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    Restaurant Equipment Market

    ID: MRFR/CO/22225-HCR
    111 Pages
    Snehal Singh
    October 2025

    Restaurant Equipment Market Research Report By Equipment Type (Cooking Equipment, Cooling Equipment, Storage Equipment, Warewashing Equipment, Other Equipment), By Application (Fine Dining Restaurants, Casual Dining Restaurants, Fast Food Restaurants, Hotels, Other Applications), By Restaurant Size (Large Restaurants, Medium Restaurants, Small Restaurants, Very Small Restaurants), By Fuel Source (Electric, Gas, Hybrid) and By Regional (North America, Europe, South America, Asia-Pacific, Middle East and Africa) - Forecast to 2035

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    Summary Table of Contents Segmentation Download PDF

    Restaurant Equipment Market Summary

    The Global Restaurant Equipment Market is projected to grow from 92.89 USD Billion in 2024 to 206.07 USD Billion by 2035.

    Key Market Trends & Highlights

    Restaurant Equipment Key Trends and Highlights

    • The market is expected to experience a compound annual growth rate (CAGR) of 7.51 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 206.0 USD Billion, indicating robust growth potential.
    • in 2024, the market is valued at 92.89 USD Billion, reflecting a strong foundation for future expansion.
    • Growing adoption of advanced cooking technologies due to increasing consumer demand for quality food is a major market driver.

    Market Size & Forecast

    2024 Market Size 92.89 (USD Billion)
    2035 Market Size 206.07 (USD Billion)
    CAGR (2025-2035) 7.51%

    Major Players

    Meiko Maschinenbau GmbH Co. KG, Welbilt, Rational, Electrolux, Hoshizaki, Ali Group, The Middleby Corporation, Officine Star S.p.A., Marro, Antunes, Equinox, Coldewitz, neupara, Fujimaki, Bertosa S.p.A., Hobart

    Restaurant Equipment Market Trends

    The restaurant equipment market is experiencing transformative changes driven by technological advancements and evolving consumer preferences. Key market drivers include the growing demand for automated and energy-efficient equipment, as well as the increasing popularity of online food ordering and delivery services. Emerging opportunities lie in the adoption of smart kitchen technologies, such as IoT-connected appliances and predictive maintenance solutions.

    Recent trends have revealed a shift towards sustainable and eco-friendly equipment, as well as a growing emphasis on health and safety standards. The market is poised for continued growth in the coming years, with innovations in robotics and artificial intelligence set to reshape the landscape further.

    Source Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    The ongoing evolution of consumer preferences towards sustainability and efficiency is reshaping the landscape of the restaurant equipment market, compelling manufacturers to innovate and adapt to these emerging demands.

    U.S. Department of Agriculture

    Restaurant Equipment Market Drivers

    Growing Demand for Food Delivery Services

    The Global Restaurant Equipment Market Industry experiences a notable surge in demand due to the increasing popularity of food delivery services. As consumers increasingly prefer the convenience of dining at home, restaurants are compelled to invest in advanced kitchen equipment to enhance efficiency and food quality. This trend is reflected in the projected market value of 92.9 USD Billion in 2024, with expectations to reach 206.0 USD Billion by 2035. The need for specialized equipment, such as commercial ovens and food packaging machines, appears to be driving this growth, suggesting a significant shift in operational strategies within the restaurant sector.

    Market Segment Insights

    Restaurant Equipment Market Equipment Type Insights

    The Restaurant Equipment Market is segmented by Equipment Type into Cooking Equipment, Cooling Equipment, Storage Equipment, Warewashing Equipment, and Other Equipment. Cooking Equipment is estimated to hold the largest market share of over 40% in 2023 and is projected to maintain its dominance throughout the forecast period. The growth of the Cooking Equipment segment can be attributed to the increasing demand for advanced, energy-efficient cooking appliances that can enhance food preparation efficiency and quality.

    Technological advancements, such as induction cooktops, combi ovens, and smart kitchen appliances, are driving the growth of this segment.Cooling Equipment is another significant segment, accounting for over 25% of the Restaurant Equipment Market revenue in 2023. The rising demand for refrigeration and freezing solutions to preserve food quality and safety is driving the growth of this segment. The adoption of energy-efficient cooling technologies, such as variable speed compressors and natural refrigerants, is expected to further fuel the growth of the Cooling Equipment segment.

