North America Commercial Cooking Equipment Market by Product Type (Broilers, Grills and Griddles, Cook Chill Systems, Refrigerators, Ovens, Dishwashers and Others), by Size (Small-Scale Equipment, Medium-Scale Equipment and Large-Scale Equipment), and by End-User (Full-Service Restaurants, Quick Service Restaurants, Catering, Railway Dining, Resorts & Hotel, Hospitals and Others)- Opportunity Analysis and Industry Forecast, 2024– 2030
Industry: Retail and Consumer | Publish Date: 12-Feb-2025 | No of Pages: 136 | No. of Tables: 90 | No. of Figures: 55 | Format: PDF | Report Code : RC2948
North America Commercial Cooking Equipment Market Overview
The North America Commercial Cooking Equipment Market size was valued at USD 5.81 billion in 2023, and is predicted to reach USD 7.80 billion by 2030, at a CAGR of 3.8% from 2024 to 2030. In terms of volume, the market size was 850 thousand units in 2023, and is projected to reach 1433 thousand units by 2030, with a CAGR of 7.0% from 2024 to 2030.
Commercial cooking equipment encompasses a variety of appliances and tools crafted for professional kitchens in restaurants, hotels, and catering businesses. Designed for efficiency and safety, this equipment is built with durable materials to endure continuous use, reducing downtime and ensuring a seamless kitchen workflow. Modern designs emphasize energy efficiency, helping businesses lower utility costs and environmental impact. Investing in top-tier hospitality cooking equipment is essential for maintaining smooth operations, enhancing competitiveness, and boosting profitability in the food service industry.
Expansion of Fast-Food Chains and Quick-Service Restaurants Drives the North America Commercial Cooking Equipment Market Growth
The rapid growth of fast-food chains and quick-service restaurants (QSRs) is a key driver for the North America commercial cooking equipment market trends. As consumer lifestyles become increasingly fast-paced, the demand for quick and convenient dining options rises. Fast-food and QSR establishments are expanding to meet this demand, necessitating the use of advanced, efficient cooking equipment to maintain high service standards, manage large volumes, and ensure quick turnaround times. This expansion drives the need for reliable, high-performance commercial cooking solutions.
North America’s Thriving Tourism Fuels Growth in the CCE Market
The thriving tourism industry in North America significantly boosts the demand for commercial cooking equipment. As the region attracts millions of international visitors each year, there is a corresponding surge in the need for diverse dining experiences. This trend fuels the expansion of restaurants, cafes, and eateries across the continent, all requiring efficient and high-capacity cooking equipment to cater to the growing influx of tourists. Consequently, manufacturers and suppliers of hospitality cooking equipment are presented with increased opportunities to meet the evolving needs of the hospitality sector driven by North America's vibrant tourism landscape.
Stringent Regulatory Requirements and Compliance Standards Hinder the Market Growth
Stringent regulatory requirements, such as the International Food Standards (IFS) and the Food Safety Modernization Act (FSMA), pose significant challenges for businesses investing in new commercial kitchen equipment. These regulations, enforced by governmental agencies and industry associations, mandate specific protocols for food handling, storage, and preparation to ensure safety and compliance. Non-compliance can lead to penalties and reputational damage.
Moreover, meeting emissions standards necessitates investments in ventilation and filtration systems, increasing complexity and costs. These regulatory burdens, combined with the financial strain of purchasing compliant equipment and ongoing maintenance, particularly impact small and medium-sized enterprises (SMEs). Ultimately, these challenges hinder the adoption of new cooking equipment, constraining market growth and expansion in the food service industry.
Integration Of Advanced Technologies in CCE Creates Future Market Prospects
The incorporation of advanced technologies such as smart cooking appliances, IoT-enabled kitchen equipment, and automation solutions is set to drive a significant increase in the demand for hospitality cooking equipment in the coming years. These innovations enable businesses to enhance efficiency, productivity, and sustainability within their operations.
Smart appliances, equipped with intelligent sensors and connectivity features, facilitate precise monitoring and control, optimizing cooking processes and elevating food quality. IoT-enabled equipment allows for real-time data monitoring and analysis, empowering kitchen staff to make informed decisions and adjustments to improve overall performance.
Meanwhile, automation solutions streamline repetitive tasks such as food preparation and cleaning, enabling staff to allocate more time to value-added activities. This integration not only enhances operational efficiency but also reduces energy consumption and minimizes waste, meeting the growing preference for sustainable practices in the food service industry.
U.S Dominates the North America Commercial Cooking Equipment Market Share
The increasing consumption of fast food in the United States is significantly driving the growth of the commercial cooking equipment market. With the proliferation of fast-food chains and quick-service restaurants (QSRs) catering to the fast-paced lifestyles of consumers, there is a growing demand for efficient and high-capacity cooking equipment. Regarding fast food consumption, the U.S. takes the forefront, with the average spending of approximately USD 1,200 annually on fast food, amounting to approximately USD 110 billion nationwide. Among fast-food chains, McDonald's remains the most favoured choice for many consumers in the nation.
