Commercial Kitchen Appliances Market – Global Industry Analysis and Forecast 2021-2027

Commercial Kitchen Appliances Market size was valued at US$ 83.69 Bn in 2020 and the total revenue is expected to grow at 6.7 % through 2020 to 2027, reaching nearly US$ 131.77 Bn.Global Commercial Kitchen Appliances MarketTo know about the Research Methodology :- Request Free Sample Report The global Commercial Kitchen Appliances market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global Commercial Kitchen Appliances report also provides trends by market segments, technology, and investment with a competitive landscape.

Overview of Commercial Kitchen Appliances:

Commercial kitchen appliances are used in restaurants, hotels, and clubs for cooking, cleaning, and storage. Restaurants are becoming more popular among customers as a result of changing lifestyles, an increase in the working population, and a growing demand for going out. The introduction of smart kitchen equipment/appliances is projected to have a positive impact on market growth. Smart technology can monitor the performance of kitchen equipment and improve the consistency of food preparation. Refrigerators, ovens, cooking utensils, and culinary utensils used in commercial settings are examples of commercial kitchen appliances.

Commercial Kitchen Appliances Market Dynamics:

Because of the growth of the travel and tourism industry, as well as the increased popularity of Quick Service Restaurants (QSRs) among millennials, the market is expected to increase significantly soon. Other reasons boosting the market for commercial kitchen equipment include rising demand for drive-through meals, fast-paced life in metros and cosmopolitan cities, an increase in the number of working women and nuclear families, and an increase in individual disposable money. In addition, the growing hotel business, rising food safety concerns, and a growing preference for fast-service restaurants over full-service restaurants are all factors that are anticipated to drive market growth. In addition, technological improvements in the foodservice industry, such as the development of new and improved goods as well as energy-efficient and cost-effective commercial kitchen equipment, are projected to provide significant market growth potential in the upcoming years.

Smart Digital Technologies:

Smart commercial kitchen equipment is built with advanced connectivity capabilities and sensors that connect to portable devices like smartphones and tablets, as well as other household gadgets. By providing remote control and monitoring, a smart combi-oven adds another layer of technology to the appliance. Because users only need one type of oven for most baking, they can save space and money. End-use businesses are increasingly adopting commercial kitchen equipment that incorporates digital transformation technologies like the Internet of Things (IoT) and Artificial Intelligence (AI), which allow them to provide continuous service to their clients.

Commercial Kitchen Appliances Market Segmentation:

Depending upon the product, the commercial kitchen appliances market is segmented into a refrigerator, cooking appliance, dishwasher, and other specialized appliance. The cooking appliance segment is further sub-segmented into cooktop and cooking range, oven, and other cooking appliance. The refrigerator sector had the highest revenue share of nearly XX % in 2019 and is predicted to grow significantly during the projected period. Due to the increasing requirement for food preservation as a result of changing climatic circumstances, end users are considering deploying refrigerators with cutting-edge technologies. Due to the rising demand for combination ovens and induction cooktops and cooking ranges, the cooking appliance category is expected to grow at a CAGR of XX% over the forecast period. The induction cooking range includes an induction cooktop and a convection oven with convection technology for equal heat distribution and fast cooking.

Advanced Technologies:

• Microblock & Zeolite Technology - The refrigerator's food preservation factor is excellent because of Microblock technology, which prevents up to 99 % bacterial growth, and Zeolite technology, which inhibits excessive ripening. • Radial metal cooling - Its 3D airflow circulates cold air uniformly in a circular manner, thanks to a scientifically built air tower, strategically located vents, and air boosters. Because the cold air does not directly contact the food, moisture loss is reduced and the food stays fresher for longer.

Global Commercial Kitchen Appliances Market Regional Insights:

North America had the highest revenue share of almost XX % in 2019. The region's growing number of restaurants, hotels, and food businesses is expected to help the industry develop. Furthermore, the market for commercial kitchen appliances is being driven by the increasing use of various types of kitchen appliances in business spaces, as well as the early acceptance of technologically advanced equipment. Furthermore, North America's macroeconomic situation is improving, which is supporting the regional demand for commercial kitchen appliances. In North America, the food-service business is focusing on automated technology-enabled equipment. To be competitive in the industry, commercial cooking equipment manufacturers are producing IoT (Internet of Things) infused new equipment and combining new features. Engaged stakeholders in the commercial cooking equipment sector are likely to untap new opportunities developing in the connected commercial equipment market as a result of unique breakthroughs in the field of connected equipment. In addition, the growing number of food trucks and fast-food restaurants in this region is fueling the market growth. Diverse eating habits, the rising popularity of different cuisines, and a multi-cultural environment are all contributing to market growth in North America.

