Market Snapshot:
Ice is a Solidified water which is primarily used as a natural coolant. It is also used for manufacturing iceboxes in healthcare and pharmaceutical industries for the drug as well as healthcare equipment preservations. Ice can also be used as an ingredient in a number of food and beverage industry products since its original form is water. Global Ice market shows a volatile demand in the global market due to its seasonal demand. Due to the availability of a number of substitutes the global ice market will grow at a moderate rate.
Highlights from Ice Market Professional Survey Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The key Vendors profiled in the report are Hoshizaki (Japan), Ice-O-Matic (United States), Manitowoc Ice (United States), Ice Market Professional Survey (United States), Bionics Scientific Technologies (India), Brema Ice Makers (Italy), Cornelius (Japan), Electrolux (Sweden), Follett Corporation (United States) and Howe Corporation (United States). Additionally, other players that are part of this comprehensive study are KOLD-DRAFT (United States), MAJA-Maschinenfabrik (Germany) and Azbil Telstar, S.L. (Spain).
Geographic Breakdown and Segment Analysis
The Global Ice Market Professional Survey market presents a comprehensive analysis of the Ice Market Professional Survey market by product type (Ice Cube, Ice Flake and Ice Nugget), by end-user/application (Foodservice, Retail and Healthcare), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Ice Market Professional Survey industry. Investors and Vendors can easily understand the inherent opportunities and challenges for their products in geographical region of interest.
For instance, while the holds majority of market share of the Ice Market Professional Survey market
Analyst at AMA have segmented the market study of Global Ice Market Professional Survey market by Type, Application and Region.
Influencing Trend:
Rising Demand for Perishable Food Items across the Globe and Surging International Trades of Healthcare Products as well as Sea Foods
Market Growth Drivers:
Growing Adoption in Healthcare Industry and Used as Preservative in Food and Beverage Industry
Challenges:
Availability of Substitutes such as Refrigerators and Excessive Maintenance Cost as well as Robust Electricity Usage in Water to Ice Conversion
Restraints:
Unhealthy side effects of Cold Food or Beverage Consumptions and Lack of Availability in Areas with Minimal Water Level
Opportunities:
Growth of Food and Beverage Industry and Robust Seasonal Demand in Middle East as well as Asia Pacific Regions
Market Developments Activities:
In Sep 2023 Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology, and market infrastructure, and Black Knight, Inc. (NYSE: BKI), a software, data and analytics company that serves the housing finance continuum, including real estate data, mortgage lending and servicing, as well as the secondary markets, today announced that ICE has completed its acquisition of Black Knight.
In Nov 2023 Intercontinental Exchange (NYSE:ICE), a leading global provider of data, technology and market infrastructure, today announced the launch of a sanctions service to help facilitate institutional compliance with a complex and dynamic landscape of global sanctions, including programs administered by the United Nations, European Union, U.S. and others. This new service leverages ICE’s extensive data offering
Regulatory Insights:
Packaged ice labels must meet FDA food labelling requirements. The labels must list the name and place of business of the manufacturer, packer, or distributor of the ice. The labels must also list the net quantity of contents of the product. Because ice is a single ingredient food, packaged ice does not need listing of ingredients. In addition, ice does not require a nutrition facts label, unless the package has a nutrient content claim (such as low in sodium). But ice labelled as being from a specific source, such as spring water or artesian well water, must be truthfully labelled and not misleading; in other words, it must really be from that source. The source water must meet all the requirements for such types of source water, as described in FDA regulations.
A competitive landscape analysis is a structured way of identifying and researching your competitors.
Key Target Audience
Ice Manufacturers, Ice Distributors and Traders, Heath Care Product Manufacturers, Food and Beverage Industry, Industry Associations, Government Agencies and Others