As the United States maintains its position as a leader in fast food consumption, the x market is poised for sustained growth, propelled by the expansion and evolution of the fast-food sector. This trend underscores not only the nation's culinary preferences but also the indispensable role of restaurant cooking solutions in meeting the demands of a dynamic and ever-growing foodservice landscape.
The growing number of high-end hotels, responding to increased demand for premium hospitality experiences, necessitates sophisticated commercial cooking appliances and tools to meet the culinary expectations of their discerning guests. This heightened requirement for advanced cooking equipment to support luxury hotel operations has significantly fuelled the expansion of the overall commercial cooking equipment market.
In February 2024, B&B HOTELS, Europe’s fastest-growing midscale hotel brand, made its debut in the U.S. market with the opening of its first hotel in Orlando, Florida, marking a significant milestone. B&B HOTELS plans to revamp existing properties and construct new hotels, starting with Florida.
Additionally, Wyndham Hotels & Resorts, the world's largest hotel franchising company, expanded its portfolio to encompass 265 hotels in the U.S. and Canada by 2023. This expansion underscores the growing demand for advanced series cooking equipment and creates lucrative opportunities for equipment suppliers to provide tailored solutions for upscale establishments.
Mexico to Witness Substantial Growth in the North America CCE Market
The rapid expansion of full-service restaurants in Mexico is a key driver of the North America commercial cooking equipment market demand. These establishments provide comprehensive dining experiences with diverse menus and table service, catering to the evolving culinary preferences of consumers nationwide.
According to a 2022 report by the Government of Canada, full-service restaurants (FSRs) dominated Mexico's foodservice industry in terms of sales, generating USD 22.2 billion and accounting for 44.2% of the market's total value. These restaurants, known for offering a range of cuisines including traditional Mexican and international fusion, require a wide range of cooking equipment to efficiently prepare and serve their diverse menus.
The increase in tourism across Mexico has led to a rapid growth in the number of hotels throughout the country. With more tourists visiting popular destinations like beach resorts, cultural landmarks, and urban centres, the hospitality industry has expanded its range of accommodations. This rise in hotel establishments, driven by the growing tourist demand, is a significant catalyst for the commercial cooking equipment market in Mexico.
For instance, the partnership between Hyatt Hotels Corporation and Parks Hospitality Holdings, aiming to bolster Hyatt's presence in Mexico with four new properties. These include two Grand Hyatt hotels, a select-service option near Cancun International Airport, and the first Park Hyatt brand in Cancun, scheduled to open starting in 2024. As hotels strive to distinguish themselves and improve guest experiences, they will invest in advanced cooking equipment to ensure the quality and presentation of their food meets the expectations of discerning travellers.
Competitive Landscape
The key players operating in the North America commercial cooking equipment industry include AB Electrolux, Ali group SRL, Illinois Tool Works Inc., John Bean Technologies Corp., Middleby Corporation, Haier Group, Hoshizaki America Inc., Alto-Shaam Inc., Marmon Foodservice Technologies, Duke Manufacturing Company and others.
North America Commercial Cooking Equipment Market Key Segments
By Product Type
-
Broilers
-
Grills and Griddles
-
Cook Chill Systems
-
Refrigerators
-
Ovens
-
Dishwashers
-
Others
By Size
-
Small-Scale Equipment
-
Medium-Scale Equipment
-
Large-Scale Equipment
By End-User Industry
-
Full-Service Restaurants
-
Quick Service Restaurants
-
Catering
-
Railway Dining
-
Resorts & Hotel
-
Hospitals
-
Others
By Country
-
U.S.
-
Canada
-
Mexico
Key Players
-
AB Electrolux
-
Ali group SRL
-
Illinois Tool Works Inc.
-
John Bean Technologies Corp.
-
Middleby Corporation
-
Haier Group
-
Hoshizaki America Inc.
-
Alto-Shaam Inc.
-
Marmon Foodservice Technologies
-
Duke Manufacturing Company
REPORT SCOPE AND SEGMENTATION:
|
Parameters |
Details |
|
Market Size in 2023 |
USD 5.81 Billion |
|
Revenue Forecast in 2030 |
USD 7.80 Billion |
|
Growth Rate |
CAGR of 3.8% from 2024 to 2030 |
|
Market Volume in 2023 |
850 thousand Units |
|
Market Forecast in 2030 |
1433 thousand Units |
|
Volume Growth Rate |
CAGR of 7.0% from 2024 to 2030 |
|
Analysis Period |
2023–2030 |
|
Base Year Considered |
2023 |
|
Forecast Period |
2024–2030 |
|
Market Size Estimation |
Billion (USD) |
|
Market Volume Estimation |
Thousand Units |
|
Growth Factors |
|
|
Countries Covered |
3 |
|
Companies Profiled |
10 |
|
Market Share |
Available for 10 companies |
|
Customization Scope |
|
|
Pricing and Purchase Options |
Avail customized purchase options to meet your exact research needs. |
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