Global Hospital Foodservice Equipment Market – Market Trends, Drivers, and Forecast from Technavio

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According to the latest market research study by Technavio, the global hospital foodservice equipment market is expected to grow at a CAGR of close to 3% during the forecast period 2017 to 2021.

This report by Technavio provides an in-depth analysis of the global hospital foodservice equipment market in terms of revenue and emerging market trends. The report also includes a competitive vendor analysis and forecasts for various market segments and all geographical regions.

Technavio research analysts categorize the market based on the application

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The top three revenue contributing application segments are discussed below

Primary cooking equipment: The need for preparation and cooking of a variety of food items in hospitals while maintaining the nutritional needs of patients is one of the key drivers for this segment’s growth. The nutrient profile of a food item is affected by the non-compliance with the standard recipes that includes incorrect quantities of ingredients and alteration of cooking methods.

“For nutritional food, cooking operators in hospitals need to focus on some parameters. They should focus on the yield and portion capacity of the cooking equipment, which can change the length, width, and depth of pans. They should also focus on critical control points as part of the Hazard Analysis Critical Control Point, such as internal cooking, safe thawing, holding, serving, and storage temperatures,” says Abhay Sinha, a lead analyst at Technavio.

Refrigeration: The key manufacturers of the refrigerator in the market are opting for better technical and financial resources to provide innovative products to the end-users. It is important for the manufacturers to design the refrigerator by keeping in mind the space constraints in the hospitals. Hospitals also need to select those kinds of refrigeration equipment that have low emissions and are made using CFC/HCFC-free polyurethane insulation.

Food preparation equipment: Companies like Vanya are providing high-quality customized kitchen equipment for both government and private hospitals. The company is providing highly-efficient systems that provide productivity, hygiene, and low operating cost. The company is also known for its consistent quality, best equipment design, and broad market coverage.

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The top vendors operating in the global hospital foodservice equipment market are:

  • Ali
  • Cambro
  • Standex International
  • Middleby

The other prominent vendors in the market include Alto-Shaam, Boelter, Hoshizaki Electric, Manitowoc, Vanya, and Vollrath.

A more detailed analysis is available in the Technavio report titled, ‘Global Hospital Foodservice Equipment Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.

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