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The global food-service equipment market is forecast to advance from USD 4.6 billion in 2025 to USD 7.3 billion by 2035, a 6.2% CAGR.
| Attributes | Description |
|---|---|
| Estimated Industry Size (2025E) | USD 4.6 billion |
| Projected Industry Value (2035F) | USD 7.3 billion |
| Value-based CAGR (2025 to 2035) | 6.2% |
Country wise Insights
| Countries | CAGR (2025-2035) |
|---|---|
| USA | 5.1% |
| Germany | 4.1% |
| India | 7.9% |
| China | 7.0% |
| Japan | 6.2% |
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TwitterThe size of the global food service equipment market reached ***** billion U.S. dollars in 2020. This figure was forecast to reach ***** billion U.S. dollars in 2030, showing a CAGR of *** percent from 2021 to 2030.
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The global food service equipment market size was USD 38.34 billion in 2024 & is projected to grow from USD 40.97 billion in 2025 to USD 69.60 billion by 2033.
Report Scope:
| Report Metric | Details |
|---|---|
| Market Size in 2024 | USD 38.34 Billion |
| Market Size in 2025 | USD 40.97 Billion |
| Market Size in 2033 | USD 69.60 Billion |
| CAGR | 6.85% (2025-2033) |
| Base Year for Estimation | 2024 |
| Historical Data | 2021-2023 |
| Forecast Period | 2025-2033 |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
| Segments Covered | By Product,By End User,By Distribution Channel,By Region. |
| Geographies Covered | North America, Europe, APAC, Middle East and Africa, LATAM, |
| Countries Covered | U.S., Canada, U.K., Germany, France, Spain, Italy, Russia, Nordic, Benelux, China, Korea, Japan, India, Australia, Taiwan, South East Asia, UAE, Turkey, Saudi Arabia, South Africa, Egypt, Nigeria, Brazil, Mexico, Argentina, Chile, Colombia, |
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Food Service Equipment Market to reach USD 78.62 billion by 2034 from USD 43.34 billion in 2024 at 6.2% CAGR, fueled by smart kitchen technologies revolutionizing restaurants and QSRs worldwide.
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Food Service Equipment Market was valued at USD 38,208 Million in 2022 and is projected to witness a CAGR of 5.1% during the forecast period.
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The UK Food Service Equipment market is estimated to be worth USD 2,495.7 million by 2025 and is projected to reach a value of USD 3,329.3 million by 2035, growing at a CAGR of 5% over the assessment period 2025 to 2035.
| Attributes | Values |
|---|---|
| Estimated UK Industry Size in 2025 | USD 2,495.7 million |
| Projected UK Value in 2035 | USD 3,329.3 million |
| Value-based CAGR from 2025 to 2035 | 5% |
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Food Service Equipment Market Size 2024-2028
The food service equipment market size is forecast to increase by USD 12.75 billion, at a CAGR of 5.99% between 2023 and 2028.
Major Market Trends & Insights
APAC dominated the market and accounted for a 37% growth during the forecast period.
By the Distribution Channel - Offline segment was valued at USD 24.2 billion in 2022
By the Product - Cooking and preparation equipment segment accounted for the largest market revenue share in 2022
Market Size & Forecast
Market Opportunities: USD 47.64 million
Market Future Opportunities: USD 12747.60 million
CAGR : 5.99%
APAC: Largest market in 2022
Market Summary
The market is a significant and dynamic sector, characterized by continuous innovation and adaptation to meet the evolving needs of various industries. According to recent studies, the market's value is estimated to reach a substantial index number by 2026, representing a notable increase compared to the previous year. This growth can be attributed to several factors, including the increasing demand for energy-efficient equipment and the heightened focus on proper food storage. However, the market also faces challenges, such as high installation and operational costs, which can hinder growth. Despite these challenges, key players in the market are investing in research and development to introduce more cost-effective and efficient solutions. As a result, the market is expected to witness ongoing shifts in product categories and adoption rates.
What will be the Size of the Food Service Equipment Market during the forecast period?
Explore market size, adoption trends, and growth potential for food service equipment market Request Free SampleThe market encompasses a diverse range of technologies and solutions essential to the efficient and effective operation of commercial kitchens and food processing facilities. Two key metrics illustrate the market's dynamic nature: the annual growth rate of food service equipment sales, which hovers around 4%, and the inventory turnover rates for food service establishments, averaging approximately 5 times per year. Food processing technology plays a pivotal role in enhancing sanitation efficacy standards and kitchen workflow analysis. For instance, advanced parts procurement strategies, such as just-in-time inventory and predictive maintenance, contribute to equipment reliability and minimize downtime. Meanwhile, energy saving initiatives, including energy auditing services and industrial kitchen equipment, have become increasingly important as businesses seek to reduce operational costs and improve sustainability. Moreover, restaurant technology adoption, such as kitchen design software and restaurant supply chain optimization, has gained traction in recent years. Service level agreements, staff productivity tracking, and regulatory compliance measures are also crucial components of the market. By focusing on these areas, food service businesses can streamline their operations, reduce food costs, and ensure a higher level of customer satisfaction.
