“Demand for sustainable storage options to propel growth of food service equipment” says new Visiongain report
16 July 2019
Visiongain has launched a new report Food Service Equipment Market Report 2019-2029: Forecasts by Product Type (Food Preparation Equipment, Cooking Equipment, Heating & Holding Equipment, Refrigerators & Chillers, Baking Equipment, and Other F&B Service Equipment), by Application Sector (Full Service Restaurants, Quick Service Restaurants, Caterers, and Hotels & Club Restaurants) and Geography (North America, Latin America, Asia Oceania, Europe, and Middle East & Africa).
The ongoing trade of food over the globe has given rise to exchange of processed, canned and frozen food which needs efficient refrigeration equipment to transport the food products. Increasing environmental concerns and strict regulations regarding the use of refrigerants with a high potential of causing global is expected to provide an impetus to the growth of food service equipment. Food service equipment includes cooking equipment, ware washing equipment, storage equipment, refrigeration equipment, and serving equipment among others. Restaurants, hotels, and clubs use food service equipment for cooking, cleaning, storage, preparation, and serving of food and beverages. Food service equipment are developed for cooking and storage of high volume of edible products in commercial establishments.
The increasing urbanization, and growth in disposable income also support the growth of food service equipment market. The increasing awareness regarding the use of efficient & environmental friendly appliances has encouraged food establishments to use energy efficient and smart equipment. However, high energy consumption, complexities regarding usage, and high costs limit the growth of the food service equipment market.
Leading companies featured in the report who are developing Food Service Equipment are AB Electrolux, Ali S.p.A, Hobart Corporation, Manitowoc Foodservices Inc., Fujimak Corporation, Hoshizaki Electrical Co. Ltd, Rational AG, Dover Corporation , Tupperware Brands Corporation, Duke Manufacturing C. Inc., Libbey Inc., Vollrath Co., Middleby Corporation, and Cambro Manufacturing Co. Inc.
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