Catering Equipment Market 2025 – Market Size & Segments Analysis, Industry Trends, Manufacturers Analysis, Opportunities and Forecast 2034

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The global market value of the catering equipment market was valued to be 12.3 billion in 2023, and a CAGR of 3.8% is expected during the forecast period. Surging investment in hospitality sectors and rising urbanization are the key factors behind the significant growth in the market. The heightened pace of growth of the dining-out industry, coupled with the rising consumer confidence, is the key reason behind the significant growth.

Increasing travel and tourism further boosts the need for commercial kitchens, and catering services. Increasing popularity of fast-food chains, and QSRs drives the need for compact, efficient, and durable catering equipment. High initial cost of advanced equipment is hindering the market growth.

The demand for the equipment that supports high-speed, and large-scale food preparation is growing significantly. Changing lifestyles with higher disposable income have led to a surge in dining out, contributing to the expansion of restaurants and catering businesses. Integration of advanced technology such as smart kitchen equipment and automation, enhances the efficiency and functionality of catering equipment. Increasing number of Quick service restaurants in all over the world are driving growth in the Catering equipment market significantly.


Growth Drivers

Rapid growth in online food delivery platforms has increased the need for packaging, storage, and reheating equipment in commercial kitchens. Cloud kitchens, and dark kitchens, which rely heavily on catering equipment, are growing in popularity. Rising awareness about sustainability has increased demand for eco-friendly and energy-efficient catering equipment.

Government and industry bodies are promoting green initiatives, encouraging businesses to adopt environmentally friendly equipment. Growth in corporate events, weddings, parties, and other social gatherings boosts the demand for portable and versatile catering equipment. Growth of foodservice industry, and rising disposable income is driving the market significantly. Stringent health and safety regulations are driving the market demand towards a significant success.

Specialized equipment for outdoor and large-scale catering is increasingly in demand. Continuous investments by key players in the foodservice industry to expand their offerings are driving the demand for advanced catering equipment. Emerging markets in the Asia-Pacific region, the Middle East, and Africa are witnessing significant investments in catering infrastructure. The growing trend of offering customized kitchen setups tailored to specific cuisines and services is driving demand for personalized catering equipment solutions. Growth in smart and IoT enabled equipment are driving the market towards significant success.

The growth of online platforms for purchasing catering equipment provides early access and competitive pricing is driving market growth significantly. Growing demand from Hospitality, and foodservice industry industries, technological advancements, and increasing focus on sustainability is driving growth in the market. Compliance with food safety standards necessitates the use of advanced and hygienic catering equipment.

Segmentation

By Product Type

·         Fryers

·         Cookers

·         Ranges

·         Kettles

·         Steamers

·         Cook-chill Systems

·         Broilers/Char Broilers/Grills/Griddles

·         Braising Pans/Tilting Skillets

·         Ovens

·         Others

By End-Use

·         Full-Service Restaurants

·         Quick-Service Restaurants

·         Catering

Regional Outlook

·         Asia Pacific

·         North America

·         Latin America

·         Middle East and Africa

·         Europe

Catering Equipment Market by End-User Segmentation

On the basis of the End-User, The Catering Equipment Market is segmented into Full-Service Restaurants, Quick-Service Restaurants, and Catering. Quick Service Restaurant is the leading market segment because it includes specialized equipment that quickly prepare, and serve food, such as fryers, grills, and rapid cooling systems. QSRs cater to a high number of customers daily, leading to a greater demand for durable and efficient equipment.


QSRs prioritize consistent food quality, and portioning because it focusses on delivering food quickly to meet consumer expectations. This necessitates advanced and efficient equipment like high-speed ovens, fryers, and dishwashers. QSR chains operate on standardized menus and processes, requiring consistent, durable, and scalable equipment to handle large volumes of food preparation.

Many QSRs adopt smart and automated catering equipment, such as programmable coffee machine, and automated fryers, to reduce labor dependency, and improved accuracy. The growth of urban areas and fast-paced lifestyles of consumers have increased demand for quick meals, further boosting the need for QSR-focused catering equipment.

QSR franchise are rapidly expanding worldwide, driving consistent demand for new catering equipment to support new outlets. QSRs often require customized equipment to fit their unique kitchen layouts and menu requirements, which fuels market demand. QSRs provide hygiene and food safety to comply with strict regulations, requiring advance equipment like sanitizing dishwaters, and temperature controlled storage units. Rising urbanization is the key factor behind the significant market growth.

Regional Outlook

On the basis of the regions, the catering equipment market is segmented into 5 parts: Asia-Pacific, North America, Latin America, the Middle East and Africa, and Europe. The Asia Pacific region is the fastest-growing market during the forecast period due to its highly developed hospitality and foodservice sector. The region has a high frequency of dining out due to higher disposable income and lifestyle preference. The increase in demand for the energy-efficient appliances is driving the growth in the catering equipment market.

North America, including countries like the United States of America and Canada, is witnessing significant growth in the market due to a thriving food industry and stringent regulatory standards. The trend towards health-conscious dining options is driving growth in the market significantly. The presence of key players in the region is the key factor behind the significant growth in the market. Europe is another significant market due to the presence of cities like London, Paris, and Berlin, where the demand for advanced kitchen equipment is high.

The European catering market is poised for continuous growth, supported by technological advancements and evolving consumer preferences within the food service sector. Focus on product innovation, energy efficiency, and the integration of smart technologies to enhance kitchen operations is driving growth in this market. Key players in the European market include Nisbets, a leading distributor of catering equipment, which is significantly driving growth in the market. Middle East and Africa, and Latin America is witnessing significant growth due to increasing population, and flourishing hospitality sector.


Key Players

·         Duke Manufacturing Company Inc.

·         Electrolux

·         Dover Corporation

·         Ali Group S.r.l

·         Illinois Tool Works

·         Alto-Shaam

·         Atosa USA. Inc.

·         Middleby Corporation

·         Comstock-Castle Stove Co.

·         Other Players

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