Commercial Cooking Equipment Market Size, Share Global Analysis Report, 2020 - 2026

Industry Insights

[110+ Pages Report] According to the report published by Facts Factors, the global commercial cooking equipment market size was worth around USD 10 billion in 2019 and is predicted to grow to around USD 13 billion by 2026 with a compound annual growth rate (CAGR) of roughly 4% between 2020 and 2026. The report analyzes the global commercial cooking equipment market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the commercial cooking equipment market.

We have included industry analysis models in our report and extensively demonstrated the key business strategies and competitive landscape of the commercial cooking equipment market in our study. Our study also includes an analysis of Porter’s Five Forces framework for understanding the competitive strategies used by market competitors. It also encompasses PESTLE analysis and SWOT analysis.

Key Insights from Primary Research

• As per our primary respondents, the global commercial cooking equipment market would grow at ~4% CAGR, annually.
• According to KOLs (key Opinion leaders) that the global commercial cooking equipment market was valued at around USD 10 Billion in 2019
• The “Commercial Oven, Gas Stove & Ranges” category, on the basis of product segmentation, was the leading revenue-generating category accounting for around 65% share, in 2019
• On the basis of end-user segmentation, the “restaurant ” category held the leading share at more than 56%, in 2019
• Based on the region, the APAC is expected to account for a revenue share of around 41%, in 2019 in the target market

Key Recommendations from Analysts

• As per our analysts, global Commercial cooking equipment is growing at a high CAGR and various end-use industries are aware of this potential market and applications of Commercial cooking equipment.
• Growing at a CAGR of around 3.8 %, the global Commercial cooking equipment market provides numerous opportunities for all of the involved stakeholders across the entire value chain
• Our analysts have identified Commercial Oven, Gas Stove & Ranges and restaurants are dominating segments for the global Commercial cooking equipment market in terms of product and end-users segmentation respectively

Global Commercial Cooking Equipment Market Volume Share, By Region, 2026Global Commercial Cooking Equipment Market Volume Share, By Region, 2026

The report also offers an in-depth analysis of the market share of each industry player and gives an outline of the market position of key players in the commercial cooking equipment market. Moreover, the study offers wide coverage of key strategic improvements witnessed in the market such as acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, R&D activities, and geographical expansion of key players of the commercial cooking equipment market.

Report Scope

The study provides a decisive view of the commercial cooking equipment market by segmenting the commercial cooking equipment market based on method, application, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2020 to 2026. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

A major factor boosting the growth of the global market is the technological advancements in commercial cooking equipment. In addition to this increasing use of commercial cooking equipment in the various end-use industries is anticipated to boost the growth of the target market in the near future. However, high costs associated with the instrument, coupled with a lack of skilled professionals are factors hampering the growth of the target market over the forecast period. 

The commercial cooking equipment market is segmented based on product, end-users, and sales channels. Product-wise, the market is classified into Commercial Gas Stoves, Commercial Microwaves, Charbroilers and Griddles, Commercial Ovens, and Others. In terms of End-Users, the market segment is sectored into Hotels, Restaurants, and Others. In terms of the sales channel, the market segment is sectored into the Direct channel and the Distributor channel.

The prominent players operating in the global commercial cooking equipment market include:

• The Middleby Corporation
• Ali Group S.r.l.
• Illinois Tool Works
• Welbilt Inc.
• Alto-Shaam Inc.
• Duke Manufacturing
• AB Electrolux
• Fujimak Corporation
• Rational Ag
• Thermador
• Bosch Group.

Companies operating in this industry are focusing on strategic partnerships such as mergers and acquisitions in order to get a competitive edge in the global market Industry.

By Product Segment Analysis

• Commercial Gas Stoves
• Commercial Microwaves
• Charbroilers and Griddles
• Commercial Ovens
• Others

Global Commercial Cooking Equipment: By End-Users Segment Analysis

• Restaurant
• Hotels
• Others

Sales Channel Analysis

• Direct Channel
• Distributor Channel

Global Commercial Cooking Market Market: Regional Segment Analysis

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • South-East Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• The Middle East and Africa
  • GCC Countries
  • South Africa
  • Rest of Middle-East Africa

Key Pointers Addressed by the Report

• Historical data and forecast analysis of the market
• Drivers and Restraints affecting market dynamics
• Exhaustive analysis of the future market trends
• Comprehensive information about the leading market segments and region
• Strategic developments made by the competitive players and in-depth analysis of its impact on market growth