Commercial Cooking Equipment Market with Coronavirus (Covid-19) Effect Analysis | Likewise Industry is Booming Globaly with Key Players Ali S.p.A, Illinois Tool Works Inc., Duke Manufacturing Co. Inc., The Middleby Corporation, Alto-Shaam, Inc., Edward Do

Global Commercial Cooking Equipment Market accounted for $9,105 million in 2016, and is expected to reach $11,740 million by 2023, registering a CAGR of 3.8% from 2017 to 2023. Commercial cooking equipment play a vital role in the food service & processing industry. Cooking equipment, such as ovens and fryers, are used to prepare numerous raw & cooked food items. These equipment are popularly used in restaurants, hotels, and other commercial kitchens for ease in food preparation, increase in food safety, and reduction in labor & operational cost.

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Restaurants have been gaining popularity among consumers, owing to changing lifestyle and growing influence toward outside food. Increase in popularity of creative cooking and baking among consumers has availability of a variety of cuisines for consumers. The revenue source for food service equipment market is based on the sales, after service, and replacement of food service equipment.

The market segmentation is based on type, end user, and geography. Based on type, it is classified into braising pans/ tilting skillets, broilers/ char broilers/ grills/ griddles, cook-chill systems, fryers, ovens, cookers, ranges, kettles, steamers, and others. On the basis of end user, it is categorized into full service restaurant & hotels, quick service restaurants, and catering service. The market is analyzed based on region into North America, Europe, Asia-Pacific, and LAMEA.

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Market Players in the Value Chain Ali S.p.A., Illinois Tool Works Inc., Duke Manufacturing Co. Inc., The Middleby Corporation, Alto-Shaam, Inc., Edward Don & Company, Fujimak Corporation, Manitowac Company Inc., Rational AG, AB Electrolux

Other Players in the Value Chain Standex International Corporation, The Vollrath Company, LLC, Waring.

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