Global Soda Machine Market Overview:
A soda machine or soda maker is a device for carbonating water by using carbon dioxide from a pressurized cartridge. The machine is often delivered with flavorings that can be added afterward to the carbonated water to make soda, like for instance orange, lemon or cola flavors. They can be found in restaurants, snack bars, and convenience stores. The increasing consumption of cold drinks and energy drinks leads to the growth in the soda machine.
Growth Drivers
- The demand for Soda machines with automated payment and date recognition is increasing
- The increasing consumption of cold drinks and energy drinks leads to the growth in the soda machine
- The demand for Flavours sodas such as lemon, orange, and cola-caramel is growing
Roadblocks
- Soda directly affect to body weight gain and increases diabetes risk
Opportunities
- The demand for mobile soda machines in rural areas is rising
Challenges
- To install Soda machines outside vendors may need some city taxes and local authorization permission
- Availability of a Large number of local manufacturers
Competitive Landscape:
Some of the key players profiled in the report are Dixie-Narco (United States), Vendo Sanden (United States), Vending.com (United States), Newest Machinery Co., Ltd. (China), Blue Star Soda Machine (India), Jiangmen Pukui Intelligent Machine Co., Ltd (China), Zhengzhou Known Imp. & Exp. Co., Ltd. (China), Hunan Zhong Yi Amusement Equipment Co. Ltd. (China), Deluxe Drinks Ltd. (United Kingdom) and Selecta UK (United Kingdom). Additionally, following companies can also be profiled that are part of our coverage like Mitora Machinex Pvt. Ltd (India), Pioneer Ventures (India), Green India Traders (India), Kelvinstar Bar Controls Pvt. Ltd. (India) and IQ Designs Furniture (India). Analyst at AMA Research see United States Vendors to retain maximum share of Global Soda Machine market by 2026. Considering Market by Phase, the sub-segment i.e. Single will boost the Soda Machine market. Considering Market by Material, the sub-segment i.e. Stainless steel will boost the Soda Machine market.
In April 2019, PepsiCo, a manufacturer of food, snacks, and beverage launched drink machines for offices and schools to give customers an alternative to using single-use plastic. This machine won't dispense Pepsi, Gatorade or other well-known brands beverage instead it provides a variety of non-branded flavors such as lemon mint and raspberry lime and customizes the sweetness, sugar content, carbonation level, and temperature.
What Can be Explored with the Soda Machine Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Soda Machine Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Soda Machine
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Soda Machine market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Soda Machine market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes New Entrants/Investors, Manufacturers, Analysts and Strategic Business Planners and Providers, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industry.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.