Market Research Reports

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

126pages
Published Date: 2015-05-22
 

Description


Refrigeration is the process of transferring the heat from one location to another. In this case the heat is taken from the foods and other edible items and transferred out from the refrigeration units. The commercial refrigeration equipments are primarily used in the hospitality industry. The changing lifestyle and increase in number of hotels and restaurants is fuelling the market for growth. The commercial refrigeration equipments are generally segmented by the types of equipments. Continuous technological advancement in refrigeration systems is owing to the growth of this market.

The food service equipment (commercial refrigeration) market is considered to be volatile as a result of the fluctuation in the trends of various equipments and application markets across the globe. The rise in number of hotels and restaurants across the globe is owing to the growth in food service equipment (commercial refrigeration) market. In addition, the changing lifestyle of the working population is also ensuring the demand for ready to cook food. This is resulting in the rise of retail outlets and supermarkets leading to the demand for commercial refrigeration equipment. Moreover, commercial refrigeration equipment also find their application in hospitals to preserve medicines and vaccines.

Acceptance of high end technologies and the expansion of hospitality industry across various geographic locations is creating new opportunities for the food service equipment (commercial refrigeration) manufacturers globally. However, the high initial investment is acting as a restraint for the market. Regionally, North America has the highest penetration rate for food service equipment (commercial refrigeration) as they are the early adapters of latest technology.

This report covers the global food service equipment (commercial refrigeration) market along with their performance in regions such as North America, East Europe, South West Europe, North West Europe, Central Europe, Asia Pacific and Russia among others. The report provides in-depth analysis for each region along with market estimates and forecast from 2013 to 2020 in terms of revenues and volumes.

This market research study analyzes the food service equipment (commercial refrigeration) market globally, and provides estimates in terms of revenue (USD million) and volume (thousand units) from 2014 to 2020. In addition, the drivers and the restraints that are affecting the industry have been recognized. Furthermore, they have been analyzed to understand their impact over the forecast period. Moreover, it identifies the significant opportunities for market growth in the coming years.

By region, the market has been divided into North America, Latin America, East (Europe), South West (Europe), North West (Europe), Central (Europe), Asia-Pacific (APAC), Russia, China, India, Turkey & Middle East and Africa and these have been estimated in terms of revenue (USD billion) and volume (thousand units). In addition, the report segments the market based on the equipment type, which include ice machines, refrigerated vending machines, beverage dispensers, glass door merchandisers (GDMs), commercial fridges/freezers, blast freezers, ice cream machines, ice cream cabinets, and walk ins among others.

In order to have a better understanding of the food service equipment (commercial refrigeration) market, a detailed value chain has been provided. In addition, the Porter’s five forces affecting the market have been identified. Furthermore, the study also includes the market attractiveness analysis where the applications have been benchmarked based on the growth rate, scope and attractiveness in general.

The report provides company market share analysis of various industry participants. The key players have also been profiled on the basis of company overview, financial overview, business strategies, and the recent developments in the field of food service equipments (commercial refrigeration). Major market participants profiled in this report include .Ali Group, Meiko, Hobart Corporation, Manitowoc Company Inc., Hoshizaki Electric Co., Ltd. Cambro Manufacturing Company Inc. and Dover Corporation among others.

Food Service Equipment (Commercial Refrigeration) Market: By geography
  • North America
  • Latin America (LAM)
  • East (Europe)
  • South West (Europe)
  • North West (Europe)
  • Central Europe
  • Asia Pacific
  • Russia
  • China
  • India
  • Turkey & MEA (Middle East and Africa)
Food Service Equipment (Commercial Refrigeration) Market: By product type
  • Ice machines
  • Refrigerated vending machines
  • Beverage dispensers
  • Glass Door Merchandisers (GDMs)
  • Commercial fridges/freezers
  • Blast freezers
  • Ice cream machines
  • Ice cream cabinets
  • Walk ins
  • Others 
The report provides a cross-sectional analysis of all the above segments with respect to the following regions:
  • North America
  • Latin America (LAM)
  • East (Europe)
  • South West (Europe)
  • North West (Europe)
  • Central Europe
  • Asia Pacific
  • Russia
  • China
  • India
  • Turkey & MEA (Middle East and Africa)

Table of Contents



Chapter 1 Preface
1.1 Report description
1.2 Research scope
1.3 Research methodology
1.4 Executive Summary

