The global Ice Machine market is valued at 990 million US$ in 2018 is expected to reach 1250 million US$ by the end of 2025, growing at a CAGR of 3.4% during 2019-2025.
Los Angeles, CA -- (SBWIRE) -- 06/27/2019 -- 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.
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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 33.55% in 2016. 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 2012 to 2017 from 28.89% to 28.34%.
The ice cream machine industry is characterized by several large international suppliers and many smaller suppliers. The top three largest operators account for about 55.79% of global volume in 2016. Key market players include TAYLOR, Tetra Pak, Gram Equipment, Electro Freeze, CARPIGIANI, Tekno-Ice.
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.
This report focuses on Ice Machine volume and value at global level, regional level and company level. From a global perspective, this report represents overall Ice Machine market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
This report includes the following manufacturers; we can also add the other companies as you want.
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