Europe Raw Milk Vending Machine Market Estimated to Expand at a Robust CAGR over 2024
Increasing Milk Consumption and Plummeting Prices to Have Positive Impact on Sales
The positive impact on the rise of the raw milk vending machines market is being created by the plummeting milk prices and the soaring milk production. “The total milk production in Europe approximated 216 mn tons in 2013,” says a TMR analyst. The decline in the average price of milk and rising production levels have created an unprofitable situation for milk farmers. This will consequently lead them to explore alternative revenue methods. More farmers are thus investing in raw milk vending machines as they eliminate the need for middlemen by directly catering to the customers.
View and Download TOC of Europe Raw Milk Vending Machine Market Research Report@ https://www.transparencymarketresearch.com/report-toc/10187
The raw milk vending machines market is also likely to be boosted by the increasing consumption of milk due to growing awareness about its health benefits. Furthermore, indirect consumption of milk through chocolates, cheese, butter, and ice-creams are also poised to add to the escalation of milk sale in the near future, thereby complementing the installations of raw milk vending machines.
Fear of Bacterial Growth and Food Poisoning act as Impeders
The milk vending machine market in Europe does face restrictions such as the possibility of bacterial growth in milk containers. Studies have evidenced that raw milk is easily susceptible to the growth of Salmonella spp., M. Bovis, B. melitensis, and TBEV amongst others. Owing to these reasons, the high chance of food poisoning due to consumption of raw milk from vending machines is adversely impacting sales.
Request and Download Sample Report@ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=10187
The possibility of selling other dairy products such as buttermilk, yogurt, cheese, and chocolate through these vending machines does, however, open up new avenues for growth. Thus, vending machine manufacturers are looking at adding additional compartments to sell other milk-related items, which have a fairly longer shelf life. Furthermore, vegetables can also be sold through these kiosks as they are refrigerated. The growing demand for convenient shopping options across Europe will create several opportunities for this market.
Three companies collectively rake in a sizeable portion of revenues in the Europe raw milk vending machines market, limiting the scope for new entrants to thrive, reports Transparency Market Research in a new study. The three leaders, DF Italia S.R.L, Brunimat GmbH, and ProMeteA S.R.L, held 86.6% of the market in 2015.
However, both large and small players are now focusing on strengthening their dealer network and adding value to their product portfolios to attract a wider consumer base. Improving the sanitation of these vending machines and enhancing their ergonomic features along with making a few customizations to cater to changing consumer demand will help these companies win bigger market shares, says TMR.
Buy Full Europe Raw Milk Vending Machine Market Report@ https://www.transparencymarketresearch.com/checkout.php?rep_id=10187
Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
US Office Contact
90 State Street, Suite 700
Albany, NY 12207
USA - Canada Toll Free: 866-552-3453
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Europe Raw Milk Vending Machine Market Estimated to Expand at a Robust CAGR over 2024 here
News-ID: 746321 • Views: 188
More Releases from TMR - Research Reports
Pulmonary Drugs Market is Expected to Reach US$ 28,082.1 Million by the End of 2 …
According to the research report, the global pulmonary drugs market is expected to be worth US$ 28,082.1 mn by the end of 2024 as compared to US$ 48,039.7 mn in 2015. Analysts calculate that the global market will plummet at a CAGR of -6.3% during the forecast period of 2016 and 2024. The market will thrive as the demand for combination drugs is anticipated to remain on the rise during
North America Ventricular Assist Device Market is rising to a valuation of US$ 1 …
According to TMR, the opportunity in the North America market for VADs, which stood at US$0.4 bn in 2015, is likely to expand at a healthy CAGR of 9.20% between 2016 and 2024 and increase to US$1.07 bn by the end of the forecast period. The destination therapy (DT) segment has been reporting a greater application of VADs than the other two indication segments. It is expected to remain the
Dental Membrane and Bone Graft Substitutes Market to rise to US$ 922.6 Million b …
Transparency Market Research notes that innovation and expansion into emerging regions have served these companies well in strengthening their hold in the dental membrane and bone graft substitutes market. For instance, Switzerland-based Geistlich Pharma AG - a global manufacturer and supplier of dental products and devices - expanded its operations in Sydney, Australia and New Delhi, India in 2016. The global dental membrane and bone graft substitutes market is expected to
Human Vaccines Market is Estimated to Reach US$ 72.5 Billion by 2024
The global human vaccines market was valued at US$28.3 bn in 2015 and is estimated to reach US$72.5 bn by 2024, registering an 11.2% CAGR during the forecast period. By age group, pediatric vaccines accounted for a 57.5% share in the global human vaccines market in 2015. Adult vaccines, on the other hand, are expected to expand at a 13.2% CAGR from 2016 to 2024. Based on product, the pneumococcal segment
More Releases for Europe
Synthetic Biology Market – Europe
Synthetic Biology Market Europe is expected to reach USD XX Billion by 2026 from USD XX Billion in 2016 at a CAGR of XX% (Detailed analysis of the market CAGR is provided in the report). Synthetic biology has expanded into various interdisciplinary fields that may be defined as the combination of artificial design and engineering to produce biological systems, chemicals or living organisms. Synthetic biology is also used for improving applications
Europe Wooden Doors Market
Europe Wooden Doors Market https://www.qandqmarketresearch.com/reports/wooden-doors-market-78 This report studies the Wooden Doorsmarket status and outlook of Europe and major countries, from angles of players, countries, product types and end industries; this report analyzes the top players in Europe and major countries, and splits the Wooden Doors market by product type and applications/end industries. The global Wooden Doors market is valued at XX million USD in 2018 and is expected to reach XX million
Europe Business Assembly
The Europe Business Assembly (EBA) is an international corporation for the evolution and implementation of economic and social development. The company was established in April 2000 and its history shows a plethora of promising initiatives, creative growth and professional victories. EBA’s activity demonstrates the capabilities and power of professional partnership. The year 2000 saw the beginning and the foundation of EBA with the signing of the memorandum of cooperation and
Smartsourcing in Eastern Europe
In 2008 the outsourcing business of Eastern Europe was estimated at nearly $2 billion, representing just a tiny fraction of the global IT outsourcing market, estimated at about $386 billion. According to the Gartner Dataquest predictions, in the next four years Eastern Europe is expected to outstrip the rest of the offshore market concentrated mainly in the “classical” locations like India. By 2010 Eastern Europe’s IT outsourcing market share is
Home Control conquers Europe
European Home Control Summit attracts participation from leading International companies and organizations 29. February 2008 - Copenhagen/Frankfurt - The first European Wireless Home Control Summit on 9 April 2008, taking place parallel to Light + Building, features leading companies such as Merten, Horstmann, Danfoss, and market researcher Parks Associates as well as publicly funded organizations like the Danish Energy Saving Trust (DEST) presenting the newest trends, products and market strategies pertaining
Marketing in/to Europe
Internationalization is important for every company. Europe - with its now nearly 500 million inhabitants, however, only looking towards the European Union's countries - is a perfect place for companies to go. Especially the Western countries are highly industrialized. Find some reasons and help in this article. Most of the European companies - actually more than 90 % / country on an average - are fighting the more or less stagnating