Market Overview:
The global soda machine 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 factors such as rising demand for cold and hot drinks, increasing disposable income, and growing urbanization. In terms of type, the cold soda fountain segment is expected to dominate the market during the forecast period owing to its growing popularity among consumers. In terms of application, commercial segment is projected to lead the market during 2018-2030 due high demand from foodservice establishments such as restaurants and hotels.
Product Definition:
A soda machine is a vending machine that dispenses cold drinks such as sodas and juices. The importance of soda machines is that they provide a convenient way for people to buy cold drinks without having to go to a store.
Cold Soda Fountain:
Cold soda fountain is a type of automatic vending machine used in restaurants, cafes or other commercial places for selling beverages like soft drinks. The concept of cold soda fountain is quite similar to the hot one only difference being the temperature of the beverage dispensed from these machines. These are mainly used for dispensing ice-cold drinks such as carbonated soft drinks (CSD), non-carbonated CSDs and fruit juices among others.
Hot Soda Fountain:
The hot soda fountain is a mechanical device used in the manufacturing of ice cream, frozen yogurt, and sorbet. It works on the principle of super-cooling or heating milk to below its boiling point and converting it into foam. The product was patented by Charles de la Tour in 1857 under the name “Moule et feu” which means “mug and fire”.
Application Insights:
The commercial application segment dominated the global soda machine market, accounting for more than 60.0% share of the total revenue in 2017. The growth can be attributed to an increase in demand from fast food chains, restaurants and hotels for cold drinks such as Coca-Cola®, PepsiCo., Diet Coke®, Sprite® and 7-Up®. In addition, a rise in tourism is expected to boost product demand over the forecast period.
The residential application segment is projected to witness significant growth over the forecast period owing to rising disposable income among consumers across various regions including Asia Pacific and Middle East & Africa countries such as Saudi Arabia, UAE and Iran which are majorly witnessing population boom will drive consumption of home Soda Fountains or Cold drink machines thereby fueling industry expansion over the next few years.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position over the forecast period. Factors such as changing lifestyles, rising health concerns, and increasing disposable income are contributing toward regional growth. Moreover, new product launches in countries such as U.S.
Asia Pacific is projected to be one of the fastest-growing regions during the same period owing to growing population.
Growth Factors:
- Increasing demand for carbonated drinks: The global consumption of carbonated drinks is increasing at a significant rate. This is mainly due to the changing lifestyle and growing disposable income of the consumers. As a result, the demand for soda machines is also increasing as they are used to produce these types of drinks.
- Technological advancements: The technology used in soda machines has been evolving rapidly in recent years. This has led to the development of new and innovative features that are attracting more consumers towards these machines. Additionally, it has also helped reduce operational costs and improve efficiency levels.
- Growing popularity of vending services: Soda machines are often used as part of vending services which are becoming increasingly popular around the world due to their convenience and affordability factors. This is providing a major boost to the overall market growth prospects for soda machines manufacturers/suppliers worldwide .
Scope Of The Report
Report Attributes
Report Details
Report Title
Soda Machine Market Research Report
By Type
Cold Soda Fountain, Hot Soda Fountain
By Application
Residential, Commercial, Others
By Companies
Real Beverage, Shivam Chill Tech, Himalay Soda Fountain, Hindustan Soda Dispenser, New Perfect Soda Fountain Machine, Royal Vendors, Vending Solution, Bangla Corporation, VR Soda Machine, Yogvalley Vending Equipments Co., Shri Umiyaji Refrigeration (Cool Zone), Modern Refrigeration, Easy Cool Enterprise, Coin A Drink, Top Vending, Lancer, Cornelius, Manitowoc, Zikool
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Soda Machine Market Report Segments:
The global Soda Machine market is segmented on the basis of:
Types
Cold Soda Fountain, Hot Soda Fountain
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
Residential, Commercial, Others
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:
- Real Beverage
- Shivam Chill Tech
- Himalay Soda Fountain
- Hindustan Soda Dispenser
- New Perfect Soda Fountain Machine
- Royal Vendors
- Vending Solution
- Bangla Corporation
- VR Soda Machine
- Yogvalley Vending Equipments Co.
