Press Release
Global Food Service Equipment Market is Expected to Reach $63 Billion by 2024 Says, Variant Market Research
 Published Date:  Mar 2017  Publish By: Variant Market Research

Global Food Service Equipment Market Report, published by Variant Market Research, forecast that the global market is expected to reach $63 billion by 2024 from $41 billion in 2016; growing at a CAGR of 5.6% from 2016 to 2024. By geography, Asia Pacific and rest of the world (RoW) are expected to grow at a CAGR of 7.7% and 6.4%, respectively, during the forecast period.

"Food Service Equipment Market (By Type: Kitchen Purpose, Refrigerator, Storage, Ware Washing, Food Holding & Serving and Others; By Wash Ware Equipment: Booster Heaters, Dish Washers, Disposers, Utensil Washer and Others; By Geography: North America, Europe, Asia-Pacific and RoW) Global Scenario, Market Size, Outlook, Trend and Forecast, 2015-2024"

To browse the complete report, visit at https://www.variantmarketresearch.com/report-categories/consumer-electronics/food-service-equipment-market

High penetration of digitalization and development of advanced products with internet connectivity is expected to support the growth of the food service equipment market. Moreover, increase in number of hotels, restaurants, food joints and increasing awareness of energy consumption is also expected to fuel the growth of the market.

By type, kitchen purposes and refrigeration accounted for 28.9% and 21.3% of market share respectively, in the year 2016. Furthermore, in washware equipment segment, dish washers and disposers accounted 35.5% and 19.6% shares respectively, in 2016.

Asia Pacific is the fastest growing region in the global foodservice equipment market, and is expected to continue this trend owing to rapid growth in urbanization and growing trend for consumption of ready to eat and processed food. North America accounted the largest share of the market with 38.6% followed by Europe with 24.6%, in the year 2016.

Key market players include Tupperware Brands Corporation, Dover Corporation, Welbilt Inc., Ali S.p.A, Middleby Corporation, Hoshizaki Electric Co. Ltd., Middleby Corporation, Libbey Inc., Ali Group and Cambro Manufacturing Company, Inc. In 2017, Welbilt, Inc. and Halton Group Americas have entered into strategic alliance to facilitate the integration of Halton ventilation solutions into wide range of Welbilt’s equipment to better meet the needs of their customers.

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Chapter 1 Prefix
    1.1 Market Scope
    1.2 Report Description
    1.3 Research Methodology
          1.3.1 Primary Research
          1.3.2 Secondary Research
          1.3.3 In-house Data Modeling
Chapter 2 Executive Summary
Chapter 3 Market Outline
    3.1 Market Inclination, Trend, Outlook and Viewpoint
    3.2 Market Share Analysis: Company’s Competitive Scenario
    3.3 Market Dynamics
          3.3.1 Drivers
                   3.3.1.1 Impact Analysis
          3.3.2 Restraints
                   3.3.2.1 Impact Analysis
          3.3.3 Opportunities
Chapter 4 Food Service Equipment Market by Type: Market Size and Forecast, 2015 – 2024
    4.1 Overview
    4.2 Kitchen Purpose
          4.2.1 Current Trend and Analysis
          4.2.2 Market Size and Forecast
    4.3 Refrigerator
          4.3.1 Current Trend and Analysis
          4.3.2 Market Size and Forecast
    4.4 Storage
          4.4.1 Current Trend and Analysis
          4.4.2 Market Size and Forecast
    4.5 Ware Washing
          4.5.1 Current Trend and Analysis
          4.5.2 Market Size and Forecast
    4.6 Food Holding & Serving
          4.6.1 Current Trend and Analysis
          4.6.2 Market Size and Forecast
    4.7 Others
          4.7.1 Current Trend and Analysis
          4.7.2 Market Size and Forecast
Chapter 5 Food Service Equipment Market by Washware Equipment: Market Size and Forecast, 2015 – 2024
    5.1 Overview
    5.2 Booster Heaters
          5.2.1 Current Trend and Analysis
          5.2.2 Market Size and Forecast
    5.3 Dish Washers
          5.3.1 Current Trend and Analysis
          5.3.2 Market Size and Forecast
    5.4 Disposers
          5.4.1 Current Trend and Analysis
          5.4.2 Market Size and Forecast
    5.5 Utensil Washer
          5.5.1 Current Trend and Analysis
          5.5.2 Market Size and Forecast
    5.6 Others
          5.6.1 Current Trend and Analysis
          5.6.2 Market Size and Forecast
Chapter 6 Bio-MEMS Market by Geography: Market Size and Forecast, 2015 – 2024
    6.1 Overview
    6.2 North America
          6.2.1 Current Trend and Analysis
          6.2.2 Market Size and Forecast
          6.2.3 US
                   6.2.3.1 Market Size and Forecast
          6.2.4 Canada
                   6.2.4.1 Market Size and Forecast
          6.2.5 Mexico
                   6.2.5.1 Market Size and Forecast
    6.3 Europe
          6.3.1 Current Trend and Analysis
          6.3.2 Market Size and Forecast
          6.3.3 Germany
                   6.3.3.1 Market Size and Forecast
          6.3.4 Russia
                   6.3.4.1 Market Size and Forecast
          6.3.5 United Kingdom
                   6.3.5.1 Market Size and Forecast
          6.3.6 Others
                   6.3.6.1 Market Size and Forecast
    6.4 Asia-Pacific
          6.4.1 Current Trend and Analysis
          6.4.2 Market Size and Forecast
          6.4.3 China
                   6.4.3.1 Market Size and Forecast
          6.4.4 India
                   6.4.4.1 Market Size and Forecast
          6.4.5 Japan
                   6.4.5.1 Market Size and Forecast
          6.4.6 Others
                   6.4.6.1 Market Size and Forecast
    6.5 RoW
          6.5.1 Current Trend and Analysis
          6.5.2 Market Size and Forecast
          6.5.3 Middle East
                   6.5.3.1 Market Size and Forecast
          6.5.4 South America
                   6.5.4.1 Market Size and Forecast
          6.5.5 Africa
                   6.5.5.1 Market Size and Forecast
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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