The global food display counter market, currently commanding an impressive valuation of US$ 2.23 billion, stands as a robust entity in the current business landscape. However, the market’s future trajectory promises notable growth, with a projected Compound Annual Growth Rate (CAGR) of 3.9% between 2023 and 2033. By the conclusion of this forecast period, industry experts anticipate the market to achieve a remarkable valuation of US$ 3.27 billion.
In the realm of commercial food and beverage establishments, food display cabinets have evolved into indispensable assets. These cabinets play a pivotal role in preserving a diverse array of food items within precisely controlled environments. Renowned for their ability to maintain products at optimal serving temperatures, these cabinets extend the freshness and visual appeal of food over extended periods. Consequently, food display cabinets have not only become integral fixtures in fast-food restaurants but have also found their place in motels and bakeries, emerging as a hallmark of the modern dining experience.
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Within the realm of food and beverage stores, the temperature-controlled environment afforded by food display cabinets serves as a crucial reservoir for an array of foodstuffs. These cabinets play an instrumental role in sustaining food products at optimal serving temperatures, thus extending their freshness over an extended duration. Furthermore, the shift in dietary preferences has engendered a heightened demand for these “food display counters,” notably in establishments such as bakeries, hotels, and fast-food restaurants.
In its recent market analysis titled ‘Food Display Counter Market,’ Future Market Insights meticulously examines these pivotal dynamics while proffering future insights. The study underscores its commitment to methodological rigor by employing a comprehensive approach encompassing primary, secondary, and tertiary research methodologies.
Key Takeaways from Food Display Counter Market:
- North America holds the largest market share with the US being subject to flourishing processed food exhibition market abreast with technological advancements in food business coupled with big food chains gaining popularity.
- Europe holds the second-largest market share due to the region witnessing leisurely outings along with craving for conventional foods and street foods. Germany, Spain, France are at the forefront on this count. The United Kingdom is witnessing growing utilization of the commercial food display and energy-efficient commercial equipment for storage in food & beverage vertical.
- The Asia-Pacific is expected to grow at a rapid pace in the food display counter market with Japan and Korea being the flagbearers. Japan is on the verge of strengthening the export volume. India and China are looked upon as strong markets for snacks, food, and prepared food items. Coming to Korea, the local population is shifting to food displayed on the counter.
“Given the momentum of well-organized retail trade, exemplified by hypermarkets and supermarkets within the food sector, the global food display counter market is poised for remarkable growth in the forthcoming period,” affirms an analyst from Future Market Insights.
Key Companies Profiled:
- S.a.g. Engineering Products
- M Tech Refrigeration & Engineering
- Chilling System
- Blue Stone Catering Equipment
- Transglobe Kitchen & Equipment
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Key Segments Covered:
By Shape:
- Straight
- Bended
- Round
- L Shaped
- Others
By Shelf Type:
- Two
- More than Two
By Food Type:
- Hot Food
- Cool Food
- Dry Food
- Snacks
- Candies
- Others
By Sales Channel:
- Offline
- Online
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia and ASEAN
- Oceania
- Middle East and Africa (MEA)
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Author:
Ronak Shah (Associate Vice President at Future Market Insights) is deeply committed to uncovering actionable insights for consumer and food and beverage players. She brings a unique blend of analysis, industry trends, and consumer behavior to put data into perspective.
What she makes out of data becomes a delight to read. She has authored many opinions, including for publications like Process Industry Informer and Spinal Surgery News, as she understands the market pulse and consumers’ shifting preferences.
She likes to bring experts to a roundtable to weigh the impact of a trend on an industry. Catch up with her discussion on the impact of AI in packaging.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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