Press release
Refrigerated Counter Market to achieve US$8.7 bn by 2024 | Infrico S.L, Inoksan Group, The Middleby Corp., Coldline srl
The execution of government directions to control vitality utilization and diminish the utilization of hurtful refrigerants is relied upon to help the trade interest for refrigerated counters among end clients in the coming years. Expanding stringency of nourishment wellbeing and quality directions are additionally foreseen to help the market.
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The income of the worldwide refrigerated counters market remained at US$4.5 bn in 2015; this is anticipated to expand at a CAGR of 7.7% amid the conjecture time frame to achieve US$8.7 bn by the end of 2024.
Global Refrigerated Counter Market: Trends and Prospects
One of the key components anticipated that would help the worldwide offers of refrigerated counters incorporates the fixing grasp of administrative bodies on the sustenance creation, preparing, and transportation ventures. To cut down the commonness of nourishment borne sicknesses, sustenance wellbeing associations in a few nations have presented stringent standards for sustenance readiness and capacity, which likewise incorporates the utilization of refrigerated counters to keep sustenance at low temperatures consequently moderating the likelihood of creation of microorganisms in the nourishment items.
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The market is additionally prone to hugely profit by the fast extension of a few worldwide evolved ways of life over the globe. As most evolved ways of life require an assortment of refrigerates hardware to protect nourishment items sourced in mass for utilization for longer lengths, the rising quantities of natural pecking orders will turn out to be a key driver for the market in the following couple of years. Nonetheless, the high base cost and aggregate cost of operation of top of the line refrigerated counters could go about as a limitation for the market, getting control over its development prospects to a specific degree.
Global Refrigerated Counter Market: Regional Outlook
North America was the main regional market as far as income in 2015 and the interest for refrigerated counters is relied upon to increment in lodgings and full-benefit eateries in the coming years. The U.S. is relied upon to be a noteworthy supporter of the refrigerated counters market in North America.
Europe is expected to represent a steady offer in the worldwide market amid the conjecture time frame inferable from the rising execution of government controls with a specific end goal to check the utilization of vitality and the use of refrigerants in refrigerated counters.
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Global Refrigerated Counter Market: Competitive Landscape
The companies operating in the global refrigerated counter market are Infrico S.L, Inoksan Group, The Middleby Corp., Coldline srl, True Manufacturing Co, Inc., Dover Corp., Standex International Corp., The Manitowoc Co. Inc., and Electrolux AB, among many others.
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