FOOD SERVICE EQUIPMENT MARKET ANALYSIS

Regional Analysis

Global Food Service Equipment Market: Regional Insights

Based on geography, the global food service equipment market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

North America is expected to dominate the global food service equipment industry, owing to early adoption of innovative kitchen equipment. In addition, the booming hotel and restaurant industries in the region are creating huge opportunities for this market.

Europe is the second-largest market for food service equipment, mainly owing to the rapidly westernizing dining customs of the region’s population. Additionally, the expanding tourism industry is boosting the growth of hotels and restaurants in the region.

Asia Pacific is projected to exhibit the fastest growth during the forecast period. The region’s fast-growing economy and growing middle class are spurring the expansion of restaurants and cafes. In addition, the Asian population is gaining interest in western cuisines and is increasingly seeking restaurants with varied menu options.

• North America: U.S. and Canada
• Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
• Rest of World