×
Request Free Sample ×

Kindly complete the form below to receive a free sample of this Report

* Please use a valid business email

Leading companies partner with us for data-driven Insights

clients tt-cursor
Hero Background

Food Service Equipment Market

ID: MRFR/Equip/2503-HCR
100 Pages
Snehal Singh
October 2025

Food Service Equipment Market Size, Share & Growth Analysis Report By Product (Cooking Equipment, Storage & Handling Equipment, Ware Washing Equipment, Food Holding & Serving Equipment, and Others), By Application (Full-Service Restaurants, Quick Service Restaurants, Caterers, Hotels & Clubs, and Others), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) – Market Forecast Till 2035

Share:
Download PDF ×

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

Food Service Equipment Market Infographic
×
Food Service Equipment Market Infographic Full View
Purchase Options

Food Service Equipment Market Summary

As per MRFR analysis, the Food Service Equipment Market was estimated at 39260.2 USD Million in 2024. The Food Service Equipment industry is projected to grow from 41191.9 USD Million in 2025 to 66589.33 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 4.92 during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The Food Service Equipment Market is experiencing a dynamic shift towards sustainability and technological integration.

  • The North American region remains the largest market for food service equipment, driven by a robust restaurant sector.
  • In the Asia-Pacific region, the market is expanding rapidly, fueled by increasing urbanization and changing consumer preferences.
  • Cooking equipment continues to dominate the market, while dishwashing equipment is emerging as the fastest-growing segment.
  • Rising demand for convenience foods and the expansion of food delivery services are key drivers propelling market growth.

Market Size & Forecast

2024 Market Size 39260.2 (USD Million)
2035 Market Size 66589.33 (USD Million)
CAGR (2025 - 2035) 4.92%

Major Players

Ali Group (IT), Middleby Corporation (US), Welbilt Inc. (US), ITW (US), Hoshizaki Corporation (JP), Electrolux Professional (SE), Duke Manufacturing Co. (US), Manitowoc Foodservice (US), Fagor Industrial (ES)

Food Service Equipment Market Trends

The Food Service Equipment Market is currently experiencing a dynamic evolution, driven by various factors that influence consumer preferences and operational efficiencies. As establishments increasingly prioritize sustainability, there is a noticeable shift towards energy-efficient appliances and eco-friendly materials. This trend not only aligns with global environmental goals but also caters to a growing consumer base that values responsible practices. Additionally, technological advancements are reshaping the landscape, with smart equipment gaining traction. These innovations enhance operational efficiency, streamline processes, and improve overall service quality, thereby appealing to a diverse range of food service operators. Moreover, the Food Service Equipment Market is witnessing a rise in demand for versatile and multifunctional equipment. Operators are seeking solutions that can adapt to changing menu offerings and customer preferences, which suggests a potential shift towards modular systems. This adaptability may allow businesses to optimize their space and resources, ultimately leading to improved profitability. As the market continues to evolve, it appears that the integration of technology, sustainability, and versatility will play pivotal roles in shaping future developments within the industry.

Sustainability Focus

The emphasis on sustainability is becoming increasingly pronounced within the Food Service Equipment Market. Operators are actively seeking equipment that minimizes environmental impact, such as energy-efficient appliances and materials that are recyclable or biodegradable. This trend reflects a broader societal shift towards eco-conscious practices, as consumers increasingly favor businesses that demonstrate a commitment to sustainability.

Technological Integration

The integration of advanced technology is transforming the Food Service Equipment Market. Smart appliances equipped with IoT capabilities are gaining popularity, allowing for enhanced monitoring and control of operations. This technological shift not only improves efficiency but also provides valuable data insights, enabling operators to make informed decisions and optimize their service delivery.

Versatile Equipment Solutions

There is a growing demand for versatile equipment solutions within the Food Service Equipment Market. Operators are looking for multifunctional appliances that can accommodate diverse menu items and adapt to changing consumer preferences. This trend suggests a potential move towards modular systems that offer flexibility and efficiency, allowing businesses to maximize their operational capabilities.

Food Service Equipment Market Drivers

Growth of the Hospitality Sector

The expansion of the hospitality sector significantly influences the Food Service Equipment Market. As tourism and travel continue to rebound, hotels, restaurants, and catering services are investing in modern equipment to meet the rising expectations of consumers. This growth is reflected in the projected market value of 66.5 USD Billion by 2035, indicating a robust demand for high-quality food service solutions. The hospitality industry's focus on enhancing guest experiences drives the need for innovative commercial kitchen equipment, cooking, and serving equipment. Consequently, food service operators are likely to prioritize investments in advanced technologies and commercial kitchen equipment to remain competitive and meet evolving consumer demands.

