The commercial catering equipment market size is anticipated to rise from USD 12,469.4 Million in 2023, and it is anticipated to surpass USD 17,972.7 Million by 2033. The demand for commercial catering equipment is anticipated to expand at a CAGR of 3.7% during the forecast period due to the heightened level of construction in the hospitality sector, including new cafes, restaurants, pubs, and bars.
Some of the key factors aiding the sales include:
Attribute | Details |
---|---|
Commercial Catering Equipment Market Estimated Size (2023) | USD 12,469.4 Million |
Commercial Catering Equipment Market CAGR (2023 to 2033) | 3.7% |
Commercial Catering Equipment Market Forecasted Size (2033) | USD 17,972.7 Million |
The commercial catering equipment market is observing rapid development in terms of new innovations in the industry to meet the modern, more complex needs of the industry. Newer technologies such as molecular gastronomy and sous vide are profiting the catering businesses across the globe.
Sous vide is a cooking methodology in which air-tight bags are sealed and cooked at a precise temperature to achieve consistent results, irrespective of the complexity of the dish. Meanwhile, molecular gastronomy can be described as the experimentation of new ingredients and techniques to innovate unusual, exciting dishes.
The commercial catering equipment market is witnessing numerous developments lately. One of these latest developments is chargrilled ovens, which use direct radiant heat for cooking food, including meat and poultry, adding a smoky flavour to the food preparation. Chargrill ovens are generally used to prepare large quantities of food swiftly and evenly, leading to their popularity in catering businesses and restaurants.
Recently, due to a great many advantages of air fryers, the equipment is making rounds in the catering industry. These air fryers are different from traditional fryers as they use hot air, instead of oil, to cook food, making it a healthier substitute for fried foods. The usage of air fryers results in time-efficiency and cost-efficiency, upgradation of food quality, promotes food-and-health safety, and variety in food.
Some other new inventions in the market that promote the efficiency of time and energy include automatic gelato-making machines and food temperature preservers. The market is predicted to observe the development of many pieces of equipment related to commercial catering, thus enabling market growth in the ensuing years.
In May 2022, deSter, a leading provider of food packaging and service ware concepts for food service and aviation industries, in partnership with Etihad Airways, announced the launch of a new sustainable concept for dining equipment which is fully circular. The new onboard dining equipment includes reusable tableware with bowls, lids, trays, and hot meal casseroles made out of recycled high-quality materials, discarding the use of single-use plastics entirely.
The concept of a ghost or dark kitchen, also known as a virtual restaurant, is relatively new. These kitchens or restaurants offer a professional cooking and food preparation facility meant for meal delivery and/or collection. This food service business serves customers only by delivery and pick-up based on mobile and online ordering. Virtual restaurants became popular due to social distancing and work-from-home policies put in place during the COVID-19 pandemic, as the demand for prepared dishes and food home delivery increased at this time.
The demand for home delivery of food sustained even after the restaurants and cafes resumed full operations as government-mandated social distancing to ensure health and safety.
The demand for food delivery resulted in the proliferation of food delivery apps, such as DoorDash, Uber Eats, Grubhub, and Postmates, to deliver food to the doorstep. Uber Eats alone supported the launch of about 4,000 virtual restaurants globally. Due to this, the sales of commercial catering equipment were cushioned from the economic blow suffered during the pandemic. The convenience afforded by ghost kitchens or virtual restaurants to both consumers and proprietors is expected to continue over the forecast period, thus driving the demand for commercial catering equipment.
Key trends underpinning the future growth of the commercial catering equipment market include new-fashioned at-home delivery solutions. In addition to this, a heightened focus on unique and experimental dining experiences to motivate consumers to dine out is also facilitating the demand for commercial catering equipment and accessories.
Further, the growing use of multi-faceted, multi-functional catering equipment to prepare high-quality food efficiently and consistently with the least kitchen operative intervention is predicted to drive the overall market forward over the forecast period of 2023 to 2033.
The catering industry is the most competitive sector worldwide, which is why the industry witnesses many challenges, recently being Brexit, sustainability concerns, and dietary constraints. The industry is likely to be affected by the increased costs of rental, wages, equipment, and produce, which is putting a strain on catering businesses’ budgets.
Additionally, the opening up of numerous food outlets and the availability of more choices in the market has made it more difficult to catch customers’ intrigue and mind space. The demand for food that aligns with specialized diet requirements is gaining prominence due to allergies and environmental or ethical concerns. This has placed a lot of pressure on the catering businesses in terms of budget. The adaptability of catering companies to these new challenges will determine their success in the forecast period.
