Commercial Kitchen Appliances Market Size, Share & Trends Report

Commercial Kitchen Appliances Market Size, Share & Trends Analysis By Product (Refrigerator; Cooking Appliance; Dishwasher, Others), Product By End-use, By Region, And Segment Forecasts, 2018 - 2025

  • Published Date: Oct, 2017
  • Base Year for Estimate: 2015
  • Report ID: GVR-1-68038-664-6
  • Format: Electronic (PDF)
  • Historical Data: 2014 - 2015
  • Number of Pages: 265

Industry Insights

The global commercial kitchen appliances market size was estimated at USD 69.82 billion in 2016. Factors such as expanding tourism and the development of railways, growing popularity of Quick Service Restaurants (QSRs) among the youth, and increased working population worldwide have been major factors driving the growth of the commercial kitchen appliances market.

North America commercial kitchen equipment market

Kitchen equipment included in the scope of the report comprise refrigerators, cooking appliances such as cooktop & cooking ranges and ovens, dishwashers, and other small appliances such as mixers, juicers, food processors, waffle makers, deep fryers, and coffee & tea vending machines. The prominent end-use segments included in the report are QSR, railway dining, ferry & cruise, institutional canteen, resort & hotel, hospital, and Full-Service Restaurants (FSR). The growth in QSRs, FSRs, and the hospitality business has majorly impacted the demand for commercial appliances globally.

Product Insights

International Fast Food Chain (FFCs) and café outlets are exploring opportunities beyond the U.S. and expanding to other attractive destinations. This trend is anticipated to increase the demand for commercial kitchen equipment globally over the forecast period. Although the U.S. remains one of the most attractive locations for brand building, a few brands that have been present in the U.S. for a long time are reaching their saturation point. Utilizing their economies of scale and go-to-market strategy, it is profitable for these brands to expand globally. For instance, with more than 14,000 outlets in the U.S., brands such as McDonald’s have immense scope to expand in the semi-urban regions of developing countries.A multi-cultural environment, varied traditional cuisines, and different eating habits of people are the biggest growth drivers of the demand for commercial kitchen appliances. Foreign QSR chains are adapting to local tastes, whereas, the Asian restaurants are incorporating multiple cuisines, such as Italian, Mexican, and intercontinental cuisines, owing to the growing number of customers experimenting with new food and developing a taste for different cuisines. There is an immense scope for QSR chains offering regional/cultural cuisines to expand globally, which in turn is anticipated to boost the demand for commercial kitchen appliances market.

In 2016, the refrigerator segment accounted for over 45% of the total commercial kitchen equipment revenue share and is expected to witness substantial growth over the forecast period. The cooking appliance segment is anticipated to grow at an estimated CAGR of around 6%, which may be chiefly attributed to the increased demand for combination ovens and induction cooktops and cooking ranges.

Combination ovens are very popular for commercial use as they can be used in the convection, microwave, and grill modes depending on the needs of different cuisines and preparations. These appliances save time by performing multiple operations of baking, grilling, or being used for reheating food. The multi-functionality of the combination oven makes it superior to the convection and the microwave oven.

The market for induction cooktops and cooking ranges is comparatively new as compared to the gas and electric cooktops and ranges. Induction cooktops and cooking ranges are available in drop-in, tabletop, and floor standing units. Induction is the most efficient form of cooking as the heat is generated in the pan itself; thus, minimizing wastage of energy. The cooktop stays cool, which makes it safe for use. However, as the utensil itself generates heat, it needs to have a high iron content. Only vessels made of cast iron or stainless-steel that is rich in iron content can be used for induction cooking. This requirement of using a specific cookware can be a limitation for induction cooking.

An induction cooking range comprises an induction cooktop with a convection oven. The convection technology distributes the heat evenly for faster cooking. With growing fuel and electricity prices along with greater awareness about the conservation of energy, the demand for induction cooktops and ranges is projected to boost the growth of the cooking equipment market.

End-Use Insights

A cross-sectional analysis of the cooktops and cooking ranges by the end-use segments depicts that the QSR segment accounted for the highest revenue share in 2016. The segment is also projected to grow at the highest CAGR of around 7.5% over the forecast period. Global QSR brands are expected to expand with casual dining brand outlets entering new geographies.

International brands use their own flavors as well as the local flavors and ingredients of the region in their cuisine to attract consumers.

Brands such as Dunkin' Brands Group, Inc., and McDonald’s adopt a country-specific strategy to localize menus based on the tastes and preferences of consumers. The rising trend of international and local QSR outlets and the opening of new QSR brands is projected to positively impact the commercial cooking appliances market over the forecast period. Casual dining cafe and bar businesses are anticipated to witness robust growth owing to the growing number of students and working singles, rising levels of disposable income, increasing number of nuclear families, and the growing preference of young population to dine out.