How is this Food Service Equipment Industry segmented?
The food service equipment industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments. Distribution ChannelOfflineOnlineProductCooking and preparation equipmentRefrigeration equipmentWare washing equipmentStorage and handling equipmentOthersGeographyNorth AmericaUSEuropeGermanyUKAPACChinaJapanRest of World (ROW)
By Distribution Channel Insights
The offline segment is estimated to witness significant growth during the forecast period.
In the dynamic the market, businesses prioritize various aspects to optimize their operations and enhance customer satisfaction. HACCP implementation and employee training programs ensure food safety compliance, while cleaning sanitation protocols and water conservation measures contribute to sustainability. Food preparation equipment undergoes regular maintenance schedules, and thermal energy management systems help reduce energy consumption. Key performance indicators, such as customer satisfaction metrics, energy-efficient appliances, and cost control strategies, are crucial for businesses. Kitchen automation systems, staff scheduling software, inventory management software, and order management systems streamline processes and improve efficiency. Food safety compliance, ingredient tracking systems, and supply chain optimization are essential for maintaining quality and reducing waste. Evolving food production processes necessitate energy consumption monitoring and the adoption of advanced technologies like kitchen ventilation systems, menu engineering principles, and commercial kitchen design. Wast
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Food Service Equipment Market size was valued at $23.65 billion in 2020 and is predicted to reach USD 53.78 billion with a CAGR of 8.9% from 2021-2030
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The global food service equipment market size was valued USD 35.59 billion in 2023 and is expected to rise to USD 65.43 billion by 2032 at a CAGR of 7%.
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The commercial foodservice equipment market in US share is expected to increase by USD 2.43 billion from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 3.76%.
This commercial foodservice equipment market in us research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers commercial foodservice equipment market in us segmentations by product (foodservice disposables and gloves, refrigeration and ice machine, primary cooking equipment, storage and handling equipment, and others), end-user (restaurants, hotels, retail, and others), and geography (US). The commercial foodservice equipment market in us report also offers information on several market vendors, including AB Electrolux, Ali Group Srl, Alto-Shaam Inc., Cambro Manufacturing Co., Dover Corp., Duke Manufacturing, HOSHIZAKI Corp., Illinois Tool Works Inc., The Middleby Corp., and Welbilt Inc. among others.
What will the Commercial Foodservice Equipment Market In US Size be During the Forecast Period?
Download the Free Report Sample to Unlock the Commercial Foodservice Equipment Market in US Size for the Forecast Period and Other Important Statistics
Commercial Foodservice Equipment Market In US: Key Drivers, Trends, and Challenges
Based on our research output, there has been a neutral impact on the market growth during and post COVID-19 era. The growth of foodservice market is notably driving the commercial foodservice equipment market in us growth, although factors such as high installation cost and maintenance may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the commercial food service equipment in US industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Commercial Foodservice Equipment Market In US Driver
The growth of the foodservice market is one of the key factors driving the growth of the commercial foodservice equipment market in the US. The growth of the foodservice market in US will directly influence the growth of the commercial foodservice equipment market in US. The increasing demand for ready-to-eat food in the country drives the expansion of food service establishments, mainly limited-service restaurants. For instance, in 2019, limited-service restaurants accounted for nearly two-fifth of the sales in the food away-from-home market in US. Full-service restaurants held a share of around one-third in the same year. The massive expansion of limited-service restaurants drives the growth of the commercial foodservice equipment market in US. For instance, Marco's Pizza opened 100 new stores in 2019, out of which 84 were located in the US and the remaining in Puerto Rico. Similarly, Dunkin Brands Group LLC opened 76 new Dunkin' and Baskin-Robbins stores in the US in the fourth quarter of 2019. These companies are expected to open several new stores in the country during the forecast period.
Key Commercial Foodservice Equipment Market In US Trend
The growing focus on advanced technology will fuel the commercial foodservice equipment market growth in the US. Consumers in the US are among the quickest adopters of advanced technologies. They also intend to replace their old commercial foodservice equipment with advanced ones. Hence, the manufacturers of commercial food service equipment in the country must effectively address the needs of the customers for innovative technologies. For instance, vendors of primary cooking equipment are looking to reduce the cooking time by improving the technology and including better sensors and controls in the equipment, which would help in ensuring the efficiency of the equipment. The addition of pre-programmable features and display screens in food preparation equipment can make the cooking experience more interactive and enhance the user experience. Many market players are also increasing their focus on advancing storage and handling equipment where food items can be secured from cross-contamination. The above factors will increase the market growth during the forecast period.
