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Tag search results for: "food service equipment industry"
Jui Roy
The global food service equipment market was valued at US$35.40 Bn in 2020 and expected to reach US$46.38 Bn by 2027 and is expanding at a CAGR of 4.1% during the forecast period. Most of the food and beverage companies are entering the segment of ghost kitchen owing to the rising rents and shrinking margin levels where cutting off the excess space for dining can provide a growth opportunity. The concept of ghost kitchen has transformed the phase of the hospitality and restaurant ind... more
Jui Roy
The Global Foodservice Equipment Market was valuedX at US$ 35.40 Bn in 2020 is expected to reach US$ 46.38 Bn by 2027, with a growing CAGR of 4.1% during the forecast period (2021-2027). Food service equipment is utilized for the preparation and storage of food items for commercial purposes. This equipment incorporates cooking equipment, storage & handling equipment, ware washing equipment, food & beverage preparation equipment, and serving equipment.  Read More @ https://ww... more
Jui Roy
The Global Foodservice Equipment Market was valued at US$ 35.40 Bn in 2020 is expected to reach US$ 46.38 Bn by 2027, with a growing CAGR of 4.1% during the forecast period (2021-2027). Food service equipment is utilized for the preparation and storage of food items for commercial purposes. This equipment incorporates cooking equipment, storage & handling equipment, ware washing equipment, food & beverage preparation equipment, and serving equipment.