Cart
0
Get 20% Free Customization In This Report
Buy this report from - $3759

Food Service Equipment Market by Product Type (Cooking Equipment, Storage & Handling Equipment, Warewashing Equipment, Food & Beverage Preparation Equipment and Serving Equipment), End User (Full-Service Restaurants and Hotels, Quick-Service Restaurants and Pubs and Caterers) - Global Opportunities and Industry Forecasts, 2014-2022

CO 161597
Pages: 140
Sep 2016 | 2784 Views
face gplus_n
Author's : Preksha Verma
Tables: 39
Charts: 72
twit_n pr_n

Food Service Equipment Industry Overview:

Food Service Equipment Market was valued at $29,809 million, and is expected to reach $43,379 million by 2022, supported by a CAGR of 5.7%.

Food service equipment are vital to the food service industry as they aid the vendors to prepare and serve variety of food items. Amongst the different types of food service equipment, globally, the use of cooking equipment is highest as it contributes to nearly 1/3rd of the total market share, in terms of value. Market demand for storage and handling equipment is also increasing, owing to rise in number of hotels and restaurants, demand for ready-to-eat & packaged food, and to preserve the food items for longer duration. AB Electrolux, Manitowoc Food service, Inc., The Middleby Corporation, and Ali S.p.A are some of the key market players operating in this market. Companies focus on new product launch to enhance their market share, for instance, in September 2015, Merrychef, a subsidiary of Manitowoc Food service, Inc., launched eikon e2s oven, the smallest high-speed oven, suitable to cook, reheat, toast & bake sandwiches, pizzas, and wraps.

Food service Equipment Market Segmentation

Food service equipment market segmentation

Segment Review:

The report segments the global food service equipment market based on product type, end user, and geography. By product type, it is categorized into cooking equipment, warewashing equipment, storage & holding equipment, food & beverage preparation equipment, and serving equipment. Warewashers are gaining market popularity as they play a vital role in maintaining the hygiene and cleanliness of the kitchen and also help in automated cleaning of the used utensils and dishes. Further, storage & handling equipment is projected to be the fastest growing segments, with estimated CAGR of 6.7% during the forecast period.

Geographically, the global food service equipment market is segmented into North America, Europe, Asia-Pacific, and LAMEA. In 2015, North America accounted for over 35% revenue share due to rapid growth in food service industry and high product penetration in the region, and is estimated to grow at a CAGR of 4.5%. However, Asia-Pacific is anticipated to be the fastest growing market growing at a CAGR of 7.3%.

Based on end user, the market is categorized into full-service restaurants & hotels, quick-service restaurants & pubs, and caterers. The use of food service equipment is highest in full-service restaurants & hotels.

Top Investment Pockets in Food service Equipment Market

Top Investment Pockets in Food Service Equipment Market
 

In 2015, the food service equipment market generated $29,809 million revenue and is estimated to garner $43,379 million by 2022, with a notable CAGR of 5.7% during 2016 to 2022. The increase in demand for processed and junk food, increase in variety of food items in the menu, rapidly growing restaurant & hotel industry, and developments in urban infrastructure in both developed and developing countries are key factors that drive the market growth. In addition, growth in preference for refrigerated food & drinks as well as demand for technologically advanced products in commercial kitchens have significantly fostered the demand for food service equipment.

However, high capital investment and complexities associated with the installation and usage of equipment could restrain the market growth. Moreover, the introduction of new regulations by the European government regarding refrigerant leakages and F-gas emission are expected to offer growth in demand for replacement products as the companies need to replace their existing equipment with new energy-efficient devices. Moreover, rapid commercialization, rise in living standards, and digitization in kitchens in Asia-Pacific would provide a boost to the market.

Growth of end user market:

End user market such as full-service restaurants & hotels, quick-service restaurants, pubs, and caterers has seen a global growth. Improvement in living standards in developing nations and significant investments in restaurants and cafes for better infrastructure have increased the expenditure on food and related items. Furthermore, stringent government regulations imposed on high energy consumption and gas emission are anticipated to boost the sales of energy-efficient, cost-effective, and advanced kitchen equipment such as refrigeration devices and ovens.

Restaurant Industry Sales in U.S.

Restaurant Industry Sales in U.S.
 

According to National Restaurant Association, the restaurant industry in U.S. is on the recovery road, with industry sales projected to be approx. $683 billion, up by 3.6% over 2013.

