MAFSI forecasts healthy growth in North American foodservice for ‘15

ATLANTA – The Manufacturers’ Agents Association for the Foodservice Industry (MAFSI) forecasts healthy growth in 2015 of 4,1% over 2014 for all regions of North America and all product segments recent including the addition of new equipment sub-categories (primary cooking equipment, refrigeration and ice machines, storage and handling equipment, food preparation equipment, serving equipment, warewashing and sanitation equipment.
In terms of regions, the Northeast is expected to see sales rise 4.1%, the Midwest, 4.6%, the South 4%, the West, 4.8% and Canada, 3.4%.
By major product category for North America, reps forecast Equipment at +4.1%, Supplies at +4.7%, Tabletop at +4.3%, and Furnishings at +3.1%.
By equipment sub-categories, reps forecast Primary Cooking Equipment at +4.2%, Refrigeration & Ice Machines at +4.8%, Storage & Handling Equipment at +4.0%, Food Preparation Equipment at +4.3%, Serving Equipment at +4.0%, Warewashing & Sanitation Equipment at +3.9% and Ventilation at +3.9% for 2015 over 2014.
2015, the trade group believes, will be a year of continued growth with lower gas prices at the pump forecast to represent a savings of $500 per family, dollars, which could represent more trips to restaurants. Unemployment levels have dropped to pre-recession levels and auto sales, the housing market and consumer confidence are rising.
The complete 16-page report is for MAFSI members only and includes regional figures for all product categories and sub-categories and variances, foodservice consultant quoting activity, market segment growth, sales staff growth, along with end-user and dealer forecasts as well as reporting on historical category price changes. To obtain the full 2015 MAFSI Commercial Foodservice Market Forecast, please call 888-254-0033, email info@mafsi.org, or visit http://www.mafsi.org

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