Commercial Frozen Beverage Machines Market Size, Share | 2031

Report Description

Commercial Frozen Beverage Machines Market Outlook

The Global Commercial Frozen Beverage Machines Market was estimated at USD 4,137.2 Million in 2022 and is anticipated to reach USD 6,862.7 Million by 2031, expanding at a CAGR of 6.0% during the forecast period.

Frozen drinks are non-alcoholic or alcoholic beverages that have been chilled below their freezing point. Frozen beverages have remained a steady and growing source of profitability, while the machines that dispense them have evolved to be efficient. These machines require low hands-on maintenance to keep them running. A commercial frozen beverage machine turns liquid mixtures into frozen beverages.  

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Macro-economic Factors

GDP

The commercial frozen beverages market is closely tied to consumer spending. Consumers with high disposable income spend increasingly on non-essential items such as frozen beverages during periods of economic growth and rising GDP. Conversely, during economic downturns with low GDP growth, consumers reduce their discretionary spending, which impacts the demand for frozen beverages.

Economic Recovery Post COVID-19

Tourist destinations heavily rely on the commercial frozen beverages market, such as beachside resorts and amusement parks. Bars witnessed a rapid rebound, as travelers sought refreshing treats to complement their leisure activities. Additionally, businesses within the market adapted to the new consumer preferences by introducing healthy and customizable options, aligning with the growing emphasis on wellness post-pandemic.

Commercial Frozen Beverage Machines Market Dynamics

Market Driver- Increasing Demand for Frozen Beverages in Fast Food Restaurants

Beverage dispensers prove to be cost-effective, allowing for the preparation of large quantities of drinks in advance, minimizing the need for constant refilling, and reducing spills & messes. Ice cream consumers are becoming attracted to flavored frozen yogurt, as it contains probiotics that help with digestion, appearance, and weight loss, this is expected to drive the market growth in the coming years.

Market Driver- Emergence of Multi-Flavor Dispensers

These dispensers are commonly used in various settings such as restaurants, cafes, convenience stores, and self-serve stations. They offer convenience and efficiency by allowing customers to choose from a variety of flavors without the need for separate containers or dispensers for each flavor.

For example, a multi-flavor dispenser is used to offer different types of soft drinks, juices, or flavored waters from a single machine. Customers select their desired flavor using the machine interface, and the dispenser delivers the chosen beverage into a cup or container, which is expected to drive the market in the coming years.

Market Restraint- Growing Demand for Second-hand Commercial Beverage Blenders

New commercial beverage blenders are expensive, especially those with advanced features and capabilities. Second-hand blenders are often affordable, making them an attractive option for businesses looking to save on their initial investment. Many businesses, especially small ones or startups, have limited budgets for equipment.

Opting for second-hand blenders allows them to acquire the necessary machinery without stretching their finances. New businesses entering the market prefer to begin with second-hand blenders to test their concepts and gauge customer demand before committing to significant equipment purchases.

Market Opportunity- Increasing Technological Advancements

Wireless power transfer provides a convenient solution to charge devices remotely and without contact. Research and development have advanced the capabilities, variety, and maturity of solutions in recent years.

Various technologies are proposed to provide wireless power to frozen beverage machines. The main challenge resides in the efficiency and range of the transfer of power to the machines. Many companies are focusing on highlighting innovation in beamforming and UV-assisted approaches.

Scope of Commercial Frozen Beverage Machines Market Report  

The report on the Global Commercial Frozen Beverage Machines Market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.

Commercial Frozen Beverage Machines Market Segmental Outlook

Based on Product, the Commercial Frozen Beverage Machines market is bifurcated into commercial frozen beverage blenders & machines and frozen beverage dispensers.

Commercial frozen beverage blenders and machines have a significant impact on the global market, primarily driven by consumer demand for convenience, novelty, and diverse menu options in the hospitality industry. Adapting to changing consumer preferences and keeping up with sustainability concerns is crucial for continued growth in this dynamic market.

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Based on tank type (Frozen Beverage Dispenser), the global commercial frozen beverages machine market is segmented into one tank, two tanks, and others. The others tank type segment is projected to expand at a significant CAGR during the forecast period, as the rising popularity of frozen carbonated beverages and frozen cocktails in the market.

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Based on material, the global commercial frozen beverages machine market is segmented into stainless steel, glass & acrylic, and plastic. Stainless steel is a durable and corrosion-resistant material that is often used for the manufacturing of blades, cylinders, spouts, and finished frozen beverage machines.  Technological innovations and product development in frozen beverage machines are boosting the commercial frozen beverage machine market.

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Based on application, the Commercial Frozen Beverage Machines market is segregated into restaurants, bars & pubs, bakeries, Cafés, ice cream shops, catering companies, hotels & resort, convenience stores, Theatres and others.

The restaurants segment is expected to hold a significant share of the market, as innovative and diverse beverages have reshaped the dining experience. Craft cocktails, artisanal mocktails, and house-made infused waters have become staples in menus, appealing to customers seeking unique flavors and experiences.

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Based on sales channels, the global commercial frozen beverages machine market is segmented into online and offline. The offline segment is projected to expand at a significant CAGR during the forecast period.

The offline segment is expected to register significant growth in the coming years, owing to the benefits of offline channels, such as quick product return without delay, availability of a variety of products, and personalized recommendations from authorized distributors.

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Regional Outlook

The market is divided into five regions, namely, North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America is expected to hold a significant share of the market during the forecast period, owing to the rising demand for Commercial Frozen Beverage Machines in restaurants.

The market in Europe is projected to expand at a CAGR during the forecast period, owing to the Dispenser designs blending well with store interiors and having attractive branding is expected to drive the market.

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Key Benefits for Industry Participants & Stakeholders

• In-depth Analysis of the Global Commercial Frozen Beverage Machines Market

• Historical, Current, and Projected Market Size in terms of Value

• Potential and niche Segments and Regions Exhibiting Promising Growth Covered

• Industry Drivers, Restraints, and Opportunities Covered in the Study

• Recent Industry Trends and Developments

• Competitive Landscape & Strategies of Key Players

• Neutral Perspective on Global Commercial Frozen Beverage Machines Market Performance