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Global Food Service Equipment Market Will Reach At CAGR Of 4.55% Between 2016-2021

Press Release   •   Aug 22, 2017 05:57 EDT

Latest industry research report on: Global Food Service Equipment Market | Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts

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; By Region (North America, Europe, APAC and ROW), and By Country (US, Canada, Mexico, UK, Germany, Japan, China, India, Brazil and South Africa).

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Global Food Service Equipment Market is forecasted to grow at a CAGR of 4.55% during 2016 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.

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.

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According to Azoth Analytics research report, Global Food Service Equipment Market By Product Type, By End User, By Region, By Country (2016-2021), Global Food Service Equipment Market is projected to exhibit a CAGR of over ~4.55% during 2016 - 2021. 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).

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Scope of the Report

The report provides coverage by Type, Mode of Application and End User:

By Product Type

  • Cooking Equipment
  • Refrigeration & Ice Machine Equipment
  • Storage & Handling Equipment
  • Warewashing & Sanitation Equipment
  • Serving Equipment
  • Food Preparation Equipment

By End User

  • Full Service Restaurants
  • Limited Service Restaurants
  • Others

By Region

  • Europe
  • North America
  • APAC
  • ROW

By Country

  • US
  • Canada
  • Mexico
  • UK
  • Germany
  • Japan
  • China
  • India
  • Brazil
  • South Africa

Report Highlights:

Primary Research: Interviews conducted with key management people to gain quality responses and deeper insights.

Secondary Research: Data and insights from industry associations, annual reports, company presentations, premium journals and internal database.

Actual Period: Historical and current market sizing (2012-2015)

Forecast Period: Projected market sizing (2016E-2021F)

Companies Covered: Manitowoc Foodservice, ITW Food Equipment Group, The Middleby Corporation, Ali Group, Standex International, Vollrath Company, LLC, IMI Cornelius, Rational AG, Dover Corporation, Hoshizaki Corp

Strategic Recommendations

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