Commercial Kitchen Equipment Industry Size, Manufacturing cost, Top Key Players Forecast 2025
Commercial Kitchen Equipment Market is anticipated to reach USD 112.47 billion by 2025. Commercial cooking equipment are an important part of food processing & service industry. This equipment is commonly used in hotels, restaurants, and the other commercial kitchens for ease in food preparation
Commercial Kitchen Equipment Market is anticipated to reach USD 112.47 billion by 2025. Commercial cooking equipment are an important part of food processing & service industry. This equipment is commonly used in hotels, restaurants, and the other commercial kitchens for ease in food preparation
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<strong>Commercial</strong> <strong>Kitchen</strong> <strong>Equipment</strong> <strong>Industry</strong> <strong>Size</strong>, <strong>Manufacturing</strong><br />
<strong>cost</strong>, <strong>Top</strong> <strong>Key</strong> <strong>Players</strong> <strong>Forecast</strong> <strong>2025</strong><br />
“<strong>Commercial</strong> <strong>Kitchen</strong> <strong>Equipment</strong> Market is anticipated to reach USD 112.47<br />
billion by <strong>2025</strong>. <strong>Commercial</strong> cooking equipment are an important part of food<br />
processing & service industry. This equipment is commonly used in hotels,<br />
restaurants, and the other commercial kitchens for ease in food preparation.”<br />
<strong>Commercial</strong> <strong>Kitchen</strong> <strong>Equipment</strong> Market is anticipated to reach USD 112.47 billion by <strong>2025</strong>. <strong>Commercial</strong> cooking<br />
equipment are an important part of food processing & service industry. This equipment is commonly used in<br />
hotels, restaurants, and the other commercial kitchens for ease in food preparation, and reduction in labor &<br />
operational <strong>cost</strong>. and rising concerns regarding food safety will boost the commercial kitchen equipment<br />
industry growth in the years to come. Increase in disposable income is bound to boost the market growth. On<br />
the other hand, there are factors that may hamper the growth of the commercial kitchen appliances market<br />
such as volatile prices of raw material, and high <strong>cost</strong> of initial investment in with regards to the production plant.<br />
The market is anticipated to grow at a significant CAGR in the upcoming period as the scope, product types, and<br />
its applications are increasing across the globe. <strong>Commercial</strong> kitchen equipment industry may be explored by<br />
type, end user, and geography. The market may be explored by type as Char Broilers/Broilers/Griddles/Grills,<br />
Braising Pans/Tilting Skillets, Cook-chill Systems, Steamers, Fryers, Ovens, Ranges, Cookers, Kettles, and Others.<br />
The “Cookers” segment dominated the commercial kitchen equipment market in 2016 and is anticipated to<br />
maintain its dominance by <strong>2025</strong> owing to utilization of cookers by several catering companies, end-users, hotels,<br />
and restaurants. <strong>Commercial</strong> kitchen appliances industry may be explored by end user as Fast Food Chain (FFC),<br />
Café & Bar, QSR, Railway Dining, Institutional Canteen, Ferry & Cruise, Resort & Hotel, Hospital, FSR, and Others.<br />
The “QSR” segment dominated the market in 2016 and is anticipated to maintain its dominance by <strong>2025</strong>. The<br />
QSR segment is anticipated to grow at the highest CAGR of 7.5% over the forthcoming period.<br />
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North America accounted for the major share of the commercial kitchen equipment market size in 2016 and will<br />
continue to lead in the forecast period. The factors that could be attributed to the growth include surge in the<br />
number of fast food outlets due to hectic & busy lifestyle, rise in eating out expenditure, and increase in the<br />
number of working women. North America is followed by Europe and Asia-Pacific.<br />
Some of the key players that fuel the growth of the commercial kitchen equipment industry comprise Hamilton<br />
Beach, Hobart, Carrier Corporation, Middle by Corporation Company, True <strong>Manufacturing</strong>, The Vollrath<br />
Company, LLC, and AIHO Corporation. The leading companies are taking up partnerships, mergers and<br />
acquisitions, and joint ventures in order to boost the inorganic growth of the industry.<br />
Browse Full Research Report @<br />
https://www.millioninsights.com/industry-reports/commercial-kitchen-equipment-market<br />
Market Segment:<br />
<strong>Commercial</strong> <strong>Kitchen</strong> Appliances Product Outlook (Revenue, USD Million; 2014 - <strong>2025</strong>)<br />
• Refrigerator<br />
• Cooking Appliance<br />
• Cooktop & Cooking Range<br />
• Induction<br />
• Gas & Electric<br />
• Oven<br />
• Convection<br />
• Microwave<br />
• Combination<br />
• Rice Cooker<br />
• Dishwasher<br />
• Others<br />
<strong>Commercial</strong> <strong>Kitchen</strong> <strong>Equipment</strong> Product Outlook by End-Use (Revenue, USD Million; 2014 - <strong>2025</strong>)<br />
• QSR<br />
• Fast Food Chain (FFC)<br />
• Café & Bar<br />
• Railway Dining<br />
• Ferry & Cruise<br />
• Institutional Canteen<br />
• Resort & Hotel<br />
• Hospital
• FSR<br />
• Others<br />
<strong>Commercial</strong> <strong>Kitchen</strong> Appliances Regional Outlook (Revenue, USD Million; 2014 - <strong>2025</strong>)<br />
• North America<br />
• Europe<br />
• Asia Pacific<br />
• Rest of the World (RoW)<br />
See More Reports of this Category by Million Insights @<br />
https://www.millioninsights.com/industry/consumer-goods<br />
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