DUBLIN, Oct. 28, 2015 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/dp9bhj/global_food) has announced the addition of the "Global Food Warming Trays Market 2015-2019" report to their offering.
The global food warming trays market to grow at a CAGR of 6.28% over the period 2014-2019.
The report, Global Food Warming Trays Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the APAC, Europe, North America, and ROW; it also provides the landscape of the global food warming trays market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
This report covers the present scenario and the growth prospects of the global food warming trays market for the period 2015-2019. To calculate the market size, the report considers revenue generated from the sales of electric food warming trays.
With the increase in per capita income, an increase in the adoption of electric and technologically advanced products is seen in developing markets, especially among the higher-income segments. Also, there has been a rise in the number of working members in families in regions, resulting in the need for time-saving kitchen appliances.
According to the report, the changing eating and lifestyle habits of people will help the market for electric kitchen appliances like food warming trays register growth in the forecast period. While older generations have a more traditional taste in food, millennials have developed a taste for exotic and diverse foods.
Further, the report states that food warming trays are a fairly new innovation in the market and not many people are aware of them. This is a major impediment to the growth of the market.
- Broil King
- Jarden Consumer Solutions
Other prominent vendors
- Hostess Trolley World
- Nostalgia Products Group
For more information visit http://www.researchandmarkets.com/research/dp9bhj/global_food
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SOURCE Research and Markets