Global Food Service Equipment Market - By Product Type , By End User , By Region , By Country : Trends , Opportunities and Forecast ( 2011-2021 )
Global Food Service Equipment Market - By Product Type , By End User , By Region , By Country : Trends , Opportunities and Forecast ( 2011-2021 )
The strong growth in food Service Equipment market is driven by rise in per capita disposable consumer income , lower unemployment rate , need to replace or upgrade existing equipment and growing concern towards food safety and health .
Refrigeration & Ice Machine Equipment hold the major percentage share in the total market and is also the fastest growing segment . Among the regions , North America holds the largest market share mainly due to well established foodservice industry and restaurants there demanding more energy efficient and technologically advanced equipment . However , APAC is expected to grow at a faster pace during forecasted period .
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