Global Commercial Steamer Market Overview:
As per MRFR analysis, the Commercial Steamer Market Size was estimated at 6.67 (USD Billion) in 2022. The Commercial Steamer Market Industry is expected to grow from 6.83(USD Billion) in 2023 to 8.5 (USD Billion) by 2032. The Commercial Steamer Market CAGR (growth rate) is expected to be around 2.46% during the forecast period (2024 - 2032).
Key Commercial Steamer Market Trends Highlighted
The commercial steamer market exhibits notable trends shaping its growth trajectory. Evolving consumer preferences for healthy and convenient dining experiences are driving the demand for food-steaming appliances in commercial establishments. The increasing popularity of ethnic cuisines and the growing awareness of the health benefits of steamed foods are further fueling market expansion. Technological advancements are leading to the development of innovative steamers with enhanced features, such as programmable cooking cycles and energy-efficient designs.
The integration of smart technology, enabling remote monitoring and control of steamers, is also gaining traction. The adoption of cloud-based platforms for data analytics and equipment management is expected to create new opportunities for market players. Additionally, the growing emphasis on sustainability and reducing carbon footprints is driving the development of eco-friendly steamers that minimize energy consumption and emissions.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Commercial Steamer Market Drivers
Rising Demand for Convenience and Efficiency in Food Preparation
The rising preference for ready foods due to busy lifestyles and growing inclination towards convenient methods for cooking food are the major drivers in the functioning of the Commercial Steamer Market Industry. As a fast and easy method of preparing large amounts of food, steamers have become very popular among commercial customers and are widely used in busy kitchens.
In addition, steaming food is a healthier method compared to other techniques, such as grilling or frying, that require using fat or grease. Since they are popular for health reasons, commercial steamers are ideal for health-conscious consumers visiting restaurants that cook in a healthier way. Moreover, this product is cost-effective as its cleaning and maintenance is fairly easy.
Growing Adoption of Steaming Technology in Food Processing and Manufacturing
The increasing adoption of steaming technology in food processing and manufacturing is another key factor driving the growth of the Commercial Steamer Market Industry. Steaming is a gentle cooking method that preserves the nutrients and flavor of food, making it an ideal choice for processing delicate foods such as fruits, vegetables, and seafood. In addition, steaming can be used to cook a wide variety of foods, including meat, poultry, and pasta. This makes it a versatile option for food processors and manufacturers who are looking to produce a variety of products.
Expansion of the Food and Beverage Industry
The expansion of the food and beverage industry is also enhancing the growth of the Commercial Steamer Market Industry. The growing population and rise in the disposable income of individuals increases the demand for food and beverages.
The food and beverage service providing firms such as restaurants, coffee shops, and other firms are increasing which, in turn, increases the demand for commercial steamers.
Commercial Steamer Market Segment Insights:
Commercial Steamer Market Capacity Insights
The Commercial Steamer Market by capacity can be divided based on a number of factors. As it stands, the primary ones are “Less than 20 liters”, “20-50 liters”, “50-100 liters”, “100-200 liters”, and “Over 200 liters.” Of these, the fastest-growing segment is likely to be the “Less than 20 liters” one. This is because the smaller products are cheaper, can be more readily moved if necessary, and will be more often used by small businesses. The segment is expected to form a significant part of the overall Commercial Steamer Market revenue, and it will grow steadily from 2023 to 2032.
The “20-50 liters” segment is another one of the most significant in the Commercial Steamer Market. It is one of the largest and fastest-growing due to the higher degree of demand for the products in this range from the owners of large cafeterias, hotels, and restaurants. The demand will be constant over the forecast period, and it will cover a significant part of the total market share. The “50-100 liters” segment, while smaller, will follow a similar trajectory due to the increased demand for the specialized product types from relatively large low- and mid-range foodservice businesses.
The “100-200 liters” segment will also experience some growth over the period, as large-capacity products are in demand at large industrial kitchens and other large businesses. These steamers form a significant part of the total market due to the demand for such products among a variety of producing establishments. Meanwhile, the “Over 200 liters” segment will have a relatively modest growth rate. This will happen because of the limited size and cost of the product; however, it will also continue to expand due to the need to support food production businesses that handle enormous amounts of food.
The Commercial Steamer Market will continue to grow as the need for more efficient meals in food service businesses drives increased demand for the products to make them. Growing interest in steamed foods driven by health concerns will also contribute to the continued growth of the market. Finally, innovations in the energy efficiency of such products will also promote their growth. The Commercial Steamer Market is split between many existing and new competitors vying for market share. The results will largely be determined by the ease of production and the ability to form strategic partnerships or develop new products and maintain sustainability.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Commercial Steamer Market Type of Steamer Insights
The Commercial Steamer Market Segmentation by Type of Steamer into Countertop, Free-standing, and Built-in offers valuable insights into the market dynamics. Countertop steamers, with their compact size and affordability, held a significant market share in 2023. Their ease of use and portability make them a preferred choice for small businesses and food trucks.
