Market Analysis And Research Reports: Food Service Equipment Market Size is expected to... - 0 views
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emmaj3206 on 28 May 19"The global food service equipment market size is expected to reach USD 44.66 billion by 2025, at a CAGR of 5.0% over the forecast period. Expansion of food service industry and demand for high-end technologies is creating new growth avenues for the market. Changing lifestyle of the working population coupled with high demand for ready-to-cook food is boosting the sales of refrigeration equipment. Moreover, increasing disposable income and the need to upgrade kitchen equipment are also contributing to the growth. The kitchen purpose segment led the market in 2018. The segment is further categorized into cooking equipment and food and beverage preparation equipment. These equipment are an essential part of producing food for a large number of customers. The equipment are used to carry out different operation ranging from cooking, cutting, baking, and others to improve the productivity of food production operation."