Beverage Dispenser Equipment Market Size Report 2022-2028

The global beverage dispenser equipment market size was valued at USD 14,836.7 million in 2021 and is poised to grow at a significant CAGR of 6.9% during the forecast period 2022-28. The beverage dispenser industry is fast evolving in terms of implementing digital methods and techniques to improve variables such as food and labor safety. However, to achieve this, a large enough skilled labor must be available to make optimum use of the existing equipment. Furthermore, as compared to traditional beverage dispensers, automatic beverage dispensers have higher installation and running expenses, resulting in a prolonged payback period, limiting market growth soon.

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The Semi-Automatic Segment Dominates the Beverage Dispenser Equipment Market
The semi-automatic sector holds the highest technological share and is expected to dominate the worldwide market due to its ease of use. The automatic category, on the other hand, is expected to develop at the fastest CAGR throughout the anticipated period due to increased use of automation, which includes features such as beverage temperature, sell-out volume, and out of stock alerts.

The global beverage dispenser equipment market segmentation:

By Beverage Type: Alcoholic and Non-Alcoholic
By Technology: Automatic, Semi-Automatic, and Manual
By Product Type: Soft Drink/Cold drink Dispenser, Water Dispenser, Juice Dispenser, Coffee/Tea Dispenser, and Beer & Wine Dispenser
By End User: Hotel, Bar & Pub, Restaurants & Coffee shop, Cinema, and Others
Asia-Pacific Leads Beverage Dispenser Equipment Market
Due to the rapid development of the food and beverage industry and growing interest in various health drinks, Asia Pacific will have the largest regional market in 2022. Because of rising alcoholic beverage consumption among youth paired with a trend toward a modern lifestyle, North America is anticipated to have the highest CAGR over the forecast period and will continue to expand at a modest CAGR from 2020 to 2028 owing to technological advancements and new launches.

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Key player’s profile in the beverage dispenser equipment market report are Manitowoc Foodservice Companies, Inc, Cornelius, Inc, FBD Frozen Beverage Dispensers, Follett LLC, Lancer BLVD, Bras Internationale SPA, Danby Products Ltd, Cambro Manufacturing, Co., BUNN, and Dometic Group AB.

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