Rising Demand for Convenience Foods

The Food Service Equipment Market experiences a notable increase in demand for convenience foods, driven by changing consumer lifestyles and preferences. As more individuals seek quick meal solutions, food service establishments are adapting their offerings. This shift necessitates advanced equipment that can efficiently prepare and serve convenience foods. In 2024, the market is projected to reach 39.3 USD Billion, reflecting the growing need for innovative cooking and storage solutions. Additionally, the trend towards ready-to-eat meals is likely to propel the market further, as restaurants and catering services invest in equipment that enhances efficiency and food quality.

Technological Advancements in Equipment

Technological innovations play a pivotal role in shaping the Food Service Equipment Market. The integration of smart technologies, such as IoT-enabled appliances and energy-efficient systems, enhances operational efficiency and reduces energy consumption. For instance, smart ovens and refrigerators allow for remote monitoring and control, which can lead to significant cost savings. As the industry moves towards automation, the demand for advanced food service equipment is expected to rise. This trend aligns with the projected market growth, with estimates suggesting a CAGR of 4.9% from 2025 to 2035, indicating a robust future for technologically advanced food service solutions.

Focus on Sustainability and Energy Efficiency

Sustainability has emerged as a critical driver in the Food Service Equipment Industry. With increasing awareness of environmental issues, food service operators are prioritizing energy-efficient and eco-friendly equipment. This shift not only helps in reducing operational costs but also aligns with consumer preferences for sustainable practices. Equipment manufacturers are responding by developing products that minimize waste management and energy consumption. The market is likely to benefit from this trend, as establishments seek to comply with regulatory standards and enhance their brand image. As a result, the demand for sustainable food service equipment is expected to grow, contributing to the overall market expansion.

Increasing Health Consciousness Among Consumers

Health consciousness among consumers is reshaping the Food Service Equipment Industry. As individuals become more aware of nutrition and dietary preferences, food service establishments are adapting their menus to include healthier options. This trend necessitates the use of specialized equipment for preparing and serving nutritious meals. Operators are increasingly investing in equipment that supports healthy cooking methods, such as steamers and grills, to cater to this demand. The focus on health and wellness is likely to drive market growth, as establishments seek to attract health-conscious consumers and differentiate themselves in a competitive landscape.

Market Segment Insights

By Application: Cooking Equipment (Largest) vs. Dishwashing Equipment (Fastest-Growing)

In the Food Service Equipment Market, the 'Application' segment is characterized by a diverse distribution of market share across various equipment categories. Cooking Equipment holds the largest share due to its essential role in food preparation and cooking processes, with restaurants and foodservice providers relying heavily on these devices to meet customer demands. Refrigeration Equipment also plays a significant role, ensuring food safety and freshness. Meanwhile, Dishwashing Equipment is witnessing considerable growth as establishments strive for efficiency and cleanliness, making it a crucial aspect of operations.

Cooking Equipment (Dominant) vs. Dishwashing Equipment (Emerging)

Cooking Equipment occupies a dominant position in the Food Service Equipment Market, primarily serving the critical needs of food preparation in both commercial kitchens and large-scale foodservice operations. Its widespread adoption is driven by innovations aimed at improving energy efficiency and cooking speed, making it an indispensable asset for chefs and kitchen operators. Conversely, Dishwashing Equipment is emerging rapidly, fueled by the growing emphasis on hygiene and operational efficiency. With advancements in technology, modern dishwashing solutions offer high speed, water conservation, and energy efficiency, helping establishments manage large volumes of dishes efficiently while adhering to stringent health standards.

By End Use: Restaurants (Largest) vs. Catering Services (Fastest-Growing)

In the Food Service Equipment Market, the end use segment showcases a diverse distribution across various categories, with restaurants holding the largest market share. This dominance stems from the substantial demand for sophisticated kitchen and dining solutions as restaurants strive to enhance efficiency and customer experience. Following closely, catering services represent a growing portion of the market as event-based food service needs rise, leading to increased investments in specialized equipment. As consumer behaviors shift towards convenience and quality, the growth trajectory of catering services is especially notable. This segment is poised for dynamic expansion, driven by trends such as the rise of off-premise dining and personalized catering experiences. Food trucks are also emerging as an innovative trend, tapping into the demand for diverse culinary offerings and unique dining experiences, further contributing to the overall growth of the Food Service Equipment Market.

