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Food Service Equipment Market by Product Type (Cooking Equipment, Storage & Handling Equipment, Ware Washing Equipment, Food & Beverage Preparation equipment and Serving Equipment) and End Use (Full-Service Restaurants & Hotels, Quick Service Restaurants & Pubs, and Catering): Global Opportunity Analysis and Industry Forecast, 2020–2027

A01272
Pages: 257
Apr 2020 | 20589 Views
 
Author(s) : Priya , Roshan Deshmukh
Tables: 113
Charts: 63
 

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The global food service equipment market size was valued at $34.2 billion in 2019, and is projected to reach $56.3 billion by 2027, registering a CAGR of 6.2% from 2020 to 2027. Food service equipment are used for preparation and storage of food products for commercial purposes. This equipment in cludes cooking equipment, storage & handling equipment, ware washing equipment, food & beverage preparation equipment, and serving equipment. This equipmentis used in the food service industry such as restaurants, hotels, and other commercial kitchens. Development of the hospitality industry and increase in the use of temperature-controlled storage equipment for perishable and processed food items drive the demand for food service equipment in commercial kitchens. Moreover, rise in the food service industry ,coupled with the growing demand for multi-functional, efficient, space & time saving, and reduced labor fuels the growth of the food service equipment market.

Food-Service-Equipment-Market-2020-2027

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The food service industry is focusing toward equipment embedded with automated technology. Thus, food service equipment manufacturers are launching IoT (Internet of Things) infused new equipment and are incorporating new features to remain competitive in the market. Thus, such factors contribute in the growth of the food service equipment market, in terms of value sales.  

The global food service equipment market segments are categorized into product type, end use, and region. By product type, it is classified in to cooking equipment, storage & handling equipment, food & beverage preparation equipment, ware washing equipment, and serving equipment. By end use, it is divided into full-service restaurants & hotels, quick service restaurants & pubs, and catering. Region wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Italy, Spain, and rest of Europe), Asia-Pacific (China, India, Australia, Japan, and rest of Asia-Pacific), and LAMEA (Brazil, UAE, South Africa and Rest of LAMEA).

By on product type, it is classified in to cooking equipment, storage & handling equipment, ware washing equipment, food & beverage preparation equipment and serving equipment. The cooking equipment segment accounted for the highest food service equipment market share in 2019, growing at a CAGR of 5.8%. Rise in popularity of creative cooking and baking has resulted in variety of dine out options for consumers. Thus, to offer best services to customers, restaurants invest in different types of cooking equipment, which fuel the food service equipment market growth. However, the storage & handling segment is expected to grow at the highest CAGR of 7.3% during the forecast period. Storage & handling was the second highest revenue contributor in 2017, owing to increase in use of temperature-controlled storage equipment for perishable and processed food.

Food Service Equipment Market
By Product Type

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Cooking Equipment segment dominates the global market and is expected to retain its dominance throughout the forecast period.

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By end use, the market is divided into full-service restaurants & hotels, quick service restaurants & pubs, and catering. In 2019, the full-service restaurants & hotels segment accounted for the highest market share in the global food service equipment market. Inclination of consumers toward new cuisines at reasonable prices has supplemented the adoption of new food service equipment technologies for preparing, storing, and serving foods among full-service restaurants. However, quick-service restaurants & pubs are anticipated to grow at the highest CAGR of 8.3%. Rapid changes in the supporting factors such as consumer preferences for fast food, increase in working women population, rise in disposable income, and rapid urbanization have resulted into rise in number of quick-service restaurants & pubs, thereby, driving the growth of the market.

Food Service Equipment Market
By End User

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Quick-service Restaurants & Pubs segment is expected to grow at a highest CAGR of 8.3% during the forecast period.

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Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. North America accounted for the highest market share in 2019. The North America food service market dominates the use of food service equipment. This is attributable to  the early adoption of advanced kitchen equipment and rise in demand for processed food in the region. However, Asia-Pacific is anticipated to grow at the highest CAGR of 8.3% during the food service equipment market forecast period.