Top Winning Strategies for Global Food service Equipment Market (2013‐2016)

Top Winning Strategies for Global Foodservice Equipment Market (2013-2016)

Product launch is a key strategy adopted by prominent market players. This can be attributed to the convenience and need for efficient kitchens. For instance, in September 2016, AB Electrolux launched new “Mastery” range of kitchen products, which include dishwashers and customized refrigerators with flexible door storage and a hands-free hood. The major players profiled in this report include AB Electrolux, Duke Manufacturing Co. Inc., Dover Corporation, Hoshizaki Corporation, Illinois Tool Works Inc., Haier Electronics Group Co. Ltd., Ali S.p.A, Manitowoc Food service, Inc., The Middleby Corporation, and Fujimak Corporation.

Other players in the value chain include Standex International Corporation, Hobart Corporation, Rational AG, Libbey Inc., The Vollrath Company, LLC, Cambro Manufacturing Co. Inc., Alto-Shaam, Inc., TriMark USA, LLC, Edward Don & Company, Boelter, Nisbets Plc. Catering Equipment Supplies, Castle Stove, Montague and The Moffat Group.

Key Benefits

  • The study provides an in-depth analysis of the food service equipment market, with current trends and future estimations to elucidate on the imminent investment pockets.
  • The report provides a detailed impact analysis and information on key drivers, restraints, and opportunities.
  • Porter’s Five Forces Model illustrates market scenario by analyzing various parameters such as threat of new entrants, threat of substitutes, strength of the buyers, and strength of the suppliers operating in the market.
  • The value chain analysis signifies the key intermediaries involved and elaborates their roles and value additions at every stage.
  • The quantitative analysis of the market from 2014‐2022 is provided to elaborate the market potential.

Food Service Equipment Market Key Segment:

BY PRODUCT TYPE

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

BY END USER

  • Full-Service Restaurants & Hotels
  • Quick-Service Restaurants & Pubs
  • Caterers

BY GEOGRAPHY

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Australia
    • Japan
    • India
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • UAE
    • South Africa
    • Rest of LAMEA

KEY PLAYERS IN THE VALUE CHAIN

  • AB Electrolux
  • Duke Manufacturing Co. Inc.
  • Dover Corporation
  • Hoshizaki Corporation
  • Illinois Tool Works Inc.
  • Haier Electronics Group Co. Ltd.
  • Ali S.p.A
  • Manitowoc Food service, Inc.
  • The Middleby Corporation
  • Fujimak Corporation
  • Standex International Corporation
  • Hobart Corporation
  • The Vollrath Company, LLC
  • Rational AG
  • Libbey Inc.
  • Cambro Manufacturing Co. Inc.
  • Alto-Shaam, Inc.,
  • TriMark USA,LLC,
  • Edward Don & Company
  • Boelter
  • Nisbets Plc. Catering Equipment Supplies
  • The Moffat Group
  • Castle Stove
  • Montague
 

Chapter: 1 INTRODUCTION

1.1 Report description
1.2 Key benefits
1.3 Market segmentation
1.4 Research methodology

1.4.1 Secondary research
1.4.2 Primary research
1.4.3 Analyst tools and models

Chapter: 2 EXECUTIVE SUMMARY

2.1 CXO perspective

Chapter: 3 MARKET OVERVIEW

3.1 Market definition and scope
3.2 Key findings

3.2.1 Top impacting factors
3.2.2 Top winning strategies
3.2.3 Top investment pockets

3.3 Porters five forces analysis

3.3.1 Low product differentiation and presence of numerous suppliers reduce the bargaining power of suppliers
3.3.2 Large number of buyers and manufacturers and product differentiation moderates the bargaining power of buyers
3.3.3 Lack of standard specifications, stringent energy efficiency norms and high initial investment moderates the threat of new entrants
3.3.4 Diverse product offerings and low switching costs lead to high rivalry
3.3.5 Unavailability of other automated FOOD SERVICE equipment lowers the threat of substitution

3.4 Value chain analysis
3.5 Market share analysis, 2015
3.6 Market dynamics

3.6.1 Drivers

3.6.1.1 Growth of the hospitality industry
3.6.1.2 Lifestyle changes
3.6.1.3 Advancement in refrigeration technology
3.6.1.4 Rise in preference for quick service restaurants
3.6.1.5 Increasing concerns of food safety

