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Commercial Ice Maker Machine Market to increase by USD 1.63 billion during 2022-2027, Rise in demand for commercial ice maker machines from various industries to drive the growth - Technavio

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NEW YORK , Sept. 25, 2023 /PRNewswire/ -- The commercial ice maker machine market size is expected to grow by USD 1.63 billion between 2022 and 2027. However, the growth momentum of the market will progress at a CAGR of 7.04% during the forecast period. The market is segmented by end-user (foodservices, retail, healthcare, and others), product type (cube ice maker, flake ice maker, and nugget ice maker), and geography (North America , Europe , APAC, South America , and Middle East and Africa ). The rise in demand for commercial ice maker machines from various industries drives the growth of the commercial ice maker machine market. The growing demand is a result of the boom in the food and beverage industry. Restaurants, bars, and catering companies rely heavily on ice for their day-to-day operations, whereas the hospitality industry is also a main driver for the raised demand for commercial ice-making machines. Hence, such factors drive the growth of the commercial ice maker machine market during the forecast period. The report analyses the market size and growth and provides accurate predictions on the growth of the market. View a FREE PDF Sample  Ice Maker Machine Industrial

Commercial Ice Maker Machine Market to increase by USD 1.63 billion during 2022-2027, Rise in demand for commercial ice maker machines from various industries to drive the growth - Technavio

The report also covers information on upcoming trends and challenges. Explore detailed information by purchasing the report

The foodservices segment is significant during the forecast period. Ice makers provide a continuous supply of ice for a variety of purposes including chilling drinks, preserving fresh produce, and creating attractive food displays, which makes it an integral part of the food service industry. Thus, the industry relies heavily on ice maker machines to meet customer demands and keep business running smoothly. Furthermore, hospitals and medical facilities require ice maker machines to store and transport pharmaceuticals, blood, and tissue samples. Hence, such factors drive the growth of the foodservices segment of the commercial ice maker machine market during the forecast period. Get a glance at the market contribution of the segments, Request a FREE Sample

The Global Ice Cream Processing Equipment Market size is estimated to grow by USD 1,949.64 million at a CAGR of 3.79% between 2022 and 2027. This report extensively covers market segmentation by Product (soft ice cream and hard ice cream), Type (homogenizers and mixing equipment, filling equipment, extrusion and molding equipment, freezers, and others), and Geography(North America , Europe , APAC, South America , and Middle East and Africa ). The growth of the ice cream industry is being propelled by the increasing number of ice cream parlors.

The reusable icepacks market size is expected to reach an estimated USD 8.77 billion by 2026 at an accelerating CAGR of 8.06%. This reusable icepacks market research report extensively covers reusable icepacks market segmentation by product, application, and geography. The increasing demand for packaged food and beverages is notably driving the reusable ice pack market growth.

Market Segmentation by Product Type

Drivers, Challenges, & Trends

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: [email protected] Website: www.technavio.com 

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Commercial Ice Maker Machine Market to increase by USD 1.63 billion during 2022-2027, Rise in demand for commercial ice maker machines from various industries to drive the growth - Technavio

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