Enjoy complimentary customisation on priority with our Enterprise License!
The commercial beverage dispensers market size is forecast to increase by USD 196.9 million, at a CAGR of 4.36% between 2023 and 2028. Market growth is driven by several factors, including the emphasis on maintaining beverages at safe serving temperatures, the expanding online presence of vendors offering commercial beverage dispensers, and the rising number of food service establishments. These elements contribute to market expansion by meeting hygiene standards, enhancing convenience in purchasing options, and supporting the growth of hospitality and food service sectors. The demand for efficient beverage dispensing solutions underscores their role in improving operational efficiency and customer satisfaction. As businesses increasingly adopt digital platforms for procurement and expand their service offerings, the market for commercial beverage dispensers continues to evolve, catering to diverse consumer needs and preferences. This dynamic environment underscores the pivotal role of these factors in shaping the market landscape and driving innovation in beverage service solutions.
Market Forecast 2024-2028
To learn more about this market report, Request Free Sample
Commercial beverage dispensers are essential equipment for various foodservice businesses, including restaurants, cafes, bars, hotels, convenience marts, entertainment hubs, and more. These dispensers offer a wide range of beverage options, from fountain dispensers for sodas and juices to special beverage dispensers for fruit-infused water and natural teas. The market for commercial beverage dispensers is thriving due to the increasing demand from the foodservice industry. Food service businesses value the user-friendliness of these dispensers, which allow for easy serving and refilling. The retail sector, including convenience shops, malls, recreational locations, and fast food restaurants, also heavily rely on commercial beverage dispensers to offer a wide selection of drinks to their customers. The convenience of having multiple drink options available at once, along with the health benefits of some beverages like fruit-infused water and natural teas, is a significant draw for consumers. Workplaces and dining establishments also use commercial beverage dispensers for catering events and employee break rooms. Bottles and containers are essential components of commercial beverage dispensers, ensuring the freshness and quality of the beverages served. However, health issues related to sugary drinks and artificial additives have led to a growing trend towards offering healthier beverage options in these dispensers. Overall, the commercial beverage dispenser market is expected to continue growing due to the increasing demand for convenient and healthier beverage options in various industries.
Globally, different kinds of beverages are included in the menus of food service establishments, mainly while delivering buffet and catering services. Commercial beverage dispensers are the primary means of serving beverages and allow storage of beverages, which need to be supplied, at the optimum temperature level. However, catering companies or food service establishments require these dispensers to detour the ongoing preparation of beverages. Also, the use of such dispensers allows them to prepare hot and cold beverages just before peak serving time and store them in dispensers.
In addition, during buffet and catering occasions, food retailers deliver beverages like juices, lemonades, slushies, soda drinks, tea, coffee, and other frozen drinks. The continuous preparation of these beverages expands their operating and labour costs for them and the portability of commercial beverage dispensers allows end-users, such as catering services, to deliver easy access to the beverages that the customers want. Such factors will accelerate the growth momentum of the global commercial beverage dispenser market during the forecast period.
The end-users, such as food service establishments, theatres, amusement parks, and others, are emphasizing investing in equipment that improves the overall experience of the customers. Consequently, some of the vendors also focusing on developing new models of commercial beverage dispensers. For instance, THE COCA-COLA COMPANY launched a new commercial beverage dispenser model, Freestyle 9100. The new equipment features an innovative touchscreen and Bluetooth connectivity which allows the consumers to connect to the Freestyle mobile application while entering the outlet.
However, such factors help consumers in choosing their soft drinks without the need for any time constraints. Therefore, a growing number of companies will primarily focus on developing soft drink dispensers with advanced connectivity options would accelerate the growth momentum of the commercial beverage dispenser market during the forecast period.
Ranging from 10 years to 30 years, the lifecycle of most hot and cold water dispensers is high. Consequently, they are replaced after long periods and the replacement cycle of such products is low as they are good quality products and can endure prolonged use with minimum but regular maintenance.
However, some hot and cold water dispensers are costly and are considered one-time expenditures, while most branded products are durable and are of a superior build. Thus, consumers have had to spend only a minimal amount on maintenance and cleaning of the device over the years. In addition, they do not need to replace the product entirely on a frequent basis. Thus, the rare need for purchasing and replacing commercial beverage dispensers may hamper the growth of the global market in focus during the forecast period.
