The Asia Pacific Commercial Kitchen Knives Market would witness market growth of 5.3% CAGR during the forecast period (2024-2031). In the year 2022, the Asia Pacific market's volume surged to 18,333.31 thousand units, showcasing a growth of 5.8% (2020-2023).
In the competitive market, knives equipped with Granton cutting edges represent a significant advancement. These knives feature shallow, scalloped indentations along the blade, designed to reduce friction and prevent food from sticking during slicing. The Granton edge is particularly valued for its ability to enhance slicing efficiency and maintain the integrity of delicate ingredients like meats and vegetables. Thus, the India market registered a total consumption of 661.13 thousand units in 2023.
The China market dominated the Asia Pacific Commercial Kitchen Knives Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $234.5 million by 2031. The Japan market is registering a CAGR of 4.7% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 6% during (2024 - 2031).
Efficiency in food preparation is crucial in commercial kitchens where time management directly impacts service quality and customer satisfaction. Well-designed knives enhance productivity by enabling quick and precise cutting, slicing, and chopping of ingredients, reducing preparation time and labor costs. These knives are designed to handle various tasks, from basic food preparation to specialized techniques like butchering and filleting. Chefs value knives that offer versatility and adaptability across different culinary practices and cooking styles, ensuring they meet diverse menu requirements.
Moreover, ergonomic designs and safety features are critical considerations in knife adoption. Knives with comfortable handles, balanced weight distribution, and non-slip grips reduce the risk of hand fatigue and injuries during prolonged use. Safety innovations, such as finger guards and blade covers, further enhance user protection in fast-paced kitchen environments. Training programs and skill development initiatives within the culinary industry support the adoption of these knives.
With the expansion of the hotel and food services industry, there will be a heightened demand for commercial kitchen knives used in food preparation and cooking. As per the United States Department of Agriculture, the hotel industry in India reached a valuation of $23.50 billion in 2023 and is projected to expand to $29.61 billion by 2028. This growth signifies a growth rate of 4.73% from 2023 through 2028. Simultaneously, the food service industry in India is projected to reach $125.06 billion by 2029, growing at a rate of 10.21 percent from its predicted $69.7 billion valuation in 2023. Likewise, as the catering industry expands in China, there will be a higher demand for commercial kitchen knives used in food preparation and cooking.
According to the National Bureau of Statistics, China’s catering industry’s 2020 revenue was $573.07 billion. In the first quarter of 2021, about 626,000 new catering enterprises were registered, up 113 percent from 2019. The top three provinces for the sector were Guangdong, with 1,124,000 catering businesses; Shandong, with 793,000; and Jiangsu, with 687,000. Therefore, increasing catering industry and rising food service sector in the region is driving the growth of the market.
Free Valuable Insights: The Global Commercial Kitchen Knives Market is Predict to reach USD 3.0 Billion by 2031, at a CAGR of 4.7%
Based on Cutting Edge, the market is segmented into Plain, Serrated, and Granton. Based on Type, the market is segmented into Chef’s Knife, Butcher & Boning Knife, Utility & Paring Knife, Cleaver, Bread Knife, and Others. Based on End Use, the market is segmented into Food Service, Hospitality, Hospitals & Medical Establishments, Meat Processing Industry, Butcher Shops, Slaughterhouses, Institutional, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
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 Country (Volume, Thousand Units, USD Billion, 2020-2031)
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