FOOD DISPLAY CABINET MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Global food display cabinet market is estimated to be valued at USD 23.63 Bn in 2024, exhibiting a compound annual growth rate (CAGR) of 8.5% from 2024 to 2031. Global food display cabinet market has been witnessing growth in the recent past years, owing to rising demand for aesthetically appealing food presentation as well as preservation of quality and freshness of food items. Food display cabinets are commonly used in restaurants, cafes, hotels, and food retail stores to store and display a variety of food products in an attractive manner. These cabinets are designed to maintain optimal temperature and humidity levels to extend the shelf life of food. Rapid expansion of the foodservice industry globally has boosted the need for innovative and efficient food display solutions, thus, driving the food display cabinet market growth. With growing cognizance about food safety and hygiene, there has been rising demand for cabinets with features such as LED lighting and anti-microbial surfaces.

 Market Dynamics:

Rising number of quick-service restaurants, hotels, and cafes globally is expected to drive the global food display cabinet market growth. Growing consumer preference for eating outside and on-the-go dining experiences has necessitated the need for attractive food presentation. However, high initial investment costs associated with commercial display cabinets can hamper its widespread adoption. Ongoing technological advancements in food storage and display solutions can offer new growth opportunities. For example, cabinets with features such as remote monitoring, IoT connectivity and advanced temperature management are gaining traction. Improving standards of living and disposable income levels in developing countries is also expected to create drive the market growth in the near future. Sustainable product development through eco-friendly materials and energy-efficient features can further expand business opportunities.

 Key Features of the Study:

• This report provides in-depth analysis of the global food display cabinet market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global food display cabinet market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include Carrier Global Corporation, Hatco Corp, The Vollrath Co. LLC., True Manufacturing Co Inc, Hoshizaki Corp, Alto-Shaam Inc., FRIGOGLASS S.A.I.C, The Middleby Corp, Kitchenrama, Kareliya equipments, Thermodyne, TFSE Products, Luminati, Tefcold, Al Razana kitchen
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• Global food display cabinet market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global food display cabinet market

Detailed Segmentation-

•  By Type:
• • Refrigerated Food Display Cabinets
  • Heated Food Display Cabinets
• By Materials:
• • Glass
  • Stainless Steel
  • Wood
  • Others
• By End User:
• • Supermarket and Hypermarket
  • Restaurants
  • Bakery
  • Others
• By Regional:
• • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
• Company Profiles:
• • Carrier Global Corporation
  • Hatco Corp
  • The Vollrath Co. LLC.
  • True Manufacturing Co Inc
  • Hoshizaki Corp
  • Alto-Shaam Inc.
  • FRIGOGLASS S.A.I.C
  • The Middleby Corp
  • Kitchenrama
  • Kareliya equipments
  • Thermodyne
  • TFSE Products
  • Luminati
  • Tefcold
  • Al Razana kitchen