DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Foodservices Equipment Market Report - Focus on the US: 2016 Edition" report to their offering.
The report "Foodservice Equipment Market- Focus on the US" provides an in-depth analysis of the market, with a focus on regional markets. The major trends, growth drivers as well as issues being faced by the industry are being presented in this report. The major players in the industry, Manitowoc Foodservice, Middleby, Illinois Tool works (ITW) and Rational are being profiled.
This market is quite competitive and diverse in nature. An increasing globalization has led many food chains like Mc Donald's, KFC and Dominos to establish their outlets in different parts of the world which has directly affected the growth of the foodservices equipment market.
A change in the lifestyle of the people and increasing tendency of eating outside the home is helping the industry to grow. Food safety is yet another crucial factor to be addressed by food providers and high quality foodservice equipments help in ensuring the food safety. Modern and efficient equipments will encourage energy efficiency in the kitchen and reduce the waste.
Restaurants and hotels are trying to reduce waste and promote sustainability which paves way for the demand of efficient equipments. Foodservice equipment industry involves those companies that make the equipment needed to produce, transport, store and serve food products.
As per the report "Foodservices Equipment Market - Focus on the US: 2016 Edition", the demand for foodservices equipment will be driven by increase in population, increasing employment, increasing number of restaurants, globalization and liberalization of global trade, growing hygiene and sanitation standards, increasing urbanization, improved economic growth and changing lifestyle of the working population.
Some of the noteworthy trends and developments of this industry are growth of fast casual restaurants, trend of small size equipments, designing energy efficient products and introduction of technologically advanced products. However, the expansion of foodservice equipment market is hindered by effect of seasonal changes, risk associated with product development, increased competition, operating cost and labor issues and political instability.
The report by presents an in-depth analysis of the US market along with a focus on all major regions. A thorough analysis has been conducted on key market players covering their business overview, product portfolio, financial overview and business strategies.
Companies Mentioned
- Illinois Tool Works (ITW)
- Manitowoc Foodservice
- Middleby
- Rational AG
For more information visit http://www.researchandmarkets.com/research/c6svzt/foodservices
