Food Service Equipment Market Demand, Analysis, Forecast, Trends, Key Drivers 2023-2032| AB Electrolux, Ali Group Srl a Socio Unico, Dover Corporation, Duke Manufacturing, Haier Group

The Food Service Equipment Global Market Report 2023, provides comprehensive information on the food service equipment market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

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As per The Business Research Company’s Food Service Equipment Global Market Report 2023, the global food service equipment market size grew from $34.74 billion in 2022 to $36.8 billion in 2023 at a compound annual growth rate (CAGR) of 5.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The food service equipment market size is expected to grow to $46.29 billion in 2027 at a CAGR of 5.9%.

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The food service equipment market is segmented:

1) By Equipment: Food Preparation Equipment, Drink Preparation Equipment, Heating And Holding Equipment, Cooking Equipment, Refrigerators And Chillers, Baking Equipment, Merchandisers, Ware Washing Equipment, Other F&B Service Equipment

2) By Distribution Channel: Online, Offline

3) By End-User: Full Service Restaurant, Quick Service Restaurant, Institutional, Other End-Users

Asia-Pacific was the largest region in the food service equipment market in 2022.

The table of contents in TBRC’s food service equipment market report includes:

1. Executive Summary
2. Market Characteristics
3. Market Trends And Strategies
4. Impact Of COVID-19
5. Market Size And Growth
6. Segmentation
7. Regional And Country Analysis

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27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis

Top 5 Major Key Players Are:

• AB Electrolux
• Ali Group Srl a Socio Unico
• Dover Corporation
• Duke Manufacturing
• Haier Group

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