Global Residential Ice-Cream Machines Market Is Likely to Experience a Tremendous Growth by 2028

The global residential ice-cream machine market is anticipated to grow at a CAGR of 5.8 % during the forecast period (2022-2028). The global residential ice-cream machine market is growing due to the increasing disposable income in developing countries coupled with the rise in urbanization. The increasing consumer expenditure on appliances is also supporting market growth during the forecast period.

Furthermore, the changing lifestyle of the consumer, rising demand for stylish and convenient appliances that complement their living standards, rising demand for energy-efficient appliances which can store ice-cream at their ideal temperature, rise in demand for smart appliances are the factors contributing the growth of the market over the forecast period. The residential ice-cream machine is also high in demand as it uses electricity and limits the use of a normal fridge for storing ice-cream, which makes the electric residential ice- cream machine the healthiest way to store them at an ideal temperature. With the increasing number of events, such as parties, camping, social gatherings, and others, are growing demand for residential ice-cream machine.

The rising demand of consumers to use technologically advanced equipment which is multipurpose and hassle-free and also helps them to manage their kitchen chores providing lucrative growth to the residential ice-cream machine market. Additionally, the increasing adoption of technology-driven premium kitchen appliances and smart kitchen appliances is also boosting the growth of the market. Furthermore, the increasing television cook programs and online videos for making different types of desserts and the consumer inclination towards trying those dishes in their home are further expected to propel the growth of the residential ice-cream machine market during the forecast period.

Some major players in the market include C Unilever Group, Nestle S.A., General Mills, Inc., Mars, Blue Bell Creameries, Lotte Confectionery, and Wells Dairy Inc. among others. The market players are also contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market. For instance, in January 2021, Coconut Bliss, a leading brand of plant-based frozen desserts launched their first-ever at-home ice cream machine, the Bliss Maker. The development of the Bliss Maker was a direct response to growing consumer interest for at-home experiences amidst the pandemic. Along with the Bliss Maker, the brand unveiled two Coconut Bliss soft serve mixes, Dark Chocolate and Madagascan Vanilla, that provide consumers the same quality ingredients, creamy texture, and "OMG it's vegan?" taste, from the comfort of their own homes.

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Market Coverage
• The market number available for - 2022-2028
• Base year- 2021
• Forecast period- 2022-2028

• Segment Covered-
o By Type
o By Application

• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World

• Competitive Landscape- Unilever Group, Nestle S.A., General Mills, Inc., Mars, Blue Bell Creameries, Lotte Confectionery, Wells Dairy Inc., among others.

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Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

A full report of Global Residential Ice-Cream Machines Market is available at:
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Global Residential Ice-Cream Machines Market Report by Segment

By Type
• 6-Quart Residential Ice-Cream Machines
• 4-Quart Residential Ice-Cream Machines
• 2-Quart Residential Ice-Cream Machines

By Form
• Online Store
• Offline Store

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This release was published on openPR.