Latin America Nugget Ice Machines Market Size & Outlook
The nugget ice machines market in Latin America is expected to reach a projected revenue of US$ 24.9 million by 2030. A compound annual growth rate of 5% is expected of Latin America nugget ice machines market from 2025 to 2030.
Revenue, 2024 (US$M)
$18.7
Forecast, 2030 (US$M)
$24.9
CAGR, 2025 - 2030
5%
Report Coverage
Latin America
Related Markets
Latin America nugget ice machines market highlights
- The Latin America nugget ice machines market generated a revenue of USD 18.7 million in 2024.
- The market is expected to grow at a CAGR of 5% from 2025 to 2030.
- In terms of segment, countertop was the largest revenue generating product in 2024.
- Countertop is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2025 to 2030.
Latin America data book summary
| Market revenue in 2024 | USD 18.7 million |
| Market revenue in 2030 | USD 24.9 million |
| Growth rate | 5% (CAGR from 2025 to 2030) |
| Largest segment | Countertop |
| Fastest growing segment | Countertop |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Countertop, Undercounter/Built-In |
| Key market players worldwide | GE Appliances, Scotsman Ice Systems, NewAir, Whynter, Avanti Products, ITV ice makers, Ice-O-Matic |
Other key industry trends
- In terms of revenue, Latin America region accounted for 6.1% of the global nugget ice machines market in 2024.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Europe is the fastest growing regional market and is projected to reach USD 112.8 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Nugget Ice Machines Market Scope
Nugget ice machines market segmentation & scope
Nugget Ice Machines Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Ice-O-Matic | View profile | 101-250 | Denver, Colorado, United States, North America | https://www.iceomatic.com |
| Whynter | View profile | 1-10 | Brea, California, United States, North America | https://www.whynter.com |
| NewAir | View profile | 11-50 | Huntington Beach, California, United States, North America | http://www.newair.com |
| GE Appliances | View profile | 10001+ | Louisville, Kentucky, United States, North America | http://www.geappliances.com/ |
| ITV ice makers | View profile | 51-100 | Valencia, Comunidad Valenciana, Spain, Europe | https://itv.es |
| Scotsman Ice Systems | View profile | 101-250 | Pogliano Milanese, Lombardia, Italy, Europe | https://www.scotsman-ice.it |
| Avanti Products | View profile | 101-250 | Miami, Florida, United States, North America | http://www.avantiproducts.com |
Latin America nugget ice machines market size, by country, 2018-2030 (US$M)
Latin America Nugget Ice Machines Market Outlook Share, 2024 & 2030 (US$M)
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
