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Food Service Equipment Market by Product Type (Cooking Equipment, Storage & Handling Equipment, Ware Washing Equipment, and Serving Equipment) and End Use (Full-Service Restaurants & Hotels, Quick Service Restaurants & Pubs, and Catering): Global Opportunity Analysis and Industry Forecast, 2021–2027

A01272
Pages: 224
Dec 2020 | 25194 Views
 
Author(s) : Priya , Roshan Deshmukh
Tables: 113
Charts: 61
 

COVID-19

Pandemic disrupted the entire world and affected many industries.

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The global food service equipment market size was valued at $34,252.0 million in 2019, and is projected to reach $44,810.8 million by 2027, registering a CAGR of 5.7% from 2021 to 2027.

Food service equipment are used for preparation and storage of food products for commercial purposes. This equipment includes cooking equipment, storage & handling equipment, ware washing equipment, food & beverage preparation equipment, and serving equipment. These equipment are 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 has driven the food service equipment market demand 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 food service equipment market growth. Additionally, the food service equipment market analysis is done on the basis of regions, key players and segments.

FOOD-SERVICE-EQUIPMENT-Market-2020-2027

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Disruption in growth of the food service equipment market in 2020 is attributed to the COVID-19 outbreak. The food service equipment industry is majorly dependent on the hospitality sector for its revenue generation. The recent declaration regarding the shutdown of notable proportion of the hospitality industry, including full-service restaurants, pubs & bars, and quick service restaurants has dramatically hampered the sale of foodservice equipment. 

The food service industry is focusing on 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 to 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 into cooking equipment, storage & handling 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 food service equipment 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).

Food Service Equipment Market
By END USE

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The Full-service Restaurant & Hotel segment dominates the global FOOD SERVICE EQUIPMENT market and is expected to retain its dominance throughout the forecast period.

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By 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 5.3%. 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 6.8% during the forecast period. Storage & handling was the second highest revenue contributor in 2019, owing to increase in use of temperature-controlled storage equipment for perishable and processed food    .

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 food service equipment 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 7.7%. 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 Product Type

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The Cooking Equipment segment dominates the global FOOD SERVICE EQUIPMENT market and is expected to retain its dominance throughout 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 7.7% during the food service equipment market forecast period.

The key players operating in the global food service equipment market focus on prominent strategies including product launch, collaboration, acquisition, business expansion and partnership 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.

Food Service Equipment Market
By Region

2027
North America 
Europe
Asia-pacific
Lamea

The North America segment dominates the global FOOD SERVICE EQUIPMENT market and is expected to retain its dominance throughout the forecast period.

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Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the current trends, estimations, and dynamics of the global food service equipment market for the period of 2019–2027 to identify the prevailing market opportunities.
  • The report provides an extensive analysis of the current and emerging food service equipment market size, trends and opportunities.
  • The report provides detailed qualitative and quantitative analysis of the current food service equipment market trends and future estimations that help evaluate the prevailing food service equipment market opportunities in the market.
  • The food service equipment market forecast is offered along with information related to key drivers, restraints, and opportunities.
  • The food service equipment market analysis is conducted by following key product positioning and monitoring the top competitors within the market framework.
  • The report provides extensive qualitative insights on the potential segments or regions exhibiting favorable growth.

Key Market Segments

By Product type

  • Cooking Equipment
  • Storage & Handling Equipment
  • Warewashing Equipment
  • Food & Beverage Preparation Equipment
  • Serving Equipment

By End-use

  • 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

3.3.Porter's five forces analysis

3.3.1.Bargaining power of suppliers
3.3.2.Bargaining power of buyers
3.3.3.Thereat of new entrants
3.3.4.Threat of substitutes
3.3.5.Intensity of competitive rivalry

3.4.COVID-19 impact on food service equipment market
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

3.5.2.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.Warewashing 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 restaurant & hotel

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 restaurant & pub

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
6.2.3.Market size and forecast, by end use
6.2.4.Market size and forecast, by country

6.2.4.1.U.S.

