Commercial Food Equipment Manufacturers – Industry Analysis, Statistics, Trends, and Forecasts

SIC 3556 & 3589 | NAICS 333241 & 333310

This free online guide to industry research and analysis provides sources for industry statistics, trends, and forecasts, financial ratios, salary surveys, and more.

See the following sections listed below to view available resources by category:

Industry Analysis, Statistics, Trends, and Forecasts

Financial Statements and Financial Ratios

Compensation and Salary Surveys

BV Guides and Databases

For guides to other industries, see our index of over 400 industries.

Industry Analysis, Statistics, Trends, and Forecasts

Industry Research Reports
Commercial Cooking Equipment Manufacturing (view report)
Food Processor and Blender Manufacturing (view report)

Comprehensive industry research reports provide in-depth industry analysis and five-year forecasts, with special focus on the underlying structure and external forces and relationships that affect industries and their performance. Topics addressed in the reports include:

Market size and major product and service segments
Key industry statistics, trends, and financial ratios
Operating conditions and current performance
Competitive landscape and environment
Major company profiles and market shares
Five-year outlook and growth forecasts

Sample industry research report and selected industry statistics including market size, five-year average growth rate, number of businesses, and total employment are available free online.

North American Association of Food Equipment Manufacturers
Size & Shape of the Industry Study
https://www.nafem.org/

Biennial report provides a detailed analysis of NAFEM-member company sales by product category, with major categories covered by the report including food preparation; primary cooking; refrigeration and icemaking; storage, handling, and serving; smallwares, cookware, and kitchen utensils; tabletop and servingware; warewashing, janitorial, and safety; and decor, custom fabrication, and furnishings.

International Foodservice Manufacturers Association
Operator Landscape Portal
http://www.ifmaworld.com/

Free online tool provides information on the foodservice industry's size, outlook, and expenditures by operator segment for restaurants (e.g., QSR, fast casual, mid-scale, casual dining, fine dining), retail (e.g., supermarket, c-store), education (e.g., K-12, college/university), business/industry (e.g., office, manufacturing), travel/leisure (e.g., lodging, recreation), and healthcare (e.g., hospital, senior living).

Technavio
Commercial Foodservice Equipment Market in the U.S.
https://www.technavio.com/

Market research report provides a comprehensive analysis of the U.S. market for this product sector, with data provided including market size and forecast by product segment (e.g., preparation, primary cooking, refrigeration and ice making, food holding and serving, storage and handling, ware washing, and disposables and gloves) and end-user market segment (e.g., restaurant, hotel, retail, and other).

Freedonia Group
Commercial Refrigeration Equipment: United States
https://www.freedoniagroup.com/

Freedonia Focus research report analyzes market demand and shipments at the manufacturer level, with information provided in the report including historical demand and forecasts by product segment (e.g., refrigerators and freezers, beverage/transportation refrigeration, other products, and parts) and end-use market (e.g., foodservice; food and beverage production, distribution, and retail; and other).

AMR Research
Foodservice Equipment
https://www.alliedmarketresearch.com/

Comprehensive report provides a detailed analysis of the food service equipment market on a global basis, with information provided including market size and forecast by product type (e.g., preparation, cooking, serving, storage and handling, and ware washing), market (e.g., full-service restaurants and hotels, quickserve restaurants and pubs, and catering), and global region (e.g., North America, U.S.).

Grand View Research
Foodservice Equipment
https://www.grandviewresearch.com/

Market research study analyzes the market for this product sector on a global basis, with information provided in the report including historical and forecast revenue by product (e.g., kitchen, refrigeration, ware washing, food holding and serving), wash ware (e.g., booster heaters, dish washers, disposers, utensil washers) and geographic region (e.g., North America, Europe, Asia-Pacific, rest of the world).

BizMiner Market Analysis Reports
Commercial Food Equipment Manufacturers
https://www.bizminer.com Search for "333241" and "333310" to see available reports

Market analysis reports provide industry statistics for a user-defined area on a national, state, county, metro area, or zip code level, with data provided including number of companies, market volume and sales trends, average company sales, sales per employee, staffing and employment trends, average employee wage, and business start up activity and failure rates. Sample report can be viewed online.

