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Fresh Food Vending Machines Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024

Report Description

Fresh Food Vending Machines Market: Overview

Inventions in the food industry have resulted in the reduction of human efforts for meeting their necessary requirements such as food. Eatables are now readily available to customers through vending machines which are available at workplaces, shopping malls, schools, universities, hospitals, and other public places. Earlier, the food vending machines were mostly focused on providing fast foods.

However, during the recent years, the rise in health consciousness among population has increased the demand for healthy food. At the same time, ease of availability remains a crucial factor and thus vending machines manufacturers have now started providing food dispensers where customers can select the ingredients and get their recipe prepared with fresh material.

Common people are now more concerned regarding their health, with an emphasis on eating healthy. Therefore, vending machine makers have taken initiatives to bring change into the market by offering meal-sized salads, protein foods such as eggs and chicken, and fresh vegetables. The aim behind this is to help customers in managing healthy lifestyle despite their busy work schedule.

Fresh Food Vending Machines Market: Emergent Trends

Fresh food vending machine market is anticipated to witness a significant growth in coming years due to demand from customers who wish to eat healthy but are used to fast food habits. Furthermore, the technological innovations have laid foundations of intelligent vending machines with the incorporation of interactive LCD touchscreens and acceptance of payments through cards and mobile devices. Near field communication (NFC) technology is expected to offer tremendous opportunities for consumer engagement in coming years. Also, the U.S. and European governments have made it mandatory to label every food product with its nutritional value, which is indicated to the consumers through these interactive LCDs.

Fresh Food Vending Machines Market: Restraints and Opportunities

However, the fresh food vending machines are expensive and need regular maintenance and this is posing a challenge to the growth of their market. Location plays an important role in profit generation from vending machines and thus is an important factor to consider while setting up vending machine’s business. Getting a suitable location to install fresh food vending machines is often challenging due to constraints of budget.

Food theft and threat of vandalism is another challenge fresh food vending market may face during the coming years. A key factor for success in fresh food vending machines market would be partnerships with business organizations to make healthy food available to their employees through vending machines.

Fresh food vending machines market include machines which can serve hot and cold healthy foods such as salads, proper meals (veg/non-veg) and deserts. In addition to these, rising demand for eatables such as sandwiches and veggies in schools and hospitals is likely to boost the market growth in coming years. Pizza and fruit dispensing machines are also getting popular these days.

Fresh Food Vending Machines Market: Key Players

Key players involved in the fresh food vending machines market are Canteen Vending, Biocom Vending, Fresh Healthy Vending International, Inc., Advantage Food & Beverage, HUMAN Healthy Vending LLC., N&W Global Vending S.p.A.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, Luxembourg)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market

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