Food Service Equipment Market
By Region

2027
North America 
Europe
Asia Pacific
Lamea

North America dominates the market and is expected to grow with a CAGR of 4.6% during the forecast period

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The key players operating in the global market focus on prominent strategies to over come competition and maintain as well as improve their share world wide. Some of the major players in the global food service equipment industry analyzed in this report in clued Duke Manufacturing Co. Inc., Electrolux ,Dover Corporation, Illinois Tool Works (ITW), Inc.,Ali Group S.r.l. a Socio Unico,Welbilt, Inc.,Middleby Corporation,Alto-Shaam, Inc.,Comstock-Castle Stove Co., Inc.,and Cambro Manufacturing Co. Inc.


Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the current food service equipment market trends, estimations, and dynamics of the global market for the period of 2020 to 2027 to identify the prevailing food service equipment market opportunities.

  • The key countries in four major regions have been mapped based on their market share.

  • Porter’s 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 food service equipment market analysis to determine the prevailing market opportunities.

  • Major countries in each region have been mapped according to their revenue contribution to the global industry. 

  • Market player positioning 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 & Handling Equipment
  • Ware washing Equipment
  • Food & Beverage Preparation Equipment
  • Serving Equipment

By End User

  • Full-service Restaurants & Hotels
  • Quick-service Restaurants & Pubs
  • Catering

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
 

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 Food service  industry
3.5.1.2.Rise in preference for quick-service restaurants
3.5.1.3.Advancements in refrigeration technology

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.Ware washing 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 type
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 type
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 type
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 type
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 type
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 type
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 type
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 type
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 type
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 type
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 type
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 type
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 type
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 type
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 type
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 type
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 type
6.5.8.2.Market size and forecast, by end use

CHAPTER 7:COMPANY LANDSCAPE

7.1.Top winning strategies
7.2.Market share analysis

CHAPTER 8:COMPANY PROFILES

8.1.Duke Manufacturing Co. Inc.

8.1.1.Company overview
8.1.2.Key Executives
8.1.3.Company snapshot
8.1.4.Operating business segments
8.1.5.Product typeportfolio
8.1.6.Key strategic moves and developments

8.2.Electrolux

8.2.1.Company overview
8.2.2.Key Executives
8.2.3.Company snapshot
8.2.4.Operating business segments
8.2.5.Product typeportfolio
8.2.6.Business performance
8.2.7.R&D Expenditure
8.2.8.Key strategic moves and developments

8.3.Dover Corporation

8.3.1.Company overview
8.3.2.Key Executives
8.3.3.Company snapshot
8.3.4.Operating business segments
8.3.5.Product typeportfolio
8.3.6.Business performance
8.3.7.R&D Expenditure
8.3.8.Key strategic moves and developments

8.4.Illinois Tool Works (ITW), Inc.

8.4.1.Company overview
8.4.2.Key Executives
8.4.3.Company snapshot
8.4.4.Operating business segments
8.4.5.Product typeportfolio
8.4.6.Business performance
8.4.7.R&D Expenditure
8.4.8.Key strategic moves and developments

8.5.Ali Group S.r.l. a Socio Unico

8.5.1.Company overview
8.5.2.Key Executives
8.5.3.Company snapshot
8.5.4.Operating business segments
8.5.5.Product typeportfolio
8.5.6.Key strategic moves and developments

8.6.Welbilt, Inc.

8.6.1.Company overview
8.6.2.Key Executives
8.6.3.Company snapshot
8.6.4.Operating business segments
8.6.5.Product typeportfolio
8.6.6.R&D Expenditure
8.6.7.Business performance
8.6.8.Key strategic moves and developments

8.7.Middleby Corporation

8.7.1.Company overview
8.7.2.Key Executives
8.7.3.Company snapshot
8.7.4.Operating business segments
8.7.5.Product typeportfolio
8.7.6.Business performance
8.7.7.R&D Expenditure
8.7.8.Key strategic moves and developments

8.8.Alto-Shaam, Inc.

