MarketResearchNest.com adds “Global Ice Cream Machine Market Growth 2019-2024”new report to its research database.
An ice cream machine is a machine used to make quantities of ice cream for consumption. Ice cream machine may prepare the mixture by employing the hand-cranking method or by employing an electric motor. The resulting preparation is often chilled through either pre-cooling the machine or by employing a machine that freezes the mixture.
An ice cream machine has to simultaneously freeze the mixture while churning it so as to aerate the mixture and avoid ice crystals. As a result, most ice creams are ready to consume immediately. However, those containing alcohol must often be chilled further to attain a firm consistency. Some machines, such as certain lower-priced countertop models, do require that the resulting mixture be frozen for additional time after churning is complete.
The worldwide ice cream machine market is well diversified across APAC, Europe and North America. Asia-Pacific has the highest sale market share and dominates the Ice Cream Machines market with revenue of 35.12% in 2017. Europe is the next big market following Asia-Pacific. The growth of Ice Cream Machine business is expected to grow at a moderate pace. Europe’s share in the market is declined during 2013 to 2018 from 26.42% to 25.06%.
The ice cream machine industry is characterized by several large international suppliers and many smaller suppliers. In the soft ice cream machine segment, the top three largest operators account for about 74 % of global revenue in 2017. Key market players include Taylor, Carpigiani, Nissei and Electro Freeze. Taylor maintain its first place, accounting for 55.51% revenue market share in 2017. While in the hard ice cream machine segment, CARPIGIANI dominate the market with 66.12 % revenue market share. Other key players include Bravo, Frigomat, DONPER and TAYLOR.
The market is not only influenced by the price, but also influenced by the product performance. The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market.
Looking to the future years, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.
Despite the presence of competition problems, due to the global recovery trend is slightly, investor are still optimistic about this area; the future will still have more new investment enter the field.
According to this study, over the next five years the Ice Cream Machine market will register a 3.6% CAGR in terms of revenue, the global market size will reach US$ 1030 million by 2024, from US$ 830 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Ice Cream Machine business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Ice Cream Machine market by product type, application, key manufacturers and key regions and countries.
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This study considers the Ice Cream Machine value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
- Soft Ice Cream Machine
- Hard Ice Cream Machine
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
- Catering Industry
- Entertainment Venue
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This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas, United States, Canada, Mexico, Brazil, APAC,China, Japan, Korea, Southeast Asia, India, Australia, Europe, Germany, France, UK, Italy, Russia, Spain, Middle East and Africa, Egypt, South Africa,Israel, Turkey, GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
- Tetra Pak
- Gram Equipment
- Electro Freeze
- Big Drum Engineering GmbH
- Gel Matic
- Ice Group
- Catta 27
- Shanghai Lisong
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In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
- To study and analyze the global Ice Cream Machine consumption (value and volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
- To understand the structure of Ice Cream Machine market by identifying its various subsegments.
- Focuses on the key global Ice Cream Machine manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Ice Cream Machine with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption of Ice Cream Machine submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
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Mr. Jeet Jain