parts clearly identifiable as for household, cooking, camping, Other data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.WA011: Re-Exports Volume: by Harmonized System 6 Digits (Discontinued).

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The commercial foodservice equipment market in US share is expected to increase by USD 2.43 billion from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 3.76%.

This commercial foodservice equipment market in us research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers commercial foodservice equipment market in us segmentations by product (foodservice disposables and gloves, refrigeration and ice machine, primary cooking equipment, storage and handling equipment, and others), end-user (restaurants, hotels, retail, and others), and geography (US). The commercial foodservice equipment market in us report also offers information on several market vendors, including AB Electrolux, Ali Group Srl, Alto-Shaam Inc., Cambro Manufacturing Co., Dover Corp., Duke Manufacturing, HOSHIZAKI Corp., Illinois Tool Works Inc., The Middleby Corp., and Welbilt Inc. among others.

What will the Commercial Foodservice Equipment Market In US Size be During the Forecast Period?

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Commercial Foodservice Equipment Market In US: Key Drivers, Trends, and Challenges

Based on our research output, there has been a neutral impact on the market growth during and post COVID-19 era. The growth of foodservice market is notably driving the commercial foodservice equipment market in us growth, although factors such as high installation cost and maintenance may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the commercial food service equipment in US industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Commercial Foodservice Equipment Market In US Driver

The growth of the foodservice market is one of the key factors driving the growth of the commercial foodservice equipment market in the US. The growth of the foodservice market in US will directly influence the growth of the commercial foodservice equipment market in US. The increasing demand for ready-to-eat food in the country drives the expansion of food service establishments, mainly limited-service restaurants. For instance, in 2019, limited-service restaurants accounted for nearly two-fifth of the sales in the food away-from-home market in US. Full-service restaurants held a share of around one-third in the same year. The massive expansion of limited-service restaurants drives the growth of the commercial foodservice equipment market in US. For instance, Marco's Pizza opened 100 new stores in 2019, out of which 84 were located in the US and the remaining in Puerto Rico. Similarly, Dunkin Brands Group LLC opened 76 new Dunkin' and Baskin-Robbins stores in the US in the fourth quarter of 2019. These companies are expected to open several new stores in the country during the forecast period.

Key Commercial Foodservice Equipment Market In US Trend

The growing focus on advanced technology will fuel the commercial foodservice equipment market growth in the US. Consumers in the US are among the quickest adopters of advanced technologies. They also intend to replace their old commercial foodservice equipment with advanced ones. Hence, the manufacturers of commercial food service equipment in the country must effectively address the needs of the customers for innovative technologies. For instance, vendors of primary cooking equipment are looking to reduce the cooking time by improving the technology and including better sensors and controls in the equipment, which would help in ensuring the efficiency of the equipment. The addition of pre-programmable features and display screens in food preparation equipment can make the cooking experience more interactive and enhance the user experience. Many market players are also increasing their focus on advancing storage and handling equipment where food items can be secured from cross-contamination. The above factors will increase the market growth during the forecast period.

Key Commercial Foodservice Equipment Market In US Challenge

The high installation cost and maintenance are a major challenge for the commercial foodservice equipment market growth in the US. Various commercial kitchens incur different costs to set up equipment. For instance, the cost of outfitting a commercial kitchen for a small food service establishment can usually be as low as $15,000 and as high as $150,000. Also, the setting up of ventilation and refrigeration equipment can incur more costs than that of some cooking equipment. Certain commercial foodservice equipment that is used in various end-user segments incur high instal

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Modular Kitchen Market Size 2024-2028

The modular kitchen market size is forecast to increase by USD 15.11 bn at a CAGR of 6.43% between 2023 and 2028.

The market is experiencing significant growth due to the increasing demand for convenient and customized kitchen solutions with a wide design variety. Open modular kitchens, in particular, are gaining popularity for their sleek and modern appearance. However, market fragmentation and competition from local carpenters pose challenges for market players. Consumers are increasingly seeking out modular kitchens for their space-saving design and ease of installation. Additionally, the trend towards open-plan living has fueled the demand for modular kitchens that can seamlessly integrate with other areas of the home. Despite these opportunities, market players must navigate the competitive landscape and maintain quality to differentiate themselves from local carpenters and other competitors.

What will be the Size of the Modular Kitchen Market During the Forecast Period?

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The market encompasses the production and sale of prefabricated kitchen units, including wall units, base units, and cabinets. These systems offer enhanced hygiene, space management, and cost-efficiency compared to traditional kitchens. The market's growth is driven by various factors, such as the increasing nuclear families' standard of living and socio-economic conditions. Post-lockdown, there has been a surge in demand for modular kitchens due to their ease of installation and customization. Aesthetics play a significant role In the market's expansion, with consumers seeking sleek designs and innovative features. In the food service industry, fast-food chains and restaurants are increasingly adopting modular kitchens for their cost-effectiveness and streamlined operations.
New product developments continue to emerge, with advancements in ventilation systems addressing cooking fumes, and the integration of natural light, overhead lights, under-cabinet lights, and raw materials like plastic, metal, and wood. Maintenance costs remain a consideration, with domestic brands offering competitive pricing and ongoing support.