    Storage Equipment is also a crucial segment, representing over 20% of the market share in 2023.The growing need for efficient storage solutions to optimize space utilization and maintain food quality is driving the growth of this segment. Innovations in storage equipment, such as automated storage systems and temperature-controlled units, are expected to create new growth opportunities in the upcoming years. Warewashing Equipment, which includes dishwashers, sanitizers, and cleaning systems, is estimated to account for over 10% of the Restaurant Equipment Market in 2023.

    The increasing focus on hygiene and sanitation standards in the food service industry is driving the demand for Warewashing Equipment.The adoption of water-efficient and energy-saving warewashing technologies is expected to support the growth of this segment. Other equipment, which includes a wide range of specialized equipment such as food processors, blenders, and ice machines, held a market share of over 5% in 2023. The growing demand for convenience and efficiency in food preparation is driving the growth of this segment. The increasing popularity of food delivery and takeout services is also contributing to the growth of the Other Equipment segment.

    Source Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Restaurant Equipment Market Application Insights

    The restaurant equipment market is segmented based on application into fine dining restaurants, casual dining restaurants, fast food restaurants, hotels, and other applications. The fine dining restaurants segment is expected to account for the largest share of the market in 2023, owing to the increasing demand for high-quality and sophisticated equipment in fine dining establishments.

    The casual dining restaurants segment is also expected to witness significant growth, driven by the growing popularity of casual dining concepts worldwide.The fast-food restaurants segment is expected to grow at a steady pace, supported by the expansion of fast-food chains and the increasing demand for convenience foods. The hotel segment is also expected to contribute to the growth of the market as hotels increasingly invest in upgrading their kitchen and dining facilities. Other applications, such as hospitals, schools, and corporate cafeterias, are also expected to drive market growth.

    Restaurant Equipment Market Restaurant Size Insights

    Restaurant Size segments the Restaurant Equipment Market into Large Restaurants, Medium Restaurants, Small Restaurants, and Very Small Restaurants. Large Restaurants held the largest market share in 2023 and are expected to continue to dominate the market through 2032. This is due to the increasing number of large restaurants being opened around the world, as well as the growing demand for high-quality restaurant equipment in these establishments.

    Medium Restaurants are expected to be the fastest-growing segment over the next ten years due to the increasing number of mid-sized restaurants being opened in both developed and developing countries.Small Restaurants and Very Small Restaurants are also expected to see steady growth over the next ten years as more and more people start their own small businesses in the food service industry.

    Restaurant Equipment Market Fuel Source Insights

    The Restaurant Equipment Market segmentation by Fuel Source includes Electric, Gas, and Hybrid. The Electric segment held the largest market share in 2023, and it is expected to continue to dominate the market throughout the forecast period. The rising demand for energy-efficient and eco-friendly appliances is driving the growth of the Electric segment. The Gas segment is also expected to witness significant growth due to the increasing use of natural gas in commercial kitchens. The Hybrid segment is expected to gain traction in the coming years as it offers the benefits of both electric and gas appliances.

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    Regional Insights

    Regionally, North America held the largest market share in 2023, accounting for 35.2% of the revenue. Europe stood as the second-largest market, contributing 28.4% to the market. APAC, South America, and MEA are anticipated to witness significant growth over the forecast period due to the increasing number of restaurants and food service establishments.

    Restaurant Equipment Market Regional

    Source Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Key Players and Competitive Insights

    Major players in the Restaurant Equipment Market industry are constantly striving to gain a competitive edge through strategic partnerships, mergers, and acquisitions. Leading Restaurant Equipment Market players are focusing on product innovation and technological advancements to cater to the evolving needs of the hospitality sector. Partnerships with leading restaurant chains and food service providers help establish a strong customer base and secure long-term contracts. The Restaurant Equipment Market landscape is characterized by intense competition, with established players such as Rational, Welbilt, and Electrolux Professional competing for market share.

    These companies have a presence, a wide range of product offerings, and strong distribution networks. They are investing heavily in research and development to stay at the forefront of Restaurant Equipment Market development.Ali Group, a leading player in the Restaurant Equipment Market industry, has a diverse portfolio of brands catering to various segments of the hospitality sector. The company's strength lies in its presence, with manufacturing facilities and sales operations in multiple countries. It focuses on delivering customized solutions, providing comprehensive support, and maintaining strong relationships with customers.