- Shri Umiyaji Refrigeration (Cool Zone)
- Modern Refrigeration
- Easy Cool Enterprise
- Coin A Drink
- Top Vending
- Lancer
- Cornelius
- Manitowoc
- Zikool
Highlights of The Soda Machine 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:
- Cold Soda Fountain
- Hot Soda Fountain
- By Application:
- Residential
- Commercial
- Others
- 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 Soda Machine 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.
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- Correctly Positioning New Products
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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?
A soda machine is a device used to make carbonated soft drinks.
Some of the major companies in the soda machine market are Real Beverage, Shivam Chill Tech, Himalay Soda Fountain, Hindustan Soda Dispenser, New Perfect Soda Fountain Machine, Royal Vendors, Vending Solution, Bangla Corporation, VR Soda Machine, Yogvalley Vending Equipments Co., Shri Umiyaji Refrigeration (Cool Zone), Modern Refrigeration, Easy Cool Enterprise, Coin A Drink, Top Vending, Lancer, Cornelius, Manitowoc, Zikool.
The soda machine market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Soda Machine 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. Soda Machine Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Soda Machine Market - Supply Chain
4.5. Global Soda Machine Market Forecast
4.5.1. Soda Machine Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Soda Machine Market Size (000 Units) and Y-o-Y Growth
4.5.3. Soda Machine Market Absolute $ Opportunity
5. Global Soda Machine 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. Soda Machine Market Size and Volume Forecast by Type
5.3.1. Cold Soda Fountain
5.3.2. Hot Soda Fountain
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Soda Machine 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. Soda Machine Market Size and Volume Forecast by Application
6.3.1. Residential
6.3.2. Commercial
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Soda Machine 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. Soda Machine 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 Soda Machine 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. Soda Machine 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 Soda Machine Demand Share Forecast, 2019-2026
9. North America Soda Machine 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 Soda Machine 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 Soda Machine Market Size and Volume Forecast by Application
9.4.1. Residential
9.4.2. Commercial
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Soda Machine Market Size and Volume Forecast by Type
9.7.1. Cold Soda Fountain
9.7.2. Hot Soda Fountain
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 Soda Machine Demand Share Forecast, 2019-2026
10. Latin America Soda Machine 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 Soda Machine 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 Soda Machine Market Size and Volume Forecast by Application
10.4.1. Residential
10.4.2. Commercial
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Soda Machine Market Size and Volume Forecast by Type
10.7.1. Cold Soda Fountain
10.7.2. Hot Soda Fountain
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 Soda Machine Demand Share Forecast, 2019-2026
11. Europe Soda Machine 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 Soda Machine 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 Soda Machine Market Size and Volume Forecast by Application
11.4.1. Residential
11.4.2. Commercial
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Soda Machine Market Size and Volume Forecast by Type
11.7.1. Cold Soda Fountain
11.7.2. Hot Soda Fountain
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. By Applcation
11.10.4. By Sales Channel
11.11. Europe Soda Machine Demand Share, 2019-2026
12. Asia Pacific Soda Machine 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 Soda Machine 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 Soda Machine Market Size and Volume Forecast by Application
12.4.1. Residential
12.4.2. Commercial
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Soda Machine Market Size and Volume Forecast by Type
12.7.1. Cold Soda Fountain
12.7.2. Hot Soda Fountain
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 Soda Machine Demand Share, 2019-2026
13. Middle East & Africa Soda Machine 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 Soda Machine 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 Soda Machine Market Size and Volume Forecast by Application
13.4.1. Residential
13.4.2. Commercial
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Soda Machine Market Size and Volume Forecast by Type
13.7.1. Cold Soda Fountain
13.7.2. Hot Soda Fountain
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 Soda Machine Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Soda Machine Market: Market Share Analysis
14.2. Soda Machine Distributors and Customers
14.3. Soda Machine Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Real Beverage
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Shivam Chill Tech
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Himalay Soda Fountain
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Hindustan Soda Dispenser
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. New Perfect Soda Fountain Machine
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Royal Vendors
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Vending Solution
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Bangla Corporation
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. VR Soda Machine
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Yogvalley Vending Equipments Co.
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Shri Umiyaji Refrigeration (Cool Zone)
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Modern Refrigeration
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Easy Cool Enterprise
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Coin A Drink
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Top Vending
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Lancer
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Cornelius
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Manitowoc
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Zikool
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