The global food service equipment market size reached USD 35.90 Billion in 2024. The market is expected to grow at a CAGR of 5.70% between 2025 and 2034, reaching almost USD 62.49 Billion by 2034.
Base Year
Historical Period
Forecast Period
The National Restaurant Association forecasts the US food service sector to reach $1 trillion in sales by 2024, leading to increased global food service equipment market growth.
Eurostat's 2020 report stated that 2,91,000 EU businesses processed food, employing 4.6 million, adding €227 billion, enhancing the global food service equipment market.
Food service equipment includes diverse tools for storing, cooking, and serving food in commercial settings, including tableware and essential appliances.
Compound Annual Growth Rate
5.7%
Value in USD Billion
2025-2034
Food Service Equipment Market Outlook
*this image is indicative*
| Global Food Service Equipment Market Report Summary | Description | Value |
| Base Year | USD Billion | 2024 |
| Historical Period | USD Billion | 2018-2024 |
| Forecast Period | USD Billion | 2025-2034 |
| Market Size 2024 | USD Billion | 35.90 |
| Market Size 2034 | USD Billion | 62.49 |
| CAGR 2018-2024 | Percentage | XX% |
| CAGR 2025-2034 | Percentage | 5.70% |
| CAGR 2025-2034 - Market by Region | Asia Pacific | 6.6% |
| CAGR 2025-2034 - Market by Country | India | 7.2% |
| CAGR 2025-2034 - Market by Country | UK | 5.2% |
| CAGR 2025-2034 - Market by Product | Food and Beverage Preparation Equipment | 6.4% |
| CAGR 2025-2034 - Market by End Use | Quick Service Restaurant and Pub | 6.5% |
| Market Share by Country 2024 | Canada | 2.5% |
Read more about this report - REQUEST FREE SAMPLE COPY
Food service equipment encompasses a wide array of tools and machinery utilized for storing, preparing, and serving food in commercial establishments. This includes tableware like plates, cups, bowls, and cutlery, essential for presenting dishes. Additionally, it consists of various appliances such as microwaves, air fryers, stoves, ovens, mixers, blenders, and steamers, each crucial for cooking at precise temperatures.
Cleaning setups such as dishwashers and garbage disposal units are also part of this equipment, ensuring cleanliness and waste management. Moreover, large storage units with efficient temperature controls help store perishable items, while maintaining proper airflow and cleanliness in the kitchen.
According to the National Restaurant Association in the USA, the food service industry is forecasted to reach $1 trillion in sales by 2024. Restaurants are actively hiring, with an expected rise of 200,000 jobs, increasing total industry employment to 15.7 million by the end of 2024. 45% of operators are looking to hire more staff to meet customer needs, thus contributing to the global food service equipment market growth.
The global food service equipment market grows with energy-efficient electronics, the food and beverage sector, technological advancements, and time-saving features.
Increasing environmental consciousness and the focus on energy conservation are driving the adoption of energy-efficient food service equipment. Manufacturers are giving priority to creating appliances that not only reduce operational costs but also minimize environmental harm, in line with sustainability efforts.
As per the global food service equipment market analysis, the thriving food and beverage industry, characterized by a growing number of restaurants, fast-food chains, and cafes, drives the market growth. To cater to customer demands effectively, commercial kitchens and food preparation facilities rely on specialized equipment.
The global food service equipment market developments are attributed to the incorporation of AI and IoT for improving features. Additionally, the market benefits from food outlet owners' increasing focus on food safety and sanitation measures. Moreover, the rising adoption of cloud connectivity in restaurant operations to create efficient smart kitchens is a significant factor in market growth.
Kitchen appliances with time-saving features simplify cooking tasks, minimizing preparation time and labour. These include devices such as food processors, pressure cookers, and microwave ovens, facilitating faster meal preparation and effective cooking, thereby contributing to the global food service equipment market.
According to the global food service equipment market report, the increasing utilization of cloud-connected devices and smart kitchen solutions is geared towards improving operational efficiency, optimizing inventory control, and facilitating remote monitoring. Furthermore, the development of equipment with upgraded sanitation attributes ensures adherence to rigorous hygiene protocols, thereby safeguarding food safety.
Tailoring and customizing equipment to meet individual restaurant needs, alongside the rising uptake of mobile and digital ordering platforms necessitating equipment compatibility, are notable trends in the food service industry.
Read more about this report - REQUEST FREE SAMPLE COPY
"Global Food Service Equipment Market Report and Forecast 2025-2034" offers a detailed analysis of the market based on the following segments:
Market Breakup by Product
Market Breakup by End Use
Market Breakup by Region
| CAGR 2025-2034 - Market by | Country |
| India | 7.2% |
| UK | 5.2% |
| USA | 5.1% |
| Germany | 4.7% |
| France | 4.5% |
| Canada | XX% |
| Italy | XX% |
| China | XX% |
| Japan | 3.9% |
| Australia | XX% |
| Saudi Arabia | XX% |
| Brazil | XX% |
| Mexico | XX% |
Based on product, the global food service equipment market share is led by cooking equipment
Cooking equipment enhances the taste and quality of food while also reducing time and effort. Moreover, it fosters a secure and well-organized kitchen environment, reducing the risk of accidents and injuries.