Key Commercial Foodservice Equipment Market In US Challenge
The high installation cost and maintenance are a major challenge for the commercial foodservice equipment market growth in the US. Various commercial kitchens incur different costs to set up equipment. For instance, the cost of outfitting a commercial kitchen for a small food service establishment can usually be as low as $15,000 and as high as $150,000. Also, the setting up of ventilation and refrigeration equipment can incur more costs than that of some cooking equipment. Certain commercial foodservice equipment that is used in various end-user segments incur high instal
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In 2024, Market Research Intellect valued the Food Service Equipment Market Report at USD 42.1 billion, with expectations to reach USD 65.4 billion by 2033 at a CAGR of 6.5%.Understand drivers of market demand, strategic innovations, and the role of top competitors.
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The Europe Food Service Equipment market is set to grow from an estimated USD 11,518.8 million in 2025 to USD 13,317.3 million by 2035, with a compound annual growth rate (CAGR) of 2.4% during the forecast period from 2025 to 2035.
| Attributes | Value |
|---|---|
| Estimated Europe Industry Size (2025 E) | USD 11,518.8 million |
| Projected Europe Value (2035 F) | USD 13,317.3 million |
| Value-based CAGR (2025 to 2035) | 2.4% |
Semi-Annual Market Update for the Food Service Equipment Market in Europe
| Particular | Value CAGR |
|---|---|
| H1(2024 to 2034) | 1.0% |
| H2(2024 to 2034) | 1.8% |
| H1(2025 to 2035) | 2.6% |
| H2(2025 to 2035) | 3.7% |
Country-wise Insights
| Countries | Market Share (%) |
|---|---|
| Germany | 30% |
| Italy | 15% |
| UK | 25% |
| France | 20% |
| Other Countries | 10% |
An analysis of Europe Food Service Equipment Categories by End Use Industry and Equipment Type
| Main Segment | Market Share (%) |
|---|---|
| End Use Industry ( Hotels and Fast Food Restaurants ) | 55% |
| Remaining segments | 45% |
| Main Segment | Market Share (%) |
|---|---|
| Equipment Type ( Refrigerators and Chillers ) | 18% |
| Remaining segments | 82% |
Market Concentration
| Manufacturer | Market Share (%) |
|---|---|
| Ali Group | 25% |
| Middleby Corporation | 20% |
| Welbilt, Inc. | 18% |
| Hobart (part of ITW) | 15% |
| Electrolux Professional | 12% |
| Others | 10% |
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The global food service equipment market size reached USD 35.90 Billion in 2024. The market is expected to grow at a CAGR of 5.70% between 2025 and 2034, reaching almost USD 62.49 Billion by 2034.
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Food Service Equipment Market valued at USD 40.04 Bn in 2025, is anticipated to reaching USD 59.02 Bn by 2032, with a steady annual growth rate of 5.7%.
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The USA food service equipment market is projected to reach a value of USD 5,759.4 Million in 2025, growing at a CAGR of 6.2% over the next decade to an estimated value of USD 6,658.6 Million by 2035.
| Attributes | Values |
|---|---|
| Estimated USA Industry Size in 2025 | USD 5,759.4 Million |
| Projected USA Value in 2035 | USD 6,658.6 Million |
| Value-based CAGR from 2025 to 2035 | 6.2% |
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The global foodservice equipment market is poised for significant growth, with the market size expected to expand from $41.9 billion in 2023 to an estimated $63.2 billion by 2032, reflecting a compound annual growth rate (CAGR) of 4.5%. This upward trajectory is fueled by several growth factors, including the increasing demand for energy-efficient and technologically advanced equipment, and the ever-expanding foodservice sector driven by changing consumer preferences and lifestyles. As the industry continuously evolves, innovations in kitchen appliances and equipment have become essential to meet the diverse demands of foodservice operators and consumers alike.
One of the primary growth drivers of the foodservice equipment market is the rapid globalization and urbanization, leading to an exponential rise in the number of foodservice establishments across the globe. With more people living in urban areas, there is a heightened demand for dining out and ready-to-eat meals, propelling the need for efficient food preparation and service facilities. Additionally, the burgeoning middle class, particularly in emerging economies, is driving the trend of dining out more frequently, thereby bolstering demand for advanced foodservice equipment that can enhance productivity and service quality. Furthermore, the integration of smart technology in foodservice equipment is streamlining operations and improving energy efficiency, which is becoming increasingly appealing to cost-conscious operators.
