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

By Equipment;

Food Preparation Equipment, Drink Preparation Equipment, Cooking Equipment, Heating & Holding Equipment, Refrigerators & Chillers, Baking Equipment, Merchandisers, Dishwashers, and Other F&B Service Equipment.

By End Use;

Full Service Restaurant & Bars, Quick Service Restaurant, Indoor & Outdoor Caterers, Hotels & Resorts, Club Restaurants, Commercial Canteens, and Transportation.

By Sales Channel;

Physical Stores and Online Platforms.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn670079350 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Foodservice Equipment Market (USD Million), 2021 - 2031

In the year 2024, the Global Foodservice Equipment Market was valued at USD 45,977.43 million. The size of this market is expected to increase to USD 78,644.15 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.0%.

The Global Foodservice Equipment Market encompasses a wide array of products essential for commercial kitchens and foodservice establishments worldwide. This market is pivotal to the hospitality and food industry, catering to the needs of restaurants, hotels, cafeterias, and other foodservice providers. Key segments within this market include cooking equipment, refrigeration systems, storage and handling equipment, food preparation tools, and washing and sanitation systems. Each category plays a crucial role in ensuring the efficiency, hygiene, and operational success of foodservice operations across various scales and formats.

Technological advancements are a driving force behind the evolution of the Global Foodservice Equipment Market. Innovations such as smart kitchen appliances, energy-efficient refrigeration units, and automated cooking systems are enhancing productivity, reducing operating costs, and improving food quality and safety standards. These advancements not only meet the increasing demands for efficiency and sustainability but also cater to changing consumer preferences and regulatory requirements in different global markets.

Market growth is also fueled by the expanding global hospitality sector and rising consumer spending on dining out experiences. As urbanization accelerates and lifestyles become more fast-paced, there is a growing reliance on foodservice providers to deliver convenient, high-quality meals. This trend is driving investments in modern foodservice equipment that can handle larger volumes of food production while maintaining food safety standards and operational efficiency. Overall, the Global Foodservice Equipment Market continues to thrive as a critical component of the global food industry, supporting diverse culinary traditions and meeting the evolving demands of a dynamic consumer base worldwide.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Equipment
    2. Market Snapshot, By End Use
    3. Market Snapshot, By Sales Channel
    4. Market Snapshot, By Region
  4. Global Foodservice Equipment Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Technological Innovation
        2. Energy Efficiency
        3. Consumer Demand
      2. Restraints
        1. Cost Pressure
        2. Regulatory Compliance
        3. Maintenance Complexity
      3. Opportunities
        1. Smart Kitchen
        2. Energy Efficiency
        3. Sustainable Solutions
    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 Foodservice Equipment Market, By Equipment, 2021 - 2031 (USD Million)
      1. Food Preparation Equipment
      2. Drink Preparation Equipment
      3. Cooking Equipment
      4. Heating & Holding Equipment
      5. Refrigerators & Chillers
      6. Baking Equipment
      7. Merchandisers
      8. Dishwashers
      9. Other F&B Service Equipment
    2. Global Foodservice Equipment Market, By End Use, 2021 - 2031 (USD Million)
      1. Full Service Restaurant & Bars
      2. Quick Service Restaurant
      3. Indoor and Outdoor Caterers
      4. Hotels & Resorts
      5. Club Restaurants
      6. Commercial Canteens
      7. Transportation
    3. Global Foodservice Equipment Market, By Sales Channel, 2021 - 2031 (USD Million)
      1. Physical Stores
      2. Online Platforms
    4. Global Foodservice 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