Market Research Reports

Food Service Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020

98pages
Published Date: 2014-12-30
 

Description



Food service equipment play a vital role in preparing, serving and storage of food in hotels, restaurants, fast food joints, hospitals, nursing homes and educational institutes among others. The global food service equipment market is expected to witness substantial growth during the forecast period. This is due to the increasing number of hotels, restaurants, fast food joints, hospitals and nursing homes among others. The increase in demand can also be attributed to the rules and regulations set by the food regulatory bodies. These factors are expected to spur the market throughout the forecast period. The global food service equipment market has been segmented by product types, washware equipment and by geography.

Based on the product type, the market is segmented into six types: kitchen purposes, refrigeration, storage, warewashing, food holding & serving and others. Due to advancements in technology, the different food service equipment help prepare food more effectively and efficiently. These equipment help meet the hygiene and sanitation standards set by different food regulatory bodies. The modern food service equipment is not only eco-friendly and efficient but also help reduce expenses, which is helping boost their demand globally.

Based on washware equipment, the market is segmented into five types: booster heater, dishwasher, disposers, utensil washers and others. They form an integral part of the kitchen as they are required for washing the equipment and maintaining sanitation standards. Different washware equipment are used depending on the type of dishes and utensils.

By geography, the market has been segmented into North America, Europe, Asia Pacific, and RoW. The present market size and forecast until 2020 have been provided in the report along with the detailed analysis and opportunities in these regions.

North America held the largest share in the global food service equipment market in 2013. Growing demand for hygienic, nature friendly and cost effective devices are the major factors spurring growth of food service equipment in the region. North America is expected to maintain its leading position throughout the forecast period. Following North America, Europe was the second largest regional market for the food service equipment in 2013. Both Asia Pacific and RoW are expected to witness robust growth for food service equipment in different application sectors such as hotels, food processing and food service, healthcare and educational institutes among others.

The study includes food service equipment market in terms of revenue (USD Billion) by product type, washware equipment and geography. To have a full competitive advantage, the study also provides drivers, restraints and opportunities and their impact followed by three parameters such as low, medium and high for the short, medium and long term.

The study also provides market attractiveness analysis by end users. In order to ascertain market dynamics, Porter’s five force analysis framework which identifies as well as analyzes five competitive forces that shape every industry, such as bargaining power of suppliers and buyers followed by the threat of substitutes and new entrant’s and degree of competition is also provided.

This report has been segmented by product type, washware equipment and geography. The study also includes the drivers, restraints, and opportunities (DROs), and value chain of the food service equipment market. In addition, the forecast from 2014 to 2020 has been covered with current and future trends that are expected to impact demand.

The report also analyzes macro economic factors influencing and inhibiting the growth of the market. Porter’s five forces analysis offers insights on market competition throughout its value chain. In addition, the market attractiveness analysis provided in the report highlights key investing areas in this industry. The report will help manufacturers, suppliers, and distributors to understand the present and future trends in this market and formulate their strategies accordingly.
The global food service equipment market is segmented as below:

By product type
  • Kitchen purposes
  • Refrigeration
  • Storage
  • Warewashing
  • Food holding & serving
  • Others
By washware equipment
  • Booster heater
  • Dishwasher
  • Disposers
  • Utensil washer
  • Others
By geography
  • North America
  • Europe
  • Asia Pacific
  • Rest of the World (RoW)

Table of Contents



Chapter 1 Preface
1.1 Report description
1.2 Research scope
1.3 Research methodology

Chapter 2 Executive Summary

Chapter 3 Market overview
3.1 Introduction
3.2 Market Dynamics
     3.2.1 Market Drivers
             3.2.1.1 Increasing number of hotels and restaurants worldwide
             3.2.1.2 Increasing demand for cost effective food service equipment
             3.2.1.3 Need for energy efficiency
     3.2.2 Market Restraints
             3.2.2.1 High capital investment
             3.2.2.2 Complexities associated with the usage of equipment
     3.2.3 Market opportunities
             3.2.3.1 Food service operators to expand to different geographical locations
3.3 Food service equipment Market – Porter’s Five Forces Analysis
     3.3.1 Bargaining power of suppliers
     3.3.2 Bargaining power of buyers
     3.3.3 Threat from substitutes
     3.3.4 Threat of new entrants
     3.3.5 Competitive rivalry
3.4 Value chain analysis
3.5 Global Food Service Equipment Market: Market attractiveness analysis by types, 2013
3.6 Market share by key players

