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Ice Maker Market Top Vendors Analysis, Market Challenges and Geographical Analysis

Ice Maker Market Size By Product (Ice Cubes, Ice Flakes, Ice Nuggets), By Application (Residential, Commercial, Industrial), COVID-19 Impact Analysis, Regional Outlook, Application Potential, Price Trend, Competitive Market Share & Forecast


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Vikram Singh Mehta

a year ago | 2 min read

The global ice-maker market is forecast to register noteworthy gains by 2027 on the back of the rapidly expanding food and beverages sector. With global vaccination drives facilitating the re-opening of a number economies across the globe. The general population has been flocking to tourist and leisure activity spots.

This has once again brough back consumer money to the bar and restaurant industry, creating a significant demand for associated equipment such as ice makers. In recent times, there has been a strong demand for pebble ice, more commonly known as nugget ice. This type of ice can cool beverages very quickly and also retain its shape for a considerably longer amount of time. The product can also effectively carry out this action during the making process by being put into cocktail shakers right before the drink is strained.

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Pebble ice is ideal for tiki and tropical cocktails, crusta's, juice, cobblers, blended drinks and much more. The ice is also relatively difficult to make in bulk quantities without a dedicated machine. As such growing consumer appetite for this type of ice is creating a strong demand for nugget ice making machines, like GE's countertop Opal model, measuring 15.2 x 14.2 x 17.2 inches and is intelligently designed with a built-in water reservoir that automatically refills itself when the ice starts to melt, effectively minimizing water waste.

With an escalating artisanal ice trend, customers are now expecting beverage offerings that not just taste good but also look good. Given that pebble ice is not as big as the conventional ice cube and neither as small as flaked ice, it is the ideal type to be put into drinks for visual effect.

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The nugget ice is also witnessing increasing demand from the in global healthcare sector as it is relatively easy to chew, allowing it to be consumed easily patients.

With respect to application, the market has been earmarked to bring in notable gains from the industrial segment. The rapidly growing food processing industry, in combination with the expansion of the construction sector, would be greatly supporting the adoption rate of ice makers within industrial applications.

From a regional reference frame, North America is projected to witness noteworthy gains over the forthcoming time period. The immense growth of the processed food and beverages industry in the region has resulted in notably higher adoption of high-capacity, intelligent ice making machines in North America.

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