The serving equipment/component type commanded a large market share with a CAGR of 3.4% from 2017 to 2022. The segment is expected to grow at a CAGR of 3.7% in the projected period owing to expanding food service sector and growing demand for multi-functional, time and space-efficient, and labor-saving equipment. Moreover, the segment growth is predicted to be driven by the shifting social norms and technological advancements yielding high demand among the end-users. These technologically-advanced equipment are anticipated to strengthen the market growth in the long run.
The food service sector grew at a CAGR of 2.7% in the historical period of 2017 to 2022. The sector is expected to retain its dominance over the forecast period, witnessing a CAGR of 3.5% from 2023 to 2033. The market growth is catalyzed by rising per capita disposable income and increased investments in the food service sector. The evolving customer tastes and preferences are expected to result in the popularity of restaurant concepts.
For instance, convenience will most likely be a determinant in driving the food service sector sales. Other factors contributing to the food service sector's growth include a surging population of working women and rapid urbanization.
The USA commercial catering equipment market is assessed to lead the market with an estimated value of USD 4,493.1 Million by the year 2033, growing at a CAGR of 4.1% over the projected period of 2023 to 2033. The factors supporting the expected market growth over the stipulated period include expanding disposable incomes, the emergence of numerous casual restaurants, an extensive range of technologically-advanced, inventive products, and increased demand for dine-out and takeaways alike.
Furthermore, various regulatory bodies in the region are mandating the sale of tested and certified commercial kitchen appliances, intended to prioritize food safety and a healthy environment for both consumers and restaurant operators.
National Sanitation Foundation (NSF), which is an American inspection, product testing, and certification non-profit organization, has created equipment safety standards to ascertain that sanitation protocols and food safety requirements are being followed by end users.
The commercial catering equipment market in the UK sustained the COVID-19 adversity with government support in the form of schemes like 'Eat Out to Help Out. The overall market grew at a low CAGR of 2.9% in the historical period of 2017 to 2022. Looking onwards toward a positive future, the market is assessed to reach a valuation of USD 1,258.1 Million by 2033, expanding at the fastest CAGR of 5.3% over the forecast period.
The projected growth factors, such as surging ghost kitchens / virtual restaurants, explosive restaurant innovations, digitalization, the proliferation of smartphones, etc., are anticipated to drive the UK market upwards.
The growing popularity of takeaway and ready-to-eat (RTE) food items has propelled restaurant chains to equip themselves with multi-functional catering equipment for commercial purposes. The Japan commercial catering equipment market is expected to grow at a CAGR of 3.9% over the forecast period of 2023 to 2033 to attain a market value of USD 1,132.2 Million by 2033.
The market is expected to be stimulated by the advent of digital dining trends, which has yielded the deployment of modern equipment to expedite the preparation process and decrease delivery uptake. Furthermore, the expanding Japanese street food and sushi restaurants are supporting the demand for commercial catering equipment.
The South Korean commercial catering equipment market is expected to grow at a CAGR of 2.2% between the time period 2023 to 2033. By 2033, the market is predicted to amount to USD 449.3 Million. The market growth can be attributed to the adoption of dine-out culture for both formal and informal events and increased travel and tourism activities, resulting in rising footfall in full-service (FSR) restaurants.
Additionally, the expansion of quick-service restaurants (QSRs) in response to the increasing working population and globalization of leading restaurant chains. Further, continual product developments in the South Korean market are expected to enhance market growth.
Due to their comparable product portfolios and clientele, start-ups are now engaged in severe competition. Over the projected period, it is anticipated that new fast-food companies' expanding operations would have a favorable effect on commercial catering equipment demand.
Several start-ups have begun selling their goods online. To guarantee the widest possible product distribution, start-ups are partnering with distributors across the world. This assists them in growing both their customer base and the reach of their goods. Additionally, the industry is anticipated to benefit from rising internet penetration in both developed and emerging nations.
NOWAH Catering Equipment Ltd.
NOWAH Catering Equipment Ltd. is a new catering company specializing in the supply of restaurant and bakery dough mixers, pizza ovens, dough sheeters, and pasta makers, in addition to rotisseries and ancillary items, including stainless steel sinks and tables. The company provides selected products on the basis of reliability, quality, durability, and value-for-money, in addition to great aftersales support.
