Ice Cream Machine Market Growth Analysis

Ice Cream Machine Market Growth Analysis

Ice Cream Machine Market Growth Analysis
Report code - SR1985 Delivery - 2 Weeks
Ice Cream Machine Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Op See more...

Market Insights

The ice cream machine market is estimated to grow at a healthy CAGR of more than 3% during the forecast period to reach a value of US$ 11 Bn in 2027.

Ice Cream Machine Market Snapshot

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What is an ice cream machine?

An ice cream machine is a piece of dairy processing equipment used to make high-quality ice cream for customers. The machine aids in the preparation of ice cream mixture in two ways.

The hand-cranking method and the electric motor method are two options. The finished product is then chilled by either pre-cooling the machine or freezing the mixture. The machine churns the mixture to freeze it and aerates it to prevent ice crystals. Even after churning is complete, the resulting mixture is even more frozen in some lower-priced countertop machines.

Ice Cream Machine Market Report Overview

Market Size in 2027

USD 11 Brillion

Market Growth (2022-2027)

CAGR of >3%

Base Year of Study

2021

Trend Period

2016-2019

Forecast Period

2022-2027

 

Manufacturers are expanding their R&D capabilities in order to diversify their product offerings. They are also focusing on improving product quality through the introduction of new designs. Furthermore, due to the presence of a large number of manufacturers catering to various markets, manufacturers in the ice cream machines market are expected to face intense competition.

Key Players

The following are some of the key players in the ice cream machine market:

  • Ali Group S.r.l.
  • Alpine UK
  • Big Drum Engineering GmbH
  • CATTA 27 S.r.l.
  • Donper USA
  • Electro Freeze
  • Gram Equipment A/S
  • Ice Group
  • Shanghai and Lisong
  • Teknoice Company

Market Dynamics

The ice cream machine market is driven by a host of factors, some of which are noted below:

  • Increasing demand for entertainment, innovations, and an increase in population and spending power are driving the demand for ice creams, as consumers prefer ice cream while watching entertainment.
  • Players in the ice cream machines market offer a diverse portfolio of higher-performing products and sales support. This is expected to help them capture a significant share of the product's high-end market during the forecast period.

Segment Analysis

Product Trends

The market is bifurcated into soft ice cream machine and hard ice cream machine. The soft ice cream machine segment accounted for a significant share of the market in 2021, & is expected to maintain its dominance during the forecast period

The growth of the segment is due to features such as a spout for mixing nuts and cookies into the ice cream. A soft ice cream machine also has control buttons that can assist in selecting the type of ice cream.

Ice Cream Machine Market Segmentation

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Application Trends

The market is segmented as catering industry, entertainment venue, shop, plant, and others. Among these application types, the catering industry is likely to maintain its dominance in the market over the forecast period

The catering industry application accounts for the largest share of the market, owing to the increasing demand for ice creams in the industry. Also, the availability of various flavours and tastes is one of the factors that contribute to the dominance of catering applications in the market.

Regional Analysis

The Asia-Pacific market is expected to grow at a significant rate in terms of revenue over the forecast period, owing to the high demand for ice creams and growing awareness about the benefits of ice cream machine products in the emerging economies such as India and China. 

Regional Analysis

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The Asia-Pacific region is estimated to command the market in the coming years, driven by investments in ice cream processing equipment by major players in the region.

Segmentation

The market is segmented into the following categories:

By Product Type

  • Soft Ice Cream Machine
  • Hard Ice Cream Machine

By Sale Type

  • Impulse Ice Cream
  • Take-home Ice Cream
  • Artisanal Ice Cream

By Application Type

  • Catering Industry
  • Entertainment Venue
  • Shop
  • Plant

By Region

  • North America (Country Analysis: The USA, Canada, and Mexico)
  • Europe (Country Analysis: Germany, France, The UK, Russia, Italy, and Rest of Europe)
  • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
  • Rest of the World (Country Analysis: Brazil, Argentina, and Others)

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market.
What Deliverables Will You Get in this Report?

Key questions this report answers

Relevant contents in the report

 

How big is the sales opportunity?

In-depth Analysis of the ice cream machine market

How lucrative is the future?

The market forecast and trend data and emerging trends

Which regions offer the best sales opportunities?

Global, regional, and country-level historical data and forecasts

Which are the most attractive market segments?

Market segment analysis and Forecast

Which are the top players and their market positioning?

Competitive landscape analysis, Market share analysis

How complex is the business environment?

Porter’s five forces analysis, PEST analysis, Life cycle analysis

What are the factors affecting the market?

Drivers & challenges

Will I get the information on my specific requirement?

10% free customization

Research Methodology

This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s market realities and future market possibilities for the forecast period of 2022 to 2027.

The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market.

The vital data/information provided in the report can play a crucial role for the market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate the growth strategies to expedite their growth process.

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. 

More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. 

We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

Customization Options

Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

  • Detailed profiling of additional market players (up to three players)
  • SWOT analysis of key players (up to three players)

Competitive Benchmarking

  • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview research offers custom research services across the sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to [email protected]

Frequently Asked Questions (FAQs)

An ice cream machine is a piece of dairy processing equipment used to make high-quality ice cream for customers. The machine aids in the preparation of ice cream mixture in two ways. The hand-cranking method and the electric motor method are two options. The finished product is then chilled by either pre-cooling the machine or freezing the mixture. The machine churns the mixture to freeze it and aerates it to prevent ice crystals. Even after churning is complete, the resulting mixture is even more frozen in some lower-priced countertop machines.

The market is estimated to reach a value of US$ 11 Bn in 2027.

The market is estimated to grow at a healthy CAGR of more than 3% over the next five years.

Ali Group S.r.l., Alpine UK, Big Drum Engineering GmbH, CATTA 27 S.r.l., Donper USA, Electro Freeze, Gram Equipment A/S, Ice Group, Shanghai and Lisong, and Teknoice Company are some of the key players in the market.

Asia-Pacific is estimated to be dominant in the market in the coming years. Investments in ice cream processing equipment by major players have increased the demand for ice cream machines in the region.

The Asia-Pacific market is anticipated to grow at a significant rate, in terms of, revenue over the forecast period. The growth is attributed to the high demand for ice creams and growing awareness about the benefits of ice cream machine products in the emerging economies such as India and China.

The catering industry application is likely to maintain its dominance in the market in the next five years. The catering industry application accounts for the largest share of the market, owing to the increasing demand for ice creams in the industry.