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Beverage Dispenser Market Ongoing Forecast Study On To Map Its Growth For Forecast Period 2018 – 2026
Beverage Dispenser Market – OverviewBeverage dispensers are the devices used to dispense a drink/ beverage into the glass or container. This device is used to dispense water, carbonated drinks, slush drinks, soft drinks, coffee, tea, etc. Beverage dispensers are automatic machines that run on battery and electricity; some machines are operated manually. These machines have separate drums for the beverages to avoid the mixing of the drinks. Beverage dispensers can be automatically set to dispense the exact quantity of drink to avoid spillage in the machines.
Increase in urban population has led to growth in the use of beverage dispensers. People carry small beverage dispensers with them while on vacation. Development and growth of urban areas has resulted in the opening of more bars, hotels, resturantants, fast food joints, pizzerias, snack shops, etc. People are now spending more on food and recreational activities due to increasing disposable income. Currently, some beverage dispensers come with self-clean technology in which the machine gets cleaned automatically after dispensing certain amount of drink or number of glasses. With development of technology and to decrease dependence, some automatic machines are installed in which people can instruct the machine to dispense the drink by themselves. These machine are durable and can be used for many years especially during festivals.
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Beverage Dispenser Market – Drivers and Restraints
Specific features and advantages of beverage dispensers are projected to increase the demand for the product. Stainless steel containers are corrosion resistant which increases the durability of the product and decreases the repair and maintenance cost. Plastic containers in dispensers are easy to carry and lightweight. Some machines have refrigerators which keep the drink cold and fresh.
However, certain restraints and disadvantages of beverage dispensers can impact their demand. Beverage dispensing machines should always be kept clean to avoid dust and to protect them from disease breeding organisms. Ideally, the machine should have self-clean technology to avoid any contact with the germs and bacteria. Low quality plastic may be used by some manufacturers to decrease the cost of the beverage dispenser; however, these plastic dispensers can adversely affect the health of the people. Some dispensers may leave some of the drink (after dispensing) in the glass which can result in wastage of the beverage. Regular cleaning of the machine is vital though it may increase the operation cost. These factors are anticipated to decrease the demand for beverage dispensers during the forecast period.
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Beverage Dispenser Market – Segmentation
The global beverage dispenser market can be segmented based on product type, beverage, material, component, application, and region. Based on product type, the beverage dispenser market can be classified into refrigerated dispenser, uninsulated dispenser, insulated dispenser, and others (vintage dispenser, magic tap dispenser, etc.). In terms of beverage type, the market can be segmented into alcoholic, non-alcoholic, and dairy. Based on material, the beverage dispenser market can be categorized into stainless steel, glass and acrylic, plastic, and others. In terms of component, the global beverage dispenser market can be classified into filtration, blend & mixing, heat exchange, and carbonated. Based on application, the beverage dispenser market can be categorized into food chains, stadiums, hospitality & retail, hotels & bars, theatres, and others (casinos, clubs, etc.). Based on region, the beverage dispenser market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
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Some of the key players in the global beverage dispenser market are Rosseto Serving Solutions, Lancer Beer Systems, Cornelius, Inc., The Godrej Group, Berg Company, LLC, Edward Don & Company, Pilot (Changzhou) Electronic Co., Ltd, Manitowoc Foodservice Companies, Inc., Frozen Beverage Dispensers, and Follett LLC.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
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