3.6.2 Restraints

3.6.2.1 High capital requirement

3.6.3 Opportunities

3.6.3.1 Regulatory benefits
3.6.3.2 Increasing demand for energy-efficient and cost-effective products

Chapter: 4 FOOD SERVICE EQUIPMENT MARKET BY PRODUCT TYPE

4.1 Overview

4.1.1 Market size and forecast

4.2 Cooking equipment

4.2.1 Key market trends

4.2.1.1 Grills
4.2.1.2 Fryers
4.2.1.3 Ovens
4.2.1.4 Cooking & bakery utensils

4.2.2 Key growth factors and opportunities
4.2.3 Market size and forecast

4.3 Storage and handling equipment

4.3.1 Key market trends

4.3.1.1 Refrigeration
4.3.1.2 Food bags and containers
4.3.1.3 Food warmers

4.3.2 Key growth factors and opportunities
4.3.3 Market size and forecast

4.4 Warewashing equipment

4.4.1 Key market trends

4.4.1.1 Utensil washers
4.4.1.2 Dishwashers
4.4.1.3 Booster heaters
4.4.1.4 Others

4.4.2 Key growth factors and opportunities
4.4.3 Market size and forecast

4.5 Food & beverage preparation equipment

4.5.1 Key market trends

4.5.1.1 Slicers
4.5.1.2 Peelers
4.5.1.3 Mixer, blender and grinders
4.5.1.4 Food processors and juicers
4.5.1.5 Food preparation tools

4.5.2 Key growth factors and opportunities
4.5.3 Market size and forecast

4.6 Serving equipment

4.6.1 Key market trends

4.6.1.1 Dinnerware
4.6.1.2 Glassware

4.6.2 Key growth factors and opportunities
4.6.3 Market size and forecast

Chapter: 5 FOOD SERVICE EQUIPMENT MARKET BY END USER

5.1 Overview

5.1.1 Market size and forecast

5.2 Full-service restaurants and hotels

5.2.1 Key market trends
5.2.2 Key growth factors and opportunities
5.2.3 Market size and forecast

5.3 Quick-service restaurants and pubs

5.3.1 Key market trends
5.3.2 Key growth factors and opportunities
5.3.3 Market size and forecast

5.4 Catering

5.4.1 Key market trends
5.4.2 Key growth factors and opportunities
5.4.3 Market size and forecast

Chapter: 6 FOOD SERVICE EQUIPMENT MARKET BY REGION

6.1 Overview
6.2 North America

6.2.1 Key market trends
6.2.2 Key growth factors and opportunities
6.2.3 Market size and forecast

6.2.3.1 U.S.
6.2.3.2 Canada
6.2.3.3 Rest of North America

6.3 Europe

6.3.1 Key market trends
6.3.2 Key growth factors and opportunities
6.3.3 Market size and forecast

6.3.3.1 UK
6.3.3.2 Germany
6.3.3.3 Italy
6.3.3.4 France
6.3.3.5 Rest of Europe

6.4 Asia-Pacific

6.4.1 Key market trends
6.4.2 Key growth factors and opportunities
6.4.3 Market size and forecast

6.4.3.1 China
6.4.3.2 Japan
6.4.3.3 India
6.4.3.4 Singapore
6.4.3.5 Rest of Asia-Pacific

6.5 LAMEA

6.5.1 Key market trends
6.5.2 Key growth factors and opportunities
6.5.3 Market size and forecast

6.5.3.1 Brazil
6.5.3.2 United Arab Emirates
6.5.3.3 South Africa
6.5.3.4 Rest of LAMEA

Chapter: 7 COMPANY PROFILES

7.1 Duke Manufacturing Co. Inc.

7.1.1 Company overview
7.1.2 Operating business segments
7.1.3 Strategic moves and developments

7.2 AB Electrolux

7.2.1 Company overview
7.2.2 Business performance
7.2.3 Operating business segments
7.2.4 Strategic moves and developments

7.3 Dover Corporation

7.3.1 Company overview
7.3.2 Business performance
7.3.3 Operating business segments

7.4 Hoshizaki Corporation

7.4.1 Company overview
7.4.2 Operating business segments
7.4.3 Strategic moves and developments

7.5 Illinois Tool Works (ITW) Inc.

7.5.1 Company overview
7.5.2 Business performance
7.5.3 Operating business segments
7.5.4 Strategic moves and developments

