India Catering Equipment Market (2024-2030) | Share, Outlook, Companies, Growth, Value, Forecast, Trends, Analysis, Size, Industry & Revenue

Topics Covered in India Catering Equipment Market Report

The India Catering Equipment Market Report thoroughly covers the market by type, application, and sales channel. The India Catering Equipment Market Outlook report provides an unbiased and detailed analysis of the ongoing India Catering Equipment Market trends, opportunities/high growth areas, and market drivers. This would help the stakeholders devise and align their market strategies according to the current and future market dynamics.

India Catering Equipment Market Synopsis

India catering equipment market is expected to reach significant growth in the coming years. The growth in the catering industry, especially in the food and beverage sector, is driving the demand for catering equipment in India. The increasing number of cafes, restaurants, hotels, and other food service establishments is propelling the need for efficient and modern catering equipment.

According to 6Wresearch, the India Catering Equipment Market size is projected to rise at a CAGR of 4% during 2024-2030. One of the major drivers of the Indian catering equipment market is the rising disposable income and changing consumer preferences. Moreover, government initiatives such as “Make in India” and “Atmanirbhar Bharat” are also expected to boost the growth of the catering equipment market in India. These initiatives aim to promote domestic manufacturing and reduce import dependency, providing opportunities for local manufacturers to increase their production of catering equipment.

However, there are also some challenges faced by the Indian catering equipment market. The high cost of catering equipment and maintenance services can be a hindrance for small-scale food service establishments. Additionally, the lack of skilled labour to operate advanced catering equipment can also pose a challenge for the India Catering Equipment Market growth.

Catering Equipment Market in India: Leading Players

Key players in the Indian catering equipment market include well-known global brands such as Hobart, Rational AG, Manitowoc Foodservice Equipment Pvt Ltd, and Middleby Corporation. These companies offer a wide range of products such as refrigerators, ovens, dishwashers, and other kitchen equipment. They have a strong presence in India and are constantly innovating to cater to the diverse needs of their customers.

India Catering Equipment Industry: Government Initiatives

The Indian government has taken several initiatives to support the growth of the catering equipment market. One such initiative is the 'Make in India' campaign, which aims to promote domestic manufacturing and boost the country's economy. This has led to an increase in investments by both domestic and international companies, further propelling the growth of the market.Another government initiative that has positively impacted the catering equipment market is the implementation of Goods and Services Tax (GST).

Future Insights of the Market

India catering equipment market is witnessing significant growth due to changing consumer preferences, government initiatives, and advancements in technology. With a focus on domestic manufacturing and sustainability, this market is expected to continue its growth trajectory in the coming years. Furthermore, the increasing demand for catering services and rise in food delivery platforms will also drive the demand for catering equipment in India. Manufacturers and suppliers must keep up with these trends to stay competitive in this rapidly growing market.

Market Segmentation by Type

According to Saurav, Senior Research Analyst, 6Wresearch, among the different types of catering equipment available in the market, cooking equipment has emerged as the dominant segment due to its high demand and usage in commercial kitchens. This includes equipment such as ovens, stoves, fryers, grills, and tandoors, which are essential for preparing a variety of dishes in large quantities.

Market Segmentation by Application

The full-service restaurants & hotels segment is currently the largest application category in the India catering equipment market. This can be attributed to the growing hospitality and tourism industry in India, leading to an increase in the number of hotels and restaurants.

Key Attractiveness of the Report

• 10 Years of Market Numbers.
• Historical Data Starting from 2020 to 2023.
• Base Year: 2023
• Forecast Data until 2030.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• India Catering Equipment Market Outlook
• Market Size of India Catering Equipment Market, 2023
• Forecast of India Catering Equipment Market, 2030
• Historical Data and Forecast of India Catering Equipment Revenues & Volume for the Period 2020-2030
• India Catering Equipment Market Trend Evolution
• India Catering Equipment Market Drivers and Challenges
• India Catering Equipment Price Trends
• India Catering Equipment Porter's Five Forces
• India Catering Equipment Industry Life Cycle
• Historical Data and Forecast of India Catering Equipment Market Revenues & Volume By Type for the Period 2020-2030
• Historical Data and Forecast of India Catering Equipment Market Revenues & Volume By Cooking Equipment for the Period 2020-2030
• Historical Data and Forecast of India Catering Equipment Market Revenues & Volume By Food Handling Equipment for the Period 2020-2030
• Historical Data and Forecast of India Catering Equipment Market Revenues & Volume By Refrigeration Equipment for the Period 2020-2030
• Historical Data and Forecast of India Catering Equipment Market Revenues & Volume By Food Preparation Equipment for the Period 2020-2030
• Historical Data and Forecast of India Catering Equipment Market Revenues & Volume By Other for the Period 2020-2030
• Historical Data and Forecast of India Catering Equipment Market Revenues & Volume By Application for the Period 2020-2030
• Historical Data and Forecast of India Catering Equipment Market Revenues & Volume By Full-service Restaurants & Hotels for the Period 2020-2030
• Historical Data and Forecast of India Catering Equipment Market Revenues & Volume By Quick-service Restaurants for the Period 2020-2030
• Historical Data and Forecast of India Catering Equipment Market Revenues & Volume By Pubs for the Period 2020-2030
• Historical Data and Forecast of India Catering Equipment Market Revenues & Volume By Caterers for the Period 2020-2030
• Historical Data and Forecast of India Catering Equipment Market Revenues & Volume By Sales Channel for the Period 2020-2030
• Historical Data and Forecast of India Catering Equipment Market Revenues & Volume By Manufacturer/Distributor/Service Provider for the Period 2020-2030
• Historical Data and Forecast of India Catering Equipment Market Revenues & Volume By Aftermarket for the Period 2020-2030
• India Catering Equipment Import Export Trade Statistics
• Market Opportunity Assessment By Type
• Market Opportunity Assessment By Application
• Market Opportunity Assessment By Sales Channel
• India Catering Equipment Top Companies Market Share
• India Catering Equipment Competitive Benchmarking By Technical and Operational Parameters
• India Catering Equipment Company Profiles
• India Catering Equipment Key Strategic Recommendations

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

By Type

• Cooking Equipment
• Food Handling Equipment
• Refrigeration Equipment
• Food Preparation Equipment
• Other

By Application

• Full-Service Restaurants & Hotels
• Quick-Service Restaurants
• Pubs
• Caterers

By Sales Channel

• Manufacturer/Distributor/Service Provider
• Aftermarket

India Catering Equipment Market (2024-2030): FAQs