Beverage Dispenser Equipment Market 2022 Key Insights Based on Product Type, Technology, End-user and Regional Demand 2028
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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.
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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Strategic New Product Launches, Mergers, Acquisitions and Agreements are the key strategies adopted by market players:
The global beverage dispenser equipment market further reveals that the key players increasingly adopting strategies such as launch of newer products, product launches, and long-term alliance to improve market revenue share and gaining significant geographic presence across the region. For instance, In March 2021, Celli Group is announced that it has finalized an agreement with Cornelius Beverage Technologies Ltd. for the acquisition of a package of beer dispensing products and accessories in the United Kingdom, Germany, and other European countries. In June 2021, Miso Robotics, the startup transforming the foodservice industry with Intelligent Automation - announced its partnership with Lancer Worldwide - a global beverage dispenser manufacturer trusted by the world's top food and beverage brands - to build an intelligence backed, automated beverage dispenser that will bring enhanced functionality for a future-focused commercial kitchen.
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Based on the Beverage Type, the market is segmented into the following:
Based on the Technology, the market is segmented into the following:
Based on the Product Type, the market is segmented into the following:
• Soft Drink/Cold drink Dispenser
• Water Dispenser
• Juice Dispenser
• Coffee/Tea Dispenser
• Beer & Wine Dispenser
Based on the End User, the market is segmented into the following:
• Bar & Pub
• Restaurants & Coffee shop
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