Commercial refrigeration equipment are refrigerators with remote or self-contained condensing units. These refrigerators are designed especially for commercial use with a wide range of temperature control (typically from -18°C to +10°C). Commercial refrigerators are largely used for food and beverage storage and merchandising purposes.

Commercial refrigeration equipment is expected to witness strong demand globally, especially due to growing frozen and processed food consumption. Commercial refrigeration equipment is commonly used at convenience stores, grocery stores, supermarkets, restaurants specialty food stores, cafeterias, and other food retail stores.

Researchers authoring the report segment the world commercial refrigeration equipment market as per application and product with different segments taken into account. On the basis of application, you could find some or the other prospects in four key segments, viz. food and beverage production, food and beverage distribution, food and beverage retail, and food service.

However, analysts foretell the world commercial refrigeration equipment market to be largely benefited with the leading rise of food service anticipated to secure a king’s share until the end of the forecast tenure. The food and beverage industry could witness an escalation in the demand for commercial refrigeration equipment due to the improvement of cascade refrigeration systems installed with variable speed compressors.

The growth of the international commercial refrigeration equipment market is envisaged to remain dominant in Asia Pacific as the region holds a leading position in the global food industry. The demand for food has been growing at a brisk rate in the region on the back of the speedy progress of emerging economies therein. 

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