Hospital Foodservice Equipment Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2021-2025
Published: Aug 2021 | Pages: 120 | SKU: IRTNTR46461 |
The hospital foodservice equipment market has the potential to grow by USD 1.65 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 3.14%.
This hospital foodservice equipment market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by product (primary cooking equipment, refrigeration, food preparation equipment, food holding and serving, and others) and geography (North America, APAC, Europe, South America, and MEA). The hospital foodservice equipment market report also offers information on several market vendors, including Ali Group Srl, Alto-Shaam Inc., Cambro Manufacturing Co., Duke Manufacturing, FUJIMAK Corp., HOSHIZAKI Corp., ITW Food Equipment Group, The Middleby Corp., The Vollrath Co. LLC, and Vanya Industrial Equipment among others.
What will the Hospital Foodservice Equipment Market Size be in 2021?
Browse TOC and LoE with selected illustrations and example pages of Hospital Foodservice Equipment Market
Hospital Foodservice Equipment Market: Key Drivers and Trends
Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The expansions, upgrades, and renovations in hospital is notably driving the hospital foodservice equipment market growth, although factors such as concerns related to food safety may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the hospital foodservice equipment market industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
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This hospital foodservice equipment market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.
Who are the Major Hospital Foodservice Equipment Market Vendors?
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
- Ali Group Srl
- Alto-Shaam Inc.
- Cambro Manufacturing Co.
- Duke Manufacturing
- FUJIMAK Corp.
- HOSHIZAKI Corp.
- ITW Food Equipment Group
- The Middleby Corp.
- The Vollrath Co. LLC
- Vanya Industrial Equipment
This statistical study of the hospital foodservice equipment market encompasses successful business strategies deployed by the key vendors. The hospital foodservice equipment market is fragmented and the vendors are deploying growth strategies such as providing innovative technologies to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The hospital foodservice equipment market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Which are the Key Regions for Hospital Foodservice Equipment Market?
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46% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for hospital foodservice equipment market in APAC. Market growth in this region will be faster than the growth of the market in other regions.
The rising number of hospitals, growing healthcare expenditure, and the presence of a huge patient pool in the region will facilitate the hospital foodservice equipment market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
What are the Revenue-generating Product Segments in the Hospital Foodservice Equipment Market?
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The hospital foodservice equipment market share growth by the primary cooking equipment segment will be significant during the forecast period. The need for preparation and cooking of a variety of food items in hospitals while fulfilling the nutritional needs of patients is one of the key drivers for the primary cooking equipment segment's growth.
This report provides an accurate prediction of the contribution of all the segments to the growth of the hospital foodservice equipment market size and actionable market insights on post COVID-19 impact on each segment.
What are the Key Factors Covered in this Hospital Foodservice Equipment Market Report?
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will drive hospital foodservice equipment market growth during the next five years
- Precise estimation of the hospital foodservice equipment market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the hospital foodservice equipment market industry across North America, APAC, Europe, South America, and MEA
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of hospital foodservice equipment market vendors
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Hospital Foodservice Equipment Market Scope |
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Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 3% |
Market growth 2021-2025 |
$ 1.65 billion |
Market structure |
Fragmented |
YoY growth (%) |
4.26 |
Regional analysis |
North America, APAC, Europe, South America, and MEA |
Performing market contribution |
APAC at 46% |
Key consumer countries |
US, China, Germany, Japan, and UK |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Ali Group Srl, Alto-Shaam Inc., Cambro Manufacturing Co., Duke Manufacturing, FUJIMAK Corp., HOSHIZAKI Corp., ITW Food Equipment Group, The Middleby Corp., The Vollrath Co. LLC, and Vanya Industrial Equipment |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Executive Summary
- Market Overview
- Overview
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2020
- Market outlook: Forecast for 2020 - 2025
Five Forces Analysis
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product
- Primary cooking equipment - Market size and forecast 2020-2025
- Refrigeration - Market size and forecast 2020-2025
- Food preparation equipment - Market size and forecast 2020-2025
- Food holding and serving - Market size and forecast 2020-2025
- Others - Market size and forecast 2020-2025
- Market opportunity by Product
Customer landscape
- Overview
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2020-2025
- APAC - Market size and forecast 2020-2025
- Europe - Market size and forecast 2020-2025
- South America - Market size and forecast 2020-2025
- MEA - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Ali Group Srl
- Alto-Shaam Inc.
- Cambro Manufacturing Co.
- Duke Manufacturing
- FUJIMAK Corp.
- HOSHIZAKI Corp.
- ITW Food Equipment Group
- The Middleby Corp.
- The Vollrath Co. LLC
- Vanya Industrial Equipment
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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hospital foodservice equipment market
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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- Data on revenue-generating market segments
- Details on the market shares of various regions
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