The global foodservice equipment market is projected to reach $60.2 billion by 2032 as operators add capacity and efficiency under rising cost pressure. In 2023, cooking equipment led the market with a 35% share, while refrigeration growth in the U.S. rose 7% year over year to account for 28% of total equipment sales. The report breaks down equipment segments and regional demand to show where buying momentum is building next.
Key Takeaways
- Cooking equipment segment dominated with 35% share in global foodservice equipment market in 2023
- Refrigeration equipment sales grew 7% YoY in U.S. foodservice in 2023, comprising 28% of total equipment sales
- Warewashing machines accounted for 22% of European foodservice equipment purchases in 2023
- U.S. foodservice equipment market saw highest demand in California with 18% regional share in 2023
- China dominated Asia-Pacific foodservice equipment market with 55% share in 2023, valued at $5.8 billion
- Germany led European market with 22% share of €10.2 billion in 2023 foodservice equipment sales
- Quick-service restaurants drove 45% of U.S. foodservice equipment demand in 2023
- Sustainability focus led to 28% increase in energy-star certified equipment sales globally 2023
- Labor shortages boosted automation equipment adoption by 22% in 2023 Europe
- Connected IoT-enabled foodservice ovens grew 25% in adoption in 2023 globally
- Energy-efficient refrigeration units with CO2 tech captured 40% new installs U.S. 2023
- Induction cooking equipment sales up 18% due to smart controls in Europe 2023
- The global foodservice equipment market size was valued at USD 36.5 billion in 2022 and is expected to grow at a CAGR of 5.2% from 2023 to 2030
- U.S. commercial foodservice equipment market revenue reached $12.4 billion in 2023, with a projected CAGR of 4.8% through 2028
- Foodservice cooking equipment segment accounted for 38% of the global market share in 2022, valued at approximately USD 13.9 billion
In 2023, cooking and refrigeration led foodservice equipment growth, while technology upgrades accelerated adoption worldwide.
Related reading
01 · Category
Equipment Segments29 stats
01
Cooking equipment segment dominated with 35% share in global foodservice equipment market in 2023
02
Refrigeration equipment sales grew 7% YoY in U.S. foodservice in 2023, comprising 28% of total equipment sales
03
Warewashing machines accounted for 22% of European foodservice equipment purchases in 2023
04
Food preparation equipment like slicers and mixers held 18% market share globally in 2022
05
Beverage equipment segment, including dispensers, represented 12% of U.S. market sales in 2023 at $1.8 billion
06
Ventilation hoods and systems made up 15% of North American foodservice equipment installations in 2023
07
Deep fat fryers accounted for 25% of cooking equipment sales in quick-service restaurants globally in 2023
08
Display and merchandising cases comprised 14% of retail foodservice equipment in 2023, valued at $2.1 billion
09
Ice makers and dispensers held 10% share in beverage-adjacent equipment for bars and hotels in 2023
10
Pizza ovens and conveyor systems represented 8% of specialized cooking equipment sales in 2023
11
Commercial dishwashers in warewashing segment grew 9% in sales volume in Asia-Pacific 2023
12
Holding and warming cabinets accounted for 11% of buffet and catering equipment market in 2023
13
Sinks and plumbing fixtures made up 7% of foodservice prep area equipment in U.S. 2023
14
Grills and griddles dominated hot food holding with 32% share in full-service restaurants 2023
15
Blast chillers in refrigeration segment grew 12% in high-end kitchens Europe 2023
16
Coffee brewers and espresso machines 16% of beverage equipment in cafes worldwide 2023
17
Worktables and shelving units 20% of storage equipment sales globally 2023
18
Combi ovens led steam cooking with 45% share in Europe foodservice 2023
19
Under-counter refrigerators 25% of compact refrigeration sales in small outlets 2023
20
Convection ovens 28% of bakery equipment in foodservice 2023 U.S.
21
High-speed ovens 5% emerging share in QSR equipment 2023 globally
22
Rotisseries and rotimatic ovens 9% in rotisserie chicken segment 2023
23
Pass-thru dishwashers 18% of high-volume warewashing in hotels 2023
24
Reach-in coolers 35% of walk-in alternatives in mid-size kitchens 2023
25
Charbroilers 22% of grill category sales in casual dining 2023 U.S.
