Penetration of Carbonated Beverages to give Boost to the Fountain Machines Market
The fountain machine worldwide is expected to grow with a CAGR of 2.9% during the forecast period from 2022 to 2030, starting from US$ 1.95 Bn in 2020. The fountain machine market is growing steadily owing to increased penetration of carbonated drinks worldwide. Adoption of carbonated drinks by youngsters as well as millennials worldwide is the other growth factor for fountain machine market. Application of these machines at restaurants, malls and other stores is increasing, which in turn helped the fountain machine market to grow. Thus, we are expecting steady growth in the fountain machine market during the forecast period.Restaurants segment to Continue Leading the Market
The fountain machine by application was led by restaurant segment in 2021. The segment has nearly 1/2 of the revenue share in the same year. Penetration of fast food worldwide is the major growth factor for this segment. Nowadays, people like eating junk food instead of home food owing to which the demand for fountain machine in restaurants have increased. As a consequence, we expect that the restaurant segment will continue its dominance during the forecast period from 2019-2027.Asia Pacific to be the Fastest Growing Region
Fountain machine market was led by North America region accounted for nearly 30% of the market share in 2021. Rapid technological advancement is the major factor for its dominance in the fountain machine market. Asia Pacific will be the fastest growing segment in the fountain machine market owing to major developing economies such as China and India. Rapid increase in urbanization in aforementioned countries is the other major factor for the growth of the region. Therefore, we expect that the Asia Pacific region will be the fastest growing region in the fountain machine market throughout the forecast period from 2022-2030.Some of the prominent players operating in the fountain machine market are Cornelius, Himalay Soda Fountain, Lancer, Manitowoc Ice, Inc., among others.
Historical & Forecast Period
This study report represents analysis of each segment from 2020 to 2030 considering 2021 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2030.The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Fountain Machine market are as follows:- Research and development budgets of manufacturers and government spending
- Revenues of key companies in the market segment
- Number of end users and consumption volume, price and value.
- Geographical revenues generate by countries considered in the report
- Micro and macro environment factors that are currently influencing the Fountain Machine market and their expected impact during the forecast period.
Market Segmentation
Product
- Drop-In FM
- Tower FM
Application
- Restaurant
- Cinema
- Others (Convenience Stores, Cafeteria, etc.)
Key questions answered in this report
- What are the key micro and macro environmental factors that are impacting the growth of Fountain Machine market?
- What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
- Estimated forecast and market projections up to 2030.
- Which segment accounts for the fastest CAGR during the forecast period?
- Which market segment holds a larger market share and why?
- Are low and middle-income economies investing in the Fountain Machine market?
- Which is the largest regional market for Fountain Machine market?
- What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
- Which are the key trends driving Fountain Machine market growth?
- Who are the key competitors and what are their key strategies to enhance their market presence in the Fountain Machine market worldwide?
