Food Service Equipment Market to Witness Huge Growth by 2026 | Haier Electronics Group Co., Ltd., Duke Manufacturing Co. Inc., Illinois Tool Works (ITW) Inc., Fujimak Corporation, Duke Manufacturing Co and Others

Polaris Market Research has announced the addition of the "Food Service Equipment Market Report 2020-2026 Production, Sales And Consumption Status And Prospects Professional Research", The report classifies the global Food Service Equipment Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.

This report provides in depth study of " Food Service Equipment Market" using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organisation. The Food Service Equipment Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organisation such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organisation.

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Major companies covered in the report include:
o Dover Corporation
o Haier Electronics Group Co., Ltd
o Illinois Tool Works (ITW) Inc.
o Fujimak Corporation
o Duke Manufacturing Co. Inc.
o Ali Group
o Hoshizaki Corporation
o Middleby Corporation
o Manitowoc Company Inc
o AB Electrolux

The Global Food Service Equipment Market is anticipated to reach USD 62 billion by 2026 according to a new research published by Polaris Market Research. In 2020, the cooking and food & beverage preparation equipment segments dominated the global market, in terms of revenue. North America is expected to be the leading contributor to the global market revenue during the forecast period.

The updated report on the Food Service Equipment Market is segmented by

by Type
o Cooking Equipment
o Serving Equipment
o Refrigeration Equipment
o Storage Equipment
o Warewashing Equipment
o Food & Beverage Preparation Equipment
o Others

by End-Users
o Full Service Restaurants
o Quick Service Restaurants
o Hotels and Clubs
o Others

By Region
o North America (U.S., Canada)
o Europe (Germany, UK, France, Italy, Spain, RoE)
o Asia Pacific (China, India, Japan, South Korea, RoAPAC)
o Latin America (Brazil, Mexico, Colombia, RoLATAM)
o MEA (Saudi Arabia, South Africa, Israel, UAE, RoMEA)

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The North America Food Service Equipment market generated the highest revenue in the market in 2017, and is expected to lead the global market during the forecast period. The high living standards along with high disposable income in the region drive the market growth. Other factors supporting market growth in North America include growth in tourism industry, increasing awareness regarding energy efficient equipment, and growing adoption of smart technologies. The Asia-Pacific Food Service Equipment market is expected to grow at a significant rate during the forecast period owing to the increasing population and improving living standards.

The different end-users of food service equipment include hotels and clubs, full service restaurants, quick service restaurants, and others. In 2017, hotels and clubs accounted for the highest market share owing to increasing need to offer enhanced services to consumers. Hotels and clubs are increasingly adopting technologically advanced food service equipment to meet high storage demands and to offer fresh & high quality food. Food establishments are also inclined towards using energy efficient service equipment owing to growing environmental concerns.

Table of Contents

-- Report Overview: It includes the Food Service Equipment market study scope, players covered, key market segments, market analysis by application, market analysis by type, and other chapters that give an overview of the research study.

-- Executive Summary: This section of the report gives information about Food Service Equipment market trends and shares, market size analysis by region and analysis of global market size. Under market size analysis by region, analysis of market share and growth rate by region is provided.

-- Profiles of International Players: Here, key players of the Food Service Equipment market are studied on the basis of gross margin, price, revenue, corporate sales, and production. This section gives a business overview of the players and shares their important company details.

-- Regional Study: All of the regions and countries analyzed in the Food Service Equipment market report is studied on the basis of market size by application, the market size by product, key players, and market forecast.

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