Soda Water Dispenser Market Analysis Report By Dispenser Style, By Product, By Region And Segment Forecasts From 2019 To 2025

Industry Insights

The global soda water dispenser market size was accounted for USD 1.0 billion, in 2018 and is projected to grow at the CAGR of 5.4% from 2019 to 2025. Increasing demand for beverages such as sparkling water especially in restaurants is contributing to market growth. In addition, the high demand for bubbly drinks such as soda water owing to its easy making through the machine is expected to propel the demand for dispenser machines.

Increasing penetration of dispensers in bars, restaurants are a key factor driving the market growth. Soda dispenser lowers the cost required for bottling and packaging.  Moreover, rising consumer preference towards soda water as a fresh drink is expected to boost the demand for the product.

Soda fountains reduce the usage of e cans and bottles and help in maintaining beverages in the containers. However, increasing awareness regarding aluminum cans, and plastic bottles has boosted the growth of beverage dispensers. Regular use of tap water in soda making has lowered the use of container water.

These factors help in reducing the production of plastic containers. Furthermore, soda dispenser machines also reduce the transportation cost required for the delivery of bottles. In addition, the increasing trend of mixing flavors is expected to propel the demand for the product in the next few years.

Dispenser saves time by providing instant drinks with added flavors inside the loader in the machine. This fast serving ability of dispensers makes it very useful in restaurants, parties, and other events. It reduces one man’s work, as it reduces the cost of bartender or service employer. Thus, these benefits of using dispensers are anticipated to bolster the demand for the product over the forecast period.

Product Insights

The soda water dispenser market is bifurcated into countertop and drop-in type of product segments. In 2018, the countertop product segment held the largest share of over 69.0% in the overall market. It is easy to install and can be placed in smaller spaces on the counter. This is expected to increase the demand for the product. Moreover, this machine is more convenient for dispensing ice to consumers. Countertop machines are designed with automated technology which provides a refill for ice in the machine, which is also gaining popularity among consumers owing to its convenience.

The Drop-in type of product segment is projected to grow at the highest CAGR of 6.4% over the forecast period. There is wide space at the bottom of the machine for the filling of ice. Restaurants and bars make use of this extensive space for their storage purpose. The machine is easy to use when compared to countertop types. The drop-in machine is more reliable owing to its safe flush ability and is expected to increase the demand for the product in the coming few years.

Dispenser Style Insights

Based on dispenser styles the market is bifurcated into push button and lever dispensers. In 2018, the lever dispenser dominated the market with a share of 71.3% in the overall market. Consumers are preferring these types as they provide soda water with hand-free machines. The dispenser offers sanitary push features that require only a cup during the soda drink dispensing. In addition, it can be easily operated owing to its rocking position. All these key factors are expected to proliferate the demand for the segment.

The push-button is projected to grow at a CAGR of 6.9% from 2019 to 2025. This type of dispenser is simple in design and provides a drink in one touch. It is easy to control, and the operation can be stopped immediately. This function allows the machine to disapprove dispensing for certain soda flavors. Furthermore, extra convenience offered by the machine is a key factor fostering the demand for the product.

Regional Insights

In 2018, North America held the largest market share of over 42.0% in the overall market. The growth is majorly attributed to the rising number of restaurants such as KFC, Burger King, Pizza Hut, and McDonald’s in the region.

In addition, the growing penetration of top manufacturers such as PepsiCo, Dr. Pepper, and Coca-Cola is spurring the growth of the product. Increasing demand for fresh soda water drinks is also boosting the market growth.

Asia Pacific is projected to grow at a CAGR of 7.4% from 2019 to 2025. In addition, growing income levels of the middle-class age group along with growing consumer inclination towards cost-effective fresh soda especially in countries such as India and China is fostering the market growth. Soda water is dispensed in paper bottles which in turn is expected to boost the adoption of the dispenser machine.

Soda Water Dispenser Market Share Insights

Leading players in the market include Dr. Pepper, The Coca-Cola Company, and PepsiCo.  Top players in the market are focusing on strategies such as product innovation, mergers & acquisitions to expand their product portfolio.

For instance, The Coca-Cola Company introduced a soda dispenser with a full touch screen design to meet consumer needs.

Report Scope

Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2015 to 2025. For the purpose of this study, Million Insights has segmented the global soda water dispenser market report on the basis of product, dispenser style, and region:

• Product Outlook (Revenue, USD Billion, 2015 - 2025)
    • Countertop
    • Drop-in

• Dispenser Style Outlook (Revenue, USD Billion, 2015 - 2025)
    • Push Button
    • Lever

• Regional Outlook (Revenue, USD Billion, 2015 - 2025)
    • North America
        • U.S.
    • Europe
        • Germany
        • U.K.
    • the Asia Pacific
        • China
        • India
    • Central & South America
        • Brazil
    • Middle East &Africa (MEA)
        • South Africa