Food & Beverage Market Research News

Food service equipment market is expected to grow at a CAGR of 5.16% by 2023

Food service equipment are mostly used in full service restaurants. However they are also gaining popularity in quick service restaurants.

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Market Highlights:

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.

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Key Players of Food Service Equipment Market:

  • 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.)
  • Electrolux AB (Sweden)

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.

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

Brief TOC:

1 Executive Summary

2 Research Methodology

2.1 Scope of the Study

2.1.1 Definition

2.1.2 Research Objective

2.1.3 Assumptions

2.1.4 Limitations

2.2 Research Process

2.2.1 Primary Research

2.2.2 Secondary Research

2.3 Market size Estimation

2.4 Forecast Model

3 Market Dynamics

3.1 Market Drivers

3.2 Market Inhibitors

3.3 Supply/Value Chain Analysis

3.4 Porter’s Five Forces Analysis

4 Global Food Service Equipment Market, By Product

4.1 Introduction

4.2 Cooking Equipment

4.3 Storage & Handling Equipment

4.4 Warewashing Equipment

4.5 Food Holding & Serving Equipment

4.6 Others

5 Global Food Service Equipment Market, By End-User

5.1 Introduction

5.2 Full Service Restaurants

5.3 Quick Service Restaurants

5.4 Caterers

5.5 Hotels & Clubs

5.6 Others

Continue…

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