Commercial Kitchen Equipment Market Size & Forecast Report, 2014 - 2025

Commercial Kitchen Equipment Market is anticipated to reach USD 112.47 billion by 2025. Commercial cooking equipment is an important part of the food processing & service industry. This equipment is commonly used in hotels, restaurants, and other commercial kitchens for ease in food preparation, and reduction in labor & operational cost and rising concerns regarding food safety will boost the commercial kitchen equipment industry growth in the years to come. An increase in disposable income is bound to boost market growth.

On the other hand, some factors may hamper the growth of the commercial kitchen appliances market such as volatile prices of raw materials, and the high cost of the initial investment in with regards to the production plant. The market is anticipated to grow at a significant CAGR in the upcoming period as the scope, product types, and applications are increasing across the globe.

The commercial kitchen equipment industry may be explored by type, end-user, and geography. The market may be explored by type as Char Broilers/Broilers/Griddles/Grills, Braising Pans/Tilting Skillets, Cook-chill Systems, Steamers, Fryers, Ovens, Ranges, Cookers, Kettles, and Others. The “Cookers” segment dominated the commercial kitchen equipment market in 2016 and is anticipated to maintain its dominance by 2025 owing to the utilization of cookers by several catering companies, end-users, hotels, and restaurants.

Commercial kitchen appliances industry may be explored by end-user as Fast Food Chain (FFC), Café & Bar, QSR, Railway Dining, Institutional Canteen, Ferry & Cruise, Resort & Hotel, Hospital, FSR, and Others. The “QSR” segment dominated the market in 2016 and is anticipated to maintain its dominance by 2025. The QSR segment is anticipated to grow at the highest CAGR of 7.5% over the forthcoming period.

North America accounted for the major share of the commercial kitchen equipment market size in 2016 and will continue to lead in the forecast period. The factors that could be attributed to the growth include surge in the number of fast-food outlets due to hectic & busy lifestyles, a rise in eating out expenditure, and an increase in the number of working women. North America is followed by Europe and Asia-Pacific.

Some of the key players that fuel the growth of the commercial kitchen equipment industry comprise Hamilton Beach, Hobart, Carrier Corporation, Middle by Corporation Company, True Manufacturing, The Vollrath Company, LLC, and AIHO Corporation. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

Market Segment:

Commercial Kitchen Appliances Product Outlook (Revenue, USD Million; 2014 - 2025)
    • Refrigerator
    • Cooking Appliance
        • Cooktop & Cooking Range
            • Induction
            • Gas & Electric
        • Oven
            • Convection
            • Microwave
            • Combination
        • Rice Cooker
    • Dishwasher
    • Others

Commercial Kitchen Equipment Product Outlook by End-Use (Revenue, USD Million; 2014 - 2025)
    • QSR
        • Fast Food Chain (FFC)
        • Café & Bar
    • Railway Dining
    • Ferry & Cruise
    • Institutional Canteen
    • Resort & Hotel
    • Hospital
    • FSR
    • Others

Commercial Kitchen Appliances Regional Outlook (Revenue, USD Million; 2014 - 2025)
    • North America
    • Europe
    • the Asia Pacific
    • Rest of the World (RoW)