Equipment such as cooking, washing, storage and handling equipment are used in foodservice industry for preparation and storage of food products for commercial purposes. Owing to the significant growth in the hospitality industry and increased use temperature-optimized storage equipment for perishable food have increased the overall demand for foodservice equipment worldwide. Moreover, the increasing demand for time efficient, affordable, reduced labour for food preparation is providing ample growth opportunity for the food service equipment supplier. As per a top consulting firm, the US restaurant and food service industry was valued at US$899 billion in 2019. The industry includes restaurants, carryout operations, cafeterias, university dining halls, catering and vending companies, hotels and inns, and rehab and retirement centres.

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Rapid urbanization and increase in the disposable income have been boosting the foodservice equipment industry. Furthermore, the rising awareness regarding the use of eco-friendly, energy efficient equipment has been encouraging the foodservice industries for adoption of smart and efficient equipment. To add on, to enhance the customer experience, market players are working on incorporating artificial intelligence in foodservice equipment. For instance, in 2018, Samsung launched a refrigerator with IoT feature along with 21-inch display and Bixby vision. However, some of the restraints in the market includes the lack of skilled labours to operate the automated machines. Furthermore, high cost of installation of the automated machines and requirement of other automated services to set up and service charges of equipment.
Based on equipment type, the market is fragmented into cooking & preparation equipment, refrigeration equipment, ware washing equipment, storage & handling equipment, and others. segment is expected to grow at a highest CAGR during the forecast period owing to the high demand of storage equipment for perishable and processed food. Based on the sales channel, the market is fragmented into online and offline.
Based on the end-users, the market is bifurcated into full-service restaurant, quick service restaurant, hotels & pub bar clubs, and others. Owing to the increasing demand of ready to eat food

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For a better understanding of the market for foodservice equipment, the report provides a detailed analysis for major region including North America (US, Canada, and Rest of North America), Europe (Germany, France, Italy, Spain, UK, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and Rest of APAC), and Rest of World. North America constitutes a major market for the foodservice equipment industry and generated revenue of However, the Asia Pacific region would grow at the highest CAGR during the forecast period due to change in consumer lifestyles in countries like China & India and increasing foodservice centre in these countries.

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Some of the major players operating in the market include Welbilt, The Middleby Corporation, Standex International Corporation, ITW Food Equipment Group, Dover Corporation, Haier Inc., AB Electrolux, The Manitowoc Company, Inc., Ali Group S.R.L, Duke Manufacturing, etc. Several M&A’s along with partnerships have been undertaken by these players to boost their presence in different regions.

Table of Contents

1 MARKET INTRODUCTION
1.1 Market Definitions
1.2 Objective of the Study
1.3 Limitation
1.4 Stake Holders
1.5 Currency Used in Report
1.6 Scope of the Global Foodservice Equipment Market Study
2 RESEARCH METHODOLOGY OR ASSUMPTION
2.1 Research Methodology for the Global Foodservice Equipment Market
2.1.1 Main Objective of the Global Foodservice Equipment Market
3 MARKET SYNOPSIS
4 EXECUTIVE SUMMARY
5 TOP START-UPS UNDER FOODSERVICE EQUIPMENT SECTOR
6 FOODSERVICE EQUIPMENT AMID COVID-19
7 GLOBAL FOODSERVICE EQUIPMENT MARKET REVENUE (USD BN), 2019-2027F
8 MARKET INSIGHTS BY EQUIPMENT TYPE
8.1 Cooking & Preparation Equipment
8.2 Refrigeration Equipment
8.3 Ware washing Equipment
8.4 Storage & Handling Equipment
8.5 Others
9 MARKET INSIGHTS BY SALES CHANNEL
9.1 Online
9.2 Offline
10 MARKET INSIGHTS BY END-USER
10.1 Full-Service Restaurant
10.2 Quick Service Restaurant
10.3 Hotels & Pub Bar Clubs
10.4 Others
11 MARKET INSIGHTS BY REGION
11.1 NORTH AMERICA FOOD SERVICE EQUIPMENT MARKET
11.1.1 United States
11.1.2 Canada
11.1.3 Rest of North America
11.2 EUROPE FOOD SERVICE EQUIPMENT MARKET
11.2.1 Germany
11.2.2 France
11.2.3 United Kingdom
11.2.4 Italy
11.2.5 Spain
11.2.6 Rest of Europe
11.3 ASIA-PACIFIC FOOD SERVICE EQUIPMENT MARKET
11.3.1 China
11.3.2 Japan
11.3.3 India
11.3.4 Australia
11.3.5 Rest of Asia Pacific
11.4 REST OF WORLD FOOD SERVICE EQUIPMENT MARKET
12 FOODSERVICE EQUIPMENT MARKET DYNAMICS
12.1 Market Drivers
12.2 Market Challenges
12.3 Impact Analysis
13 FOODSERVICE EQUIPMENT MARKET OPPORTUNITIES
14 FOODSERVICE EQUIPMENT MARKET TRENDS
15 LEGAL & REGULATORY FRAMEWORK
16 DEMAND AND SUPPLY SIDE ANALYSIS
16.1 Demand Side Analysis
16.2 Supply Side Analysis
16.2.1 Top Product Launches
16.2.2 Top Business Partnerships
16.2.3 Top Business Expansions, Investments and Divestitures
16.2.4 Top Merger and Acquisitions
17 VALUE CHAIN ANALYSIS
18 COMPETITIVE SCENARIO
18.1 Porter’s Five Forces Analysis
18.1.1 Bargaining power of Supplier
18.1.2 Bargaining power of Buyer
18.1.3 Industry Rivalry
18.1.4 Availability of Substitute
18.1.5 Threat of new Entrants
18.2 Competitive Landscape
18.2.1 Company Shares, 2020
19 COMPANY PROFILED
19.1 Welbilt
19.2 The Middleby Corporation
19.3 Standex International Corporation
19.4 ITW Food Equipment Group
19.5 Dover Corporation
19.6 Haier Inc
19.7 AB Electrolux
19.8 The Manitowoc Company, Inc
19.9 Ali Group SRL
19.10 Duke Manufacturing
20 DISCLAIMER ----

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