Global Nugget Ice Machines Market Size & Outlook
The nugget ice machines industry worldwide is expected to reach a projected revenue of US$ 416.8 million by 2030. A compound annual growth rate of 5.2% is expected of the worldwide nugget ice machines industry from 2024 to 2030.
Revenue, 2023 (US$M)
$292.0
Forecast, 2030 (US$M)
$416.8
CAGR, 2024 - 2030
5.2%
Report Coverage
Worldwide
Global nugget ice machines market, 2018-2030 (US$M)
Global nugget ice machines market highlights
- The global nugget ice machines market generated a revenue of USD 292.0 million in 2023 and is expected to reach USD 416.8 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 5.2% by 2030.
- In terms of segment, countertop accounted for a revenue of USD 292.0 million in 2023.
- Countertop is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 292.0 million |
| Market revenue in 2030 | USD 416.8 million |
| Growth rate | 5.2% (CAGR from 2023 to 2030) |
| Largest segment | Countertop |
| Fastest growing segment | Countertop |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Countertop |
Other key industry trends
- In terms of revenue, the North America accounted for 45.6% of the global nugget ice machines market in 2023.
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Nugget Ice Machines Market Scope
Nugget ice machines market segmentation & scope
End Use
Food Service
Hospitality
Healthcare
Residential
Others
Distribution Channel
Offline
Online
Countries
U.S.
Mexico
Canada
Germany
UK
France
Italy
Spain
Denmark
Sweden
Norway
China
Japan
India
South Korea
Australia
Thailand
Brazil
Argentina
South Africa
Saudi Arabia
UAE
Kuwait
Nugget Ice Machines Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global nugget ice machines market size, by regions, 2018-2030 (US$M)
Related regional statistics
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