The latest market report published by Credence Research, Inc. is “Global Ice-Cream Processing Equipment Market: Growth, Future Prospects, and Competitive Analysis, 2018 – 2030”. The Global Ice-Cream Processing Equipment Market generated revenue of around USD 8469.5 million in 2022 and is projected to grow a CAGR of over 4.9% during the forecast period from 2023 to 2030 to reach around USD 11838.2 million in 2030.
Ice cream processing equipment is a machine that creates ice cream for consumption. This equipment is simple to use, sanitary, energy efficient, and long-lasting. Ice cream-making equipment is becoming increasingly popular as the food and beverage sector shifts towards more handcrafted products. Ice cream cone machines can be used for more than just creating ice cream cones. It can also prepare sorbets, yogurts, and other frozen foods, expanding its market reach. Consumers prefer ice cream while watching entertainment; hence, the expanding demand for entertainment, innovations, and the population’s buying ability is increasing ice cream consumption. Ice-cream processing equipment manufacturers provide a wide range of high-performance products and sales support. This is expected to assist them in acquiring a sizable piece of the product’s high-end market throughout the predicted period. Manufacturers are upgrading their R&D capabilities to broaden their product offerings. They are also focused on improving the quality of their products by introducing new designs, which will allow the ice-cream processing equipment market to grow throughout the forecast period. However, the installation cost of ice cream-producing equipment significantly impedes its growth. The expense of repairing and replacing parts on these ice cream processing machines is prohibitive to the growth of the global market. Furthermore, expertise in creating flavors with added nutrients and customization options is expected to drive market expansion during the forecast period.
The global ice-cream processing equipment market is bifurcated into Equipment Type, Product Type, Operation, and Geography. The market is categorized into mixing equipment, continuous freezers, filling freezers, homogenizers extrusion equipment, and molding equipment based on equipment type. Based on product type, the global market is segmented into soft ice cream processing equipment and hard ice cream processing equipment. Based on operation, the market is divided into automatic and semi-automatic. The market is segmented based on geography: North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
North America dominated the global ice-cream processing equipment market in 2022 due to the increased consumption of ice cream in the region. The growing use of automation and innovative technology in ice cream making is fueling regional demand for modern processing equipment. Moreover, the growing trend of unique and customized ice cream flavors drives manufacturers to invest in new technology to meet these demands.
Ice-cream lovers all around the world can thank the major players of the Ice-Cream Processing Equipment Market for their delicious, creamy treats. This market is a highly competitive one, with several key players vying for attention and market share. The major players analysis of this industry involves identifying those companies that are leading the way in terms of innovation, technology, and product development. Some well-known names in this market include Tetra Pak International S.A., Carpigiani Group S.p.A., GEA Group Aktiengesellschaft, Alfa Laval AB, Tekno-Ice s.r.l., Gram Equipment A/S, Electro Freeze LLC, Nanjing Puyuan Ice Cream Machinery Manufacturing Co. Ltd., Catta 27 S.r.l., TETRA PAK INTERNATIONAL SA (Tetra Pak), KÃ¶rting Hannover AG among others who have been driving growth through strategic partnerships and mergers & acquisitions.
The global ice-cream processing equipment market is expected to witness significant growth in the coming years, driven by various factors such as increasing demand for premium ice-cream products, growing popularity of frozen desserts, and rising consumer inclination towards healthier and natural ingredients.
- One of the key factors driving the growth of the market is the increasing demand for premium ice-cream products. With the growing popularity of high-quality and premium ice-cream products, there has been a significant increase in the demand for advanced ice-cream processing equipment that can produce these products in large quantities while maintaining their quality and consistency.
- Another factor driving the growth of the market is the growing popularity of frozen desserts. In recent years, there has been a significant increase in the demand for frozen desserts such as ice-cream, gelato, sorbet, and frozen yogurt. This trend is expected to continue in the coming years, driving the growth of the ice-cream processing equipment market.
- Moreover, the rising consumer inclination towards healthier and natural ingredients is expected to boost the growth of the market. Consumers are becoming more health-conscious and are looking for ice-cream products that are made from natural and healthy ingredients. This has led to the introduction of advanced ice-cream processing equipment that can produce ice-cream products with healthier and natural ingredients.
- In addition, the increasing adoption of automation in the food and beverage industry is expected to drive the growth of the market. The use of advanced ice-cream processing equipment that is automated and can produce ice-cream products in large quantities has become increasingly popular among manufacturers.
- Furthermore, the growing demand for customized ice-cream products is expected to boost the growth of the market. Consumers are looking for ice-cream products that cater to their specific tastes and preferences, which has led to the introduction of advanced ice-cream processing equipment that can produce customized ice-cream products.
- Overall, the ice-cream processing equipment market is expected to witness significant growth worldwide due to the increasing demand for premium ice-cream products, growing popularity of frozen desserts, rising consumer inclination towards healthier and natural ingredients, the increasing adoption of automation in the food and beverage industry, and the growing demand for customized ice-cream products.
Why to Buy This Report-
- The report offers a quantitative and qualitative analysis of the global ice-cream processing equipment market by segments, drivers, current trends, restraints, challenges, opportunities, and market dynamics with the historical period from 2018–2021, base year–2022, and forecast period 2023–2030.
- The report provides insights into the competitive landscape, including how key players in the market are operating globally, regionally, and at the country levels.
- The report contains an extensive analysis of the global ice-cream processing equipment market segmentation by equipment type, product type, and operation, which can assist stakeholders in better understanding market dynamics and identifying potential growth opportunities.
- The report offers business insights into technological advancements, research and development activities, and product innovations in the global ice-cream processing equipment market.
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