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In this report, LP Information covers the present scenario (with the base year being 2017) and the growth prospects of global Soft Ice Cream Machines market for 2018-2023.
A Soft Ice Cream Machine is a machine used to make quantities of ice cream for consumption. Soft 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.
The Worldwide Soft Ice Cream Machine market is well diversified across China, APAC, Europe and Other region. USA has the highest market share and dominates the Soft Ice Cream Machines market with a production volume of 53.71%. China is the next big market following USA. The growth of Soft Ice Cream Machine business is expected to grow at a moderate pace. Countries such as the Italy, France and UK, which are the leading countries in this region, are likely to register a positive growth.
North America plays an important role in global Soft Ice Cream Machines market, with a market share of 27.11% in 2017 and is expected to show a similar trend during the forecast period, especially in United States, it has great influence on the development of Soft Ice Cream Machines.
The Europe market is mature and developed stably in the past few years and will keep the trend in the next years, it was 173.16 USD Million in 2017 and will reach 210.3 USD million in 2023, with a CAGR of 3.29% between 2017 and 2023. But in the changing times, Europe is also full of much uncertainty, from political elections, trade policy and historical problems.
The Asia-Pacific will take an increasing significant part in global Soft Ice Cream Machines market, due to the strong demand from China, Japan. It was 241.33 USD million in 2017 in Asia-Pacific, and it is predicted that the market size will reach 325.32 USD million in 2023, with a market share of 37.67% in global Soft Ice Cream Machines market.
The Soft Ice Cream Machine industry is characterized by several large international suppliers and many smaller suppliers. The top three largest operators account for about 49.88% of global volume in 2017 Key market players include Taylor, Carpigiani, Nissei, Electro Freeze, Stoelting, ICETRO, Spaceman, Gel Matic, etc..
Catering Industry covered over 36.35% of global market share in 2017, and is projected to dominate the market over the estimated period. This sector is likely to rise at a CAGR of 6.4% from 2017 to 2023.
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.
Over the next five years, LPI(LP Information) projects that Soft Ice Cream Machines will register a 3.9% CAGR in terms of revenue, reach US$ 860 million by 2023, from US$ 690 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Soft Ice Cream Machines market by product type, application, key manufacturers and key regions.
To calculate the market size, LP Information considers value and volume generated from the sales of the following segments:
Segmentation by product type:
- Multi Cylinder
- Single Cylinder
Segmentation by application:
- Catering Industry
- Entertainment Venue
This report also splits the market by region:
- - United States
- - Canada
- - Mexico
- - Brazil
- - China
- - Japan
- - Korea
- - Southeast Asia
- - India
- - Australia
- - Germany
- - France
- - UK
- - Italy
- - Russia
- - Spain
- Middle East & Africa
- - Egypt
- - South Africa
- - Israel
- - Turkey
- - GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
- Electro Freeze
- Gel Matic
- Shanghai Lisong
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
- To study and analyze the global Soft Ice Cream Machines consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
- To understand the structure of Soft Ice Cream Machines market by identifying its various subsegments.
- Focuses on the key global Soft Ice Cream Machines manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Soft Ice Cream Machines with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption of Soft Ice Cream Machines submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.