Commercial Kitchen Appliances Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2022 – 2030
The global commercial kitchen appliances market size is expected to be worth around US$ 140.77 billion by 2030, according to a new report by Vision Research Reports.
The global commercial kitchen appliances market size was valued at US$ 81.72 billion in 2020 and is anticipated to grow at a CAGR of 8.7% during forecast period 2021 to 2030.
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Report Coverage
| Report Scope | Details |
| Market Size | US$ 140.77 Bn by 2030 |
| Growth Rate | CAGR of 8.7% From 2021 to 2030 |
| Base Year | 2021 |
| Forecast Period | 2021 to 2030 |
| Segments Covered | Product, end use |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
| Companies Mentioned | Bakers Pride; G.S. Blodgett Corporation; Garland Group; Vulcan; Bonnet International; Ali Group; True Manufacturing |
Growth Factors
Rising popularity of Quick Service Restaurants (QSRs) and Full Service Restaurants (FSRs) and expanding travel and tourism are some of the key factors driving the market. Other factors impacting the market growth are rising demand for drive-through meals, development of railways, fast-paced life in metros and cosmopolitans, surge in the number of working women and nuclear families, and increasing disposable income of individuals.
The market is poised to witness substantial growth in the coming years owing to the growth of the travel and tourism industry and the rising attractiveness of Quick Service Restaurants (QSRs) among millennials. Increasing demand for drive-through meals, fast-paced life in metros and cosmopolitan cities, a surge in the number of working women and nuclear families, and rise in disposable income of individuals are some of the other factors driving the market for commercial kitchen appliances.
By Product Analysis
The commercial kitchen appliances market is segregated by product into refrigerator, cooking appliance, dishwasher, and other specialized appliance. The cooking appliance segment is further segmented into cooktop and cooking range, oven, and other cooking appliance.
Growing need for food preservation owing to changing climatic conditions is contemplating the end customers to deploy refrigerator with state-of-the-art technologies. Thus, the growing emphasis on advancements in refrigeration technologies is expected to boost the demand for refrigerators during the forecast period.
The cooking appliance segment is anticipated to expand at a CAGR of 8.6% over the forecast period on account of increased demand for combination oven and induction cooktop and cooking range.
By End-use Analysis
By end use, the market for commercial kitchen appliances has been segmented into quick service restaurants, full service restaurants, resorts and hotels, institutional canteens, hospitals, rail, cruise and airways catering, and others.
Global as well as local fast food chains are deploying technologically updated kitchen appliances owing to rising need for innovative and most efficient kitchen appliances among the end-use industries.
Rail, cruise and airways catering is expected to expand at the highest CAGR of 9.1% over the forecast period. Substantial growth in the tourism industry is expected to drive the demand for commercial kitchen appliances for catering in railways, airways, and cruise.
The hospitals segment is envisioned to witness significant growth from 2020 to 2030. One of the key factors responsible for the higher deployment of these appliances in hospitals is the need to prepare food in the hospital’s vicinity so as to maintain the nutritional requirements of the patients.
By Regional Analysis
North America accounted for the largest revenue share of over 30.0%. An increasing number of restaurants, hotels, and food businesses in this region is likely to aid industry growth.
MEA is projected to register the highest CAGR of 10.0% over the forecast period. With the growing tourism, the fast food franchises in this region are adopting variation in the restaurant menu by including a diverse range of food items belonging to local culture as well as other parts of the world.
The quick service restaurants segment in the Asia Pacific is expected to grow at a substantial rate as a large number of international chains and local players are venturing their businesses in the region.
Key Players
Bakers Pride, G.S. Blodgett Corporation, Garland Group, Vulcan, Bonnet International, Ali Group, and True Manufacturing.
Market Segmentation
- By Product
- Refrigerator
- Cooking Appliance
- Cooktop & Cooking Range
- Induction
- Gas
- Electric
- Oven
- Convection
- Microwave
- Combination
- Other Cooking Appliance
- Cooktop & Cooking Range
- Dishwasher
- Other Specialized Appliance
- By End-use
- Quick Service Restaurants (QSRs)
- Full Service Restaurants (FSRs)
- Resorts & Hotels
- Institutional Canteens
- Hospitals
- Rail, Cruise & Airways Catering
- Others
- Regional
- North America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- Asia Pacific
- China
- India
- Japan
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- North America
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Reasons to Purchase this Report:
– Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
– Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
– Market value USD Million and volume Units Million data for each segment and sub-segment
– Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
Table of Contents
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Commercial Kitchen Appliances Market, By Product
7.1. Commercial Kitchen Appliances Market, by Product, 2021-2030
7.1.1. Refrigerator
7.1.1.1. Market Revenue and Forecast (2017-2030)
7.1.2. Cooking Appliance
7.1.2.1. Market Revenue and Forecast (2017-2030)
7.1.3. Dishwasher
7.1.3.1. Market Revenue and Forecast (2017-2030)
7.1.4. Polar/Spherical
7.1.4.1. Market Revenue and Forecast (2017-2030)
7.1.5. Other Specialized Appliance
7.1.5.1. Market Revenue and Forecast (2017-2030)
Chapter 8. Global Commercial Kitchen Appliances Market, By End-use
8.1. Commercial Kitchen Appliances Market, by End-use, 2021-2030
8.1.1. Quick Service Restaurants (QSRs)
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Full Service Restaurants (FSRs)
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. Resorts & Hotels
8.1.3.1. Market Revenue and Forecast (2017-2030)
8.1.4. Institutional Canteens
8.1.4.1. Market Revenue and Forecast (2017-2030)
8.1.5. Hospitals
8.1.5.1. Market Revenue and Forecast (2017-2030)
8.1.6. Rail, Cruise & Airways Catering
8.1.6.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Commercial Kitchen Appliances Market, Regional Estimates and Trend Forecast