Tovala
Tovala, a supplier of connected smart ovens, was launched in 2015 in Chicago, United States. The features of this oven include steaming, broiling, toasting in a single pot, convection and microwave heating, scan-to-cook options, and mobile application incorporation. These smart ovens are also developed to prepare meals on a subscription basis. These smart meals are automatically recognized and cooked with the help of pre-set cooking cycles.
June
June is the first Internet brand to deliver smart top ovens. The product features sensors, which detect the weight and set the temperature automatically. Other features include video monitoring, intelligent alerts, and meal planning.
The presence of several well-known competitors, such as Duke Manufacturing Co. Inc., Electrolux, Dover Corporation, Illinois Tool Works (ITW), Inc., and Ali Group S.r.l, as well as numerous small and medium-sized competitors, dominates the market.
Furthermore, the commercial catering equipment industry is marked by intense competition since the top commercial catering equipment manufacturers have such a large client base. The players are well-established, have robust and wide-ranging distribution networks, and they can satisfy the demands of the food chain industry.
Attribute | Details |
---|---|
Growth Rate | CAGR of 3.7% from 2023 to 2033 |
Base Year of Estimation | 2023 |
Historical Data | 2018 to 2022 |
Forecast Period | 2023 to 2033 |
Quantitative Units | Revenue in USD Million and Volume in Units and F-CAGR from 2023 to 2033 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, growth factors, Trends, and Pricing Analysis |
Key Segments Covered | By Type, By End User, By Sales Channel, By Region |
Regions Covered | North America; Latin America; Europe; East Asia; South Asia; Middle East & Africa; Oceania |
Key Countries Profiled | The USA, Canada, Brazil, Mexico, Germany, Italy, France, The UK, Spain, Russia, China, Japan, India, GCC Countries, Australia |
Key Companies Profiled | Duke Manufacturing Co. Inc.; Electrolux; Dover Corporation; Illinois Tool Works (ITW), Inc.; Ali Group S.r.l |
Customization & Pricing | Available upon Request |
Table 1: Global Market Value (US$ Million) Analysis, by Type, 2018 to 2022
Table 2: Global Market Value (US$ Million) Analysis, by Type, 2023 to 2033
Table 3: Global Market Value (US$ Million) Analysis, by End User, 2018 to 2022
Table 4: Global Market Value (US$ Million) Analysis, by End User, 2023 to 2033
Table 5: Global Market Value (US$ Million) Analysis, by Sales Channel, 2018 to 2022
Table 6: Global Market Value (US$ Million) Analysis, by Sales Channel, 2023 to 2033
Table 7: Global Market Value (US$ Million) Analysis, by Region, 2018 to 2022
Table 8: Global Market Value (US$ Million) Analysis, by Region, 2023 to 2033
Table 9: North America Market Value (US$ Million) Analysis, by Country, 2018 to 2022
Table 10: North America Market Value (US$ Million) Analysis, by Country, 2023 to 2033
Table 11: North America Market Value (US$ Million) Analysis, by Type, 2018 to 2022
Table 12: North America Market Value (US$ Million) Analysis, by Type, 2023 to 2033
Table 13: North America Market Value (US$ Million) Analysis, by End User, 2018 to 2022
Table 14: North America Market Value (US$ Million) Analysis, by End User, 2023 to 2033
Table 15: North America Market Value (US$ Million) Analysis, by Sales Channel, 2018 to 2022
Table 16: North America Market Value (US$ Million) Analysis, by Sales Channel, 2023 to 2033
Table 17: Latin America Market Value (US$ Million) Analysis, by Country, 2018 to 2022
Table 18: Latin America Market Value (US$ Million) Analysis, by Country, 2023 to 2033
Table 19: Latin America Market Value (US$ Million) Analysis, by Type, 2018 to 2022
Table 20: Latin America Market Value (US$ Million) Analysis, by Type, 2023 to 2033
Table 21: Latin America Market Value (US$ Million) Analysis, by End User, 2018 to 2022
Table 22: Latin America Market Value (US$ Million) Analysis, by End User, 2023 to 2033