Restaurants: Dominant vs. Food Trucks: Emerging

In the competitive landscape of the Food Service Equipment Market, restaurants stand out as the dominant player due to their historical significance and continuous evolution. They require advanced cooking and serving equipment to cater to high customer volumes while maintaining quality. Features such as durability, efficiency, and multi-functionality are prioritized. On the other hand, food trucks have emerged as a distinctive segment, appealing to a niche market that values mobile dining experiences and diverse menu options. Their growth is propelled by urbanization and consumer preferences for convenient and unique eating solutions. As a result, while restaurants continue to lead, food trucks are rapidly gaining traction, showcasing innovation and flexibility to diversify food offerings.

By Product Type: Commercial Ovens (Largest) vs. Fryers (Fastest-Growing)

In the Food Service Equipment Market, Commercial Ovens are the largest segment, dominating the market share due to their essential role in a variety of culinary applications. These ovens are preferred for their versatility and efficiency, making them a staple in many commercial kitchens. On the other hand, Fryers, though smaller in market share compared to ovens, have been rapidly gaining traction and are recognized as the fastest-growing segment, reflecting a rising trend in fried food popularity and innovative cooking techniques.

Commercial Ovens (Dominant) vs. Fryers (Emerging)

Commercial Ovens represent the dominant force in the Food Service Equipment Market, offering a range of types including convection, combi, and deck ovens that cater to different cooking needs. Their versatility allows them to be utilized for baking, roasting, and more, suited for diverse cuisines. In contrast, Fryers, while emerging, have captured significant attention for their ability to produce high-quality, crispy foods quickly. As consumer preferences shift toward fried foods, manufacturers are focusing on innovation, introducing energy-efficient and easy-to-use fryer models that are becoming increasingly popular among restaurateurs. Thus, both segments are critical, with ovens established firmly in the market and fryers rapidly evolving to meet new trends.

Get more detailed insights about Food Service Equipment Market

Regional Insights

North America : Market Leader in Food Service

North America continues to lead the Food Service Equipment Market, holding a significant share of 19600.0. The growth is driven by increasing consumer demand for dining experiences and the expansion of food service establishments. Regulatory support for food safety and energy efficiency standards further catalyzes market growth, encouraging innovation and investment in advanced equipment. The United States is the primary contributor, with major players like Middleby Corporation and Welbilt Inc. leading the competitive landscape. The presence of established brands and a robust distribution network enhances market penetration. Additionally, the trend towards automation and smart kitchen solutions is reshaping the industry, positioning North America as a hub for technological advancements in food service equipment.

Europe : Emerging Trends in Equipment

Europe's Food Service Equipment Market is valued at 10500.0, reflecting a steady growth trajectory. The region benefits from a diverse culinary landscape and increasing consumer preferences for quality dining experiences. Regulatory frameworks promoting sustainability and energy efficiency are pivotal in shaping market dynamics, driving demand for innovative and eco-friendly equipment. Leading countries like Germany, France, and the UK are at the forefront, with key players such as Electrolux Professional and Hoshizaki Corporation enhancing competition. The market is characterized by a mix of established brands and emerging startups, fostering innovation. As the food service sector evolves, the focus on health and safety regulations continues to influence equipment design and functionality.

Asia-Pacific : Rapid Growth and Innovation

The Asia-Pacific region, with a market size of 8000.0, is witnessing rapid growth in the Food Service Equipment Market. Factors such as urbanization, rising disposable incomes, and changing consumer lifestyles are driving demand for advanced food service solutions. Regulatory initiatives aimed at improving food safety standards are also contributing to market expansion, encouraging investment in modern equipment. Countries like China, Japan, and India are leading the charge, with a mix of local and international players competing for market share. Companies like Hoshizaki Corporation and Ali Group are well-positioned to capitalize on the growing demand. The competitive landscape is dynamic, with a focus on innovation and technology adoption, particularly in smart kitchen solutions and energy-efficient equipment.

Middle East and Africa : Emerging Market Potential

The Middle East and Africa (MEA) region, with a market size of 1160.2, presents emerging opportunities in the Food Service Equipment Market. The growth is fueled by increasing urbanization, a burgeoning hospitality sector, and a rising middle class seeking diverse dining options. Regulatory frameworks are gradually evolving to support food safety and quality standards, which is essential for market growth. Countries like the UAE and South Africa are leading the market, with a mix of local and international players enhancing competition. The presence of key players such as Fagor Industrial and Duke Manufacturing Co. is notable. As the region continues to develop, the focus on modernizing food service operations and enhancing customer experiences will drive demand for innovative equipment solutions.

