Product ID: SQMIG45J2153
Report ID:
SQMIG45J2153 |
Region:
Global |
Published Date: July, 2001
Pages:
157
|
Tables:
91 |
Figures:
76
Asia-Pacific held the largest global food service equipment market share in 2021 and is expected to grow rapidly due to increasing number of food service centers, growing number of small families and changing lifestyles in developing countries such as China and India. Restaurants are expanding their menus to include a variety of cuisines as more and more customers are trying new dishes and becoming more interested in exotic cuisines. Moreover, in the Asia-Pacific region, the demand for hospitality equipment is expected to increase due to rising cost of processed food.
The North American market is expected to grow at a moderate pace during the forecast period. The prevalence of technologically enhanced items and increasing acceptance of these products are driving the market expansion in this sector.
The European market is expected to grow at a staggering rate during the forecast period owing to the region's booming tourism industry and diverse dining options for consumers. The Middle East and Africa catering equipment market is expected to expand during the forecast period due to increasing urbanization. Foodservice equipment is commonly used in full-service restaurants for food handling and processing purposes. Equipment for preparing and serving a variety of dishes is essential in the hospitality industry.
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Product ID: SQMIG45J2153