Food service equipment market in Europe expected to generate around USD 11,552 million by 2024, at a CAGR of around 3.4% between 2019 and 2024. The food service equipment market is likely to grow majorly over the estimated timeframe due to the development made in the hospitality industry resulting in the rising number of hotels and restaurants globally.
Food Service Equipment Market
The report covers a forecast and an analysis of the food service equipment market in Europe. The study provides historical data from 2015 to 2018 along with a forecast from 2019 to 2024 based on revenue (USD Million). The study includes drivers and restraints of the food service equipment market along with their market impact over the forecast period. Additionally, the report includes the study of opportunities available in the food service equipment in Europe.
In order to give the users of this report a comprehensive view of the food service equipment in Europe, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.
The report provides company market share analysis to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new product launch, agreements, partnerships, collaborations & joint ventures, research & development, and country of major market participants involved in Europe. Moreover, the study covers price trend analysis and the product portfolio of various companies according to the country.
The study provides a decisive view of the food service equipment by segmenting the market based on product, end-user, and country. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2024. On the basis of product, the food service equipment market is segmented into refrigeration, kitchen purposes, storage, food holding and serving, ware washing, and others. Based on end-user, the food service equipment market is segmented into quick-service restaurants and pubs, full-service restaurants and hotels, supermarkets and chain stores, and caterings. The country-wise segment includes for France, UK, Germany, Poland, Russia, Spain, Italy, and Rest of Europe.
Some major players operating in the food service equipment market are Electrolux, Libbey Inc., Tupperware Brands Corporation, Duke Manufacturing Co. Inc., Cambro Manufacturing Company, Inc., Hoshizaki Electric Co., Ltd., Dover Corporation, Rational AG, Manitowoc Foodservice Inc., Middleby Corporation, Ali Group, Coreco, Liebherr, Infrico, Bizerba, Micro Matic, Sirman, and Hobart Corporation, among others.
This report segments the food service equipment market into:
Europe Food Service Equipment Market: Product Analysis
Europe Food Service Equipment Market: End-User Analysis
Europe Food Service Equipment Market: Country-Wise Segment Analysis