8.8.1.Company overview
8.8.2.Key Executives
8.8.3.Company snapshot
8.8.4.Product typeportfolio
8.8.5.Key strategic moves and developments

8.9.Comstock-Castle Stove Co., Inc.

8.9.1.Company overview
8.9.2.Company snapshot
8.9.3.Product typeportfolio

8.10.Cambro Manufacturing Co. Inc.

8.10.1.Company overview
8.10.2.Key Executives
8.10.3.Company snapshot
8.10.4.Product typeportfolio
8.10.5.Key strategic moves and developments

LIST OF TABLES

TABLE 01.GLOBAL FOOD SERVICE EQUIPMENT MARKET REVENUE, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 02.COOKING FOOD SERVICE EQUIPMENT MARKET REVENUE, BY REGION, 2019–2027 ($MILLION)
TABLE 03.FOOD SERVICE STORAGE & HANDLING EQUIPMENT MARKET REVENUE, BY REGION, 2020–2027 ($MILLION)
TABLE 04.WARE WASHING FOOD SERVICE EQUIPMENT MARKET REVENUE, BY REGION, 2019–2027 ($MILLION)
TABLE 05.FOOD & BEVERAGE PREPARATION EQUIPMENT MARKET REVENUE, BY REGION, 2019–2027 ($MILLION)
TABLE 06.SERVING EQUIPMENT MARKET REVENUE, BY REGION, 2019–2027 ($MILLION)
TABLE 07.GLOBAL FOOD SERVICE EQUIPMENT MARKET REVENUE, BY END USE, 2019–2027 ($MILLION)
TABLE 08.FOOD SERVICE EQUIPMENT MARKET REVENUE IN FULL-SERVICE RESTAURANTS & HOTELS, BY REGION, 2019–2027($MILLION)
TABLE 09.FOOD SERVICE EQUIPMENT MARKET REVENUE IN QUICK-SERVICE RESTAURANTS & PUBS, BY REGION, 2019–2027 ($MILLION)
TABLE 10.FOOD SERVICE EQUIPMENT MARKET VALUE FOR CATERING, BY REGION, 2019–2027 ($MILLION)
TABLE 11.FOOD SERVICE EQUIPMENT MARKET REVENUE, BY REGION, 2019–2027 ($MILLION)
TABLE 12.NORTH AMERICA FOOD SERVICE EQUIPMENT MARKET REVENUE, BY PRODUCT, 2019–2027 ($MILLION)
TABLE 13.NORTH AMERICA FOOD SERVICE EQUIPMENT MARKET REVENUE, BY END USE, 2019–2027 ($MILLION)
TABLE 14.NORTH AMERICA FOOD SERVICE EQUIPMENT MARKET REVENUE, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 15.U.S. FOOD SERVICE EQUIPMENT MARKET REVENUE, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 16.U.S. FOOD SERVICE EQUIPMENT MARKET REVENUE, BY END USE, 2019–2027 ($MILLION)
TABLE 17.CANADA FOOD SERVICE EQUIPMENT MARKET REVENUE, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 18.CANADA FOOD SERVICE EQUIPMENT MARKET REVENUE, BY END USE, 2019–2027 ($MILLION)
TABLE 19.MEXICO FOOD SERVICE EQUIPMENT MARKET REVENUE, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 20.MEXICO FOOD SERVICE EQUIPMENT MARKET REVENUE, BY END USE, 2019–2027 ($MILLION)
TABLE 21.EUROPE FOOD SERVICE EQUIPMENT MARKET REVENUE, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 22.EUROPE FOOD SERVICE EQUIPMENT MARKET  REVENUE, BY END USE, 2019–2027 ($MILLION)
TABLE 23.EUROPE FOOD SERVICE EQUIPMENT MARKET REVENUE, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 24.GERMANY FOOD SERVICE EQUIPMENT MARKET REVENUE, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 25.GERMANY FOOD SERVICE EQUIPMENT MARKET VALUE, BY END USE, 2019–2027 ($MILLION)