26
Steamers 15% of vegetable cooking equipment globally 2023
27
Bottle coolers 12% of bar refrigeration equipment 2023
28
Tilt skillets/braises 6% of braising equipment in institutional kitchens 2023
29
Door-type dishwashers 30% share in large-scale operations 2023
Interpretation
Equipment Segments Interpretation
While kitchens remain hotbeds of innovation, the humble fryer, grill, and combi oven still form the unglamorous backbone of the global foodservice industry, reminding us that high-volume frying and baking reliably trump fleeting culinary trends.
02 · Category
Geographic Distribution30 stats
01
U.S. foodservice equipment market saw highest demand in California with 18% regional share in 2023
02
China dominated Asia-Pacific foodservice equipment market with 55% share in 2023, valued at $5.8 billion
03
Germany led European market with 22% share of €10.2 billion in 2023 foodservice equipment sales
04
Mexico foodservice equipment imports grew 11% YoY in 2023, holding 35% Latin America share
05
India contributed 28% to South Asia foodservice equipment market in 2023 at $1.2 billion
06
Texas accounted for 12% of U.S. foodservice equipment installations in 2023
07
UK foodservice equipment market 15% of Western Europe total in 2023
08
Brazil held 40% Latin America market share for cooking equipment in 2023
09
Japan 20% of East Asia foodservice refrigeration market in 2023
10
Florida U.S. state 9% share in hotel foodservice equipment 2023
11
France 18% European warewashing equipment sales 2023
12
UAE led Middle East with 45% foodservice equipment growth region in 2023
13
Australia 60% Oceania market share foodservice equipment 2023 $850M total
14
South Korea 15% Northeast Asia cooking equipment 2023
15
New York state 14% U.S. urban foodservice equipment demand 2023
16
Italy 16% Southern Europe display cases market 2023
17
Argentina 25% South America prep equipment 2023
18
Saudi Arabia 30% GCC ventilation equipment sales 2023
19
Canada 85% North America non-U.S. share 2023 $1.1B
20
Spain 12% Mediterranean foodservice market 2023
21
Indonesia 22% Southeast Asia overall equipment 2023
22
Illinois U.S. 8% Midwest equipment installations 2023
23
Netherlands 10% Benelux refrigeration 2023
24
Turkey 18% Eastern Med foodservice growth 2023
25
Thailand 19% ASEAN warewashing 2023
26
Ontario Canada 40% national equipment sales 2023
27
Poland 14% CEE cooking equipment 2023
28
Vietnam 16% Indochina market share 2023
29
Ohio U.S. 7% manufacturing hub equipment 2023
30
Sweden 9% Nordic refrigeration 2023
Interpretation
Geographic Distribution Interpretation
The global appetite for foodservice equipment reveals a clear tale of culinary capitals, from California's 18% dominance in the U.S. to Germany's leadership in Europe and China's commanding 55% slice of the Asia-Pacific market, proving that where we love to eat, we invest heavily to cook and serve.
03 · Category
Industry Trends & Forecasts28 stats
01
Quick-service restaurants drove 45% of U.S. foodservice equipment demand in 2023
02
Sustainability focus led to 28% increase in energy-star certified equipment sales globally 2023
03
Labor shortages boosted automation equipment adoption by 22% in 2023 Europe
04
Plant-based menu rise increased specialty prep equipment 19% sales 2023 U.S.
05
Post-pandemic hygiene equipment upgrades 41% operators priority 2023 survey
06
E-commerce direct-to-operator sales channel grew 31% for equipment 2023
07
Multi-functional equipment preference up 26% cost-saving measure 2023 APAC
08
Inflation impacted 37% equipment budgets downward in full-service 2023 U.S.
09
Cloud kitchen boom forecasted to drive 15% CAGR equipment to 2028 globally
10
52% operators plan refrigeration upgrades for efficiency by 2025 per 2023 survey
11
Vegan/veggie steamers demand up 24% institutional segment 2023
12
Subscription models for equipment maintenance rose 20% 2023 U.S.
