UK Food Service Equipment Market Size & Outlook, 2023-2030
UK food service equipment market, 2018-2030 (US$M)
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UK food service equipment market highlights
- The UK food service equipment market generated a revenue of USD 1,959.1 million in 2023 and is expected to reach USD 3,012.8 million by 2030.
- The UK market is expected to grow at a CAGR of 6.3% from 2024 to 2030.
- In terms of segment, kitchen purpose equipment was the largest revenue generating product in 2023.
- Kitchen Purpose Equipment is the most lucrative product segment registering the fastest growth during the forecast period.
Food service equipment market data book summary
| Market revenue in 2023 | USD 1,959.1 million |
| Market revenue in 2030 | USD 3,012.8 million |
| Growth rate | 6.3% (CAGR from 2023 to 2030) |
| Largest segment | Kitchen purpose equipment |
| Fastest growing segment | Kitchen Purpose Equipment |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Kitchen Purpose Equipment, Refrigeration Equipment, Ware Washing Equipment, Food Holding & Storing Equipment, Other Product |
| Key market players worldwide | Electrolux AB Class B, Dover Corp, Haier Smart Home Co Ltd ADR, Smeg, The Middleby Corp, Ali Group, Duke Manufacturing |
Other key industry trends
- In terms of revenue, UK accounted for 5.4% of the global food service equipment market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany food service equipment market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 4,103.0 million by 2030.
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Food Service Equipment Market Scope
Food Service Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
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UK food service equipment market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to food service equipment market will help companies and investors design strategic landscapes.
Kitchen purpose equipment was the largest segment with a revenue share of 41.94% in 2023. Horizon Databook has segmented the UK food service equipment market based on kitchen purpose equipment, refrigeration equipment, ware washing equipment, food holding & storing equipment, other product covering the revenue growth of each sub-segment from 2018 to 2030.
The significant growth in the establishment of new restaurants across the UK is substantially driving the market for food service equipment. As culinary entrepreneurs and renowned chefs look to capitalize on diverse food trends and the rising consumer demand for unique dining experiences, the need for innovative, efficient, and high-quality kitchen tools and appliances is growing.
As per the data published by the Office of National Statistics in March 2023, the total number of restaurants in the UK increased by 6.2% in 2022 due to the influx of investments. With the growing number of restaurants, the demand for advanced cooking ranges and smart food storage solutions is growing.
Restaurants are investing in state-of-the-art equipment to ensure operational efficiency, enhance food quality, and comply with stringent health and safety standards. This ongoing expansion in the restaurant sector directly translates to a vibrant, competitive landscape in the food service equipment market.
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Target buyers of UK food service equipment market databook
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Our clientele includes a mix of food service equipment market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the UK food service equipment market , including forecasts for subscribers. This country databook contains high-level insights into UK food service equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK food service equipment market size, by product, 2018-2030 (US$M)
UK Food Service Equipment Market Outlook Share, 2023 & 2030 (US$M)
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