FELTON, Calif., May 4, 2021 /PRNewswire/ — The global Ice Maker Market size is expected to reach USD 4.39 billion by 2028, according to a new report by Million Insights.
The increasing demand for ice makers from the foodservice industry owing to the growing sales of processed foods and the individuals’ rising income levels is expected to drive the market.
The adoption of portable and countertop ice makers is increasing for household and commercial applications due to their dynamic nature.
In addition, the increasing demand from households and hospitals is likely to support the growth of the North American market over the next few years.
Urbanization, coupled with the increasing middle-income population in emerging countries in Asia Pacific, is the major factor driving the sales of ice makers in the region.
Leading manufacturers of ice makers are investing in R&D activities to enhance the technical and economic aspects of ice makers, such as energy efficiency, technological advances, and performance optimization.
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