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Report Overview

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.

2024

Base Year

2018-2024

Historical Period

2025-2034

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%

Global Food Service Equipment Market

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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.

Key Trends and Developments

Global Food Service Equipment Market Trends

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.

Global Food Service Equipment Market by Segment

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Market Segmentation

"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

  • Cooking Equipment
    • Grills
    • Fryers
    • Ovens
    • Cooking and Bakery Utensils
  • Storage and Handling Equipment
    • Refrigeration
    • Food bags and containers
    • Food Warmers
  • Warewashing Equipment
    • Utensil Washers
    • Dishwashers
    • Booster Heaters
    • Others
  • Food and Beverage Preparation Equipment
    • Slicers
    • Peelers
    • Mixers, Blenders, and Grinders
    • Food Processors and Juicers
    • Food Preparation Tools
  • Serving Equipment
    • Dinnerware
    • Glassware

Market Breakup by End Use

  • Full-Service Restaurant and Hotel
  • Quick Service Restaurant and Pub
  • Catering

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

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.

Competitive Landscape

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.

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.

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

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

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.

Global Food Service Equipment Market Analysis by Region

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.

Food Service Equipment Market Report Snapshots

Food Service Equipment Companies

*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.*

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Key Questions Answered in the Report

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.

Report Summary

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.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

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:

  • Product
  • End Use
  • Region
Breakup by Product
  • Cooking Equipment
    • Grills
    • Fryers
    • Ovens
    • Cooking and Bakery Utensils
  • Storage and Handling Equipment
    • Refrigeration
    • Food bags and containers
    • Food Warmers
  • Warewashing Equipment
    • Utensil Washers
    • Dishwashers
    • Booster Heaters
    • Others
  • Food and Beverage Preparation Equipment
    • Slicers
    • Peelers
    • Mixers, Blenders, and Grinders
    • Food Processors and Juicers
    • Food Preparation Tools
  • Serving Equipment
    • Dinnerware
    • Glassware
Breakup by End Use
  • Full-Service Restaurant and Hotel
  • Quick Service Restaurant and Pub
  • Catering
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • 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
  • Irinox S.p.A
  • Others
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