Commercial Beverage Dispensers Market to Grow by USD 196.9 Million (2024-2028), Driven by Online Vendor Presence, with AI Driving Market Transformation - Technavio

NEW YORK, Dec. 2, 2024 /PRNewswire/ -- Report with the AI impact on market trends - The global commercial beverage dispensers market size is estimated to grow by USD 196.9 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 4.36% during the forecast period. Growing online presence of vendors that offer commercial beverage dispensers is driving market growth, with a trend towards vendors focus on developing commercial beverage dispensers with improved connectivity options. However, low product replacement cycle poses a challenge. Key market players include Ali Group S.r.l., Berkshire Hathaway Inc., Bunn O Matic Corp., Cal Mil Plastic Products Inc., Cambro Manufacturing Co., Changzhou Pilot Electronic Co. Ltd., Electrolux Professional AB, FBD Partnership LP, FRANKE Holding AG, Godrej and Boyce Manufacturing Co. Ltd., HOSHIZAKI Corp., LUIGI LAVAZZA S.p.A., Manitowoc Ice, Nestle SA, Newco Coffee, Omega Juicers, PepsiCo Inc., Rosseto Serving Solutions, The Coca Cola Co., and The Middleby Corp..

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Key Market Trends Fueling Growth

Food service establishments, theaters, amusement parks, and other end-users prioritize investing in advanced commercial beverage dispensers to enhance consumer experience. Vendors of soft drink dispensers, such as THE COCA-COLA COMPANY, are responding by introducing innovative models. For instance, their new Freestyle 9100 dispenser includes a touchscreen and Bluetooth connectivity. Consumers can connect to the Freestyle mobile application, eliminating the need to queue up. The company is also adding audio capability to the equipment. In the coming years, more vendors will develop soft drink dispensers with improved connectivity options, fueling market growth. 

The Commercial Beverage Dispensers market is thriving with trends like natural teas and low calorie drinks. Customers seek customization options, energy efficient technologies, and eco-friendly designs. Recyclable materials, IoT, temperature control, real-time monitoring, and data analytics are key features. Juices, coffee, cocktails, and soft drinks are popular beverages dispensed. Premium and stylish dispensers come in plastic and stainless steel, BPA-free, for foodservice industries such as restaurants, cafes, bars, hotels, convenience marts, and entertainment hubs. High capacity and high-tech models cater to various business sizes. Trends include water saving measures, touchless dispensing systems, and smart connection features. Specialty dispensers offer smoothies, slushies, frozen cocktails, and more. 

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Market Challenges

• The replacement cycle for commercial beverage dispensers is characterized by infrequent purchases due to the durability and superior build quality of these products. With a lifecycle ranging from 10 to 30 years, these dispensers are typically replaced after extended periods. While some high-end models can be considered one-time investments, regular maintenance and cleaning are essential to ensure their continued functionality. The minimal maintenance and replacement costs contribute to the low replacement cycle, posing a significant growth barrier for the commercial beverage dispenser market.
• The Commercial Beverage Dispensers market faces several challenges for various industries, including food service businesses and retail sectors. Start-ups enter the market with automated portion control dispensers, integrating IoT and mobile apps for customer convenience. Electric and plastic beverage dispensers are popular choices due to their user-friendliness and affordability. Fountain dispensers cater to non-alcoholic beverages in convenience shops, malls, and recreational locations. Self-cleaning technology and automated gadgets ensure food safety and hygiene. Food safety is crucial for all types of beverages, including non-alcoholic drinks, coffee, and alcoholic beverages like beer, wine, and black spirits. Sustainable and eco-friendly products made of materials like metal, glass, acrylic, polycarbonate, and polyurethane are gaining popularity. Customer selections range from liquids in bottles and containers to healthier options like fruit-infused water. Workplaces, dining establishments, catering events, and self-service kiosks all require beverage dispensers that meet their unique needs. Health issues and disposable cups are also considerations for the market.

