Press Releases
 
Catering Equipment Market – New Innovations, Application, Recent Technology Updates & Forecast

, 29 October 2018 -- Catering Equipment Market – New Innovations, Application, Recent Technology Updates & Forecast

Catering equipment is used to prepare, serve, and store food in hotels, restaurants, hospitals, cafes, and nursing homes. The global catering equipment market is expected to witness tremendous growth in the near future. Increasing number of hotels and restaurants, cafes and food joints, and hospitals and nursing homes are contributing to the growth of this market. Some of the catering equipment is also used to wash food items, utensils, and crockery.

The demand for catering equipment is driven by the overall improvement in an economy and the strong resilience of the hospitality sector. Key factors influencing the market include the increasing levels of consumer confidence and the very strong growth in the eating out sector. The market is expected to grow at a significant pace in the next few years due to product development with higher hygiene standards, the development of restaurant and hotel chains, and the demand for small and more sustainable products.

Get Brochure For More Information@ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=46092

New product development is a major growth driver of demand for catering equipment. The current focus is directed toward the development of equipment and products that help to comply with health and hygiene, and safety regulations. Technological advancement such as wash zones or separate drawers to allow the dishwasher to run a half-load, steam cycles to clean, dry, and sanitize dishes in dishwashers, utensil cleaners etc., have also resulted in reducing the level of water usage.

Price competition, particularly from low value imports, and life-span of products is affecting the growth of the catering equipment market negatively. Longer life span of products reduces the replacement cycle. Absence of stringent government regulations is one of the major factors affecting the growth of the catering equipment market across the globe. Further, poor quality of low cost catering equipment, high cost of advanced equipment, and less demand in under developed countries acts as major restraints to the market.

The global catering equipment market can be segmented based on product type, end users, distribution channel, and geography. In terms of product type, the market can be classified into cooking equipment, food handling equipment, refrigeration equipment, food preparation equipment, and other catering equipment. Cooking equipment and food handling equipment are the two largest sectors of the market. The cooking equipment can be further segmented into grills, fryers, steamers, toasters, cookers, and others. Food handling equipment can be classified into food containers, food conveyors, cabinets, trolleys, and others. Refrigeration equipment can be divided into freezers, chillers, refrigerators, and others. Food preparation equipment include mixers, peelers, cutters, etc. whereas other catering equipment include bar equipment, tea and coffee making equipment etc. Based on end-use, the market is segmented into full-service restaurants & hotels, quick-service restaurants, pubs, and caterers. In terms of distribution channel, the market can be divided into online and offline channels. Offline market is further segmented into hypermarket and supermarket, convenience store, and others. Geographically, the market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America.

Get Customize Report@ https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=46092

Key players operating in the catering equipment market include Kohler Co., GE Appliances, Robert Bosch GmbH, Siemens AG, and DE&E Appliances Co., Ltd. Other prominent players include Ningbo Fotile Kitchen Ware Co., Ltd, Sakura, Space Group, Urban Ladder, Fabfurnish.com, FISSLER, Häcker Küchen, and Godrej & Boyce. There are also a large number of regional manufacturers of catering equipment, making the catering equipment market fragmented in nature.

# # #


Submitted by K Singha on Monday, 29 October 2018 at 8:35 PM
Category: Science & Research
 
Related News

Public Safety Wireless Communication and Municipal Wireless Communication Market
Monday, 21 Jan 2019

U.S. HEPA (High Efficiency Particulate Air) Vacuum Filters Market - Current and Projected Industry S
Monday, 21 Jan 2019

Mobile Wallet Market to reach US$1,602.4 by 2018 End
Monday, 21 Jan 2019

U.S. Specialty Household Cleaners Market to Expand at Healthy 6.6% CAGR 2018
Monday, 21 Jan 2019

Market for MEMS in Medical Applications to Reach US$6.5 bn by 2019
Monday, 21 Jan 2019

Related Events

2019 Asia Pacific Energy Assembly and Awards Dinner
Wednesday, 30 Jan 2019

20th International Union for Quaternary Research Congress (INQUA 2019)
Thursday, 25 Jul 2019

Latest News

Bladder Evacuators Market Estimated to Observe Significant Growth during – 2025
Tuesday, 22 Jan 2019

CD19 Therapeutics Market Inclined to Deliver Positive Growth Results until 2025
Tuesday, 22 Jan 2019

Patient Warming Devices Market: Rising Incidences of Premature Births to Bolster Growth
Tuesday, 22 Jan 2019

Using Wii LAN Adapter to Access Internet by way of Wired Network
Tuesday, 22 Jan 2019

What's a Front Lip and Why Would You need One?
Tuesday, 22 Jan 2019

 
Want to get your press releases, event listings, and job ads on Scoopasia? Register now for a FREE account or login if you already have one!
Scoopasia v1.0b. Copyright © 2019
Today is Tuesday, 22 January 2019

About Scoopasia | FAQ | Privacy Policy | Contact Us

Press Releases
Event Listings
Job Listings
Arts & Entertainment
Architecture & Construction
Automotive & Travel
Business
Consumer Technology
Economy
Education
Enterprise Technology
Food & Fashion
Government & Policy
Health Care & Medical
Legal/Law
News & Media
Religion
Science & Research
Sports & Fitness
Login / Register
Get Scoopasia through RSS Feeds & Email Notifications!


Journalist's Toolbox
Hello journalist, welcome to Scoopasia--a powerful online resource for media information in Asia. Scoopasia has press releases and media events for every beat and industry. All content on Scoopasia is 100% FREE. You don't even need to login!

  • Scoop Line
    (Instant Information Request)
    The easiest way to ask questions and request information from the PR community.


  • Advanced Search
    Drill down, dig deep, for media information the way you want it.

  • Journalist's Resources
    Resources and tools you can't do without.

  • PR Tools
    Scoopasia Blog Search
    Search the largest handpicked collection of Asia's most prominent and influential blogs.


    Resources
  • PR Bookmarks
  • Web 2.0 Bookmarks
  • Media Bookmarks

    More Coming Soon...

  • Upcoming Events
  • Montreal Graduate Fair - Meet Top US And International Master's Programs
  • Mayo Clinic Urology Review 2019
  • Social Media in the Pharmaceutical Industry
  • SMi's 8th Annual Pharmaceutical Microbiology UK Conference
  • Social Media in the Pharmaceutical Industry, 21-22 January 2019, London, UK

  • Latest Jobs
    Sorry, there are currently no entries posted here.