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The global market for fountain machines worldwide was valued at US$ 1.80 billion in 2018 and is expected to grow over the forecast period with a CAGR of 2.9 percent. (According to a research study recently published by Credence Research".)Growth in carbonated beverage consumption around the world drives growth in the 2018 fountain machine market. The market for carbonated beverages in the same year is estimated at approximately US$ 350 billion. Fountain machine mechanically combines carbon dioxide, the concentrate of flavoured syrup and chilled water and is called soda water. In malls, restaurants, convenience stores and other stores, these machines are widely adopted. This type of drink is mostly preferred by young people around the globe. Fountain machines have a variety of advantages such as a wide range of flavour syrup, high-profit margins, fast dispensing and others. In addition, other major growth factors for the market are the aforementioned benefits of fountain machines. Because of these factors, during the forecast period, we expect the fountain machine market to show steady growth.
Browse Full Report Originally Published by Credence Research @ https://www.credenceresearch.com/report/fountain-machine-market
The fountain machine market is segmented into restaurants, cinema and others (convenience stores, cafeteria, etc.) based on application. The restaurant segment has the largest value contribution and accounts for about 50% of the 2018 market revenue. The segment of restaurants has the highest share due to fast food penetration among young people worldwide. Applying fountain machines to major fast-food restaurant chains like McDonald's, Burger King, KFC, Subway and others is one of the segment's major growth factor. Therefore, during the forecast period 2019-2027, we expect the restaurant segment to continue to lead the fountain machine market.
How this report is useful?
The study "Fountain Machine" will facilitate strategic decision-making with credible and genuine business information. It also maps important rivals and their strategies and positioning on the "Fountain Machine" industry. The research also covers innovative and upcoming technological developments that are basically aimed at giving you an advantage over rivals. Various industry models industry dynamics and information contained in the study provide clarity across the value chain on different industries. The study also offers decisive approaches with a goal to support market entry and exit decision-making. The research also shows the market's revenue pockets and investment possibilities.
Who should buy this report?
• Stakeholders across the “Fountain Machine” market value chain.
• Business development managers
• CEO’s
• COO’s
• Marketing managers
• Technologists
• Suppliers
• Investors
• Banks
• Government agencies
You can get the sample copy of this research by Credence Research here: https://www.credenceresearch.com/sample-request/59959
Key questions answered in this report
• Who are the distributors, traders and dealers of “Fountain Machine” market?
• What are the expected largest segments in the “Fountain Machine” market during the forecast period from 2019 to 2027?
• What are the fastest-growing segments in the “Fountain Machine” market for the forecast period?
• What are the current market trends in the “Fountain Machine” market and valuable opportunities for the players?
• How the regulatory framework affects the global as well as the regional “Fountain Machine” markets?
• Which are the key players operating in the global “Fountain Machine” market and what are the strategies adopted by them?
• What are sales, revenue, and business strategy and product portfolio of top manufacturers of “Fountain Machine” market?
• What is the market size and trend in emerging and developed markets?
You can get the sample copy of this research by Credence Research here: https://www.credenceresearch.com/sample-request/59959
About Credence Research (Original Publisher)
Credence Research is a worldwide market research and counselling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we've manufactured a firm extraordinarily prepared to this task.
Contact Info:
Name: Chris Smith
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Organization: Credence Research
Address: 105 N 1st ST #429, SAN JOSE,, CA 95103, United States
Phone: 18003618290
Website: https://www.credenceresearch.com/report/fountain-machine-market
Release ID: 88926403
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