Commercial refrigeration equipment is used to preserve vegetables, fruits, meat, and other similar products by maintaining the temperature. The evolution of the market is attributed to an improving consumer lifestyles and flourishing food and healthcare industries, growing cold chain market, and increasing use of advanced technologies. The organised food retail industry, which includes hypermarkets, supermarkets, and organised restaurant chains and outlets, has expanded in many countries in recent years. Because of expanding urbanisation in nations like India, Brazil, and China, the organised food retail industry has grown at a breakneck pace.
Major market player included in this report are:
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
Historical year: 2017 - 2020
Base year: 2021
Forecast period: 2022 to 2030