Recent Launch:

• In August 2020, with the advent of iCombi Pro, RATIONAL, the market leader with a 60 % share of the North American combi oven market, sets the bar on kitchen equipment intelligence, power, efficiency, and flexibility. Compared to the previous model, the iCombi Pro provides industrial kitchens with increased productivity, faster cooking times, and lower energy consumption while maintaining remarkable uniformity of results. • Time and energy-optimized cooking for high-production kitchens are one of the new, market-leading capabilities. The iCombi Pro shows which dishes can be cooked together and which items should be prepared as rapidly as possible, in the most energy-efficient manner, or in certain order. Over the forecast period, MEA is expected to have the highest CAGR of XX %. With the increase in tourists, fast food restaurants in this region are diversifying their menus by offering a varied selection of cuisine items from local culture as well as from other regions of the world. Furthermore, the ferry, cruise, and canteen menus are adapting to other local customs and ethnic dishes from many nations, which is expected to increase demand for commercial kitchen equipment in the region. The objective of the report is to present a comprehensive analysis of the Global Commercial Kitchen Appliances Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. Porter, svor, pestel analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Global Commercial Kitchen Appliances Market dynamics, structure by analyzing the market segments and project the global Commercial Kitchen Appliances market size. Clear representation of competitive analysis of key players By Product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Commercial Kitchen Appliances Market make the report investor’s guide.

Commercial Kitchen Appliances Market Scope: Inquire before buying

Global Commercial Kitchen Appliances Market
Report Coverage Details
Base Year: 2020 Forecast Period: 2021-2027
Historical Data: 2016 to 2020 Market Size in 2020: US $ 83.69 Bn.
Forecast Period 2021 to 2027 CAGR: 6.7 % Market Size in 2027: US $ 131.77 Bn.
Segments Covered: by Product • Single-Phase Commercial Kitchen Appliances • Three-Phase Commercial Kitchen Appliances
by Type • Commercial • Industrial • Residential • Others

