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Sales of Bespoke Units Market is Valued at $320.4 Million as of 2025 - Report by amr Insightful read.

07-16-2023 05:07 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Allied market research

Sales of Bespoke Units Market is Valued at $320.4 Million as

Allied Market Research published a report, titled, "Bespoke Units Market by End User (High Production Kitchen, Starred Restaurants, Commercial Bars & Restaurants, and Premium Cafés): Opportunity Analysis and Industry Forecast, 2018-2025." According to the report, the global bespoke units market garnered $213.9 million in 2018, and is expected to reach $357.2 million in 2025, registering a CAGR of 7.6% from 2018 to 2025.

Surge in number of luxury hotels, increase in hospitality sector, and diversification in culinary activities drive the growth of the market. However, high cost of bespoke units restrains the market growth. On the other hand, technological advancements and effects of TVs & media create new opportunities in the industry.

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Starred restaurants segment to continue its leadership status by 2025

Based on end user, the starred restaurants segment accounted for the major market share in 2018, contributing more than two-fifths of the total share, and is estimated to continue its leadership status during the forecast period. This is due to high frequency in cross country travels and surge in disposable income of people. The premium cafes segment is expected to register the largest CAGR of 8.2% from 2018 to 2025. This is attributed to rise in affinity of consumers toward fast food and caffeinated drinks with changes in lifestyle.

France to maintain its dominant position throughout the forecast period

On the basis of country, France contributed the major market share in 2018, accounting for nearly one-fifth of the total share. This region would to maintain its dominant position throughout the forecast period. This is due to cultural preferences for food and wine, increase in number of food outlets, and rise of the transport and hospitality industry. However, Iberia is expected to register the fastest growth rate with a CAGR of 9.0% from 2018 to 2025, owing to rise in demand for cooked food from restaurants, premium food outlets, canteen, and hotels along with utilization of bespoke units for raising visual appeal and efficiency.

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Torchbearers of the market

Leading market players analyzed in the report are Molteni, Marrone, Maestro, and Athanor. The report offers insights on key strategies, product portfolio, pain point analysis, and overview of these market players

TABLE OF CONTENT :-
CHAPTER 1: INTRODUCTION

1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.4. Research methodology

1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. Key findings

2.1.1. Top investment pockets

2.2. CXO perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Market Share Analysis
3.3. Market dynamics

3.3.1. Drivers

3.3.1.1. Rise in the number of luxury hotels and growth in hospitality sector
3.3.1.2. Diversification in culinary activities

3.3.2. Restraint

3.3.2.1. High cost

3.3.3. Opportunities

3.3.3.1. Technological advancements and effect of TV media

3.4. End User Need and Perceptions

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Allied Market Research is market research, consulting, and advisory firm of Allied Analytics LLP. Founded in 2013, the firm has been instrumental in offering high-quality syndicated and customized market research reports, consulting services, and useful insights to leading market players, startups, investors, and stakeholders. Driven by the aim to eliminate sub-standard data and become a successful partner for organizations, Allied Market Research has been innovating continuously, expanding the product & service portfolio, and implementing the client-first approach since its inception. With the clientele spanning more than 7,000 organizations that also include a majority of Fortune 500 companies, AMR has a proven track record of helping and serving the global clientele and playing a major role in their success.

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