Pizza Oven Market is to grow at 5.5 Percentage CAGR, with Europe leading the market through 2030

The Pizza Oven Market is expected to reach USD 973.64 Mn by 2030, the market is driven by several key factors that influence consumer behaviour, market trends, and industry dynamics.

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Pizza Oven Market to Hit USD 973.64 Mn by 2030

The Pizza Oven Market was USD 634.42 Mn in 2023 and is expected to expand at a compound annual growth rate (CAGR) of 5.5 % from 2023 to 2030, reaching USD 973.64 Mn by 2030. Demand for pizza ovens has been rising, due to the rise in pizza consumption worldwide. Customers' inclination to make pizza at home rather than go to restaurants has been one of the main drivers of market expansion. Consumers are demanding better food alternatives, such as organic, gluten-free, low-calorie, and plant-based meals, as a result of growing health and wellness consciousness. Customers have found wood-fired ovens to be the most alluring choice, which results in rising sales of pizza ovens worldwide. In the United States, approximately 40% of the market, is valued at growing at a 6.2% CAGR.

Pizza Oven Market Segmentation

By Type: Brick Pizza Oven, Wood-fired pizza is often made in brick ovens, which gives it a distinct taste. Due to their capacity to swiftly cook pizza at high temperatures, usually between 800°F and 900°F (427°C and 482°C), they are mostly utilized in pizzerias and restaurants. Deck Pizza Ovens are comparable to brick ovens, except instead of brick, they employ metal decks. Even though it takes a little longer to cook than a brick oven, the pizza is still of excellent quality. Conveyor Pizza Ovens have a conveyor belt to move pizzas through a heated chamber. Typically, the temperature is 500°F to 700°F while baking.

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By Use: Residential Pizza Ovens are typically smaller, portable, and easier to use compared to commercial ovens, allowing individuals to cook pizza in their kitchen or backyard. Commercial pizza ovens are made to produce pizza in big quantities for use in fast-food chains, pizzerias, restaurants, and other food service businesses.

Pizza Oven Market Regional Analysis

In the United States, the market was valued at approximately USD 131 Mn in 2024. The growth of fast-food restaurants like Domino's, Papa John's, and local pizzerias is driving the need for commercial pizza ovens in the US. With the increasing trend of home cooking, more people are attempting to make pizza on their own rather than visiting restaurants.

The German pizza oven market is expected to be worth over EUR 45 million by 2025. The influence of Italian cuisine in Germany is driving the demand for traditional pizza ovens, such as wood-fired and brick ovens.

China's pizza oven market is estimated to be valued at USD 85 million. Commercial pizza ovens are becoming more and more in demand as China's urban population increases and the number of Western-style fast-food establishments rises. The pizza oven market in China is poised for further expansion.

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Pizza Oven Market Competitive Landscape

Ooni: In September 2021, Ooni secured a £15 million credit facility with SVB which was later extended to £50 million in February 2022. After the collapse of SVB in March 2023, HSBC acquired SVB.

Middleby Corporation: On August 1, 2023, Middleby Corporation acquired Trade-Wind Manufacturing LLC which created a revenue of approximately $ 10 million. TERRY Water Treatment Solutions was also acquired on 6 June 2023.

Flavor Burst: On February 15, 2023, acquired a company based on flavoured beverage and soft-serve products, based in Danville, Indiana, and has annual revenues of $5 million.

Conclusion

A competitive edge is likely to be maintained by businesses that can develop and adjust to shifting consumer demands, such as providing more environmentally friendly, energy-efficient, and multipurpose ovens.
Additionally, new culinary trends and the growing acceptance of Internet sales both contribute to the market's potential for expansion.

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