Foodservice Equipment Market Is Expected to Witness Steady Growth over 2016-2024, at a CAGR of 5.2%
Rising number of restaurants, hotels, and fast-food joints will remain a primary driver to the global foodservice equipment market. Up from US$ 27.69 Bn attained in 2015, the market for FSE is likely to reach US$ 28.91 Bn by 2016 end. Developing regions are expected to raise significant demand for foodservice equipment. Asia Pacific will remain the most lucrative market for foodservice equipment.
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