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Food Display Cabinet Market

Food Display Cabinet Market

by Type (Refrigerated Food Display Cabinets, Heated Food Display Cabinets), by Materials (Glass, Stainless Steel, Wood, Plastic), by End User (Supermarket and Hypermarket, Restaurants, Bakery, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031

Report Code: A14398
Pages: 250
Sep 2022 | 1242 Views
Author(s) : Anindita C , Roshan D
Tables: 148
Charts: 60
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Food Display Cabinet Market Research, 2031

The global food display cabinet market size was valued  at $18.5 billion in 2021, and is projected to reach $41.4 billion by 2031, growing at a CAGR of 8.4% from 2022 to 2031.

Food display cases, also known as food covers and trays, keep you fresh. Products such as sidewalk signs and tabletop displays attract the attention of our customers and draw them into restaurants and bars. Different foods are stored in food display cases at different temperatures. These cabinets keep food at optimal temperatures for long-term operation.  These food display cases are used in bakeries, restaurants, motels and fast-food restaurants. Many retail and hospitality industries are the main drivers of food display growth.

The global food display cabinet industry is expected to witness a V-shaped recovery post-pandemic. However, an upward trend has been noticed in the revenue of the key market players in the fourth quarter 2021.

Food Display Cabinet Market, Food Display Cabinet Industry, Food Display Cabinet Market Size, Food Display Cabinet Market Share, Food Display Cabinet Market Growth, Food Display Cabinet Market Trends, Food Display Cabinet Market Analysis, Food Display Cabinet Market Forecast

The food display cabinet market is segmented into type, material, end-users and region. On the basis of type, the food display cabinet market is categorized into heated food display cabinet and refrigerated food display cabinet. On the basis of material, it is segregated into glass, stainless steel, wood and plastics. On the basis of end-user, it is segregated into supermarkets/hypermarkets, restaurants, bakeries and others. On the basis of region, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (UK, France, Italy, Spain, Russia, Turkey and the Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Thailand and Rest of Asia-Pacific), and LAMEA (Brazil, United Arab Emirates, Argentina, and Rest of LAMEA).

Food Display Cabinet Market
By Type

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Refrigerated food display cabinets is the fastest growing segment during the forecast period.

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In addition, the growing need for food display cases to protect and maintain food freshness, as well as increased spending and changes in urban lifestyles, helped expand the food display cabinet market during this period. Increasing disposable income for middle-class consumers is creating tremendous demand, which is also one of the main drivers behind the expansion of food display cases. The expansion of the food display cabinet market is also strongly influenced by increased discretionary income, access to modern and energy-efficient food display cases, and the growing need to keep food fresh at optimal temperatures. Refrigerated food display cases are a highly sought-after product in the hospitality industry.

Food Display Cabinet Market
By Materials

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Stainless steel is the highest revenue contributor in the market in 2021

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Compared to traditional food display cases, refrigerated food display cases are more space-saving and energy-efficient. In addition, the initial investment required to install these items is much less than a standard food display case. The rapid demand for refrigerated food display cases from small and medium-sized stores should typically drive food display cabinet market expansion for these products with limited financial strength and floor space. According to the US Department of Energy, transparent display door cooling enclosures can minimize the heat load of the cooling system by 50% and 80%. Smart cooling means significant energy savings by reducing the amount of cold air entering the store.

Food Display Cabinet Market
By End User

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Restaurants is the fastest growing segment during the forecast period.

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The market is expected to record the fastest growth during the food display cabinet market forecast period. Stimulating economic growth and increasing the population in emerging markets such as India and China are creating growth opportunities for the retail and food markets in the region. Due to the increasing demand for food, snacks and natural products. Increased availability and changes in economic spending practices in the food and beverage industry are expected to drive growth. In addition, food safety and hygiene concerns have increased the need for refrigeration systems. In addition, increasing demand for new technologies such as attractive displays and 3D printing paves the way for more convenient and attractive products.

Food Display Cabinet Market
By Region

2031
North America 
Europe
Asia-pacific
Lamea

North America is the largest segment during the analysis period.