7.6 Haier Electronics Group Co., Ltd.

7.6.1 Company overview
7.6.2 Business performance
7.6.3 Operating business segments

7.7 Ali S.p.A

7.7.1 Company overview
7.7.2 Company snapshot
7.7.3 Operating business segments
7.7.4 Strategic moves and developments

7.8 The Manitowoc Company, Inc.

7.8.1 Company overview
7.8.2 Business performance
7.8.3 Operating business segments
7.8.4 Strategic moves and developments

7.9 The Middleby Corporation

7.9.1 Company overview
7.9.2 Business performance
7.9.3 Operating business segments
7.9.4 Strategic moves and developments

7.10 FUJIMAK CORPORATION

7.10.1 Company overview
7.10.2 Operating business segments
7.10.3 Strategic moves and developments

List of Tables

TABLE 1 GLOBAL FOODSERVICE EQUIPMENT MARKET BY PRODUCT TYPE, 2014-2022 ($MILLION)
TABLE 2 COOKING EQUIPMENT MARKET, BY REGION, 2014-2022 ($MILLION)
TABLE 3 STORAGE & HANDLING EQUIPMENT MARKET, BY REGION, 2014-2022 ($MILLION)
TABLE 4 WAREWASHING EQUIPMENT MARKET, BY REGION, 20142022 ($MILLION)
TABLE 5 FOOD & BEVERAGE PREPARATION EQUIPMENT MARKET, BY REGION, 2014-2022 ($MILLION)
TABLE 6 SERVING EQUIPMENT MARKET, BY REGION, 20142022 ($MILLION)
TABLE 7 GLOBAL FOODSERVICE EQUIPMENT MARKET, BY END USER, 2014-2022 ($MILLION)
TABLE 8 FULL-SERVICE RESTAURANTS AND HOTELS MARKET, BY REGION, 2014-2022 ($MILLION)
TABLE 9 QUICK SERVICE RESTAURANTS AND PUBS MARKET, BY REGION, 2014-2022 ($MILLION)
TABLE 10 CATERING MARKET, BY REGION, 2014-2022 ($MILLION)
TABLE 11 GLOBAL FOODSERVICE EQUIPMENT MARKET, BY REGION, 2014-2022 ($MILLION)
TABLE 12 NORTH AMERICA FOODSERVICE EQUIPMENT MARKET, BY PRODUCT TYPE, 2014-2022 ($MILLION)
TABLE 13 NORTH AMERICA FOODSERVICE EQUIPMENT MARKET, BY COUNTRY, 2014-2022 ($MILLION)
TABLE 14 EUROPE FOODSERVICE EQUIPMENT MARKET, BY PRODUCT TYPE, 2014-2022 ($MILLION)
TABLE 15 EUROPE FOODSERVICE EQUIPMENT MARKET, BY COUNTRY, 2014-2022 ($MILLION)
TABLE 16 ASIA-PACIFIC FOODSERVICE EQUIPMENT MARKET, BY PRODUCT TYPE, 2014-2022 ($MILLION)
TABLE 17 ASIA-PACIFIC FOODSERVICE EQUIPMENT MARKET, BY COUNTRY, 2014-2022 ($MILLION)
TABLE 18 LAMEA FOODSERVICE EQUIPMENT MARKET, BY PRODUCT TYPE, 2014-2022 ($MILLION)
TABLE 19 LAMEA FOODSERVICE EQUIPMENT MARKET, BY COUNTRY, 2014-2022 ($MILLION)
TABLE 20 DUKE MANUFACTURING CO. INC.: COMPANY SNAPSHOT
TABLE 21 DUKE MANUFACTURING CO. INC.: OPERATING SEGMENTS
TABLE 22 AB ELECTROLUX: COMPANY SNAPSHOT
TABLE 23 AB ELECTROLUX: OPERATING SEGMENTS
TABLE 24 DOVER CORPORATION: COMPANY SNAPSHOT
TABLE 25 DOVER CORPORATION: OPERATING SEGMENTS
TABLE 26 HOSHIZAKI CORPORATION: COMPANY SNAPSHOT
TABLE 27 HOSHIZAKI CORPORATION: OPERATING SEGMENTS
TABLE 28 ILLINOIS TOOL WORKS INC.: COMPANY SNAPSHOT
TABLE 29 ILLINOIS TOOL WORKS, INC.: OPERATING SEGMENTS
TABLE 30 HAIER ELECTRONICS GROUP CO., LTD.: COMPANY SNAPSHOT
TABLE 31 HAIER ELECTRONICS GROUP CO., LTD.: OPERATING SEGMENTS
TABLE 32 ALI S.P.A: COMPANY SNAPSHOT
TABLE 33 ALI S.P.A: OPERATING SEGMENTS
TABLE 34 THE MANITOWOC COMPANY, INC.: COMPANY SNAPSHOT
TABLE 35 MANITOWOC FOODSERVICE, INC.: OPERATING SEGMENTS
TABLE 36 THE MIDDLEBY CORPORATION: COMPANY SNAPSHOT
TABLE 37 MIDDLEBY CORPORATION: OPERATING SEGMENTS
TABLE 38 FUJIMAK CORPORATION: COMPANY SNAPSHOT
TABLE 39 FUJIMAK CORPORATION: OPERATING SEGMENTS

