DUBLIN, June 26, 2023 /PRNewswire/ — The “Global QSR Food Service Equipment Market Forecast to 2027” report has been added to ResearchAndMarkets.com’s offering.
The Global QSR food service equipment market was valued at USD $34.49 billion in 2021 which is expected to reach USD$ 34.88 billion by 2027 at a CAGR 7.02%.
Quick Services Restaurants (QSR) food equipment is another name for QSR food service equipment. These amenities are crucial in enhancing visitors’ moods. The development of hotels, fast food outlets, and quick service restaurants will soon lead to an expansion of the QSR food service equipment market.
The primary growth drivers for the worldwide QSR food service equipment market are the increase in quick service restaurants and the shift in dietary choices brought on by urbanisation.
Also, the rise in popularity of fast-food items like pizza, hamburgers, pasta, and French fries will benefit market expansion. Also, the market will rise due to the use of artificial intelligence and other technical breakthroughs.
However, high installment cost and operational cost is the major restraining factor which is expected to hamper the global QSR food service equipment market growth.
Market Key Players
- Kings Kitchen Solutions
- LIBBEY Inc.
- Hatco Corp.
- The Vollrath Company LLC
- Hoshizaki America Inc.
- Alto-Shaam Inc.
- Taylor Commercial Foodservice Inc
By Equipment Type
- Braising Pans/Tilting Skillets
- Produce washer and Utensil Washer
- Booster Heaters
- Dish washer
Food and Beverage Preparation Equipment
- Water Filters & Water Filter Systems
- Blast Chillers
Storage and Handling Equipment
- Carts and Conveyor Cabinets
- Bus/Tote Boxes and Dispensers
For more information about this report visit https://www.researchandmarkets.com/r/b42077
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Originally published at https://www.prnewswire.com/news-releases/global-qsr-food-service-equipment-market-forecast-report-2021-2022–2023-2027-rise-in-popularity-of-pizza-hamburgers-pasta-and-french-fries-will-benefit-market-expansion-301862925.html
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