OAKVILLE, Ontario, Feb. 05, 2021 Even though the usual parties are on hold this year due the pandemic, and most fans will watch this Sunday’s Super Bowl LV
Midea Expands Partnership with Manchester City & City Football Group The Home Appliances giant has broadened the partnership to include the Manchester City Women s team and New York City Football Club SINGAPORE - Media OutReach - 28 January 2021 - Midea , one of the world s leading home appliance producers, has announced its global partnership expansion with City Football Group. (L to R) Brando Brandstaeter, Head of Brands & Communications, Midea Group s International Business Division with Stephan Cieplik, SVP of Global Partnerships, City Football Group at the signing of the partnership expansion in Shanghai in December 2020. Midea s relationship with City Football Group started in January 2020 when it became an Official Partner of Manchester City, and after a highly successful first year of partnership, the decision was made to expand the relationship by adding
Worldwide Hospital Foodservice Equipment Industry to 2024 - Key Drivers, Challenges and Trends
January 25, 2021 04:33 ET | Source: Research and Markets Research and Markets Dublin, IRELAND
ResearchAndMarkets.com s offering. The hospital foodservice equipment market is poised to grow by $128.26 million during 2020-2024 progressing at a CAGR of 1% during the forecast period.
This report on the hospital foodservice equipment market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment.
The market is driven by the transformation from the assembly line to the made-to-order system and expansions, upgrades, and renovations in hospital.
Product Type (Cooking Equipment, Storage & Handling Equipment, Ware Washing Equipment, and Serving Equipment) and End Use (Full-Service Restaurants & Hotels, Quick Service Restaurants & Pubs, and Catering): Global Opportunity Analysis and Industry Forecast, 2021–2027. According to the report, the global food service equipment market generated $34.25 billion in 2019, and is expected to garner $44.81 billion by 2027, growing at a CAGR of 5.7% from 2021 to 2027.
Drivers, restraints, and opportunities
Growth in food service industry and increase in preference for quick-service restaurants drive the growth of the global food service equipment market. However, high capital requirement restrains the market growth. On the other hand, regulatory benefits and rise in demand for energy-efficient and cost-effective products present new opportunities in the coming years.
Press release content from Wired Release. The AP news staff was not involved in its creation.
Commercial Foodservice Equipment Market 2021 Projections | Top Players Update- Manitowoc Foodservice, Standex International, Illinois Tool Works
December 29, 2020 GMT
New Report On the Commercial Foodservice Equipment Market: Professional and In-depth Study Descriptions
Worldwide Commercial Foodservice Equipment Market (up-to-date) impart a basic compendium of the trade along with type and end-user, analyzes the rate and scope of expansion of the market on a global front. This market expected to witness substantial growth from 2021 to 2030 (forecast period). This research data presents a scrupulous review and technical research, with useful statistics and facts with figures, of the current and future state of the Commercial Foodservice Equipment market over the globe and also opportunities, changing consumer demand and steady growth trail that will fuel these growth trends. The report ev