13
Outdoor dining equipment persistent demand 18% above pre-2020 levels 2023
14
AI menu engineering influencing oven specs 14% chains forecasting 2024
15
Recycling compliance drove 29% waste management add-ons 2023 Europe
16
Mobile ordering integration with POS-equipment sync 33% new installs 2023
17
Aging infrastructure led 27% replacement cycles shortened 2023 U.S.
18
Halal/kosher compliant equipment demand +21% Middle East/Asia 2023
19
Forecast: Foodservice equipment market to hit $50B by 2027 at 5.5% CAGR
20
61% operators cite supply chain issues delaying equipment 2023 survey
21
Fine dining shift to induction 23% projected growth 2024-2026
22
Used/refurbished equipment sales up 17% budget constraints 2023
23
Contactless payment integrated kiosks 25% QSR forecast adoption 2025
24
Water-saving warewashers mandated in 12 U.S. states by 2024 per trends
25
Dark kitchen ventilation retrofits 30% increase 2023-2025 forecast
26
Personalized nutrition equipment for health-focused chains 12% rise 2023
27
ESG reporting influencing 36% procurement decisions 2023 global
28
Robot-assisted prep stations 8% pilot success rate forecasting scale 2025
Interpretation
Industry Trends & Forecasts Interpretation
In 2023, the foodservice equipment industry raced to keep up with a demanding, cost-conscious, and planet-aware operator who, while desperately short-staffed and navigating supply chain snarls, simultaneously craved automation, sustainability, specialized vegan gear, a shiny online shopping experience, and a dishwasher that wouldn’t guzzle the budget or the local water supply.
More related reading
04 · Category
Innovation & Technology30 stats
01
Connected IoT-enabled foodservice ovens grew 25% in adoption in 2023 globally
02
Energy-efficient refrigeration units with CO2 tech captured 40% new installs U.S. 2023
03
Induction cooking equipment sales up 18% due to smart controls in Europe 2023
04
AI-optimized inventory management in prep equipment adopted by 15% large chains 2023
05
UV-C disinfection warewashers increased 30% market penetration hospitality 2023
06
Touchless beverage dispensers 22% of new bar installs globally 2023 post-COVID
07
3D-printed custom kitchen components used in 8% high-end projects 2023 U.S.
08
Solar-powered mobile foodservice units grew 35% in emerging markets 2023
09
Predictive maintenance sensors in ventilation systems 12% adoption Europe 2023
10
Hybrid combi-steam ovens with app control 28% sales growth 2023
11
Blockchain-tracked supply chain for equipment parts 5% in pilots 2023
12
Voice-activated kitchen assistants integrated in 10% smart kitchens 2023 U.S.
13
Nanotech anti-microbial surfaces on 20% new counters/prep tables 2023
14
5G-enabled remote monitoring for fryers 14% QSR chains 2023
15
Biodegradable filtration in grease traps 18% new installs 2023 Europe
16
AR/VR training for equipment maintenance 25% operator training 2023
17
Hydrogen fuel cell backup for critical refrigeration 3% luxury hotels 2023
18
Self-cleaning ovens with pyrolysis tech 32% premium segment 2023
19
RFID asset tracking in 16% multi-site operations 2023 U.S.
20
Quantum sensors for precise temp control in 4% avant-garde kitchens 2023
21
Modular plug-and-play equipment designs 27% new builds 2023 APAC
22
Biometric access controls on high-security equipment 7% casinos/hotels 2023
23
LED UV lighting in display cases 40% energy savings standard 2023
24
Autonomous cleaning robots for floors around equipment 11% large kitchens 2023
25
Edge computing for real-time recipe adjustment in ovens 9% chains 2023
26
Recyclable composite materials in 19% shelving units 2023 Europe
27
Holographic menu integration with equipment displays 2% pilots 2023
28
Wearable IoT for chef-equipment interaction 6% Michelin stars 2023
29
Carbon capture filters in ventilation 13% green certified kitchens 2023
30
Generative AI for equipment design optimization 4% R&D firms 2023
Interpretation
Innovation & Technology Interpretation
The kitchen of 2023 was less a room and more a hyper-efficient, data-obsessed orchestra of high-tech gadgets, relentlessly conducting itself toward sustainability, safety, and a future where even the ovens have trust issues and the fryers have their own 5G signal.
