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Stock impact report

Growing Emphasis on Personal Care and Shifting Consumer Preference toward Sustainable Practices Contribute to the Growth of the Food Service Equipment Market | Future Market Insights, Inc....

The Middleby Corporation (MIDD) 
Last the middleby corporation earnings: 2/26 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
eco-friendly equipment, and government initiatives supporting tourism. The surge in off-premise dining trends and sustainable practices further drives the adoption of advanced equipment across the nation. NEWARK, Del, Nov. 25, 2024 (GLOBE NEWSWIRE) -- The global food service equipment market is projected to grow significantly, reaching USD 82,099.3 million by 2034 , from USD 45,449.7 million in 2024 , at a CAGR of during the forecast period. This growth is driven by technological advancements, shifting consumer demands, and increasing environmental awareness. Rising takeout orders, shifting eating habits, and the growing hotel industry are the key forces propelling the market. Growing digitization, the requirement for environmentally friendly & sustainable equipment, and strict consumer safety regulations are anticipated to generate favorable growth prospects for the market in the forecast period. The market is changing in response to customers' shifting requirements for kitchen Show less Read more
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