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Fountain Machine Market By Product Type (Drop-In Fountain Machine, Tower Fountain Machine), By Application (Restaurant, Cinema and Others) – Growth, Future Prospects and Competitive Analysis, 2019 - 2027

Penetration of Carbonated Beverages to give Boost to the Fountain Machines Market

The fountain machine worldwide is expected to grow with a CAGR of 2.9% during the forecast period from 2019 to 2027, starting from US$ 1.80 Bn in 2018. The fountain machine market is growing steadily owing to increased penetration of carbonated drinks worldwide. The adoption of carbonated drinks by youngsters as well as millennials worldwide is the other growth factor for the fountain machine market. In addition, the application of these machines at restaurants, malls, and other stores is increasing, which helped the fountain machine market grow. Thus, we are expecting steady growth in the fountain machine market during the forecast period. 

Market Synopsis

Restaurants segment to Continue Leading the Market

The fountain machine by application was led by the restaurant segment in 2018. The segment has nearly 1/2 of the revenue share in the same year. Penetration of fast food worldwide is the major growth factor for this segment. Nowadays, people like eating junk food instead of home food, owing to which the demand for fountain machine in restaurants have increased. As a consequence, we expect that the restaurant segment will continue its dominance during the forecast period from 2019-2027.

The Asia Pacific to be the Fastest Growing Region

The fountain machine market was led by the North American region and accounted for nearly 30% of the market share in 2018. Rapid technological advancement is the major factor for its dominance in the fountain machine market. The Asia Pacific will be the fastest growing fountain machine segment due to major developing economies such as China and India. In addition, the rapid increase in urbanization in the aforementioned countries is the other major factor in the growth of the region. Therefore, we expect the Asia Pacific region to be the fastest growing region in the fountain machine market throughout the forecast period from 2019-2027.

Some prominent players operating in the fountain machine market are Cornelius, Himalay Soda Fountain, Lancer, and Manitowoc Ice, Inc., among others.

Historical & Forecast Period

This research report presents the analysis of each segment from 2017 to 2027, considering 2018 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segment calculated for the forecast period from 2019 to 2027. 

Report Scope by Segments

The fountain machine report provides market size and estimates based on market dynamics and key trends observed in the industry. In addition, the report provides a holistic view of global fountain machines based on product type, application, and geography. Key segments covered in the report are as follows: 

  

Segmentation  Product Type Segment (2017–2027; US$ Bn)

  • Drop-In Fountain Machine
  • Tower Fountain Machine 

Application Segment (2017–2027; US$ Bn)

  • Restaurants
  • Cinemas
  • Others (Convenience Stores, Cafeteria, etc.)

Geography Segment (2017–2027; US$ Bn)

  • North America (U.S. and Rest of North America)
  • Europe (U.K., Germany, France, and Rest of Europe)
  • Asia Pacific (Japan, China, India, and Rest of Asia Pacific)
  • Rest of World (Middle East & Africa (MEA), Latin America)   

Unique data points of this report

  • Statistics on the carbonated drinks industry worldwide
  • Recent trends across different regions in terms of adoption of fountain machines across various applications
  • Notable developments are going on in fountain machine
  • Attractive investment proposition for segments as well as geography
  • Comparative scenario for all the segments for years 2018 (actual) and 2027 (forecast)

Frequently asked questions :

The market for Fountain Machine Market is expected to reach US$ XX Bn in 2027.

The Fountain Machine Market is expected to see significant CAGR growth over the coming years, at 2.9%.

The report is forecasted from 2019-2027.

The base year of this report is 2018.

Cornelius, Himalay Soda Fountain, Lancer, Manitowoc Ice, Inc. are some of the major players in the global market.

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Trusted By
Godaddy
Published Date:  Oct 2019
Category:  Consumer Goods
Report ID:   59959
Report Format:   PDF
Pages:   120
Rating:    4.2 (56)
Delivery Time: 24 Hours to 48 Hours   
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