Food Service Equipment Market Growing at a CAGR of 4.55% During 2016 - 2021
PUNE, India, January 31, 2017 /PRNewswire/ --
The strong growth in Food Service Equipment market is driven by rise in per capita disposable consumer income, lower unemployment rate, need to replace or upgrade existing equipment and growing concern towards food safety and health. Global Food Service Equipment Market is forecasted to grow at a CAGR of 4.55% during 2016 - 2021.
Browse Tables and Figures, 10 Major Company Profiles, spread across 182 pages available at http://www.reportsnreports.com/reports/830266-global-food-service-equipment-market-by-product-type-by-end-user-by-region-by-country-trends-opportunities-and-forecast-2011-2021-by-product-type-cooking-refrigeration-ice-machine-storage-handlin-th-africa.html.
Refrigeration & Ice Machine Equipment hold the major percentage share in the total market and is also the fastest growing segment. Among the regions, North America holds the largest market share mainly due to well established foodservice industry and restaurants there demanding more energy efficient and technologically advanced equipment. However, APAC is expected to grow at a faster pace during forecasted period.
According to research report, Global Food Service Equipment Market - By Product Type, By End User, By Region, By Country (2016-2021), Global Food Service Equipment Market is projected to exhibit a CAGR of over ~4.55% during 2016 - 2021. Global food Service Equipment market has been segmented on the basis of Product -Cooking, Refrigeration & Ice Machine, Storage & Handling, Warewashing & Sanitation, Serving, Food Preparation; By End User - Full Service Restaurants, Limited Service Restaurants; Region (North America, Europe, APAC and ROW), Country(US, Canada, Mexico, UK, Germany, Japan, China, India, Brazil and South Africa).
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Company Profiles are Manitowoc Foodservice, Inc., ITW Food Equipment Group, The Middleby Corporation, Ali Group, Standex International, Vollrath Company, LLC, IMI Cornelius, Rational AG, Dover Corporation and Hoshizaki Corp.
Strategic Recommendation:
Growth in Rapid Food Testing Methods
Asia Pacific Region to witness the fastest growth in Food Service Equipment Market
Strict Rules on Food Safety by Regulatory Authorities
Major Points from Table of Content:
Food Service Equipment Product Overview
Global Food Service Equipment Market: Growth and Forecast
Global Food Service Equipment Market, By Product Type
Global Food Service Equipment Market-By End User
Global Food Service Equipment Market: Regional Analysis
Market Dynamics
Market Trends
Porter's Five Forces Analysis - Food Service Equipment Market
SWOT Analysis -Food Service Equipment Market
Policy and Regulatory Landscape
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Global Food Preservative Market by Manufacturers, Regions, Type and Application, Forecast to 2021
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