Chapter 2 Market overview
2.1 Introduction
2.2 Market Dynamics
      2.2.1 Market Drivers
              2.2.1.1 Increasing number of hotels and restaurants worldwide
              2.2.1.2 Increasing demand for cost effective Food service equipment (commercial refrigeration)
              2.2.1.3 Need for energy efficiency
      2.2.2 Market Restraints
              2.2.2.1 High capital investment
              2.2.2.2 Complexities associated with the usage of equipment
      2.2.3 Market opportunities
              2.2.3.1 Food service operators to expand to different geographical locations
2.3 Food service equipment (commercial refrigeration) Market – Porter’s Five Forces Analysis
      2.3.1 3.3.1 Bargaining power of suppliers
      2.3.2 3.3.2 Bargaining power of buyers
      2.3.3 Threat from substitutes
      2.3.4 Threat of new entrants
      2.3.5 Competitive rivalry
2.4 Value chain analysis
2.5 Global Food service equipment (commercial refrigeration) Market: Market attractiveness analysis by types, 2013
2.6 Market share by key players

Chapter 3 Global Food Service Equipment (Commercial refrigeration) Market Analysis, by Type
3.1 Introduction
3.2 Ice Machines
      3.2.1 Ice Machines market size and forecast, 2013 – 2020 (USD million & Thousand units)
3.3 Refrigerated Vending Machines
      3.3.1 Refrigerated vending machines market size and forecast, 2014 – 2020 (USD million & Thousand units)
3.4 Beverage Dispensers
      3.4.1 Beverage Dispensers market size and forecast, 2014 – 2020 (USD million & Thousand units)
3.5 GDMs
      3.5.1 GDMs market size and forecast, 2014 – 2020 (USD million & Thousand units)
3.6 Commercial fridges/freezers
      3.6.1 Commercial fridges/freezers market size and forecast, 2014 – 2020 (USD million & Thousand units)
3.7 Blast freezer
      3.7.1 Blast freezer market size and forecast, 2014 – 2020 (USD million & Thousand units)
3.8 Ice cream machines
      3.8.1 Ice cream machines market size and forecast, 2013 – 2020 (USD million & Thousand units)
3.9 Ice cream cabinets
      3.9.1 Ice cream cabinets market size and forecast, 2013 – 2020 (USD million & Thousand units)
3.10 Walk Ins
      3.10.1 Walk Ins market size and forecast, 2013 – 2020 (USD million & Thousand units)
3.11 Others
      3.11.1 Others market size and forecast, 2013 – 2020 (USD million & Thousand units)

Chapter 4 Global Food Service Equipment (commercial refrigeration) Market Analysis and Forecast, by Geography
4.1 Introduction
4.2 North America
      4.2.1 North America food service equipment (commercial refrigeration) market size and forecast, 2013 – 2020 (USD million & Thousand units)
4.3 Latin America
      4.3.1 Latin America food service equipment (commercial refrigeration) market size and forecast, 2013 – 2020 (USD million & Thousand units)
4.4 East (Europe)
      4.4.1 East (Europe) food service equipment (commercial refrigeration) market size and forecast, 2013 – 2020 (USD million & Thousand units)
4.5 South West (Europe)
      4.5.1 South West (Europe) food service equipment (commercial refrigerator) market size and forecast, 2013 – 2020 (USD million)
4.6 North West (Europe)
      4.6.1 North West (Europe) food service equipment (commercial refrigeration) market size and forecast, 2013 – 2020 (USD million)
4.7 Central (Europe)
      4.7.1 Central (Europe) food service equipment (commercial refrigeration) market size and forecast, 2013 – 2020 (USD million & Thousand units)
4.8 Asia Pacific
      4.8.1 Asia Pacific food service equipment (commercial refrigeration) market size and forecast, 2013 – 2020 (USD million & Thousand units)
4.9 Russia
      4.9.1 Russia food service equipment (commercial refrigeration) market size and forecast, 2013 – 2020 (USD million & Thousand units)
4.10 China
      4.10.1 China food service equipment (commercial refrigeration) market size and forecast, 2013 – 2020 (USD million & Thousand units)
4.11 India
      4.11.1 India food service equipment (commercial refrigeration) market size and forecast, 2013 – 2020 (USD million & Thousand units)
4.12 Turkey & MEA
      4.12.1 Turkey & MEA food service equipment (commercial refrigeration) market size and forecast, 2013 – 2020 (USD million & Thousand units)

