Ice Cream Machines Market

Ice Cream Machines Market Size, Growth, Forecast (2023-2028)

The Global Ice Cream Machines Market size was worth USD 9.11 billion in 2022, and it is determined to reach a value of USD 11.35 billion by 2028, developing with an annual expansion rate (CAGR) of 3.56% between 2022 and 2027.

Market Overview:

Ice cream machine is dairy processing equipment used to produce high quality ice cream for end users. Ice cream machines help prepare an ice cream mix using two methods, namely manual start method or the electric motor method. The final product is cooled by pre-cooling the machine or by freezing the mixture. The machine freezes the mixture by stirring it and aerates it to avoid ice crystals. Some inexpensive countertop machines allow the mixture to freeze for an additional hour even after agitation is complete. The sensitivity of consumers to prices in developing countries forces market participants to sell products at relatively lower prices than in developed countries. Modern machines offer a faster and easier way to make traditional ice cream, frozen yogurt or gelato.

Ice Cream Machines Market Growth:

The demand for Ice cream machines has increased in the market over time due to a growing fan base around the world.

REPORT COVERAGE:

Drivers:

The increasing adoption of ice cream machines, mainly in the catering industry, food and beverage stores, ice cream or milk factories and entertainment venues, is expected to drive the growth of the global Ice Cream Machines market during the outlook period. The introduction of new types of ice cream and the rise of fast-food chains are supposed to strengthen the growth of the global Ice Cream Machines market. Also, the adoption of technologically advanced ice cream machines to manufacture various ice cream mixes and flavors is likely to drive the Ice Cream Machines business growth. In addition to all this, the growing appeal of sorbets and frozen yogurt has forced sellers to choose these ice cream machines in the market. The extensive use of the soft serve machine for making sorbet, ice cream, frozen yogurt and making custard has driven the growth of the Ice Cream Machines industry. The market is dominated by several large international suppliers and small suppliers. The Ice Cream Machines market is also affected by product performance. The Ice Cream Machines can also process yogurt, sorbet and other frozen products, which in turn is strengthening its reach in a wider area of society. The growing need for homemade ice cream will drive the Ice Cream Machines market demand. Children and younger generations make up the majority of frozen food consumption, increasing purchasing power and accelerating the growth of Ice Cream Machines.

As consumers recognize the health concerns associated with frozen products, ice cream machines are taking up the challenge and providing consumers with the best taste, flavor, and value experience. Consumers' need for dessert after meals is another important factor that can drive industry sales. The possibilities for innovation and customization flavored with additional nutrients will drive the market for Ice Cream Machines in the near future. The increase in ice cream consumption had a positive effect on the ice cream machine market, because the it is more hygienic, less time consuming, less manual, and can easily meet the needs of consumers, as can accommodate multiple flavors at once. Increased demand for entertainment, innovation and increased consumption power of the population are also favoring this business growth. Ice cream machines are also finding a place in the industry, as the main focus of the food and beverage industry is to reduce manual labor and increase automation. Increased awareness of the benefits of ice cream, which is an important source of minerals, vitamins and provides energy, is expected to increase demand for ice cream and drive growth in the Ice Cream Machines market. The growing ice cream franchise business is supposed to play an important role in the growth of the ice cream machine market in the future. The ice cream and related business segments are experiencing significant improvement as franchise business opportunities increase in various regions. Progress in making flavors with additional nutrients and the prospect of customization will drive demand for ice cream machines in the coming days.

Restraints:

The initial cost of installing a refrigerator is a major obstacle to growth of the global Ice Cream Machines market. The high cost of ice cream machines is a key factor that can hamper demand and slow the growth of the market during the foreseen period. The cost of replacing and maintaining damaged parts for ice cream makers is expensive and makes it difficult for ice cream makers to expand the Ice Cream Machines industry.

Ice Cream Machines Market Segmentation Analysis:

The Ice Cream Machines market by product type is divided into hard ice cream and soft ice cream machines. Of these, soft ice cream machines are estimated to occupy a significant part of the global ice cream machine market, as they have characteristics such as spikes that help mix nuts and cookies. The soft serve machine has control buttons to help you choose the type of dessert you want.

Depending on the application, the Ice Cream Machines market is segmented into stores, catering, factories, premises, etc. Among them, the catering industry segment occupies a leading share of the global market due to the growing demand for ice cream in the industry. In the catering industry, you can check the taste of ice cream and the delicious taste.

Impact of COVID-19 on the Ice Cream Machines Market:

The coronavirus pandemic has resulted in an unexpected lockdown scenario around the world, resulting in the temporary shutdown of production units, sales channels and other activities associated with the food & beverages industry. This had a direct effect on the ice cream machines market, witnessing financial losses. The increasing consumer preference for healthy foods is likely to act as a restraint to the development of this market in the coming years.

Geographical Segmentation Analysis:

• North America - the United States and Canada
• Europe - United Kingdom, Spain, Germany, Italy, and France
• The Asia Pacific - India, Japan, China, Australia, Singapore, Malaysia, South Korea, New Zealand, and Southeast Asia
• Latin America - Brazil, Argentina, Mexico, and Rest of LATAM
• The Middle East and Africa - Africa and Middle East (Saudi Arabia, UAE, Lebanon, Jordan, Cyprus)

Regional Analysis:

The North American ice cream machine market ranked first in worldwide sales due to the growing demand for ice cream in the countries of the region. In North America, rising need for ice cream is expected to lead the market for ice cream machines. Europe is also anticipated to record a modest share of the global Ice Cream Machines market during the conjecture period. Ice cream machines have been installed in Europe due to the increasing demand for ice cream. The Asia Pacific market is anticipated to record significant growth in terms of revenue in the global Ice Cream Machines market during the conjecture period due to the increasing demand for ice cream and the recognition of the benefits of ice cream machine products in countries such as India, China, etc., in this area. Emerging economies such as India, Indonesia and China are likely to maintain a significant share in the ice cream machines market due to population growth and increased purchasing power of consumers. As renowned Chinese and Indian companies continue to invest to establish ice cream machine manufacturing units, sales in the region will increase. Additionally, the preference for traditional ice cream has led to the development of ice cream machines for home and ice cream makers. In the Middle East and Africa, the rapid growth of the dairy processing business has led to increased demand for ice cream machines. Also, need for portable ice cream machines from street vendors is foreseen to drive the ice cream machine market. South America is foreseen to offer promising opportunities for the ice cream machine market over the projection period.

Key Players in the Market:

Major Key Players in the Global Ice Cream Machines Market are

• Gram Equipment
• Big Drum Engineering GmbH
• Carpigiani
• MKK
• Guangshen
• Bravo
• Catta 27
• Taylor
• Alpine Freezer
• Stoelting
• Oceanpower
• Nissei
• Ice Group
• Electro Freeze
• Technogel
• Tetra Pak
• Vojta
• Spaceman
• Tekno-Ice
• Donper
• Shanghai
• Lisong