DUBLIN--(BUSINESS WIRE)--The "Sous Vide Machine Market - Global Outlook and Forecast 2020 - 2025" report has been added to ResearchAndMarkets.com's offering.
The global sous vide machine market is expected to grow at a CAGR of over 27% during the period 2019-2025.
With advancements in food technology, several restaurant operators are emphasizing on the usage of sous vide machines in their outlets as they offer excellent results, thereby attracting a high number of consumers. It is one of the modernized cooking techniques. Sous vide processes help in cooking the food with incomparable texture and taste.
The food prepared through this technology retains all its nutritional value along with natural sensory qualities. Further, factors such as consistency, precision, and food quality these processes offer are expected to affect the demand for sous vide processes among consumers favorably.
Several restaurants follow the conventional mode of cooking, such as sauting, grilling, steaming or boiling, roasting, or baking. However, with advances in technology and innovations in the food processing segments, especially restaurants, several advanced technologies, and equipment are gaining prominence. Moreover, changing consumer lifestyles are also propelling the demand for new techniques in the food processing segment. Hence, the adoption of new methods of food processing is expected to open avenues for sous vide machine demand in the market.
Market Growth Enablers
- Operational and Nutritional Benefits of Sous Vide
- Safety and Quality of Sous Vide Products
- Growing Restaurant Industry
Market Growth Restraints
- Staffing Challenges in the Restaurant Kitchens
- Threats of Sous Vide in an Unregulated Environment
- Commoditization and Cheap Pricing of China-built Sous Vide Machines
Market Opportunities and Trends
- Dynamic Choices Towards Latest Food Processing Techniques
- Technological Innovations
Marketing and Advertising of the Sous Vide Products
Sous Vide Machine Market: Segmentation
The market research report includes detailed segmentation by product, application, distribution channels, and geography. Immersion circulators are expected to witness growth as they enable smart cooking via interactive applications. These machines are witnessing a widespread usage in the residential sector since they eliminate overcooking and undercooking chances, thereby offering an edge-to-edge perfection in food preparation.
The water ovens segment is expected to grow at the highest CAGR during the forecast period. With increasing upgrades, sous vide machines are not only becoming convenient but are also preferred by homeowners. However, the availability of certain features, including safety, precise, and well-engineered designs, set these appliances apart.
The popularity of sous vide cooking to prepare several food products and dishes among commercial and household segments is gaining traction. This type of cooking is increasing in popularity among restaurant owners and chefs due to the consistency and energy-efficiency this method offers. Major restaurants are emphasizing on procuring advanced and innovative cooking solutions to increase their profitability and reachability.
The high emphasis of vendors to launch feature-rich products is expected to increase market competitiveness. Besides, manufacturers are offering products, which are time and cost-saving, thereby enabling productivity gains. Further, safety features such as chances of risk of contamination and reduction in the risk of occurrence of airborne diseases is anticipated to increase its usage over the forecast period.
The industrial sous vide method involves cooking food under vacuum in airtight plastic pouches submerged in a water bath/cook tank. The increased focus on nutritional value, quality, and convenience among consumers is drive the growth of this segment. Hence, vendors are increasingly focusing on the adoption of solutions and technologies that cater to changing consumer preferences. Vendors are introducing appliances, which offer excellent cooking experience and comfort. North America is expected to witness significant growth in the industrial segment as restaurants are emphasizing technology/digital investments as well as analytics to attract and engage consumers in a personalized manner, thereby increasing the dining frequency, loyalty, and satisfaction.
Insights by Geography
In high-end restaurants in Europe, chefs are showing a significant inclination toward high accurate temperature control during cooking to maintain flavors, texture, and quality alike. With the inclusion of sous vide technology, restaurant chefs are gaining all these benefits, thereby providing enhanced and superior quality food products to customers. The expansion of high-end restaurants across the region and the need to cater to changing consumer preferences are expected to favorably affect the sales of sous vide equipment during the forecast period.
Shifting preferences from traditional manual appliances towards automated equipment or technically advanced equipment or tools in Latin America is expected to open opportunities for sous vide manufacturers in the market. The growing demand for high-quality food products with consistency in nutritional value is expected to favorably impact the overall sales of sous machines in the region.
The growing usage of technologically advanced products is likely to influence the demand for commercial sous vide machine in the MEA region. With the increasing health consciousness, consumers are likely to opt for foods, which are healthier and perfect in taste.
Key Vendor Analysis
The global sous vide machine market is highly concentrated due to the presence of several local and global players in the market. The competition is intense among the market players in the different regions of the world. The rapidly changing technological scenario could adversely affect vendors as customers expect continual innovations and upgrades in the domain. Manufacturers emphasize on identifying market opportunities to increase productivity and efficiently use capital resources. The present scenario is driving vendors to alter and refine their unique value proposition.
One of the key strategies implemented by market players includes the introduction of differentiated products and solutions for application segments. Hence, companies strive to offer differentiated channels for distribution. Major manufacturers are offering and expanding the product lineup with the launch of innovative techniques, thereby gaining an edge over their competitors. With increasing technological innovations among players, the competition is expected to intensify in the product segment. The growing trend for efficient utilization of capital resources is likely to gain significance. Key competitive factors include reliability and quality, product innovation, product support, pricing, warranty, distribution, financing options, and shelf space.
Key Company Profiles
- D C Norris & Company
Other Prominent Vendors
- Calvetti Culinary Creations
- CASO Design
- C&T Design and Equipment
- Clifton at Home
- Cuisine Solutions
- Eades Appliance Technology
- Grant Creative Cuisine
- Hamilton Beach Brands
- Metos Manufacturing
- PLASCON group
- Russell Hobbs
- Stanley Black & Decker
- Taurus Group
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