Commercial Cooking Equipment Market to Grow with a CAGR of 5.46% through 2029

The global commercial cooking equipment market is growing rapidly, driven by growing demand from the foodservice industry and increased adoption of smart cooking technology are key market trends.

According to TechSci Research report, “Commercial Cooking Equipment Market - Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029F”, the Global Commercial Cooking Equipment Market stood at USD 11.91 billion in 2023 and is anticipated to grow with a CAGR 5.46% through 2029. 

Stringent health and safety regulations are a crucial driver in the global commercial cooking equipment market. Governments and regulatory bodies worldwide have established guidelines and standards for the foodservice industry to ensure the safety and well-being of both consumers and foodservice workers. Compliance with these regulations is mandatory for businesses operating in the foodservice sector. This driver influences the design and production of commercial cooking equipment, as manufacturers must develop products that meet or exceed these standards. For example, there are specific requirements regarding temperature control, fire safety, ventilation, and sanitation in commercial kitchens. This has led to the development of equipment that incorporates safety features, such as automatic fire suppression systems, exhaust hoods, and temperature monitoring devices, to prevent accidents and maintain food quality. Regulatory compliance is particularly significant in areas like food preparation, storage, and handling. Commercial cooking equipment plays a vital role in adhering to these standards, ensuring food safety and quality. As regulations evolve and become more stringent, the market for compliant cooking equipment continues to grow, as businesses prioritize safety and compliance to protect their customers and reputation.

The shortage of skilled kitchen staff and chefs is a significant challenge in the foodservice industry, impacting the operation and maintenance of commercial cooking equipment. Commercial kitchens require experienced and well-trained personnel to operate cooking equipment effectively, maintain it, and ensure food safety and quality. The COVID-19 pandemic exacerbated this challenge, with many experienced kitchen staff leaving the industry due to safety concerns, reduced business, or career changes. The ongoing labor shortage can lead to underutilized or improperly maintained cooking equipment, resulting in reduced operational efficiency and higher maintenance costs. The attracting and retaining skilled personnel in the foodservice industry is difficult due to long working hours, physically demanding tasks, and competitive wage demands. As a result, businesses often rely on entry-level and unskilled workers to operate cooking equipment, which can lead to higher error rates and safety risks. To address this challenge, the industry needs to focus on training and education programs to develop a skilled workforce that can effectively manage and maintain commercial cooking equipment. Manufacturers can also play a role by designing user-friendly equipment that reduces the skill requirements for operation and maintenance.

Browse over XX market data Figures spread through XX Pages and an in-depth TOC on "Global Commercial Cooking Equipment Market.” 

The global commercial cooking equipment market is segmented into type, end use, regional distribution, and company.

Based on end use, Full-service restaurants assert dominated in the global Commercial Cooking Equipment Market, standing as the primary driving force behind its growth and evolution. These establishments, known for offering comprehensive dining experiences with table service, represent a significant segment of the foodservice industry worldwide. As hubs of culinary innovation and gastronomic diversity, full-service restaurants rely heavily on commercial cooking equipment to meet the demands of their diverse menus and customer preferences. From grills and fryers to ovens and ranges, these establishments require a wide array of cooking appliances to ensure efficient food preparation and consistent quality. Moreover, the continuous evolution of consumer tastes and dining trends fuels the demand for innovative cooking equipment solutions tailored to the unique needs of full-service restaurants. Consequently, this segment continues to dominate the Commercial Cooking Equipment Market, driving innovation and shaping industry standards.

Major companies operating in Global Commercial Cooking Equipment Market are:

• Middleby Corporation
• Illinois Tool Works Inc.
• Alto-Shaam, Inc.
• Duke Manufacturing Co. Inc
• Ali Group S.r.l.
• AB Electrolux 
• Dover Corporation
• Henny Penny Corporation
• Comstock-Castle Stove Co., Inc
• Atosa USA, Inc

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“The commercial kitchen industry is increasingly prioritizing multi-functional and space-efficient cooking equipment, driven by the need to optimize kitchen space, cut energy and maintenance costs, and broaden menu options. In response, manufacturers are developing equipment that consolidates multiple cooking functions into a single unit. For example, combination ovens, or combi-ovens, offer capabilities such as baking, roasting, steaming, and smoking within one appliance, thereby saving space and enhancing operational efficiency. Additionally, compact and space-efficient equipment is becoming more popular, particularly in smaller or mobile kitchens like food trucks and pop-up restaurants. These appliances are designed to deliver the performance of larger equipment while fitting into constrained spaces”, said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

“Commercial Cooking Equipment Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Braising Pans/Tilting Skillets, Broilers/Char Broilers/Grills/Griddles, Cook-Chill Systems, Fryers, Cookers, Ranges, Kettles, Steamers, Ovens, Others), By End Use (Full-service Restaurants, Quick-Service Restaurants, Catering, Hotels, Others), By Region & Competition, 2019-2029F”, has evaluated the future growth potential of global Commercial Cooking Equipment market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Commercial Cooking Equipment Market.

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