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A14398 | Pages: 250 | Charts: 60 | Tables: 148 |
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.
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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).
[TYPEGRAPH]
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.
[MATERIALSGRAPH]
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.
[ENDUSERGRAPH]
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.
[REGIONGRAPH]
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.
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.
Key Market Segments
Key Market Players