Commercial Cooking Equipment Market Size to Reach USD 19,137 Million by 2030

Commercial Cooking Equipment Market

The global Commercial Cooking Equipment Market was valued at USD 11,820 million in 2021 and is projected to reach USD 19,137 million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.5% during the forecast period (2022–2030). Commercial cooking equipment refers to specialized machines designed to support large-scale cooking operations, ensuring the efficiency, safety, and consistency required in commercial kitchens, including restaurants, hotels, hospitals, and catering services. These equipment range from ovens and fryers to more complex devices like cook-chill systems and steamers, each suited to specific culinary tasks.

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Industry Key Trends

  • Energy-Efficiency Focus: There is an increasing trend toward the development of energy-efficient cooking equipment. This trend is driven by growing concerns about sustainability and rising energy costs.
  • Smart Cooking Equipment: The integration of IoT (Internet of Things) technologies and smart devices is revolutionizing commercial cooking. These innovations allow for real-time monitoring and control, helping chefs improve efficiency and maintain high-quality food standards.

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Commercial Cooking Equipment Market Size and Share

The market size and share of commercial cooking equipment continue to expand globally. The North American market holds the largest share, driven by the increasing number of foodservice businesses and the demand for high-performance kitchen equipment. However, Asia-Pacific (APAC) is expected to see the highest growth during the forecast period, owing to the rapid urbanization, economic development, and growing restaurant culture in countries like China and India.

Commercial Cooking Equipment Market Statistics

  • The global commercial cooking equipment market size was valued at USD 11,820 million in 2021.
  • The market is expected to grow at a CAGR of 5.5%, reaching USD 19,137 million by 2030.
  • The key market players are focusing on mergers, acquisitions, partnerships, and technological advancements to maintain competitive advantages and enhance their market share.

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Regional Trends

North America

  • The North American region accounted for the largest share of the global market in 2021. This can be attributed to the high demand for commercial cooking equipment in restaurants, hotels, and catering businesses.
  • The U.S. holds a dominant position in the region, with a rapidly expanding foodservice industry and a growing trend of fast-casual dining.
  • Energy-efficient and smart cooking technologies are gaining traction in this region, with several manufacturers focusing on sustainability and automation.

Asia-Pacific (APAC)

  • APAC is anticipated to experience the highest growth rate during the forecast period. With a growing middle class, urbanization, and increasing disposable income, countries like ChinaIndia, and Japan are becoming major hubs for the commercial cooking equipment market.
  • The demand for cost-effective and compact cooking solutions is on the rise in this region, especially in fast-growing urban areas with smaller kitchen spaces.
  • Additionally, rapid adoption of global food trends and restaurant chains in countries like China and India is expected to increase the demand for commercial kitchen equipment.

Europe

  • The European market is driven by both traditional and modern dining establishments, including luxury hotels and catering services, which are keen on adopting new cooking technologies.
  • The demand for innovative cooking equipment is supported by the region’s focus on sustainability and eco-friendly solutions, including energy-efficient appliances and smart kitchen solutions.
  • Countries like GermanyFrance, and the U.K. are the largest contributors to market growth in this region, with a growing focus on health-conscious food trends and food quality.

Commercial Cooking Equipment Market Segmentations

By Product Type:

  1. Ovens – Used for baking, roasting, and other cooking methods, ovens are a staple in commercial kitchens.
  2. Ranges – These versatile cooking units combine burners and ovens, commonly found in full-service and quick-service restaurants.
  3. Grills – Popular in both restaurants and catering operations for grilling meat and vegetables.
  4. Braising Pans/Tilting Skillets – Essential in commercial kitchens for preparing large batches of food.
  5. Broilers/Char Broilers/Grills/Griddles – Commonly used in various foodservice settings for grilling, broiling, and griddling.

By End-Use:

  1. Full-Service Restaurant
  2. Quick-Service Restaurant
  3. Catering
  4. Hotels & Restaurants
  5. Hospitals

Top Players in the Commercial Cooking Equipment Market

  1. Alto Shaam Inc.
  2. Atosa USA Inc.
  3. Comstock Castle Stove Co.
  4. Dover Corporation
  5. Duke Manufacturing Co. Inc.
  6. Electroflux
  7. Illinois Tool Works Inc.
  8. Middleby Corporation
  9. Welbilt Inc.

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