According to a new report, published by KBV research, The Global Commercial Kitchen Knives Market size is expected to reach $3.0 billion by 2031, rising at a market growth of 4.7% CAGR during the forecast period. In the year 2023, the market attained a volume of 68,906.74 thousand units experiencing a growth of 5.3% (2020-2023).
Commercial kitchen knives refer to specialized knives designed for use in professional culinary environments, such as hotels, restaurants, catering services, and others. These knives are distinct from consumer-grade kitchen knives in terms of their construction, durability, and performance capabilities, tailored to meet the rigorous demands of commercial kitchens.
The Plain segment is registering a CAGR of 4.2 % during the forecast period. Plain-edged knives are versatile and suitable for various cutting tasks in commercial kitchens. They excel in chopping vegetables, slicing meats, and mincing herbs with precision and control. Non-serrated edges provide clean cuts, especially useful when precise cuts are required for presentation and consistency in cooking.
The Chef’s Knife segment led the Global Commercial Kitchen Knives Market by Type in 2023; thereby, achieving a market value of $822.6 million by 2031. Chef’s knives are designed with a broad, curved blade that allows for efficient rocking motions, enabling chefs to swiftly and precisely cut through ingredients. This efficiency reduces preparation time and enhances kitchen productivity, making chef’s knives preferred among kitchen staff.
The Food Service segment is growing at a CAGR of 3.6 % during the forecast period. Commercial kitchens in foodservice establishments, such as restaurants, hotels, catering services, and cafeterias, operate at high volumes to serve many customers daily. This continuous demand for food preparation necessitates using durable and efficient knives that can withstand rigorous daily use.
Full Report: https://www.kbvresearch.com/commercial-kitchen-knives-market/
The North America region dominated the Global Commercial Kitchen Knives Market by Region in 2023; thereby, achieving a market value of $1 billion by 2031. The Europe region is anticipated to grow at a CAGR of 4.4% during (2024 - 2031). Additionally, The Asia Pacific region would witness a CAGR of 5.3% during (2024 - 2031).
By Cutting Edge (Volume, Thousand Units, USD Billion, 2020-2031)
By Type (Volume, Thousand Units, USD Billion, 2020-2031)
By End Use (Volume, Thousand Units, USD Billion, 2020-2031)
By Geography (Volume, Thousand Units, USD Billion, 2020-2031)
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