Technavio has been monitoring the global commercial soft-serve machines market size and it is poised to grow by USD 142.64 million during 2020-2024, progressing at a CAGR of 4% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Ali Group Srl, BRAVO Spa, Gram Equipment AS, Huangshi Dongbei Refrigeration Co. Ltd., SANISERV, Shenzhen Oceanpower Food Equipment Tech Co. Ltd., Spaceman Ice Systems Co. Ltd., Stoelting Foodservice Equipment, Taylor Co., and Tetra Laval International SA are some of the major market participants. The growing inclination toward frozen yogurts will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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The growing inclination toward frozen yogurts has been instrumental in driving the growth of the market. However, the growing market for pre-used commercial soft-serve machines might hamper market growth.
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Commercial Soft-Serve Machines Market 2020-2024: Segmentation
Commercial Soft-Serve Machines Market is segmented as below:
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Commercial Soft-Serve Machines Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The commercial soft-serve machines market report covers the following areas:
This study identifies the availability of commercial soft-serve machines with improved features as one of the prime reasons driving the commercial soft-serve machine market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.
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Commercial Soft-Serve Machines Market 2020-2024: Key Highlights
Table of Contents:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Type
Customer Landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
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