Cooking Equipment Market - Statistics & Insights

The global cooking equipment market is witnessing steady growth, driven by increasing consumer interest in home cooking, technological innovations, and expansion in the commercial foodservice sector. In 2024, the market was valued at approximately USD 291.3 billion and growing at a CAGR of 5.5%. Key segments include commercial kitchen equipment, cookware, kitchen appliances, cooking tools, professional cooking equipment, food preparation equipment, baking equipment, cooking ranges, stoves, ovens, fryers, grills, induction cookers, cooking accessories, kitchenware, and smart kitchen appliances.