Commercial Kitchen Appliances Market

Introduction of the Commercial Kitchen Appliances Market Report

Kitchen appliances refers to the cooking appliances, such as ovens, kitchen utensils, refrigerators, among others, which are used in commercial establishments, which includes hotels, clubs, and restaurants. These cooking appliances are majorly used for cooking, cleaning, and storage purpose within the kitchen. These appliances also include food processors, blenders, and coffee makers, mainly designed for countertops.

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Market Dynamic

Key Drivers and Emerging Trends

The major factors augmenting the growth of the global commercial kitchen appliances market include the growth in travel & tourism industry and the rising inclination of millennials towards Quick Service Restaurants (QSRs). Moreover, the growing demand for drive-through meals, fast-paced life in metros, and the rise in the number of nuclear families and working women population are some other factors propelling the growth of the commercial kitchen appliances market share in terms of revenue.

Foodservice establishments worldwide are focusing on purchasing certified commercial cooking equipment to ensure food and equipment safety. Manufacturers are extensively managing to get certifications from companies like NSF International and UL Company. These certifications are likely to have a positive impact on the consumers’ perception. Furthermore, the utilization of energy-efficient commercial kitchen appliances is mostly preferred by customers. Moreover, governments across the globe are promoting the use of energy-efficient appliances to curb energy consumption. For instance, the U.S. Environment Protection Agency (EPA) proposed the foodservice industries to use refrigerator certified with R-290 (refrigerant grade propane) as it is non-toxic, organic, free from ozone damaging properties, and reduces overall energy costs by around 28%. These factors play a significant role in bolstering the growth of the global commercial kitchen appliances market.

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Product – Segment Analysis

Based on the product, the refrigerator segment is expected to grow at a higher CAGR over the forecast period. This is mainly due to the rising need for the preservation of food owing to the changing climatic conditions which is mandating the end-users to deploy refrigerators with state-of-the-art technologies. Furthermore, the increasing emphasis on research & development activities to develop commercial kitchen equipment with digital transformation technologies, such as the artificial intelligence (AI) and Internet of Things (IoT) is significantly contributing to the growth of the refrigerator segment in the global commercial kitchen appliances market. For instance, Liebherr launched commercial foodservice freezers and refrigerators with leading cooling components for the foodservice and restaurant industries.

End-Use – Segment Analysis

On the basis of the end-use, the QSRs segment is anticipated to grow at a faster CAGR over the forecast period. This is mainly attributed to the increasing trend of local and international QSR outlets and the opening of new QSR brands. Moreover, there is a growing deployment of technologically updated kitchen appliances by global as well as local fast-food chains among the end-use industries. There has been an increase in the demand for more mechanized commercial equipment in kitchens as QSRs are emphasizing menu innovation, convenience, and competitive pricing. These factors are likely to boost the growth of the QSRs segment in the global commercial kitchen appliances market.

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Region – Segment Analysis

Based on the region, the North America region is projected to grow at a higher CAGR during the forecast period. There has been a rapid increase in the number of hotels, restaurants, and food businesses in this region. For instance, in 2018, around 13000 new restaurants were opened in the US compared to the figure in 2017. Furthermore, the early adoption of technologically enhanced equipment and growing usage of different types of kitchen appliances in this region are significantly supplementing the growth of the commercial kitchen appliances market in North America. 

Top Market Players

Various notable players operating in the market include Blodgett Corporation, Bakers Pride, Ali Spa, Vulcan Inc., AB Electrolux, Carrier, Hobart, Hamilton Beach Brands, Inc., The Vollrath Company, LLC, and HOSHIZAKI CORPORATION, among others.

Key Developments:

• • In 2020, Blodgett Corporation announced the launch of the freestanding ventless convection oven, which is integrated with easy-to-use touchscreen controls for institutional kitchens, fast-casual restaurants, hospital cafeterias, and other foodservice facilities. 

Segments covered in the Report:

The global commercial kitchen appliances market has been segmented on the basis of product, end-use, and regions. Based on product, the market is segmented into refrigerator, cooking appliance, dishwasher, and others. The cooking appliance segment is further segmented into cooktop & cooking range, oven, and other cooking appliance. Based on end-use, the market is segmented into QSRs, FSRs, resorts & hotels, institutional canteens, hospitals, rail, cruise & airways catering, and others. 

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Key questions answered in this research report:

• • At what pace is global commercial kitchen appliances market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in commercial kitchen appliances market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global commercial kitchen appliances market?
  • Which product generated maximum revenues in 2019 and identify the most promising product during the forecast period?
  • What are the various end-use areas of global commercial kitchen appliances market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Report Coverage	Details
Market Base Year	2019
Market Forecast Period	2020-2027
Market Revenues Currency	USD Million
Base Year & Forecast Units	Revenues (USD Million)
Market Segment	By Product, By End-Use, By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	Blodgett Corporation, Bakers Pride, Ali Spa, Vulcan Inc., AB Electrolux, Carrier, Hobart, Hamilton Beach Brands, Inc., The Vollrath Company, LLC, HOSHIZAKI CORPORATION, among others; a total of 10 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation

Global Commercial Kitchen Appliances Market by Product

• • Refrigerator
  • Cooking Appliance
    • Cooktop & Cooking Range
    • Oven
    • Others
  • Dishwasher
  • Others

Global Commercial Kitchen Appliances Market by End-Use

• • QSRs
  • FSRs
  • Resorts & Hotels
  • Institutional Canteens
  • Hospitals
  • Rail, Cruise & Airways Catering
  • Others

Global Commercial Kitchen Appliances Market by Region

• • North America Commercial Kitchen Appliances Market (Option 1: As a part of the free 25% customization)
    • North America Market by Product
    • North America Market by End-Use
    • US Market All-Up
    • Canada Market All-Up
  • Europe Commercial Kitchen Appliances Market (Option 2: As a part of the free 25% customization)
    • Europe Market by Product
    • Europe Market by End-Use
    • UK Market All-Up
    • Germany Market All-Up
    • France Market All-Up
    • Spain Market All-Up
    • Rest of Europe Market All-Up
  • Asia-Pacific Commercial Kitchen Appliances Market (Option 3: As a part of the free 25% customization)
    • Asia-Pacific Market by Product
    • Asia-Pacific Market by End-Use
    • China Market All-Up
    • India Market All-Up
    • Japan Market All-Up
    • Rest of APAC Market All-Up
  • RoW Commercial Kitchen Appliances Market (Option 4: As a part of the free 25% customization)
    • RoW Market by Product
    • RoW Market by End-Use
    • Brazil Market All-Up
    • South Africa Market All-Up
    • Saudi Arabia Market All-Up
    • UAE Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Market All-Up

Major Players Operating in the Commercial Kitchen Appliances (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Blodgett Corporation
  • Bakers Pride
  • Ali Spa
  • Vulcan Inc.
  • AB Electrolux
  • Carrier
  • Hobart
  • Hamilton Beach Brands, Inc.
  • The Vollrath Company, LLC
  • HOSHIZAKI CORPORATION