Free-standing steamers, known for their larger capacity and advanced features, are expected to witness steady growth over the forecast period, driven by increasing demand from restaurants and catering services. Built-in steamers, while representing a smaller segment, are gaining popularity due to their space-saving design and integration with commercial kitchens. The Commercial Steamer Market revenue from the Type of Steamer segment is projected to reach $7.2 billion by 2032, expanding at a CAGR of 2.7%.
Commercial Steamer Market Application Insights
The Commercial Steamer Market is segmented based on application into Restaurants, Hotels, Hospitals, Universities, and Corporate cafeterias. Among these, Restaurants held the largest share of the market in 2023, accounting for over 40% of the Commercial Steamer Market revenue. The high demand for commercial steamers in restaurants can be attributed to the increasing popularity of eating out and the need for efficient cooking equipment. Hotels are another major application segment, with a significant share of the Commercial Steamer Market.
The growing number of hotels and the increasing demand for convenient and efficient cooking solutions are driving the growth of this segment. Hospitals are also a key application segment for commercial steamers, as they require reliable and efficient cooking equipment to meet the needs of patients and staff. Universities and corporate cafeterias are also expected to contribute to the growth of the Commercial Steamer Market as they seek to provide convenient and healthy food options to students and employees, respectively.
Commercial Steamer Market Power Source Insights
The Commercial Steamer Market is segmented by Power Source into Electric, Gas, and Dual-fuel. Among these segments, Electric steamers held the largest market share in 2023, and is expected to maintain its dominance throughout the forecast period. The growth of the electric steamer segment can be attributed to increasing demand for energy-efficient and environmentally friendly appliances. Gas steamers are expected to witness a steady growth rate during the forecast period due to their lower operating costs compared to electric steamers.
The dual-fuel steamers segment is expected to grow at a moderate pace, as they offer the flexibility of using both gas and electricity, making them suitable for a variety of applications. The Commercial Steamer Market revenue for Electric, Gas, and Dual-fuel segments is expected to reach USD 3.24 Billion, USD 2.78 Billion, and USD 1.02 Billion respectively by 2027, exhibiting a CAGR of 2.74%, 2.39%, and 3.11% during the forecast period.
Commercial Steamer Market Pressure Setting Insights
The Commercial Steamer Market segmentation by pressure setting reveals distinct market dynamics. Low-pressure steamers, operating between 15-20 psi, account for a significant portion of the market, catering to applications where gentle steaming is required. Medium-pressure steamers, with a range of 20-30 psi, offer a balance between power and energy efficiency, making them suitable for a wider range of cooking tasks. High-pressure steamers exceeding 30 psi provide intense heat for rapid cooking and sterilization, often used in commercial kitchens and food processing facilities.
The Commercial Steamer Market revenue is expected to grow steadily in the coming years, with increasing demand for efficient and versatile cooking equipment in the food service equipment industry. Market data suggests that the segmentation by pressure setting plays a crucial role in meeting the diverse needs of commercial kitchens, driving the overall growth of the industry.
Commercial Steamer Market Regional Insights
North America held the largest share in the Commercial Steamer Market, accounting for over 38% of the total revenue in 2023. The region's market growth is attributed to the presence of a large and well-established food service industry, which drives demand for commercial steamers for cooking and reheating food.
The market in Europe is also significant, with a strong demand for commercial steamers in the hospitality and catering sectors. The Asia-Pacific region is projected to witness the fastest growth during the forecast period, owing to the growing food service industry and increasing demand for convenience foods. South America and the Middle East and Africa (MEA) regions also offer growth opportunities for the commercial steamer market, as the demand for prepared foods and the expansion of the hospitality industry continues to drive market growth.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Commercial Steamer Market Key Players And Competitive Insights:
Major players in the Commercial Steamer Market industry are constantly striving to gain a competitive edge by introducing innovative products and technologies. Leading Commercial Steamer Market players are focusing on expanding their global footprint and establishing strategic partnerships to increase their market share. The Commercial Steamer Market industry is highly competitive, with numerous players vying for market dominance. Some of the key competitive strategies adopted by leading players include product differentiation, technological advancements, cost optimization, and strategic acquisitions. The Commercial Steamer Market competitive landscape is expected to undergo significant changes in the coming years due to the rising demand for efficient and reliable commercial steamers from various industries.
