Middle East & Africa Nugget Ice Machines Market Size & Outlook
The nugget ice machines market in Middle East & Africa is expected to reach a projected revenue of US$ 17.8 million by 2030. A compound annual growth rate of 5.5% is expected of Middle East & Africa nugget ice machines market from 2024 to 2030.
Revenue, 2023 (US$M)
$12.3
Forecast, 2030 (US$M)
$17.8
CAGR, 2024 - 2030
5.5%
Report Coverage
Middle East & Africa
Middle East & Africa nugget ice machines market, 2018-2030 (US$M)
MEA nugget ice machines market highlights
- The MEA nugget ice machines market generated a revenue of USD 12.3 million in 2023.
- The market is expected to grow at a CAGR of 5.5% from 2024 to 2030.
- In terms of segment, countertop was the largest revenue generating product in 2023.
- Countertop is the most lucrative product segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 12.3 million |
| Market revenue in 2030 | USD 17.8 million |
| Growth rate | 5.5% (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, MEA region accounted for 4.2% of the global nugget ice machines market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Europe is the fastest growing regional market and is projected to reach USD 112.8 million by 2030.
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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 |
|---|
Related regional statistics
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