Commercial Soft-Serve Machines Market will Witness 33% of Growth from APAC due to Increasing Demand for Commercial Soft-serve Machines in China and Saudi Arabia | Technavio

30-Oct-2020 Intellasia | BusinessWire | 1:30 PM Print This Post

LONDON--(BUSINESS WIRE)--#CommercialSoftServeMachinesMarket--Technavio has been monitoring the commercial soft-serve machines market, operating under the industrial sector. The latest report on commercial soft-serve machines market, 2020-2024 estimates it to register an incremental growth of $ 142.64 mn, at a CAGR of almost 4% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.



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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Competitors have to focus on differentiating their product offerings with unique value propositions to strengthen their foothold in the market. Market vendors also have to leverage on the existing growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Ali Group Srl, BRAVO Spa, Gram Equipment AS, Huangshi Dongbei Refrigeration Co. Ltd., SANISERV, Shenzhen Oceanpower Food Equipment Tech Co. Ltd., Spaceman Ice Systems Co. Ltd., Stoelting Foodservice Equipment, Taylor Co., and Tetra Laval International SA are among some of the major market participants.

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Growing inclination toward frozen yogurts has been instrumental in driving the growth of the market. However, the growing market for pre-used commercial soft-serve machines might hamper market growth.

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Commercial Soft-Serve Machines Market 2020-2024: Segmentation

Commercial Soft-Serve Machines Market is segmented as below:

Based on geographic segmentation, over 33% of the market’s growth originated from APAC during the forecast period. In addition, floor standing segment led the growth under the type segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the commercial soft-serve machines market size.

  • Type
    • Floor Standing
    • Countertop
  • Geographic Landscape
    • North America
    • APAC
    • Europe
    • MEA
    • South America

Commercial Soft-Serve Machines Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The commercial soft-serve machines market report covers the following areas:

  • Commercial Soft-Serve Machines Market Size
  • Commercial Soft-Serve Machines Market Trends
  • Commercial Soft-Serve Machines Market Industry Analysis

This study identifies the Availability of commercial soft-serve machines with improved features as one of the prime reasons driving the Commercial Soft-Serve Machines Market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Commercial Soft-Serve Machines Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist commercial soft-serve machines market growth during the next five years
  • Estimation of the commercial soft-serve machines market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the commercial soft-serve machines market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of commercial soft-serve machines market, vendors

Table of Contents:

Executive Summary

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Type

  • Market segments
  • Comparison by Type
  • Floor standing - Market size and forecast 2019-2024
  • Countertop - Market size and forecast 2019-2024
  • Market opportunity by Type

Customer landscape

  • Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2019-2024
  • APAC - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Ali Group Srl
  • BRAVO Spa
  • Gram Equipment AS
  • Huangshi Dongbei Refrigeration Co. Ltd.
  • SANISERV
  • Shenzhen Oceanpower Food Equipment Tech Co. Ltd.
  • Spaceman Ice Systems Co. Ltd.
  • Stoelting Foodservice Equipment
  • Tetra Laval International SA
  • The Middleby Corp.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides 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.


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