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Food thermometer industry seem to be consolidated in nature due to presence of local and global players across the globe. In 2023, the market players such Fluke Corporation, ThermoWorks, B+B Thermo-Technik GmbH, Hanna Equipments, TECPEL CO., LTD., TROTEC GmbH, CHINO Corporation, Salter collectively held around 20%-25% market share. These prominent players are proactively involved in strategic endeavors, such as mergers & acquisitions, facility expansions & collaborations, to expand their product portfolios, extend their reach to a broader customer base, and strengthen their market position.
Major players operating in the food thermometer industry are: