Food Service Equipment Market Size, Trends, Opportunities & Forecast till 2025
A
New fresh research report presented by KD Market Insights provides a detailed
analysis of “Food Service Equipment Market - by Product (Cooking Equipment,
Storage & Handling Equipment, Warewashing Equipment, Food & Beverage
Preparation Equipment, and Serving Equipment) and End Use (Full-service
Restaurants & Hotels, Quick-service Restaurants & Pubs, and Caterings)
- Global Opportunity Analysis and Industry Forecast, 2018-2025” research
report will include all the major trends and technologies that play an
important role in market growth in the predicted span of 6 years. It also
presents the overview of industry players, advantages, challenges the business
is going through. The research provides a complete understanding of the global Food Service
Equipment Market in terms of revenue.
The
global food service equipment market was valued at $31,088
million in 2017, and is projected to reach $50,039 million by 2025, registering
a CAGR of 6.4% from 2018 to 2025. Food service equipment
comprise cookware; wash ware; and preparation, storage, & serving
equipment, which are used to cook and preserve food products for commercial
purposes. These equipment are widely adopted in hotels, restaurants, commercial
institutes, and budgetary hotels for preparation of various cuisines. Rise in
business-related travel and increase in number of food joints such as hotels
& restaurants fuel the growth of hospitality industry, which in turn
further drives the demand for food service equipment.
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Increase in
demand for refrigerated food products and inclination towards junk food have
boosted the adoption of food service equipment worldwide. Moreover, shift to
modular kitchens with advanced features has boosted the demand for cooking food
service equipment. Furthermore, rise in number of cafs & restaurants,
development in urban infrastructure in both developed & developing
countries, and increase in disposable income are the factors contributing
towards the gradual growth of the food service equipment market. Implementation
of stringent government regulations towards refrigerant leakages and emission
in the last few years has further driven the market towards replacement
products, as the companies need to replace their existing equipment with new
energy-efficient devices. However, high capital investment and complexities
associated with the usage of equipment restrict the market growth.
The food
service equipment market is segmented based on product type, end-use,
and region. On the basis of product type, the market is divided into cooking
equipment, warewashing equipment, storage & holding equipment, food &
beverage preparation equipment, and serving equipment. Increase in investments
in hotel & restaurant industry, surge in demand for ready-made food, and
vast varieties in food products offered by these hotels have contributed to the
significant growth of these equipment. The storage & handling equipment
segment is expected to grow at a fastest CAGR of 7.5%.
By end-use, the
market is categorized into full-service restaurants & hotels, quick-service
restaurants & pubs, and caterings. Quick-service restaurants and pubs are
expected to grow at a highest CAGR of 8.5%, due to convenience
offered by them and increase in demand for fast food. Region wise, the market
is analyzed across North America, Europe, Asia-Pacific and LAMEA.
The major
players profiled in this report include Alto-Shaam, Inc., Cambro Manufacturing
Co. Inc., Castle Stove, Duke Manufacturing Co. Inc., Dover Corporation,
Electrolux, Illinois Tool Works Inc., Ali S.p.A, The Middleby Corporation, and
Welbilt, Inc.
KEY BENEFITS
- This report provides a quantitative analysis of the current trends, estimations, and dynamics of the global food service equipment market from 2017 to 2025 to identify the prevailing market opportunities.
- The key countries in all the major regions are mapped based on their market share.
- Porters Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global industry.
- Market player positioning segment facilitates benchmarking and provides a clear understanding of the present position of market players.
- The report includes the analysis of the regional as well as global market, key players, market segments, application areas, and growth strategies.
- This report provides a quantitative analysis of the current trends, estimations, and dynamics of the global food service equipment market from 2017 to 2025 to identify the prevailing market opportunities.
- The key countries in all the major regions are mapped based on their market share.
- Porters Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global industry.
- Market player positioning segment facilitates benchmarking and provides a clear understanding of the present position of market players.
- The report includes the analysis of the regional as well as global market, key players, market segments, application areas, and growth strategies.
