Food Service Equipment Market

1
Global Food Service Equipment Market 2017 2025

• Published by Accurize Market Research Pvt. Ltd.

2
Global Food Service Equipment Market is Estimated
to Reach 63 Billion by 2024

• Global food service equipment market report
  published by Accurize Market Research forecast
  that the global market is expected to reach 63
  billion by 2024 growing at a CAGR of 5.5 from
  2017 to 2025. By geography, the Asia Pacific and
  North America are expected to grow at a CAGR of
  XX and XX, respectively, during the forecast
  period.
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3
Global Food Service Equipment Market is Estimated
to Reach 63 Billion by 2024

• Rising digitalization and development of advanced
  products with internet connectivity to drive the
  growth of the market
• Growing digitalization and development of
  advanced products with internet connectivity
  fuels the demand for the global foodservice
  equipment market. Moreover, increasing hotels,
  restaurants, food joints and increasing awareness
  of energy consumption also boosts the growth of
  the market.

4
Market Segmentation

• The global foodservice equipment market has been
  bifurcated on the basis of type, wash ware
  equipment and geography. By type is further
  segmented into kitchen purpose, refrigerator,
  storage, ware washing, food holding serving and
  others.
• Furthermore, wash ware equipment is segmented
  into booster heaters, dishwashers, disposers,
  utensil washer, and others.
• By geography, the market is segmented into North
  America, Europe, Asia-Pacific and Rest of the
  World (RoW).

5
Market Segmentation

• The U.S., Mexico, and Canada are covered under
  North America wherein Europe covers the United
  Kingdom, Germany, Russia, and others.
• Asia-Pacific covers China, India, Japan, and
  others. Rest of the world (RoW) covers South
  America, the Middle East, and Africa.
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6
Market Segmentation

• Kitchen purposes and refrigeration accounted for
  the largest market share in the type segment ",
  says Accurize
• By type segment, kitchen purposes and
  refrigeration accounted for 28.9 and 21.3 of
  market share respectively, in the year 2017.
• Furthermore, by washware equipment segment,
  dishwashers and disposers accounted for 35.5 and
  19.6 shares respectively, in the year 2017.

7
Market Segmentation

• North America dominated the global market with
  the highest market share over the forecast
  period", says Accurize
• In 2017, North America accounted for the largest
  share of the market with 38.6 followed by Europe
  with 24.6.
• The Asia Pacific is the fastest-growing region in
  the global foodservice equipment market and is
  expected to continue this trend owing to rapid
  growth in urbanization and growing trend for
  consumption of ready to eat and processed food.

8
Top players in the market

• Major companies operating in the market include
• Hoshizaki Electric Co. Ltd
• Libbey Inc
• Tupperware Brands Corporation
• Dover Corporation
• Ali S.p.A
• Middleby Corporation
• Ali Group,
• Cambro Manufacturing Company, Inc

9
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