Table 23: Latin America Market Value (US$ Million) Analysis, by Sales Channel, 2018 to 2022
Table 24: Latin America Market Value (US$ Million) Analysis, by Sales Channel, 2023 to 2033
Table 25: Europe Market Value (US$ Million) Analysis, by Country, 2018 to 2022
Table 26: Europe Market Value (US$ Million) Analysis, by Country, 2023 to 2033
Table 27: Europe Market Value (US$ Million) Analysis, by Type, 2018 to 2022
Table 28: Europe Market Value (US$ Million) Analysis, by Type, 2023 to 2033
Table 29: Europe Market Value (US$ Million) Analysis, by End User, 2018 to 2022
Table 30: Europe Market Value (US$ Million) Analysis, by End User, 2023 to 2033
Table 31: Europe Market Value (US$ Million) Analysis, by Sales Channel, 2018 to 2022
Table 32: Europe Market Value (US$ Million) Analysis, by Sales Channel, 2023 to 2033
Table 33: East Asia Market Value (US$ Million) Analysis, by Country, 2018 to 2022
Table 34: East Asia Market Value (US$ Million) Analysis, by Country, 2023 to 2033
Table 35: East Asia Market Value (US$ Million) Analysis, by Type, 2018 to 2022
Table 36: East Asia Market Value (US$ Million) Analysis, by Type, 2023 to 2033
Table 37: East Asia Market Value (US$ Million) Analysis, by End User, 2018 to 2022
Table 38: East Asia Market Value (US$ Million) Analysis, by End User, 2023 to 2033
Table 39: East Asia Market Value (US$ Million) Analysis, by Sales Channel, 2018 to 2022
Table 40: East Asia Market Value (US$ Million) Analysis, by Sales Channel, 2023 to 2033
Table 41: South Asia & Oceania Market Value (US$ Million) Analysis, by Country, 2018 to 2022
Table 42: South Asia & Oceania Market Value (US$ Million) Analysis, by Country, 2023 to 2033
Table 43: South Asia & Oceania Market Value (US$ Million) Analysis, by Type, 2018 to 2022
Table 44: South Asia & Oceania Market Value (US$ Million) Analysis, by Type, 2023 to 2033
Table 45: South Asia & Oceania Market Value (US$ Million) Analysis, by End User, 2018 to 2022
Table 46: South Asia & Oceania Market Value (US$ Million) Analysis, by End User, 2023 to 2033
Table 47: South Asia & Oceania Market Value (US$ Million) Analysis, by Sales Channel, 2018 to 2022
Table 48: South Asia & Oceania Market Value (US$ Million) Analysis, by Sales Channel, 2023 to 2033
Table 49: MEA Market Value (US$ Million) Analysis, by Country, 2018 to 2022
Table 50: MEA Market Value (US$ Million) Analysis, by Country, 2023 to 2033
Table 51: MEA Market Value (US$ Million) Analysis, by Type, 2018 to 2022
Table 52: MEA Market Value (US$ Million) Analysis, by Type, 2023 to 2033
Table 53: MEA Market Value (US$ Million) Analysis, by End User, 2018 to 2022
Table 54: MEA Market Value (US$ Million) Analysis, by End User, 2023 to 2033
Table 55: MEA Market Value (US$ Million) Analysis, by Sales Channel, 2018 to 2022
Table 56: MEA Market Value (US$ Million) Analysis, by Sales Channel, 2023 to 2033
Figure 1: Global Market Value (US$ Million) Historical Analysis, 2018 to 2022
Figure 2: Global Market Value (US$ Million) Forecast and Analysis, 2023 to 2033
Figure 3: Global Market Value Y-o-Y Growth and Forecast, 2019 to 2033
Figure 4: Global Market Incremental $ Opportunity, 2023 to 2033
Figure 5: Global Market Share and BPS Analysis by Type, 2023 to 2033
Figure 6: Global Market Y-o-Y Growth Projections by Type, 2023 to 2033
Figure 7: Global Market Attractiveness Analysis by Type, 2023 to 2033
Figure 8: Global Market Share and BPS Analysis by End User, 2023 to 2033
Figure 9: Global Market Y-o-Y Growth Projections by End User, 2023 to 2033
Figure 10: Global Market Attractiveness Analysis by End User, 2023 to 2033
Figure 11: Global Market Share and BPS Analysis by Sales Channel, 2023 to 2033
Figure 12: Global Market Y-o-Y Growth Projections by Sales Channel, 2023 to 2033
Figure 13: Global Market Attractiveness Analysis by Sales Channel, 2023 to 2033
Figure 14: Global Market Share and BPS Analysis by Region, 2023 to 2033
Figure 15: Global Market Y-o-Y Growth Projections by Region, 2023 to 2033