TABLE 26.FRANCE FOOD SERVICE EQUIPMENT MARKET REVENUE, BY PRODUCTTYPE, 2019–2027 ($MILLION)
TABLE 27.FRANCE FOOD SERVICE EQUIPMENT MARKET REVENUE, BY END USE, 2019–2027 ($MILLION)
TABLE 28.UK FOOD SERVICE EQUIPMENT MARKET REVENUE, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 29.UK FOOD SERVICE EQUIPMENT MARKET VALUE, BY END USE, 2019–2027 ($MILLION)
TABLE 30.ITALY FOOD SERVICE EQUIPMENT MARKET VALUE, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 31.ITALY FOOD SERVICE EQUIPMENT MARKET REVENUE, BY END USE, 2019–2027 ($MILLION)
TABLE 32.SPAIN FOOD SERVICE EQUIPMENT MARKET REVENUE, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 33.SPAIN FOOD SERVICE EQUIPMENT MARKET REVENUE, BY END USE, 2019–2027 ($MILLION)
TABLE 34.REST OF EUROPE FOOD SERVICE EQUIPMENT MARKETREVENUE, BY PRODUCT TYPE , 2019–2027 ($MILLION)
TABLE 35.REST OF EUROPE FOOD SERVICE EQUIPMENT MARKET REVENUE, BY END USE, 2019–2027 ($MILLION)
TABLE 36.ASIA-PACIFIC FOOD SERVICE EQUIPMENT MARKET REVENUE, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 37.ASIA-PACIFIC FOOD SERVICE EQUIPMENT MARKET VALUE, BY END USE, 2019–2027 ($MILLION)
TABLE 38.ASIA-PACIFIC FOOD SERVICE EQUIPMENT MARKET VALUE, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 39.CHINA FOOD SERVICE EQUIPMENT MARKET VALUE, BY PRODUCT TYPE TYPE, 2019–2027 ($MILLION)
TABLE 40.CHINA FOOD SERVICE EQUIPMENT MARKET VALUE, BY END USE, 2019–2027 ($MILLION)
TABLE 41.JAPAN FOOD SERVICE EQUIPMENT MARKETRE VENUE, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 42.JAPAN FOOD SERVICE EQUIPMENT MARKET REVENUE, BY END USE, 2019–2027 ($MILLION)
TABLE 43.INDIA FOOD SERVICE EQUIPMENT MARKET VALUE, BY PRODUCT, 2019–2027 ($MILLION)
TABLE 44.INDIA FOOD SERVICE EQUIPMENT MARKET REVENUE, BY END USE, 2019–2027 ($MILLION)
TABLE 45.AUSTRALIA FOOD SERVICE EQUIPMENT MARKET REVENUE, BY PRODUCT, 2019–2027 ($MILLION)
TABLE 46.AUSTRALIA FOOD SERVICE EQUIPMENT MARKET VALUE, BY END USE, 2019–2027 ($MILLION)
TABLE 47.REST OF ASIA-PACIFIC FOOD SERVICE EQUIPMENT MARKET REVENUE, BY PRODUCT, 2019–2027 ($MILLION)
TABLE 48.REST OF ASIA-PACIFIC FOOD SERVICE EQUIPMENT MARKET REVENUE, BY END USE, 2019–2027 ($MILLION)
TABLE 49.LAMEA FOOD SERVICE EQUIPMENT MARKET VALUE, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 50.LAMEA FOOD SERVICE EQUIPMENT MARKET VALUE, BY END USE, 2019–2027 ($MILLION)
TABLE 51.LAMEA FOOD SERVICE EQUIPMENT MARKET VALUE, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 52.BRAZIL FOOD SERVICE EQUIPMENT MARKET VALUE, BY PRODUCT, 2019–2027 ($MILLION)