How is this Modular Kitchen Industry segmented and which is the largest segment?

The modular kitchen industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Type

  L-shaped
  U-shaped
  Straight kitchen
  G-shaped and others


Product

  Floor cabinets
  Wall cabinets
  Tall storage


Geography

  Europe

    Germany
    UK


  APAC

    China
    Japan


  North America

    US


  Middle East and Africa



  South America

By Type Insights

The l-shaped segment is estimated to witness significant growth during the forecast period. The L-shaped modular kitchen segment experiences continuous growth In the global market due to its functionality, practicality, and aesthetic value. This kitchen design, characterized by an L-shaped counter and cabinets along two adjoining walls, optimizes space utilization and facilitates seamless workflow. With ample storage options, countertop space, and flexibility in appliance placement, it caters to various kitchen sizes. The design's popularity stems from its ability to combine efficiency and style. Incorporating essential elements such as hygiene, space management, and cost-efficiency, this kitchen layout caters to the needs of nuclear families and the increasing standard of living. Socio-economic conditions and customer tastes influence its demand.

Aesthetics are addressed through various raw materials like plastic, metal, and wood, as well as eco-friendly alternatives such as recycled plastic, granules, enamel stones, and charcoal grays. Fast-food chains and open kitchen concepts have also contributed to the market's growth. New products, such as ventilation systems, chimneys, exhaust fans, natural light, overhead lights, and under-cabinet lights, enhance the kitchen experience. Maintenance costs and domestic brands influence purchasing power, while tariffs and trade routes impact market dynamics. The middle-class population's expansion and the increasing number of housing units further fuel the market's growth. Premiumization, contractors, and living spaces are other key factors shaping the market.

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The L-shaped segment was valued at USD 8.47 bn in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

Europe is estimated to contribute 39% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

For more insig

According to Cognitive Market Research, the global Cast Iron Cookware market size is USD 2.5 billion in 2023 and will expand from 2023 to 2030 with a compound annual growth rate (CAGR) of 4.20%.

The global cast iron cookware market will expand at a significant rate of 4.20% CAGR between 2023 and 2030.
One of the major factors driving the growth of the global market for cast iron cookware is the rise in consumer awareness of the health risks connected with aluminum, coated, and non-stick cooking equipment.
Demand for unseasoned remains higher in the cast iron cookware market.
The dutch ovens held the highest cast iron cookwares market revenue share in 2023.
Asia Pacific will continue to lead, whereas the North American cast iron cookware market will experience the strongest growth until 2030.

Expansion of Food Service Industry to Provide Viable Market Output

Due to consumers' increasing preference for sanitary and healthy meals, the food service business has experienced a boom in recent years. The development of the food service sector has made it necessary to use high-quality cookware to prepare food clean and nutritiously.

In 2021, the size of the world market for food services was 2.52 trillion dollars. This amount was predicted to increase to $4.43 trillion in 2028, representing a CAGR of 9.9% from 2021 to 2028.

(Source:www.statista.com/statistics/1095667/global-food-service-market-size/)

Because they are enduring, have equal heat distribution, and are simple to clean, this has increased demand for cast iron cookware. The expansion of the food service and processing industries has led to a considerable rise in the demand for cast iron cookware globally.

Increasing awareness of using cast iron cookware for cooking to propel market growth

Market Dynamics of Cast Iron Cookware

Price Volatility for Raw Materials to Restrict Market Growth

The rising cost of commodities like steel, copper, and glass are significant roadblocks to market progress. These fundamental components have a variety of uses in the cookware industry, and shifts in the price of raw materials have an immediate impact. Just a few of the available steel types include carbon steel, high-temperature steel, high-speed steel, and stainless steel. These materials are used in various applications, including building, transportation, packaging, energy, and appliances. Despite their limited supply, this has led to an increase in demand. Due to the impact of global geopolitical events on the supply chain, the price volatility is expected to remain for the foreseeable future. Iron prices are directly impacted by changes in the price of raw materials, affecting the user industries of real estate and housing, infrastructure and construction, transportation, and consumer products.