List of Figures

FIG. 1 TOP IMPACTING FACTORS OF FOOD SERVICE EQUIPMENT MARKET
FIG. 2 TOP WINNING STRATEGY ANALYSIS, 2013-2016 (% COMPARISON)
FIG. 3 TOP WINNING STRATEGY ANALYSIS
FIG. 4 TOP INVESTMENT POCKETS
FIG. 5 PORTERS FIVE FORCES MODEL
FIG. 6 VALUE CHAIN ANALYSIS OF FOOD SERVICE EQUIPMENT MARKET
FIG. 7 GLOBAL FOOD SERVICE EQUIPMENT MARKET (2015): MARKET SHARE ANALYSIS
FIG. 8 GLOBAL FOOD SERVICE EQUIPMENT MARKET, BY PRODUCT TYPE, 2015 & 2022 (% SHARE)
FIG. 9 COMPARATIVE REGIONAL MARKET SHARE ANALYSIS OF COOKING EQUIPMENT MARKET, 2015 & 2022 (%)
FIG. 10 GLOBAL COOKING EQUIPMENT MARKET, REVENUE, 20142022 ($MILLION)
FIG. 11 COOKING EQUIPMENT MARKET, BY REGION, 20142022 (%)
FIG. 12 COMPARATIVE REGIONAL MARKET SHARE ANALYSIS OF STORAGE & HANDLING EQUIPMENT MARKET, 2015 & 2022 (%)
FIG. 13 GLOBAL STORAGE & HANDLING EQUIPMENT MARKET, REVENUE, 20142022 ($MILLION)
FIG. 14 STORAGE & HANDLING EQUIPMENT MARKET, BY REGION, 20142022 (%)
FIG. 15 COMPARATIVE REGIONAL MARKET SHARE ANALYSIS OF WAREWASHING EQUIPMENT MARKET, 2015 & 2022 (%)
FIG. 16 GLOBAL WAREWASHING EQUIPMENT MARKET, REVENUE, 20142022 ($MILLION)
FIG. 17 WAREWASHING EQUIPMENT MARKET, BY REGION, 20142022 (%)
FIG. 18 COMPARATIVE REGIONAL MARKET SHARE ANALYSIS OF FOOD & BEVERAGE PREPARATION EQUIPMENT MARKET, 2015 & 2022 (%)
FIG. 19 GLOBAL FOOD & BEVERAGE PREPARATION EQUIPMENT MARKET, REVENUE, 20142022 ($MILLION)
FIG. 20 FOOD AND BEVERAGE PREPARATION EQUIPMENT MARKET, BY REGION, 20142022 (%)
FIG. 21 COMPARATIVE REGIONAL MARKET SHARE ANALYSIS OF SERVING EQUIPMENT MARKET, 2015 & 2022 (%)
FIG. 22 GLOBAL SERVING EQUIPMENT MARKET, REVENUE, 20142022 ($MILLION)
FIG. 23 SERVING EQUIPMENT MARKET, BY REGION, 20142022 (%)
FIG. 24 GLOBAL FOOD SERVICE EQUIPMENT MARKET, BY END USER, 2015 & 2022 (% SHARE)
FIG. 25 COMPARATIVE REGIONAL MARKET SHARE ANALYSIS OF FULL-SERVICE RESTAURANTS AND HOTELS MARKET, 2015 & 2022 (%)
FIG. 26 GLOBAL FULL-SERVICE RESTAURANTS AND HOTELS MARKET, REVENUE, 20142022 ($MILLION)
FIG. 27 FULL-SERVICE RESTAURANTS AND HOTELS MARKET, BY REGION, 20142022 (%)
FIG. 28 COMPARATIVE REGIONAL MARKET SHARE ANALYSIS OF QUICK-SERVICE RESTAURANTS AND PUBS MARKET, 2015 & 2022 (%)
FIG. 29 GLOBAL QUICK-ERVICE RESTAURANTS AND PUBS MARKET, REVENUE, 20142022 ($MILLION)
FIG. 30 QUICK-SERVICE RESTAURANTS AND PUBS MARKET, BY REGION, 20142022 (%)
FIG. 31 COMPARATIVE REGIONAL MARKET SHARE ANALYSIS OF CATERING MARKET, 2015 & 2022 (%)
FIG. 32 GLOBAL CATERERING MARKET, REVENUE, 20142022 ($MILLION)
FIG. 33 CATERERING MARKET, BY REGION, 20142022 (%)
FIG. 34 GLOBAL FOOD SERVICE EQUIPMENT MARKET SHARE, BY REGION, 2015(%)
FIG. 42 COMPARATIVE FOOD SERVICE EQUIPMENT MARKET SHARE ANALYSIS OF NORTH AMERICAN MARKET, BY PRODUCT TYPE, 2015 & 2022 (%)
