Global Commercial Food Scales Market Research Report 2017 to 2021 provides a unique tool for evaluating the market, highlighting opportunities, and supporting strategic and tactical decision-making. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date marketing information is essential to monitor performance and make critical decisions for growth and profitability. It provides information on trends and developments, and focuses on markets and materials, capacities and technologies, and on the changing structure of the Commercial Food Scales Market.
Companies Mentioned are Cardinal Scale Manufacturing Company, Edlund, Hobart, and Torrey.
The global Commercial Food Scales market consists of different international, regional, and local vendors. The market competition is foreseen to grow higher with the rise in technological innovation and M&A activities in the future. Moreover, many local and regional vendors are offering specific application products for varied end-users. The new vendor entrants in the market are finding it hard to compete with the international vendors based on quality, reliability, and innovations in technology.
Major points covered in Global Commercial Food Scales Market 2017 Research are:-
- What will the market size and the growth rate be in 2021?
- What are the key factors driving the global Commercial Food Scales market?
- What are the key market trends impacting the growth of the global Commercial Food Scales market?
- What are the challenges to market growth?
- Who are the key vendors in the global Commercial Food Scales market?
- What are the market opportunities and threats faced by the vendors in the global Commercial Food Scales market?
- Trending factors influencing the market shares of the Americas, APAC, and EMEA.
- What are the key outcomes of the five forces analysis of the global Commercial Food Scales market?
This independent 70 page report guarantees you will remain better informed than your competition. With over 150 tables and figures examining the Commercial Food Scales market, the report gives you a visual, one-stop breakdown of the leading products, submarkets and market leader’s market revenue forecasts as well as analysis to 2021.
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Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), and market share and growth rate of Commercial Food Scales in these regions, from 2012 to 2021 (forecast), covering Americas, APAC and EMEA.
The report provides a basic overview of the Commercial Food Scales industry including definitions, classifications, applications and industry chain structure. And development policies and plans are discussed as well as manufacturing processes and cost structures.
Then, the report focuses on global major leading industry players with information such as company profiles, product picture and specifications, sales, market share and contact information. What’s more, the Commercial Food Scales industry development trends and marketing channels are analyzed.
Commenting on the report, an analyst from MIR’s team said: “One trend in the market is influx of commercial food scales with improved features. Manufacturers of commercial food scales are coming up with new and advanced technologies and features that can significantly enhance the operational efficiency. End-users such as retail establishments look to procure commercial food scales that can process information quickly and save customers’ time.”
According to the report, one driver in the market is increasing end-user focus on portion size to ensure healthy profit margins. Foodservice establishments around the world largely focus on the portion size. The portion size for each meal is directly proportional to the profit margin of foodservice establishments. For instance, if the food cost represents around 35% of the selling price, and if the portion size is round 15% more than it should be, the operating margin for the establishment may reduce by more than 5%.
Further, the report states that one challenge in the market is increasing raw material prices. Stainless steel is one of the key raw materials used for manufacturing commercial grade food scales by manufacturers. The end-users prefer to procure commercial food scales that are durable and can withstand heavy-duty usage at foodservice establishments and retail outlets such as supermarkets and hypermarkets. As steel is a commodity, its price fluctuates frequently. This affects both manufacturers as well as end-users.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
The research includes historic data from 2012 to 2016 and forecasts until 2021 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs. The report will make detailed analysis mainly on above questions and in-depth research on the development environment, market size, development trend, operation situation and future development trend of Commercial Food Scales on the basis of stating current situation of the industry in 2017 so as to make comprehensive organization and judgment on the competition situation and development trend of Commercial Food Scales Market and assist manufacturers and investment organization to better grasp the development course of Commercial Food Scales Market.
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