A leading company in the Commercial Steamer Market is Rational AG, a German manufacturer of professional cooking equipment. Rational AG offers a wide range of commercial steamers, including combi-steamers, combi-ovens, and self-cooking centers. The company's products are known for their high quality, reliability, and efficiency. Rational AG has a strong global presence and a well-established distribution network. The company invests heavily in research and development, which has resulted in the introduction of innovative products and technologies. Rational AG is committed to providing its customers with the best possible cooking solutions.
A competitor in the Commercial Steamer Market is Electrolux Professional, a Swedish manufacturer of professional kitchen equipment. Electrolux Professional offers a wide range of commercial steamers, including combi-steamers, combi-ovens, and steam cookers. The company's products are known for their durability, performance, and ease of use. Electrolux Professional has a strong global presence and a well-established distribution network. The company is committed to providing its customers with innovative and efficient cooking solutions. Electrolux Professional invests heavily in research and development, which has resulted in the introduction of new products and technologies.
Key Companies in the Commercial Steamer Market Include:
Commercial Steamer Market Industry Developments
The Commercial Steamer Market is projected to grow from USD 6.83 billion in 2023 to USD 8.5 billion by 2032 at a CAGR of 2.46%. This growth is attributed to the increasing demand for convenient and efficient cooking appliances in commercial kitchens. The rising popularity of healthy eating habits and the growing number of food service establishments are also contributing to the market growth.
Recent news developments in the market include the launch of new energy-efficient models by major manufacturers and the growing adoption of smart steamers that offer remote monitoring and control capabilities. Key players in the market are focusing on expanding their product portfolios and investing in research and development to meet the evolving needs of customers.
Commercial Steamer Market Segmentation Insights
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Commercial Steamer Market Capacity Outlook
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Less than 20 liters
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20-50 liters
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50-100 liters
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100-200 liters
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Over 200 liters
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Commercial Steamer Market Type of Steamer Outlook
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Countertop
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Free-standing
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Built-in
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Commercial Steamer Market Application Outlook
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Restaurants
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Hotels
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Hospitals
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Universities
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Corporate cafeterias
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Commercial Steamer Market Power Source Outlook
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Commercial Steamer Market Pressure Setting Outlook
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Commercial Steamer Market Regional Outlook
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North America
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Europe
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South America
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Asia Pacific
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Middle East and Africa
Report Attribute/Metric |
Details |
Market Size 2022 |
6.67(USD Billion) |
Market Size 2023 |
6.83(USD Billion) |
Market Size 2032 |
8.5(USD Billion) |
Compound Annual Growth Rate (CAGR) |
2.46% (2024 - 2032) |
Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Base Year |
2023 |
Market Forecast Period |
2024 - 2032 |
Historical Data |
2019 - 2023 |
Market Forecast Units |
USD Billion |
Key Companies Profiled |
Waring Commercial, Wells, Cambro, Hatco, Avantco, Star Manufacturing International, Hobart, Garland, Southbend, Blodgett, Vollrath, Duke Manufacturing, Nemco Food Equipment, Cleveland Range, Rational |
Segments Covered |
Capacity, Type of Steamer, Application, Power Source, Pressure Setting, Regional |
Key Market Opportunities |
1 Growing demand from the foodservice industry2 Increasing health consciousness among consumers3 Government regulations promoting healthy cooking practices4 Advancements in technology and product innovation |
Key Market Dynamics |
Increasing demand for convenience foods rising disposable income growing urbanization technological advancements expanding healthcare sector |
Countries Covered |
North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The Commercial Steamer Market is estimated to be valued at USD 6.83 billion in 2023 and is projected to grow at a CAGR of 2.46% to reach USD 8.5 billion by 2032.
North America held the largest market share in 2023 and is expected to continue its dominance throughout the forecast period.
Full-size steamers and countertop steamers are the most widely used types of commercial steamers, accounting for a significant share of the market.
Some of the prominent players in the commercial steamer market include Electrolux, Rational, Welbilt, Henny Penny, and Manitowoc.
The growing demand for processed and convenience foods, as well as the increasing adoption of commercial steamers in restaurants, hotels, and other food service establishments, are key drivers of market growth.
Stringent government regulations and rising energy costs pose challenges to the growth of the commercial steamer market.
Advancements in technology, such as the introduction of energy-efficient models and smart steamers, are key trends shaping the market.
The Commercial Steamer Market is projected to grow at a CAGR of 2.46% from 2024 to 2032.
Asia-Pacific is expected to experience the highest growth due to the region's rapidly expanding hospitality and food service industries.
Opportunities for growth in the commercial steamer market lie in the development of innovative products, expansion into emerging markets, and collaborations with food service operators.