Food Service Equipment Market Report 2026

The food service equipment market size has grown strongly in recent years. It will grow from $40.98 billion in 2025 to $43.43 billion in 2026 at a compound annual growth rate (CAGR) of 6%. The growth in the historic period can be attributed to expansion of quick service restaurants, growth of urban food outlets, increasing commercial kitchen investments, rising demand for standardized food quality, availability of advanced cooking equipment.

The food service equipment market size is expected to see strong growth in the next few years. It will grow to $55.09 billion in 2030 at a compound annual growth rate (CAGR) of 6.1%. The growth in the forecast period can be attributed to increasing adoption of automated food service solutions, rising focus on energy-efficient appliances, expansion of cloud-connected kitchen equipment, growing investments in smart restaurant infrastructure, increasing regulatory focus on food safety. Major trends in the forecast period include smart kitchen automation adoption, energy efficient commercial equipment, integrated temperature control systems, modular food service equipment design, enhanced food safety compliance.

The expanding online food service sector is playing a key role in driving the growth of the food service equipment market. Online food services are gaining traction due to their convenience, wide accessibility, diverse options, competitive pricing, and more. During the COVID-19 pandemic, as people adhered to social distancing and safety protocols, customers increasingly relied on online ordering to minimize physical contact with service providers. This surge in online food services necessitated the deployment of additional food service equipment to meet market demand, resulting in significant growth for the sector. For example, in 2024, Uber Eats, a US-based online food ordering and delivery platform, reported over 1.5 million active merchants globally and served 140 million customers. In the United States alone, the platform facilitated hundreds of millions of orders, generating $9.4 billion in new economic revenue and expanding its merchant base by more than 10%. Consequently, the growth of the online food service sector is expected to propel the food service equipment market.

Technological advancement is emerging as a significant trend in the food service equipment market. The industry is experiencing the integration of advanced technologies such as automation, virtual control systems, sensory systems, robots, fusion tech machinery, and more, which facilitate more efficient operations of food service equipment. Key players in the food service equipment market are concentrating on providing technologically advanced solutions to enhance their market presence. For instance, in August 2024, Shin Star Presents, a Bay Area startup in the US focused on innovative food technology, introduced the first unmanned robotic mobile kitchen capable of cooking a full meal while on the way to delivery. This robotic mobile kitchen autonomously prepares and cooks meals during transit, operating like a factory machine. It utilizes a network of robotic cooking components known as "auto-woks" to stir-fry fresh ingredients that are prepared daily at an off-site facility. Furthermore, it connects with an app called Ohlso, allowing users to initiate cooking and monitor the preparation process remotely.

In February 2023, Marco Beverage Systems, an Ireland-based manufacturing company, acquired Middleby Corporation for an undisclosed sum. The purpose of the acquisition is to enhance Marco Beverage Systems' beverage offerings by integrating innovative and energy-efficient beverage dispensing solutions that align with the emerging trends in the food service industry. Middleby Corporation is a US-based manufacturing firm operating within the food service equipment sector. It designs and produces a diverse range of commercial kitchen equipment, including solutions for cooking, food processing, and beverage dispensing, catering to restaurants, hotels, and other food service establishments. The company is recognized for its emphasis on innovation and efficiency in its product lineup.

Major companies operating in the food service equipment market are AB Electrolux, Ali Group Srl a Socio Unico, Dover Corporation, Duke Manufacturing, Haier Group Corporation, Smeg S.p.A., The Middleby Corporation, Meiko Maschinenbau GmbH & Co. KG, Hoshizaki Electric Co. Ltd., Fujimak Corporation, Tupperware Brands Corporation, Hobart Corporation, Manitowoc Company Inc., Alto-Shaam Inc., Cambro Manufacturing Co. Inc., Comstock-Castle Stove Co. Inc., Welbilt Inc., ITW Food Equipment Group, Standex International Corporation, The Vollrath Company LLC, The Vollrath Company, Rational AG, Hatco Corporation, Ice-O-Matic, Bunn-O-Matic Corporation, Grindmaster-Cecilware, Waring Commercial Inc., Robot Coupe USA Inc.

Asia-Pacific was the largest region in the food service equipment market in 2025. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the food service equipment market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the food service equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The food service equipment market consists of sales of utensils, pots, pans, bowls, and spoons, large equipment such as range, steamers, boiling pans, and refrigerators, mechanical equipment such as peelers, pin-cers, mixers, refrigerators. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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