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Segment Overview

This commercial beverage dispensers market report extensively covers market segmentation by

1. Product 
• 1.1 Refrigerated
• 1.2 Uninsulated
• 1.3 Insulated
2. Material 
• 2.1 Stainless steel
• 2.2 Glass and acrylic
• 2.3 Plastic
• 2.4 Others
3. Geography 
• 3.1 Europe
• 3.2 APAC
• 3.3 North America
• 3.4 South America
• 3.5 Middle East and Africa

1.1 Refrigerated- Commercial refrigerated beverage dispensers are essential equipment in the food service industry for keeping pre-made beverages cool and at a safe serving temperature. These dispensers are commonly used for storing beverages like juice, lemonades, slushies, and iced teas. Refrigerated beverages dispensers offer self-service options, reducing labor requirements and minimizing wastages. The growing preference for chilled beverages and the need for convenience have driven the global market for commercial refrigerated beverage dispensers. The food service industry's expansion, including restaurants, cafes, bars, and hotels, has fueled the demand for these dispensers. Polycarbonate containers are increasingly popular in commercial refrigerated beverage dispensers due to their transparency, enhancing beverage visibility. These dispensers are also popular for social events, parties, and gatherings, providing an easy and hygienic way to serve large volumes of cold drinks to guests. Environmental regulations regarding refrigerant usage have encouraged businesses to invest in energy-efficient and user-friendly refrigerated beverage dispensers. Advancements in refrigeration technology have led to more energy-efficient and user-friendly beverage dispensers, making it an attractive investment for businesses to upgrade their equipment. The growing demand for these advanced dispensers is expected to boost the commercial refrigerated beverage dispensers market during the forecast period.

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Research Analysis

The Commercial Beverage Dispensers market caters to various industries including foodservice businesses in restaurants, cafes, bars, hotels, convenience marts, entertainment hubs, and the retail sector. These establishments benefit from beverage dispensers due to their user-friendly design and ability to serve a large number of customers. Fountain dispensers are popular choices for serving carbonated drinks, while special beverage dispensers cater to unique offerings like fruit-infused water and natural teas. The market also includes dispensers for healthier options, such as water and natural teas, addressing growing health concerns. Food service businesses, including fast food restaurants, pizzerias, snack shops, and dining establishments, use beverage dispensers to offer a wide range of customer selections. Workplaces and catering events also utilize these containers to provide drinks for employees and guests. Bottles and containers come in various sizes and materials to accommodate different beverage types and volumes.

Market Research Overview

The Commercial Beverage Dispensers market caters to various industries including foodservice businesses in restaurants, cafes, bars, hotels, convenience marts, entertainment hubs, and more. These dispensers come in various types such as special beverage dispensers for smoothies, slushies, frozen cocktails, and high capacity or high-tech models. Small businesses and startups also benefit from these dispensers due to automated portion control, IoT integration, mobile apps, and energy-efficient technologies. Beverage dispensers are available in different materials like plastic, glass, acrylic, polycarbonate, and polyurethane, catering to both non-alcoholic and alcoholic beverages. Alcoholic beverages include beer, wine, and black spirits. Coffee shops often use these dispensers for hot beverages and disposable cups. Sustainable and eco-friendly products are gaining popularity with recyclable materials and energy-efficient technologies. Customization options, health issues, and customer selections are other essential factors. Self-cleaning technology, automated gadgets, and digital techniques ensure food safety and user-friendliness. Fountain dispensers are popular in the retail sector, including convenience shops, malls, recreational locations, fast food restaurants, pizzerias, and snack shops. Temperature control, real-time monitoring, data analytics, and juice, coffee, and cocktail dispensers are premium offerings. Stylish dispensers are available in plastic, stainless steel, and commercial-grade materials for workplaces and dining establishments. Catering events also use these dispensers for bottles and containers, ensuring a wide range of customer selections.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

• Product
• Refrigerated
• Uninsulated
• Insulated
• Material
• Stainless Steel
• Glass And Acrylic
• Plastic
• Others
• Geography
• Europe
• APAC
• North America
• South America
• Middle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio

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