Global Commercial Kitchen Appliances Market, by Region

• North America • Europe • Asia Pacific • Middle East & Africa • South America

Global Commercial Kitchen Appliances Market Key Players

• Bakers Pride • G.S. Blodgett Corporation • Garland Group • Vulcan • Bonnet International • Ali Group • True Manufacturing • AB Electrolux • Carrier Corporation • Meiko International • Falcon Professional Kitchen L.L.C. • Duke Manufacturing Company • Monnit Corporation • American Range • Hamilton Beach Commercial • Interlevin Refrigeration Ltd. • Universal Steel Industries Pte Ltd. • Other Key Players
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Commercial Kitchen Appliances Market Size, by Market Value (US$ Bn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2021 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Commercial Kitchen Appliances Market 3.4. Geographical Snapshot of the Commercial Kitchen Appliances Market, By Manufacturer share 4. Global Commercial Kitchen Appliances Market Overview, 2021-2027 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Commercial Kitchen Appliances Market 5. Supply Side and Demand Side Indicators 6. Global Commercial Kitchen Appliances Market Analysis and Forecast, 2021-2027 6.1. Global Commercial Kitchen Appliances Market Size & Y-o-Y Growth Analysis. 7. Global Commercial Kitchen Appliances Market Analysis and Forecasts, 2021-2027 7.1. Market Size (Value) Estimates & Forecast By Product, 2021-2027 7.1.1. Single-Phase Commercial Kitchen Appliances 7.1.2. Three-Phase Commercial Kitchen Appliances 7.2. Market Size (Value) Estimates & Forecast By End-Use, 2021-2027 7.2.1. Commercial 7.2.2. Industrial 7.2.3. Residential 7.2.4. Others 8. Global Commercial Kitchen Appliances Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2021-2027 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Commercial Kitchen Appliances Market Analysis and Forecasts, 2021-2027 9.1. Market Size (Value) Estimates & Forecast By Product, 2021-2027 9.1.1. Single-Phase Commercial Kitchen Appliances 9.1.2. Three-Phase Commercial Kitchen Appliances 9.2. Market Size (Value) Estimates & Forecast By End-Use, 2021-2027 9.2.1. Commercial 9.2.2. Industrial 9.2.3. Residential 9.2.4. Others 10. North America Commercial Kitchen Appliances Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2021-2027 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Commercial Kitchen Appliances Market Analysis and Forecasts, 2021-2027 11.1. Market Size (Value) Estimates & Forecast By Product, 2021-2027 11.2. Market Size (Value) Estimates & Forecast By End-Use, 2021-2027 12. Canada Commercial Kitchen Appliances Market Analysis and Forecasts, 2021-2027 12.1. Market Size (Value) Estimates & Forecast By Product, 2021-2027 12.2. Market Size (Value) Estimates & Forecast By End-Use, 2021-2027 13. Mexico Commercial Kitchen Appliances Market Analysis and Forecasts, 2021-2027 13.1. Market Size (Value) Estimates & Forecast By Product, 2021-2027 13.2. Market Size (Value) Estimates & Forecast By End-Use, 2021-2027 14. Europe Commercial Kitchen Appliances Market Analysis and Forecasts, 2021-2027 14.1. Market Size (Value) Estimates & Forecast By Product, 2021-2027 14.2. Market Size (Value) Estimates & Forecast By End-Use, 2021-2027 15. Europe Commercial Kitchen Appliances Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2021-2027 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Commercial Kitchen Appliances Market Analysis and Forecasts, 2021-2027 16.1. Market Size (Value) Estimates & Forecast By Product, 2021-2027 16.2. Market Size (Value) Estimates & Forecast By End-Use, 2021-2027 17. France Commercial Kitchen Appliances Market Analysis and Forecasts, 2021-2027 17.1. Market Size (Value) Estimates & Forecast By Product, 2021-2027 17.2. Market Size (Value) Estimates & Forecast By End-Use, 2021-2027 18. Germany Commercial Kitchen Appliances Market Analysis and Forecasts, 2021-2027 18.1. Market Size (Value) Estimates & Forecast By Product, 2021-2027 18.2. Market Size (Value) Estimates & Forecast By End-Use, 2021-2027 19. Italy Commercial Kitchen Appliances Market Analysis and Forecasts, 2021-2027 19.1. Market Size (Value) Estimates & Forecast By Product, 2021-2027 19.2. Market Size (Value) Estimates & Forecast By End-Use, 2021-2027 20. Spain Commercial Kitchen Appliances Market Analysis and Forecasts, 2021-2027 20.1. Market Size (Value) Estimates & Forecast By Product, 2021-2027 20.2. Market Size (Value) Estimates & Forecast By End-Use, 2021-2027 21. Sweden Commercial Kitchen Appliances Market Analysis and Forecasts, 2021-2027 21.1. Market Size (Value) Estimates & Forecast By Product, 2021-2027 21.2. Market Size (Value) Estimates & Forecast By End-Use, 2021-2027 22. CIS Countries Commercial Kitchen Appliances Market Analysis and Forecasts, 2021-2027 22.1. Market Size (Value) Estimates & Forecast By Product, 2021-2027 22.2. Market Size (Value) Estimates & Forecast By End-Use, 2021-2027 23. Rest of Europe Commercial Kitchen Appliances Market Analysis and Forecasts, 2021-2027 23.1. Market Size (Value) Estimates & Forecast By Product, 2021-2027 23.2. Market Size (Value) Estimates & Forecast By End-Use, 2021-2027 24. Asia Pacific Commercial Kitchen Appliances Market Analysis and Forecasts, 2021-2027 24.1. Market