6.2.4.1.1.Market size and forecast, by product
6.2.4.1.2.Market size and forecast, by end use

6.2.4.2.Canada

6.2.4.2.1.Market size and forecast, by product
6.2.4.2.2.Market size and forecast, by end use

6.2.4.3.Mexico

6.2.4.3.1.Market size and forecast, by product
6.2.4.3.2.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
6.3.3.Market size and forecast, by end use
6.3.4.Market size and forecast, by country

6.3.4.1.Germany

6.3.4.1.1.Market size and forecast, by product
6.3.4.1.2.Market size and forecast, by end use

6.3.4.2.France

6.3.4.2.1.Market size and forecast, by product
6.3.4.2.2.Market size and forecast, by end use

6.3.4.3.UK

6.3.4.3.1.Market size and forecast, by product
6.3.4.3.2.Market size and forecast, by end use

6.3.4.4.Italy

6.3.4.4.1.Market size and forecast, by product
6.3.4.4.2.Market size and forecast, by end use

6.3.4.5.Spain

6.3.4.5.1.Market size and forecast, by product
6.3.4.5.2.Market size and forecast, by end use

6.3.4.6.Rest of Europe

6.3.4.6.1.Market size and forecast, by product
6.3.4.6.2.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
6.4.3.Market size and forecast, by end use
6.4.4.Market size and forecast, by country

6.4.4.1.China

6.4.4.1.1.Market size and forecast, by product
6.4.4.1.2.Market size and forecast, by end use

6.4.4.2.Japan

6.4.4.2.1.Market size and forecast, by product
6.4.4.2.2.Market size and forecast, by end use

6.4.4.3.India

6.4.4.3.1.Market size and forecast, by product
6.4.4.3.2.Market size and forecast, by end use

6.4.4.4.Australia

6.4.4.4.1.Market size and forecast, by product
6.4.4.4.2.Market size and forecast, by end use

6.4.4.5.Rest of Asia-Pacific

6.4.4.5.1.Market size and forecast, by product
6.4.4.5.2.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
6.5.3.Market size and forecast, by end use
6.5.4.Market size and forecast, by country

6.5.4.1.Brazil

6.5.4.1.1.Market size and forecast, by product
6.5.4.1.2.Market size and forecast, by end use

6.5.4.2.UAE

6.5.4.2.1.Market size and forecast, by product
6.5.4.2.2.Market size and forecast, by end use

6.5.4.3.South Africa

6.5.4.3.1.Market size and forecast, by product
6.5.4.3.2.Market size and forecast, by end use

6.5.4.4.Rest of LAMEA

6.5.4.4.1.Market size and forecast, by product
6.5.4.4.2.Market size and forecast, by end use

CHAPTER 7:COMPANY LANDSCAPE

7.1.Top player positioning
7.2.Top winning strategies

CHAPTER 8:COMPANY PROFILES

8.1.ALI GROUP S.R.L. A SOCIO UNICO

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 Portfolio
8.1.6.Key strategic moves and developments

8.2.ALTO-SHAAM, INC.

8.2.1.Company overview
8.2.2.Key Executives
8.2.3.Company snapshot
8.2.4.Product Portfolio
8.2.5.Key strategic moves and developments

8.3.CAMBRO MANUFACTURING CO. INC.

8.3.1.Company overview
8.3.2.Key Executives
8.3.3.Company snapshot
8.3.4.Product Portfolio
8.3.5.Key strategic moves and developments

8.4.COMSTOCK-CASTLE STOVE CO., INC.

8.4.1.Company overview
8.4.2.Company snapshot
8.4.3.Product Portfolio

8.5.DOVER CORPORATION

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 Portfolio
8.5.6.Business performance
8.5.7.R&D Expenditure
8.5.8.Key strategic moves and developments

8.6.DUKE MANUFACTURING CO. 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 Portfolio
8.6.6.Key strategic moves and developments

8.7.ELECTROLUX

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 Portfolio
8.7.6.Business performance
8.7.7.R&D Expenditure
8.7.8.Key strategic moves and developments

8.8.ILLINOIS TOOL WORKS (ITW), INC.

8.8.1.Company overview
8.8.2.Key Executives
8.8.3.Company snapshot
8.8.4.Operating business segments
8.8.5.Product portfolio
8.8.6.Business performance
8.8.7.R&D Expenditure
8.8.8.Key strategic moves and developments

8.9.MIDDLEBY CORPORATION

8.9.1.Company overview
8.9.2.Key Executives
8.9.3.Company snapshot
8.9.4.Operating business segments
8.9.5.Product portfolio
8.9.6.Business performance
8.9.7.R&D Expenditure
8.9.8.Key strategic moves and developments

8.10.WELBILT, INC.