TABLE 53.BRAZIL FOOD SERVICE EQUIPMENT MARKET VALUE, BY END USE, 2019–2027 ($MILLION)
TABLE 54.UAE FOOD SERVICE EQUIPMENT MARKET REVENUE, BY PRODUCT, 2019–2027 ($MILLION)
TABLE 55.UAE FOOD SERVICE EQUIPMENT MARKET REVENUE, BY END USE, 2019–2027 ($MILLION)
TABLE 56.SOUTH AFRICA FOOD SERVICE EQUIPMENT MARKET REVENUE, BY PRODUCT, 2019–2027 ($MILLION)
TABLE 57.SOUTH AFRICA FOOD SERVICE EQUIPMENT MARKET REVENUE, BY END USE, 2019–2027 ($MILLION)
TABLE 58.REST OF LAMEA FOOD SERVICE EQUIPMENT MARKET VALUE, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 59.REST OF LAMEA FOOD SERVICE EQUIPMENT MARKET REVENUE, BY END USE, 2019–2027 ($MILLION)
TABLE 60.DUKE MANUFACTURING CO. INC.: KEY EXECUTIVES
TABLE 61.DUKE MANUFACTURING CO. INC.: COMPANY SNAPSHOT
TABLE 62.DUKE MANUFACTURING CO. INC.: OPERATING SEGMENTS
TABLE 63.DUKE MANUFACTURING CO. INC.: PRODUCT TYPEPORTFOLIO
TABLE 64.DUKE MANUFACTURING CO. INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 65.ELECTROLUX :KEY EXECUTIVES
TABLE 66.ELECTROLUX: COMPANY SNAPSHOT
TABLE 67.ELECTROLUX: OPERATING SEGMENTS
TABLE 68.ELECTROLUX: PRODUCT TYPEPORTFOLIO
TABLE 69.ELECTROLUX :NET SALES, 2016–2018 ($MILLION)
TABLE 70.ELECTROLUX: R&D EXPENDITURE, 2016–2018 ($MILLION)
TABLE 71.ELECTROLUX: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 72.DOVER CORPORATION: KEY EXECUTIVES
TABLE 73.DOVER CORPORATION: COMPANY SNAPSHOT
TABLE 74.DOVER CORPORATION: OPERATING SEGMENTS
TABLE 75.DOVER CORPORATION: PRODUCT TYPEPORTFOLIO
TABLE 76.DOVER CORPORATION: NET SALES, 2016–2018 ($MILLION)
TABLE 77.DOVER CORPORATION: R&D EXPENDITURE, 2016–2018 ($MILLION)
TABLE 78.DOVER CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 79.ILLINOIS TOOL WORKS (ITW) INC.:KEY EXECUTIVES
TABLE 80.ILLINOIS TOOL WORKS INC.: COMPANY SNAPSHOT
TABLE 81.ILLINOIS TOOL WORKS INC.: OPERATING SEGMENTS
TABLE 82.ILLINOIS TOOL WORKS INC.: PRODUCT TYPEPORTFOLIO
TABLE 83.ILLINOIS TOOL WORKS INC.: NET SALES, 2016–2018 ($MILLION)
TABLE 84.BUHLER AG: R&D EXPENDITURE, 2016–2018 ($MILLION)
TABLE 85.ILLINOIS TOOL WORKS INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 86.ALI GROUP S.R.L. A SOCIO UNICO :KEY EXECUTIVES
TABLE 87.ALI GROUP S.R.L. A SOCIO UNICO: COMPANY SNAPSHOT
TABLE 88.ALI GROUP S.R.L. A SOCIO UNICO: OPERATING SEGMENTS
TABLE 89.ALI GROUP S.R.L. A SOCIO UNICO: PRODUCT TYPEPORTFOLIO
TABLE 90.ALI GROUP S.R.L. A SOCIO UNICO : KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 91.WELBILT, INC.: KEY EXECUTIVES
TABLE 92.WELBILT, INC.: COMPANY SNAPSHOT
TABLE 93.WELBILT, INC.: OPERATING SEGMENTS
TABLE 94.WELBILT, INC.: PRODUCT TYPEPORTFOLIO
TABLE 95.WELLBILT INC.: R&D EXPENDITURE, 2016–2018 ($MILLION)
TABLE 96.WELLBILT INC.: NET SALES, 2016–2018 ($MILLION)
