US Commercial Refrigeration to Grow at 3.2% CAGR to 2025
There is growing demand for frozen and chilled products, expansion of cold chain capacity, technological advancements
VALLEY COTTAGE, N.Y. — The U.S. commercial refrigeration systems market is projected to expand at a healthy compound annual growth rate (CAGR) of 3.2 percent in terms of value through 2025, according to a report from Future Market Insights.
Commercial refrigeration systems are mainly used in hypermarkets, supermarkets, convenience stores, warehouses and distribution centers, the foodservice industry, and food and beverage production units. These systems include products such as ice machines, vending machines, beverage refrigeration equipment, refrigerated display cases, trailers, trucks, containers, and walk-in and reach-in refrigerators.