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Beverage Dispenser Market Size - By Type (Electric, Non-electric), By Capacity (Less than 5 Liters, 5 to 10 Liters, More than 10 Liters), By Material (Plastic Beverage Dispensers, Glass Beverage Dispensers, Stainless Steel Beverage Dispensers), By Application, By Distribution Channel, & Global Forecast, 2023 – 2032

  • Report ID: GMI6269
  • Published Date: Jul 2023
  • Report Format: PDF

Beverage Dispenser Market Size

Beverage Dispenser Market size was valued at USD 14.1 billion in 2022 and is predicted to reach USD 27.6 billion by 2032 due to the exponential progress of the foodservice industry including restaurants, cafes, bars, and hotels.
 

Beverage Dispenser Market

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These businesses need competent & unfailing equipment to distribute beverages to their customers instantly and in huge amounts. On-the-go restaurants, convenience marts, and entertainment hubs are characterized by self-service and on-demand culture. Beverage dispensers allow clients to serve themselves, granting them greater control and a wide variety of customization options.
 

There is a high demand for special beverage dispensers to effectively maintain the ideal temperature & texture of cold & frozen beverages such as smoothies, slushies, and frozen cocktails that are currently highly popular among consumers.

 

High-capacity and high-tech models of beverage dispensers have high initial purchase costs, posing a hurdle to small businesses or start-ups with limited capital. Maintenance & repair as well as installation & setup require trained professionals and can be time-consuming, adding to the overall expenses. Operating these systems may also require expertise & training, which can be challenging for businesses dealing with the shortage of skilled personnel. Regular cleaning & sanitization of beverage dispensers is essential to prevent contamination and ensure food safety.
 

COVID-19 Impact

The COVID-19 pandemic hampered the manufacturing and distribution of beverage dispensers. Restricted industrial activities, transportation limitations, and raw material shortages disrupted the global supply chain. Governments around the world implemented lockdowns and social distancing measures, forcing many food service establishments, such as restaurants, bars, cafes, and hotels, to provisionally close or operate at reduced capacity. The hospitality industry faced a severe downturn, resulting in a substantial decline in the demand for beverage dispensers. With limited dine-in options, there was an increase in takeout & delivery services.
 

Beverage Dispenser Trends

The beverage dispenser market is experiencing major technological innovations including touchless or sensor-based dispensing systems, automated portion control, remote monitoring & control through IoT integration, and integration with mobile apps for ordering & customization. Beverage dispensers that can store an array of beverages including carbonated drinks, juices, cocktails & hot beverages are in high demand. Their versatility allows businesses to offer a wide variety of beverages from a single dispenser, lowering the need for multiple machines and saving space. Portable & mobile beverage dispensers enable food trucks, event planning services, and mobile catering businesses to provide beverage options to on-the-go consumers in different locations.
 

Beverage Dispenser Market Analysis

Beverage Dispenser Market Size, By Type, 2021 - 2032 (USD Billion)

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Based on type, the beverage dispenser market is classified into electric and non-electric. The electric segment was valued at USD 11.12 billion in 2022. Electric beverage dispensers offer beverages with the push of a button or the touch of a sensor. They reduce wait times and improve the overall experience by allowing customers to quickly & easily purchase their desired drinks. Electric beverage dispensers feature temperature control capabilities, ensuring that the beverages, such as coffee or tea, are served at the optimal temperature. They offer precise & accurate portions, allowing businesses to maintain consistency in beverage servings.
 

Beverage Dispenser Market Revenue Share (%), By Capacity, (2022)

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Based on capacity, the beverage dispenser market is categorized into less than 5 liters, 5 to 10 liters, and more than 10 liters. The less than 5 liters dispenser segment held a dominant share of around 45% in 2022. Beverage dispensers with small capacities are designed for easy portability, making them suitable for outdoor gatherings and on-the-go beverage services. These dispensers provide quick & personalized servings of beverages, catering to individuals who prefer small portions. Medium-capacity beverage dispensers can store & offer a variety of beverage types and sizes while large-capacity beverage dispensers are designed to accommodate high-demand situations such as buffets, banquet halls, or large gatherings.
 