Impact of COVID-19 on Cast Iron Cookware Market

Cast iron cookware sales have been affected in several ways by the Covid-19 epidemic. The COVID-19 pandemic has delayed the growth of several global sectors, which has caused significant disruption for both buyers and sellers. The closure of international markets and manufacturing facilities has stopped the product's creation, distribution, and marketing. While initially affecting the supply chain and impacting store sales, the pandemic resulted in an increased focus on cooking and domestic activities. Cast iron cookware, in particular, rose in popularity as more people started cooking at home. The epidemic highlighted the significance of sturdy and adaptable cookware for domestic cooking requirements. Introduction of Cast Iron Cookware

A subset of cast-iron cookware is heavy-duty cast-iron cookware. Most cast iron cookware is produced using low-tech or traditional methods. It is recognized for its capacity to endure extremely high temperatures while cooking with little to no oil. It is ideal for slow cooking due to its ability to retain heat. One can make many foods because cast iron cookware is inexpensive and adaptable. Recent years have seen a significant shift in consumer behavior, with people now preferring to do their product research online on e-commerce websites and buy a variety of cookware, including electric, nonstick, and cast iron cookware. As a result, the market is being strengthened by rising consumer awareness of the health dangers associated with nonstick cookware and aluminum products and a burgeoning online retail industry.

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The mean expenditure on cooking stoves and ovens by house owners in the United States varied over the past ten years with the lowest spending recorded in 2012 with a mean of 21.65 U.S. dollars. In 2019 and 2020 on the other hand the mean expenditure on cooking stoves and ovens stood at above 60 U.S. dollars.

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The induction cookware market share is expected to increase by USD 1.37 billion from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 4.2%.

This induction cookware market research report provides valuable insights on the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers induction cookware market segmentation by product (pan, skillet pan, pressure cooker, dutch oven, and stockpot), end-user (residential and commercial), and geography (North America, APAC, Europe, South America, and MEA). The induction cookware market report also offers information on several market vendors, including Chantal Corp., Groupe SEB, Meyer Corp., Newell Brands Inc., NuWave LLC, Stove Kraft Ltd., The Middleby Corp., Whirlpool Corp., Williams-Sonoma Inc., and ZWILLING J.A. Henckels AG among others.

What will the Induction Cookware Market Size be During the Forecast Period?

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Induction Cookware Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a negative impact on the market growth during and post-COVID-19 era. The expansion of distribution networks is notably driving the induction cookware market growth, although factors such as volatility in raw material prices may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the induction cookware industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Induction Cookware Market Driver

One of the key factors driving the induction cookware market during the forecast period is the expansion of distribution networks. Vendors are adopting different strategies to promote their brands and broaden their customer base. One of the popular strategies that market players have adopted is the expansion of distribution channels. The omnichannel model of distribution is also becoming popular among induction cookware manufacturers as they are entering the online retail space to gain more customers and improve brand recognition. However, vendors are continuously emphasizing distributing and promoting their modern cooking appliances not only through physical retailers but also through online shopping portals. Furthermore, online retailing has provided opportunities for vendors in the global induction cookware market to increase their sales, expand their geographical presence, and improve customer relations and profitability. Newell Brands, Whirlpool (KitchenAid), Conair, and others sell their products through their own shopping websites. The expansion of their distribution channels will lead to higher revenue for the market during the forecast period.

Key Induction Cookware Market Trend

Growing innovations and adoption of advanced technology are other factors supporting the induction cookware market growth in the forecast period. One of the trending innovations in the field of induction cookware is smart connectivity using Wi-Fi and Bluetooth. Such smart induction cookware is controlled and monitored through mobile apps installed on smart gadgets. Manufacturers are also focusing on introducing smart connectivity features in their upcoming modern cooking appliances, such as multicookers and slow cookers, in order to gain customer attention and increase their market shares. For instance, Xiaomi offers an induction-based rice cooker called Mijia Smart Rice Cooker in India, which can be controlled via Xiaomi’s Mi Home app. It can be connected to Bluetooth and be controlled and monitored through smart gadgets. It combines the benefits of pressure cookers, porridge makers, steamers, slow cookers, rice cookers, yogurt makers, sautés pans, food warmers, and others. These products are convenient as they eliminate the need for separate kitchen appliances, thus making more space in the kitchen. Belkin, another vendor, offers smart connected slow cookers, which can be connected to the Internet. During the forecast period, many other vendors are expected to introduce smart electric container cook pots.

Key Induction Cookware Market Challenge

Volatility in raw material prices will be a major challenge for the induction cookware market during the forecast period. The prices of the raw materials used in the manufacturing of induction cookware such as steel, aluminum, and copper do not remain constant but fluctuate constantly based on their availability. Also, the growing gap between supply and demand in recent years has increased the cost of raw materials considerably. Any increase in the price of raw materials increases the manufacturing cost of induction cookware and leads to lower profit margins f

As of August 2021, cooking oil had a penetration rate of nearly 100 percent in both urban and rural areas of Vietnam, followed by sugar and fish sauce. Comparatively, MSG penetration was higher in rural areas with ** percent than in urban areas with ** percent. As a result of the Covid-19 pandemic, consumers have become more interested in cooking and eating at home.

In 2021, over 60 percent of the respondents in a Christmas survey in Nigeria who were asked about their plans for Christmas celebrations confirmed having planned a variety of activities for Christmas, including home cooking, attending church, and having dinner with the family. Moreover, over 55 percent also confirmed adding home decorations and watching movies with the family. One quarter of the participants said they were either going for a walk or attending a concert.