Share this article FELTON, Calif., May 4, 2021 /PRNewswire/ -- The global Ice Maker Market size is expected to reach USD 4.39 billion by 2028, according to a new report by Million Insights. It is expected to expand at a CAGR of 4.3% from 2021 to 2028. What are Key Factors Driving the Ice Maker Market? The increasing demand for ice makers from the foodservice industry owing to the growing sales of processed foods and the individuals' rising income levels is expected to drive the market. Large fast-food chains such as McDonald's and KFC have been increasingly adopting this product, thus leading to the market growth globally. The adoption rate of ice makers is increasing among the major economies, including China and India.