Report Details-
Global Commercial Refrigeration Equipment Market By, Type (Blast Chillers, Refrigerator & Freezer, Transportation Refrigeration, Refrigerated Display Case, Beverage Refrigeration, Ice Cream Merchandiser, Refrigerated Vending Machine), Refrigerant Type (Fluorocarbons, Hydrocarbons, Inorganics), Application (Food service, Food and beverage distribution, Food and Beverage Retail, Other), End User (Food Processing Industry, Food Service Industry, Full Service Restaurant & Hotels, Quick Service Restaurants, Catering Services), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2029
Market Analysis and Insights : Global Commercial Refrigeration Equipment Market
The commercial refrigeration equipment market is expected to witness market growth at a rate of 6.10% in the forecast period of 2022 to 2029, and is estimated to reach the value of USD 60.00 billion by 2029. Data Bridge Market Research report on commercial refrigeration equipment market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in health consciousness globally is escalating the growth of commercial refrigeration equipment market.
Commercial refrigeration refers to the process that involves removing excess heat from a source or a material for maintaining the temperature lower than its surrounding. The equipment used in the process are utilized for preserving food such as fruits, vegetables and meat, among others by maintaining a specific temperature.
The rise in demand for frozen and processed food across the globe acts as one of the major factors driving the growth of commercial refrigeration equipment market. The increase in demand for the refrigeration of frozen foods owning to the notable increase in international food trade, and rapid expansion of the tourism and hospitality sector accelerate the market growth. The rapid improvements in technologies such as ammonia absorption systems and liquid-vapor compression, and rise in preference of end-customers to takeaway meals further influence the market. Additionally, change in lifestyle, surge in the disposable income of people, rise in health-conscious consumers and increase in food expenditure positively affect the commercial refrigeration equipment market. Furthermore, increase in need to effectively control and monitor the environment of a commercial kitchen extend profitable opportunities to the market players in the forecast period of 2022 to 2029.
Global Commercial Refrigeration Equipment Market Scope and Market Size
The commercial refrigeration equipment market is segmented on the basis of type, refrigerant type, application and end user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
On the basis of type, the commercial refrigeration equipment market is segmented into blast chillers, refrigerator & freezer, transportation refrigeration, refrigerated display case, beverage refrigeration, ice cream merchandiser and refrigerated vending machine.
On the basis of refrigerant type, the commercial refrigeration equipment market is segmented into fluorocarbons, hydrocarbons and inorganics.
On the basis of application, the commercial refrigeration equipment market is segmented into food service, food and beverage distribution, food and beverage retail and other.
On the basis of end user, the commercial refrigeration equipment market is segmented into food processing industry, food service industry, full service restaurant & hotels, quick service restaurants and catering services.
Access Full Report:- https://www.databridgemarketresearch.com/reports/global-commercial-refrigeration-equipment-market
Commercial Refrigeration Equipment Market Country Level Analysis
The commercial refrigeration equipment market is analysed and market size, volume information is provided by country, type, refrigerant type, application and end user as referenced above.
The countries covered in the global commercial refrigeration equipment market report are the U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the commercial refrigeration equipment market because of the well-established retail industry in the U.S. Asia-Pacific is expected to witness growth during the forecast period of 2022 to 2029 due to the rising gross disposable income, and increased expenditure in the region.
The country section of the commercial refrigeration equipment market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Request Access for Sample Report:-https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-commercial-refrigeration-equipment-market
Major TOC of the Report
· INTRODUCTION
· MARKET SEGMENTATION
· MARKET OVERVIEW
· EXECUTIVE SUMMARY
Get TOC of the Report:- https://www.databridgemarketresearch.com/toc/?dbmr=global-commercial-refrigeration-equipment-market
About Us:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market
Contact:
Data Bridge Market Research
Tel: +1-888-387-2818
Browse Related Reports@
Tags- Global Commercial Refrigeration Equipment Market, Food & Beverage
,
Kommentarer