Driving Commercial Catering Equipment Market Growth in 2025: The Role of Rising Restaurant Numbers Propel Growth In The Commercial Catering Equipment

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Commercial Catering Equipment Market Size Growth Forecast: What to Expect by 2025?
Recent years have seen impressive growth in the market size of commercial catering equipment. Its projected growth will take it from $12.03 billion in 2024 to $12.81 billion in 2025, demonstrating a robust compound annual growth rate (CAGR) of 6.5%. This expansion has been influenced by factors such as the rise in disposable income, the flourishing global hospitality and tourism industry, and an increase in populations moving to urban areas, which in turn has led to an increased demand for food services. This demand for food services leads to a higher need for commercial catering equipment across restaurants and other food service sectors, in conjunction with the escalating growth of eateries, cafes, and quick-service restaurants.

How Will the Commercial Catering Equipment Market Size Evolve and Grow by 2029?
The market for commercial catering equipment is predicted to experience significant increase in the upcoming years, reaching a valuation of $16.25 billion in 2029, with a compound annual growth rate (CAGR) of 6.1%. The projected rise for this period is attributed to factors like the heightened focus on sustainability, the escalating demand for items designed to boost hygiene and food safety, the emergence of cloud kitchens, growing urbanization, and escalating energy prices. Future trends expected to dominate this period are the adoption of the Internet of Things (IoT) into commercial kitchen equipment, innovation in the creation of energy-efficient equipment, advanced sanitation features in machinery, the introduction of molecular gastronomy, and smart kitchen solutions.

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What Drivers Are Propelling the Growth of Commercial Catering Equipment Market Forward?
The growth of the commercial catering equipment market is anticipated to be driven by the escalating number of restaurants. These are places where meals and drinks are made and sold to consumers for money. The increase in the quantity of restaurants can be attributed to the growing trend of dining out, evolving consumer tastes, and shifts in lifestyles. Restaurants require commercial catering equipment to function effectively, ensure high food quality, guarantee safety, and efficiently manage costs. For example, the National Restaurant Association, a US government organization, reported a substantial rise in the number of restaurants in November 2024. In 2023, there were 749,404 restaurants, signifying a 5.7% growth compared to 2022. Consequently, the growing number of restaurants fuels the commercial catering equipment market.

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Which Emerging Trends Are Transforming the Commercial Catering Equipment Market in 2025?
Major firms involved in the commercial catering equipment market are generating novel products, such as hot holding cabinets, to cater to the changing requirements of the food service sector. A hot holding cabinet, also referred to as a warming cabinet or hot box, is a piece of machinery used in commercial kitchens to maintain prepared food at a secure, warm temperature until serving time. For instance, in April 2024, Lincat, a commercial catering equipment company based in the UK, introduced Invoq ovens in partnership with HOUNÖ, a reputed producer of high-end commercial ovens. These Invoq ovens are set to establish new standards in commercial kitchens by offering cutting-edge features and a design specifically tailored to meet the evolving needs of the culinary sector.

What Are the Key Segments in the Commercial Catering Equipment Market?
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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Who Are the Key Players Shaping the Commercial Catering Equipment Market's Competitive Landscape?
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.

What Geographic Markets Are Powering Growth in the Commercial Catering Equipment Market?
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.

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