The global ice maker market is anticipated to grow at a significant CAGR of around 5.7% during the forecast period. The rapid growth in food and beverages and healthcare industry globally is the major factor likely to drive the market growth. The growing healthcare industry is increasing in demand and adoption of ice makers for healing and treatment applications. The ice machines are used to produce hazard-free and fresh ice to store organs for a long period also there is an increase in the use of ice in cold compression therapy, tissue, and organ transplantation are the factors driving the ice maker market. Additionally, to reduce water consumption and electricity in the healthcare industry there will be an increase in the need of energy-efficient ice machines. For instance, In April 2020, Hoshizaki has equipped orders for essential sites including hospitals so that patients stay hydrated and healthy. Hospitals heavily depend on ice for patient care that includes, ice or machines are used to reduce swelling, keep patients hydrated, store perishables, and for organ cooling and transportation. However, with the rise in demand of ice makers there is also an increase in the price of ice machines that would hamper the market growth.
Get Free Sample link @ https://www.omrglobal.com/request-sample/ice-maker-market
COVID-19 has impacted the icemaker market, among the end-users segment of icemaker such as food service, retail, healthcare industry, residential and among others have faced decline due to restriction, de-globalization, restriction on import and export of products all these factors impacted market growth. Meat producers faced various challenges in processing, and distribution facilities due to unavalbility of industrial ice makers and travel restrictions. Moreover, there was a fall in hospitality and restaurant industrythat resulted in a reduction in demand for processed food items.
full report of Ice Maker Market available @ https://www.omrglobal.com/industry-reports/ice-maker-market
- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Global Ice Maker Market Report by Segment
By Product Type
- Ice Cube Maker
- Ice Flake Maker
- Ice Nugget Maker
- Others
By End-User
- Foodservice
- Retail
- Healthcare
- Residential
- Others
Global Ice Maker Market Report by Region
North America
- US
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2020 and forecast to 2027.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global ice maker market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/ice-maker-market
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
