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April 26, 2005
Flexibility Key to Profitability as Foodservice Equipment Industry Evolves
Learn the latest trends effecting the ever changing foodservice equipment industry.
New York (PRWEB) April 26, 2005 -- The $7.07 billion U.S. foodservice equipment industry has faced some challenges in the past few years as equipment becomes more of a commodity product. According to the recently updated by Specialists in Business Information, “The U.S. Market for Foodservice Equipment,” it has been an upward battle for increased sales in a landscape cluttered with too many mid-tier firms competing with marginal market growth.
"The foodservice market took a time to bounce back from the effects of 9/11 and is still in recovery mode,” according to Don Montuori, Acquisitions Editor for Specialists in Business Information. “A full and quick recovery has been hampered by the cluttered marketplace and the ongoing threat of less-expensive, foreign-made equipment. Foodservice equipment dealers have also struggled as new and different distribution venues multiply, altering the old school dealer-client relationship.”
However, with the economy showing signs of an upturn, “The U.S. Market for Foodservice Equipment” recommends that now is the time for industry players to adapt to change through cost-cutting, improved operating efficiency and improved service and response. Even though big players like beverage companies seem to favor cheaper imports overall, the restaurant industry is still looking for servicing ability and responsiveness of the equipment manufacturers. The restaurant industry, especially the growth and popularity of the casual dining establishment is a wide open opportunity for the foodservice industry.
“The U.S. Market for Foodservice Equipment” investigates the market for various products designed for use in eating and drinking places, and reviews manufacturer and marketer strategies that maximize growth and profitability. This comprehensive database covers U.S. shipments, price gains, profitability, the competitive environment, and foreign market trends for each industry equipment sector. Report sections also investigate foodservice industry trends, eating and drinking place capital expenditures, and competitor intelligence.
Priced at $3,000, this report can be purchased from www.MarketResearch.com or by clicking on the following link: http://www.marketresearch.com/pub/1037788.html
About Specialists in Business Information
Specialists in Business Information (SBI) is a leading publisher of market research in the materials, construction, and industrial sectors. SBI is a division of MarketResearch.com, the leading provider of global business intelligence on markets, industries, and companies. For more information, contact Irina Frukhtbeyn at 301-468-3650 x203, or e-mail protected from spam bots.
Posted by Industrial-Manufacturing at April 26, 2005 06:57 AM