Figure 16: Global Market Attractiveness Analysis by Region, 2023 to 2033
Figure 17: North America Market Value (US$ Million) Historical Analysis, 2018 to 2022
Figure 18: North America Market Value (US$ Million) Forecast and Analysis, 2023 to 2033
Figure 19: North America Market Value Y-o-Y Growth and Forecast, 2019 to 2033
Figure 20: North America Market Incremental $ Opportunity, 2023 to 2033
Figure 21: North America Market Share Analysis by Country, 2023 to 2033
Figure 22: North America Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 23: North America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 24: North America Market Share and BPS Analysis by Type, 2023 to 2033
Figure 25: North America Market Y-o-Y Growth Projections by Type, 2023 to 2033
Figure 26: North America Market Attractiveness Analysis by Type, 2023 to 2033
Figure 27: North America Market Share and BPS Analysis by End User, 2023 to 2033
Figure 28: North America Market Y-o-Y Growth Projections by End User, 2023 to 2033
Figure 29: North America Market Attractiveness Analysis by End User, 2023 to 2033
Figure 30: North America Market Share and BPS Analysis by Sales Channel, 2023 to 2033
Figure 31: North America Market Y-o-Y Growth Projections by Sales Channel, 2023 to 2033
Figure 32: North America Market Attractiveness Analysis by Sales Channel, 2023 to 2033
Figure 33: Latin America Market Value (US$ Million) Historical Analysis, 2018 to 2022
Figure 34: Latin America Market Value (US$ Million) Forecast and Analysis, 2023 to 2033
Figure 35: Latin America Market Value Y-o-Y Growth and Forecast, 2019 to 2033
Figure 36: Latin America Market Incremental $ Opportunity, 2023 to 2033
Figure 37: Latin America Market Share Analysis by Country, 2023 to 2033
Figure 38: Latin America Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 39: Latin America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 40: Latin America Market Share and BPS Analysis by Type, 2023 to 2033
Figure 41: Latin America Market Y-o-Y Growth Projections by Type, 2023 to 2033
Figure 42: Latin America Market Attractiveness Analysis by Type, 2023 to 2033
Figure 43: Latin America Market Share and BPS Analysis by End User, 2023 to 2033
Figure 44: Latin America Market Y-o-Y Growth Projections by End User, 2023 to 2033
Figure 45: Latin America Market Attractiveness Analysis by End User, 2023 to 2033
Figure 46: Latin America Market Share and BPS Analysis by Sales Channel, 2023 to 2033
Figure 47: Latin America Market Y-o-Y Growth Projections by Sales Channel, 2023 to 2033
Figure 48: Latin America Market Attractiveness Analysis by Sales Channel, 2023 to 2033
Figure 49: Europe Market Value (US$ Million) Historical Analysis, 2018 to 2022
Figure 50: Europe Market Value (US$ Million) Forecast and Analysis, 2023 to 2033
Figure 51: Europe Market Value Y-o-Y Growth and Forecast, 2019 to 2033
Figure 52: Europe Market Incremental $ Opportunity, 2023 to 2033
Figure 53: Europe Market Share Analysis by Country, 2023 to 2033
Figure 54: Europe Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 55: Europe Market Attractiveness Analysis by Country, 2023 to 2033
Figure 56: Europe Market Share and BPS Analysis by Type, 2023 to 2033
Figure 57: Europe Market Y-o-Y Growth Projections by Type, 2023 to 2033
Figure 58: Europe Market Attractiveness Analysis by Type, 2023 to 2033
Figure 59: Europe Market Share and BPS Analysis by End User, 2023 to 2033
Figure 60: Europe Market Y-o-Y Growth Projections by End User, 2023 to 2033
Figure 61: Europe Market Attractiveness Analysis by End User, 2023 to 2033
Figure 62: Europe Market Share and BPS Analysis by Sales Channel, 2023 to 2033
Figure 63: Europe Market Y-o-Y Growth Projections by Sales Channel, 2023 to 2033
Figure 64: Europe Market Attractiveness Analysis by Sales Channel, 2023 to 2033
Figure 65: East Asia Market Value (US$ Million) Historical Analysis, 2018 to 2022
Figure 66: East Asia Market Value (US$ Million) Forecast and Analysis, 2023 to 2033
Figure 67: East Asia Market Value Y-o-Y Growth and Forecast, 2019 to 2033
Figure 68: East Asia Market Incremental $ Opportunity, 2023 to 2033
Figure 69: East Asia Market Share Analysis by Country, 2023 to 2033
Figure 70: East Asia Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 71: East Asia Market Attractiveness Analysis by Country, 2023 to 2033
Figure 72: East Asia Market Share and BPS Analysis by Type, 2023 to 2033
Figure 73: East Asia Market Y-o-Y Growth Projections by Type, 2023 to 2033
Figure 74: East Asia Market Attractiveness Analysis by Type, 2023 to 2033
Figure 75: East Asia Market Share and BPS Analysis by End User, 2023 to 2033
Figure 76: East Asia Market Y-o-Y Growth Projections by End User, 2023 to 2033
Figure 77: East Asia Market Attractiveness Analysis by End User, 2023 to 2033
Figure 78: East Asia Market Share and BPS Analysis by Sales Channel, 2023 to 2033
Figure 79: East Asia Market Y-o-Y Growth Projections by Sales Channel, 2023 to 2033
Figure 80: East Asia Market Attractiveness Analysis by Sales Channel, 2023 to 2033
Figure 81: South Asia & Oceania Market Value (US$ Million) Historical Analysis, 2018 to 2022
Figure 82: South Asia & Oceania Market Value (US$ Million) Forecast and Analysis, 2023 to 2033
Figure 83: South Asia & Oceania Market Value Y-o-Y Growth and Forecast, 2019 to 2033
Figure 84: South Asia & Oceania Market Incremental $ Opportunity, 2023 to 2033
Figure 85: South Asia & Oceania Market Share Analysis by Country, 2023 to 2033
Figure 86: South Asia & Oceania Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 87: South Asia & Oceania Market Attractiveness Analysis by Country, 2023 to 2033
Figure 88: South Asia & Oceania Market Share and BPS Analysis by Type, 2023 to 2033
Figure 89: South Asia & Oceania Market Y-o-Y Growth Projections by Type, 2023 to 2033
Figure 90: South Asia & Oceania Market Attractiveness Analysis by Type, 2023 to 2033
Figure 91: South Asia & Oceania Market Share and BPS Analysis by End User, 2023 to 2033
Figure 92: South Asia & Oceania Market Y-o-Y Growth Projections by End User, 2023 to 2033
Figure 93: South Asia & Oceania Market Attractiveness Analysis by End User, 2023 to 2033
Figure 94: South Asia & Oceania Market Share and BPS Analysis by Sales Channel, 2023 to 2033
Figure 95: South Asia & Oceania Market Y-o-Y Growth Projections by Sales Channel, 2023 to 2033
Figure 96: South Asia & Oceania Market Attractiveness Analysis by Sales Channel, 2023 to 2033
Figure 97: MEA Market Value (US$ Million) Historical Analysis, 2018 to 2022
Figure 98: MEA Market Value (US$ Million) Forecast and Analysis, 2023 to 2033
Figure 99: MEA Market Value Y-o-Y Growth and Forecast, 2019 to 2033
Figure 100: MEA Market Incremental $ Opportunity, 2023 to 2033
Figure 101: MEA Market Share Analysis by Country, 2023 to 2033
Figure 102: MEA Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 103: MEA Market Attractiveness Analysis by Country, 2023 to 2033
Figure 104: MEA Market Share and BPS Analysis by Type, 2023 to 2033
Figure 105: MEA Market Y-o-Y Growth Projections by Type, 2023 to 2033
Figure 106: MEA Market Attractiveness Analysis by Type, 2023 to 2033
Figure 107: MEA Market Share and BPS Analysis by End User, 2023 to 2033
Figure 108: MEA Market Y-o-Y Growth Projections by End User, 2023 to 2033
Figure 109: MEA Market Attractiveness Analysis by End User, 2023 to 2033
Figure 110: MEA Market Share and BPS Analysis by Sales Channel, 2023 to 2033
Figure 111: MEA Market Y-o-Y Growth Projections by Sales Channel, 2023 to 2033
Figure 112: MEA Market Attractiveness Analysis by Sales Channel, 2023 to 2033
The global commercial catering equipment market is estimated to be valued at USD 12,469.4 Million in 2023.
The commercial catering equipment market is likely to grow at a CAGR of 3.7% from 2023 to 2033.
The commercial catering equipment market is projected to reach a valuation of USD 17,972.7 Million by 2033.
The USA is projected to lead the global commercial catering equipment market by 2033.
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