Foodservice Equipment Market Statistics, Segmentation and Forecast to 2027 researchcmfe.com

The Global Foodservice Equipment Market was valued at US$ 35.40 Bn in 2020 is expected to reach US$ 46.38 Bn by 2027, with a growing CAGR of 4.1% during the forecast period (2021-2027).
Food service equipment is utilized for the preparation and storage of food items for commercial purposes. This equipment incorporates cooking equipment, storage & handling equipment, ware washing equipment, food & beverage preparation equipment, and serving equipment.