Market Overview:
The global food preparation equipment market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for processed and ready-to-eat foods, rising disposable income, and growing urbanization. The slicers & peelers segment is projected to lead the global food preparation equipment market in terms of value during the forecast period. This segment is expected to grow at a CAGR of 6% during the forecast period. The mixers & grinders segment is projected to be the fastest-growing segment in terms of value during the forecast period.
Product Definition:
Food Preparation Equipment is any type of machinery or equipment that is used to help in the preparation of food. This can include things like mixers, blenders, knives, cutting boards, and ovens. The importance of food preparation equipment lies in its ability to make the process of preparing food easier and more efficient. It can help to speed up the process while also ensuring that all the ingredients are evenly mixed together or cooked properly.
Slicers & Peelers:
Slicers & peelers are used for cutting or peeling vegetables and fruits. They are also used to cut garnishes, herbs, cheese etc. into uniform pieces or sizes for better consumption. Slicer is a kitchen utensil that consists of two blades attached by a flexible plastic or metal armature.
Mixers & Grinders:
Mixers and grinders are used in food preparation equipment to mix or grind the ingredients for a particular process. The most common application of these devices is in bakery products, where they are used for mixing the dry ingredients such as flour, sugar, cocoa powder and others.
The market is expected to witness significant growth over the forecast period owing to increasing demand from developing countries such as India and China on account of growing population coupled with rising per capita income.
Application Insights:
The restaurants, hotels, pubs, and other food service applications segment accounted for the largest share of more than 50.0% in 2017. The application is expected to witness significant growth on account of increasing disposable income among the population coupled with growing spending on food and beverages at restaurants, hotels, pubs and other food service places around the world.
The household sector is expected to expand at a CAGR of XX% from 2018 to 2030 owing to rising demand for convenience foods such as frozen meals that are easy to prepare compared with preparing them from scratch which has become difficult due to busy lifestyles most people have nowadays. This will result in higher demand for processed foods which includes canned goods along with ready-to-eat packaged foods that require minimal cooking skills compared with traditional family meals where everyone had duties like preparing vegetables/fruits etc.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing awareness regarding a healthy diet, growing demand for convenience food, and rising adoption of modern food preparation techniques coupled with an increase in spending power among consumers. Moreover, presence of prominent players such as Cuisinart; Conair; KitchenAid; and Braun is also contributing toward industry growth in this region.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to factors such as changing lifestyle habits along with increasing disposable income especially among middle-class income groups that enable them access better quality products at affordable prices resulting into increased adoption across various segments including domestic application.
Growth Factors:
- Increasing demand for processed and packaged food products
- Rising disposable income of consumers
- Rapid urbanization and changing lifestyle trends
- Proliferation of supermarkets and retail stores
- Growing popularity of home-cooking
Scope Of The Report
Report Attributes
Report Details
Report Title
Food Preparation Equipment Market Research Report
By Type
Slicers & Peelers, Mixers & Grinders, Food Blenders, Processors, Others
By Application
Restaurants, Hotels, Pubs, Household, Others
By Companies
Haier, Electrolux, Hoshizaki, Illinois Tool Works, Ali, Welbilt, Dover, Middleby, Rational, Standex International, Haier, The Vollrath Company, Duke Manufacturing, Alto-Shaam, Boelter
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
146
Number of Tables & Figures
103
Customization Available
Yes, the report can be customized as per your need.
Global Food Preparation Equipment Market Report Segments:
The global Food Preparation Equipment market is segmented on the basis of:
Types
Slicers & Peelers, Mixers & Grinders, Food Blenders, Processors, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Restaurants, Hotels, Pubs, Household, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Haier
- Electrolux
- Hoshizaki
- Illinois Tool Works
- Ali
- Welbilt
- Dover
- Middleby
- Rational
- Standex International
- Haier
- The Vollrath Company
- Duke Manufacturing
- Alto-Shaam
- Boelter
Highlights of The Food Preparation Equipment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Slicers & Peelers
- Mixers & Grinders
- Food Blenders
- Processors
- Others
- By Application:
- Restaurants
- Hotels
- Pubs
- Household
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Food Preparation Equipment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Food preparation equipment is any piece of equipment used in the kitchen to prepare food. This can include appliances like ovens, microwaves, and blenders; tools like knives and cutting boards; and utensils like pots and pans.
Some of the major players in the food preparation equipment market are Haier, Electrolux, Hoshizaki, Illinois Tool Works, Ali, Welbilt, Dover, Middleby, Rational, Standex International, Haier, The Vollrath Company, Duke Manufacturing, Alto-Shaam, Boelter.
The food preparation equipment market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Food Preparation Equipment Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Food Preparation Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Food Preparation Equipment Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Food Preparation Equipment Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Food Preparation Equipment Market Size & Forecast, 2020-2028
4.5.1 Food Preparation Equipment Market Size and Y-o-Y Growth
4.5.2 Food Preparation Equipment Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Slicers & Peelers
5.2.2 Mixers & Grinders
5.2.3 Food Blenders
5.2.4 Processors
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Restaurants
6.2.2 Hotels
6.2.3 Pubs
6.2.4 Household
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Food Preparation Equipment Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Food Preparation Equipment Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Slicers & Peelers
9.6.2 Mixers & Grinders
9.6.3 Food Blenders
9.6.4 Processors
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Restaurants
9.10.2 Hotels
9.10.3 Pubs
9.10.4 Household
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Slicers & Peelers
10.6.2 Mixers & Grinders
10.6.3 Food Blenders
10.6.4 Processors
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Restaurants
10.10.2 Hotels
10.10.3 Pubs
10.10.4 Household
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Slicers & Peelers
11.6.2 Mixers & Grinders
11.6.3 Food Blenders
11.6.4 Processors
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Restaurants
11.10.2 Hotels
11.10.3 Pubs
11.10.4 Household
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Slicers & Peelers
12.6.2 Mixers & Grinders
12.6.3 Food Blenders
12.6.4 Processors
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Restaurants
12.10.2 Hotels
12.10.3 Pubs
12.10.4 Household
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Slicers & Peelers
13.6.2 Mixers & Grinders
13.6.3 Food Blenders
13.6.4 Processors
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Restaurants
13.10.2 Hotels
13.10.3 Pubs
13.10.4 Household
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Food Preparation Equipment Market: Competitive Dashboard
14.2 Global Food Preparation Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Haier
14.3.2 Electrolux
14.3.3 Hoshizaki
14.3.4 Illinois Tool Works
14.3.5 Ali
14.3.6 Welbilt
14.3.7 Dover
14.3.8 Middleby
14.3.9 Rational
14.3.10 Standex International
14.3.11 Haier
14.3.12 The Vollrath Company
14.3.13 Duke Manufacturing
14.3.14 Alto-Shaam
14.3.15 Boelter
