Global Food Thermometer Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2022 –2029 |
Market Size (Base Year) |
USD 56.38 Million |
Market Size (Forecast Year) |
USD 123.52 Million |
CAGR |
|
Major Markets Players |
Global Food Thermometer Market, By Type (Meat Thermometers, Oven Thermometers, Food Probe Thermometers, Fridge/Freezer Thermometers, Cooking Thermometers and Others), Price Range (High, Medium and Low), Application (Roasts, Casseroles, Soups, Thin and Thick Foods, Chicken and Burgers, Others), Distribution Channel (Online Store and Offline Store) – Industry Trends and Forecast to 2029
Market Analysis and Size
The thermometer market has grown steadily over the years due to the concept of self-care management and significant advancements in temperature monitoring devices. Digital thermometers, in particular, are gaining popularity for their accurate and precise readings and are rapidly replacing traditional mercury-based thermometers.
Data Bridge Market Research analyses that the food thermometer market was valued at USD 56.38 million in 2021 and is expected to reach the value of USD 123.52 million by 2029, at a CAGR of 10.30% during the forecast period. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and consumer behaviour.
Report Scope and Market Segmentation
Report Metric |
Details |
Forecast Period |
2022 to 2029 |
Base Year |
2021 |
Historic Years |
2020 (Customizable to 2014 - 2019) |
Quantitative Units |
Revenue in USD Million, Volumes in Units, Pricing in USD |
Segments Covered |
Type (Meat Thermometers, Oven Thermometers, Food Probe Thermometers, Fridge/Freezer Thermometers, Cooking Thermometers and Others), Price Range (High, Medium and Low), Application (Roasts, Casseroles, Soups, Thin and Thick Foods, Chicken and Burgers, Others), Distribution Channel (Online Store and Offline Store) |
Countries Covered |
U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Global (APAC) in the Global (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America |
Market Players Covered |
B + B Thermo-Technik GmbH (Germany), Rototherm Group (U.K.), Chino Corporation India Pvt. Ltd. (India), Dart Systems Ltd (U.K.), Digitron Italia (Italy), Xylem Inc. (Germany), Endress+Hauser Group Service AG (Switzerland), Fluke Corporation (U.S.), Günther GmbH (Germany), HANNA INSTRUMENTS Inc. (U.S.), Signatro Business Management Private Limited (India), TECPEL CO., LTD (Taiwan), Tel-Tru,com (U.S.), TESTO SE & Co. Kgaa (Germany), Trotec GmbH & Co. K.G. (Germany), Ametek U.S. Gauge (U.S.) |
Opportunities |
|
Market Definition
A food thermometer, also known as a meat thermometer or a cooking thermometer, is a type of thermometer used to measure the temperature of food. A cooking thermometer can reheat food to a safe temperature, sublime steaks, and maintain a safe temperature.
Food Thermometer Market Dynamics
Drivers
- Growing need for food and safety regulations and expansion of restaurant industry.
The rapid expansion of restaurant industry can be attributed to market growth. Furthermore, stringent food and feed safety and quality regulations and rising government regulations are positively influencing the global food thermometer market.
- Favourable socioeconomic and demographic factors are augmenting market growth
Favourable socioeconomic and demographic factors include urbanisation, rising population, disposable incomes, and an increased standard of living. Furthermore, rising public and chef awareness of the importance of safe cooking temperature is expected to aid market growth. Furthermore, the growing popularity of e-commerce websites and the rising trend of online shopping are propelling the growth of the global food thermometer market. Globally increasing meat consumption is propelling the global food thermometer market forward.
Opportunity
Currently, there is a trend toward adopting various food safety control systems and regulatory approaches. Furthermore, the country's economic conditions is affected by the capacity to develop and implement new standard regulations and improved infrastructure control to reduce food safety risks. The growing trend of smart homes is propelling the global market growth. Various governments' strict food and beverage safety regulations and policies are fuelling the global food thermometer market growth.
Restraints
Food thermometer market growth may be hampered by a lack of awareness and high prices in the forecast period. Lack of coordination in food safety standards will challenge market growth during the forecast period.
This food thermometer market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the food thermometer market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Food Thermometer Market
The COVID-19 pandemic has significantly impacted the food industry, with a shift away from retail foodservice consumption and toward more at-home meal preparation. This has resulted in food surpluses directed toward restaurants or other food service uses and retail shortages for use in grocery stores, including packaging material shortages. Furthermore, in the face of an increasing virus threat, government officials are ensuring the safe production of food products. In response, the U.S. Department of Agriculture (USDA), Food and Drug Administration (FDA), and European Commission issued guidelines for food manufacturers to follow to combat the lack of official control experienced during lockdowns.
Global Food Thermometer Market Scope
The food thermometer market is segmented on the basis of type, application, price range and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Meat Thermometers
- Oven Thermometers
- Food Probe Thermometers
- Fridge/Freezer Thermometers
- Cooking Thermometers
- Others
Applications
- Roasts
- Casseroles
- Soups
- Thin and Thick Foods
- Chicken and Burgers
- Other
Price range
- High
- Medium
- Low
Channel
- Online stores
- Offline stores
Food Thermometer Market Regional Analysis/Insights
The food thermometer market is analysed and market size insights and trends are provided by type, application, price range and distribution channel as referenced above.
The countries covered in the food thermometer market report are U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Global (APAC) in the Global (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America is expected to hold the largest share of the food thermometer market during the forecast period because of technological advancements and growing innovations. Consumers are becoming more aware of smart meat thermometers, expected to drive market growth during the forecast period. Asia-Pacific region is expected to generate the highest CAGR in the global smart meat thermometer market during the forecast period due to growing urbanisation in developing countries such as India and China. Furthermore, increasing internet and smartphone penetration is expected to positively fuel market growth.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Food Thermometer Market Share Analysis
The food thermometer market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to food thermometer market.
Some of the major players operating in the food thermometer market are:
- B + B Thermo-Technik GmbH (Germany)
- Rototherm Group (U.K.)
- Chino Corporation India Pvt. Ltd. (India)
- Dart Systems Ltd (U.K.)
- Digitron Italia (Italy)
- Xylem Inc. (Germany)
- Endress+Hauser Group Service AG (Switzerland)
- Fluke Corporation (U.S.)
- Günther GmbH (Germany)
- HANNA INSTRUMENTS Inc. (U.S.)
- Signatro Business Management Private Limited (India)
- TECPEL CO., LTD (Taiwan)
- Tel-Tru,com (U.S.)
- TESTO SE & Co. Kgaa (Germany)
- Trotec GmbH & Co. K.G. (Germany)
- Ametek U.S. Gauge (U.S.)
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
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