KEY MARKET
SEGMENTS
By Product
Type
- Cooking
Equipment
- Storage and Handling Equipment
- Warewashing Equipment
- Food and Beverage Preparation Equipment
- Serving Equipment
- Storage and Handling Equipment
- Warewashing Equipment
- Food and Beverage Preparation Equipment
- Serving Equipment
By End-use
- Full-Service
Restaurants and Hotels
- Quick-Service Restaurants and Pubs
- Caterings
- Quick-Service Restaurants and Pubs
- Caterings
By Region
North America
- U.S.
- Canada
- Mexico
Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- Rest of Asia-Pacific
LAMEA
- Brazil
- UAE
- South Africa
- Rest of LAMEA
- U.S.
- Canada
- Mexico
Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- Rest of Asia-Pacific
LAMEA
- Brazil
- UAE
- South Africa
- Rest of LAMEA
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Table
of Contents:
CHAPTER
1: INTRODUCTION
1.1.
Report description
1.2.
Key benefits for stakeholders
1.3.
Key market segments
1.4.
Research methodology
1.4.1.
Primary research
1.4.2.
Secondary research
1.4.3.
Analyst tools and models
CHAPTER
2: EXECUTIVE SUMMARY
2.1.
Key finding of the study
2.2.
CXO perspective
CHAPTER
3: MARKET OVERVIEW
3.1.
Market definition and scope
3.2.
Key findings
3.2.1.
Top investment pocket
3.2.2.
Top winning strategies
3.3.
Market share analysis
3.4.
Porter’s five forces analysis
3.4.1.
Bargaining power of suppliers
3.4.2.
Bargaining power of buyers
3.4.3.
Thereat of new entrants
3.4.4.
Threat of substitutes
3.4.5.
Intensity of competitive rivalry
3.5.
Market dynamics
3.5.1.
Drivers
3.5.1.1.
Growth in hospitality industry
3.5.1.2.
Rise in preference for quick-service restaurants
3.5.1.3.
Advancements in refrigeration technology
3.5.1.4.
Growth in urbanization
3.5.1.5.
Increase in concerns of food safety
3.5.2.
Restraint
3.5.2.1.
High capital requirement
3.5.3.
Opportunities
3.5.3.1.
Regulatory benefits
3.5.3.2.
Surge in demand for energy-efficient and cost-effective products
CHAPTER
4: FOOD SERVICE EQUIPMENT MARKET, BY PRODUCT
4.1.
Overview
4.1.1.
Market size and forecast
4.2.
Cooking equipment
4.2.1.
Key market trends, growth factors, and opportunities
4.2.2.
Grills
4.2.3.
Fryers
4.2.4.
Ovens
4.2.5.
Cooking & bakery utensils
4.2.6.
Market size and forecast
4.2.7.
Market analysis, by country
4.3.
Storage & handling equipment
4.3.1.
Key market trends, growth factors, and opportunities
4.3.2.
Refrigeration
4.3.3.
Food bags and containers
4.3.4.
Food warmers
4.3.5.
Market size and forecast
4.3.6.
Market analysis, by country
4.4.
Warewashing equipment
4.4.1.
Key market trends, growth factors, and opportunities
4.4.2.
Utensil washers
4.4.3.
Dishwashers
4.4.4.
Booster heaters
4.4.5.
Others
4.4.6.
Market size and forecast
4.4.7.
Market analysis, by country
4.5.
Food & beverage preparation equipment
4.5.1.
Key market trends, growth factors, and opportunities
4.5.2.
Slicers
4.5.3.
Peelers
4.5.4.
Mixers, blenders, & grinders
4.5.5.
Food processors & juicers
4.5.6.
Food preparation tools
4.5.7.
Market size and forecast
4.5.8.
Market analysis, by country
4.6.
Serving equipment
4.6.1.
Key market trends, growth factors, and opportunities
4.6.2.
Dinnerware
4.6.3.
Glassware
4.6.4.
Market size and forecast
4.6.5.
Market analysis, by country
CHAPTER
5: FOOD SERVICE EQUIPMENT MARKET, BY END USE
5.1.
Overview
5.1.1.
