"Assisting You in Establishing Data Driven Brands"

Toast Maker Market Size, Share & Industry Analysis, By Product Type (Pop-up Type, Conveyor Type, Others (Ovens etc.)), By Application (Residential, Commercial) And Regional Forecast, 2024-2032

Region :Global | Report ID: FBI104436 | Status : Ongoing

 

KEY MARKET INSIGHTS

Bread toast is considered as an everyday breakfast item which is popular among all the age groups across the globe. Toast is easy to prepare with toast makers which saves the time of cooking as toaster hardly takes few minutes to grill a slice. Moreover these devices are compact and therefore do not occupy much space in the kitchen. ,Additionally, toasters are also largely been used at hotels, restaurants and at canteens where large volume appliances are needed. Manufacturers are focusing on developing appliances with USB connections and push buttons along with developments that can lead to energy conservation and thereby cost saving. For instance, Hatco Corporation offers ‘Intelligent Toast-Qwik’ product line. These products are equipped with spot-on technology by which the toaster instantly gets activated as soon as the bread slice is kept on it, whereas after the set time, the toaster automatically switches to the power saver mode, which in turn saves the electricity requirement. Furthermore, , it also has a built-in ‘ColorGuard Sensing System’ which allows the device to monitor conveyor speed by which all the toasts get a uniform color. Therefore technologically advanced appliances with touchpads, bluetooth services, and alarm features are expected to fuel market growth


Bread products are considered as a staple food item and are one of the favorite types of snacks globally which in turn is supporting the growth of the market. Moreover, using whole wheat bread for toasting makes it a healthy meal for children as well. Every individual prefers eating toast differently, in terms of the type of bread used, grilling process, and additional toppings used for value addition. For instance, according to the survey ‘How do Americans like their breakfast foods’ conducted by YouGov PLC in 2019, in America, about 58% of surveyed population preferred their bread to be ‘somewhat lightly toasted’, 28% said that they prefer it to be a little bit darker, whereas 4% preferred for their bread to be very darkly toasted, and 1% said they like completely burnt their toast. The toaster allows setting the degree of heating by which different levels of browning of the bread can be obtained and this is a feature in turn is supporting the market growth. Moreover, increasing demand for grilled bread slices in hotels is also expected to fuel product demand.

However, the appliance is difficult to clean which can hamper the product demand. Moreover, consuming a large number of bakery products can lead to obesity and increasing awareness regarding such health concerns is expected to reduce toast consumption and thereby restain market growth

Up Arrow

Key Market Driver -

Increasing Popularity of Bread Products is driving the Product Demand

Down Arrow

Key Market Restraint -

Product Cleaning Issues and Health Problems Related to Bread Consumption is expected to hamper the Market Growth


Key Players Covered:


The key companies operating in the global toast maker market are Morphy Richards, Koninklijke Philips N.V., Bajaj Electricals Ltd. Havells India Limited, Hatco Corporation, APW Wyott, Cuisinart and Hamilton Beach Brands, Inc.

Based on product type, the global market is segmented into, pop-up, conveyor and others. The pop-up segment is expected to hold a major share as it requires less space, less energy and is user friendly. It is offered in 2 slices and 4 slices designs as per user’s requirement and is more suitable for residential applications. Whereas, conveyor type is more suitable for large volume catering applications and therefore, the conveyor segment is expected to gain traction during the forecast period.

Based on the application, the market is segmented into, residential and commercial. Toaster offers quick service for making breakfast and therefore residential segment is expected to hold a major share owing to the increasing number of working-class population which have busy schedules and do not find much time for cooking. Commercial products are widely used in hotels, resorts as well as for other contract catering services, and therefore commercial segment is expected to grow rapidly in the near future. For fulfilling needs of greater toast volume, commercial toasters have greater capacity, they have advanced features and therefore also are offered at a higher price than personal use products.

Regional Analysis:


Europe is expected to hold a significant share in the global market during the forecast period of 2020-2027. People in the region have a regular practice of eating a slice of bread along with morning tea or coffee or as an evening snack which is driving the market growth. For instance, according to the ‘Flour & Bread Consumption’ report published in 2019 by the National Association of British and Irish Millers, in the U.K. about 60% of flour produced is used for manufacturing of bread products, whereas, about 130 million slices of bread are purchased per day. Moreover, toasts are one of the favorite breakfast items at school & college canteens which is also likely to foster product demand. Additionally, an increasing number of coffee shops and quick serve restaurants are also anticipated to fuel product demand.

The Asia Pacific is expected to witness rapid growth in the market owing to the increasing consumption of toast food product in countries such as Australia and New Zealand. For instance, according to the survey, ‘Breakfast consumption habits of Australian men participating in the “Typical Aussie Bloke” study’ published in January 2020 by the journal of BMC Nutrition, about 13.8% of the surveyed population had toast for breakfast greater than or equal to 5 times per week. The increasing popularity of toast and sandwich items among the young population is expected to aid market growth. Moreover, changes in lifestyle and therefore changes in eating habits across other Asian countries are propelling product demand.

To gain extensive insights into the market, Request for Customization


Segmentation






















 ATTRIBUTE

  DETAILS

By Product Type



  • Pop-up Type

  • Conveyor Type

  • Others (Ovens etc.)



By Application



  • Residential

  • Commercial



By Geography



  • North America (U.S., Canada, and Mexico)

  • Europe (Germany, France, Italy, Spain, U.K., Russia, and Rest of Europe)

  • Asia Pacific (China, India, Japan, Australia, and Rest of Asia Pacific)

  • South America (Brazil, Argentina, and Rest of South America)

  • Middle East & Africa (South Africa, UAE, and Rest of ME&A)



Key Industry Developments



  • In January 2017, Griffin Technology introduced their ‘Connected Toaster’, which is a smart device which is Bluetooth enabled and can be controlled by a mobile application which offers personalized settings

  • In December 2019, Revolution Cooking released its new ‘2-Slice High Speed Smart Toaster’ which has a touch screen that enables easy operation





  • Ongoing
  • 2023
  • 2019-2022
  • Pre Book
Multi-report Purchase Plan
    A Customized Plan Will be Created Based on the number of reports you wish to purchase
Consumer Goods Clients
SPG
Edenred
Wepa
Facebook
Asahi
Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X