Asia Pacific Blood Glucose Test Strip Packaging Market Research Repor Global Food Service Equipment Market Research Repo

Food Service Equipment Market 2018
Food Service Equipment Market Share, Size, Trends, And Business Opportunity Analysis Report
2018 include historic data, with forecast data to 2023. Food Service Equipment Market report is
helpful for future strategy development, and to know about Market Drivers, Restraints,
Opportunities, And Global market size, share, Growth, Trends, key players forecast to 2023
Global Food Service Equipment Market by Product (Cooking Equipment, Storage & Handling
Equipment, Warewashing Equipment, Food Holding & Serving Equipment and Others), End-
User (Full Service Restaurants, Quick Service Restaurants, Caterers, Hotels & Clubs and Others)
& by Region - Global Forecast to 2023
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Market Synopsis of Global Food Service Equipment
Food service equipment are widely used for food handling and processing applications, and are
popular in full-service restaurants. The equipment plays a vital role in food service industry for
preparing and serving a variety of food items.
The growth of global food service equipment market can majorly be attributed to growth of
hospitality, industry resulting in rising number of hotels and restaurants. Increasing demand for
energy-efficient products and growing demand for quick service restaurants is also expected to
boost the market growth. Moreover, the rising number of hotel industry is also augmented by
increasing tourism. However, high capital investment is the major restraint that could hinder
the growth of the market.
The global food service equipment market is expected to grow at a CAGR of around 5.16%
during the period.
Key Players
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.) and Electrolux
AB (Sweden) are some of the leading players operating in the global food service equipment
market.
Regional Analysis of Global Food Service Equipment Market