Press Release

Food Service Equipment Market 2020 Global Industry Analysis by Growth, Size, Revenue, Regional Demand, Trends and Forecasts to 2026

According to the report, published by Fortune Business Insights in a report, titled “Food Service Equipment Market Size, Share & Industry Analysis, By Equipment Type (Cooking & Preparation Equipment, Refrigeration Equipment, Warewashing Equipment, Storage & Handling Equipment, and Others), By Sales Channel (Online, and Offline), By End-user (Full Service Restaurant, Quick Service Restaurant, Hotels & Pub Bar Clubs, and Others) and Regional Forecast, 2019-2026” the market size was valued at USD 31.99 billion in 2018.The report incorporates several factors that have impacted the energy-efficient equipment market growth and share in recent years.

The global food service equipment market size is expected to reach USD 45.17 billion by 2026, exhibiting a CAGR of 4.5% during the forecast period

Besides providing insights on the growth stimulators, it reveals a few factors that have restricted the market growth. The report highlights a few of the leading products, significant companies, and considerable industry developments of recent times. The competitive landscape has been discussed in in-depth in the food service equipment market report. Forecast values for the market have been provided in the report for the period of 2019 to 2026. Moreover, the report recognizes areas that have witnessed the highest demand and applications for the product in recent years.

To Gain More Insights into the Market with Detailed Table of Content and Figures, Click Here – 

https://www.fortunebusinessinsights.com/food-service-equipment-market-102006

Some of the Prominent Companies Operating in the Food Service Equipment Market Include:

  • Welbilt
  • The Middleby Corporation
  • Ali Group S.r.l.
  • Standex International Corporation
  • Hoshizaki America, Inc.
  • FUJIMAK CORPORATION
  • ITW FOOD EQUIPMENT GROUP
  • Dover Corporation
  • Duke Manufacturing
  • The Vollrath Company, LLC
  • Haier Inc.
  • Smeg S.p.A.

Increasing Focus of Resturants towards Enhancing Customer services to Facilitate Growth in North America

North America is expected to witness significant growth in the forthcoming years owing to the increasing number of joints in the region. The growing investment by resturants to enhance their customer services will foster helathy growth of the market in North America. As per the data shared by the National Restaurant Association of the U.S., in 2019, the country had over one million restaurants. Asia Pacific was valued at USD 8.26 billion in 2018 and is projected to remain dominant during the forecast period owing to the prospering food industry in the region. As per the survey conducted by the National Restaurant Association of India (NRAI), the country’s food service industry is expected to reach around USD 843 billion by the end of 2023. Additionally, the rising demand for frozen food products in China and Japan is expected to boost the market revenue in Asia Pacific.

Market Segmentation – 

1. By Equipment Type

  • Cooking & Preparation Equipment
  • Refrigeration Equipment
  • Warewashing Equipment
  • Storage & Handling Equipment
  • Others (Serving Equipment, etc.)

2. By Sales Channel

  • Online
  • Offline

3. By End-user

  • Full Service Restaurant (FSR)
  • Quick Service Restaurant (QSR)
  • Hotels & Pub Bar Clubs
  • Others (General & Retail Stores, etc.)

4. By Region

  • North America (U.S. and Canada)
  • Europe (U.K., Germany, France, Italy and Rest of Europe)
  • Asia Pacific (Japan, China, India, Southeast Asia, and Rest of Asia Pacific)
  • Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)
  • Latin America (Brazil, Mexico, and Rest of Latin America)

Table of Content – 

5.Global Food Service Equipment Market Analysis, Insights and Forecast, 2015-2026
5.1.Key Findings / Summary
5.2.Market Sizing Estimations and Forecasts – By Equipment Type (Value)
5.2.1.Cooking & Preparation Equipment
5.2.2.Refrigeration Equipment
5.2.3.Warewashing Equipment
5.2.4.Storage & Handling Equipment
5.2.5.Others (Serving Equipment, etc.)
5.3.Market Sizing Estimations and Forecasts – By Sales Channel (Value)
5.3.1.Online
5.3.2.Offline
5.4.Market Sizing Estimations and Forecasts – By End-user (Value)
5.4.1.Full Service Restaurant (FSR)
5.4.2.Quick Service Restaurant (QSR)
5.4.3.Hotels & Pub Bar Clubs
5.4.4.Others (General & Retail Stores, etc.)
5.5.Market Analysis, Insights and Forecast – By Region (Value)
5.5.1.North America
5.5.2.Europe
5.5.3.Asia Pacific
5.5.4.Middle East & Africa
5.5.5.Latin America
6.North America Food Service Equipment Market Analysis, Insights and Forecast, 2015-2026
6.1.Key Findings / Summary
6.2.Market Sizing Estimations and Forecasts – By Equipment Type (Value)
6.2.1.Cooking & Preparation Equipment
6.2.2.Refrigeration Equipment
6.2.3.Warewashing Equipment
6.2.4.Storage & Handling Equipment
6.2.5.Others (Serving Equipment, etc.)
6.3.Market Sizing Estimations and Forecasts – By Sales Channel (Value)
6.3.1.Online
6.3.2.Offline
6.4.Market Sizing Estimations and Forecasts – By End-user (Value)
6.4.1.Full Service Restaurant (FSR)
6.4.2.Quick Service Restaurant (QSR)
6.4.3.Hotels & Pub Bar Clubs
6.4.4.Others (General & Retail Stores, etc.)
6.5.Market Analysis, Insights and Forecast – By Country (Value)
6.5.1.U.S.
6.5.2.Canada
TOC Continued…!!!

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Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data

At Fortune Business Insights™ we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

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Website: Fortune Business Insights™

View Related Reports:

About us:

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data

At Fortune Business Insights™ we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

Contact Us:

Fortune Business Insights™ Pvt. Ltd. 
Phone:
US :+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245
Email: [email protected]

Website: Fortune Business Insights™

 

Ruby Arterburn

Ruby is leading the team writing for artificial intelligence. She is a newcomer in the organization and has already made her base and reputation with her hard work and her efficiency towards her field. Being a student of computer science it has become easier for her to understand the objectives and the expected results of this column. She is also an excellent cook, and now and then, and we get the opportunity to taste her deliciously baked cookies.

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