Global Food Service Equipment Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Value Chain;

Upstream Analysis, Downstream Analysis, and Low Cost Equipment Dynamics.

By Product;

Kitchen Purposes, Refrigeration, Storage, Ware Washing, and Food Holding & Serving.

By End-User;

Full-Service Restaurants & Hotels, Quick-Service Restaurants & Pubs, Caterings, and Supermarkets & Chain Stores.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn728220693 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Food Service Equipment Market (USD Million), 2021 - 2031

In the year 2024, the Global Food Service Equipment Market was valued at USD 37,684.14 million. The size of this market is expected to increase to USD 61,188.70 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.2%.

The global food service equipment market encompasses a diverse array of appliances and tools used in commercial kitchens and food establishments worldwide. This market is essential to the efficient operation of restaurants, hotels, cafeterias, catering services, and other food service businesses, where equipment plays a critical role in food preparation, storage, cooking, and presentation. Key segments within the market include cooking equipment such as ovens, grills, and fryers, refrigeration equipment for storing perishable items, beverage equipment like coffee machines and dispensers, and storage and handling equipment such as shelving and carts.

In addition to basic kitchen operations, food service equipment also encompasses specialized items tailored to meet specific industry needs. This includes equipment designed for food preservation, hygiene, and compliance with food safety regulations. The market is driven by ongoing advancements in technology, which have led to innovations like energy-efficient appliances, automated cooking systems, and smart kitchen solutions that enhance productivity and operational efficiency. As the food service industry evolves to meet changing consumer preferences and regulatory requirements, the demand for reliable, high-performance equipment continues to grow.

The global food service equipment market spans major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Each region contributes differently to market dynamics, influenced by factors such as economic development, urbanization, consumer spending on dining out, and the presence of established and emerging food service chains. North America and Europe are mature markets characterized by a high concentration of food service establishments and stringent regulations governing food safety and hygiene standards. In contrast, Asia Pacific is experiencing rapid market growth driven by urbanization, rising disposable incomes, and the expanding hospitality sector in countries like China, India, and Southeast Asia. Latin America and the Middle East and Africa also show promising growth potential as urbanization and changing dietary habits drive demand for modern food service equipment solutions.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Value Chain
    2. Market Snapshot, By Product
    3. Market Snapshot, By End-User
    4. Market Snapshot, By Region
  4. Global Food Service Equipment Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Energy Efficiency
        2. Technological Innovation
        3. Food Safety
      2. Restraints
        1. Cost pressures
        2. Regulatory compliance
        3. Operational complexity
      3. Opportunities
        1. Energy Efficiency
        2. Smart Technology
        3. Customization Trends
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Food Service Equipment Market, By Value Chain, 2021 - 2031 (USD Million)
      1. Upstream Analysis
      2. Downstream Analysis
      3. Low Cost equipment dynamics
    2. Global Food Service Equipment Market, By Product, 2021 - 2031 (USD Million)
      1. Kitchen Purposes
      2. Refrigeration
      3. Storage
      4. Ware Washing
      5. Food Holding and Serving
    3. Global Food Service Equipment Market, By End-User, 2021 - 2031 (USD Million)
      1. Full-service Restaurants & Hotels
      2. Quick-service Restaurants & Pubs
      3. Caterings
      4. Supermarkets & Chain Stores
    4. Global Food Service Equipment Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia/New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. AB Electrolux
      2. Ali Group S.r.l. a Socio Unico
      3. Dover Corporation
      4. Duke Manufacturing
      5. Haier Group
      6. SMEG S.p.A.
      7. The Middleby Corporation
  7. Analyst Views
  8. Future Outlook of the Market