    Ali Group has a strong presence in the luxury hotel and restaurant segment, providing high-end kitchen equipment and solutions tailored to meet the specific needs of discerning clients. The company's commitment to innovation and sustainability has earned it a strong reputation in the industry.Another key competitor in the Restaurant Equipment Market is Middleby Corporation. Known for its innovative and technologically advanced products, Middleby has a strong presence in the commercial food service equipment segment. The company offers a wide range of cooking, baking, and refrigeration solutions designed to enhance efficiency and productivity in professional kitchens.

    Middleby has a footprint, with manufacturing facilities and sales offices in various regions. It emphasizes customer-centricity, providing tailored solutions and comprehensive support to meet the specific requirements of its diverse customer base. The company's focus on research and development, combined with its commitment to quality and sustainability, has positioned it as a trusted partner in the Restaurant Equipment Market.

    Key Companies in the Restaurant Equipment Market market include

    Industry Developments

    • Q2 2024: Middleby Corporation Acquires Icetro America, Inc. Middleby Corporation announced the acquisition of Icetro America, Inc., a manufacturer of ice machines and dispensers, expanding Middleby's portfolio in the commercial foodservice equipment sector.
    • Q2 2024: Welbilt Launches New Multiplex FreshBlender Automated Beverage System Welbilt introduced the Multiplex FreshBlender, an automated beverage system designed for quick-service restaurants, aiming to improve efficiency and consistency in drink preparation.
    • Q3 2024: Hoshizaki America Announces Opening of New Manufacturing Facility in Georgia Hoshizaki America opened a new manufacturing facility in Griffin, Georgia, to increase production capacity for commercial refrigeration and ice machine products.
    • Q1 2024: Ali Group Completes Acquisition of The Montague Company Ali Group finalized its acquisition of The Montague Company, a leading manufacturer of commercial cooking equipment, strengthening its position in the North American market.
    • Q2 2024: Vulcan Launches New Energy-Efficient Electric Fryer Line Vulcan, a commercial kitchen equipment brand, launched a new line of energy-efficient electric fryers designed to help restaurants reduce energy consumption and operating costs.
    • Q2 2024: Turbo Air Announces Partnership with DoorDash Kitchens Turbo Air entered into a partnership with DoorDash Kitchens to supply refrigeration and prep equipment for DoorDash's ghost kitchen facilities across the United States.
    • Q3 2024: Manitowoc Ice Appoints New CEO, John Smith Manitowoc Ice announced the appointment of John Smith as Chief Executive Officer, effective August 2024, to lead the company’s strategic growth initiatives.
    • Q1 2025: Rational AG Unveils iCombi Pro XS Compact Cooking System Rational AG launched the iCombi Pro XS, a compact combi oven designed for small restaurants and foodservice operations, offering advanced cooking technology in a reduced footprint.
    • Q2 2025: Electrolux Professional Secures Major Equipment Contract with National Restaurant Chain Electrolux Professional won a contract to supply kitchen equipment to a leading national restaurant chain, marking a significant expansion of its U.S. market presence.
    • Q2 2025: Blodgett Launches New Touchscreen-Controlled Convection Oven Series Blodgett introduced a new series of convection ovens featuring advanced touchscreen controls, designed to improve ease of use and cooking precision for commercial kitchens.
    • Q3 2025: True Manufacturing Announces $50 Million Facility Expansion in Missouri True Manufacturing announced a $50 million expansion of its Missouri facility to increase production capacity for commercial refrigeration equipment.
    • Q3 2025: Hatco Corporation Partners with Uber Eats for Smart Food Holding Solutions Hatco Corporation entered a partnership with Uber Eats to provide smart food holding and warming solutions for delivery-only kitchens, supporting the growth of virtual restaurant concepts.

    Future Outlook

    Restaurant Equipment Market Future Outlook

    The Global Restaurant Equipment Market is projected to grow at a 7.51% CAGR from 2025 to 2035, driven by technological advancements, sustainability trends, and increasing consumer demand for dining experiences.

