Overview of the global commercial granita machines market
Market research analysts at Technavio predict that the global commercial granita machines market will grow steadily at a CAGR of over 3% by 2021. This market research analysis identifies the increasing availability of high-capacity commercial granita machines as one of the primary growth factors for this market. The high consumption of juices will trigger the need for high-output commercial beverage machines such as commercial granita machines. The demand for high-capacity commercial granita machines is expected to increase as end-users such as restaurants, catering units, and supermarkets constantly look for high-capacity commercial granita machines that can withstand heavy-duty usage.
The increasing consumer preference for non-carbonated frozen beverages is one of the latest trends that will gain traction in the commercial granita machines market in the coming years. Consumers across all demographic categories are increasingly preferring frozen beverages such as granitas, which are comparatively healthier due to the lower sugar content than other beverages. Additionally, the increasing awareness about the disadvantages of consuming carbonated beverages will also significantly stimulate the growth of the commercial granita machines market.
Competitive landscape and key vendors
The commercial granita machines market consists of both international and regional vendors. The regional players face stiff competition from established players since the established players have a strong brand /image and can offer superior-quality products. Vendors are competing in the market by introducing new products and by the addition of more features to the existing products. Additionally, they are also using innovative technologies to reduce the electricity consumption of granita machines and focusing on making it more energy-efficient.
The leading vendors in the market are -
- BUNN
- Carpigiani
- Grindmaster-Cecilware
- The Vollrath Company
The other prominent vendors in the market include Australian Slush Machines, BRAS INTERNAZIONALE, Cofrimell, ELMECO, Hermelin Handels, Omega Products International, SPM Drink Systems, Taylor Company, and Wilbur Curtis.
Segmentation by product and analysis of the commercial granita machines market
- Pourover commercial granita machines
- Liquid autofill commercial granita machines
- Powdered autofill commercial granita machines
During 2016, the pourover commercial granita machines segment accounted for the major shares of this market. The machine’s low cost and portability will contribute to the growth of this market segment in the coming years. Additionally, the absence of automatic filling systems that makes the operation much simpler with fewer moving parts will also fuel the market segment’ growth.
Geographical segmentation and analysis of the commercial granita machines market
This market study estimates that in terms of geographic regions, the Americas will be the major revenue contributor to the market by 2021. The end-users of commercial granita machines in the region are coming up with new offerings, which will in turn, fuel the market’s growth prospects. For instance, Dunkin' Donuts recently expanded its US menu by including beverages such as Frozen Dunkaccino and low-calorie smoothies such as Coolatta drinks.
Key questions answered in the report include
- What will the market size and the growth rate be in 2021?
- What are the key factors driving the global commercial granita machines market?
- What are the key market trends impacting the growth of the global commercial granita machines market?
- What are the challenges to market growth?
- Who are the key vendors in the global commercial granita machines market?
- What are the market opportunities and threats faced by the vendors in the global commercial granita machines market?
- What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
- What are the key outcomes of the five forces analysis of the global commercial granita machines market?
Technavio also offers customization on reports based on specific client requirement.
Granita machines are also called slushy or slushie machines and are used by end users such as hotels, restaurants, catering units, and supermarkets. This refreshment machine has been widely utilized in the food service sector, which is an integral part of Technavio’s food and beverage industry. The upcoming research report on the global commercial granita machines market also analyzes its growth potential by considering multiple variables such as current market size, expected demand, key drivers, and emerging trends.
By conducting a thorough analysis of key parameters such as technology, pricing, competition, and features, research analysts at Technavio shed light on the complete competitive landscape of the granita machine market. Primary and secondary research methodologies are used to accurately forecast the growth of the market, which will help the client in making the investment and product decisions. The upcoming report on the global commercial granita machines market also covers vendors like Vollrath, Omega Juicers, Wilbur Curtis, Grindmaster Cecilware, BUNN, Spaceman, Carpigiani, Cofrimell, CAB Skyline, Taylor, Daiquiri, BRAS INTERNAZIONALE.
The upcoming research report on the global commercial granita machines market also considers the growth of similar markets such as global commercial beverage dispensers market and global commercial beer dispensers market, which are expected to grow at a CAGR of 3% and 4%, respectively, for the forecast period of 2017 to 2021. The report considers geographical segmentation and analysis from Americas, EMEA, and APAC regions. Our analysts have suggested that consumer preference for non-carbonated frozen beverages is expected to drive the demand for this market.
The upcoming research report on the global commercial granita machines market also includes market intelligence parameters such as technological advancements, market landscape, consumer buying behavior and opportunities and challenges faced by the industry. The report also covers related sectors from food and beverage market such as food, non-alcoholic beverage, alcoholic beverage, food service.
Technavio also offers clients the option to customize every report to suit their specific requirements and offers attractive discounts on all upcoming reports and future purchases.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
- Global commercial granita machines market
PART 06: Market segmentation by product
- Market overview
- Global pourover commercial granita machines
- Global liquid autofill commercial granita machines market
- Global powdered autofill commercial granita machines market
PART 07: Geographical segmentation
- Overview
- Commercial granita machines market in Americas
- Commercial granita machines market in EMEA
- Commercial granita machines market in APAC
PART 08: Key leading countries
PART 09: Decision framework
PART 10: Drivers and challenges
- Market drivers
- Market challenges
PART 11: Market trends
- New product launches
- Increasing consumer preference for non-carbonated frozen beverages
- Growing market for customized commercial granita machines
PART 12: Vendor landscape
PART 13: Key vendor analysis
- BUNN
- Carpigiani
- Grindmaster-Cecilware
- The Vollrath Company
- Other prominent vendors
PART 14: Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape