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Commercial Foodservice Equipment Industry Report 2025-2034: Market Dynamics, Trends, And Forecasts
The Commercial Foodservice Equipment Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Expected Commercial Foodservice Equipment Market Size During the Forecast Period?
The commercial foodservice equipment market has experienced significant growth in recent years. It is projected to increase from $33.28 billion in 2024 to $35.53 billion in 2025 at a CAGR of 6.8%. Contributing factors include the demand for quick-service restaurants, the growth of the food and beverage industry, interest in healthier food options, regulatory standards, and the increasing need for equipment that facilitates food packaging and transportation.
The commercial foodservice equipment market will reach $45.7 billion by 2029 with a CAGR of 6.5%. Factors like urbanization, food safety awareness, and growing global food chains drive growth. Trends include digital ordering systems, robotic solutions, and remote monitoring technologies.
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What Are the High-Growth Segments in the Commercial Foodservice Equipment Market?
The commercial foodservice equipment market covered in this report is segmented -
1) By Type: Baking Equipment, Cooking Equipment, Ware Washing Equipment, Preparation Equipment, Holding And Storing Equipment, Beverage Equipment, Ice, Refrigeration
2) By Distribution: Offline, Online
3) By End-User: Food Production Facilities, Foodservice Outlets
Subsegments:
1) By Baking Equipment: Ovens (Convection, Deck, Rotary), Mixers, Proofers, Dough Sheeters, Baking Pans And Racks
2) By Cooking Equipment: Ranges (Gas, Electric), Griddles, Fryers, Broilers, Steamers, Pressure Cookers
3) By Ware Washing Equipment: Dishwashers (Undercounter, Conveyor), Glass Washers, Commercial Sinks, Sanitizing Equipment
4) By Preparation Equipment: Food Processors, Mixers, Slicers, Cutters, Blenders, Grinders
5) By Holding And Storing Equipment: Warmers (Bain-Marie, Heated Shelves), Food Warmer Cabinets, Holding Cabinets, Food Storage Containers, Carts And Racks
6) By Beverage Equipment: Coffee Machines (Brewers, Espresso), Beverage Dispensers, Smoothie Makers, Commercial Blenders, Tea Brewers
7) By Ice: Ice Makers (Modular, Self-Contained), Ice Dispensers, Ice Storage Bins, Ice Crushers
8) By Refrigeration: Commercial Refrigerators, Freezers (Reach-In, Chest Freezers), Refrigerated Prep Tables, Blast Chillers, Walk-In Coolers
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What Key Drivers Are Expected to Influence Future Commercial Foodservice Equipment Market Growth?
The ongoing expansion of quick service and fast casual restaurants is expected to drive growth in the commercial foodservice equipment market. Quick-service restaurants (QSRs) provide fast food with minimal table service, while fast casual restaurants offer higher-quality food and a more relaxed dining experience. The expansion of these establishments is fueled by consumer demand for convenient, high-quality, and affordable dining options. Commercial foodservice equipment in these restaurants streamlines food preparation, improves efficiency, and maintains high food quality and safety standards. For example, in June 2023, Aviko reported that the UK's fast food industry grew from $26.57 million (£20.61 billion) in 2022 to $28.41 million (£22.04 billion) in 2023. This ongoing expansion is boosting the commercial foodservice equipment market.
Which Companies Hold the Largest Share Across Different Commercial Foodservice Equipment Market Segments?
Major companies operating in the commercial foodservice equipment market are Libbey Inc., Cambro Manufacturing Co, The Vollrath Company LLC, Tundra Restaurant Supply, Provisur Technologies Inc., Broaster Company, Blodgett Oven Company, Hatco Corporation, Falcon Foodservice Equipment ltd, Chefs'Toys, Victory Refrigeration, Energy Star, AMTek Microwaves, Adexa Direct, Riddhi Display Equipments Pvt Ltd, TAG Catering Equipment UK Ltd, Bakers Pride, Kitchenrama, Hobart Food Equipment, Roundstone Catering Equipment Ltd, Cater-kwik Ltd, Target Catering Equipment, Canadian Restaurant Supply, Permul Ltd
What Are the Latest Developing Trends in the Commercial Foodservice Equipment Market?
In the commercial foodservice equipment market, companies are focusing on products like combi ovens to enhance cooking efficiency and versatility. Combi ovens combine steam and convection cooking methods for greater precision and versatility. In November 2023, UNOX Inc., a US-based company, launched the CHEFTOP-X and BAKERTOP-X ovens, offering AI-powered connectivity and customized user interfaces tailored for gastronomy and bakery applications.
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What Are the Emerging Geographies for The Commercial Foodservice Equipment Market Growth?
North America was the largest region in the commercial foodservice equipment market in 2023. The regions covered in the commercial foodservice equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Commercial Foodservice Equipment Market?
2. What is the CAGR expected in the Commercial Foodservice Equipment Market?
3. What Are the Key Innovations Transforming the Commercial Foodservice Equipment Industry?
4. Which Region Is Leading the Commercial Foodservice Equipment Market?
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