About Salad Vending Machine
The global salad vending machine market is expected to witness healthy growth during the forecast period, according to the AMA study. The factors such as growing demand for healthy fresh eatables across schools, colleges, and burgeoning demand from hospitals is driving the market for sals vending machines globally. Moreover, rising concerns of corporate companies regarding health consciousness for the employees are raising the deployment of food vending machines and thereby driving the global salad vending machine market.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The vendors in this market are focusing on increasing their deployed fleet of salad vending machines in order to gain the market share in the highly consolidated market to remain competitive in the market. Moreover, the large players in this market are implementing acquisition strategies by acquiring small region players and expanding the regional presence. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Salad Vending Machine market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Advantage Food & Beverage (United States), Alpaca Market (United States), Biocom Vending Machines (Italy), Byte Foods (United States), Canteen Vending (United States), Farmer’s Fridge (United States), FRESHBOWL (United States), HealthyYOUVending (United States), Larry’s Market (United States), Evoca Group (Italy), portionsca (United States), SAVANNAH HEALTHY VENDING (United States) and Wholly Greens Pte Ltd (Singapore) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Salad Vending Machine market by Type (Single Specialized Machines, Full Line Machine and Robotic Machine), Application (Commercial Offices, Passenger Transport Centers, Schools and Institutions, Shopping Malls and Others) and Region.
On the basis of geography, the market of Salad Vending Machine has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Technology, the sub-segment i.e. Cold Only will boost the Salad Vending Machine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Deployment of Salad Vending Machines in Commercial Offices to Provide Healthy Food Facilities for the Employees of Different Organisations and Technological Innovations in Salad Vending Machines such as Touch Screen Menu Installation and Card or Mobile Payment Options
Market Growth Drivers:
Growing Demand for Healthy Eatables in Schools, Colleges, and Hospitals, Rising Shift of Consumers from Fast Food to Healthy Food Preference due to Rise in Health Consciousness of the Growing Population and Increasing Concerns Among Corporate Companies Regarding Health of their Employees is Propelling the Demand for Healthy Food Machines in Corporate Offices
Challenges:
Food Theft Owing to Threat of Machine Destruction is One of the Major Challenge, Challenges in Selecting Suitable Location for Machine Deployment and High Cost and Requirement of Periodic Maintenance
Opportunities:
Opportunities in the Emerging Economic High Population Country Markets Such as China and India in the Asia Pacific Region
Market Leaders and their expansionary development strategies
In May 2019, Farmer's Fridge announced that it has left its 8,000 square-foot production facility and shifted into a new 50,000 square-foot facility on Chicago's South Side.
In 2019, Farmer's Fridge company raised its Series C funding of USD 30 million and released plans for increasing its current fleet of salad vending machines from 185 machines across Milwaukee and Chicago to around 400-500 machines across St. Louis and Cincinnati. Currently, the 185 deployed machines sell around 15,000 products per day across the regions.
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.