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According to a new report Global Food Service Equipment Market, published by KBV Research, the global Food Service Equipment Market is expected to attain a market size of $42.9 billion by 2022, growing at a CAGR of 5.3% during the forecast period.
The Full-service restaurants and hotels market dominated the Global Food Service Equipment Market in 2015, growing at a CAGR of 4.7% during the forecast period. The Quick-service restaurants and pubs market is expected to grow at aCAGR of 5.7% by 2022.
The Cooking equipment market dominated the Global Food Service Equipment Market in 2015, growing at a CAGR of 2.8% during the forecast period. The Ware washing equipment market is expected to grow at a CAGR of 6.3% by 2022. The Storage and handling equipment market is anticipated to grow at a CAGR of 6.7% by 2022.
The North America market dominated the Global Food Service Equipment Market in 2015, growing at a CAGR of 4.4% during the forecast period. The Asia-Pacific market is expected to register a CAGR of 6.8% by 2022. However, Europe market is expected to grow at CAGR of 4.8% during 2016-2022.
The report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key influencing factors of the global Food Service Equipment have been discussed in the report along with the elaborated company profiles of Haier Group Corporation, AB Electrolux, Duke Manufacturing Co. Inc., Dover Corporation, Illinois Tool Works (ITW) Inc., The Manitowoc Company, Inc., The Middle by Corporation, and Fujimak Corporation.
Full report - https://www.kbvresearch.com/global-food-service-equipment-market/
Global Food Service Equipment Segmentation
By Product Type
ByEnd-User
By Geography
Companies Profiled
Unique Offerings from KBV Research
Related Reports:
North America Food Service Equipment Market
Europe Food Service Equipment Market