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Foodservice Equipment Manufacturers – Industry Analysis, Statistics, Trends, and Forecasts

SIC 3589  |  NAICS 332215, 333241, & 333318

The following 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:

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

Industry Analysis, Statistics, Trends, and Forecasts


Foodservice Equipment Manufacturing  (view individual reports)
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:
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
http://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 Food Service 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
Food Service 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
Food Service Equipment
http://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
https://www.bizminer.com

Market analysis report provides 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 Resources
For more industry research reports and other resources, see the following resource guide.

Financial Statements and Financial Ratios


BizMiner
Industry Financial Ratios
Foodservice Equipment Manufacturers
https://www.bizminer.com  Search for "332215", "333241", and "333318"
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:
Sample reports on a national and metropolitan area level are available free online.

IBISWorld
Commercial Foodservice Equipment Manufacturing
(view individual reports)

Financial benchmarking section of these reports provides an analysis of industry profit and expenses as a percentage of annual revenues for companies that manufacture commercial cooking equipment (e.g., fryers, ranges, microwaves, steamers), ovens (e.g., convection, rotisserie, pizza), refrigerators and display cases, ice making machines, and dishwashers (e.g., undercounter, conveyor, door-type).



Compensation and Salary Surveys


North American Association of Food Equipment Manufacturers
NAFEM Wage & Benefits Study
http://www2.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.



Business Valuation Resources


BVMarketData
www.bvresources.com
Private company sales transaction data for over 800 industries.



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

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