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Table of Contents
1. Preface1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. Key Offerings
1.2. Market Segmentation
1.3. Research Methodology
1.3.1. Phase I - Secondary Research
1.3.2. Phase II - Primary Research
1.3.3. Phase III - Expert Panel Review
1.3.4. Assumptions
1.3.5. Approach Adopted
2. Executive Summary
2.1. Market Snapshot: Global Fountain Machine Market
2.2. Global Fountain Machine Market, By Product, 2021 (US$ Million)
2.3. Global Fountain Machine Market, By Application, 2021 (US$ Million)
2.4. Global Fountain Machine Market, By Geography, 2021 (US$ Million)
2.5. Attractive Investment Proposition by Geography, 2021
3. Fountain Machine Market: Competitive Analysis
3.1. Market Positioning of Key Fountain Machine Market Vendors
3.2. Strategies Adopted by Fountain Machine Market Vendors
3.3. Key Industry Strategies
3.4. Tier Analysis 2021 Versus 2030
4. Fountain Machine Market: Macro Analysis & Market Dynamics
4.1. Introduction
4.2. Global Fountain Machine Market Value, 2020 - 2030, (US$ Million)
4.3. Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Key Challenges
4.3.4. Key Opportunities
4.4. Impact Analysis of Drivers and Restraints
4.5. See-Saw Analysis
5. Fountain Machine Market: By Product, 2020-2030, USD (Million)
5.1. Market Overview
5.2. Growth & Revenue Analysis: 2021 Versus 2030
5.3. Market Segmentation
5.3.1. Drop-In FM
5.3.2. Tower FM
6. Fountain Machine Market: By Application, 2020-2030, USD (Million)
6.1. Market Overview
6.2. Growth & Revenue Analysis: 2021 Versus 2030
6.3. Market Segmentation
6.3.1. Restaurant
6.3.2. Cinema
6.3.3. Others (Convenience Stores, Cafeteria, etc.)
7. North America Fountain Machine Market, 2020-2030, USD (Million)
7.1. Market Overview
7.2. Fountain Machine Market: By Product, 2020-2030, USD (Million)
7.3. Fountain Machine Market: By Application, 2020-2030, USD (Million)
7.4.Fountain Machine Market: By Region, 2020-2030, USD (Million)
7.4.1.North America
7.4.1.1. U.S.
7.4.1.1.1. Fountain Machine Market: By Product, 2020-2030, USD (Million)
7.4.1.1.1. Fountain Machine Market: By Application, 2020-2030, USD (Million)
7.4.1.2. Canada
7.4.1.2.1. Fountain Machine Market: By Product, 2020-2030, USD (Million)
7.4.1.2.1. Fountain Machine Market: By Application, 2020-2030, USD (Million)
7.4.1.3. Rest of North America
7.4.1.3.1. Fountain Machine Market: By Product, 2020-2030, USD (Million)
7.4.1.3.1. Fountain Machine Market: By Application, 2020-2030, USD (Million)
8. UK and European Union Fountain Machine Market, 2020-2030, USD (Million)
8.1. Market Overview
8.2. Fountain Machine Market: By Product, 2020-2030, USD (Million)
8.3. Fountain Machine Market: By Application, 2020-2030, USD (Million)
8.4.Fountain Machine Market: By Region, 2020-2030, USD (Million)
8.4.1.UK and European Union
8.4.1.1. UK
8.4.1.1.1. Fountain Machine Market: By Product, 2020-2030, USD (Million)
8.4.1.1.1. Fountain Machine Market: By Application, 2020-2030, USD (Million)
8.4.1.2. Germany
8.4.1.2.1. Fountain Machine Market: By Product, 2020-2030, USD (Million)
8.4.1.2.1. Fountain Machine Market: By Application, 2020-2030, USD (Million)
