Foodservice & Hospitality Equipment

The foodservice and hospitality equipment industry has experienced a remarkable surge, expected to reach a valuation of USD 55 billion by 2028, with a CAGR of 5.8% during 2023-2028. This growth is fuelled by several pivotal factors, such as:

• Technological Advancements: Integration of smart technologies and IoT solutions to enhance operational efficiency and streamline processes.
• Sustainability Initiatives: Rising focus on eco-friendly and energy-efficient equipment to reduce carbon footprints and operational costs.
• Demand from Emerging Markets: The increasing number of hotels, restaurants, and catering services in developing regions amplifies the need for quality foodservice equipment.

Key categories include:

• Food Preparation and Cooking Equipment
• Beverage and Dispensing Machines
• Service and Counter Equipment
• Catering and Foodservice Equipment
• Hygiene and Maintenance
• Logistics and Storage
• Specialised Equipment