Key vendors to focus on product innovation and the addition of value-added features.
Technavio, a company that develops over 2000 pieces of research every year and covers more than 500 technologies across 80 countries, has announced the top five vendors for the global commercial beverage dispensers market in their latest research report. This report also lists 11 other prominent vendors who are expected to contribute to this market’s growth between 2017-2021.
Competitive vendor landscape
The global commercial beverage dispenser market is characterized by the presence of both, global and regional players. The regional players face stiff competition from the established players as they have a strong brand image and can offer superior quality products. Regional players attempt to gain more market shares by offering their products at lower prices. The prevailing market for pre-used commercial beverage dispensers is a major challenge that the vendors of global commercial beverage dispensers face. Vendors leverage new product launches and value-added features to gain market shares.
According to Manjunath Reddy, a lead analyst at Technavio for research on food service, “The prominent vendors of commercial beverage dispensers focus on improving the features of the equipment. Some of the improved features among commercial beverage dispensers are low-temperature lockout system, high-intensity mixing chamber, and visual ice indicator.”
Top five vendors in the commercial beverage dispensers market space:
BUNN offers its products and services to various end-users such as QSRs, full service restaurants (FSRs), healthcare industries, universities and colleges, office systems, hospitality services, convenience stores, and specialty stores. The product line includes equipment for coffee, iced tea, and espresso; beverage dispensers, coffee grinders, and equipment for serving and holding.
Key products: Juice Dispensers, Iced Coffee Dispensers, and Frozen Beverage Dispensers.
Cal-Mil manufactures a wide range of products under different categories. These categories include beverage dispensers, cereal dispensers, case displays, bread displays, cutting boards, ice carvings, serving boards, cup and lid organizers, chalkboard displays, beverage and serving carts, and flatware displays.
Key products: Uninsulated beverage dispensers with capacities ranging from 1.5 gallons to 3 gallons.
The company primarily caters to the needs of end-user segments which include healthcare industries, the hospitality sector, restaurants, schools, catering companies, military, and universities. The company produces food storage equipment, food display equipment, beverage bars, vending and service carts, and dish racks.
Key products: Insulated beverage dispensers with capacities ranging from 1.5 gallons to 11.75 gallons.
Grindmaster-Cecilware offers a variety of equipment under foodservice and beverage sector. The product line of the company includes fryers, charbroilers, stoves, pizza ovens, countertop refrigerators, coffee grinders, brewers, dispensers and expresso machines. The company is a part of Electrolux Professional.
Key products: Powdered Beverage Dispensers, Hot Beverage Dispensers, Iced Tea Dispensers, and Cold Beverage Dispensers.
Lancer is a manufacturer of beverage dispensers, beer products, ice dispensers, valves, accessories like carbon dioxide safety systems and other commercial products such as beverage jars and blenders. The company has its office locations in Asia, Australia, New Zealand, Europe, Latin America, and North America.
Key products: Flavor Select model, Ice Beverage Dispensers, Counter Electric Dispensers, Non-Carbonated Dispensers, Ice Cooled Dispensers, Marine, and Bevariety.
A more detailed analysis is available in the Technavio report, Global Commercial Beverage Dispensers Market 2017-2021. Technavio also customizes reports by other regions and specific segments upon request.
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