Product overview

Global Food Service Equipment is the equipment used for storage and preparation of products for commercial usage. Cooking equipment, ware washing equipment, handling, and storage equipment, food, and beverage equipment, and serving equipment are included in the foodservice equipment market, which is used in hotels, restaurants, and other commercial industries.

Market Highlights

Global Food Service Equipment Market grew at USD 31.64 billion in 2018 and is expected to reach USD XXX billion by 2030 at a CAGR of 5% in the forecast period. High-end technologies demand along with the expansion of the food industries is increasing the demand for the foodservice equipment market. Increased population with rising disposable income and their changing lifestyle also increase market growth.

Source: Fatpos Global

Global Food Service Equipment Market: Segments

Global Food Service Equipment Market can be segmented on the basis of product, end-use, and region.

By Product, it can be further categorized as cooking equipment storage and handling equipment, ware washing equipment, food, and beverage preparation equipment and serving equipment.

By End-use it can be sub-segmented into full-service restaurants and hotels, quick-service restaurants and pubs, and caterings.

The region segment can be further divided into five major types including North America, Latin America, Europe, APAC, and MENA.

Global Food Service Equipment Market: Drivers and Restraints

Increase in the foodservice sector to propel the market growth

The increase in the growth of foodservice sectors globally and rising processed food consumption as well as the need for quick-service restaurants to drive the market growth. The foodservice equipment manufacturers aim to focus on the long term cost-effective services that can be provided to improve food quality.

The high cost of foodservice equipment and lack of skilled operators are hindering the market growth.

Global Food Service Equipment Market: Regions

The region segment can be further divided into five major types including North America, Latin America, Europe, APAC, and MENA.

APAC region is predicted to register the highest growth in the market due to the high standard of living of people in developing countries such as India, China, Japan, and the growth of hotels and restaurant businesses. An increased population is also a driving factor in the growth of the market in APAC. Ware washing has increased preference in MENA due to the changing consumer spending patterns and rapid urbanization.

Source: Fatpos Global

Global Food Service Equipment Market is further segmented by region into:

North America Market Size, Share, Trends, Opportunities-o-Y Growth, CAGR – United States and Canada

Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America

Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe

APAC Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC

MENA Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA

Global Food Service Equipment Market: Key players

Duke Manufacturing Co. Inc

Business Strategy

Key Product offerings

Financial performance

Key Performance Indicators

Risk Analysis

Recent Development

Regional Presence

SWOT Analysis

Alto-Shaam, Inc.

Cambro Manufacturing Co. Inc.

Castle Stove

Dover Corporation

Electrolux

Illinois Tool Works Inc.

Ali S.p.A

Middleby Corporation

Welbilt, Inc.

Global Food Service Equipment Market report also contains analysis on:

Global Food Service Equipment Market segmentation

By Product

Cooking Equipment

Storage and Handling Equipment

Ware washing Equipment

Food and Beverage Preparation Equipment

Serving Equipment

By End-use

Full-service Restaurants and Hotels

Quick-service Restaurants and Pubs

Caterings

FAQs on Food Service Equipment Market

Which segment is anticipated to hold the largest market share

At what CAGR is the market anticipated to grow between 2020 and 2030

Who are the key players in the Global Food Service Equipment Market

What could be the challenging factors for the growth of Global Food Service Equipment Market