The refrigerated segment will account for a major share of the market's growth during the forecast period. Commercial refrigerated beverage dispensers are used to keep pre-made beverages cool for a required time.
Get a Customised Report as per your requirements for FREE!
The refrigerated segment was valued at USD 711.80 million in 2018. The increasing preference for chilled beverages and the need to preserve them at an optimum temperature are factors that drive the commercial refrigerated beverage dispensers market. The food service industry, including restaurants, cafes, bars, and hotels, has been experiencing growth. The demand for refrigerated beverage dispensers rises as these establishments develop their beverage offerings and focus on convenience for customers.
For more insights on the market share of various regions View PDF Sample now!
APAC is estimated to contribute 37% to the growth by 2028. Technavio’s analysts have elaborately explained the regional trends, drivers, and challenges that are expected to shape the market during the forecast period. Europe is another region offering significant growth opportunities to companies. Numerous beverage options are available in a vast variety of flavours and structures that are appropriate for different occurrences in Europe. For instance, low-calorie soft drinks are gaining popularity in the European market as it is part of a calorie-controlled diet. One of the conventional and mature beer markets in this region is Germany. German beer drinkers are becoming more open to craft beers such as Indian Pale Ales or other pale ales with the changing preferences.
In addition, craft beers are emerging as premium offerings, and Europeans are willing to spend more on these beers than on packaged beers. Europe is increasingly launching new craft beers globally. Craft beers are poured through commercial beverage dispensers. The rising consumer preference for such types of beverages will drive commercial beverage dispenser demands from establishments during the forecast period.
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Ali Group S.r.l. a Socio Unico - The company offers commercial beverage dispensers under the brand Welbilt Inc.
We also have detailed analyses of the market’s competitive landscape and offer information on 20 market companies, including:
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.
Technavio report provides an in-depth analysis of the market and its players through combined qualitative and quantitative data. The analysis classifies companies into categories based on their business approaches, including pure-play, category-focused, industry-focused, and diversified. Companies are specially categorized into dominant, leading, strong, tentative, and weak, based on their quantitative data analysis.
The market research and growth report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million " for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
You may also interested in below market reports:
Quenching the Thirst of Foodservice Industries Commercial beverage dispensers have become essential equipment for foodservice businesses, including restaurants, cafes, bars, hotels, convenience marts, entertainment hubs, and more. These establishments serve a wide range of beverages, from smoothies and slushies to frozen cocktails, catering to diverse customer preferences. High capacity models and high-tech models are popular choices for businesses, offering automated portion control and IoT integration, making service more efficient. Small businesses and start ups also benefit from these advanced beverage dispensers. Electric beverage dispensers and plastic, glass, and metal models are common choices due to their user-friendliness and affordability.
Further, fountain dispensers are popular in the retail sector, including convenience shops, malls, recreational locations, fast food restaurants, pizzerias, and snack shops. Self-cleaning technology and automated gadgets ensure food safety and ease of maintenance. Digital techniques, such as mobile apps, enhance the user experience. Non-alcoholic beverages are the primary focus, but some special beverage dispensers can serve alcoholic beverages as well. Materials like acrylic and glass add to the aesthetic appeal of these dispensers. Overall, commercial beverage dispensers play a crucial role in the foodservice industry, offering convenience, efficiency, and a wide range of beverage options.
Industry Scope |
|
Report Coverage |
Details |
Page number |
174 |
Base year |
2023 |
Historic period |
2018 - 2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.36% |
Market growth 2024-2028 |
USD 196.9 million |
Market structure |
Fragmented |
YoY growth 2023-2024(%) |
4.11 |
Regional analysis |
Europe, APAC, North America, South America, and Middle East and Africa |
Performing market contribution |
APAC at 37% |
Key countries |
US, China, UK, Germany, and Australia |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
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. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, Market growth and Forecasting, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for market forecasting period |
Customization purview |
If our market growth analysis report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this market research report to meet your requirements. Get in touch
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Material
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.