According to the latest report from the IMARC group, “Global Commercial Kitchen Appliances Market Size, Share, Growth, Trends, Opportunities and Forecast 2022-2027“, the global commercial kitchen appliances market reached a value of US$87.25 billion in 2021. Looking ahead, IMARC Group expects the market to reach a value of US$129.04 billion. US Dollars by 2027, growing at a CAGR of 6.50% in 2022-2027.
Commercial kitchen appliances include freezers, refrigerators, ice makers, stoves, ovens, broilers, microwaves, broilers, slicers, food processors, blenders, blenders, grinders, burners, toasters, griddles, deep fryers, dishwashers, food warmers, etc. They are used in commercial kitchens in resorts, hotels, hospitals, institutional canteens, full-service restaurants (FSRs), etc., to help increase work efficiency, facilitate food preservation, reduce wastage, etc. Commercial kitchen appliances also help with space management and improve cooking speed and overall customer experience.
|Base year: 2021|
|Forecast year: 2022-2027|
Commercial Kitchen Appliances Market Trends and Drivers:
The expanding hospitality sector is mainly driving the commercial kitchen appliances market. In addition to this, the growing number of quick-service restaurants (QSRs), which rely on commercial kitchen appliances, such as speed ovens, to produce large quantities of food in less time, further catalyze growth. of the market.
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With this in mind, QSR’s chains are adapting to local tastes and integrating multi-cuisine food preparations into their menu, due to the growing popularity of eclectic and foreign cuisines among consumers, which is another important growth factor. .
Moreover, the major players are focusing on the development of environment-friendly and energy-saving commercial kitchen appliances, which is also positively influencing the global market. Additionally, rising concerns over food safety and growth in the tourism industry are expected to fuel the commercial kitchen appliances market during the forecast period.
To note: We regularly monitor the direct effect of COVID-19 on the market, as well as the indirect influence of associated industries. These observations will be incorporated into the report.
2022-2027 Global Commercial Kitchen Appliances Market Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the major players operating in the market.
Alto-Shaam Inc., American Range Corporation, Carrier Global Corporation, Duke Manufacturing Company, Electrolux AB, GS Blodgett Corporation (The Middleby Corporation), Hamilton Beach Brands Inc., Hoshizaki Corporation, Interlevin Refrigeration Ltd., MEIKO Maschinenbau GmbH & Co. KG, The Vollrath Company LLC and True Manufacturing Co. Inc.
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The report has segmented the market based on region, type, distribution channel and application.
Breakdown by type:
- Cooking appliances
- Hob and cookers
Breakdown by distribution channel:
Breakdown by application:
- Quick Service Restaurant (QSR)
- Rail catering
- Institutional canteen
- Resort and Hotel
- Full Service Restaurant (FSR)
Breakdown by region:
- North America: (United States, Canada)
- Asia-Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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Main highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Porter’s Five Forces Analysis
- Market drivers and success factors
- SWOT analysis
- Value chain
- Complete mapping of the competitive landscape
If you need specific information that is not currently covered in the report, we can provide it to you as part of the customization.
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