The food & drink services parts market taps into the hospitality and food service sectors to supply the essential components that ensure the functionality of kitchen equipment, beverage dispensers, and restaurant appliances. The market is driven by the demand for efficient and durable food service equipment and the rise of smart kitchen technologies.
As of 2024, global food and drink service parts market is worth about $40 billion, and it is estimated to grow at a steady CAGR of 5.2 percent from 2024 to 2030. The primary reasons for this included the rapid increase in the food service sector, the high paced technological advancement associated with kitchen equipment, and also increased demand from consumers for more automated and efficient food preparation systems.
The food & drink services parts market taps into the hospitality and food service sectors to supply the essential components that ensure the functionality of kitchen equipment, beverage dispensers, and restaurant appliances. The market is driven by the demand for efficient and durable food service equipment and the rise of smart kitchen technologies.
As of 2024, global food and drink service parts market is worth about $40 billion, and it is estimated to grow at a steady CAGR of 5.2 percent from 2024 to 2030. The primary reasons for this included the rapid increase in the food service sector, the high paced technological advancement associated with kitchen equipment, and also increased demand from consumers for more automated and efficient food preparation systems.
This industry stands for the design, manufacturing, distribution, and maintenance of parts used in food service appliances, beverage dispensers, and commercial kitchen equipment. These parts ensure the favorable functioning, safety, and longevity of food service operations globally.
1. Cooking Equipment Parts - e.g., burners, radiant heating elements, thermostats, and oven racks.
2. Refrigeration & Cooling Parts - e.g., compressors, condensers, fans, and cooling systems.
3. Beverage Dispenser Parts - More examples are coffee machine filters, soda dispenser nozzles, and brewing systems.
4. Food Preparation Equipment - e.g., mixer blades, motors for slicers, and dough kneaders.
5. Ventilation & Exhaust Systems - e.g., hood filters, fan motors, and grease traps.
6. Cleaning & Sanitization Equipment - e.g., dishwasher pumps, sterilization systems, and soap dispensers.
1. The system provides predictions and maintenance of smart and connected kitchen equipment in real time.
2. Versatile solutions use materials that are eco - friendly and energy-efficient.
3. Demand for Customization in Food Service Equipment Will Keep Growing—They Just Need Some Modular Parts to Grant Operational Flexibility.
4. Cloud Kitchen Expansion - Especially Those Meant for Ghost Restaurants—Will Need Performance-Packed Kitchen Gear and Equipment for Delivery.
5. Sanitization Meets New Technology - These Might Include UV Disinfection and Self-Cleaning.
The emergence of smart kitchens is characterized by an increasing number of appliances equipped with IoT capabilities and an AI-powered kitchen management solution.
Increase in Sustainable Equipment: The market is seeing increased demand for energy-efficient and recyclable materials for the manufacture of food service equipment.
Increasing Demand for Ghost Kitchens: Rising demand for cooking and delivery equipment with high performance.
Highly Automated Food & Drink Services: Robotic chefs, automated beverage dispensers, and self-cleaning systems are making their way into food and beverage operations.
Stringent Food Safety Regulations: Parts have to meet compliance regulations for global hygiene standards and high-quality demands.
1. Equipment Type: Cooking, refrigeration, beverage dispensing, preparation, sanitation.
2. End-users: restaurants, hotels, catering, fast food, and food processing facilities.
3. Distribution channels: OEMs, aftermarket suppliers, and e-commerce platforms.
4. Regions: North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa.
5. Dominating players in the food and drink service parts industry
1. Middleby Corporation - The foremost source of commercial food service equipment parts.
2. ITW Food Equipment Group - Manufacturers of food-processing and beverage-engineering components.
3. Welbilt Inc. - Market leaders in high-performance kitchen appliances, their replacement parts, and equipment.
4. Hoshizaki Corporation - Refrigeration and ice-making equipment specialists.
5. Electrolux Professional provides top - notch kitchen and beverage service solutions.
6. Ali Group is a giant multinational corporation that offers all kinds of food service equipment parts.