Flaking Machine Market Size, Share, Growth, and Industry Growth by Type (Seawater Flake Ice Machine and Freshwater Flake Ice Machine), By Application (Food Processing, Chemical Industry, Ocean Fishing, and Concrete Cooling), Regional Forecast To 2031

Updated On: 08 April 2024

Flaking Machine Market REPORT OVERVIEW

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The global flaking machine market size was USD 319.9 million in 2022 and is projected to touch USD 435.95 million by 2031, exhibiting a CAGR of 3.5% during the forecast period.

Flakes are ideally used for chilling fresh and frozen food. Flake ice extruded at a temperature just below zero degrees. They are loose ice with irregular size. This machine is ideal for ice displays in retail settings. These flakes are used in the medical sector and healthcare facilities. Also, these machines are designed to turn oil materials into flakes. They are usually in the form of a cylinder or drum.

Increasing need to treat injuries in medical industry is expected to fuel market growth. Growing number of surgeries and road accidents to boost machine adoption. Increasing need for refrigeration in lab work is projected to drive market growth. Growing diagnostic and clinical laboratories are boosting market growth. Increasing research and development in medical sector to boost product adoption. Also, growing chronic disease and growing awareness to control infection is estimated to fuel flaking machine market growth during the forecast period.

COVID 19 Impact: Increasing demand for Frozen Food During the Pandemic to Foster Market Growth

During the pandemic high demand for the machine from healthcare sector is expected to fuel market growth. Work from home culture encouraged the demand for frozen food which is anticipated to increase product adoption. Also, growing need to keep seafood fresh is estimated to boost market growth. Growing lab testing during pandemic boosted market growth. In addition, vaccines making process broadly created the demand and adoption of flaking machine.

On the contrary, an outbreak of COVID-19 impacted the market production activities. Lockdown restrictions led to the shut down of restaurants and remaining food industry is predicted to slowdown market growth.

LATEST TRENDS 

"Growing Demand for Frozen Food to Fuel Market Expansion "

Increasing need for frozen food and growing demand to store food is expected to boost market growth. Flaked ice is used in decorating buffet in the food industry. Rising number of buffets to accelerate product adoption. Rising number of super markets and growing demand to display sea food are estimated to boost product adoption. Also, increasing fishery and seafood processing industry is projected to drive market growth during the forecast period. Growing need for cooling seafood products to maintain freshness is projected to drive market growth. Rising urbanization and growing disposable income is projected to fuel market growth.  In addition, dairy industry to preserve products such as butter, cream, yogurt, cheese, and ice cream to increase flaking machine adoption.

Flaking Machine Market SEGMENTATION

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• By Type

Based on type, the market is divided into seawater flake ice machine and freshwater flake ice machine.

Seawater flake ice machine the leading part of segmentation type.

• By Application

Based on the application, the market is divided into food processing, chemical industry, ocean fishing, and concrete cooling.

Food processing the leading part of application segmentation.

DRIVING FACTORS

"Increasing Demand from Healthcare Sector to Incite Market Growth "

Healthcare industries are broadly responsible to fuel market growth. Growing number of surgeries and road accidents demands for physical therapy which is estimated to fuel product adoption. Increasing research and development activities in the healthcare sector is projected to drive market growth. Also, the growing need to treat injuries such as sprains, bruises, and tissues damage are predicted to fuel market growth. Also, increasing advancements in technology and organ transplant surgeries is predicted to fuel market growth in the coming years. Increasing need to help cooling patients during feverish accelerate flaking machine market growth.

"Growing Lab Work to Boost Product Adoption "

Increasing number of lab activities to fuel market growth. Increasing demand for storing blood samples is expected to fuel market growth. Also, to aid preservation of organs to fuel product adoption.  Growing demand from diagnostic and laboratories clinic are estimated to fuel market growth. Flaks machines are used in physical therapy centers and emergency rooms which is predicted to accelerate market growth during the forecast period.

"Increasing Demand from Hospitability Industry to Fuel Market Growth "

Growing demand for flake machines in the restaurants and resorts due to presences of bars and seafood menu. Growing demand for hard ice cubes is estimated to increase product adoption. Also, machine’s properties such as softness and no risk of blemishes on the food items are projected to drive flaking machine market growth.

RESTRAINING FACTORS

"High Costs Associated with Product to Restrict Market Growth "

High costs of the product is expected to decline market growth. Other factors such as non-suitability of the machine in dusty climate and dirty air. Also, the high condensing temperature to reduce efficiency of the product is estimated to hampered market growth during the forecast period.

Flaking Machine Market REGIONAL INSIGHTS

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"Rising Urbanization and Growing Disposable Income in North America to Drive Market Growth"

North America is expected to hold largest flaking machine market share due to rising urbanization and disposable income. Growing number of super markets in the region to boost flaking machine adoption. Increasing seafood and meat consumer is estimated to propel market growth. Rising need for the system from healthcare sectors to boost market. Also, increasing number of accidents and growing need to muscle and tissues relaxation are predicted to increase flaking machine market growth during the forecast period.

Asia Pacific is expected to show considerable market growth due to attractive demand from super market to display seafood, freshwater fish, meat, and vegetables to increase market growth. Also, rising number of buffet and the catering industry in the region to drive market growth.

KEY INDUSTRY PLAYERS

"Leading Players Adopt Partnership Strategies to Stay Competitive"

The report covers information about the list of market players and their latest development in the industry. The information includes mergers, partnerships, acquisitions, technological developments, and production lines. Other aspects examined for this market include complete research on companies producing and introducing the latest products, regions they conduct their operations in, automation, technology adoption, generating the most revenue, and making a difference with their products.

List of Market Players Profiled

• Hoshizaki (U.S.)
• Snowsman (India)
• Geneglace (France)
• ICESTA (Australia)
• Manitowoc Ice (U.S.)
• GRANT ICE SYSTEMS (U.S.)
• Scotsman (U.S.)
• MAJA (India)
• North Star Ice Equipment (U.S.)
• KTI-PLERSCH KÄLTETECHNIK GMBH (Germany)
• Ice-O-Matic (U.S.)
• Sunice (Canada)
• Focusun (China)
• RECOM (Netherlands)
• CBFI (China)
• Follett Corporation (U.S.)
• ICESNOW (
• Koller (China)
• Lier Machinery (China)
• ICEMAN (Sri Lanka)

REPORT COVERAGE

This research profiles a report with general studies that explain the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by examining the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, and others. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.