Global Commercial Refrigeration Equipment Markets, 2019-2020 & 2030 - Rising Ready-to-Eat Products and Rapid Growth of the Organized Food Retail Sector Driving the Market
DUBLIN, Nov. 18, 2020 /PRNewswire/ -- The "Commercial Refrigeration Equipment Market Research Report: By Product, Distribution Channel, Application, End User - Global Industry Analysis and Growth Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.
In 2019, the global commercial refrigeration equipment market attained a value of $24.6 billion and is predicted to progress at a CAGR of 3.0% between 2020 and 2030 to reach a revenue of $33.9 billion by 2030.
The rising requirement for ready-to-eat products and the rapid growth of the organized food retail sector are the prominent factors driving the progress of the market.
Globally, the commercial refrigeration equipment market would exhibit the highest CAGR in the Asia-Pacific (APAC) region in the upcoming years. This is credited to the soaring population levels and the rising purchasing power of people in the region. Moreover, the setting up of several global refrigeration equipment manufacturing companies in the APAC countries, on account of the rapid growth of the quick-service restaurant sector and food chains, is propelling the advancement of the market in the region.
Hence, it can be said without any hesitation that the market would demonstrate huge expansion all over the world in the coming years, primarily because of the rising requirement for food items, increasing popularity of fast foods and ready-to-eat products, and expanding organized food retail sector around the world.
Key Topics Covered:
Chapter 1. Research Background
Chapter 2. Research Methodology
Chapter 3. Executive Summary
Chapter 4 Market Indicators
Chapter 5. Industry Outlook
Chapter 6. Global Market Size and Forecast
Chapter 7. North America Market Size and Forecast
Chapter 8. Europe Market Size and Forecast
Chapter 9. APAC Market Size and Forecast
Chapter 10. LATAM Market Size and Forecast
Chapter 11. MEA Market Size and Forecast
Chapter 12. Major Markets: Segment Analysis
Chapter 13. Competitive Landscape
Chapter 14. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/yhxgos
Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.
Research and Markets
View original content:http://www.prnewswire.com/news-releases/global-commercial-refrigeration-equipment-markets-2019-2020--2030---rising-ready-to-eat-products-and-rapid-growth-of-the-organized-food-retail-sector-driving-the-market-301175918.html
SOURCE Research and Markets
IoT Evolution #TECHSUPERSHOW Expo Hall Open
Autonomation and Predictability in IIoT