• August 6, 2020

Market Assessment Study of the Global Cold Beverage Vending Machine Market | Infiniti Research’s Recent Client Engagement for an International F&B Manufacturer - Odessa American: Business

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Market Assessment Study of the Global Cold Beverage Vending Machine Market | Infiniti Research’s Recent Client Engagement for an International F&B Manufacturer

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Posted: Thursday, July 30, 2020 9:11 am | Updated: 9:30 am, Thu Jul 30, 2020.

LONDON--(BUSINESS WIRE)--Jul 30, 2020--

Infiniti Research is the world's leading independent provider of strategic market intelligence solutions. Our market intelligence services are designed to connect your organization’s goals with global opportunities. Infiniti has recently announced the completion of its FREE downloadable resource on market assessment study of the global cold beverage vending machine market.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200730005632/en/

Market Assessment study of the Global Cold Beverage Vending Machine Market. (Graphic: Business Wire)

The client, a prominent international F&B manufacturer, was evaluating the feasibility of promoting and selling their cold beverages through vending machines.As this was a segment that they had no prior expertise in, the company partnered with Infiniti Research to support its market research efforts in the global cold beverage vending machine market. In a span of five weeks, the client gained comprehensive data-backed insights to successfully action their plan to venture into the cold beverage vending machine market.

With 15+ years of expertise, Infiniti Research has been instrumental in providing the complete range of deep-dive market assessment, strategy, and research services for 500+ companies across the globe. Request a free proposal from our industry experts for unparalleled data-driven market insights to support your business decisions.

The engagement covers:

  • Comprehensive insights including cold beverage vending machine market segmentation (based on region and application segment)
  • Critical market dynamics including market size forecasted CAGR up to 2024, market trends, and challenges
  • Competitive assessment of leading cold beverage vending machine operators in global markets
  • Key recommendations from industry experts to successfully venture into the cold beverages vending machine market

Key results obtained by the client

Infiniti Research developed incisive market insights to support the market expansion plan of the F&B manufacturer into the cold beverages vending machine market. Key results obtained by the client through the engagement include:

  • Accurately profiled and targeted the audience in different locations, which helped market and sell the right products. This not only helped the company increase the sales considerably but also increased its market share by 20% within the first nine months.
  • Invested in a lucrative beverage product segment for sale through vending machines. This initiative became a huge success giving them an annual profit of $ 2.1 million. Want to learn more about the product segment that the client invested in and the strategies adopted? Download the FREE resource.
  • Adopted vending machines with high-tech, self-servicing technologies. This helped the client gain high accessibility, low operation cost, and higher effectiveness
  • Identified and eliminated underperforming product categories sold through their vending machines using a location-based approach, helping them in better inventory planning

Get in touch with an industry expertfor detailed insights on the global cold beverage vending machine market.

About Infiniti Research

Established in 2003, Infiniti Research is a leading market intelligence company providing smart solutions to address your business challenges. Infiniti Research studies markets in more than 100 countries to help analyze competitive activity, see beyond market disruptions, and develop intelligent business strategies. To know more, visit: https://www.infinitiresearch.com/about-us

View source version on businesswire.com:https://www.businesswire.com/news/home/20200730005632/en/

CONTACT: Infiniti Research

Anirban Choudhury

Marketing Manager

US: +1 844 778 0600

UK: +44 203 893 3400

https://www.infinitiresearch.com/contact-us

KEYWORD:

INDUSTRY KEYWORD: FOOD/BEVERAGE RETAIL

SOURCE: Infiniti Research

Copyright Business Wire 2020.

PUB: 07/30/2020 10:11 AM/DISC: 07/30/2020 10:11 AM

http://www.businesswire.com/news/home/20200730005632/en

© 2020 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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