Chapter 5 Company Profiles
5.1 Ali Group
      5.1.1 Company overview
      5.1.2 Financial overview
      5.1.3 Business strategy
      5.1.4 Recent developments
5.2 Meiko
      5.2.1 Company overview
      5.2.2 Financial overview
      5.2.3 Business strategy
      5.2.4 Recent developments
5.3 Hobart Corporation
      5.3.1 Company overview
      5.3.2 Financial overview
      5.3.3 Business strategy
      5.3.4 Recent developments
5.4 Manitowoc Company Inc.      
      5.4.1 Company overview
      5.4.2 Financial overview
      5.4.3 Business strategy
      5.4.4 Recent developments
5.5 Fujimak Corporation
      5.5.1 Company overview
      5.5.2 Financial overview
      5.5.3 Business strategy
      5.5.4 Recent developments
5.6 Hoshizaki Electric Co., Ltd.
      5.6.1 Company overview
      5.6.2 Financial overview
      5.6.3 Business strategy
      5.6.4 Recent developments
5.7 Rational AG
      5.7.1 Company overview
      5.7.2 Financial overview
      5.7.3 Business strategy
      5.7.4 Recent developments
5.8 Libbey Inc.
      5.8.1 Company overview
      5.8.2 Financial overview
      5.8.3 Business strategy
      5.8.4 Recent developments
5.9 Dover Corporation
      5.9.1 Company overview
      5.9.2 Financial overview
      5.9.3 Business strategy
      5.9.4 Recent developments
5.10 Duke Manufacturing Co. Inc.
      5.10.1 Company overview
      5.10.2 Financial Overview
      5.10.3 Business strategy
      5.10.4 Recent developments
5.11 Electrolux AB
      5.11.1 Company overview
      5.11.2 Financial overview
      5.11.3 Business strategy
      5.11.4 Recent developments
5.12 Tupperware Brands Corporation
      5.12.1 Company overview
      5.12.2 Financial overview
      5.12.3 Business strategy
      5.12.4 Recent developments
5.13 Vollrath Co.
      5.13.1 Company overview
      5.13.2 Financial Overview
      5.13.3 Business strategy
      5.13.4 Recent developments
5.14 Cambro Manufacturing Company, Inc.
      5.14.1 Company overview
      5.14.2 Financial Overview
      5.14.3 Business strategy
      5.14.4 Recent developments
5.15 Alto Shaam Inc.
      5.15.1 Company overview
      5.15.2 Financial Overview
      5.15.3 Business strategy
      5.15.4 Recent developments
5.16 Dispensing Dynamics International Inc.
      5.16.1 Company overview
      5.16.2 Financial Overview
      5.16.3 Business strategy
      5.16.4 Recent developments
5.17 Middleby Corporation
      5.17.1 Company overview
      5.17.2 Financial overview
      5.17.3 Business strategy
      5.17.4 Recent developments

