Global Commercial Kitchen Appliances Market is valued approximately USD 90.25 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 6.70% over the forecast period 2022-2029. Quick service restaurants (QSRs) are becoming more appealing to millennials. Other reasons boosting the market for commercial kitchen equipment include rising demand for fast food, the quick pace of life in big cities and cosmopolitan areas, an increase in the number of working women and nuclear families, and an increase in personal discretionary income. Additionally, the foodservice industry's expanding usage of smart kitchen equipment is anticipated to increase demand for commercial kitchen appliances. As end-use industries become more aware of the benefits of using energy-efficient commercial kitchen equipment, the demand for kitchen appliances in the business sector is also expected to rise significantly. Additionally, it is anticipated that favorable government rules supporting energy-efficient commercial kitchen equipment would increase sales of those appliances, reducing energy use.

For an example, the U.S. Environmental Protection Agency (EPA) suggests that the foodservice industries use refrigerators certified with R-290 (refrigerant grade propane), as it is natural, non-toxic, and free of ozone-damaging qualities and lowers overall energy expenses by about 28.0%. However, high initial capital for setting up commercial kitchen appliances for the manufacturers is restraining the market growth for the market over the forecasted period.

The key regions considered for the Global Commercial Kitchen Appliances Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. The commercial kitchen appliances market in North America had the greatest revenue in 2021, and this growth is anticipated during the forecast period. The strong spending power of those opening restaurants is primarily responsible for the expansion in this area. The expansion of the market is being fueled by the new entrants in the restaurant industry who are investing in a variety of commercial cookware to enhance the menu and boost kitchen efficiency. Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as working population, rising product launches in the region which is increasing the revenue for the market over the forecasted period.

Major market players included in this report are:

Bakers Pride

G.S. Blodgett Corporation

Garland Group

Vulcan

Bonnet International

Ali Group

True Manufacturing

Falcon Professional Kitchen L.L.C

Carrier Corporation

Rational AG.

Recent Developments in the Market:

In March 2020, Elanpro a company based in India has launched an IoT based smart hub platform which is a connected refrigerator.
In August 2022, Following the professional juicer mixer grinder, Hamilton Beach, one of the small kitchen appliance brands in the US, has introduced its premium range of air fryers and panini makers in India.
Global Commercial Kitchen Appliances Market Report Scope:

Historical Data: 2019-2020-2021

Base Year for Estimation: 2021

Forecast period: 2022-2029

Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends

Segments Covered: Product, End-use, Region

Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World

Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:

Refrigerator

Cooking Appliance

Dishwasher

Others

By End-use:

Quick Service Restaurants (QSRs)

Full Service Restaurants (FSRs)

Resorts & Hotels

Institutional Canteens

Hospitals

Rail, Cruise & Airways Catering

Others

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World