Global Conveyor Oven Market was valued US$ 90.4 Mn and is expected to reach US$ 210.8 Mn by 2016, at a CAGR of 11.16 % during forecast period.
Global Conveyor Oven Market
Increasing demand for bakery food products is anticipated to rapid growth in conveyor oven market. Acceptance of modern cooking technics in restaurants rising the demand for conveyor oven. However, Rapid urbanization and modern lifestyle are increasing the use of conveyor oven. Growth in food industries and restaurant are the key factors to increase the demand for conveyor oven. Rising demand of conveyor oven in industrial sector for heating process for large production is also the key factor for growth in conveyor oven Market. High cost of product will hamper the growth in the market.
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