LONDON--(BUSINESS WIRE)--Technavio has announced the top five leading vendors in their recent global commercial panini grills market report. This market research report also lists eight other prominent vendors that are expected to impact the market during the forecast period.
Competitive vendor landscape
According to the research analysis, the global commercial panini grills market vendors are competing based on various factors including pricing, technology, product variations, and type of the surface of the grill plate. Vendors are looking to provide wide varieties of panini grills with different grill plate variations such as grooved and smooth surfaces for different kinds of food items. The vendors are also focusing on providing equipment with improved technology, such as high-speed panini grills and programmable controls for menu customization and ergonomic designs to achieve ease of operation.
"The market is witnessing an increase in competition from new players that are entering the market. Moreover, the presence of many local players that are significantly popular among the local independent food service establishments may curtail the growth of the large vendors in the market,” says Manu Gupta, lead food service analyst from Technavio.
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Technavio food and beverage market research analysts identify the following key vendors:
Hatco
Hatco specializes in manufacturing food warming and food holding equipment. Its commercial panini grills are available under the light cooking equipment category. The company caters to both commercial and non-commercial end-users. Its commercial end-users include catering, convenience stores, hotels, FSRs, QSRs, and supermarkets.
Sirman
Sirman offers a wide range of products such as blender, blast chiller, juicer, mixer, oven, fryer, meat grinder, and panini grill. The company has a wide product portfolio with more than 15 models of commercial panini grills. Some of its commercial panini grills are provided with shock-proof coated heating elements. The equipment also has a thermostat temperature control with the maximum heating temperature up to 300°F. It offers commercial panini grills with single lid and double lids.
Star Manufacturing International
Star Manufacturing International provides numerous types of commercial food service equipment (FSE), which include ovens, griddles, charbroilers, fryers, hot plates, omelet makers, warmers, toasters, display merchandisers, and grills. The company provides numerous models of commercial panini grills with grill plates made of aluminum and cast iron.
The Vollrath Company
The Vollrath Company provides a wide range of products under various categories, which include food prep equipment, countertop cooking equipment, countertop warming and display, mobile serving equipment, and fabricator components. The company mainly caters to segments such as retail, restaurants, institutions, hotels, catering companies, and convenience stores. The company provides both aluminum and cast iron panini grill plates, and the cast iron grill plates come with single and double lid options.
Waring
Waring provides a wide range of equipment and is one of the leading manufacturers of professional quality appliances for the food service, residential, and laboratory industries. Its wide product offerings include blenders, ovens, toasters, juicers, mixers, fryers, food processors, grills, and griddles. The company provides panini grills with both grooved plates and smooth grill plates, depending on the requirement of the end-users.
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Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.
Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
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