The QSR segment is projected to be the highest user of induction cooktops and cooking ranges followed by the railway dining segment. The use of induction cooktops and cooking ranges is anticipated to grow at the highest CAGR over the forecast period. Across Asian countries, the demand for modes of transport such as the ferry & cruise and railways is much higher than the supply. The transport system is overburdened by excess demand, and hence there is a massive need to develop the transportation infrastructure of the region. With countries including China, India, and Japan increasing the number of trains each year, the railway dining segment and the associated kitchen equipment industry is projected to grow at a fast rate.

Asia Pacific commercial oven market

The QSR segment is also projected to be the highest user of combination ovens. Use of combination ovens in the QSR segment is projected to grow at a CAGR of a little over 9% throughout the forecast period. The cruise segment in the North American and the European regions are expected to witness consistent growth over the next eight years. The market for ferry & cruise is gaining significance for transportation and tourism purposes. To meet the growing demand, there has been a steady increase in the supply of ferries and cruises and an improvement in their services and infrastructure. New itineraries and destinations are being added to ferry & cruise services. The continuous increase in their capacity and growing orders has resulted in growing demand for kitchen devices in the ferry & cruise end-use segment.

Regional Insights

In 2016, the North American region accounted for the highest revenue share of over 35% in the commercial kitchen equipment market. The Asia Pacific region is projected to grow at the highest CAGR of around 6% over the forecast period. The regional food service industry is driven by menu innovation and concept refinement to attract customers. Building loyalty and getting repeat business, especially through social media, is estimated to be a significant trend driving the growth of the end-use segments globally.

The QSR segment is poised for high growth in the Asia Pacific region over the forecast period. Asia represents one of the fastest-growing food & beverage service industries and has witnessed robust development in the past. On a yearly basis, the Gross Value Added (GVA) to the Gross Domestic Product (GDP) by QSRs and FSRs has grown rapidly. These factors indicate a rising demand for kitchen equipment in the restaurant business segment.

In 2016, the Average Selling Price (ASP) of induction as well as gas and electric cooktops and ranges was observed to be the highest in the North American region as compared to the European and Asian countries. This may primarily be attributed to the wide range of products demanded in the U.S.

Competitive Insights

Bakers Pride, G.S. Blodgett Corporation, Garland Group, and Vulcan are some of the prominent commercial cooking appliance manufacturers in the North American region. Similarly, Blue Seal, Bonnet International, and Falcon Professional Kitchen L.L.C. constitute a significant share of the European regional market.

True Manufacturing, Carrier Corporation, and Foster Refrigerator are some of the key refrigerator manufacturers in the North American region. Similarly, Fukushima Industries Corp., Hoshizaki Corporation, Universal Steel Industries Pte Ltd., and Alto-Shaam Asia are major players in the Asia Pacific region. The Vollrath Company, LLC, Hamilton Beach Commercial, and Hobart International (S) Pte Ltd. are the key global manufacturer of small kitchen appliances.

Report Scope



Base year for estimation


Actual estimates/Historical data

2014 - 2015

Forecast period

2017 - 2025

Market representation

Revenue in USD Million & CAGR from 2017 to 2025

Regional scope

North America, Europe, Asia Pacific, Rest of the World (RoW)

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

15% free customization scope (equivalent to 5 analyst working days)

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Segments Covered in the Report

This report forecasts revenue growth at the global and regional levels and provides an analysis of the industry trends in each of the sub-markets from 2014 to 2025. For the purpose of this report, Grand View Research has segmented the commercial kitchen appliances/ equipment market by product and by end-use (also includes a cross-sectional analysis for product by end-use).

  • Product Outlook (Revenue, USD Million; 2014 - 2025)

    • Refrigerator

    • Cooking Appliance

      • Cooktop & Cooking Range

        • Induction

        • Gas & Electric

      • Oven

        • Convection

        • Microwave

        • Combination

      • Rice Cooker

    • Dishwasher

    • Others

  • Product Outlook By End-use (Revenue, USD Million; 2014 - 2025)

    • Quick Service Restaurant (QSR)

      • Fast Food Chain (FFC)

      • Café & Bar

    • Railway Dining

    • Ferry & Cruise

    • Institutional Canteen

    • Resort & Hotel

    • Hospital

    • Full Service Restaurant (FSR)

    • Others

  • Regional Outlook (Revenue, USD Million; 2014 - 2025)

    • North America

    • Europe

    • Asia Pacific

    • Rest of the World (RoW)

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