The strong growth in Food Service Equipment market is driven by growing demand for electricity efficient equipment coupled with an increasing number of consumers following the trend of dining out frequently and surging expenditure on food and beverages products by young population.
Additionally, Refrigeration & Ice Machine Equipment hold the major percentage share in the total market and is also the fastest growing segment. Among the regions, North America holds the largest market share mainly due to well established foodservice industry and restaurateurs demanding more energy efficient and technologically advanced equipment. However, APAC is expected to grow at a faster pace during forecasted period.Visit us: market research agency
What are the major Global Food Service Equipment Market covered in the Azoth Analytics report?
The major Global Food Service Equipment Market segments covered in the report include
Global Market, By Value (Actual Period: 2013-2017, Forecast Period: 2018-2023)
Food Service Equipment
• By Value
Breakdown – By Product Type
• Cooking Equipment
• Refrigeration & Ice Machine Equipment
• Storage & Handling Equipment
• Ware-washing & Sanitation Equipment
• Serving Equipment
• Others (Food Preparation Equipment)
Breakdown – By End User
• Full Service Restaurants
• Limited Service Restaurants
• Others
What are the regions and countries covered in the study on Global Food Service Equipment Market market?
The regional markets covered in the report include North America, Europe, Asia Pacific, and Rest of the World
The countries analyzed in the report include U.S., Mexico, Canada, United Kingdom, Germany, China, Japan, India, Brazil, South Africa
Name the companies profiled in the report?
The companies profiled in the report include Manitowoc Foodservice, Inc., ITW Food Equipment Group, The Middleby Corporation, Ali Group, Standex International, Vollrath Company LLC, IMI Cornelius, Rational AG, Dover Corporation, Hoshizaki Corp
What are the key factors driving the market of Global Food Service Equipment Market?
• Escalating Usage of technologically advanced equipment
• Growing food safety & Health concerns
• Rising employment and consumer disposable income
• Enhanced demand for processed and convenience food
Comments
Post a Comment