Market size and forecast
5.2.
Full-service restaurants & hotels
5.2.1.
Key market trends, growth factors, and opportunities
5.2.2.
Market size and forecast
5.2.3.
Market analysis, by country
5.3.
Quick-service restaurants & pubs
5.3.1.
Key market trends, growth factors, and opportunities
5.3.2.
Market size and forecast
5.3.3.
Market analysis, by country
5.4.
Catering
5.4.1.
Key market trends, growth factors, and opportunities
5.4.2.
Market size and forecast
5.4.3.
Market analysis, by country
CHAPTER
6: FOOD SERVICE EQUIPMENT MARKET, BY REGION
6.1.
Overview
6.1.1.
Market size and forecast
6.2.
North America
6.2.1.
Key market trends, growth factors, and opportunities
6.2.2.
Market size and forecast, by product
6.2.3.
Market size and forecast, by end use
6.2.4.
Market size and forecast, by country
6.2.5.
U.S.
6.2.5.1.
Market size and forecast, by product
6.2.5.2.
Market size and forecast, by end-use
6.2.6.
Canada
6.2.6.1.
Market size and forecast, by product
6.2.6.2.
Market size and forecast, by end-use
6.2.7.
Mexico
6.2.7.1.
Market size and forecast, by product
6.2.7.2.
Market size and forecast, by end-use
6.3.
Europe
6.3.1.
Key market trends, growth factors, and opportunities
6.3.2.
Market size and forecast, by product
6.3.3.
Market size and forecast, by end-use
6.3.4.
Market size and forecast, by country
6.3.5.
Germany
6.3.5.1.
Market size and forecast, by product
6.3.5.2.
Market size and forecast, by end-use
6.3.6.
France
6.3.6.1.
Market size and forecast, by product
6.3.6.2.
Market size and forecast, by end-use
6.3.7.
UK
6.3.7.1.
Market size and forecast, by product
6.3.7.2.
Market size and forecast, by end-use
6.3.8.
Italy
6.3.8.1.
Market size and forecast, by product
6.3.8.2.
Market size and forecast, by end-use
6.3.9.
Spain
6.3.9.1.
Market size and forecast, by product
6.3.9.2.
Market size and forecast, by end-use
6.3.10.
Rest of Europe
6.3.10.1.
Market size and forecast, by product
6.3.10.2.
Market size and forecast, by end-use
6.4.
Asia-Pacific
6.4.1.
Key market trends, growth factors, and opportunities
6.4.2.
Market size and forecast, by product
6.4.3.
Market size and forecast, by end-use
6.4.4.
Market size and forecast, by country
6.4.5.
China
6.4.5.1.
Market size and forecast, by product
6.4.5.2.
Market size and forecast, by end-use
6.4.6.
Japan
6.4.6.1.
Market size and forecast, by product
6.4.6.2.
Market size and forecast, by end-use
6.4.7.
India
6.4.7.1.
Market size and forecast, by product
6.4.7.2.
Market size and forecast, by end-use
6.4.8.
Australia
6.4.8.1.
Market size and forecast, by product
6.4.8.2.
Market size and forecast, by end-use
6.4.9.
Rest of Asia-Pacific
6.4.9.1.
Market size and forecast, by product
6.4.9.2.
Market size and forecast, by end-use
6.5.
LAMEA
6.5.1.
Key market trends, growth factors, and opportunities
6.5.2.
Market size and forecast, by product
6.5.3.
Market size and forecast, by end-use
6.5.4.
Market size and forecast, by country
6.5.5.
Brazil
6.5.5.1.
Market size and forecast, by product
6.5.5.2.
Market size and forecast, by end-use
6.5.6.
UAE
6.5.6.1.
Market size and forecast, by product
6.5.6.2.
Market size and forecast, by end-use
6.5.7.
South Africa
6.5.7.1.
Market size and forecast, by product
6.5.7.2.
Market size and forecast, by end-use
6.5.8.
Rest of LAMEA
6.5.8.1.
Market size and forecast, by product
6.5.8.2.
Market size and forecast, by end-use
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