Press release
Commercial Kitchen Appliances Market Size Worth US$ 137.0 Billion by 2028 | Driven by Rising Number of Restaurants
IMARC Group, a leading market research company, has recently releases report titled "Commercial Kitchen Appliances Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" The global commercial kitchen appliances market size reached US$ 93.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 137.0 Billion by 2028, exhibiting a growth rate (CAGR) of 6.4% during 2023-2028.What is commercial kitchen appliances?
Commercial kitchen appliances are specialized equipment and machinery for professional kitchens and food service establishments. They are designed to withstand the rigorous demands of commercial cooking and food preparation, offering durability, efficiency, and high-performance capabilities. They include ovens, stoves, grills, fryers, refrigerators, dishwashers, and more. They are specifically tailored to meet the unique needs of restaurants, hotels, catering services, and other food-related businesses that operate on a larger scale. They allow efficient and seamless food production, ensuring the smooth operation of professional kitchens and enabling chefs and culinary staff to deliver high-quality meals to customers.
Request Free Sample Report: https://www.imarcgroup.com/commercial-kitchen-appliances-market/requestsample
commercial kitchen appliances Industry Trends:
The rising number of restaurants and food establishments represents the key factor driving the market growth. Moreover, the rising need for technologically advanced and efficient equipment that can handle large-scale food production due to the diversification of the food service sector is positively influencing the market growth. Apart from this, rising consumer dining preferences, such as the increasing demand for gourmet and specialty cuisines, are propelling market growth. Additionally, rising investments by restaurants and food businesses in innovative appliances that can deliver precise cooking results and enhance the culinary experience is another major growth-inducing factor. Besides this, there has been a rise in focus on energy efficiency and sustainability in commercial kitchen appliances. In line with this, businesses increasingly adopting eco-friendly appliances that minimize energy consumption, reduce waste, and lower environmental impact has catalyzed market growth. Furthermore, the rising integration of advanced technologies, such as smart connectivity and automation, that enable greater operational efficiency and control is contributing to the market growth.
Some of these key players include:
• Alto-Shaam Inc.
• American Range Corporation
• G.S. Blodgett Corporation (The Middleby Corporation)
• Hamilton Beach Brands Inc.
• Hoshizaki Corporation
• Interlevin Refrigeration Ltd.
• Carrier Global Corporation
• Duke Manufacturing Company
• Electrolux AB
• MEIKO Maschinenbau GmbH & Co. KG
• The Vollrath Company LLC
• True Manufacturing Co. Inc.
What is Included in The Market Segmentation:
The report has segmented the global commercial kitchen appliances market based on type, distribution channel, application and region.
Breakup by Type:
• Refrigerators
• Cooking Appliances
• Cooktop and Cooking Ranges
• Ovens
• Dishwashers
• Others
Breakup by Distribution Channel:
• Offline
• Online
Breakup by Application:
• Quick Service Restaurant (QSR)
• Railway Dining
• Institutional Canteen
• Resort and Hotel
• Hospital
• Full Service Restaurant (FSR)
• Others
Breakup by Region:
• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa
Key highlights of the report:
• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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