Global Commercial Kitchen Market 2024-2028

Global Commercial Kitchen Market 2024-2028

Technavio has been monitoring the commercial kitchen market and is forecast to grow by USD 1002.4 mn during 2023-2028, accelerating at a CAGR of 7.47% during the forecast period. Our report on the commercial kitchen market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased investment in R and D for new technology development, increasing adoption of demand-controlled kitchen ventilation, and growing foodservice industry.

Technavio's commercial kitchen market is segmented as below:

By Type

• Type I hood
• Type II hood

By Product

• Wall-mounted canopy hoods
• Proximity hoods
• Island canopy hoods

By Geographical Landscape

• APAC
• Europe
• North America
• South America
• Middle East and Africa

This study identifies the increasing demand for energy-efficient products as one of the prime reasons driving the commercial kitchen market growth during the next few years. Also, changing complex operations of commercial kitchens and evolving cooking style due to changing consumer food preferences will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the commercial kitchen market covers the following areas:

• Commercial kitchen market sizing
• Commercial kitchen market forecast
• Commercial kitchen market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading commercial kitchen market vendors that include Captive Aire Systems Inc., Carroll Manufacturing International, Climecon Oy, CS Ventilation, Daikin Industries Ltd., Dover Corp., Greenheck Fan Corp., HANIL HOLDINGS CO. LTD., HCE, Illinois Tool Works Inc., Loren Cook Co., Melink Corp., Halton Group Oy Ltd, Revac Systems, RevLight Solutions Pte Ltd., Spring Air Systems, Systemair AB, The Middleby Corp., Thermotek, and Weather Control Solutions India Pvt. Ltd.. Also, the commercial kitchen market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.