List of Figures 

FIG. 1 Market segmentation: Global Food Service Equipment (commercial refrigeration) market
FIG. 2 Porter’s five forces analysis for Food service equipment (commercial refrigeration) market
FIG. 3 Global Food service equipment (commercial refrigeration) market value chain analysis
FIG. 4 Food service equipment (commercial refrigeration) market attractiveness, by types
FIG. 5 Market share by key Food Service Equipment vendors, 2013 (Value %)
FIG. 6 Global Food Service Equipment (commercial refrigeration) market share and forecast, by type, 2013 vs. 2020 (Value %)
FIG. 7 Ice Machines market size and forecast, 2013 – 2020 (USD million & Thousand units)
FIG. 8 Refrigerated vending machines market size and forecast, 2013 – 2020 (USD million & Thousand units)
FIG. 9 Beverage Dispensers market size and forecast, 2013 – 2020 (USD million & Thousand units)
FIG. 10 GDMs market size and forecast, 2013 – 2020 (USD million & Thousand units)
FIG. 11 Commercial fridges/freezers market size and forecast, 2013 – 2020 (USD million & Thousand units)
FIG. 12 Blast freezer market size and forecast, 2013 – 2020 (USD million & Thousand units)
FIG. 13 Ice cream machines market size and forecast, 2013 – 2020 (USD million & Thousand units)
FIG. 14 Ice cream cabinets market size and forecast, 2013 – 2020 (USD million & Thousand units)
FIG. 15 Walk Ins market size and forecast, 2013 – 2020 (USD million & Thousand units)
FIG. 16 Other market size and forecast, 2013 – 2020 (USD million & Thousand units)
FIG. 17 Global Food Service Equipment (commercial refrigeration) market share and forecast, by geography, 2013 vs. 2020 (Value %)
FIG. 18 North America food service equipment (commercial refrigeration) market size and forecast, 2013 – 2020 (USD million & Thousand units)
FIG. 19 Latin America food service equipment (commercial refrigeration) market size and forecast, 2013 – 2020 (USD million & Thousand units)
FIG. 20 East (Europe) food service equipment (commercial refrigeration) market size and forecast, 2013 – 2020 (USD million & Thousand units)
FIG. 21 South West (Europe) food service equipment (commercial refrigerator) market size and forecast, 2013 – 2020 (USD million)
FIG. 22 North West (Europe) food service equipment (commercial refrigeration) market size and forecast, 2013 – 2020 (USD million)
FIG. 23 Central (Europe) food service equipment (commercial refrigeration) market size and forecast, 2013 – 2020 (USD million & Thousand units)
FIG. 24 Asia Pacific food service equipment (commercial refrigeration) market size and forecast, 2013 – 2020 (USD million & Thousand units)
FIG. 25 Russia food service equipment (commercial refrigeration) market size and forecast, 2013 – 2020 (USD million & Thousand units)
FIG. 26 China food service equipment (commercial refrigeration) market size and forecast, 2013 – 2020 (USD million & Thousand units)
FIG. 27 India food service equipment (commercial refrigeration) market size and forecast, 2013 – 2020 (USD million & Thousand units)
FIG. 28 Turkey & MEA food service equipment (commercial refrigeration) market size and forecast, 2013 – 2020 (USD million & Thousand units)
FIG. 29 Meiko annual revenue 2013, (USD million)
FIG. 30 Illinois Tool Works Inc. annual revenue and food service segment revenue 2011 – 2013, (USD billion)
FIG. 31 Manitowoc Company Inc. annual revenue 2011 – 2013, (USD billion)
FIG. 32 Annual revenue of Fujimak Corporation, 2011 – 2013 (USD Million)
FIG. 33 Annual revenue of Hoshizaki Electric Co., Ltd. 2011 – 2013 (USD Million)
FIG. 34 Annual revenue of Rational AG, Inc., 2011 – 2013 (USD Million)
FIG. 35 Annual Revenue of Rational AG, by Region, 2012 - 2013 (USD Million)
FIG. 36 Annual revenue of Libbey Inc., 2011 – 2013 (USD Million)
FIG. 37 Annual Revenue of Dover Corporation, 2011 - 2013 (USD billion) and Annual Revenue of Refrigeration and Food Service Equipment Segment, 2011 - 2013 (USD billion)
FIG. 38 Annual Revenue of Electrolux AB, 2011 - 2013 (USD billion) and Annual Revenue of Professional Food Service Equipment Segment, 2011 - 2013 (USD billion)
FIG. 39 Annual Revenue of Tupperware Brands Corporation, 2011 - 2013 (USD billion)
FIG. 40 Middleby Corporation annual revenue and food service segment revenue, 2011 – 2013 (USD million)
FIG. 41 Annual Revenue of Middleby Corporation, by Region, 2011 - 2013 (USD Million)

