Food and retail industry has gone through a swift transformation. Right from storing inventories, to making it accessible to consumer, several smart techniques and technologies are venturing in the food and retail segment. Bulk food dispensers are simply a food storage mechanism used for storing various cereals, coffee granules, nuts, seeds, and many others food items that are sold in loose form. Conventional supermarkets and shop owners are integrating bulk food dispensers to offer hassle-free packaging and portion control to the customers.
Growing awareness among consumers about the food hygiene and safety due to bulk food dispensers is one of the driving factors for the increased demand. On the other hand, surge in environmental issues caused due to wasteful food packaging has forced retail stores and supermarkets stores to onboard bulk food dispensers that reduce the impact. People get a free hand to dispense amount of food they wish to purchase which limits the need for buying pre-packed food. This has increased the popularity for bulk food dispensers, driving the demand for food dispensers around the globe. Consumers getting more health conscious plays a key role in surging demand. Developing nations are focusing on advanced retailing technologies and is estimated to uphold the growth of the global bulk food dispenser market.
For instance, Nestlé SA offers dispensers that can be refilled and reused for pet products and instant coffee as an effort of single-use packaging. Consumers can take several containers to stores to buy a variety of Purina cat foods and Nescafé soluble coffee. Product information can usually be found digitally, including packaging, ingredients, nutritional value and expiration date. The company is investing up to 2 billion Swiss francs ($ 2.07 billion) to create sustainable packaging solutions. In January, it launched a venture capital fund to invest in startups with a focus on creating new materials, charging systems, and recycling solutions.
The global bulk food dispenser market is broadly segmented by type, application, product, and region. The type segment is bifurcated into metal, glass, and plastic. Considering the product segment, it is majorly sub-segmented into dry food dispensing and liquid food dispensing. The global bulk food dispenser market is also categorized based on application, this include hotels & restaurants, hypermarkets & supermarkets, retail stores, and others.
The bulk food dispenser market is widely spread across the global markets such as North America, Asia-Pacific, Middle East & Africa, and Latin America.
The top players influencing the growth of the global bulk food dispenser market are Server Products Inc., Rosseto Serving Solutions, Akriform Plast AB, Ronald Armstrong, E.T. Idea Development Manufacturing (IDM) Ltd, DGS Retail Inc., Univac Furncrafts Pvt. Ltd., Cal-Mil Plastic Products Inc., Enterprises LLC, and BestBins Corporation, among others.