8.4.1.3. Spain
8.4.1.3.1. Fountain Machine Market: By Product, 2020-2030, USD (Million)
8.4.1.3.1. Fountain Machine Market: By Application, 2020-2030, USD (Million)
8.4.1.4. Italy
8.4.1.4.1. Fountain Machine Market: By Product, 2020-2030, USD (Million)
8.4.1.4.1. Fountain Machine Market: By Application, 2020-2030, USD (Million)
8.4.1.5. France
8.4.1.5.1. Fountain Machine Market: By Product, 2020-2030, USD (Million)
8.4.1.5.1. Fountain Machine Market: By Application, 2020-2030, USD (Million)
8.4.1.6. Rest of Europe
8.4.1.6.1. Fountain Machine Market: By Product, 2020-2030, USD (Million)
8.4.1.6.1. Fountain Machine Market: By Application, 2020-2030, USD (Million)
9. Asia Pacific Fountain Machine Market, 2020-2030, USD (Million)
9.1. Market Overview
9.2. Fountain Machine Market: By Product, 2020-2030, USD (Million)
9.3. Fountain Machine Market: By Application, 2020-2030, USD (Million)
9.4.Fountain Machine Market: By Region, 2020-2030, USD (Million)
9.4.1.Asia Pacific
9.4.1.1. China
9.4.1.1.1. Fountain Machine Market: By Product, 2020-2030, USD (Million)
9.4.1.1.1. Fountain Machine Market: By Application, 2020-2030, USD (Million)
9.4.1.2. Japan
9.4.1.2.1. Fountain Machine Market: By Product, 2020-2030, USD (Million)
9.4.1.2.1. Fountain Machine Market: By Application, 2020-2030, USD (Million)
9.4.1.3. India
9.4.1.3.1. Fountain Machine Market: By Product, 2020-2030, USD (Million)
9.4.1.3.1. Fountain Machine Market: By Application, 2020-2030, USD (Million)
9.4.1.4. Australia
9.4.1.4.1. Fountain Machine Market: By Product, 2020-2030, USD (Million)
9.4.1.4.1. Fountain Machine Market: By Application, 2020-2030, USD (Million)
9.4.1.5. South Korea
9.4.1.5.1. Fountain Machine Market: By Product, 2020-2030, USD (Million)
9.4.1.5.1. Fountain Machine Market: By Application, 2020-2030, USD (Million)
9.4.1.6. Rest of Asia Pacific
9.4.1.6.1. Fountain Machine Market: By Product, 2020-2030, USD (Million)
9.4.1.6.1. Fountain Machine Market: By Application, 2020-2030, USD (Million)
10. Latin America Fountain Machine Market, 2020-2030, USD (Million)
10.1. Market Overview
10.2. Fountain Machine Market: By Product, 2020-2030, USD (Million)
10.3. Fountain Machine Market: By Application, 2020-2030, USD (Million)
10.4.Fountain Machine Market: By Region, 2020-2030, USD (Million)
10.4.1.Latin America
10.4.1.1. Brazil
10.4.1.1.1. Fountain Machine Market: By Product, 2020-2030, USD (Million)
10.4.1.1.1. Fountain Machine Market: By Application, 2020-2030, USD (Million)
10.4.1.2. Mexico
10.4.1.2.1. Fountain Machine Market: By Product, 2020-2030, USD (Million)
10.4.1.2.1. Fountain Machine Market: By Application, 2020-2030, USD (Million)
10.4.1.3. Rest of Latin America
10.4.1.3.1. Fountain Machine Market: By Product, 2020-2030, USD (Million)
10.4.1.3.1. Fountain Machine Market: By Application, 2020-2030, USD (Million)
11. Middle East and Africa Fountain Machine Market, 2020-2030, USD (Million)
11.1. Market Overview
11.2. Fountain Machine Market: By Product, 2020-2030, USD (Million)
11.3. Fountain Machine Market: By Application, 2020-2030, USD (Million)
11.4.Fountain Machine Market: By Region, 2020-2030, USD (Million)
