Westford, USA, Oct. 18, 2022 (GLOBE NEWSWIRE) -- Over the last several years, there has been a notable increase in demand for Food Service Equipment Market. This is due to a number of factors, including an increasing population, an increasing demand for healthy foods, and an increase in the number of restaurants and food establishments. In addition, there has been a shift away from using disposable products – such as disposable plates and cups – to using more reusable alternatives.
This increased demand for food service equipment market has resulted in manufacturers investing in new lines of food service equipment. Some of the newer types of food service equipment include automated dishwashing systems, refrigerated display cases, and self-service ordering kiosks. These systems can help restaurants save money on operating costs by automating tasks that used to be performed by employees. In addition, self-service ordering kiosks can allow customers to order their own food without having to wait in line.
In order to meet this growing demand, manufacturers in the global food service equipment market are working hard to create new and innovative food service products. Some of the latest offerings include electric prep tables and microwaves that use less energy than traditional models. Additionally, kitchen ventilation systems that filter out harmful particles are becoming increasingly popular. All of these products help restaurants reduce their environmental impact while still providing quality foodservice experiences for their customers.
Overall, SkyQuest expect the increased demand for food service equipment market is likely to continue into the future. This is because it is one of the key areas where businesses can save money on operating costs. As a result, restaurateurs and other business owners should consider investing in new types of food service equipment if they want to remain competitive.
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Growing Popularity of Foot Trucks to Give Impetus to Food Service Equipment Market
The demand for food service equipment has been on the rise in recent years due to the proliferation of food trucks. This is especially true in cities across North America and Europe where there are a large number of people who are looking for unique and interesting dining options. As of 2021, food truck market was valued at over $1.3 billion and is expanding at a CAGR of 13.6% with each passing year. In the last five years, the global food service equipment market has witnessed around 43% growth in the demand. As per SkyQuest Findings, there are more than 44,000 food trucks across the US.
Food truck operators often need high-quality equipment in order to serve up quality food, and that's why there has been a growing demand for food service equipment like boilers, mixers, and ovens. There are also a lot of vendors who are specializing in providing these kinds of items to food truck operators, so you can be sure that you're getting the best possible product.
As the popularity of food trucks continues to grow, so too does the demand for food service equipment market. From fryers to refrigerators, food service providers need a wide variety of equipment to accommodate the ever-growing menu choices and catering needs of mobile restaurateurs.
One such piece of equipment is the commercial kitchen range. Available in both electric and gas models, these ranges come with a variety of features that can make cooking meals for customers easier and more efficient. From large cooktop spaces to multiple ovens and grills, these ranges can accommodate almost any catering needs. In addition to kitchen ranges, food service providers also need access to other essential pieces of equipment for preparing food. From blenders to mixers, these tools can help cooks create signature dishes quickly and easily. With prices ranging from affordable options to high-end models, it's easy to find the right tool for any catering job.
One type of equipment that is particularly popular among mobile eateries across global food service equipment market is portable fryers. These fryers are perfect for mobile restaurants because they can be used to cook a variety of foods, including French fries and chicken nuggets. They are also lightweight, making them easy to transport. However, portable fryers tend to be expensive compared to other types of foodservice equipment.
Another type of food service equipment that is gaining popularity is countertop steamers. These steamers are perfect for catering events because they can cook a wide variety of foods quickly and easily. They are also relatively affordable, making them a good option for small businesses who want to start catering events but don't have enough money to invest in more expensive food service equipment.
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Kitchen Equipment to Generate over 41% Market Revenue
Over the past decade, kitchen equipment has remained one of the most popular segments in the food service equipment market. In fact, kitchen equipment sales have surpassed those of dining room furniture and appliances in recent years. This is likely due to the growing trend of quick and convenient foodservice options, as well as an increased demand for healthy and sustainable foods. One of the most popular types of kitchen equipment is cookware.
Other popular types of kitchen equipment in the global food service equipment market include ovens; microwaves; dishwashers; range hoods; countertops; mixers and blenders; steamers, fryers, coffee makers; juicers and juice extractors. There are a number of factors that contribute to the popularity of kitchen equipment among foodservice operators. One reason is that modern kitchens are smaller than they used to be, which means that fewer pieces of furniture are needed overall. Additionally, many people now prefer fast and convenient foodservice options over old fashioned sit-down restaurant meals. And finally, there is a growing trend towards healthier eating habits – especially among young people.
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Top Players in Global Food Service Equipment Market
- Meiko (Germany)
- Duke Manufacturing Co. Inc. (US)
- Hoshizaki Electric Co., Ltd (Japan)
- Fujimak Corporation (Japan)
- Tupperware Hobart Corporation (US)
- Dover Corporation (US)
- Brands Corporation (US)
- Electrolux AB (Sweden)
- Ali Group SpA (Italy)
- Manitowoc Company Inc.
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