Food Service Equipment Market Regional Analysis, Market Share and Forecast to 2023

Market Research Future published a research report on “Food Service Equipment Market Research Report- Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Global Food Service Equipment Market by Product (Cooking Equipment, Storage & Handling Equipment, Warewashing Equipment, Food Holding & Serving Equipment and Others), End-User (Full Service Restaurants, Quick Service Restaurants, Caterers, Hotels & Clubs and Others) & by Region - Global Forecast to 2023

Market Highlights

Food service equipment are mostly used in full service restaurants. However they are also gaining popularity in quick service restaurants. One of the major drivers of global food service equipment market is the increasing demand for energy efficient products. With various government regulations making it mandatory to meet Environmental Protection Agency (EPA) standards, the adoption of energy efficient products has increased.

The Global Food Service Equipment Market is expected to grow at a CAGR of around 5.16% during the period.

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Market Research Analysis

The global food service equipment market has been analyzed based on the three segments, namely product, end-user and regions. On the basis of product, the global food service equipment market is segmented as cooking equipment, storage & handling equipment, warewashing equipment, food holding & serving equipment and others. Warewashing equipment segment is expected to dominate, as they are used in maintaining the cleanliness of the kitchen and also in automatic cleaning of the used utensils.

Based on end-users, the global food service equipment market is bifurcated as full service restaurants, quick service restaurants, caterers, hotels & clubs and others. Among these, full service restaurants segment is projected to lead, owing to growth in hotel industry in developing nations.

Key Players

Meiko (Germany), Hobart Corporation (U.S.), Ali Group S.p.A (Italy), Fujimak Corporation (Japan), Manitowoc Company Inc. (U.S.), Hoshizaki Electric Co., Ltd. (Japan), Dover Corporation (U.S.), Duke Manufacturing Co. Inc. (U.S.), Tupperware Brands Corporation (U.S.) and Electrolux AB (Sweden) are some of the leading players operating in the global food service equipment market.

Target Audience

• Manufactures
• Raw Materials Suppliers
• Aftermarket suppliers
• Research Institute / Education Institute
• Potential Investors
• Key executive (CEO and COO) and strategy growth manager

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Scope of the Report

This study provides an overview of the global food service equipment market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for Asia-Pacific, North America, Europe and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global food service equipment market by its product, by end-user and regions.

By Product
• Cooking Equipment
• Storage & Handling Equipment
• Warewashing Equipment
• Food Holding & Serving Equipment
• Others

By End-User
• Full Service Restaurants
• Quick Service Restaurants
• Caterers
• Hotels & Clubs
• Others

By Region
• Asia Pacific
• North America
• Europe
• Rest of World

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