TABLE 97.MIDDLEBY CORPORATION.: KEY EXECUTIVES
TABLE 98.MIDDLEBY CORPORATION: COMPANY SNAPSHOT
TABLE 99.MIDDLEBY CORPORATION: OPERATING SEGMENTS
TABLE 100.MIDDLEBY CORPORATION: PRODUCT TYPEPORTFOLIO
TABLE 101.MIDDLEBY CORPORATION: NET SALES, 2016–2018 ($MILLION)
TABLE 102.MIDDLEBY CORPORATION: R&D EXPENDITURE, 2016–2018 ($MILLION)
TABLE 103.MIDDLEBY CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 104.ALTO-SHAAM, INC.: KEY EXECUTIVES
TABLE 105.ALTO-SHAAM, INC.: COMPANY SNAPSHOT
TABLE 106.ALTO-SHAAM, INC.: PRODUCT TYPEPORTFOLIO
TABLE 107.ALTO-SHAAM, INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 108.COMSTOCK-CASTLE STOVE CO., INC.: COMPANY SNAPSHOT
TABLE 109.COMSTOCK-CASTLE STOVE CO., INC.: PRODUCT TYPEPORTFOLIO
TABLE 110.CAMBRO MANUFACTURING CO. INC.: KEY EXECUTIVES
TABLE 111.CAMBRO MANUFACTURING CO. INC.: COMPANY SNAPSHOT
TABLE 112.CAMBRO MANUFACTURING CO. INC.: PRODUCT TYPEPORTFOLIO
TABLE 113.CAMBRO MANUFACTURING CO. INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.TOP INVESTMENT POCKET, BY PRODUCT TYPE, 2020
FIGURE 03.TOP WINNING STRATEGIES, BY YEAR, 2015–2018
FIGURE 04.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2015–2018 (%)
FIGURE 05.TOP WINNING STRATEGIES, BY COMPANY, 2015–2018
FIGURE 06.MARKET SHARE ANALYSIS, 2017
FIGURE 07.LOW BARGAINING POWER OF SUPPLIERS
FIGURE 08.MODERATE BARGAINING POWER OF BUYERS
FIGURE 09.MODERATE THEREAT OF NEW ENTRANTS
FIGURE 10.LOW THREAT OF SUBSTITUTES
FIGURE 11.HIGH INTENSITY OF COMPETITIVE RIVALRY
FIGURE 12.GLOBAL FOOD SERVICE EQUIPMENT MARKET SHARE, BY PRODUCT TYPE, 2019–2027
FIGURE 13.COMPARATIVE SHARE ANALYSIS OF COOKING FOOD SERVICE EQUIPMENT MARKET VALUE, BY COUNTRY,  2017 & 2025 (%)
FIGURE 14.COMPARATIVE SHARE ANALYSIS OF WAREWASHING FOOD SERVICE EQUIPMENT MARKET VALUE, BY COUNTRY, 2019 & 2027 (%)
FIGURE 15.COMPARATIVE SHARE ANALYSIS OF FOOD & BEVERAGE PREPARATION EQUIPMENT MARKET VALUE, BY COUNTRY, 2019 & 2027 (%)
FIGURE 16.COMPARATIVE SHARE ANALYSIS OF SERVING EQUIPMENT MARKET VALUE, BY COUNTRY, 2097 & 2027 (%)
FIGURE 17.FOOD SERVICE EQUIPMENT MARKET SHARE, BY END USE, 2017–2025
FIGURE 18.COMPARATIVE SHARE ANALYSIS OF FOOD SERVICE EQUIPMENT MARKET VALUE IN FULL-SERVICE RESTAURANTS & HOTELS, BY COUNTRY, 2019 & 2027 (%)
FIGURE 19.COMPARATIVE SHARE ANALYSIS OF FOOD SERVICE EQUIPMENT MARKET VALUE IN QUICK-SERVICE RESTAURANTS & PUBS, BY COUNTRY, 2019 & 2027 (%)
FIGURE 20.COMPARATIVE SHARE ANALYSIS OF FOOD SERVICE EQUIPMENT MARKET VALUE FOR CATERING, BY COUNTRY, 2017 & 2025 (%)
FIGURE 21.FOOD SERVICE EQUIPMENT MARKET SHARE, BY REGION, 2017–2025
FIGURE 22.U.S. FOOD SERVICE EQUIPMENT MARKET, 2019–2027 ($MILLION)
FIGURE 23.CANADA FOOD SERVICE EQUIPMENT MARKET, 2019–2027 ($MILLION)