Food Service Equipment Market Regional Image

Key Players and Competitive Insights

The Food Service Equipment Market is currently characterized by a dynamic competitive landscape, driven by innovation, sustainability, and technological advancements. Key players such as Ali Group (IT), Middleby Corporation (US), and Welbilt Inc. (US) are actively shaping the market through strategic initiatives. Ali Group (IT) focuses on expanding its product portfolio and enhancing operational efficiencies, while Middleby Corporation (US) emphasizes digital transformation and automation in its offerings. Welbilt Inc. (US) is also investing in sustainable practices, which appears to resonate well with current consumer preferences. Collectively, these strategies contribute to a competitive environment that is increasingly focused on meeting evolving customer demands and regulatory standards.

In terms of business tactics, companies are localizing manufacturing to reduce lead times and optimize supply chains. The market structure is moderately fragmented, with several players vying for market share. This fragmentation allows for a diverse range of products and services, but it also intensifies competition among key players. The collective influence of these companies is significant, as they continuously adapt to market trends and consumer preferences, thereby shaping the overall competitive dynamics.

In November 2025, Middleby Corporation (US) announced the launch of a new line of energy-efficient cooking equipment designed to reduce energy consumption by up to 30%. This strategic move not only aligns with the growing emphasis on sustainability but also positions Middleby as a leader in energy-efficient solutions within the Food Service Equipment Market. The introduction of such innovative products is likely to enhance their competitive edge and attract environmentally conscious customers.

In October 2025, Welbilt Inc. (US) entered into a partnership with a leading technology firm to integrate AI-driven analytics into its kitchen equipment. This collaboration aims to optimize kitchen operations and improve food quality, which could significantly enhance customer satisfaction. By leveraging AI technology, Welbilt is poised to differentiate itself in a crowded market, potentially leading to increased market share and customer loyalty.

In September 2025, Hoshizaki Corporation (JP) expanded its manufacturing capabilities in Southeast Asia, aiming to meet the rising demand for food service equipment in the region. This strategic expansion not only enhances Hoshizaki's production capacity but also allows for quicker response times to local market needs. Such regional investments are indicative of a broader trend where companies are seeking to localize operations to better serve their customers.

As of December 2025, the Food Service Equipment Market is witnessing trends such as digitalization, sustainability, and AI integration, which are redefining competitive strategies. Strategic alliances are becoming increasingly prevalent, as companies recognize the value of collaboration in enhancing innovation and market reach. Looking ahead, competitive differentiation is likely to evolve from traditional price-based competition to a focus on innovation, technology, and supply chain reliability, reflecting the changing landscape of consumer expectations and regulatory requirements.

Key Companies in the Food Service Equipment Market include

Industry Developments

July 2020: Pump Solutions Group (Pump Solutions Group, acquired by Dover Corporation) launched two integrated rinse pumps, EvoWash and EvoRinse. The equipment is equipped with an optional powder or solid detergent dissolver, making it ideal for food service operations, both commercial and non-commercial.

Sysco, a global foodservice distributor, acquired Edward Don & Company, a leading foodservice equipment and supply supplier, in October 2024. Sysco's expansion beyond food and beverage distribution is noteworthy with this acquisition. Sysco hopes to strengthen its position as a foodservice industry one-stop shop by merging Edward Don's foodservice equipment and supply expertise.

This strategic initiative boosts Sysco's value proposition and shows its commitment to meeting changing customer expectations in a competitive market. Edward Don's decades of industry experience and solid customer base give Sysco additional expansion opportunities. By sharing resources and expertise, the companies may innovate and improve service and value for their global foodservice partners.

To expand its market position, Hoshizaki America announced a targeted sales team expansion in July 2023. To expand its refrigeration product support, the business created three new manufacturers' representative organizations. Hoshizaki is committed to providing high-quality refrigeration systems and excellent service and knowledge to customers in critical markets.

The Gabriel Group now represents Hoshizaki in the Midwest, offering clients in this crucial region localized insights and support. Preferred Source handles Northern Texas, while Elevate Foodservice Group handles the Northeast. This relationship with established and experienced representative groups helps Hoshizaki meet the unique needs of these varied countries, consolidating its commercial refrigeration sector leadership.

