PUBLISHER: Polaris Market Research | PRODUCT CODE: 1605927
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1605927
The commercial kitchen appliances market size is expected to reach USD 219.75 billion by 2034, according to a new study by Polaris Market Research. The report "Commercial Kitchen Appliances Market Size, Share, Trends, Industry Analysis Report: By Product (Dishwasher, Refrigerator, Oven, and Cooking Appliances), End Use, and Region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa) - Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Commercial kitchen appliances are designed for high-volume cooking and are commonly utilized in restaurants, educational institutions, and similar settings. These appliances encompass a variety of equipment, such as ovens, chillers, fryers, cooktops, dishwashers, and more. The expansion of the restaurant and food service industry is a significant driver for the growth of the commercial kitchen market. Additionally, the increasing demand for cookware in educational institutions, driven by expanded training programs and school facilities, is contributing to the market's expansion.
The incorporation of advanced technology into culinary equipment has given rise to the emergence of sophisticated smart kitchens. These kitchens are equipped with automated features that optimize efficiency and reduce cooking time. As a result, the widespread uptake of smart kitchens is playing a major role in driving market expansion.
The increasing urbanization and evolution of individual lifestyles are playing a significant role in driving market expansion. Moreover, changes in lifestyle influence eating habits, with food preferences varying across different age groups. This creates opportunities for diverse, multicultural food establishments and hotels. Additionally, the rising number of working women opting for instant and ready-to-eat meals has led to an increase in food manufacturers. These manufacturers are utilizing commercial refrigerators and chillers for food storage, thereby driving market growth.
Cooking appliances dominated the market in 2024 due to the increasing number of food service businesses.
By end use analysis, quick service restaurants (QSR) are driving the market in 2024 due to increasing demand for home deliveries and drive-through businesses.
The commercial kitchen appliances market in North America is experiencing significant growth due to the increasing number of fast food joints. In addition, the food service businesses are investing in advanced commercial cooking appliances is boosting market growth.
The key market players are Norris Industries Ptv Ltd; Whirlpool Corporation; Hamilton Beach Commercial; Carrier; Hoshizaki Corporation; American Range; Tefcold A/S; Fagor Professional; Miele; Alto-Shaam Inc.; Electrolux; Gardiff Catering; Vollrath Company, LLC; RM Kitchen Equipment Pvt. Ltd.; Hoshizaki Inc.; and Cambro.
Polaris Market Research has segmented the commercial kitchen appliances Market report based on product, end use, and region: