United States Foodservice Equipment Market was valued at USD 13.0 Billion in 2022 and is projected to reach USD 20.4 Billion by 2030, growing at a CAGR of 6.2% from 2024 to 2030.
The US foodservice equipment market is experiencing significant growth, driven by advancements in technology, evolving consumer preferences, and a booming hospitality industry. This market encompasses a wide range of equipment used in restaurants, cafes, hotels, and other foodservice establishments, including cooking appliances, refrigeration units, food preparation tools, and cleaning devices. As of recent market reports, the sector is valued at billions of dollars, and projections indicate continued growth in the coming years. In particular, innovations in energy-efficient appliances, automation, and sustainability are transforming the landscape.
One of the key drivers of this market is the increasing demand for smart, energy-efficient, and environmentally friendly equipment. As businesses strive to reduce operational costs and environmental footprints, they are investing in advanced technologies such as energy-efficient ovens, refrigerators, and dishwashers. The adoption of these eco-friendly solutions not only helps in reducing energy consumption but also improves overall operational efficiency. Moreover, automation is gaining traction as more foodservice establishments look to streamline operations, enhance customer experiences, and reduce labor costs.
The rise of quick-service restaurants (QSRs) and the increasing popularity of delivery and takeout services are also fueling demand for specialized equipment. Food delivery services require high-quality packaging, warming equipment, and temperature-controlled storage solutions to maintain food quality during transport. Additionally, the growing trend toward health-conscious eating is influencing the types of equipment that are in demand. Equipment designed for preparing healthier foods, such as air fryers, juicers, and low-fat cooking solutions, is gaining popularity.
Furthermore, the market is seeing the introduction of advanced technologies, such as smart cooking systems, IoT-enabled devices, and high-efficiency refrigeration units. These innovations are improving the accuracy of cooking times, reducing energy use, and enhancing food quality. The integration of the Internet of Things (IoT) allows operators to remotely monitor equipment, ensuring that everything runs smoothly without the need for constant manual checks.
In parallel, industries outside of traditional foodservice, such as healthcare and educational institutions, are expanding their use of commercial foodservice equipment. These sectors require specialized solutions that meet specific nutritional, safety, and efficiency standards.
As the demand for high-quality foodservice experiences continues to rise, suppliers in the US foodservice equipment market are responding with a wide variety of cutting-edge products, including custom-built solutions to meet the specific needs of different industries. Companies are investing in R&D to create better, more efficient products that can withstand the high demands of the commercial kitchen environment.
The market is also influenced by the increasing popularity of the "100 Gigabit Fiber Optic Transceiver Market," as more restaurants and foodservice operators integrate fiber-optic technology to enable faster, more reliable communications within their operations. This trend highlights the growing intersection of technology and foodservice, where connectivity and digital solutions play an essential role in driving operational success.
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Haier
Midea
Fotile
Joyoung
ROBAM
SUPOR
Vatti
Electrolux
HIONE
BSH
Illinois Tool Works
Bear
Welbilt
Middleby Corporation
Gree
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the US Foodservice Equipment Market
Cooking Equipment
Storage & Handling Equipment
Food Preparation Equipment
Cleaning & Sanitation Equipment
Foodservice Furniture
Serving Equipment
Refrigeration Equipment
Restaurants
Hotels
Caterers
Institutional Kitchens
Quick Service Restaurants (QSR)
Retail Stores
Automated Equipment
Manual Equipment
Semi-Automated Equipment
Heavy Duty Equipment
Light Duty Equipment
Modular Equipment
Customized Equipment
Electric Equipment
Gas Equipment
Hybrid Equipment
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the US Foodservice Equipment Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. US Foodservice Equipment Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Foodservice Equipment Market, By Type
6. US Foodservice Equipment Market, By Application
7. US Foodservice Equipment Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Foodservice Equipment Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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