FIG. 35 U.S. FOOD SERVICE EQUIPMENT MARKET, 20142022 ($MILLION)
FIG. 36 CANADA FOOD SERVICE EQUIPMENT MARKET, 20142022 ($MILLION)
FIG. 37 REST OF NORTH AMERICA FOOD SERVICE EQUIPMENT MARKET, 20142022 ($MILLION)
FIG. 38 COMPARATIVE FOOD SERVICE EQUIPMENT MARKET SHARE ANALYSIS OF EUROPEAN MARKET, BY PRODUCT TYPE, 2015 & 2022 (%)
FIG. 39 UK FOOD SERVICE EQUIPMENT MARKET, 20142022 ($MILLION)
FIG. 40 GERMANY FOOD SERVICE EQUIPMENT MARKET, 20142022 ($MILLION)
FIG. 41 ITALY FOOD SERVICE EQUIPMENT MARKET, 20142022 ($MILLION)
FIG. 42 FRANCE FOOD SERVICE EQUIPMENT MARKET, 20142022 ($MILLION)
FIG. 43 REST OF EUROPE FOOD SERVICE EQUIPMENT MARKET, 20142022 ($MILLION)
FIG. 44 COMPARATIVE FOOD SERVICE EQUIPMENT MARKET SHARE ANALYSIS OF ASIA-PACIFIC MARKET, BY PRODUCT TYPE, 2015 & 2022 (%)
FIG. 45 CHINA FOOD SERVICE EQUIPMENT MARKET, 20142022 ($MILLION)
FIG. 46 JAPAN FOOD SERVICE EQUIPMENT MARKET, 20142022 ($MILLION)
FIG. 47 INDIA FOOD SERVICE EQUIPMENT MARKET, 20142022 ($MILLION)
FIG. 48 SINGAPORE FOOD SERVICE EQUIPMENT MARKET, 20142022 ($MILLION)
FIG. 49 REST OF ASIA-PACIFIC FOOD SERVICE EQUIPMENT MARKET, 20142022 ($MILLION)
FIG. 50 COMPARATIVE FOOD SERVICE EQUIPMENT MARKET SHARE ANALYSIS OF LAMEA MARKET, BY PRODUCT TYPE, 2015 & 2022 (%)
FIG. 51 BRAZIL FOOD SERVICE EQUIPMENT MARKET, 20142022 ($MILLION)
FIG. 52 UAE FOOD SERVICE EQUIPMENT MARKET, 20142022 ($MILLION)
FIG. 53 SOUTH AFRICA FOOD SERVICE EQUIPMENT MARKET, 20142022 ($MILLION)
FIG. 54 REST OF LAMEA FOOD SERVICE EQUIPMENT MARKET, 20142022 ($MILLION)
FIG. 55 AB ELECTROLUX: REVENUE, 20132015 ($MILLION)
FIG. 56 AB ELECTROLUX: REVENUE, BY BUSINESS SEGMENT (%), 2015
FIG. 57 AB ELECTROLUX: SALES, BY GEOGRAPHY (%), 2015
FIG. 58 DOVER CORPORATION: REVENUE, 20132015 ($MILLION)
FIG. 59 DOVER CORPORATION: REVENUE, BY BUSINESS SEGMENT (%), 2015
FIG. 60 DOVER CORPORATION: SALES, BY GEOGRAPHY (%), 2015
FIG. 61 ILLINOIS TOOL WORKS INC., REVENUE: 20132015 ($MILLION)
FIG. 62 ILLINOIS TOOL WORKS INC.: REVENUE, BY BUSINESS SEGMENT (%), 2015
FIG. 63 ILLINOIS TOOL WORKS INC.: SALES, BY GEOGRAPHY (%), 2015
FIG. 64 HAIER ELECTRONICS GROUP CO., LTD.: REVENUE, 20132015 ($MILLION)
FIG. 65 HAIER ELECTRONICS GROUP CO., LTD.: REVENUE BY BUSINESS SEGMENT (%), 2015
FIG. 66 THE MANITOWOC COMPANY, INC.: REVENUE, 20132015 ($MILLION)
FIG. 67 MANITOWOC FOOD SERVICE, INC. FOR FOOD SERVICE EQUIPMENT.: REVENUE, 20132015 ($MILLION)
FIG. 68 THE MANITOWOC COMPANY, INC.: REVENUE BY BUSINESS SEGMENT (%), 2015
FIG. 69 2.8 THE MANITOWOC COMPANY, INC.: SALES, BY GEOGRAPHY (%), 2015
FIG. 70 THE MIDDLEBY CORPORATION: REVENUE, 20132015 ($MILLION)
FIG. 71 THE MIDDLEBY CORPORATION: REVENUE BY BUSINESS SEGMENT (%), 2015
FIG. 72 THE MIDDLEBY CORPORATION: SALES, BY GEOGRAPHY (%), 2015

