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According to the report by Expert Market Research (EMR), The Global Commercial Kitchen Appliances Market Size, Trends, Analysis, Report and Forecast 2024-2032″, commercial kitchen appliances market is projected to grow at a CAGR of 6.9% between 2024 and 2032. Aided by the burgeoning food service industry and the increasing demand for advanced and efficient kitchen solutions, the market is expected to grow significantly by 2028.
Commercial kitchen appliances include a wide range of equipment such as cooking appliances, refrigeration units, dishwashers, and others, designed specifically to meet the high-volume needs of foodservice establishments. These appliances offer several advantages including efficient food preparation, faster cooking times, and energy efficiency, thereby playing a crucial role in the smooth operation of any foodservice establishment.
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The global commercial kitchen appliances market growth is primarily driven by the booming food service industry. With the evolving consumer lifestyle and increasing preference for dining out, there has been a surge in the number of restaurants, cafeterias, and food outlets, subsequently propelling the demand for commercial kitchen appliances. Furthermore, the rapid growth of fast-food chains and quick-service restaurants across the globe has significantly boosted the market expansion.
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Additionally, the rising trend of modular kitchens and the growing demand for energy-efficient appliances have contributed to the increasing popularity of commercial kitchen appliances, thus propelling the commercial kitchen appliances market demand. These appliances are designed to streamline kitchen operations, improve productivity, and reduce energy consumption, making them an indispensable part of modern foodservice establishments.
The expanding applications of commercial kitchen appliances across various sectors also significantly influence the commercial kitchen appliances market expansion. Apart from restaurants and cafes, these appliances are extensively used in institutional settings such as schools, hospitals, and corporate offices, further broadening the market scope.
Moreover, the growing inclination towards smart kitchen appliances integrated with advanced technologies such as IoT and AI has presented new opportunities for the commercial kitchen appliances market growth. These smart appliances offer features like remote monitoring, automatic temperature control, and predictive maintenance, which help in enhancing operational efficiency and reducing downtime.
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Commercial Kitchen Appliances Market Segmentation
The market can be divided based on product type, end use, and region.
Market Breakup by Product Type
- Refrigerator
- Cooktop and Cooking Range
- Induction
- Gas
- Electric
- Oven
- Convection
- Microwave
- Combination
- Dishwasher
- Others
Market Breakup by End Use
- Quick Service Restaurants (QSRs)
- Full-Service Restaurants (FSRs)
- Resorts and Hotels
- Institutional Canteens
- Hospitals
- Rail, Cruise, and Airways Catering
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Commercial Kitchen Appliances Market Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global commercial kitchen appliances companies. Some of the major key players explored in the report by Expert Market Research are as follows:
- Middleby Corporation
- Carrier Global Corporation
- Electrolux Group
- Garland Group
- ITW Food Equipment Group
- Bonnet International
- Hoshizaki America, Inc.
- True Manufacturing Co., Inc.
- Others
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