    New opportunities lie in:

    • Invest in smart kitchen technologies to enhance operational efficiency and reduce energy costs.
    • Develop eco-friendly equipment to meet rising sustainability standards and consumer preferences.
    • Expand online sales channels to capture the growing demand for restaurant equipment in emerging markets.

    By 2035, the market is expected to be robust, reflecting substantial growth and innovation.

    Market Segmentation

    Restaurant Equipment Market Regional Outlook

    • North America
    • Europe
    • South America
    • Asia-Pacific
    • Middle East and Africa

    Restaurant Equipment Market Application Outlook

    • Fine Dining Restaurants
    • Casual Dining Restaurants
    • Fast Food Restaurants
    • Hotels
    • Other Applications

    Restaurant Equipment Market Fuel Source Outlook

    • Electric
    • Gas
    • Hybrid

    Restaurant Equipment Market Equipment Type Outlook

    • Cooking Equipment
    • Cooling Equipment
    • Storage Equipment
    • Warewashing Equipment
    • Other Equipment

    Restaurant Equipment Market Restaurant Size Outlook

    • Large Restaurants
    • Medium Restaurants
    • Small Restaurants
    • Very Small Restaurants

    Report Scope

    Report Attribute/Metric Details
    Market Size 2024 92.89 (USD Billion)
    Market Size 2025 99.87 (USD Billion)
    Market Size 2035 206.07 (USD Billion)
    Compound Annual Growth Rate (CAGR) 7.51% (2025 - 2035)
    Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    Base Year 2024
    Market Forecast Period 2025 - 2035
    Historical Data 2020 - 2024
    Market Forecast Units USD Billion
    Key Companies Profiled Meiko Maschinenbau GmbH Co. KG, Welbilt, Rational, Electrolux, Hoshizaki, Ali Group, The Middleby Corporation, Officine Star SpA, Marro, Antunes, Equinox, ColdewitzneuparaFujimaki, Bertosa S.p.A., Hobart
    Segments Covered Equipment Type, Application, Restaurant Size, Fuel Source, Regional
    Key Market Opportunities 1 Smart Kitchen Equipment2 Automated Food Preparation3 EnergyEfficient Appliances4 Customization and Personalization5 CloudBased Management Systems
    Key Market Dynamics Rising demand for convenience foods Increasing popularity of food delivery services Technological advancements in kitchen equipment Growing focus on food safety and hygiene Expansion of the hospitality industry
    Countries Covered North America, Europe, APAC, South America, MEA

    FAQs

    What is the current size of the restaurant equipment market?

    The restaurant equipment market is valued at USD 92.89 billion in 2024.

    What is the projected market size of the restaurant equipment market by 2035?

    Restaurant Equipment Market is projected to register a CAGR of 7.51% from 2025-2035

    Which region is expected to dominate the restaurant equipment market?

    North America is expected to dominate the restaurant equipment market throughout the forecast period due to the presence of a large number of restaurants and food service establishments, as well as advanced technological advancements.

    What are the key growth drivers of the restaurant equipment market?

    The key growth drivers of the restaurant equipment market include increasing demand for convenience and efficiency in food preparation, rising disposable income, growing urbanization, and the expansion of the food service industry.

    Who are the major players in the restaurant equipment market?

    Major players in the restaurant equipment market include Rational AG, Welbilt, Inc., The Middleby Corporation, and Ali Group S.r.l.

    What is the impact of COVID-19 on the restaurant equipment market?

    The COVID-19 pandemic had a significant impact on the restaurant equipment market, leading to a decline in demand due to lockdowns and restrictions on restaurant operations. However, the market is expected to recover as the industry adapts to the new normal.

    What are the key trends in the restaurant equipment market?

    Key trends in the restaurant equipment market include the increasing adoption of smart and connected equipment, automation, and sustainability initiatives.

    What are the challenges faced by the restaurant equipment market?

    Challenges faced by the restaurant equipment market include supply chain disruptions, rising raw material costs, and intense competition.

    What is the future outlook for the restaurant equipment market?

    The future outlook for the restaurant equipment market is positive, driven by factors such as the growing food service industry, advancements in technology, and increasing disposable income.

    What are the applications of restaurant equipment?

    Restaurant equipment is used in a wide range of applications, including food preparation, cooking, refrigeration, storage, and cleaning.

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