 

Foodservice equipment market comprises cooking equipment, storage & handling, warewashing, food & beverage preparation equipment, and serving equipment. Companies manufacturing foodservice equipment have improvised on their product offerings to meet the demand for more technologically advanced kitchen equipment by hotels and restaurants.

In the current market scenario, North America leads the foodservice equipment market, closely followed by Europe, while Asia-Pacific and LAMEA hold huge growth potential in the future. The growth is likely to be driven by the burgeoning quick-service restaurant industry, technological advancements in kitchen equipment, and innovative product launches in types of equipment. Increasing per capita income in developing regions is also a major factor for the growth of restaurant industry, and therefore the foodservice equipment market.

A wide range of products are available in the foodservice equipment market manufactured to serve particular requirements of the specific industry. For instance, storage & handling equipment is most popular in European and Asia-Pacific countries owing to high demand for frozen food and beverages. Among end users, quick-service restaurant and pubs would grow at a significant growth rate due to growth in demand for quick and convenience food items in the market.

AB Electrolux, Illinois Tool Works Inc., Ali S.p.A, Manitowoc Foodservice, Inc., The Middleby Corporation, and Dover Corporation are among the top companies in the foodservice equipment market. These companies have established a strong global foothold while introducing varieties of innovative products such as convention ovens, automatic food processors, and others.

 

* Taxes/Fees, If applicable will be
added during checkout. All prices in USD.

 

Get More Information About This Report

For any queries about purchasing this report, Please fill the form below:

Please input the above text in the input box or click refresh

 

HAVE QUESTIONS?
SPEAK WITH ANALYST

 
 

FREQUENTLY ASKED
QUESTIONS?

 
 

DID YOU MISS ANYTHING?
DO YOU HAVE SPECIFIC REQUIREMENTS?

 
 
 

PURCHASE OPTIONS

* Taxes/Fees, If applicable will be
added during checkout. All prices in USD.

Reach out to us

Call us on
( U.S. - Canada toll free )
+1-800-792-5285,    Int'l : +1-503-894-6022
Drop us an email at
help@alliedmarketresearch.com

Send Enquiry
 
 

Why Allied Market Research

 

Infallible Methodology

To ensure high level data integrity, accurate analysis and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

 
 

Featured Reports

 
 

Featured Readings

 

Get Fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

 
Get Industry Data Alerts