8.10.1.Company overview
8.10.2.Key Executives
8.10.3.Company snapshot
8.10.4.Operating business segments
8.10.5.Product Portfolio
8.10.6.R&D Expenditure
8.10.7.Business performance
8.10.8.Key strategic moves and developments

LIST OF TABLES

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

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.FOOD SERVICE EQUIPMENT MARKET SANPSHOT
FIGURE 03.TOP INVESTMENT POCKET, BY PRODUCT TYPE
FIGURE 04.MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 05.MODERATE BARGAINING POWER OF BUYERS
FIGURE 06.HIGH THEREAT OF NEW ENTRANTS
FIGURE 07.MODERATE THREAT OF SUBSTITUTES
FIGURE 08.HIGH INTENSITY OF COMPETITIVE RIVALRY
FIGURE 09.GLOBAL FOOD SERVICE EQUIPMENT MARKET SHARE, BY PRODUCT TYPE, 2020 (%)
FIGURE 10.COMPARATIVE SHARE ANALYSIS OF COOKING EQUIPMENT MARKET, BY COUNTRY, 2020 & 2027 (%)
FIGURE 11.COMPARATIVE SHARE ANALYSIS OF STORAGE & HANDLING EQUIPMENT MARKET ,BY COUNTRY, 2020 & 2027(%)
FIGURE 12.COMPARATIVE SHARE ANALYSIS OF WAREWASHING EQUIPMENT MARKET , BY COUNTRY, 2020 & 2027 (%)
FIGURE 13.COMPARATIVE SHARE ANALYSIS OF FOOD & BEVERAGE PREPARATION EQUIPMENT MARKET , BY COUNTRY, 2020 & 2027 (%)
FIGURE 14.COMPARATIVE SHARE ANALYSIS OF SERVING EQUIPMENT MARKET , BY COUNTRY, 2020 & 2027 (%)
FIGURE 15.FOOD SERVICE EQUIPMENT MARKET SHARE, BY END USE, 2020 (%)
FIGURE 16.COMPARATIVE SHARE ANALYSIS OF FOOD SERVICE EQUIPMENT MARKET FOR FULL-SERVICE RESTAURANT & HOTEL, BY COUNTRY, 2020 & 2027 (%)
FIGURE 17.COMPARATIVE SHARE ANALYSIS OF FOOD SERVICE EQUIPMENT MARKET FOR QUICK SERVICE RESTAURANT & PUB, BY COUNTRY, 2020 & 2027 (%)
FIGURE 18.COMPARATIVE SHARE ANALYSIS OF FOOD SERVICE EQUIPMENT MARKET FOR CATERING, BY COUNTRY,  2020 & 2027 (%)
FIGURE 19.FOOD SERVICE EQUIPMENT MARKET SHARE, BY REGION, 2020 (%)
FIGURE 20.U.S. FOOD SERVICE EQUIPMENT MARKET, 2019–2027 ($MILLION)
FIGURE 21.CANADA FOOD SERVICE EQUIPMENT MARKET, 2019–2027 ($MILLION)
FIGURE 22.MEXICO FOOD SERVICE EQUIPMENT MARKET, 2019–2027 ($MILLION)
FIGURE 23.GERMANY FOOD SERVICE EQUIPMENT MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 24.FRANCE FOOD SERVICE EQUIPMENT MARKET, 2019–2027 ($MILLION)
FIGURE 25.UK FOOD SERVICE EQUIPMENT MARKET, 2019–2027 ($MILLION)
FIGURE 26.ITALY FOOD SERVICE EQUIPMENT MARKET, 2019–2027 ($MILLION)
FIGURE 27.SPAIN FOOD SERVICE EQUIPMENT MARKET, 2019–2027 ($MILLION)
FIGURE 28.REST OF EUROPE FOOD SERVICE EQUIPMENT MARKET, 2019–2027 ($MILLION)
FIGURE 29.CHINA FOOD SERVICE EQUIPMENT MARKET, 2019–2027 ($MILLION)
FIGURE 30.JAPAN FOOD SERVICE EQUIPMENT MARKET, 2019–2027 ($MILLION)
FIGURE 31.INDIA FOOD SERVICE EQUIPMENT MARKET, 2019–2027 ($MILLION)
FIGURE 32.AUSTRALIA FOOD SERVICE EQUIPMENT MARKET, 2019–2027 ($MILLION)
FIGURE 33.REST OF ASIA-PACIFIC FOOD SERVICE EQUIPMENT MARKET, 2019–2027 ($MILLION)
FIGURE 34.BRAZIL FOOD SERVICE EQUIPMENT MARKET, 2019–2027 ($MILLION)
FIGURE 35.UAE FOOD SERVICE EQUIPMENT MARKET, 2019–2027 ($MILLION)
FIGURE 36.SOUTH AFRICA FOOD SERVICE EQUIPMENT MARKET, 2019–2027 ($MILLION)
FIGURE 37.REST OF LAMEA FOOD SERVICE EQUIPMENT MARKET, 2019–2027 ($MILLION)
FIGURE 38.TOP PLAYER POSITIONING OF TOP 10 KEY PLAYERS
FIGURE 39.TOP WINNING STRATEGIES, BY YEAR, 2015–2018
FIGURE 40.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2015–2018 (%)
FIGURE 41.TOP WINNING STRATEGIES, BY COMPANY, 2015–2018
FIGURE 42.DOVER CORPORATION: REVENUE, 2016–2018 ($MILLION)
FIGURE 43.DOVER CORPORATION: R&D EXPENDITURE, 2016–2018 ($MILLION)
FIGURE 44.DOVER CORPORATION: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 45.DOVER CORPORATION: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 46.ELECTROLUX: REVENUE, 2016–2018 ($MILLION)
FIGURE 47.ELECTROLUX: R&D EXPENDITURE, 2016–2018 ($MILLION)
FIGURE 48.ELECTROLUX: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 49.ELECTROLUX: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 50.ILLINOIS TOOL WORKS INC.: REVENUE, 2016–2018 ($MILLION)
FIGURE 51.ILLINOIS TOOL WORKS INC.: R&D EXPENDITURE, 2016–2018 ($MILLION)
FIGURE 52.ILLINOIS TOOL WORKS INC.: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 53.ILLINOIS TOOL WORKS INC.: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 54.MIDDLEBY CORPORATION: REVENUE, 2016–2018 ($MILLION)
FIGURE 55.MIDDLEBY CORPORATION: R&D EXPENDITURE, 2016–2018 ($MILLION)
FIGURE 56.MIDDLEBY CORPORATION: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 57.MIDDLEBY CORPORATION: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 58.WELLBILT INC.: R&D EXPENDITURE, 2016–2018 ($MILLION)
FIGURE 59.WELBILT, INC.: REVENUE, 2016–2018 ($MILLION)
FIGURE 60.WELBILT, INC.: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 61.WELBILT, INC.: REVENUE SHARE BY REGION, 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 emphasize 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 launch new and improved food service equipment, which are space saving and can perform multiple functions. Thus, providing consumers effective solutions for their problem. This in turn is increasing the demand for food service equipment in the market contributing to the growth of the food service equipment market.