Chapter 4 Global Food Service Equipment Market Analysis, by Product Type
4.1 Introduction
4.2 Kitchen purposes
     4.2.1 Kitchen purpose equipment market size and forecast, 2013 – 2020 (USD billion)
4.3 Refrigeration
     4.3.1 Refrigeration market size and forecast, 2013 – 2020 (USD billion)
4.4 Storage equipment
     4.4.1 Storage equipment market size and forecast, 2013 – 2020 (USD billion)
4.5 Warewashing
     4.5.1 Warewashing market size and forecast, 2013 – 2020 (USD billion)
4.6 Food holding and serving
     4.6.1 Food holding and serving market size and forecast, 2013 – 2020 (USD billion)
4.7 Other
     4.7.1 Other market size and forecast, 2013 – 2020 (USD billion)

Chapter 5 Global Food Service Equipment Market Analysis, by Washware Equipment
5.1 Introduction
5.2 Booster heaters
     5.2.1 Booster heaters market size and forecast, 2013 – 2020 (USD billion)
5.3 Dishwashers
     5.3.1 Dishwashers market size and forecast, 2013 – 2020 (USD billion)
5.4 Disposers
     5.4.1 Disposers market size and forecast, 2013 – 2020 (USD billion)
5.5 Utensil Washers
     5.5.1 Utensil washers market size and forecast, 2013 – 2020 (USD billion)
5.6 Others
     5.6.1 Others market size and forecast, 2013 – 2020 (USD billion)

Chapter 6 Global Food Service Equipment Market Analysis and Forecast, by Geography
6.1 Introduction
6.2 North America
     6.2.1 North America food service equipment market size and forecast, 2013 – 2020 (USD billion)
6.3 Europe
     6.3.1 Europe food service equipment market size and forecast, 2013 – 2020 (USD billion)
6.4 Asia Pacific
     6.4.1 Asia Pacific food service equipment market size and forecast, 2013 – 2020 (USD billion)
6.5 Rest of the World (RoW)
     6.5.1 RoW food service equipment market size and forecast, 2013 – 2020 (USD billion)

Chapter 7 Company Profiles
7.1 Ali Group
     7.1.1 Company overview
     7.1.2 Financial overview
     7.1.3 Business strategy
     7.1.4 Recent developments
7.2 Meiko
     7.2.1 Company overview
     7.2.2 Financial overview
     7.2.3 Business strategy
     7.2.4 Recent developments
7.3 Hobart Corporation
     7.3.1 Company overview
     7.3.2 Financial overview
     7.3.3 Business strategy
     7.3.4 Recent developments
7.4 Manitowoc Company Inc.
     7.4.1 Company overview
     7.4.2 Financial overview
     7.4.3 Business strategy
     7.4.4 Recent developments
7.5 Fujimak Corporation
     7.5.1 Company overview
     7.5.2 Financial overview
     7.5.3 Business strategy
     7.5.4 Recent developments
7.6 Hoshizaki Electric Co., Ltd.
     7.6.1 Company overview
     7.6.2 Financial overview
     7.6.3 Business strategy
     7.6.4 Recent developments
7.7 Rational AG
     7.7.1 Company overview
     7.7.2 Financial overview
     7.7.3 Business strategy
     7.7.4 Recent developments
7.8 Libbey Inc.
     7.8.1 Company overview
     7.8.2 Financial overview
     7.8.3 Business strategy
     7.8.4 Recent developments
7.9 Dover Corporation
     7.9.1 Company overview
     7.9.2 Financial overview
     7.9.3 Business strategy
     7.9.4 Recent developments
7.10 Duke Manufacturing Co. Inc.
     7.10.1 Company overview
     7.10.2 Financial Overview
     7.10.3 Business strategy
     7.10.4 Recent developments
7.11 Electrolux AB
     7.11.1 Company overview
     7.11.2 Financial overview
     7.11.3 Business strategy
     7.11.4 Recent developments
7.12 Tupperware Brands Corporation
     7.12.1 Company overview
     7.12.2 Financial overview
     7.12.3 Business strategy
7.13 Vollrath Co.
     7.13.1 Company overview
     7.13.2 Financial Overview
     7.13.3 Business strategy
     7.13.4 Recent developments
7.14 Cambro Manufacturing Company, Inc.
     7.14.1 Company overview
     7.14.2 Financial Overview
     7.14.3 Business strategy
     7.14.4 Recent developments
7.15 Alto Shaam Inc.
     7.15.1 Company overview
     7.15.2 Financial Overview
     7.15.3 Business strategy
     7.15.4 Recent developments
7.16 Dispensing Dynamics International Inc.
     7.16.1 Company overview
     7.16.2 Financial Overview
     7.16.3 Business strategy
     7.16.4 Recent developments
7.17 Middleby Corporation
     7.17.1 Company overview
     7.17.2 Financial overview
     7.17.3 Business strategy
     7.17.4 Recent developments

