Global Food Service Equipment Market Grows Steadily at a CAGR of 6.85%

Introduction

The global food service equipment market is experiencing robust growth, largely fueled by rising demand from the HoReCa sector (hotels, restaurants, and catering). This trend is supported by rapid urbanization, higher disposable incomes, and evolving consumer dining preferences. The proliferation of quick-service restaurants and food delivery services has further intensified the need for efficient, high-performance kitchen appliances.

Increased consumer focus on food hygiene and safety, along with stringent government regulations, is prompting operators to invest in modern, easy-to-maintain, and energy-efficient equipment. The surging emphasis on sustainability is also driving the adoption of ENERGY STAR-certified appliances that help reduce both energy costs and environmental impact.

Furthermore, the expansion of cloud kitchens and the steady recovery of the hospitality industry post-COVID-19 are opening new growth avenues for equipment manufacturers. Together, these factors are significantly boosting the global demand for technologically advanced, reliable, and regulation-compliant food service equipment.

Market Dynamics

Globalization of food chains drives the global market

The continued globalization of foodservice brands is fueling strong demand for commercial kitchen equipment. As fast food, casual dining, and café chains grow their presence in international markets, the need for scalable, standardized, and high-efficiency equipment becomes critical to ensure consistent operations. While these global brands adapt their menus to suit local tastes, they still rely on streamlined and technologically advanced kitchen systems.

• For example, Chipotle Mexican Grill recently announced its entry into the Mexican market, its country of origin, with plans to open locations in 2026 through a partnership with Alsea, the operator of Starbucks and Domino’s in Latin America. This follows Chipotle’s earlier expansion into the Middle East, including Kuwait and the UAE.

Such developments highlight the growing demand for kitchen equipment that is both locally adaptable and globally compatible. Similarly, as brands like Wendy’s, Shake Shack, and Tim Hortons continue expanding across Asia, Africa, and the Middle East, the global commercial kitchen equipment market is poised for significant growth.

Automation & robotics create tremendous opportunities

Automation and robotics are transforming the global foodservice industry by tackling major challenges such as labor shortages, increasing operational costs, and the demand for quicker service. Systems designed for automated cooking, cleaning, and food preparation not only boost efficiency but also maintain high standards of food quality and hygiene.

• A notable example is Miso Robotics' launch of its upgraded Flippy Fry Station in January 2025. This new model features a 50% smaller footprint, doubles the frying speed, and can be installed 75% faster, integrating seamlessly into existing kitchen setups overnight. After initial testing at White Castle in late 2024, broader deployments are expected at Jack in the Box and other quick-service restaurant (QSR) chains in early 2025.

These advancements underscore the accelerating adoption of smart kitchen automation, empowering foodservice providers to streamline operations, minimize reliance on human labor, and consistently meet customer expectations in fast-paced settings.

 

Regional Analysis

The Asia Pacific region holds a dominant position in the global market due to rapid urbanization, rising disposable incomes, and the flourishing hospitality sector. Countries like China, India, Japan, and Australia are witnessing a surge in the number of quick-service restaurants (QSRs) and cloud kitchens. For instance, India’s Rebel Foods expanded its cloud kitchen network across Southeast Asia in 2024, driving demand for compact, modular kitchen equipment.

Additionally, the growing café culture in urban China and the increasing popularity of Korean and Japanese cuisines across Southeast Asia have further spurred equipment adoption. Governments in countries like Singapore and South Korea are also encouraging energy-efficient and smart kitchen technologies that align with sustainability goals. The Asia Pacific foodservice market is also supported by a booming tourism industry, which fuels investment in hotels and catering services, ultimately increasing demand for modern kitchen solutions.

Key Highlights

• The global food service equipment market size was valued at USD 38.34 billion in 2024 and is projected to grow from USD 40.97 billion in 2025 to reach USD 69.60 billion by 2033, growing at a CAGR of 6.85% during the forecast period (2025–2033).
• By product, the global food service equipment market is segmented into kitchen purpose equipment, refrigeration equipment, ware washing equipment, food holding and storing equipment, and others. The kitchen purpose equipment segment dominated the market.
• By end user, the market is categorized into full-service restaurants and hotels, quick-service restaurants and pubs, catering, and others. The full-service restaurants and hotels segment held a dominant market share.
• By distribution channel, the market is divided into online and offline. The offline segment contributed the largest market share of the global market.
• Asia-Pacific is the highest shareholder in the global market.

Competitive Players

1. Welbilt Inc.
2. Illinois Tool Works Inc. (ITW)
3. The Middleby Corporation
4. Ali Group S.r.l.
5. Dover Corporation
6. Hoshizaki Corporation
7. Rational AG
8. Electrolux Professional AB
9. Duke Manufacturing Co.
10. AB Electrolux

Recent Developments

• In April 2025, Unox launched its next-gen CHEFTOP‑X™ combi oven, a fully voice-enabled, AI-integrated cooking solution. It includes features like "HEY.Unox" voice controls and AI-powered ingredient recognition via optional OPTIC. Cooking, and AIR.Tornado air-fry capabilities. The oven also leverages a “Data Driven Cooking 2.0” system for multi-dish cooking and SMART.Energy™ management for energy and CO₂ efficiency.

Segmentation

1. By Product
   1. Kitchen Purpose Equipment
      1. Cooking Equipment
      2. Grills
      3. Fryers
      4. Ovens
      5. Toasters
      6. Others
   2. Food & Beverage Preparation Equipment
      1. Slicers & Peelers
      2. Mixers & Grinders
      3. Blenders
      4. Juicers
      5. Ice Crushers
      6. Others
   3. Refrigeration Equipment
   4. Ware Washing Equipment
   5. Food Holding & Storing Equipment
   6. Others
2. By End User
   1. Full-service Restaurants & Hotels
   2. Quick-service Restaurants & Pubs
   3. Catering
   4. Others
3. By Distribution Channel
   1. Online
   2. Offline