NEW YORK, Sept. 24, 2021 /PRNewswire/ --
The global hospital foodservice equipment market is poised to grow by USD 1.65 billion during 2021-2025, progressing at a CAGR of over 3% during the forecast period, according to Technavio. The report offers an up-to-date analysis of the latest market trends, growth accelerators, and risk factors in the market.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. 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 are some of the major market participants. Although the expansions, upgrades, and renovations in hospitals and transformation from the assembly line to made-to-order will offer immense growth opportunities, concerns related to food safety will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Hospital Foodservice Equipment Market 2021-2025: Segmentation
Hospital Foodservice Equipment Market is segmented as below:
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Hospital Foodservice Equipment Market 2021-2025: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our hospital foodservice equipment market report covers the following areas:
This study identifies the increasing focus on healthier and nutritious food as one of the prime reasons driving the hospital foodservice equipment market growth during the next few years.
Hospital Foodservice Equipment Market 2021-2025: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the Hospital Foodservice Equipment Market. Backed with competitive intelligence and benchmarking, our research report on the Hospital Foodservice Equipment Market is designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Hospital Foodservice Equipment Market 2021-2025: Key Highlights
Table Of Contents :
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Product
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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