Authored By: Sarah
23 Aug 2024

Commercial Food Scales Market Size to grow by USD 129.26 million between 2024-2028

Technavio, a leading provider of market research reports, has released its latest study on Commercial Food Scales Market. This report offers a comprehensive analysis of the current market trends, emerging opportunities, and key challenges.

Key Highlights

  • Market Research Overview:

The Commercial Food Scales Market is a segment of the broader Global Electrical Components and Equipment Market, encompassing businesses specializing in this sector. This market is defined by Technavio and includes manufacturers of electrical distribution and protection equipment, sensors, meters and indicators, recorders and loggers, and process safety systems. The parent market, Electrical Components and Equipment, generates revenue from various sub-sectors, including water heaters and accessories, motors, automation solutions, and electrical distribution and protection equipment, among others. - The Commercial Food Scales Market is experiencing significant growth, fueled by the Cost-effectiveness of food scales. Businesses are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

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  • Major Findings

    • Cost-effectiveness of food scales
    • Eating healthier and possibly losing weight
    • Risk of counterfeiting in commercial food scales market
    • Issues associated with low-quality digital scales
  • Growth Projections

The market size is estimated to grow by USD 129.26 million, at a CAGR of 3.82% during the forecast period. Growing demand for innovative appliances in food sector | Compact and space-conscious commercial food scales | Growing sales of commercial food scales through e-commercial websites

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  • Regional Insights

In the APAC region, the commercial food scales market is poised for substantial expansion due to the imperative of producing safe and consistent food products. Factors driving this growth include a burgeoning middle class with rising disposable income, the availability of a diverse range of commercial scales online at competitive prices, and the expanding organized retail sector. Emerging economies, such as China and India, are also expected to witness heightened demand, fueled by growing awareness of the benefits of using precision scales in the commercial food industry.

Research Analysis Overview

In the dynamic and ever-evolving market of food service, commercial food scales play a pivotal role in the distribution, consumption, and preparation processes of various commercial enterprises. These scales, available in both digital and mechanical formats, facilitate accurate volume measurements in grams and ounces for food ingredients in both commercial and domestic kitchens. The North American market for food scales is witnessing significant growth due to the increasing demand from third-party food service providers and formal contract food service operations. Technological developments have led to the production and servicing of advanced commercial food scales, enhancing the efficiency and precision of food preparation and output/shipments. Food scale manufacturers cater to the diverse needs of the industry by providing a range of products, from basic kitchen scales to high-capacity commercial food scales. The formal contracts between food service providers and manufacturers ensure consistent quality and reliability in the supply of food scales. In summary, commercial food scales are essential tools in the food service industry, enabling precise measurements, enhancing efficiency, and contributing to the overall success of commercial kitchens in the North American market.

About Technavio                                                                        

Technavio is a global market research company offering comprehensive reports and insights on various industries. Our research helps businesses make informed decisions by providing actionable data and trends. Technavio is based on four simple principles: easy-to-access reports, robust industry coverage, a focus on new and emerging technologies, and competitive pricing. We believe in helping companies and executives become better equipped to make faster, sounder, and more effective decisions. Technavio is one of the most influential market research and advisory firms in the world. We work with business and technology leaders to provide cutting-edge market research and insights to companies. 

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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