11.4.1.Middle East and Africa
11.4.1.1. GCC
11.4.1.1.1. Fountain Machine Market: By Product, 2020-2030, USD (Million)
11.4.1.1.1. Fountain Machine Market: By Application, 2020-2030, USD (Million)
11.4.1.2. Africa
11.4.1.2.1. Fountain Machine Market: By Product, 2020-2030, USD (Million)
11.4.1.2.1. Fountain Machine Market: By Application, 2020-2030, USD (Million)
11.4.1.3. Rest of Middle East and Africa
11.4.1.3.1. Fountain Machine Market: By Product, 2020-2030, USD (Million)
11.4.1.3.1. Fountain Machine Market: By Application, 2020-2030, USD (Million)
12. Company Profile
12.1. Cornelius
12.1.1. Company Overview
12.1.2. Financial Performance
12.1.3. Product Portfolio
12.1.4. Strategic Initiatives
12.2. Himalay Soda Fountain
12.2.1. Company Overview
12.2.2. Financial Performance
12.2.3. Product Portfolio
12.2.4. Strategic Initiatives
12.3. Lancer
12.3.1. Company Overview
12.3.2. Financial Performance
12.3.3. Product Portfolio
12.3.4. Strategic Initiatives
12.4. Manitowoc Ice, Inc.
12.4.1. Company Overview
12.4.2. Financial Performance
12.4.3. Product Portfolio
12.4.4. Strategic Initiatives
List of Figures
Figure 1 Global Fountain Machine Market: Market Coverage
Figure 2 Research Methodology and Data Sources
Figure 3 Market Size Estimation - Top Down & Bottom-Up Approach
Figure 4 Global Fountain Machine Market: Quality Assurance
Figure 5 Global Fountain Machine Market, By Product, 2021
Figure 6 Global Fountain Machine Market, By Application, 2021
Figure 7 Global Fountain Machine Market, By Geography, 2021
Figure 8 Market Geographical Opportunity Matrix - Global Fountain Machine Market, 2021
Figure 9 Market Positioning of Key Fountain Machine Market Players, 2021
Figure 10 Global Fountain Machine Market - Tier Analysis - Percentage of Revenues by Tier Level, 2021 Versus 2030
Figure 11 Global Fountain Machine Market, By Product, 2021 Vs 2030, %
Figure 12 Global Fountain Machine Market, By Application, 2021 Vs 2030, %
Figure 13 U.S. Fountain Machine Market (US$ Million), 2020 - 2030
Figure 14 Canada Fountain Machine Market (US$ Million), 2020 - 2030
Figure 15 Rest of North America Fountain Machine Market (US$ Million), 2020 - 2030
Figure 16 UK Fountain Machine Market (US$ Million), 2020 - 2030
Figure 17 Germany Fountain Machine Market (US$ Million), 2020 - 2030
Figure 18 Spain Fountain Machine Market (US$ Million), 2020 - 2030
Figure 19 Italy Fountain Machine Market (US$ Million), 2020 - 2030
Figure 20 France Fountain Machine Market (US$ Million), 2020 - 2030
Figure 21 Rest of Europe Fountain Machine Market (US$ Million), 2020 - 2030
Figure 22 China Fountain Machine Market (US$ Million), 2020 - 2030
Figure 23 Japan Fountain Machine Market (US$ Million), 2020 - 2030
Figure 24 India Fountain Machine Market (US$ Million), 2020 - 2030
Figure 25 Australia Fountain Machine Market (US$ Million), 2020 - 2030
Figure 26 South Korea Fountain Machine Market (US$ Million), 2020 - 2030
Figure 27 Rest of Asia Fountain Machine Market (US$ Million), 2020 - 2030
Figure 28 Brazil Fountain Machine Market (US$ Million), 2020 - 2030
Figure 29 Mexico Fountain Machine Market (US$ Million), 2020 - 2030
Figure 30 Rest of Latin America Fountain Machine Market (US$ Million), 2020 - 2030
Figure 31 GCC Fountain Machine Market (US$ Million), 2020 - 2030
Figure 32 Africa Fountain Machine Market (US$ Million), 2020 - 2030
Figure 33 Rest of Middle East and Africa Fountain Machine Market (US$ Million), 2020 - 2030
List of Tables
Table 1 Global Fountain Machine Market By Product, 2020-2030, USD (Million)
Table 2 Global Fountain Machine Market By Application, 2020-2030, USD (Million)
Table 3 North America Fountain Machine Market By Product, 2020-2030, USD (Million)
Table 4 North America Fountain Machine Market By Application, 2020-2030, USD (Million)
Table 5 U.S. Fountain Machine Market By Product, 2020-2030, USD (Million)
Table 6 U.S. Fountain Machine Market By Application, 2020-2030, USD (Million)
