Commercial Catering Equipment Market Forecast 2025-2034: Analysing Major Trends, Opportunities, and Growth Drivers

Which drivers are expected to have the greatest impact on the over the commercial catering equipment market's growth?
The rising number of restaurants is expected to drive the growth of the commercial catering equipment market. Restaurants are essential venues for food and beverage service, and the growing number of establishments is driven by the increasing demand for dining out, shifting consumer preferences, and evolving lifestyles. Commercial catering equipment is critical for restaurants to operate efficiently, maintain high food quality, ensure safety, and control costs. For instance, the National Restaurant Association reported in November 2024 that in 2023, the number of U.S. restaurants grew by 5.7%, reaching 749,404 establishments. This rising number of restaurants is boosting the demand for commercial catering equipment.

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What is the future CAGR of the commercial catering equipment market, and how will it impact industry expansion?
The commercial catering equipment market has experienced robust growth in recent years. It will rise from $12.03 billion in 2024 to $12.81 billion in 2025, at a compound annual growth rate (CAGR) of 6.5%. The growth is attributed to higher disposable incomes, the growth of the global hospitality and tourism sectors, migration to urban areas leading to more food service demand, and the rising number of restaurants, cafes, and quick-service establishments.

The commercial catering equipment market is expected to grow steadily, reaching $16.25 billion by 2029 with a CAGR of 6.1%. Key drivers include a greater emphasis on sustainability, rising demand for equipment that enhances cleanliness and food safety, the popularity of cloud kitchens, urbanization, and increasing energy costs. Trends include IoT integration, energy-efficient equipment, advanced sanitization features, innovations in molecular gastronomy, and smart kitchen solutions.

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What are the most significant trends transforming the commercial catering equipment market today?
Companies in the commercial catering equipment market are focusing on developing innovative products, such as hot holding cabinets, to meet the changing needs of the food service industry. These cabinets are used to keep prepared food at a safe, hot temperature until ready to serve. For example, in April 2024, Lincat launched Invoq ovens, in collaboration with HOUNÖ. These ovens are designed to meet the evolving demands of commercial kitchens, offering advanced features like easy-to-use interfaces and specialized functions for gastronomy and bakery needs.

Which key market segments comprise the commercial catering equipment market and drive its revenue growth?
The commercial catering equipment market covered in this report is segmented -

1) By Type: Food Handling Equipment, Refrigeration Equipment, Food Preparation Equipment, Other Types
2) By Sales Channel: Offline, Online
3) By Application: Restaurants, Hotels, Other Applications

Subsegments:
1) By Food Handling Equipment: Trolleys And Carts, Serving Trays, Food Storage Containers, Transport Equipment
2) By Refrigeration Equipment: Commercial Refrigerators, Freezers, Display Chillers, Ice Machines
3) By Food Preparation Equipment: Mixers And Blenders, Food Processors, Slicers And Grinders, Ovens And Grills, Fryers
4) By Other Types: Dishwashing Equipment, Cooking Ranges And Stoves, Ventilation And Exhaust Systems, Coffee Machines And Beverage Dispensers

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What regions are at the forefront of commercial catering equipment market expansion?
North America was the largest region in the commercial catering equipment market in 2024. The regions covered in the commercial catering equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Who are the leading players fueling growth in the commercial catering equipment market?
Major companies operating in the commercial catering equipment market are Middleby Corporation, Franke Holding AG, Hoshizaki Corporation, Welbilt Inc., Electrolux Professional AB, Rational AG, Bizerba SE & Co. KG, ITW Food Equipment Group, Henny Penny Corporation, Fagor Industrial, Hatco Corporation, Alto-Shaam Inc., Lincat Limited, Imperial Commercial Cooking Equipment, Turbo Air Inc., MKN Maschinenfabrik Kurt Neubauer GmbH & Co KG, Robot Coupe, Waring Commercial, Kent Catering Equipment, Koolmax Group Ltd.

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What Is Covered In The Commercial Catering Equipment Global Market Report?

•Market Size Forecast: Examine the commercial catering equipment market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the commercial catering equipment market for a structured understanding.
•Key Players Overview: Analyze major players in the commercial catering equipment market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the commercial catering equipment market.
•Segment Contributions: Evaluate how different segments drive overall growth in the commercial catering equipment market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the commercial catering equipment market.
•Industry Challenges: Identify potential risks and obstacles affecting the commercial catering equipment market.
•Competitive Landscape: Review strategic developments in the commercial catering equipment market, including expansions, agreements, and new product launches.

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