The expanding tourism and hospitality industry is another significant factor boosting the foodservice equipment market. With the rise in international travel, there is an increased need for sophisticated and reliable equipment to cater to the diverse dietary preferences and high expectations of tourists. Moreover, the growing trend of food tourism, where travelers seek authentic culinary experiences, necessitates the adoption of specialized equipment that can accommodate traditional cooking methods while ensuring quality and safety. The hospitality sector's emphasis on providing seamless service and the need to comply with stringent food safety regulations are further driving investments in modern, compliant foodservice equipment.
The rise of environmental awareness and consumer preference for sustainable practices are also propelling the growth of the foodservice equipment market. There is a mounting demand for energy-efficient appliances that minimize waste and reduce carbon footprints, aligning with global sustainability goals. Manufacturers are increasingly focusing on developing eco-friendly equipment that not only conserves energy but also promotes better recycling practices. This shift towards sustainability is influencing purchasing decisions and encouraging foodservice operators to upgrade their existing equipment to meet these evolving standards, thus contributing to market growth.
In terms of regional outlook, the Asia Pacific region is expected to witness the fastest growth in the foodservice equipment market, driven by rapid economic development and a rising consumer base. The region's dynamic foodservice industry, characterized by a blend of traditional and modern dining experiences, presents lucrative opportunities for equipment manufacturers. North America and Europe follow closely, with a mature market that continues to innovate and expand, particularly through technological advancements and sustainable practices. These regions are also seeing a shift toward more specialized and niche markets, such as food trucks and pop-up restaurants, which require versatile and compact equipment solutions.
The emergence of Cloud Kitchen and Dark Kitchen Equipment is revolutionizing the foodservice landscape, offering a streamlined approach to food production and delivery. These kitchens, which operate without a traditional dine-in space, rely heavily on specialized equipment designed for efficiency and scalability. As the demand for food delivery services continues to rise, cloud kitchens are becoming increasingly popular, allowing operators to reach a wider customer base with minimal overhead costs. The equipment used in these kitchens is tailored to support high-volume production, often integrating advanced technologies to optimize cooking processes and ensure consistent quality. This shift is not only transforming how food is prepared and delivered but also driving innovation in the foodservice equipment market, as manufacturers develop solutions that cater to the unique ne
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The size of the North America Food Service Equipment Market was valued at USD 8,473.1 Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 5.1 % during the forecast period. Recent developments include: In May 2024, HOSHIZAKI CORPORATION announced its acquisition of the shares of two food service equipment import and sales companies in the Philippines, making them subsidiaries. This move aims to enhance HOSHIZAKI CORPORATION’s sales structure in the country, where the market holds significant growth potential, and expand its sales channels. , In June 2024, Hillphoenix, a Dover Corporation brand, announced the launch of its new solution called ChargeSecure. This solution is designed specifically for Hillphoenix CO2 refrigeration systems and aims to help food retailers maintain the CO2 charge during power outages and service events. .
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The size of the Food Service Equipment Market was valued at USD 39260.2 million in 2023 and is projected to reach USD 54875.81 million by 2032, with an expected CAGR of 4.9% during the forecast period. Recent developments include: July 2020: Pump Solutions Group (Pump Solutions Group, acquired by Dover Corporation) launched two integrated rinse pumps, EvoWash and EvoRinse. The equipment is equipped with an optional powder or solid detergent dissolver, making it ideal for food service operations, both commercial and non-commercial.. Key drivers for this market are: Growing Demand For Clean Energy Sources . Potential restraints include: High Maintenance Cost. Notable trends are: Increasing awareness of eco-friendly initiatives and energy consumption to boost the market growth.
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The food service equipment market is estimated to be USD 39,751.59 Mn in 2024 and is projected to reach USD 60,838.07 Mn by 2032, at a CAGR of 5.9% from 2025 to 2032.
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Food Service Equipment Market to reach $75 Billion by 2034, growing at a 4.5% CAGR, fueled by rising demand and innovation in commercial kitchens.
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The global food-service equipment market is forecast to advance from USD 4.6 billion in 2025 to USD 7.3 billion by 2035, a 6.2% CAGR.
| Attributes | Description |
|---|---|
| Estimated Industry Size (2025E) | USD 4.6 billion |
| Projected Industry Value (2035F) | USD 7.3 billion |
| Value-based CAGR (2025 to 2035) | 6.2% |
Country wise Insights
| Countries | CAGR (2025-2035) |
|---|---|
| USA | 5.1% |
| Germany | 4.1% |
| India | 7.9% |
| China | 7.0% |
| Japan | 6.2% |