Table 7 Canada Fountain Machine Market By Product, 2020-2030, USD (Million)
Table 8 Canada Fountain Machine Market By Application, 2020-2030, USD (Million)
Table 9 Rest of North America Fountain Machine Market By Product, 2020-2030, USD (Million)
Table 10 Rest of North America Fountain Machine Market By Application, 2020-2030, USD (Million)
Table 11 UK and European Union Fountain Machine Market By Product, 2020-2030, USD (Million)
Table 12 UK and European Union Fountain Machine Market By Application, 2020-2030, USD (Million)
Table 13 UK Fountain Machine Market By Product, 2020-2030, USD (Million)
Table 14 UK Fountain Machine Market By Application, 2020-2030, USD (Million)
Table 15 Germany Fountain Machine Market By Product, 2020-2030, USD (Million)
Table 16 Germany Fountain Machine Market By Application, 2020-2030, USD (Million)
Table 17 Spain Fountain Machine Market By Product, 2020-2030, USD (Million)
Table 18 Spain Fountain Machine Market By Application, 2020-2030, USD (Million)
Table 19 Italy Fountain Machine Market By Product, 2020-2030, USD (Million)
Table 20 Italy Fountain Machine Market By Application, 2020-2030, USD (Million)
Table 21 France Fountain Machine Market By Product, 2020-2030, USD (Million)
Table 22 France Fountain Machine Market By Application, 2020-2030, USD (Million)
Table 23 Rest of Europe Fountain Machine Market By Product, 2020-2030, USD (Million)
Table 24 Rest of Europe Fountain Machine Market By Application, 2020-2030, USD (Million)
Table 25 Asia Fountain Machine Market By Product, 2020-2030, USD (Million)
Table 26 Asia Fountain Machine Market By Application, 2020-2030, USD (Million)
Table 27 China Fountain Machine Market By Product, 2020-2030, USD (Million)
Table 28 China Fountain Machine Market By Application, 2020-2030, USD (Million)
Table 29 Japan Fountain Machine Market By Product, 2020-2030, USD (Million)
Table 30 Japan Fountain Machine Market By Application, 2020-2030, USD (Million)
Table 31 India Fountain Machine Market By Product, 2020-2030, USD (Million)
Table 32 India Fountain Machine Market By Application, 2020-2030, USD (Million)
Table 33 Australia Fountain Machine Market By Product, 2020-2030, USD (Million)
Table 34 Australia Fountain Machine Market By Application, 2020-2030, USD (Million)
Table 35 South Korea Fountain Machine Market By Product, 2020-2030, USD (Million)
Table 36 South Korea Fountain Machine Market By Application, 2020-2030, USD (Million)
Table 37 Latin America Fountain Machine Market By Product, 2020-2030, USD (Million)
Table 38 Latin America Fountain Machine Market By Application, 2020-2030, USD (Million)
Table 39 Brazil Fountain Machine Market By Product, 2020-2030, USD (Million)
Table 40 Brazil Fountain Machine Market By Application, 2020-2030, USD (Million)
Table 41 Mexico Fountain Machine Market By Product, 2020-2030, USD (Million)
Table 42 Mexico Fountain Machine Market By Application, 2020-2030, USD (Million)
Table 43 Rest of Latin America Fountain Machine Market By Product, 2020-2030, USD (Million)
Table 44 Rest of Latin America Fountain Machine Market By Application, 2020-2030, USD (Million)
Table 45 Middle East and Africa Fountain Machine Market By Product, 2020-2030, USD (Million)
Table 46 Middle East and Africa Fountain Machine Market By Application, 2020-2030, USD (Million)
Table 47 GCC Fountain Machine Market By Product, 2020-2030, USD (Million)
Table 48 GCC Fountain Machine Market By Application, 2020-2030, USD (Million)
Table 49 Africa Fountain Machine Market By Product, 2020-2030, USD (Million)
Table 50 Africa Fountain Machine Market By Application, 2020-2030, USD (Million)
Table 51 Rest of Middle East and Africa Fountain Machine Market By Product, 2020-2030, USD (Million)
Table 52 Rest of Middle East and Africa Fountain Machine Market By Application, 2020-2030, USD (Million)
Companies Mentioned
- Cornelius
- Himalay Soda Fountain
- Lancer
- Manitowoc Ice Inc.