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Industry’s analysts forecast the Global Food Dispensing Machine Market to grow at a CAGR of 5.37% during the period 2017-2021.About Food Dispensing Machine
The increasing awareness of the importance of storing food items under hygienic conditions and keeping them fresh are major factors that drive this market. Foodservice establishments prefer using food dispensing machines to minimize cross-contamination of food through hand and air, which also increases the shelf life of the products. The increase in the number of foodservice establishments using food dispensing machines is expected to drive the market during the forecast period. For instance, in 2016, Starbucks announced its plan to open around 5,000 new outlets in China by the end of 2021. Such cafés use food dispensing machines to store coffee beans, tea leaves, and toppings. Vendors of food dispensing machines are focusing on developing equipment that can keep food items at safe temperatures.
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Covered in this report
The report covers the present scenario and the growth prospects of the global food dispensing machine market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Latest report, Global Food Dispensing Machine Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
1. IDM
2. Rosseto
3. Server Products
4. Zevro
Other prominent vendors
• BUNN
• Cal-Mil
• Grindmaster-Cecilware
• Garibaldi
• Nemco Food Equipment
• Star Manufacturing International
• TableCraft
• The Vollrath Company
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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Market driver
Increase in number of foodservice establishments using food dispensing machine.
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Market challenge
Prevailing market for pre-owned equipment.
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Market trend
Increasing demand for food dispensing machines with improved features.
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Contact Info:
Name: Hector Costello
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Website: http://www.orbisresearch.com/reports/index/global-food-dispensing-machine-market-2017-2021
Release ID: 193790