List of Tables

TABLE 1 Global Food Service Equipment (commercial refrigeration) market snapshot
TABLE 2 Global Food Service Equipment (commercial refrigeration) market size and forecast by type, 2013 – 2020 (USD million)
TABLE 1 North America food service equipment (commercial refrigeration) market size and forecast, by type, 2013 – 2020 (USD million)
TABLE 2 North America food service equipment (commercial refrigeration) market size and forecast, by type, 2013 – 2020 (Thousand Units)
TABLE 3 Latin America food service equipment (commercial refrigeration) market size and forecast, by type, 2013 – 2020 (USD million)
TABLE 4 Latin America food service equipment (commercial refrigeration) market size and forecast, by type, 2013 – 2020 (Thousand units)
TABLE 5 East (Europe) food service equipment (commercial refrigeration) market size and forecast, by type, 2013 – 2020 (USD million)
TABLE 6 East (Europe) food service equipment (commercial refrigeration) market size and forecast, by type, 2013 – 2020 (Thousand units)
TABLE 7 South West (Europe) food service equipment (commercial refrigeration) market size and forecast, by type, 2013 – 2020 (USD million)
TABLE 8 South West (Europe) food service equipment (commercial refrigeration) market size and forecast, by type, 2013 – 2020 (Thousand units)
TABLE 9 North West (Europe) food service equipment (commercial refrigeration) market size and forecast, by type, 2013 – 2020 (USD million)
TABLE 10 North West (Europe) food service equipment (commercial refrigeration) market size and forecast, by type, 2013 – 2020 (Billion units)
TABLE 11 Central (Europe) food service equipment (commercial refrigeration) market size and forecast, by type, 2013 – 2020 (USD million)
TABLE 12 Central (Europe) food service equipment (commercial refrigeration) market size and forecast, by type, 2013 – 2020 (Thousand units)
TABLE 13 Asia Pacific food service equipment (commercial refrigeration) market size and forecast, by type, 2013 – 2020 (USD million)
TABLE 14 Asia Pacific food service equipment (commercial refrigeration) market size and forecast, by type, 2013 – 2020 (Thousand units)
TABLE 15 Russia food service equipment (commercial refrigeration) market size and forecast, by type, 2013 – 2020 (USD million)
TABLE 16 Russia food service equipment (commercial refrigeration) market size and forecast, by type, 2013 – 2020 (Thousand units)
TABLE 17 China food service equipment (commercial refrigeration) market size and forecast, by type, 2013 – 2020 (USD million)
TABLE 18 China food service equipment (commercial refrigeration) market size and forecast, by type, 2013 – 2020 (Thousand units)
TABLE 19 India food service equipment (commercial refrigeration) market size and forecast, by type, 2013 – 2020 (USD million)
TABLE 20 India food service equipment (commercial refrigeration) market size and forecast, by type, 2013 – 2020 (Thousand units)
TABLE 21 Turkey & MEA food service equipment (commercial refrigeration) market size and forecast, by type, 2013 – 2020 (USD million)
TABLE 22 Turkey & MEA food service equipment (commercial refrigeration) market size and forecast, by type, 2013 – 2020 (Thousand units)

Enquiry Before Buying


Free Market Analysis



Global food service equipment (commercial refrigeration) market was valued at USD 33,370 million in 2014, growing at a CAGR of 4.8% from 2014 to 2020. Food service equipment (commercial refrigeration) plays an important role in serving and storing in restaurants, hotels, fast food joints, educational institutes and hospitals among others. Increasing number of hotels and restaurants globally is directly influencing the growth of food service equipment (commercial refrigeration) market.

The global food service equipment (commercial refrigeration) market is segmented by regions into North America, Latin America, East (Europe), South West (Europe), North West (Europe), Central (Europe), Asia Pacific, Russia, China, India and Turkey & MEA. The growth of food service equipment (commercial refrigeration) market is primarily driven by the growing hospitality industry. In addition, increasing demand for hygienic food products is further driving the growth of food service equipment (commercial refrigeration) market. Furthermore, need for energy efficient food service equipment is fueling the growth of this market.

In 2014, North America held the largest market share in terms of revenue among other region and it is expected to maintain its dominance throughout the forecast period. Already established hospitality industry in North America is considered as the major factor leading to the dominance of this region. In addition, technological advancement in the food service equipment is further driving the growth of North America food service equipment (commercial refrigeration) market. However, China is analyzed as the fastest growing region during the forecast period. The growth of food service equipment (commercial refrigeration) market in this region is attributed to the growing economy of China.

The global food service equipment (commercial refrigeration) market by type is categorized into ice machines, refrigerated vending machines, beverage dispensers, glass door merchandisers (GDMs), commercial fridges/freezers, blast freezers, ice cream machines, ice cream cabinets, walk ins and others. The walk ins had the highest market revenue share in 2014 and are expected to continue its dominance during the forecast period. However, beverage dispensers have the highest growth potential during the forecast period.

food-service-equipment-2015-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