Serving equipment ensures the organization and preservation of ingredients and prepared meals, minimizing waste and maintaining freshness to adhere to food safety standards.
Full-service restaurants and hotels enhance the global food service equipment market growth
Full-service restaurants and hotels offer personalized service for dining pleasure in comfortable settings. They provide all-in-one experiences with event spaces for various functions.
Catering services create tailored menus for clients, offering seamless dining without the hassle of cooking. Adaptable to different venues, they present events professionally, streamlining planning for efficiency.
Market players are focusing on innovation and excellence, providing a wide array of products specifically designed for the food service industry.
Ali Group S.R.L., founded in Italy, is a prominent global provider of commercial kitchen equipment. Based in Milan, the company prioritizes innovation and excellence, offering a diverse range of products tailored to the food service industry.
Alto-Shaam, Inc., headquartered in Wisconsin, specializes in innovative food service equipment solutions since its inception. Renowned for its pioneering advancements in cooking, storage, and cooling systems, the company meets the needs of various culinary establishments.
Cambro Manufacturing, established in 1951 and situated in California, is a globally recognized name for its durable and dependable food service equipment and supplies. The company is well-known for its inventive solutions in food preservation, transportation, and serving, catering to various industries.
Duke Manufacturing, founded in 1925 and based in Missouri, is a leading provider of commercial foodservice equipment. Recognized for its cutting-edge designs and solutions in hot holding, display, and custom fabrication, the company serves the diverse needs of the food industry.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other key players in the global food service equipment market are Comstock-Castle Stove Co. Inc., Falcon Food Service Equipment (AFE Group Ltd), Bartscher GmbH, Sammic S.L., Fagor Industrial, S.Coop, Irinox S.p. and others.
Based on the global food service equipment market share, North America emerges as a crucial market region, fueled by the increasing popularity of online food ordering and delivery services. This expansion is bolstered by the adoption of digital solutions in the food service industry, encompassing various restaurant styles like full-service dining and fast-casual establishments.
In Europe, the market is thriving because of the rise in drive-thru facilities, mobile ordering applications, and fast-service dining options. These developments cater to the demands of busy lifestyles and the growing preference for convenience.
Eurostat's 2020 report revealed that within the European Union, there were 291,000 enterprises engaged in the processing of food and beverages. These businesses collectively employed 4.6 million workers and generated €227 billion in economic value. This significant contribution played a role in the advancement of the global food service equipment market growth.
Upto 15% Off
USD
$2499 $2249
$3999 $3599
$4999 $4249
$5999 $5099
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!
The market was valued at USD 35.90 Billion in 2024.
The market is projected to grow at a CAGR of 5.70% between 2025 and 2034.
The revenue generated from the food service equipment market is expected to reach USD 62.49 Billion in 2034.
The food service equipment market grows with energy-efficient electronics, the food and beverage sector, technological advancements, and time-saving features.
The food service equipment market is categorised according to its product, which includes cooking equipment, storage, and handling equipment, warewashing equipment, food and beverage preparation equipment and serving equipment.
The major players in the market are Ali Group S.R.L, Alto-Shaam, Inc, Cambro Manufacturing, Duke Manufacturing, Comstock-Castle Stove Co. Inc., Falcon Food Service Equipment (AFE Group Ltd), Bartscher GmbH, Sammic S.L., Fagor Industrial, S.Coop, and Irinox S.p.A among others.
Based on the end use, the food service equipment market is divided into full-service restaurants and hotels, quick-service restaurants and pub and catering.
The major areas include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2024 |
| Historical Period | 2018-2024 |
| Forecast Period | 2025-2034 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Product |
|
| Breakup by End Use |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
Datasheet
One User
USD 2,499
USD 2,249
tax inclusive*
Single User License
One User
USD 3,999
USD 3,599
tax inclusive*
Five User License
Five User
USD 4,999
USD 4,249
tax inclusive*
Corporate License
Unlimited Users
USD 5,999
USD 5,099
tax inclusive*
*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*
Flash Bundle
Small Business Bundle
Growth Bundle
Enterprise Bundle
*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*
Flash Bundle
Number of Reports: 3
20%
tax inclusive*
Small Business Bundle
Number of Reports: 5
25%
tax inclusive*
Growth Bundle
Number of Reports: 8
30%
tax inclusive*
Enterprise Bundle
Number of Reports: 10
35%
tax inclusive*
How To Order
Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.
Select License Type
Choose the right license for your needs and access rights.
Click on ‘Buy Now’
Add the report to your cart with one click and proceed to register.
Select Mode of Payment
Choose a payment option for a secure checkout. You will be redirected accordingly.
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Connect For More Information
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.