Based on material, the beverage dispenser market is divided into plastic beverage dispensers, glass beverage dispensers, stainless steel beverage dispensers, and others. The plastic beverage dispenser segment is predicted to grow at 6.77% CAGR by 2032. As plastic beverage dispensers are lightweight, they are easy to transport & handle, specifically for outdoor events or on-the-go beverage services. They are available at lower prices than those made from other materials, making them affordable for businesses with budget constraints. Stainless steel beverage dispensers are suitable for long-term uses in commercial settings owing to their sturdiness and corrosion resistance.
 

Based on application, the beverage dispenser market is bifurcated into commercial and residential. Restaurants, cafes, hotels, and other food service establishments use beverage dispensers, providing self-service or assisted-service beverage options for buyers. Beverage dispensers are in high demand in catering & event planning services as they enable efficient serving of large volumes of beverages and reduce staff involvement. They are popular in house parties or gatherings due to their convenience, allowing hosts to offer various drink options to their guests. Beverage dispensers are installed in office pantries to offer employees easy access to beverages throughout the day.
 

Based on the distribution channel, the beverage dispenser market is bifurcated into online retail, supermarkets, specialty stores, convenience stores, and others. Specialty stores offer a specialized & curated selection of beverage dispensers to customers, providing expert advice and guidance based on their specific needs & preferences. Online retail platforms provide customers with the convenience to access & browse a wide variety of options and purchase beverage dispensers from the comfort of their homes or offices.
 

U.S. Beverage Dispenser  Market Revenue, 2021 - 2032 (USD Billion)

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North America with a major beverage dispenser market share of USD 12.24 billion in 2022. The food service industry in North America is witnessing an increased adoption of beverage dispensers in restaurants, cafes, and catering services. These machines enable food establishments to offer a variety of beverages to customers while reducing the need for constant refills & waste. Also, beverage dispensers with attractive designs & features increase the aesthetic appeal of the establishment, enhancing the overall ambiance and experience.
 

Beverage Dispenser Market Share

Major players in the beverage dispenser market are:

  • Cornelius, Inc.
  • Lancer Corporation
  • Grindmaster-Cecilware, Inc.
  • Cambro Manufacturing Co.
  •  Manitowoc Foodservice, Inc
  • FBD Frozen Beverage Dispensers
  • Follett LLC
  • BUNN-O-Matic Corporation
  • Hoshizaki America, Inc.
  •  Multiplex Beverage.
     

The Beverage Dispenser market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Billion) & volume (Kilo Tons) from 2018 to 2032, for the following segments:

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By Type

  • Electric
  • Non-electric

By Capacity

  • Less than 5 liters
  • 5 to 10 liters
  • More than 10 liters

By Material Type

  • Plastic beverage dispensers
  • Glass beverage dispensers
  • Stainless steel beverage dispensers
  • Others

By Application

  • Residential
  • Commercial

By Distribution Channel

  • Online retail
  • Supermarkets
  • Specialty stores
  • Convenience stores
  • Others

The above information is provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Spain
    • Italy
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Indonesia
    • Malaysia 
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • UAE
    • Egypt
       
Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

Global market share for beverage dispenser was USD 14.1 billion in 2022 and will reach USD 27.6 billion by 2032 driven by higher adoption in the foodservice industry including restaurants, cafes, bars, and hotels
Electric beverage dispenser industry size was USD 11.12 billion in 2022 and will expand through 2032 due to their robust abilities to reduce wait times and improve the overall experience
Demand for plastic beverage dispensers is estimated to witness 6.77% CAGR from 2023-2032 owing to their increasing usage in outdoor events or on-the-go beverage services
U.S. industry share was worth USD 12.24 billion in 2022 and will expand at a significant pace from 2023 – 2032 owing to higher adoption in restaurants, cafes, and catering services in the country

Beverage Dispenser Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 301
  • Countries covered: 21
  • Pages: 200
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