Market Trends of UK Countertop Ice Makers Industry
Rising Food And Beverage Industry In United Kingdom
The United Kingdom's food Industry is having an international presence and even after the negative Impact of Brexit and Covid restrictions on the industry, it is observing positive growth. Soft drinks and alcoholic drinks are among the major segments creating the demand for ice cubes in beverages. Observing a decline in revenue from alcohol during the covid period, with recovery it is observing a continuous increase rising to a revenue of USD 57 billion last year with wine and beer existing as the major source of revenue.
Alcohol, Fresh food, vegetables, and soft drinks observed the largest increase in purchases during the Covid period creating a positive externality for Ice Makers' machines with a decline in revenue from the freezer segment post covid economic recovery.
Rising Demand For Ice Maker In Commercial Space
In restaurants, ice makers are used for different purposes which include making the taste of drinks better with various ice cubes designed for cocktails and iced coffee. Other than it provides commercial facilities for making 24*7 availability of ice cubes and keeping food fresh for a long time. Markt size of the Restaurant industry in the United Kingdom reached around GBP 78 Billion last year leading to an increase in food and beverage consumption with rising demand for ice maker machines.
As the output of Countertop Ice Makers is usually greater than modular and under-counter types Ice makers, their commercial adoption is observing a significant rise over the years whether it is for Offices or Hospital space in the United Kingdom. Observing a continuous increase in the number of Hospitals to 2.06 thousand last year, the demand for Ice makers from commercial space is expected to have positive growth.