FIGURE 24.MEXICO FOOD SERVICE EQUIPMENT MARKET, 2019–2027 ($MILLION)
FIGURE 25.GERMANY FOOD SERVICE EQUIPMENT MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 26.FRANCE FOOD SERVICE EQUIPMENT MARKET, 2019–2027 ($MILLION)
FIGURE 27.UK FOOD SERVICE EQUIPMENT MARKET, 2019–2027 ($MILLION)
FIGURE 28.ITALY FOOD SERVICE EQUIPMENT MARKET, 2019–2027 ($MILLION)
FIGURE 29.SPAIN FOOD SERVICE EQUIPMENT MARKET, 2019–2027 ($MILLION)
FIGURE 30.REST OF EUROPE FOOD SERVICE EQUIPMENT MARKET, 2019–2027 ($MILLION)
FIGURE 31.CHINA FOOD SERVICE EQUIPMENT MARKET, 2019–2027 ($MILLION)
FIGURE 32.JAPAN FOOD SERVICE EQUIPMENT MARKET, 2019–2027 ($MILLION)
FIGURE 33.INDIA FOOD SERVICE EQUIPMENT MARKET, 2019–2027 ($MILLION)
FIGURE 34.AUSTRALIA FOOD SERVICE EQUIPMENT MARKET, 2019–2027 ($MILLION)
FIGURE 35.REST OF ASIA-PACIFIC FOOD SERVICE EQUIPMENT MARKET, 2019–2027 ($MILLION)
FIGURE 36.BRAZIL FOOD SERVICE EQUIPMENT MARKET, 2019–2027 ($MILLION)
FIGURE 37.UAE FOOD SERVICE EQUIPMENT MARKET, 2019–2027 ($MILLION)
FIGURE 38.SOUTH AFRICA FOOD SERVICE EQUIPMENT MARKET, 2019–2027 ($MILLION)
FIGURE 39.REST OF LAMEA FOOD SERVICE EQUIPMENT MARKET, 2019–2027 ($MILLION)
FIGURE 40.TOP WINNING STRATEGIES, BY YEAR, 2015–2018
FIGURE 41.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2015–2018 (%)
FIGURE 42.TOP WINNING STRATEGIES, BY COMPANY, 2015–2018
FIGURE 43.MARKET SHARE ANALYSIS, 2017
FIGURE 44.ELECTROLUX: REVENUE, 2016–2018 ($MILLION)
FIGURE 45.ELECTROLUX: R&D EXPENDITURE, 2016–2018 ($MILLION)
FIGURE 46.ELECTROLUX: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 47.ELECTROLUX: REVENUE SHARE BY GEOGRAPHY, 2018 (%)
FIGURE 48.DOVER CORPORATION: REVENUE, 2016–2018 ($MILLION)
FIGURE 49.DOVER CORPORATION: R&D EXPENDITURE, 2016–2018 ($MILLION)
FIGURE 50.DOVER CORPORATION: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 51.DOVER CORPORATION: REVENUE SHARE BY GEOGRAPHY, 2018 (%)
FIGURE 52.ILLINOIS TOOL WORKS INC.: REVENUE, 2016–2018 ($MILLION)
FIGURE 53.ILLINOIS TOOL WORKS INC.: R&D EXPENDITURE, 2016–2018 ($MILLION)
FIGURE 54.ILLINOIS TOOL WORKS INC.: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 55.ILLINOIS TOOL WORKS INC.: REVENUE SHARE BY GEOGRAPHY, 2018 (%)
FIGURE 56.WELLBILT INC.: R&D EXPENDITURE, 2016–2018 ($MILLION)
FIGURE 57.WELBILT, INC.: REVENUE, 2016–2018 ($MILLION)
FIGURE 58.WELBILT, INC.: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 59.WELBILT, INC.: REVENUE SHARE BY GEOGRAPHY, 2018 (%)
FIGURE 60.MIDDLEBY CORPORATION: REVENUE, 2016–2018 ($MILLION)
FIGURE 61.MIDDLEBY CORPORATION: R&D EXPENDITURE, 2016–2018 ($MILLION)
FIGURE 62.MIDDLEBY CORPORATION: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 63.MIDDLEBY CORPORATION: REVENUE SHARE BY GEOGRAPHY, 2018 (%)

