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Growth of Commercial Cooking Equipment Market in Upcoming Years
 
Release Date: 12/7/2017
 
Global commercial cooking equipment market is expected to register a 5.6% CAGR over the forecast period. Moreover, the global commercial cooking equipment market was valued at USD 973.1 Million in 2015 and is expected to reach at notable revenue of USD 1.5 Billion by the end of 2023. Factors such as rising demand for fast food and growing food service market are key factors which are responsible for rising demand for commercial cooking equipment. Furthermore, changing eating culture across the globe is forcing population towards hotels, restaurants and other food service providers.

Growing Street Food Market

Rising popularity of street foods amongst the consumers is augmenting the demand for commercial cooking equipment across the globe. Further, growing food tourism across the globe is also a major factor which is augmenting the demand for commercial cooking equipment across the globe. For instance, street food in china is major part of chines eating culture and growing gastronomic tourism in China is augmenting the demand for commercial cooking equipment in China.

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Emergence of New Hotels & Restaurants

Growing hospitality sector across the globe and emergence of new hotels and restaurants are likely to augment the demand for commercial cooking equipment in upcoming years.

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This report also provides the existing competitive scenario of some of the key players of the global commercial cooking equipment market which includes company profiling of AB Electrolux, Hobart Corporation, Manitowac Company Inc., Fujimak Corporation, Duke Manufacturing Co. Inc., Rational AG, Dover Corporation, Vollrath Company LLC, ITW FOOD EQUIPMENT GROUP, and Hoshizaki America Inc.

For Table of Content & Free Sample Report Contact:
Name:-Ajay Daniel
Email: ajay.daniel@researchnester.com
U.S. 1 646 586 9123
U.K. 44 203 608 5919
Website:-www.researchnester.com

 
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