Hospital Foodservice Equipment Market Size, Drivers, Product Outlook and Growth Prospect till 2028

Hospital Foodservice Equipment Market Size,
Drivers, Product Outlook and Growth Prospect
till 2028
“The rising aging population and increasing prevalence of chronic diseases are major factors
responsible for the growth of this market. Moreover, technological advancement, growing demand for
hospital foodservice equipment in countries including the U.S. and Germany, and the implementation
of regulatory norms are other factors driving the market.”
Hospital Foodservice Equipment Market report offers the most up-to-date data on current market scenario, trends
and future outlook. This study provides numerous opportunities for market players to invest for research and
development in the market. It also provides a detailed evaluation of the industry by highlighting information on
different aspects which include drivers, restraints, growth opportunities, and threats. This information can help
stakeholders to make appropriate decisions before investing.
Main Features of the Report:
To gain insightful analyses of the market and have comprehensive understanding of the global market and its
commercial landscape.
Assess the production processes, major issues, and solutions to mitigate the development risk.
To understand the most affecting driving and restraining forces in the market and its impact in the global
market.
Learn about the market strategies that are being adopted by leading respective organizations.
To understand the future outlook and prospects for the market.
Besides the standard structure reports, we also provide custom research according to specific requirements.
Impact Of COVID-19 on hospital foodservice equipment Market.
The global hospital foodservice equipment market size is expected to reach USD 10.55 billion by 2028, according to
a new report by Million Insights. It is expected to expand at a CAGR of 3.8% from 2021 to 2028. The rising aging
population and increasing prevalence of chronic diseases are major factors responsible for the growth of this
market. Moreover, technological advancement, growing demand for hospital foodservice equipment in countries
including the U.S. and Germany, and the implementation of regulatory norms are other factors driving the market.

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Due to the COVID-19 pandemic, the healthcare industry is growing at a tremendous rate. Additionally, the demand
for nutritional and healthy food is rising. Such equipment plays a vital role in fulfilling the dietary needs of the
patients. Healthcare facilities ensure that the latest technology is incorporated in food preparation and distribution
to positively impact patients' wellbeing. The other factors that affect the growth of the hospital foodservice
industry are increased spending on healthcare, improved standard of living, and upgrade in the services. Usually,
the patients opt for hospitals that offer all the facilities with food services. Such a trend is expected to play a key
role in expanding the industry size in the near future.
The beverage dispensers segment captured the largest share of over 45.0% in 2020 due to its rising demand.
Increasing spending by consumers on soft drinks has driven the segment. The installation of beverage dispensers in
hospitals allows the dispense of soft drinks to the visitors and other staff members. Owing to this reason, the
segment is estimated to witness growth over the forecast period.
North America dominated the market with a revenue share of more than 36.0% in 2020 due to the high product
demand in the U.S. and Canada. Increasing demand for environment-friendly equipment will drive the market in
this region. Moreover, the increasing purchasing power of the consumers in this region is driving the market. Asia
Pacific is estimated to be the fastest-growing regional market over the forecast period due to the rising demand for
hospital foodservice equipment in countries, like China and India.

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Hospital Foodservice Equipment Market Report Highlights
Asia Pacific is expected to register the fastest growth rate of 5.0% from 2021 to 2028 owing to the growing
trend of hospital foodservice equipment in countries, including China and India
By application, the large-sized hospitals segment captured the largest share of over 70.0% in 2020 owing to
the increasing prevalence of chronic diseases
Based on product, beverage dispensers held the largest share of more than 45.0% in 2020 due to their rising
demand
The establishment of partnerships to undergo sustainable developments and new product launches are
some of the strategies utilized by the industry participants for gaining a competitive edge in the market
Hospital Foodservice Equipment Market Segmentation
Million Insights has segmented the global hospital foodservice equipment market on the basis of product,
application, and region:
Hospital Foodservice Equipment Product Outlook (Revenue, USD Million, 2017 - 2028)
Beverage Dispensers
Refrigerated Vending Machines

Commercial Freezers
Refrigerators
Hospital Foodservice Equipment Application Outlook (Revenue, USD Million, 2017 - 2028)
Large Sized
Small and Medium Sized
Hospital Foodservice Equipment Regional Outlook (Revenue, USD Million, 2017 - 2028)
North America
o U.S.
Europe
o Germany
o U.K.
o France
Asia Pacific
o China
o Japan
Central & South America
o Brazil
Middle East & Africa
o South Africa
List of Key Players of Hospital Foodservice Equipment Market
Ali Group Srl
Alto-Shaam Inc.
Cambro Manufacturing Co.
Duke Manufacturing
FUJIMAK Corp.
HOSHIZAKI Corp.
ITW Food Equipment Group
The Middleby Corp.
The Vollrath Co. LLC
Vanya Industrial Equipment
Standex International Corporation

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