Authored By: Sarah
08 Nov 2023

Increasing consumption of pizza in developing countries and rising popularity of fast-casual pizza restaurants is boosting the Pizza Oven Market |Forecast for 2023-2027|Technavio

The Pizza Oven Market is likely to experience steady growth because of the increasing consumption of pizza in developing countries followed by the rising popularity of fast-casual pizza restaurants. Rising at a CAGR of 5.18%, the market is estimated to have an incremental growth of USD 149.61 Mn through 2023 - 2027.

Leading companies Ali Group Srl, BakerStone, Californo, Cuppone Srl, EarthStone Wood Fire Ovens, Fiero, Fontana Forni USA, Henny Penny Corp., Il Forno By Marco, Marra Forni, Morello Forni Italia Srl, Mugnaini Imports Inc., etc are some of the major participants. Our report comes with a data-backed analysis of the major market players.

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Snapshot of Pizza Oven Market Analysis 

 Technavio Analyst Quoted ~ “ Consumer expenditure is rising in emerging economies such as China, India, Brazil, South Africa, and Indonesia, primarily due to aspirations for higher living standards. Because of their increased affluence, increased access to commodities, and increased urbanization, these customers are gravitating toward European food products, especially pizza. ” 

Technavio’s recent analysis of the pizza oven market includes a detailed examination of its revenue forecasts, including market drivers and challenges, key market participants, and growth opportunities followed by a detailed study of the market segment in Europe, North America, APAC, South America, and the Middle East and Africa, geographically during the forecast period. Refer to our best-selling sample report on the Pizza Oven Market for all the insights.

Long product replacement cycles and high prices of pizza ovens are expected to hinder the growth of the market. However, increasing focus on customized and hybrid wood-fired ovens and an increase in demand for rapid cooking ovens will have a positive impact on the pizza oven market during the forecast period.

Technavio’s analysis of the Pizza Oven Market also includes:

  • CAGR of the market during the forecast period 2023-2027
  • Detailed information on factors that will drive pizza oven market growth during the next five years
  • Precise estimation of the pizza oven market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the pizza oven market industry across 
  • A thorough analysis of the market’s competitive landscape
  • Comprehensive details of factors that will challenge the growth of Pizza Oven Market
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