Moreover, as per the key players, the increasing adoption of automation in the industry has contributed in driving the growth of the market amidst of covid 19. For instance, product such as automated cooking & beverage systems, touchless pick-up & delivery equipment, cloud based IoT solution, and other automated equipment are in demand as they are addressing the evolving foodservice environment accelerated due the covid 19 pandemic. This in turn is also anticipated to offer immense opportunity for the growth of the industry even aftermath of covid 19 in terms of value sales.

The Key players further added that growth in the food service industry and rising preference for quick service restaurants has boosted the growth of the food service equipment market. 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?
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A. The global food service equipment market was valued at $34,252.0 million in 2019.

A. The forecast period in the food service equipment market is considered from the year 2021 to 2027.

A. The base year calculated in food service equipment market report is 2019.

A. Key players in the market include Duke Manufacturing Co. Inc., Electrolux, Dover Corporation, Illinois Tool Works, Ali Group S.r.l. a Socio Unico, Welbilt, Middleby Corporation, Alto-Shaam, Comstock-Castle Stove Co., Inc., and Cambro Manufacturing.

A. The storage & handling equipment is the most influencing segment growing in the food service equipment market report.

A. The North America market holds the maximum share in the food service equipment market.

A. The company profile has been selected based on their product offering in the food service equipment market.

A. The global food service equipment market was valued at $23,839.4 million in 2020.

A. The recent declaration regarding the shutdown of the full-service restaurants, quick service restaurants and others during the covid 19 has hampered the sale of foodservice equipment. This has negatively impacted the growth of the market.

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