Market Overview:
The global ice flaker market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for ice flakers from various end-use industries, such as retail, foodservice, and healthcare. In addition, the growing trend of modular ice flakers is also contributing to the growth of this market. On the basis of type, modular ice flakers are expected to dominate the global market during the forecast period owing to their high efficiency and low maintenance cost. On account of their growing popularity among consumers due to their compact design and easy installation process, undercounter ice flakers are also witnessing a high demand in developed countries such as North America and Europe.
Product Definition:
An ice flaker is a commercial kitchen equipment that is used to produce thin sheets of ice. It is an important piece of equipment for any food service establishment as it can be used to make various items such as cocktails, smoothies and frozen desserts.
Modular:
Modular is a technology that allows the Ice Flaker to be assembled and disassembled in minutes. It consists of replaceable and upgradable components, which increases the reliability of equipment. The modular design also helps in minimizing maintenance costs by reducing down time due to component failure.
The global ice flaker market size was valued at USD 2 billion in 2016.
Undercounter:
Undercounter is a term used for the equipment that is installed under the counter in retail stores. The products that are placed on top of the refrigerators or freezers to maintain and preserve food items are termed as undercounter equipment. It includes display cases, glass doors, drawers, and shelves among others. Undercounter storage systems have gained popularity owing to their space-saving features along with offering enhanced protection against food loss and damage due to extreme temperature conditions.
Application Insights:
The retail segment dominated the global market in 2017. The application of ice flakers in the retail industry is projected to witness a CAGR of XX% from 2018 to 2030 owing to its ability to provide an instant cooling experience and maintain product freshness for longer duration. Moreover, increasing penetration of self-service retailing will drive demand over the forecast period as consumers prefer shopping on their own terms and are comfortable with digital technologies such as tablets and smartphones that aid them in making purchases quickly without having to approach a salesperson or clerk at every purchase point within a store¢â‚¬â„¢s premises.
The food service segment accounted for more than 25% share of the overall revenue in 2017 due to rapid adoption by restaurants, pubs, hotels across various regions including North America, Europe, Asia Pacific and Middle East & Africa.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position through 2030, with a few fluctuations due to economic situations and changing consumer preferences. The U.S., being one of the most developed countries, has been witnessing an increasing demand for ice-making machines since a long time.
Growth Factors:
- Increasing demand for ice flakers from the food and beverage industry as a result of the growing trend of using frozen desserts and drinks.
- The increasing popularity of artisanal ice creams, which require high-quality flake ice for production.
- The rising demand for flake ice in pharmaceuticals and other industrial applications due to its properties such as low temperature, non-toxicity, and purity.
- Growing investments in research & development by leading players to develop new and innovative products that can cater to specific needs of different industries.
Scope Of The Report
Report Attributes
Report Details
Report Title
Ice Flaker Market Research Report
By Type
Modular, Undercounter
By Application
Retail, Foodservice, Healthcare
By Companies
Follett, Hoshizaki Electric, Scotsman Ice Systems, The Manitowoc Company, Bionics Scientific Technologies, Brema Ice Makers, BUUS Refrigeration, Focusun Refrigeration, GEA, Howe Corporation, MAJA
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Ice Flaker Market Report Segments:
The global Ice Flaker market is segmented on the basis of:
Types
Modular, Undercounter
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Retail, Foodservice, Healthcare
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Follett
- Hoshizaki Electric
- Scotsman Ice Systems
- The Manitowoc Company
- Bionics Scientific Technologies
- Brema Ice Makers
- BUUS Refrigeration
- Focusun Refrigeration
- GEA
- Howe Corporation
- MAJA
Highlights of The Ice Flaker Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Modular
- Undercounter
- By Application:
- Retail
- Foodservice
- Healthcare
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Ice Flaker Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Ice Flaker is a mobile app that helps you keep your drinks cold and fresh.
Some of the major players in the ice flaker market are Follett, Hoshizaki Electric, Scotsman Ice Systems, The Manitowoc Company, Bionics Scientific Technologies, Brema Ice Makers, BUUS Refrigeration, Focusun Refrigeration, GEA, Howe Corporation, MAJA.
The ice flaker market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Ice Flaker Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Ice Flaker Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Ice Flaker Market - Supply Chain
4.5. Global Ice Flaker Market Forecast
4.5.1. Ice Flaker Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Ice Flaker Market Size (000 Units) and Y-o-Y Growth
4.5.3. Ice Flaker Market Absolute $ Opportunity
5. Global Ice Flaker Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Ice Flaker Market Size and Volume Forecast by Type
5.3.1. Modular
5.3.2. Undercounter
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Ice Flaker Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Ice Flaker Market Size and Volume Forecast by Application
6.3.1. Retail
6.3.2. Foodservice
6.3.3. Healthcare
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Ice Flaker Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Ice Flaker Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Ice Flaker Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Ice Flaker Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Ice Flaker Demand Share Forecast, 2019-2026
9. North America Ice Flaker Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Ice Flaker Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Ice Flaker Market Size and Volume Forecast by Application
9.4.1. Retail
9.4.2. Foodservice
9.4.3. Healthcare
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Ice Flaker Market Size and Volume Forecast by Type
9.7.1. Modular
9.7.2. Undercounter
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Ice Flaker Demand Share Forecast, 2019-2026
10. Latin America Ice Flaker Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Ice Flaker Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Ice Flaker Market Size and Volume Forecast by Application
10.4.1. Retail
10.4.2. Foodservice
10.4.3. Healthcare
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Ice Flaker Market Size and Volume Forecast by Type
10.7.1. Modular
10.7.2. Undercounter
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Ice Flaker Demand Share Forecast, 2019-2026
11. Europe Ice Flaker Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Ice Flaker Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Ice Flaker Market Size and Volume Forecast by Application
11.4.1. Retail
11.4.2. Foodservice
11.4.3. Healthcare
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Ice Flaker Market Size and Volume Forecast by Type
11.7.1. Modular
11.7.2. Undercounter
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. y Application
11.10.4. By Sales Channel
11.11. Europe Ice Flaker Demand Share, 2019-2026
12. Asia Pacific Ice Flaker Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Ice Flaker Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Ice Flaker Market Size and Volume Forecast by Application
12.4.1. Retail
12.4.2. Foodservice
12.4.3. Healthcare
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Ice Flaker Market Size and Volume Forecast by Type
12.7.1. Modular
12.7.2. Undercounter
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Ice Flaker Demand Share, 2019-2026
13. Middle East & Africa Ice Flaker Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Ice Flaker Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Ice Flaker Market Size and Volume Forecast by Application
13.4.1. Retail
13.4.2. Foodservice
13.4.3. Healthcare
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Ice Flaker Market Size and Volume Forecast by Type
13.7.1. Modular
13.7.2. Undercounter
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Ice Flaker Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Ice Flaker Market: Market Share Analysis
14.2. Ice Flaker Distributors and Customers
14.3. Ice Flaker Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Follett
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Hoshizaki Electric
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Scotsman Ice Systems
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. The Manitowoc Company
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Bionics Scientific Technologies
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Brema Ice Makers
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. BUUS Refrigeration
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Focusun Refrigeration
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. GEA
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Howe Corporation
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. MAJA
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
