Commercial Kitchen Equipment Market Worth $112.47 Billion by 2025: Grand View Research, Inc.

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The consolidated market share of gas & electric cooktops and cooking ranges is anticipated to be more than 75% of the overall revenue share by 2025. Combination ovens are projected to witness increasing demand owing to their performance as compared to convection and microwave ovens. By end-use, the European ferry & cruise segment is one of the fastest growing markets, with the UK being a prominent region witnessing significant demand. The regional ferry & cruise segment is witnessing substantial growth in terms of both, destinations and the number of passengers. These trends are anticipated to positively impact the demand for commercial kitchen equipment market in the region.

The Asia Pacific region's QSR segment is expected to grow substantially, owing to an increasing presence of international and local chains in the region. The high cost of renting space in most of the populous Asia Pacific cities is one of the major barriers inhibiting the growth of FSRs, while boosting the QSR establishments, and thereby the kitchen equipment associated with them.

Browse full research report with TOC on"Commercial Kitchen Equipment/Appliances Market Analysis By Product (Refrigerator; Cooking Appliance; Dishwasher, Others), Product By End-use, By Region, And Segment Forecasts, 2014 - 2025" at:http://www.grandviewresearch.com/industry-analysis/commercial-kitchen-equipment-appliances-market

Further Key Findings From the Report Suggest: 

Browse related reports by Grand View Research: 

Grand View Research has segmented the commercial kitchen appliances market by product and by end-use (also includes a cross-sectional analysis for product by end-use). 

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About Grand View Research 

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

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