Global Food Service Equipment Market is estimated to reach $63 billion by 2024; growing at a CAGR of 5.6% between 2016 and 2024. Food service equipment is mainly designed for the commercial food and beverages industry.
2. Global Food Service Equipment Market is estimated to reach $63 billion by 2024;
growing at a CAGR of 5.6% between 2016 and 2024. Food service equipment is
mainly designed for the commercial food and beverages industry. People are now
day becoming foodie and prefer clean, hygienic and nutritious food. This has led to a
great transformation in the foodservice equipment industry. Restaurant owners are
trying to incorporate innovative equipment to meet the ever growing demand for food.
Moreover, increasing menu diversity has also led to redesign of equipment that make
smaller-batch food. Space saving equipment designed especially for the food trucks
in on rise. As display cooking in on popularity, more compact, smartphone or ipad
based apps to control equipment is also on rise.
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4. Growing digitalization and development of advanced products with internet connectivity is
expected to drive the food service equipment market. Moreover, increasing hotels,
restaurants, food joints and increasing awareness of energy consumption is also
expected to boost the growth of the market. However, high cost of equipment and high
maintenance cost may hinder the growth of the market. Untapped markets in emerging
economies could provide growth opportunities in upcoming years.
The food service equipment market is segmented based on the type, washware
equipment and geography. By type is further segmented into kitchen purpose,
refrigerator, storage, ware washing, food holding & serving and others. Furthermore,
washware equipment is segmented into booster heaters, dish washers, disposers, utensil
washer and others.
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6. Tupperware Brands Corporation
Dover Corporation
Welbilt Inc.
Ali S.p.A
Middleby Corporation
Hoshizaki Electric Co. Ltd.
Libbey Inc.
Ali Group
Cambro Manufacturing Company, Inc.
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7. The report will provide detailed analysis of Food Service Equipment Market with
respect to major segments such as type and washware equipment
The report will include the qualitative and quantitative analysis with market
estimation over 2015-2024 and compound annual growth rate (CAGR) between
2016 and 2024
Comprehensive analysis of market dynamics including factors and opportunities is
included in the report
An exhaustive regional analysis of Food Service Equipment Market will be
provided in the report
Profile of the key players in the Food Service Equipment Market will be provided,
which include key financials, product & services, new developments and business
strategies
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10. Chapter 7 Company Profiles
7.1 Tupperware Brands Corporation
7.2 Dover Corporation
7.3 Welbilt Inc
7.4 Ali S.p.A
7.5 Middleby Corporation
7.6 Hoshizaki Electric Co. Ltd.
7.7 Middleby Corporation
7.8 Libbey Inc.
7.9 Ali Group
7.10 Cambro Manufacturing Company, Inc.
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