Press release
Bespoke Units Market CAGR to be at a 7.4% | $320.4 Million Industry Revenue by 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.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ญ: https://www.alliedmarketresearch.com/request-sample/5344
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.
๐ ๐จ๐ซ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐ญ: https://www.alliedmarketresearch.com/purchase-enquiry/5344
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.
Key Findings of the Bespoke Units Market :
In 2018, based on end user, the starred restaurants segment was the highest contributor in the bespoke units market share. It is expected to grow at a steady CAGR of 7.4% from 2018 to 2025.
In 2018, based on end user, the premium cafes was the fastest growing category in the bespoke units market and is expected to reach $20.6 million by 2025.
In 2018, based on the country segment, France held the highest share in the bespoke units market and is expected to grow at the CAGR of 8.1% throughout the forecast period.
In 2018, based on the country segment, Iberia is estimated to grow at the fastest CAGR of 9.0% throughout the forecast period.
In 2018, based on the country segment, Italy contributed 13.9% of the total share of bespoke units market and is estimated to grow at a CAGR of 8.5% from 2018 to 2025.
๐๐ง๐จ๐ฐ ๐๐จ๐ซ๐- https://www.alliedmarketresearch.com/bespoke-units-market
๐๐๐๐๐๐๐๐ ๐๐๐๐๐๐๐ :-
๐๐๐ง๐๐ก๐๐ฅ๐ ๐ ๐๐ง๐ฌ ๐๐๐ซ๐ค๐๐ญ https://www.alliedmarketresearch.com/handheld-fans-market-A17759
๐๐จ๐ฆ๐ ๐๐๐ก๐๐๐ข๐ฅ๐ข๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ซ๐จ๐๐ฎ๐๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ https://www.alliedmarketresearch.com/home-rehabilitation-products-market-A16857
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