The Europe Ice Maker Market would witness market growth of 4.2% CAGR during the forecast period (2022-2028).
An increase in life expectancy has propelled the healthcare business. For cold compression therapy, a large quantity of ice is required. Increasing need for ice in the healthcare and pharmaceutical industries for dead bodies and facilitating rehabilitation operations. Increasing knowledge and acceptance of cryotherapy, known as cold therapy, drives the Ice Maker market growth over the forecast period.
The rapid expansion of the seafood and meat food processing industries, where ice is utilized to keep raw components and final products frozen and fresh, is anticipated to fuel the growth of the ice maker market. In addition, the prominence of presentation drinks, cocktails, and ice usage in bars and upscale restaurants is anticipated to contribute to the market's growth. Furthermore, changing lifestyles and high disposable income have also contributed to the rise of fast-food chains. These considerations are driving the expansion of the ice maker market.
In 2019, the United Kingdom established a biopharmaceutical sector with an annual revenue of €36,7 billion and a service & supply chain business worth €18,4 billion. The robust pharmaceutical industry in the region, home to several significant pharmaceutical companies, is expected to increase demand for packaging & transportation resources for temperature-sensitive pharmaceuticals. This increases the demand for ice makers in the region's healthcare industry. Chain stores are commonly present in the United Kingdom. The most prevalent and well-liked by customers are standalone establishments. The growing penetration of quick-service restaurants is further predicted to support the growth of the regional market.
The Germany market dominated the Europe Ice Maker Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $207.1 Million by 2028. The UK market is anticipated to grow at a CAGR of 3.4% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 5% during (2022 - 2028).
Based on Application, the market is segmented into Food Service, Food Processing, Healthcare, Retail Outlets and Others. Based on Product Type, the market is segmented into Modular, Undercounter, Countertop and Ice Dispensers. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Ice Maker Market will Hit $3.1 Billion by 2028, at a CAGR of 4.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include MiddleBy Corporation, Hoshizaki Corporation, Manitowoc, Inc. (Pentair plc), U.S. Ice Machine Manufacturing Co., A & V Refrigeration, Ali Group S.r.l., Cornelius, Inc. (Marmon Foodservice Technologies, Inc.) (Berkshire Hathaway, Inc.), Howe Corporation, North Star Ice Equipment Corporation and Whynter LLC.
Scope of the Study
Market Segments Covered in the Report:
By Application
- Food Service
- Food Processing
- Healthcare
- Retail Outlets
- Others
By Product Type
- Modular
- Undercounter
- Countertop
- Ice Dispensers
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- MiddleBy Corporation
- Hoshizaki Corporation
- Manitowoc, Inc. (Pentair plc)
- U.S. Ice Machine Manufacturing Co.
- A & V Refrigeration
- Ali Group S.r.l.
- Cornelius, Inc. (Marmon Foodservice Technologies, Inc.) (Berkshire Hathaway, Inc.)
- Howe Corporation
- North Star Ice Equipment Corporation
- Whynter LLC
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Ice Maker Market, by Application
1.4.2 Europe Ice Maker Market, by Product Type
1.4.3 Europe Ice Maker Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Europe Ice Maker Market by Application
3.1 Europe Food Service Market by Country
3.2 Europe Food Processing Market by Country
3.3 Europe Healthcare Market by Country
3.4 Europe Retail Outlets Market by Country
3.5 Europe Others Market by Country
Chapter 4. Europe Ice Maker Market by Product Type
