France Cooking Equipment Market Size, Share, and COVID-19 Impact Analysis, By Product (Food Processors, Mixers & Grinders, Oven, Grills & Toasters, Water Purifiers, Refrigerators, Dishwashers, and Others), By End-User (Full-Service Restaurants, Quick-Services Restaurants, and Catering), and France Cooking Equipment Market Insights, Industry Trend, Forecasts to 2033

Industry: Consumer Goods

RELEASE DATE Sep 2024
REPORT ID SI6182
PAGES 230
REPORT FORMAT PathSoft

France Cooking Equipment Market Insights Forecasts to 2033

  • The France Cooking Equipment Market Size was valued at USD 87.1 Million in 2023.
  • The Market is growing at a CAGR of 2.90% from 2023 to 2033
  • The France Cooking Equipment Market Size is expected to reach USD 115.9 Million by 2033

France Cooking Equipment Market

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The France Cooking Equipment Market is anticipated to exceed USD 115.9 Million by 2033, growing at a CAGR of 2.90% from 2023 to 2033. The increasing urbanization in the country and rising demand for cooking equipment are driving the growth of the cooking equipment market in the France.     

 

Market Overview

Cooking equipment is the tools or machines that aid in preparing consistent and high-quality dishes. These are used in common kitchen tasks including cutting food items to size, heating food on an open fire or a stove, baking, grinding, mixing, blending, and measuring. They are widely utilized in the hotel, catering, and restaurant sectors of the food service industry. In order to counter the rapidly rising costs of running, food, labor, and real estate, they enable end users such as quick-service restaurants to serve meals to patrons as rapidly as possible while conserving valuable space. The introduction of mechanization and standardization to kitchen equipment are enhancing the market growth for cooking equipment. Further, the development of innovative cooking equipment such as gas stoves, steam ovens, and mechanical mixers for enhancing efficiency and consistency offers lucrative market growth opportunities. Further, the integration of novel technologies such as internet of things (IoT) and artificial intelligence (AI) are also responsible for enhancing market growth.

 

France Cooking Equipment Market Report Coverage

Report CoverageDetails
Base Year:2023
Market Size in 2023:USD 87.1 Million
Forecast Period:2023-2033
Forecast Period CAGR 2023-2033 :2.90%
2033 Value Projection:USD 115.9 Million
Historical Data for:2019-2022
No. of Pages:230
Tables, Charts & Figures:102
Segments covered:By Product, By End-User and COVID-19 Impact Analysis
Companies covered:: Charvet, Sofinor, Bonnet International, AB Electrolux, Capic, Ali Group, and Others Key vendors.
Pitfalls & Challenges:COVID-19 Empact, Challenges, Future, Growth, & Analysis

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Report Coverage

This research report categorizes the market for the France cooking equipment market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the France cooking equipment market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the France cooking equipment market.

 

Driving Factors

The continuous growth in the food service industry with the increasing preference for fast food in the country drives the market expansion for cooking equipment. The extensive use of cooking equipment in the commercial sector including restaurants, hotels, and others for preparing a wide range of foods with minimum human intervention is propelling the market growth. Further, the technological advancement in cooking equipment is driving the market. The growing urbanization and increase in the working population in France are significantly responsible for propelling the market growth. Client’s shifting preference for kitchen space furnishings along with changing food consumption patterns, and the burgeoning hospitality industry are the factors driving the market expansion.

 

Restraining Factors

The increased cost of sophisticated equipment restricts the market growth, especially in the low-income regions.

 

Market Segmentation

The France Cooking Equipment Market share is classified into product and end-user.

 

  • The oven segment dominated the market with a significant market share in 2023.

The France cooking equipment market is segmented by product into food processors, mixers & grinders, oven, grills & toasters, water purifiers, refrigerators, dishwashers, and others. Among these, the oven segment dominated the market with a significant market share in 2023. The oven segment comprises conventional, convection, microwave, and combination based on heating technology. The increasing disposal income and improvement in living standards with urbanization are driving the market demand.   

 

  • The quick-services restaurants segment segment dominated the France cooking equipment market during the forecast period.       

Based on the end-user, the France cooking equipment market is divided into full-service restaurants, quick-services restaurants, and catering. Among these, the quick-services restaurants segment dominated the France cooking equipment market during the forecast period. A quick-service restaurant efficiently and uniformly serves inexpensive meals. The establishment of franchisee locations by well-known restaurant chains in France is responsible for driving the market.

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the France cooking equipment market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

 

List of Key Companies

  • Charvet
  • Sofinor
  • Bonnet International
  • AB Electrolux
  • Capic
  • Ali Group
  • Others

 

Key Target Audience

  • Market Players
  • Investors
  • End-users
  • Government Authorities 
  • Consulting And Research Firm
  • Venture capitalists
  • Value-Added Resellers (VARs)

 

Recent Developments

  • In April 2024, Groupe SEB announced the success of a €150m, 12-year private placement, with leading institutional investors. It reflects investors’ confidence in Groupe SEB's long-term strategy and prospects, following the oversubscribed Schuldschein financing of €650m in December 2023 and a €495m Club Deal arranged with its relationship banks in March 2024
  • In March 2024, Fortifi Food Processing Solutions, which supplies food processing equipment and automation solutions, reported that it’s acquired Reich Thermoprozesstechnik GmbH, which supplies thermos-processing systems for red meat, fish, poultry, cheese, pet food and other food markets.
  • In March 2023, French cooking equipment brand Rosinox signed Exclusive Ranges for UK export. Modular appliances, semi-bespoke and fully bespoke cooking lines would be supplied through Hertfordshire-based firm

 

Market Segment

This study forecasts revenue at France, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the France Cooking Equipment Market based on the below-mentioned segments:

 

France Cooking Equipment Market, By Product

  • Food Processors
  • Mixers & Grinders
  • Oven
  • Grills & Toasters
  • Water Purifiers
  • Refrigerators
  • Dishwashers
  • Others

 

France Cooking Equipment Market, By End-User

  • Full-Service Restaurants
  • Quick-Services Restaurants
  • Catering

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