Commercial Kitchen Knives Market Size, Share & Trends Analysis Report By Cutting Edge (Plain, Serrated), By Type (Chef’s Knife, Utility & Paring Knife), By End-use, By Region, And Segment Forecasts, 2024 - 2030
Commercial Kitchen Knives Market Growth & Trends
The global commercial kitchen knives market size is expected to reach USD 1.33 Billion by 2030, growing at a CAGR of 6.2% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market growth is driven by the increasing adoption of technologically advanced kitchen knives by the consumers. For instance, kitchen knife manufacturers are using precision manufacturing techniques to produce knives with precise blade geometries, thin edges, and uniform bevels, resulting in exceptional cutting performance and balance.
Kitchen knives serve as indispensable tools, offering numerous advantages compared to conventional knives, including enhanced ease of use, efficient chopping and slicing capabilities, and improved control. The rising inclination toward culinary professions and the widespread adoption of cafeterias in educational institutions and workplaces have significantly driven the demand for kitchen knives.
Professional chefs and cooks are seeking knives that offer superior performance and customization options to meet their specific needs and preferences. Benchmade, Inc., a U.S.-based knife brand, offers a variety of knives, including cutlery, outdoor, hunting, and tactical knives. The company offers commercial kitchen knives such as Meatcrafter knives and table knives.
Moreover, key players are prioritizing technological and digital advancements to remain competitive in the market. For instance, brands like Benchmade are embracing digital transformation to enhance the user experience and connect with a wider audience as professional chefs and cooks are demanding high-quality kitchen tools. In August 2023, Benchmade Knife Company (Benchmade, Inc.) launched its revamped website, featuring innovative customization tools.
The prevalence of workplace safety concerns associated with improper knife usage is a major challenge for the commercial kitchen knives market. Accidents and injuries resulting from mishandling, inadequate training, and equipment deficiencies pose significant risks to kitchen staff and can lead to lost productivity, increased healthcare costs, and legal liabilities for food service establishments. Addressing workplace safety concerns is essential to building trust and confidence in the market and ensuring the well-being of kitchen staff.
Moreover, there is a lack of awareness and education regarding proper knife-handling techniques and safety protocols among kitchen staff. Many employees may not receive adequate training on how to safely use and maintain kitchen knives, leading to a higher risk of accidents and injuries. Manufacturers and industry stakeholders must prioritize education and training initiatives to increase awareness of best practices and promote a culture of safety in commercial kitchen environments.
Furthermore, the increasing hospitality sector across the region is accelerating the market growth over the forecast period. For instance, in March 2024, IHG Hotels & Resorts achieved a significant milestone in the Asia Pacific (APAC) region by surpassing the mark of 1,012 open hotels. This accomplishment signifies the global hospitality company's commitment to expanding its presence and accelerating growth across the region.
Commercial Kitchen Knives Market Report Highlights
- The growing hospitality industry, which comprises hotels, resorts, cruise lines, and event venues, is a key factor driving the growth of the market.
- Plain cutting edge knives accounted for a significant revenue share in 2023. The increasing demand for plain commercial kitchen knives can be attributed to a wide scope of functionality, such as chopping, slicing, skinning, dicing, and mincing among various end users. Plain commercial kitchen knives remain a popular choice among chefs and kitchen staff due to their versatility, precision, ease of maintenance, and compatibility with traditional sharpening methods.
- In commercial kitchen settings, chef’s knives held a substantial revenue share in 2023. The ergonomic design and balanced weight of chef's knives allow for efficient and precise cutting, contributing to increased productivity in commercial kitchens. Moreover, chef's knives are renowned for their versatility, as they can perform a wide range of kitchen tasks like slicing, dicing, chopping, and mincing.
- The demand for kitchen knives in food services is expected to grow at a significant growth rate from 2024 to 2030. As the food service sector continues to grow and diversify, there is a greater need for high-quality knives to meet the demands of professional chefs and kitchen staff. Moreover, the rising popularity of dining out and the expansion of restaurant chains and catering services further contribute to the growing demand for commercial kitchen knives in the food service industry.
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