(Food-Beverage-News.Com, February 24, 2017 ) Global Food Service Equipment Market is forecasted to grow at a CAGR of 4.55% by 2021.
The strong growth in food Service Equipment market is driven by rise in per capita disposable consumer income, lower unemployment rate, need to replace or upgrade existing equipment and growing concern towards food safety and health.
Highlights of the Report:
A comprehensive research report created through extensive primary research inputs from industry experts, companies, stakeholders and secondary research, the report aims to present the analysis of global food Service Equipment market on the basis of By Product –Cooking, Refrigeration & Ice Machine, Storage & Handling, Warewashing & Sanitation, Serving, Food Preparation; By End User – Full Service Restaurants, Limited Service Restaurants and Others
Food Service Equipment Market Research Report covers the present scenario and the growth prospects of the Food Service Equipment Industry for 2016-2021. Report covers the market landscape and its growth prospects over the coming years and discussion of the Leading Companies effective in this market. Food Service Equipment Market, has been prepared based on an in-depth market analysis with inputs from industry experts. To calculate the market size, the report considers the revenue generated from the sales of Food Service Equipment globally.
Regional Analysis:
Global food Service Equipment market has been segmented on the basis of Product –Cooking, Refrigeration & Ice Machine, Storage & Handling, Warewashing & Sanitation, Serving, Food Preparation; By End User – Full Service Restaurants, Limited Service Restaurants; Region (North America, Europe, APAC and ROW), Country(US, Canada, Mexico, UK, Germany, Japan, China, India, Brazil and South Africa).
Refrigeration & Ice Machine Equipment hold the major percentage share in the total market and is also the fastest growing segment. Among the regions, North America holds the largest market share mainly due to well established foodservice industry and restaurants there demanding more energy efficient and technologically advanced equipment. However, APAC is expected to grow at a faster pace during forecasted period.
Leading Companies of Food Service Equipment Market:
Manitowoc Foodservice, Inc. ITW Food Equipment Group The Middleby Corporation Ali Group Standex International Vollrath Company, LLC IMI Cornelius Rational AG Dover Corporation Hoshizaki Corp
By End User Full Service Restaurants Limited Service Restaurants Others
Global Food Service Equipment Market Segment by Region
North America Europe Asia Pacific ROW
Detailed List of Table and Figures Covered in Global Food Service Equipment Market Report:
Research Methodology Research Assumptions Executive Summary Strategic Recommendations Global Food Service Equipment Market Outlook Product Overview Global Food Service Equipment Industry: Growth and Forecast By Value (2011-2015) By Value (2016-2021) Company Profiles: Global Food Service Equipment Industry By Value (2011-2015) By Value (2016-2021) By Manufacturing By Type By Technology PEST Analysis- Global Food Service Equipment Market Market Dynamics Market Growth Drivers Market Restraints Porter Five Force Analysis – Global Food Service Equipment Market Global Trade Data Analysis Food Service Equipment Market: Value Chain Analysis Regional Market Analysis
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