4.1 Europe Modular Market by Country
4.2 Europe Undercounter Market by Country
4.3 Europe Countertop Market by Country
4.4 Europe Ice Dispensers Market by Country
Chapter 5. Europe Ice Maker Market by Country
5.1 Germany Ice Maker Market
5.1.1 Germany Ice Maker Market by Application
5.1.2 Germany Ice Maker Market by Product Type
5.2 UK Ice Maker Market
5.2.1 UK Ice Maker Market by Application
5.2.2 UK Ice Maker Market by Product Type
5.3 France Ice Maker Market
5.3.1 France Ice Maker Market by Application
5.3.2 France Ice Maker Market by Product Type
5.4 Russia Ice Maker Market
5.4.1 Russia Ice Maker Market by Application
5.4.2 Russia Ice Maker Market by Product Type
5.5 Spain Ice Maker Market
5.5.1 Spain Ice Maker Market by Application
5.5.2 Spain Ice Maker Market by Product Type
5.6 Italy Ice Maker Market
5.6.1 Italy Ice Maker Market by Application
5.6.2 Italy Ice Maker Market by Product Type
5.7 Rest of Europe Ice Maker Market
5.7.1 Rest of Europe Ice Maker Market by Application
5.7.2 Rest of Europe Ice Maker Market by Product Type
Chapter 6. Company Profiles
6.1 Hoshizaki Corporation
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Product Category and Regional Analysis
6.1.4 Research & Development Expenses
6.1.5 Recent strategies and developments:
6.1.5.1 Partnerships, Collaborations, and Agreements:
6.1.5.2 Acquisition and Mergers:
6.2 The MiddleBy Corporation
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Segmental and Regional Analysis
6.2.4 Research & Development Expense
6.2.5 Recent strategies and developments:
6.2.5.1 Acquisition and Mergers:
6.3 Manitowoc, Inc. (Pentair plc)
6.3.1 Company Overview
6.3.2 Financial Analysis
6.3.3 Segmental and Regional Analysis
6.3.4 Research & Development Expenses
6.3.5 Recent strategies and developments:
6.3.5.1 Product Launches and Product Expansions:
6.4 Cornelius, Inc. (Marmon Foodservice Technologies, Inc.) (Berkshire Hathaway, Inc.)
6.4.1 Company Overview
6.4.2 Financial Analysis
6.4.3 Segmental and Regional Analysis
6.5 Ali Group S.r.l.
6.5.1 Company Overview
6.5.2 Recent strategies and developments:
6.5.2.1 Acquisition and Mergers:
6.6 U.S. Ice Machine Manufacturing Co.
6.6.1 Company Overview
6.7 A&V Refrigeration
6.7.1 Company Overview
6.8 Howe Corporation
6.8.1 Company Overview
6.9 North Star Ice Equipment Corporation
6.9.1 Company Overview
6.10. Whynter LLC
6.10.1 Company Overview
TABLE 1 Europe Ice Maker Market, 2018 - 2021, USD Million
TABLE 2 Europe Ice Maker Market, 2022 - 2028, USD Million
TABLE 3 Europe Ice Maker Market by Application, 2018 - 2021, USD Million
TABLE 4 Europe Ice Maker Market by Application, 2022 - 2028, USD Million
TABLE 5 Europe Food Service Market by Country, 2018 - 2021, USD Million
TABLE 6 Europe Food Service Market by Country, 2022 - 2028, USD Million
TABLE 7 Europe Food Processing Market by Country, 2018 - 2021, USD Million
TABLE 8 Europe Food Processing Market by Country, 2022 - 2028, USD Million
TABLE 9 Europe Healthcare Market by Country, 2018 - 2021, USD Million
TABLE 10 Europe Healthcare Market by Country, 2022 - 2028, USD Million
TABLE 11 Europe Retail Outlets Market by Country, 2018 - 2021, USD Million
TABLE 12 Europe Retail Outlets Market by Country, 2022 - 2028, USD Million
TABLE 13 Europe Others Market by Country, 2018 - 2021, USD Million
TABLE 14 Europe Others Market by Country, 2022 - 2028, USD Million
TABLE 15 Europe Ice Maker Market by Product Type, 2018 - 2021, USD Million
TABLE 16 Europe Ice Maker Market by Product Type, 2022 - 2028, USD Million
TABLE 17 Europe Modular Market by Country, 2018 - 2021, USD Million
TABLE 18 Europe Modular Market by Country, 2022 - 2028, USD Million
TABLE 19 Europe Undercounter Market by Country, 2018 - 2021, USD Million
TABLE 20 Europe Undercounter Market by Country, 2022 - 2028, USD Million
TABLE 21 Europe Countertop Market by Country, 2018 - 2021, USD Million
