Food Service Equipment Market by Type, Price and Innovation to See Modest Growth

1. Food Service Equipment Market Set to Exceed CAGR Of $62 Billion By 2026 | CAGR: 5.3%

2. Food Service Equipment Market Size Worth $62 Billion By 2026 “Food Service Equipment Market Share, Size, Trends, Industry Analysis Report By Type (Cooking Equipment, Serving Equipment, Refrigeration Equipment, Storage Equipment, Warewashing Equipment, Food & Beverage Preparation Equipment); By End-User (Hotels and Clubs, Full Service Restaurants, Quick Service Restaurants); By Region Segments & Forecast, 2018-2026” The Global Food Service Equipment Market is anticipated to reach USD 62 billion by 2026 according to a new research published by Polaris Market Research. In 2017, the cooking and food & beverage preparation equipment segments dominated the global market, in terms of revenue. North America is expected to be the leading contributor to the global market revenue during the forecast period. The significant increase in food establishments, and the growing hospitality industry are the major factors driving the growth of the Food Service Equipment market. The changing lifestyles and increasing disposable incomes are leading to higher instances of dining at restaurants and living at hotels and resorts. The growing demand for affordable and energy efficient equipment supports the growth of the market. Browse Detailed Research Report On Food Service Equipment Market Analysis: https://www.polarismarketresearch.com/industry-analysis/food-service-equipment-market Hotels and restaurants are increasingly adopting technologically advanced food service equipment for performing kitchen activities efficiently and offering enhanced services to consumers. Restaurant businesses prefer compact and space efficient equipment, which encourages market players to launch new products in the global market. Increasing spending on the hospitality sector, and tourism activities encourage restaurant owners to improve their infrastructure and offer enhanced services. Moreover, the Food Service Equipment market is also driven by increasing need to use food service equipment that consume less energy and provide faster kitchen services. Growing concerns regarding environment and increasing adoption of energy efficient food service equipment are expected to offer numerous growth opportunities in the future. However, high costs associated with food service equipment, and high installation prices restrict the growth of the Food Service Equipment market. The North America Food Service Equipment market generated the highest revenue in the market in 2017, and is expected to lead the global market during the forecast period. The high living standards along with high disposable income in the region drive the market growth. Other factors supporting market growth in North America include growth in tourism industry, increasing awareness regarding energy efficient equipment, and growing adoption of smart technologies. The Asia-Pacific Food Service Equipment market is expected to grow at a significant rate during the forecast period owing to the increasing population and improving living standards. The different end-users of food service equipment include hotels and clubs, full service restaurants, quick service restaurants, and others. In 2017, hotels and clubs accounted for the highest market share owing to increasing need to offer enhanced services to consumers. Hotels and clubs are increasingly adopting technologically advanced food service equipment to meet high storage demands and to offer fresh & high quality food. Food establishments are also inclined towards using energy efficient service equipment owing to growing environmental concerns. - 2 -

3. Food Service Equipment Market Size Worth $62 Billion By 2026 The leading companies profiled in the Food Service Equipment market report include Dover Corporation, Haier Electronics Group Co., Ltd., Duke Manufacturing Co. Inc., Illinois Tool Works (ITW) Inc., Fujimak Corporation, Duke Manufacturing Co. Inc., Ali Group, Hoshizaki Corporation, Middleby Corporation, Manitowoc Company Inc, and AB Electrolux among others. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers. Request for sample:https://www.polarismarketresearch.com/industry-analysis/food-service- equipment-market/request-for-sample TABLE OF CONTENTS •Overview and Scope o Research goal & scope o Research assumptions o Research Methodology ▪ Primary data sources ▪ Secondary data sources o Key take-away o Stakeholders •Executive Summary o Market Definition o Market Segmentation •Food Service Equipment Market Insights o Food Service Equipment – Industry snapshot o Food Service Equipment - Ecosystem analysis o Food Service Equipment Market Dynamics ▪ Food Service Equipment – Market Forces •Food Service Equipment Market Driver Analysis •Food Service Equipment Market Restraint/Challenges analysis - 3 -

4. Food Service Equipment Market Size Worth $62 Billion By 2026 ▪Food Service Equipment Market Opportunity Analysis o Industry analysis - Porter's five force ▪ Bargaining power of supplier ▪ Bargaining power of buyer ▪ Threat of substitute ▪ Threat of new entrant ▪ Degree of competition o Food Service Equipment Market PEST Analysis, 2016 o Food Service Equipment Market Value Chain Analysis o Food Service Equipment Industry Trends o Competitive Ranking Analysis •Food Service Equipment Market Size and Forecast, 2017-2026 by Type o Key Findings o Cooking Equipment o Serving Equipment o Refrigeration Equipment o Storage Equipment o Warewashing Equipment o Food & Beverage Preparation Equipment o Others •Food Service Equipment Market Size and Forecast, 2017-2026 by End-Users o Key Findings o Full Service Restaurants o Quick Service Restaurants o Hotels and Clubs o Others •Food Service Equipment Market Size and Forecast, 2017-2026 by Region o Key Findings o North America ▪ US. ▪ Canada ▪ Mexico o Europe ▪ Germany ▪ UK ▪ France ▪ Italy ▪ Rest of Europe o Asia-Pacific ▪ China ▪ India ▪ Japan ▪ Rest of Asia-Pacific o Latin America ▪ Brazil ▪ Middle East & Africa •Company Profiles o Dover Corporation ▪ Overview ▪ Financials ▪ Product Benchmarking ▪ Recent Developments - 4 -

5. Food Service Equipment Market Size Worth $62 Billion By 2026 o Haier Electronics Group Co., Ltd. ▪ Overview ▪ Financials ▪ Product Benchmarking ▪ Recent Developments o Illinois Tool Works (ITW) Inc. ▪ Overview ▪ Financials ▪ Product Benchmarking ▪ Recent Developments o Fujimak Corporation ▪ Overview ▪ Financials ▪ Product Benchmarking ▪ Recent Developments o Duke Manufacturing Co. Inc. ▪ Overview ▪ Financials ▪ Product Benchmarking ▪ Recent Developments o Ali Group ▪ Overview ▪ Financials ▪ Product Benchmarking ▪ Recent Developments o Hoshizaki Corporation ▪ Overview ▪ Financials ▪ Product Benchmarking ▪ Recent Developments o Middleby Corporation ▪ Overview ▪ Financials ▪ Product Benchmarking ▪ Recent Developments o Manitowoc Company Inc ▪ Overview ▪ Financials ▪ Product Benchmarking ▪ Recent Developments o AB Electrolux ▪ Overview ▪ Financials ▪ Product Benchmarking ▪ Recent Developments Access Press Release on Food Service Equipment Market: https://www.polarismarketresearch.com/press-releases/food-service-equipment- market About Polaris Market Research - 5 -

6. Food Service Equipment Market Size Worth $62 Billion By 2026 Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers. E mail Id: sales@polarismarketresearch.com Web: www.polarismarketresearch.com - 6 -