More industry research reports »

Financial Statements and Financial Ratios

BizMiner Industry Financial Ratios
Commercial Food Equipment Manufacturers

https://www.bizminer.com Search for "333241" and "333310" to see available reports

Five-year financial statement analysis reports provide income statements, balance sheets, and key industry financial ratios for companies of all sizes, with financial data available by sales size range on a national, state, and metropolitan area level including:

Income and expenses in dollars and percentages
Balance sheets in dollars and percentages
Profitability and return on investment ratios
Liquidity and working capital ratios
Asset turnover and efficiency ratios
Capital structure and debt service ratios

Sample financial statement and ratio analysis report is available free online.

Industry Research Reports
Commercial Food Equipment Manufacturing

(see links for individual reports) (sample spreadsheet)

Financial benchmarks section provides detailed comparative income statements and balance sheets and over twenty-five industry financial ratios, with financial benchmarks available for each of the five most recent fiscal years and on a historical average basis for three-year, five-year, and ten-year time periods. Sample spreadsheet that includes breakdowns by total asset size can be viewed free online.

More financial benchmarking data »

Compensation and Salary Surveys

North American Association of Food Equipment Manufacturers
NAFEM Compensation & Benefits Study
https://www.nafem.org/

Compensation survey provides salary, wage, and benefits information for personnel employed in the foodservice equipment manufacturing industry, with compensation data broken out by primary line of business, annual sales, and region, and benefits covered including health, dental, and life insurance, vacation and paid leave, and retirement and profit sharing plans. Study is available to members only.

PayScale, Inc.
Food Processing Equipment Manufacturing
https://www.payscale.com/

Free online service provides salary, bonus, and hourly wage data for job positions in this sector such as sales manager, mechanical design engineer, project engineer, mechanical designer, field service technician, production supervisor, machinist, T.I.G. welder, and assembler, with employers for which salary or wage data is provided including Hobart Corp., JBT Foodtech, and Robert Reiser & Co., Inc.

More compensation surveys »

BV Guides and Databases

BVMarketData
Private Company Sales Transaction Databases
https://www.bvresources.com/

Free "Visitor Search" allows users to search the DealStats, BIZCOMPS, and FactSet/BVR databases for private company sales transaction data by SIC or NAICS Code using the following codes:

– SIC Codes 3556 and 3589 - Commercial Food Machinery and Equipment Manufacturing

– NAICS Codes 333241 and 333310 - Commercial Food Machinery and Equipment Manufacturing

Types of establishments included in these codes

Food processing machinery manufacturers - establishments engaged in manufacturing machinery for processing raw food materials, such as grinders, slicers, mixers, and blenders, that are used to create a wide range of food products.

Bakery machinery producers - establishments that manufacture products designed for commercial bakeries, such as ovens, dough mixers and dividers, and proofing cabinets, that are used to produce bread, pastries, and other baked goods on a large scale.

Beverage production machinery manufacturing - establishments that specialize in producing machinery such as bottling and canning lines, carbonation systems, and pasteurizers that are used in the beverage industry to produce a variety of drinks.

Dairy processing machinery production - establishments in the production of machinery for the dairy industry, such as pasteurizers, homogenizers, and separators, that are used to process milk and produce dairy products like cheese, yogurt, and ice cream.

Snack food machinery manufacturers - establishments that specialize in manufacturing machinery for producing snack foods, such as extruders, fryers, and roasters, that are used to create a wide range of snack products, including chips, popcorn, and nuts.

Confectionery machinery producers - establishments that produce machinery for the confectionery industry, such as chocolate tempering machines, candy depositors, and enrobing machines, that are used to create chocolates, candies, and other sweet treats.

Commercial cooking equipment manufacturing - establishments that specialize in the production of products such as grills, fryers, steamers, and broilers used by restaurants, caters, and other foodservice establishments to prepare food for consumption.

Food preparation equipment production - establishments that manufacture products such as food processors, vegetable cutters, and slicers that are used in professional kitchens and foodservice establishments to efficiently prepare ingredients for cooking.

Commercial refrigeration equipment manufacturers - establishments primarily engaged in producing refrigeration equipment specifically designed for food storage and preservation in commercial settings, such as walk-in coolers, freezers, and refrigerated display cases.

Sample reports with detailed sales transaction data and valuation multiples are available free online.

More valuation data »

Related Industries:
Caterers and Catering Services
Foodservice Equipment and Supplies Distributors
Food Service Contractors
Restaurants and Sandwich Shops

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