Expansion of fast food chains across the globe is primarily driving ice maker market growth
PUNE, India — The global ice maker market is forecast to be worth $5 billion by 2019, growing at a compound annual growth rate (CAGR) of 7.9 percent from 2014 to 2019, according to a research report now available from ReportsnReports.
Expansion of fast food chains across the globe is primarily driving ice maker market growth. The Americas dominate the global ice maker market, making up 38 percent of the total market share. Much of this region’s growth can be attributed to the presence of established supermarkets and retail chains. Ice makers are predominantly used in the food services and health care industries in this region.