
Global Bulk Food Dispensers Market By Material Type (Plastic, Metal, Glass), By End-User (Hypermarkets & Supermarkets, Hotels & Restaurants, Retail Stores) and By Region β Global Forecast to 2030
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17552
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April 2023
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217
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This report was compiled by Shreyas Rokade Shreyas Rokade is a seasoned Research Analyst with CMFE, bringing extensive expertise in market research and consulting, with a strong background in Chemical Engineering. Correspondence Team Lead-CMFE Linkedin | Detailed Market research Methodology Our methodology involves a mix of primary research, including interviews with leading mental health experts, and secondary research from reputable medical journals and databases. View Detailed Methodology Page
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Bulk Food Dispensers Market Overview:
The Bulk Food Dispensers Market was valued at $21.40 million in 2021 & is projected to reach $54.52 million by 2027. It is expected to grow at a 12.4% CAGR between 2021 and 2027.
Bulk food dispensers are a way of selling consumables by weight. They usually contain food products that are stored in bulk form and are meant for consumers to select the necessary amount of a given product, which is usually less expensive than pre-packaged products.
The Bulk Food Dispensers Market report contains information and data, and inputs from both primary and secondary data sources, that have been verified and validated by experts in the target market.
The Bulk Food Dispensers Market report presents a thorough study of revenues, historical data, information, key developments, and strategies by major players that offer vital insights and perspectives into various scenarios market.
Besides critical data and related information, the report includes key trends (both present and future), factors that are driving market growth, factors that are or could be potential restraints to market growth, as well as opportunities that can be leveraged for potential revenue generation in untapped regions and countries.
It also covers threats or challenges for existing as well as new entrants in the market. The global bulk food dispensers market has been segmented on the basis of material type, end-user, as well as regions, and countries.
Bulk Food Dispensers Market Dynamics:
Bulk food containers or dispensers are easy to clean, convenient to use, and are a superior storage option for big chain retailers, hypermarkets, supermarkets, etc., due to which their respective adoption rates have increased in the last few years.
This is a major factor that is expected to continue to fuel the revenue growth of the global bulk food dispensers market over the next decade.
Moreover, the increasing number of these aforementioned outlets as a result of increased urbanization is also a factor that is slated to complement future market growth opportunities for this global industry.
Furthermore, the ongoing changes to consumer purchasing patterns, increasing disposable incomes of individuals across the world, as well as ever-increasing global populations are some of the other major factors that are expected to influence the revenue growth of the global bulk food dispensers market in the years to come.
However, in light of the recent COVID-19 outbreak, the operations of numerous industries have either been temporarily halted or are functioning with a minimal workforce due to enforced lockdowns and imposed restrictions by respective governing bodies.
The global bulk food dispensers market is no different, and this is expected to have a significantly negative impact on the revenue growth of this industry in the coming years.
Additionally, the limited number of product manufacturers has subsequently resulted in a smaller catalog of available products. This is a factor that may restrict future market growth opportunities for the global bulk food dispensers market.
Nonetheless, increasing investments being made by key industry players towards the development of new, more efficient products is a factor that is anticipated to boost the revenue growth of the global bulk food dispensers market in the years to come.
Segmentation of the global bulk food dispensers market is as follows:
In terms of material type, the plastic segment accounted for the maximum number of revenue shares of the global bulk food dispensers market in 2020 and is expected to continue doing so over the forecast period.
The metal segment accounted for the second-most number of revenue shares in 2020 and is indicative of retaining this position over the next 10 years.
With regards to end-user, the hypermarkets & supermarkets segment accounted for the highest number of revenue shares of the global bulk food dispensers market in 2020 and is anticipated to continue doing so over the next 10 years. The other end-users segment is also expected to register a high CAGR in the years to come.
Bulk Food Dispensers Market Regional Segmentation and Analysis:
North America accounted for the maximum number of revenue shares of the global bulk food dispensers market in 2020 and is expected to index the same for the remainder of this forecast period.
The markets in Europe accounted for the second-highest number of revenue shares in 2020 and are indicative of retaining their position over the next 10 years.
Segmentation of the Global Bulk Food Dispensers Market:
Segmentation by Material Type:
- Plastic
- Metal
- Glass
- Other Material Types
Segmentation by End-User:
- Hypermarkets & Supermarkets
- Hotels & Restaurants
- Retail Stores
- Other End-Users
Segmentation by Regions:
- North America
- Europe
- APAC
- South America
- MEA
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more⦠Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn -
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- Rosseto Serving Solutions
- Idea Development Manufacturing (IDM) Ltd
- Univac Furncrafts Pvt. Ltd.
- Cal-Mil Plastic Products Inc.
- Server Products Inc.
- Ronald Armstrong
- E.T. Enterprises LLC
- DGS Retail Inc.
- Akriform Plast AB
- BestBins Corporation