Commercial Refrigeration Equipment Market 2017 Analysis and Forecast Commercial Refrigeration Equipment Market - Latin

Commercial Refrigeration Equipment Market - Latin America
Industry Analysis, Size, Share, Growth, Trends and Forecast
2017 – 2025
Latin America Commercial Refrigeration Equipment Market: Overview
There has been a tremendous increase in agricultural and food exports and imports globally. Growth
in production, consumption, and trade of perishable, processed, and packaged food items has driven
the need to design and manufacture efficient and effective refrigeration equipment for the commercial
sector. Refrigeration is one effective method to store and transport perishable food items across and
within nations. Rise in income level has raised the spending capacity in economically developed as
well as developing nations. Level of income in an economy has a huge impact on the spending
capacity of the population on consumption of processed and packaged food items. Export of meat
demands the need for effective transportation refrigeration equipment. Appropriate refrigeration
equipment play a vital role in preventing food wastage due to spoilage during storage and
transportation.
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Production, storage, and transportation of perishable food items require appropriate refrigeration
equipment and the rise in food trade has increased the demand for refrigeration equipment in the
commercial sector significantly. The rise in income levels of an economy also boosts the spending
capacity of the population on leisure travel. To meet the accommodation and meals of travelling
population, the hospitality industry has witnessed a tremendous growth. This industry also keeps pace
with the changing food consumption patterns due to huge penetration of stored, processed, and
packaged food in the food industry. Out of which arises the need to equip the restaurants and food
storage areas with efficient and energy saving refrigeration and storage equipment. Hotel industry
relies largely on refrigeration in order to maintain food supply. The Increasing number of restaurants
also is a vital reason to drive the demand for efficient commercial refrigeration equipment.
Latin America Commercial Refrigeration Equipment Market: Segmentation
This research report provides an in-depth analysis of the commercial refrigeration equipment market
in Latin America based on product type, application, refrigerant type, and country. On the basis of
product type the commercial refrigeration equipment market in Latin America is segmented into
transportation refrigeration equipment, refrigerator and freezer, beverage refrigeration, commercial
refrigeration equipment parts, and others. On the basis of application the commercial refrigeration
equipment market in Latin America is segment into food services, food and beverage retail, food and
beverage distribution, food and beverage production, and others. On the basis of refrigerant type the