The shift in the refrigerants will impact the Asia Pacific Commercial Refrigerator Market
Published: Nov 2020
The Asia-Pacific commercial refrigerator market is anticipated to grow with a considerable CAGR of 6.5% during the forecast period (2020-2026). Growing urbanization coupled with the expansion of the foodservice industry is the major factor fueling the growth of the market across the region.
Growing Restaurant Industry to Drive the US Restaurant POS Terminals Market
Published: Nov 2020
The US restaurant point-of-sale (POS) terminals market is estimated to grow at a CAGR of 6.9% during the forecast period. The growing restaurant industry is the major factor driving the adoption of POS terminals in the country. National Restaurant Association anticipates $899 billion in sales of the US restaurant industry in 2020.
Expansion of Food Retail Outlets to Drive North American Point-of-Sale (POS) Terminals Market
Published: Nov 2020
North American restaurant point-of-sale (POS) terminals market is estimated to grow at a CAGR of 6.8% during the forecast period. Expansion of fast-food retail outlets such as McDonald’s, Subway, Burger King, and Pizza Hut is primarily driving the demand for food retail outlets in the region.
Rising Demand for Cloud-based Restaurant Point-of-Sale (POS) Terminals is Driving Indian Restaurant POS Terminals Market
Published: Nov 2020
Indian restaurant point-of-sale (POS) terminals market is estimated to grow at a CAGR of 9.5% during the forecast period. Emerging demand for cloud-based POS across Indian restaurants is one of the key factors leveraging market growth. Restaurants with operations in India demands a cloud POS, that is easy to use and allows restaurant owners to manage their business smartly.
Expansion of Restaurant Chains is Accelerating Europe POS Terminals Market
Published: Nov 2020
European restaurant point-of-sale (POS) terminals market is estimated to grow at a CAGR of 7.1% during the forecast period. Expansion of restaurant chains is the major factors boosting the market growth. in April 2020, McDonald's Corp. declared its plans to expand in Russia's far east in December 2020.
Expansion of Fast-Food Retail Chains is Reflecting Positively on Asia-Pacific Restaurant POS Terminals Market
Published: Nov 2020
Asia-Pacific restaurant point-of-sale (POS) terminals market is estimated to grow at a CAGR of 9.3% during the forecast period. The expansion of fast-food retail chains is significantly accelerating market growth. Increasing fast-food consumption has resulted in driving the expansion of fast-food retail chains to potentially serve customers' needs. There are more than 1,250 Domino’s stores present in all over India, which is further expected to increase in the near future.
Emerging Demand for Sugar-Free Confectionery to Reflect Positively on the US Snacks Confectionery Market
Published: Nov 2020
The US snacks confectionery market is estimated to grow at a CAGR of 2.8% during the forecast period. Increasing demand for sugar-free confectionery is the major factor accelerating market growth. The rising shift towards a healthier diet, increasing obese population, and a significant prevalence of diabetes is driving the adoption of sugar-free confectionery in the country.
Rising Prevalence of Diabetes to Provide Opportunity for North American Sugar Confectionery Market
Published: Nov 2020
North American sugar confectionery market is estimated to grow at a CAGR of 2.9% during the forecast period. The rising prevalence of diabetes is expected to drive the demand for sugar-free confectionery products. As per the American Diabetes Association (ADA), in 2018, 10.5% of the population, or 34.2 million Americans had diabetes. In 2018, approximately 1.6 million Americans had type 1 diabetes, which includes nearly 187,000 children and adolescents.
Online Distribution Channel to Offer Growth Opportunity for Indian Sugar Confectionery Market
Published: Nov 2020
Indian sugar confectionery market is estimated to grow at a CAGR of 4.6% during the forecast period. The rapid shift towards online shopping owing to the busy lifestyle and convenience is motivating the manufacturers of confectionery products to widen their online presence. Therefore, the market players are actively looking for a major space in the online market.
Rising Demand for Snack Bars to Reflect Positively on European Sugar Confectionery Market
Published: Nov 2020
European sugar confectionery market is estimated to grow at a CAGR of 3.2% during the forecast period. Emerging demand for snack bars is the major factor in accelerating market growth. The demand for snack bars has significantly increased among European millennials as these bars are packed with natural sources of protein obtained from nuts and fruits.