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fresh food sector is currently dealing with the issues is the shifting and permanently unpredictable food quality brought on by constantly changing and unfavorable weather conditions. To maintain stringent food quality and fresh food safety, temperature monitoring and control along the cold food supply chain (FSC) are crucial nowadays. The market helps to compare the energetically projected and printed shelf lives of cold food supply systems based on temperature. The entire FSC scenario is based on a thorough analysis of real food temperature data gathered during field experiments (from production to retail and point of sale (POS) displays) at FSC in developing nations. This demonstrates that the most efficient FSC and the least efficient FSC, as well as the durability of printed products and the durability of dynamically anticipated products, differ significantly in terms of product durability. Overall, it represents the effective FSC component from manufacturing to retail, as opposed to retail display storage. Displaying prepared foods is a great way to advertise food products and encourage spontaneous purchases from customers. Food display cabinets are a stylish addition to any catering business that wants to keep their food appetizing and fresh all day.

The market is expected to record the fastest growth during the forecast period. Stimulating economic progress and growing population in emerging markets such as India and China are creating expansion opportunities for the retail and food markets in Asia-Pacific.. Moreover,  changes in economic spending practices in the food & beverage industry are expected to drive market growth. In addition, food safety and hygiene concerns have increased the need for refrigeration systems. Furthermore, a tangible path to more valuable and beautiful objects is the growing need for appealing displays and innovative technology like 3D printing. The market is anticipated to develop with the expansion of the food and beverage industry.

Refrigerated food display cabinets are a highly sought-after product in the hospitality industry, supermarket/hypermarket, and retail stores. Compared to traditional food display cases, refrigerated food display cases are more space-saving and energy-efficient. In addition, the initial investment required to install them is much less than a standard food display case. Thus, rapid demand for refrigerated food display cases from small- and medium-sized stores is expected to drive market expansion for these products with limited financial strength and floor space. According to the U.S. Department of Energy, transparent display door cooling enclosures can minimize the heat load of the cooling system by 50-80%. Smart cooling means significant energy savings by reducing the amount of cold air entering the store. Hence, these factors are anticipated to boost the growth of the refrigerated food display cabinet industry.

The size is made of stainless steel construction, high-efficiency heating wire, temperature control function, heat retention, and humidity function. The front is made of transparent insulating glass, which gives a strong perspective, allows food to be clearly projected, and is beautiful & durable. The entire machine uses infrared thermal protection lamps to improve the display effect and plays a role in sterilization & maintenance of food hygiene. Most of the time, the entire heated display cabinet is made of stainless steel, which is easy to clean, keeps the display case new, and guarantees the effectiveness of the exhibits.

An increase in humidity significantly affects convection heating,  enabling multi-level presentations and significantly extending the shelf life of the product. Eliminating halogen bulbs reduces maintenance, and the removable glass makes these internal corners easier to clean, improving the appearance and marketability of the product. Thus, constant upgradation and innovation are expected to provide lucrative opportunities to the heated food display cabinet market growth.

As the food industry is expanding at a fast pace, the competition is intensifying. Various vendors are putting in efforts to attract customers by providing the best taste, quality, and appearance of their food. The food counters used are transparent, allowing customers to view the food on the display. These counters help attract customers visually. Improving food visibility attracts more customers by activating their taste buds. An additional advantage of using sales counters is that they are not exposed to air and microorganisms. This allows sellers to keep the displayed ingredients fresh. These closed food counters help extend the shelf life of food products and keep them fresh for extended periods of time. Delicious, fresh, and aesthetically pleasing foods such as cakes, pastries, and cookies are preferred by customers over staple food. Sellers can try to make the items on display more attractive to attract more people. A healthy competition for attracting customers by offering them fresh and hygienic food is anticipated to surge the demand for Food Display Cabinet Industry.

Players active in the global  industries are adopting various development strategies to expand the food display case market, increase profitability and remain competitive in the market. The main players featured in this report include Carrier Global Corp., FRIGOGLASS S.A.I.C., Hatco Corp., Standex International Corp., HOSHIZAKI Corp., and The Middleby corp.

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current  Food Display Cabinet Market trends, estimations, and dynamics of the food display cabinet market size analysis from 2021 to 2031 to identify the prevailing food display cabinet market share opportunities.

