DUBLIN, Mar. 04, 2015 /PRNewswire/ --Research and Markets
(http://www.researchandmarkets.com/research/xncqfg/food_service) has announced the addition of the "Food Service Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020" report to their offering.
Global market for food service was valued at USD 35.00 billion in 2013 and is expected to reach USD 47.95 billion by 2020, growing at a CAGR of 4.5% during the forecast period from 2014 to 2020
Food service equipment market is segmented by product types, washware equipment and geography.
Growing hygiene and sanitation standards and increasing demand for eco-friendly appliances has supported the growth of the market. The global food service equipment market is expected to witness substantial growth during the forecast period. This is due to the increasing number of hotels, restaurants, fast food joints, hospitals and nursing homes among others. The increase in demand can also be attributed to the rules and regulations set by the food regulatory bodies. In addition, the growing demand for such equipment from educational institutes such as schools and universities is also influencing the growth of this market. It also plays an important role in maintaining the cleanliness and the sanitation standards of the kitchen, where the food is prepared.
Among the product types of food service equipment, kitchen purpose equipment has the largest market share in 2013. The reason behind being food preparation forms the integral part of any kitchen. Different types of equipment are used for preparing different dishes. The other product type of food service equipment includes refrigeration, storage, warewashing, food holding & serving and others. With the growth in the food service industry the demand for food service equipment is expected to increase in the coming years.
Key Topics Covered:
Chapter 1 Preface
Chapter 2 Executive Summary
Chapter 3 Market overview
Chapter 4 Global Food Service Equipment Market Analysis, by Product Type
Chapter 5 Global Food Service Equipment Market Analysis, by Washware Equipment
Chapter 6 Global Food Service Equipment Market Analysis and Forecast, by Geography
Chapter 7 Company Profiles
- Ali Group
- Alto Shaam Inc.
- Cambro Manufacturing Company, Inc.
- Dispensing Dynamics International Inc.
- Dover Corporation
- Duke Manufacturing Co. Inc.
- Electrolux AB
- Fujimak Corporation
- Hobart Corporation
- Hoshizaki Electric Co., Ltd.
- Libbey Inc.
- Manitowoc Company Inc.
- Middleby Corporation
- Rational AG
- Tupperware Brands Corporation
- Vollrath Co.
For more information visit http://www.researchandmarkets.com/research/xncqfg/food_service
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SOURCE Research and Markets