List of Figures 

FIG. 1 Market segmentation: Global food service equipment market
FIG. 2 Porter’s five forces analysis for food service equipment market
FIG. 3 Global food service equipment market value chain analysis
FIG. 4 Food service equipment market attractiveness, by types
FIG. 5 Market share by key food service equipment vendors, 2013 (Value %)
FIG. 6 Global food service equipment market share and forecast, by product type, 2013 vs. 2020 (Value %)
FIG. 7 Kitchen purpose equipment market size and forecast, 2013 – 2020 (USD billion)
FIG. 8 Refrigeration market size and forecast, 2013 – 2020 (USD billion)
FIG. 9 Storage equipment market size and forecast, 2013 – 2020 (USD billion)
FIG. 10 Warewashing market size and forecast, 2013 – 2020 (USD billion)
FIG. 11 Food holding and serving market size and forecast, 2013 – 2020 (USD billion)
FIG. 12 Other market size and forecast, 2013 – 2020 (USD billion)
FIG. 13 Global food service equipment market share and forecast, by washware equipment, 2013 vs. 2020 (Value %)
FIG. 14 Booster heaters market size and forecast, 2013 – 2020 (USD billion)
FIG. 15 Dishwashers market size and forecast, 2013 – 2020 (USD billion)
FIG. 16 Disposers market size and forecast, 2013 – 2020 (USD billion)
FIG. 17 Utensil washers market size and forecast, 2013 – 2020 (USD billion)
FIG. 18 Others market size and forecast, 2013 – 2020 (USD billion)
FIG. 19 Global food service equipment market share and forecast, by geography, 2013 vs. 2020 (Value %)
FIG. 20 North America food service equipment market size and forecast, 2013 – 2020 (USD billion)
FIG. 21 Europe food service equipment market size and forecast, 2013 – 2020 (USD billion)
FIG. 22 Asia Pacific food service equipment market size and forecast, 2013 – 2020 (USD billion)
FIG. 23 RoW food service equipment market size and forecast, 2013 – 2020 (USD billion)
FIG. 24 Meiko annual revenue 2013, (USD million)
FIG. 25 Illinois Tool Works Inc. annual revenue and food service segment revenue 2011 – 2013, (USD billion)
FIG. 26 Manitowoc Company Inc. annual revenue 2011 – 2013, (USD billion)
FIG. 27 Annual revenue of Fujimak Corporation, 2011 – 2013 (USD Million)
FIG. 28 Annual revenue of Hoshizaki Electric Co., Ltd. 2011 – 2013 (USD Million)
FIG. 29 Annual revenue of Rational AG, Inc., 2011 – 2013 (USD Million)
FIG. 30 Annual Revenue of Rational AG, by Region, 2012 - 2013 (USD Million)
FIG. 31 Annual revenue of Libbey Inc., 2011 – 2013 (USD Million)
FIG. 32 Annual Revenue of Dover Corporation, 2011 - 2013 (USD billion) and Annual Revenue of Refrigeration and Food Service Equipment Segment, 2011 - 2013 (USD billion)
FIG. 33 Annual Revenue of Electrolux AB, 2011 - 2013 (USD billion) and Annual Revenue of Professional Food Service Equipment Segment, 2011 - 2013 (USD billion)
FIG. 34 Annual Revenue of Tupperware Brands Corporation, 2011 - 2013 (USD billion)
FIG. 35 Middleby Corporation annual revenue and food service segment revenue, 2011 – 2013 (USD million)
FIG. 36 Annual Revenue of Middleby Corporation, by Region, 2011 - 2013 (USD Million)