Size (Value) Estimates & Forecast By Product, 2021-2027 24.2. Market Size (Value) Estimates & Forecast By End-Use, 2021-2027 25. Asia Pacific Commercial Kitchen Appliances Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2021-2027 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Commercial Kitchen Appliances Market Analysis and Forecasts, 2021-2027 26.1. Market Size (Value) Estimates & Forecast By Product, 2021-2027 26.2. Market Size (Value) Estimates & Forecast By End-Use, 2021-2027 27. India Commercial Kitchen Appliances Market Analysis and Forecasts, 2021-2027 27.1. Market Size (Value) Estimates & Forecast By Product, 2021-2027 27.2. Market Size (Value) Estimates & Forecast By End-Use, 2021-2027 28. Japan Commercial Kitchen Appliances Market Analysis and Forecasts, 2021-2027 28.1. Market Size (Value) Estimates & Forecast By Product, 2021-2027 28.2. Market Size (Value) Estimates & Forecast By End-Use, 2021-2027 29. South Korea Commercial Kitchen Appliances Market Analysis and Forecasts, 2021-2027 29.1. Market Size (Value) Estimates & Forecast By Product, 2021-2027 29.2. Market Size (Value) Estimates & Forecast By End-Use, 2021-2027 30. Australia Commercial Kitchen Appliances Market Analysis and Forecasts, 2021-2027 30.1. Market Size (Value) Estimates & Forecast By Product, 2021-2027 30.2. Market Size (Value) Estimates & Forecast By End-Use, 2021-2027 31. ASEAN Commercial Kitchen Appliances Market Analysis and Forecasts, 2021-2027 31.1. Market Size (Value) Estimates & Forecast By Product, 2021-2027 31.2. Market Size (Value) Estimates & Forecast By End-Use, 2021-2027 32. Rest of Asia Pacific Commercial Kitchen Appliances Market Analysis and Forecasts, 2021-2027 32.1. Market Size (Value) Estimates & Forecast By Product, 2021-2027 32.2. Market Size (Value) Estimates & Forecast By End-Use, 2021-2027 33. Middle East Africa Commercial Kitchen Appliances Market Analysis and Forecasts, 2021-2027 33.1. Market Size (Value) Estimates & Forecast By Product, 2021-2027 33.2. Market Size (Value) Estimates & Forecast By End-Use, 2021-2027 34. Middle East Africa Commercial Kitchen Appliances Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2021-2027 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Commercial Kitchen Appliances Market Analysis and Forecasts, 2021-2027 35.1. Market Size (Value) Estimates & Forecast By Product, 2021-2027 35.2. Market Size (Value) Estimates & Forecast By End-Use, 2021-2027 36. GCC Countries Commercial Kitchen Appliances Market Analysis and Forecasts, 2021-2027 36.1. Market Size (Value) Estimates & Forecast By Product, 2021-2027 36.2. Market Size (Value) Estimates & Forecast By End-Use, 2021-2027 37. Egypt Commercial Kitchen Appliances Market Analysis and Forecasts, 2021-2027 37.1. Market Size (Value) Estimates & Forecast By Product, 2021-2027 37.2. Market Size (Value) Estimates & Forecast By End-Use, 2021-2027 38. Nigeria Commercial Kitchen Appliances Market Analysis and Forecasts, 2021-2027 38.1. Market Size (Value) Estimates & Forecast By Product, 2021-2027 38.2. Market Size (Value) Estimates & Forecast By End-Use, 2021-2027 39. Rest of ME&A Commercial Kitchen Appliances Market Analysis and Forecasts, 2021-2027 39.1. Market Size (Value) Estimates & Forecast By Product, 2021-2027 39.2. Market Size (Value) Estimates & Forecast By End-Use, 2021-2027 40. South America Commercial Kitchen Appliances Market Analysis and Forecasts, 2021-2027 40.1. Market Size (Value) Estimates & Forecast By Product, 2021-2027 40.2. Market Size (Value) Estimates & Forecast By End-Use, 2021-2027 41. South America Commercial Kitchen Appliances Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2021-2027 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Commercial Kitchen Appliances Market Analysis and Forecasts, 2021-2027 42.1. Market Size (Value) Estimates & Forecast By Product, 2021-2027 42.2. Market Size (Value) Estimates & Forecast By End-Use, 2021-2027 43. Argentina Commercial Kitchen Appliances Market Analysis and Forecasts, 2021-2027 43.1. Market Size (Value) Estimates & Forecast By Product, 2021-2027 43.2. Market Size (Value) Estimates & Forecast By End-Use, 2021-2027 44. Rest of South America Commercial Kitchen Appliances Market Analysis and Forecasts, 2021-2027 44.1. Market Size (Value) Estimates & Forecast By Product, 2021-2027 44.2. Market Size (Value) Estimates & Forecast By End-Use, 2021-2027 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Commercial Kitchen Appliances Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. Ali Group 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. Bakers Pride 45.3.3. G.S. Blodgett Corporation 45.3.4. Garland Group 45.3.5. Vulcan 45.3.6. Bonnet International 45.3.7. True Manufacturing 45.3.8. AB Electrolux 45.3.9. Carrier Corporation 45.3.10. Meiko International 45.3.11. Falcon Professional Kitchen L.L.C. 45.3.12. Duke Manufacturing Company 45.3.13. Monnit Corporation 45.3.14. American Range 45.3.15. Hamilton Beach Commercial 45.3.16. Interlevin Refrigeration Ltd. 45.3.17. Universal Steel Industries Pte Ltd. 45.3.18. Other Key Players 46. Primary Key Insights

About This Report

Report ID 103639
Category Electronics
Published Date May 2021
Updated Date JAN 2022
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