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Key Influencer in the Food Display Cabinet Market 2025: Increase In Number Of Bakeries To Drive Growth In Food Display Cabinet Market Driver
How Are the key drivers contributing to the expansion of the food display cabinet market?The increasing number of bakeries is expected to drive the demand for food display cabinets. Bakeries specialize in fresh-baked goods like bread, pastries, and cakes. The demand for bakeries is rising as consumers seek fresh, convenient treats and diverse specialty items. Food display cabinets are used in bakeries to showcase products and keep them fresh. For example, the US Bureau of Labor Statistics reported that the number of private food and beverage stores, including bakeries, increased from 159,059 in 2022 to 160,758 in 2023. This trend is driving the demand for food display cabinets.
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What growth opportunities are expected to drive the food display cabinet market's CAGR through 2034?
The food display cabinet market has experienced strong growth in recent years. It will grow from $21.48 billion in 2024 to $23.54 billion in 2025, with a CAGR of 9.6%. The historic growth is driven by high demand for convenience foods, the need to keep food fresh, busy lifestyles, rising middle-class populations, and the increasing need for food display cases to preserve freshness.
The food display cabinet market is set for strong growth, reaching $33.65 billion by 2029 at a CAGR of 9.4%. Growth drivers include an increasing focus on food safety, the demand for remanufactured food display cabinets, the expansion of the food service industry, and a greater focus on sustainability and energy efficiency. Key trends include advancements in refrigeration technology, increased use of solar-powered displays, smart food cabinets, and improved temperature control systems.
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What are the emerging trends shaping the future of the food display cabinet market?
Companies in the food display cabinet market are innovating by introducing extended holding technology to improve food quality, reduce waste, and enhance food display efficiency in foodservice operations. Extended holding technology maintains optimal temperature and humidity for longer periods, helping preserve food freshness and quality. For instance, in July 2024, Alto-Shaam, Inc., a US-based foodservice equipment manufacturer, launched a new range of heated display cases with extended holding technology. These cases feature LED lighting and improved design options, enabling foodservice operators to display food for longer without compromising quality, thus increasing profits and reducing food waste.
Which growth-oriented segments of the food display cabinet market are leading the industry's development?
The food display cabinet market covered in this report is segmented -
1) By Type: Refrigerated Food Display Cabinets, Heated Food Display Cabinets
2) By Materials: Glass, Stainless Steel, Wood, Plastic
3) By End User: Supermarket And Hypermarket, Restaurants, Bakery, Other End Users
Subsegments:
1) By Refrigerated Food Display Cabinets: Vertical Refrigerated Display Cabinets, Horizontal Refrigerated Display Cabinets, Multideck Refrigerated Display Cabinets, Open-Front Refrigerated Display Cabinets, Glass Door Refrigerated Display Cabinets
2) By Heated Food Display Cabinets: Heated Holding Cabinets, Display Warmer Cabinets, Heated Glass Display Cabinets, Countertop Heated Food Display Cabinets
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Which geographical regions are pioneering growth in the food display cabinet market?
North America was the largest region in the food display cabinet market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the food display cabinet market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What companies are at the forefront of innovation in the food display cabinet market?
Major companies operating in the food display cabinet market are Carrier Global Corporation, The Middleby Corporation, Hoshizaki Corp, Epta Group, Standex International Corporation, Beverage Air Corp, Metalfrio Solutions S.A., True Manufacturing Company Inc, Master-Bilt Products LLC, Foster Refrigerator Ltd, Hatco Corporation, Alto-Shaam Inc., Lincat Group Plc., The Vollrath Company LLC, Federal Industries, Irinox S.p.A., APW Wyott, Thermodyne Food Service Products Inc., Skyfood Equipment LLC, BAMBAS FROST, Kareliya Equipments, Kitchnrama Food Service Equipment Pvt. Ltd.
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What Is Covered In The Food Display Cabinet Global Market Report?
•Market Size Forecast: Examine the food display cabinet market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the food display cabinet market for a structured understanding.
•Key Players Overview: Analyze major players in the food display cabinet market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the food display cabinet market.
•Segment Contributions: Evaluate how different segments drive overall growth in the food display cabinet market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the food display cabinet market.
•Industry Challenges: Identify potential risks and obstacles affecting the food display cabinet market.
•Competitive Landscape: Review strategic developments in the food display cabinet market, including expansions, agreements, and new product launches.
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