9.1. North America
9.1.1. Market Revenue and Forecast, by Product (2017-2030)
9.1.2. Market Revenue and Forecast, by End-use (2017-2030)
9.1.3. U.S.
9.1.3.1. Market Revenue and Forecast, by Product (2017-2030)
9.1.3.2. Market Revenue and Forecast, by End-use (2017-2030)
9.1.4. Rest of North America
9.1.4.1. Market Revenue and Forecast, by Product (2017-2030)
9.1.4.2. Market Revenue and Forecast, by End-use (2017-2030)
9.2. Europe
9.2.1. Market Revenue and Forecast, by Product (2017-2030)
9.2.2. Market Revenue and Forecast, by End-use (2017-2030)
9.2.3. UK
9.2.3.1. Market Revenue and Forecast, by Product (2017-2030)
9.2.3.2. Market Revenue and Forecast, by End-use (2017-2030)
9.2.4. Germany
9.2.4.1. Market Revenue and Forecast, by Product (2017-2030)
9.2.4.2. Market Revenue and Forecast, by End-use (2017-2030)
9.2.5. France
9.2.5.1. Market Revenue and Forecast, by Product (2017-2030)
9.2.5.2. Market Revenue and Forecast, by End-use (2017-2030)
9.2.6. Rest of Europe
9.2.6.1. Market Revenue and Forecast, by Product (2017-2030)
9.2.6.2. Market Revenue and Forecast, by End-use (2017-2030)
9.3. APAC
9.3.1. Market Revenue and Forecast, by Product (2017-2030)
9.3.2. Market Revenue and Forecast, by End-use (2017-2030)
9.3.3. India
9.3.3.1. Market Revenue and Forecast, by Product (2017-2030)
9.3.3.2. Market Revenue and Forecast, by End-use (2017-2030)
9.3.4. China
9.3.4.1. Market Revenue and Forecast, by Product (2017-2030)
9.3.4.2. Market Revenue and Forecast, by End-use (2017-2030)
9.3.5. Japan
9.3.5.1. Market Revenue and Forecast, by Product (2017-2030)
9.3.5.2. Market Revenue and Forecast, by End-use (2017-2030)
9.3.6. Rest of APAC
9.3.6.1. Market Revenue and Forecast, by Product (2017-2030)
9.3.6.2. Market Revenue and Forecast, by End-use (2017-2030)
9.4. MEA
9.4.1. Market Revenue and Forecast, by Product (2017-2030)
9.4.2. Market Revenue and Forecast, by End-use (2017-2030)
9.4.3. GCC
9.4.3.1. Market Revenue and Forecast, by Product (2017-2030)
9.4.3.2. Market Revenue and Forecast, by End-use (2017-2030)
9.4.4. North Africa
9.4.4.1. Market Revenue and Forecast, by Product (2017-2030)
9.4.4.2. Market Revenue and Forecast, by End-use (2017-2030)
9.4.5. South Africa
9.4.5.1. Market Revenue and Forecast, by Product (2017-2030)
9.4.5.2. Market Revenue and Forecast, by End-use (2017-2030)
9.4.6. Rest of MEA
9.4.6.1. Market Revenue and Forecast, by Product (2017-2030)
9.4.6.2. Market Revenue and Forecast, by End-use (2017-2030)
9.5. Latin America
9.5.1. Market Revenue and Forecast, by Product (2017-2030)
9.5.2. Market Revenue and Forecast, by End-use (2017-2030)
9.5.3. Brazil
9.5.3.1. Market Revenue and Forecast, by Product (2017-2030)
9.5.3.2. Market Revenue and Forecast, by End-use (2017-2030)
9.5.4. Rest of LATAM
9.5.4.1. Market Revenue and Forecast, by Product (2017-2030)
9.5.4.2. Market Revenue and Forecast, by End-use (2017-2030)
Chapter 10. Company Profiles
10.1. Bakers Pride
10.1.1. Company Overview
10.1.2. Product Offerings
10.1.3. Financial Performance
10.1.4. Recent Initiatives
10.2. G.S. Blodgett Corporation
10.2.1. Company Overview
10.2.2. Product Offerings
10.2.3. Financial Performance
10.2.4. Recent Initiatives
10.3. Garland Group
10.3.1. Company Overview
10.3.2. Product Offerings
10.3.3. Financial Performance
10.3.4. Recent Initiatives
10.4. Vulcan
10.4.1. Company Overview
10.4.2. Product Offerings
10.4.3. Financial Performance
10.4.4. Recent Initiatives
10.5. Bonnet International
10.5.1. Company Overview
10.5.2. Product Offerings
10.5.3. Financial Performance
10.5.4. Recent Initiatives
10.6. Ali Group
10.6.1. Company Overview
10.6.2. Product Offerings
10.6.3. Financial Performance
10.6.4. Recent Initiatives
10.7. True Manufacturing
10.7.1. Company Overview
10.7.2. Product Offerings
10.7.3. Financial Performance
10.7.4. Recent Initiatives
Chapter 11. Research Methodology
11.1. Primary Research
11.2. Secondary Research
11.3. Assumptions
Chapter 12. Appendix
12.1. About Us
12.2. Glossary of Terms
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