Study: Global foodservice equipment market to reach $50B by 2025
The cooking equipment segment contributed the highest share of 31.3% in 2017, and is projected to maintain its lead through 2025.
The global foodservice equipment market generated $31.09 billion in 2017, and is expected to reach $50.04 billion by 2025, registering a CAGR of 6.40% from 2018-2025, according to a report published by Allied Market Research, Portland, Ore.