 
 

The market players have adopted key developmental strategies such as new product launch and acquisition to maintain their position in  the food service equipment market ,in terms of value sales. They also empha size on continuous innovations in their products to keep a strong foothold in the market and to boost the sales of food service equipment. 

According to the key market players ,kitchen space constraints encourage restaurants, hotels, bars, and others to seek for effective solutions for their commercial kitchens. Therefore, players are investing in R&D activities and making continuous efforts to in launch new and improved food service equipment ,which are space saving and can perform multiple functions. Thus, providing consumers effective solutions for their problem which.  Promotes the growth of the food service equipment  market.

Key players in the market have adopted new product launch, continuous innovation, and acquisition as their key developmental strategies to fulfil the rising demand for advanced and improved food service equipment in the food service industry.

However, high installation costs and integration capabilities required for the initial setup of the food service equipment are anticipated to hamper the market growth.

 

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FREQUENTLY ASKED QUESTIONS?
 

A. The global food service equipment market size was valued at $34.2 billion in 2019, and is projected to reach $56.3 billion by 2027, registering a CAGR of 6.2% from 2020 to 2027.

A. The global Food Service Equipment Market forecast period would be from 2020 to 2027.

A. The base year calculated in the Food Service Equipment Market report is 2019.

A. The key players operating in the global market focus on prominent strategies to overcome competition and maintain as well as improve their share worldwide. Some of the major players in the global food service equipment industry analyzed in this report include Duke Manufacturing Co. Inc., Electrolux, Dover Corporation, Illinois Tool Works (ITW), Inc., Ali Group S.r.l. a Socio Unico, Welbilt, Inc., Middleby Corporation, Alto-Shaam, Inc., Comstock-Castle Stove Co., Inc., and Cambro Manufacturing Co. Inc.

A. Storage & Handling Equipment is the most influencing segment growing in the Food Service Equipment Market.

A. Cooking equipment market holds maximum market share of the Food Service Equipment Market.

A. More than 50 companies have been analyzed during the course of study.

A. The global food service equipment market size was valued at $36.9 billion in 2020.

 

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