  • The market research is offered along with information related to key drivers, restraints, and food display cabinet market opportunities.

  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.

  • In-depth food display cabinet market analysis of the food display cabinet market segmentation assists to determine the prevailing market opportunities.

  • Major countries in each region are mapped according to their revenue contribution to the global food display cabinet market demand.

  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.

  • The report includes the analysis of the regional as well as global food display cabinet market share trends, key players, market segments, application areas, and market growth strategies.

Food Display Cabinet Market Report Highlights

Aspects Details
Type
  • Refrigerated Food Display Cabinets
  • Heated Food Display Cabinets
Materials
  • Glass
  • Stainless Steel
  • Wood
  • Plastic
End User
  • Supermarket and Hypermarket
  • Restaurants
  • Bakery
  • Others
By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (U.K., Italy, Spain, Russia, Turkey, Rest of Europe)
  • Asia-Pacific  (Japan, India, Thailand, China, Austrilia, Rest of Asia-Pacific)
  • LAMEA  (Brazil, South Africa,, UAE, Rest of LAMEA)
Key Market Players Hatco Corp, Hoshizaki Corp, Metalfrio Solutions S.A, Standex International Corp, The Middleby Corp, True Manufacturing Co Inc, Carrier Global Corporation, FRIGOGLASS S.A.I.C, The Vollrath Co. LLC., Alto-Shaam Inc.
 

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Increased technological advances and improvements have had a positive impact on the overall dynamics of food display cases. By introducing new technologies to the market, we can increase the production of food display cases. The growing middle-class population, high disposable income, and large investments in hotels and restaurants are impacting the rise of restaurants, bars and cafes. The food industry is choosing devices such as food display cases to control demand, improve quality of service, speed up work, and minimize latency. The advent of e-commerce is an opportunity for consumers to find and buy the products they want based on their tastes. Food exhibitors need to introduce new designs for their products so that consumers can scrutinize them. This helps companies determine accurate market needs. Online grocery and beverage shopping has helped increase grocery display cases through services or consumption operations. In addition, food safety and hygiene concerns have increased the need for refrigeration systems.

Increasing food retailers' tastes when using display cases around the world, increasing people's disposable income as people's living standards improve, introducing the latest technology in the small and retail sector, and food safety Increasing preference for concerns and increasing numbers of bakeries and supermarkets are some of the major and important factors that are likely to accelerate the growth of the commercial food display case market during the forecast period. On the other hand, the adoption of refrigerated commercial food display cabinets due to their advantages such as limiting overall energy consumption and delivering energy-efficient solutions along with the use of modern and highly advanced techniques to manufacture compressors and surging levels of investment by the manufacturers to develop an advanced and improved product which will further contribute by generating immense opportunities that will lead to the growth of the commercial food display cabinet in the above mentioned projected timeframe.

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FREQUENTLY ASKED QUESTIONS?

A. The global Food Display Cabinet Market was valued at $18,485.7 million in 2021 and is projected to reach $41,429.9 million by 2031, registering a CAGR of 8.4% from 2022 to 2031.

A. The forecast period in the food display cabinet market report is 2022 to 2031.

A. The base year calculated in the food display cabinet market report is 2021.

A. The top companies analyzed for the global food display cabinet market report are Tata global beverages, Associated British Foods plc, Vahdam Teas, Celestial Seasonings Inc., Bombay Burmah Trading Corporation Limited, Stash Tea Company, Bigelow Tea Compay, Shangari-la Tea, Yogi Tea, Republic of Tea, Mighty Leaf Tea, Numi Inc, Harney & Sons Fine Teas, Halssen & Lyon GmbH, Organic India, Tazo Tea Company, Newman,s own Inc, PepsiCo, the coca-cola company.

A. The refrigerated food display segment is the most influential segment in the food display cabinet market report.

A. LAMEA holds the maximum market share of the food display cabinet market.

A. The company profile has been selected on the basis of key developments such as partnership, product launch, merger and acquisition.

A. The market value of the food display cabinet market in 2021 was $18,485.7 million.

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