What are the growth drivers for Global Food Service Equipment Market

Contents

1. Executive Summary

2. Food Service Equipment Market

2.1. Product Overview

2.2. Market Definition

2.3. Segmentation

2.4. Assumptions and Acronyms

3. Research Methodology

3.1. Research Objectives

3.2. Primary Research

3.3. Secondary Research

3.4. Forecast Model

3.5. Market Size Estimation

4. Average Pricing Analysis

5. Market Dynamics

5.1. Growth Drivers

5.2. Restraints

5.3. Opportunity

5.4. Trends

6. Correlation & Regression Analysis

6.1. Correlation Matrix

6.2. Regression Matrix

7. Recent Development, Policies & Regulatory Landscape

8. Risk Analysis

8.1. Demand Risk Analysis

8.2. Supply Risk Analysis

9. Food Service Equipment Market Analysis

9.1. Porters Five Forces

9.1.1. Threat of New Entrants

9.1.2. Bargaining Power of Suppliers

9.1.3. Threat of Substitutes

9.1.4. Rivalry

9.2. PEST Analysis

9.2.1. Political

9.2.2. Economic

9.2.3. Social

9.2.4. Technological

10. Food Service Equipment Market

10.1. Market Size & forecast, 2019A-2030F

10.1.1. By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

10.1.2. By Volume (Million Units) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11. Food Service Equipment Market: Market Segmentation

11.1. By Regions

11.1.1. North America:(U.S. and Canada)

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.1.2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America)

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.1.3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe)

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.1.4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific)

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.1.5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa)

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.2. By Product : Market Share (2020-2030F)

11.2.1. equipment storage and handling equipment, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.2.2. ware washing equipment, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.2.3. food and beverage preparation equipment, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.2.4. serving equipment, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.3. By End-use : Market Share (2020-2030F)

11.4.1. full-service restaurants and hotels, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.4.2. quick-service Restaurants and pubs, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.4.3. caterings, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12. Company Profile

12.1. Duke Manufacturing Co. Inc.

12.1.1. Company Overview

12.1.2. Company Total Revenue (Financials)

12.1.3. Market Potential

12.1.4. Global Presence

12.1.5. Key Performance Indicators

12.1.6. SWOT Analysis

12.1.7. Product Launch

12.2. Alto-Shaam, Inc.

12.3. Cambro Manufacturing Co. Inc.

12.4. Castle Stove

12.5. Dover Corporation

12.6. Electrolux

12.7. Illinois Tool Works Inc.

12.8. Ali S.p.A

12.9. Middleby Corporation

12.10. Welbilt, Inc.

13. Consultant Recommendation

**The above given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.

Methodology/Research Approach

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Research Programs/Design

Historical Data (2015-2019)	Industry Trends Competitive Landscape By Company Expansion Mergers and Acquisitions Market Segment by Type by Application By Regions/ Geography	Value Status and Outlook Value for Major Players Market Share Growth Rate Present Situation Analysis Value Market Share Growth Rate Present Situation Analysis
Influencing Factors	Market Environment Government Policy Technological Changes Market Risks	Market Drivers Growing Demand of Downstream Reduction in Cost
Market Forecast (2021-2026)	Overall Size by Type by Application By Regions/Geography	Key Data (Value) Market Share Growth Rate CAGR (2021-2026)

Market Size Estimation

Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).

The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.

Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report

The following figure shows an illustrative representation of the overall market size estimation process used for this study.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.

Data Source

Secondary Sources

Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.

Market Size	Segmental value Geographic Penetration Product Adoption Rate for Different market	Journals, Websites, and Press Releases Annual Reports and SEC Filings Company Websites and Press Releases Public and Paid Databases Market Intellix Data Repository
Market Position of Top Company	Product Financials Geographic value Mix Total Company value Business/Segmental value Mix
Qualitative Analysis	Influence Factors Market Potential Market Risks and Opportunities Industry Trends Geographical Features Government Policies	Company Websites and Press Releases Public and Paid Databases Annual Reports Industry Associations Market Intellix Data Repository

Primary Sources

In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.

Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.

Key Executives Interviewed

Key Data Information from Primary Sources

Primary Sources	Parameters	Key Data
Market Segments(by Application, by Type)	Value by Type Status and Forecast Value by Application Value by Regions, Status and Forecast (2021-2026)	Value Market Share by Type Value Growth Rate by Type Value by Application Percentage and Growth Rate by Application Value Growth Rate and Market Share by Regions Market Size Status and Forecast (2021-2026)
Total Market	Overall Size, Status and Forecast	Market Size Status and Forecast (2021-2026)