Transparency Market Research Food Service Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2020 Published Date 2015-05-22 126 Page Report Buy Now Request Sample Press Release Food Service Equipment (Commercial Refrigeration) Market is Expected to Reach USD 44,326 million in 2020 Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com [email protected] Food Service Equipment Market REPORT DESCRIPTION Food Service Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2020 According to a new market report published by Transparency Market Research “Food Service Equipment - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020,” global food service equipment (commercial refrigeration) market was valued at USD 31,544 million in 2013, growing at a CAGR of 4.8% from 2014 to 2020 to account for USD 44,326 million in 2020. Browse the full Food Service Equipment Market report at http://www.transparencymarketresearch.com/food-service-equipment.html The food service equipment (commercial refrigeration) market is primarily being driven due to extensive growth in the hospitality industry. Moreover, the changing food habits is also attributing to the growth of the market. The busy lifestyle of the working population is creating the need for ready to cook food that can be stored in refrigerators. This in return is fuelling the growth of commercial refrigeration market. In addition, the continuous advancement in the cooling technologies is ensuring the need for energy efficient refrigeration in the hospitality sector. Furthermore, the growth in retail outlets and supermarkets is also attributed to the growth in the market. The market has been segmented in two parts: by types and regions. By types, the walk ins coolers and freezers held the highest market revenue accounting for USD 5,287.7 million in 2013. By volume, walk ins registered 990,790 units sales in 2014. The demand for walk ins are attributed to growth of hotels and restaurants in the hospitality industry. In addition, walk ins are also used to store vaccines in healthcare industry. This factor is also leading to the growth in the market and North America is expected to dominate the market during the forecast period. Get the sample report at http://www.transparencymarketresearch.com/sample/sample.php? flag=s&rep_id=1547 By region, North America led the food service equipment (commercial equipment) market in 2014, accounting for 8,928.9 million. The dominance of this region is based on the fact that Transparency Market Research 2 Food Service Equipment Market North American countries are early adapters of technologies. In addition, the rise of hospitality industry in this region is also attributing to the growth in this region. The region has grown by 5.6% in 2014 as compared to the previous year. China has been analyzed to be the fastest growing region by revenue and volume. The region is expected to grow at a CAGR of 5.3% by revenue and 7.5% by volume during the forecast period. The growth in the region is attributed to the presence of major manufacturers of refrigeration equipment. Key players have also been profiled on the basis of company overview, financial overview, business strategies and recent developments in the field of commercial refrigeration equipment. Major market participants profiled in this report include Ali Group, Meiko, Hobart Corporation, Fujimak Corporation, Hoshizaki Electric Co., Ltd., Rational AG, and Dover Corporation among others. The report studies the global food service equipment (commercial refrigeration) market, and provides estimates in terms of revenue (USD Million) from 2014 to 2020. Market estimates on the basis of types and end user industry for each region. The market has been segmented as follows: 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 Transparency Market Research 3 Food Service Equipment Market Turkey & MEA (Middle East and Africa) Food Service Equipment (Commercial Refrigeration) Market: By 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 Transparency Market Research 4 Food Service Equipment Market China India Turkey & MEA (Middle East and Africa) Browse the Food Service Equipment Market press release report at http://www.transparencymarketresearch.com/pressrelease/food-serviceequipment.htm TABLE OF CONTENT 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 Transparency Market Research 5 Food Service Equipment Market 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 Transparency Market Research 6 Food Service Equipment Market 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 Transparency Market Research 7 Food Service Equipment Market 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) Transparency Market Research 8 Food Service Equipment Market 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 Transparency Market Research 9 Food Service Equipment Market 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 Transparency Market Research 10 Food Service Equipment Market 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. Transparency Market Research 11 Food Service Equipment Market 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 Transparency Market Research 12 Food Service Equipment Market 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 Transparency Market Research 13 Food Service Equipment Market 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) Transparency Market Research 14 Food Service Equipment Market 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) Transparency Market Research 15 Food Service Equipment Market 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 Transparency Market Research 16 Food Service Equipment Market 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) Transparency Market Research 17 Food Service Equipment Market 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) Browse All Food Service Equipment Market Research Reports @ http://www.transparencymarketresearch.com/food-service-equipment.html Transparency Market Research 18 Food Service Equipment Market About Us Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forwardlooking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge. Contact Transparency Market Research 90 State Street, Suite 700, Albany NY - 12207 United States Tel: +1-518-618-1030 USA - Canada Toll Free 866-552-3453 Email: [email protected] Website: http://www.transparencymarketresearch.com/ Transparency Market Research 19
In a recent market study offering, Transparency Market Research (TMR) states that the global food service equipment market will reach a valuation of US$44,326 million in 2020, increasing from US$31,544 million in 2013. If the figures hold true, the market will display a 4.8% CAGR from 2014 to 2020.The report, titled “Food Service Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020”, is available for sale on the company website.According to the report, massive growth of the hospitality industry is one of the primary factors driving the food service equipment market. Moreover, busy lifestyles in the modern world, with a large female workforce, has led to changing eating habits. This has led to high demand for ready-to-eat food, which in turn has fuelled the demand for commercial refrigeration systems.
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