France Kitchen Equipment Market to be Driven by Rising Prevalence of Quick Service Restaurants During the Forecast Period 2021-2026

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Expert Market Research’s new report titled “France Kitchen Equipment Market Report and Forecast 2021-2026”, provides an in-depth analysis of the France Kitchen Equipment Market, assessing the market based on its end use, equipment size and level type. The report tracks the latest industry trends and studies their impact on the overall market. It also assesses market dynamics, covering key demand and price indicators, as well as market analysis based on SWOT and Porter’s Five Forces models.

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Key highlights of the report include:

Market Overview (2016-2026)

  • Historical market size (2020): USD 61 million
  • Forecast CAGR (2021-2026): 9%

The thriving restaurant and food and beverage industry in France is propelling the development of the French kitchen equipment market. Consumers’ busy lifestyles, combined with a shift in their food preferences, have caused an increase in the consumption of ready-to-eat meals. Additionally, increasing number of restaurants and hotels owing to rapid globalization and urbanization is expected to fuel the growth of the commercial cooking equipment market. Additionally, the increase in disposable income, increase in the percentage of working women, and increased digitalization have led to growth in the number of fast food restaurants, stores, and other facilities. However, the high volatility in raw material prices and the increase in equipment installation costs could restrain the growth of the industry.

Industry definition and major segments

Cooking equipment refers to equipment used in restaurants, hotels, and fast food outlets, which makes it even easier to prepare and store food.

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Based on Equipment Size, the market is split into:

  • 700 series
  • 800 series
  • 900 series

On the basis of end use, the industry is segmented into:

  • Full-service restaurants
  • Institutional canteens
  • Hotels and resorts
  • Quick service restaurants
  • Others

Depending on the type of level, the market can be classified as follows:

  • Entry level (600-700)
  • Intermediate level (700-800)
  • High level (800-900)

Market trends

People’s growing preference for modular kitchens along with growing demand for attractive and innovative kitchen appliances is expected to drive the market growth over the forecast period. The arrival of new appliances for simple and practical cooking should also attract a large number of consumers in the years to come. The growing number of market opportunities are attracting many new players to join the industry and increase their market penetration. The major players in the kitchen equipment market are exploring the potential for new products and innovations, which is increasing the competition among the players.

Main market players

The main players in the market are Capic Sas, France Cuisine, Bonnet International, Sofinor, Meilleur du Chef, Tournus Equipement, among others. The report covers market shares, capacities, plant rotations, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.

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