List of Tables

TABLE 1 Global food service equipment market snapshot
TABLE 2 Global food service equipment market size and forecast by type, 2013 – 2020 (USD billion)
TABLE 3 North America food service equipment market size and forecast, by product type, 2013 – 2020 (USD billion)
TABLE 4 North America food service equipment market size and forecast, by washware equipment, 2013 – 2020 (USD billion)
TABLE 5 Europe food service equipment market size and forecast, by product type, 2013 – 2020 (USD billion)
TABLE 6 Europe food service equipment market size and forecast, by washware equipment, 2013 – 2020 (USD billion)
TABLE 7 Asia Pacific food service equipment market size and forecast, by type, 2013 – 2020 (USD billion)
TABLE 8 Asia Pacific food service equipment market size and forecast, by washware equipment, 2013 – 2020 (USD billion)
TABLE 9 RoW food service equipment market size and forecast, by product type, 2013 – 2020 (USD billion)
TABLE 10 RoW food service equipment market size and forecast, by washware equipment, 2013 – 2020 (USD billion)

Enquiry Before Buying


Free Market Analysis


Innovative design and features of different food service equipment have led to the increasing demand of the equipment in hotels, restaurants, fast food joints, hospitals, and educational institutes among others. Global market for food service was valued at USD 35.00 billion in 2013 and is expected to reach USD 47.95 billion by 2020, growing at a CAGR of 4.5% during the forecast period from 2014 to 2020. Food service equipment market is segmented by product types, washware equipment and geography.

Growing hygiene and sanitation standards and increasing demand for eco-friendly appliances has supported the growth of the market. The global food service equipment market is expected to witness substantial growth during the forecast period. This is due to the increasing number of hotels, restaurants, fast food joints, hospitals and nursing homes among others. The increase in demand can also be attributed to the rules and regulations set by the food regulatory bodies. In addition, the growing demand for such equipment from educational institutes such as schools and universities is also influencing the growth of this market. It also plays an important role in maintaining the cleanliness and the sanitation standards of the kitchen, where the food is prepared.

Among the product types of food service equipment, kitchen purpose equipment has the largest market share in 2013. The reason behind being food preparation forms the integral part of any kitchen. Different types of equipment are used for preparing different dishes. The other product type of food service equipment includes refrigeration, storage, warewashing, food holding & serving and others. With the growth in the food service industry the demand for food service equipment is expected to increase in the coming years.

Geographically, North America held the largest share in the food service equipment market in 2013. North America includes Canada, Mexico and the U.S. This region is anticipated to observe a steady increase in demand for food service equipment due to the growing hospitality industry. The food hygiene and sanitation standards set by the food regulatory bodies are high which is expected to surge the demand for food service equipment in the region. Following North America, Europe has the second largest market. Asia Pacific is expected to show the fastest growth rate during the forecast period which can be attributed to the growing economy of the region.

The food service equipment market is a consolidated market where the five top players hold major share of the market. Ali Group, ITW (Hobart Corporation), Dover Corporation, Manitowoc Company Inc., Middleby Corporation, Meiko, Fujimak Corporation, Hoshizaki Electric Co., Ltd., Rational AG and Libbey Inc., among others are some of the key players in the food service equipment market.


food-service-equipment-market

 

To get discount on this report, just click on the button below.

To receive brochure, please click on the button below.

Share This Market Study!  

Upcoming Report

Payment
Copyright @ Transparency Market Research