Market Overview:
The Global Food Warming Trays Market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the rising demand for food warming trays in commercial and household applications. Metal food warming trays are the most popular type of food warming tray, owing to their durability and heat retention properties. Glass food warming trays are gaining popularity due to their aesthetic appeal and ability to withstand high temperatures without breaking.
Product Definition:
A food warming tray is a device that is used to keep food warm. It can be used to keep food warm until it is ready to be served, or it can be used to keep food warm during a buffet. Food warming trays are important because they help ensure that food stays at a safe temperature and that it does not get cold.
Metal Food Warming Trays:
Metal food warming trays are used to heat the food and other products in a safe manner. It is also known as thermal processing equipment, which is widely used in various end-use industries such as pharmaceuticals, biotechnology, research institutes and hospitals among others. The metal food warming trays market has witnessed significant growth over the past few years owing to its increasing demand from various end-user industries including pharmaceuticals & biotechnology among others.
Glass Food Warming Trays:
Glass food warming trays are small-sized containers that are used to heat or warm the food products in a microwave oven. The product is made of high quality glass and has a non-stick coating on the interior surface, which helps in easy heating of the food. It also aids in retaining the nutritional value and taste of various foods.
Application Insights:
The commercial application segment held the largest share of over 70.0% in 2017. The growing number of food joints and restaurants at global level is expected to be a key factor for market growth over the forecast period. Increasing spending on hospitality industries by consumers from developing countries including China, India and Brazil is projected to remain a favorable factor for industry expansion during the forecast period.
The household application segment accounted for a significant portion in 2017 owing to rising awareness about health benefits associated with proper meal preparation at home instead of dining out or consuming pre-prepared foods that are likely to have been heated at an improper temperature. Rising prices of ready-to-eat foods have compelled consumers in developed economies including U.S.
Regional Analysis:
North America dominated the global market in 2017 owing to high demand for convenient food warming trays from households. The region is expected to witness a CAGR of XX% over the forecast period, which can be attributed to increasing awareness regarding health and hygiene among consumers. Moreover, rising number of restaurants and cafes are expected to drive product demand in this region.
Asia Pacific is anticipated to register significant growth over the forecast period owing to rapid urbanization and changing lifestyle patterns among people resulting into increased spending on food related activities such as dining out or home cooked meals with friends & family members thus creating a need for convenient products such as glass warmers that can quickly heat up foods placed upon them instead of waiting for several minutes until they reach room temperature thus shortening preparation time required by consumers.
Growth Factors:
- Increasing demand for food warming trays from the hospitality sector as it helps in keeping the food warm and fresh.
- Rising demand for food warming trays from the healthcare sector as it helps in keeping the food warm and fresh.
- Growing popularity of buffet style dining, which requires use of food warming trays to keep the dishes warm and appetizing for guests.
- Increasing number of single-person households, who prefer using food warming trays to heat up their meals instead of using a microwave oven or stovetop cooking methods that can be time consuming and inconvenient at times.
Scope Of The Report
Report Attributes
Report Details
Report Title
Food Warming Trays Market Research Report
By Type
Metal Food Warming Trays, Glass Food Warming Trays, Stone Food Warming Trays
By Application
Commercial, Household
By Companies
Cadco, Hatco, Jarden Consumer Solutions, The Vollrath Company, Waring, Tomlinson Industries, Toastess, Nostalgia Products, Spring USA, Brentwood Appliances, Cadco
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
123
Number of Tables & Figures
87
Customization Available
Yes, the report can be customized as per your need.
Global Food Warming Trays Market Report Segments:
The global Food Warming Trays market is segmented on the basis of:
Types
Metal Food Warming Trays, Glass Food Warming Trays, Stone Food Warming Trays
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial, Household
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Cadco
- Hatco
- Jarden Consumer Solutions
- The Vollrath Company
- Waring
- Tomlinson Industries
- Toastess
- Nostalgia Products
- Spring USA
- Brentwood Appliances
- Cadco
Highlights of The Food Warming Trays Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Metal Food Warming Trays
- Glass Food Warming Trays
- Stone Food Warming Trays
- By Application:
- Commercial
- Household
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Food Warming Trays Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Food warming trays are a great way to keep food warm and fresh. They come in a variety of shapes and sizes, so they can accommodate any type of food.
Some of the key players operating in the food warming trays market are Cadco, Hatco, Jarden Consumer Solutions, The Vollrath Company, Waring, Tomlinson Industries, Toastess, Nostalgia Products, Spring USA, Brentwood Appliances, Cadco.
The food warming trays market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Food Warming Trays Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Food Warming Trays Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Food Warming Trays Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Food Warming Trays Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Food Warming Trays Market Size & Forecast, 2020-2028 4.5.1 Food Warming Trays Market Size and Y-o-Y Growth 4.5.2 Food Warming Trays Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Metal Food Warming Trays
5.2.2 Glass Food Warming Trays
5.2.3 Stone Food Warming Trays
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Commercial
6.2.2 Household
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Food Warming Trays Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Food Warming Trays Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Metal Food Warming Trays
9.6.2 Glass Food Warming Trays
9.6.3 Stone Food Warming Trays
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Commercial
9.10.2 Household
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Metal Food Warming Trays
10.6.2 Glass Food Warming Trays
10.6.3 Stone Food Warming Trays
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Commercial
10.10.2 Household
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Metal Food Warming Trays
11.6.2 Glass Food Warming Trays
11.6.3 Stone Food Warming Trays
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Commercial
11.10.2 Household
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Metal Food Warming Trays
12.6.2 Glass Food Warming Trays
12.6.3 Stone Food Warming Trays
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Commercial
12.10.2 Household
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Metal Food Warming Trays
13.6.2 Glass Food Warming Trays
13.6.3 Stone Food Warming Trays
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Commercial
13.10.2 Household
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Food Warming Trays Market: Competitive Dashboard
14.2 Global Food Warming Trays Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cadco
14.3.2 Hatco
14.3.3 Jarden Consumer Solutions
14.3.4 The Vollrath Company
14.3.5 Waring
14.3.6 Tomlinson Industries
14.3.7 Toastess
14.3.8 Nostalgia Products
14.3.9 Spring USA
14.3.10 Brentwood Appliances
14.3.11 Cadco