TABLE 22 Europe Countertop Market by Country, 2022 - 2028, USD Million
TABLE 23 Europe Ice Dispensers Market by Country, 2018 - 2021, USD Million
TABLE 24 Europe Ice Dispensers Market by Country, 2022 - 2028, USD Million
TABLE 25 Europe Ice Maker Market by Country, 2018 - 2021, USD Million
TABLE 26 Europe Ice Maker Market by Country, 2022 - 2028, USD Million
TABLE 27 Germany Ice Maker Market, 2018 - 2021, USD Million
TABLE 28 Germany Ice Maker Market, 2022 - 2028, USD Million
TABLE 29 Germany Ice Maker Market by Application, 2018 - 2021, USD Million
TABLE 30 Germany Ice Maker Market by Application, 2022 - 2028, USD Million
TABLE 31 Germany Ice Maker Market by Product Type, 2018 - 2021, USD Million
TABLE 32 Germany Ice Maker Market by Product Type, 2022 - 2028, USD Million
TABLE 33 UK Ice Maker Market, 2018 - 2021, USD Million
TABLE 34 UK Ice Maker Market, 2022 - 2028, USD Million
TABLE 35 UK Ice Maker Market by Application, 2018 - 2021, USD Million
TABLE 36 UK Ice Maker Market by Application, 2022 - 2028, USD Million
TABLE 37 UK Ice Maker Market by Product Type, 2018 - 2021, USD Million
TABLE 38 UK Ice Maker Market by Product Type, 2022 - 2028, USD Million
TABLE 39 France Ice Maker Market, 2018 - 2021, USD Million
TABLE 40 France Ice Maker Market, 2022 - 2028, USD Million
TABLE 41 France Ice Maker Market by Application, 2018 - 2021, USD Million
TABLE 42 France Ice Maker Market by Application, 2022 - 2028, USD Million
TABLE 43 France Ice Maker Market by Product Type, 2018 - 2021, USD Million
TABLE 44 France Ice Maker Market by Product Type, 2022 - 2028, USD Million
TABLE 45 Russia Ice Maker Market, 2018 - 2021, USD Million
TABLE 46 Russia Ice Maker Market, 2022 - 2028, USD Million
TABLE 47 Russia Ice Maker Market by Application, 2018 - 2021, USD Million
TABLE 48 Russia Ice Maker Market by Application, 2022 - 2028, USD Million
TABLE 49 Russia Ice Maker Market by Product Type, 2018 - 2021, USD Million
TABLE 50 Russia Ice Maker Market by Product Type, 2022 - 2028, USD Million
TABLE 51 Spain Ice Maker Market, 2018 - 2021, USD Million
TABLE 52 Spain Ice Maker Market, 2022 - 2028, USD Million
TABLE 53 Spain Ice Maker Market by Application, 2018 - 2021, USD Million
TABLE 54 Spain Ice Maker Market by Application, 2022 - 2028, USD Million
TABLE 55 Spain Ice Maker Market by Product Type, 2018 - 2021, USD Million
TABLE 56 Spain Ice Maker Market by Product Type, 2022 - 2028, USD Million
TABLE 57 Italy Ice Maker Market, 2018 - 2021, USD Million
TABLE 58 Italy Ice Maker Market, 2022 - 2028, USD Million
TABLE 59 Italy Ice Maker Market by Application, 2018 - 2021, USD Million
TABLE 60 Italy Ice Maker Market by Application, 2022 - 2028, USD Million
TABLE 61 Italy Ice Maker Market by Product Type, 2018 - 2021, USD Million
TABLE 62 Italy Ice Maker Market by Product Type, 2022 - 2028, USD Million
TABLE 63 Rest of Europe Ice Maker Market, 2018 - 2021, USD Million
TABLE 64 Rest of Europe Ice Maker Market, 2022 - 2028, USD Million
TABLE 65 Rest of Europe Ice Maker Market by Application, 2018 - 2021, USD Million
TABLE 66 Rest of Europe Ice Maker Market by Application, 2022 - 2028, USD Million
TABLE 67 Rest of Europe Ice Maker Market by Product Type, 2018 - 2021, USD Million
TABLE 68 Rest of Europe Ice Maker Market by Product Type, 2022 - 2028, USD Million
TABLE 69 Key Information – Hoshizaki Corporation
TABLE 70 key Information – MiddleBy Corporation
TABLE 71 Key Information – Manitowoc, Inc.
TABLE 72 Key Information – Cornelius, Inc.
TABLE 73 Key Information – Ali Group S.r.l.
TABLE 74 Key Information – U.S. Ice Machine Manufacturing Co.
TABLE 75 Key Information – A&V Refrigeration
TABLE 76 Key Information – Howe Corporation
TABLE 77 Key Information – North Star Ice Equipment Corporation
TABLE 78 Key Information – Whynter LLC
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: Hoshizaki Corporation