05 · Category
Market Size & Revenue30 stats
01
The global foodservice equipment market size was valued at USD 36.5 billion in 2022 and is expected to grow at a CAGR of 5.2% from 2023 to 2030
02
U.S. commercial foodservice equipment market revenue reached $12.4 billion in 2023, with a projected CAGR of 4.8% through 2028
03
Foodservice cooking equipment segment accounted for 38% of the global market share in 2022, valued at approximately USD 13.9 billion
04
Europe foodservice equipment market was worth €10.2 billion in 2023, driven by quick-service restaurants growth
05
Asia-Pacific region held 42% of global foodservice equipment market revenue in 2023, totaling USD 17.3 billion
06
Refrigeration equipment in foodservice generated $8.7 billion globally in 2022, with 6.1% CAGR forecast to 2030
07
U.S. foodservice equipment aftermarket services market size was $3.2 billion in 2023, growing at 5.5% CAGR
08
Global beverage dispensing equipment market for foodservice reached $2.1 billion in 2023, CAGR 4.9% to 2030
09
Commercial kitchen ventilation equipment market valued at $1.8 billion in North America in 2022
10
Foodservice equipment leasing market in the U.S. was $1.5 billion in 2023, up 7% YoY
11
Global foodservice equipment market CAGR projected at 5.4% from 2024-2032, reaching $60.2 billion by 2032
12
Latin America foodservice equipment market size $2.8 billion in 2023, CAGR 6.2%
13
U.S. pizza oven equipment segment revenue $450 million in 2023
14
Middle East & Africa foodservice equipment market $1.9 billion in 2022, 5.8% CAGR
15
Online sales channel for foodservice equipment grew to 22% market share in 2023 globally
16
Commercial deep fryer market size $1.2 billion worldwide in 2023, CAGR 4.7%
17
U.S. foodservice equipment installation services market $2.1 billion in 2023
18
Global ice machine market for foodservice $2.4 billion in 2023, 5.3% CAGR to 2030
19
Food prep equipment segment valued at $7.6 billion globally in 2022
20
Canada foodservice equipment market $1.1 billion in 2023, CAGR 4.9%
21
Warewashing equipment market $4.5 billion globally in 2023
22
U.K. foodservice equipment market revenue £2.3 billion in 2023
23
Global display cases market for foodservice $3.2 billion in 2022, CAGR 5.1%
24
Australia foodservice equipment market $850 million in 2023
25
Serving equipment segment $2.9 billion globally in 2023, CAGR 4.6%
26
U.S. foodservice equipment exports $4.2 billion in 2023
27
China foodservice equipment market $10.5 billion in 2023, 7.2% CAGR
28
Global food trucks equipment add-on market $1.3 billion in 2023
29
India commercial kitchen equipment market $1.7 billion in 2023
30
Foodservice equipment rental market global $2.6 billion in 2022, CAGR 6.0%
Interpretation
Market Size & Revenue Interpretation
The world isn't just hungry—it's increasingly demanding a fleet of precisely calibrated, leased, and expertly installed machines to feed its cravings, with the entire industry humming along to the tune of a $60 billion future by 2032.
Reference
Cite This Report
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APA
Priya Chandrasekaran. (2026, February 13). Foodservice Equipment Industry Statistics. Gitnux. https://gitnux.org/foodservice-equipment-industry-statistics
MLA
Priya Chandrasekaran. "Foodservice Equipment Industry Statistics." Gitnux, 13 Feb 2026, https://gitnux.org/foodservice-equipment-industry-statistics.
Chicago
Priya Chandrasekaran. 2026. "Foodservice Equipment Industry Statistics." Gitnux. https://gitnux.org/foodservice-equipment-industry-statistics.
Sources & references
100 datasets cited across this report · attribution is report-level