The Middleby Corporation acquired Marco Beverage Systems, a Dublin-based firm known for its creative and energy-efficient beverage dispensing solutions, in February 2023. This strategic decision supports Middleby's goal of broadening and improving its product line to satisfy beverage market demands. Marco's sustainable hot, cold, and sparkling water dispensers and cutting-edge cold brew coffee dispensing technology complement Middleby's offering, benefiting customers globally.

Middleby leverages on the expanding demand for premium, energy-efficient beverage systems, especially in sustainable and efficient markets, after the acquisition. Marco's beverage technology innovations boost Middleby's European market reach and global customer solutions. Middleby's commitment to innovation, sustainability, and cutting-edge beverage systems for different consumer preferences is shown by this relationship.

Future Outlook

Food Service Equipment Market Future Outlook

The Food Service Equipment Market is projected to grow at a 4.92% CAGR from 2024 to 2035, driven by technological advancements, increasing consumer demand, and sustainability initiatives.

New opportunities lie in:

  • Integration of smart kitchen technologies for enhanced efficiency.
  • Expansion of eco-friendly equipment lines to meet sustainability goals.
  • Development of modular equipment solutions for flexible food service operations.

By 2035, the market is expected to be robust, reflecting significant advancements and growth.

Market Segmentation

Food Service Equipment Market End Use Outlook

  • Restaurants
  • Cafes
  • Catering Services
  • Institutional Food Services
  • Food Trucks

Food Service Equipment Market Application Outlook

  • Cooking Equipment
  • Refrigeration Equipment
  • Food Preparation Equipment
  • Serving Equipment
  • Dishwashing Equipment

Food Service Equipment Market Product Type Outlook

  • Commercial Ovens
  • Fryers
  • Grills
  • Mixers
  • Food Processors

Report Scope

MARKET SIZE 202439260.2(USD Million)
MARKET SIZE 202541191.9(USD Million)
MARKET SIZE 203566589.33(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR)4.92% (2024 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Million
Key Companies ProfiledAli Group (IT), Middleby Corporation (US), Welbilt Inc. (US), ITW (US), Hoshizaki Corporation (JP), Electrolux Professional (SE), Duke Manufacturing Co. (US), Manitowoc Foodservice (US), Fagor Industrial (ES)
Segments CoveredApplication, End Use, Product Type
Key Market OpportunitiesIntegration of smart technology in Food Service Equipment enhances operational efficiency and customer experience.
Key Market DynamicsTechnological advancements and sustainability trends drive innovation and competition in the Food Service Equipment Market.
Countries CoveredNorth America, Europe, APAC, South America, MEA

Market Highlights

Author
Snehal Singh
Assistant Manager - Research

High acumen in analyzing complex macro & micro markets with more than 6 years of work experience in the field of market research. By implementing her analytical skills in forecasting and estimation into market research reports, she has expertise in Packaging, Construction, and Equipment domains. She handles a team size of 20-25 resources and ensures smooth running of the projects, associated marketing activities, and client servicing.

Leave a Comment

FAQs

How much is the food service equipment market?

The food service equipment market size was valued at USD 37,426.3 million in 2023.

What is the growth rate of the food service equipment market?

The food service equipment market is projected to grow at a CAGR of 4.9% during the forecast period 2024-2032.

Which region held the largest market share in the food service equipment market?

Asia-Pacific had the largest share of the market for food service equipment

Who are the key players in the food service equipment market?

The key players in the market for food service equipment are Meiko (Germany), Duke Manufacturing Co. Inc. (US), Hoshizaki Electric Co. Ltd (Japan), Fujimak Corporation (Japan), Tupperware Hobart Corporation (US), Dover Corporation (US), Brands Corporation (US), Electrolux AB (Sweden), Ali Group Spa (Italy), Manitowoc Company Inc.

Which product led the food service equipment market?

The cooking equipment category dominated the market for food service equipment in 2021.

Which application had the largest market share in the food service equipment market?

The full-service restaurants had the largest share of the market for food service equipment.

Download Free Sample

Kindly complete the form below to receive a free sample of this Report

Compare Licence

×
Features License Type
Single User Multiuser License Enterprise User
Price $4,950 $5,950 $7,250
Maximum User Access Limit 1 User Upto 10 Users Unrestricted Access Throughout the Organization
Free Customization
Direct Access to Analyst
Deliverable Format
Platform Access
Discount on Next Purchase 10% 15% 15%
Printable Versions