PUBLISHER: Grand View Research | PRODUCT CODE: 1941989
PUBLISHER: Grand View Research | PRODUCT CODE: 1941989
The global food service equipment market size was estimated at USD 41.47 billion in 2025 and is projected to reach USD 71.12 billion by 2033, growing at a CAGR of 7.0% from 2026 to 2033. The market has rapidly evolved following changes in customers' needs for outfitting their kitchen spaces.
Changing social customs coupled with technological progressions have created a dynamic marketplace for the equipment used in the end-use sector. The growing food service and hospitality sectors, including restaurants, cafes, and catering, are key drivers of market expansion.
Labor shortages are pushing operators to embrace multi-functional equipment, reducing human involvement while ensuring service quality is increasingly in demand. Stricter health and safety regulations are also driving the need for advanced equipment, such as ware-washing and storage solutions, to ensure hygiene and prevent contamination.
Global Food Service Equipment Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the global food service equipment market report based on type, end use, sales channel, and region: