openPR Logo
Press release

Freezer & Beverage and Wine Cooler Market to Experience Significant Growth during the Forecast Period 2018-2026

02-11-2019 07:10 AM CET | Industry, Real Estate & Construction

Press release from: Fact.MR

Freezer & Beverage and Wine Cooler Market to Experience

This has robustly increased the demand for refrigeration and cooling equipment like freezers for the storage of food and beverages that require low temperature. Increase in the consumption of non- alcoholic as well as alcoholic beverages, especially among the young and working population, has fuelled the demand for beverage coolers. Wine is turning out to be one of the most popular drinks, especially among the young generation. The increased demand for wine directly increases the demand for equipment like wine coolers. With the increasing demand for chilled beverages as well as frozen foods, the Freezer & Beverage and Wine Cooler Market is expected to increase positively during the forecast period.

Request Brochure of this Report-

The increase in disposable income has certainly improved the quality of life, and this has fuelled the refrigeration and cooling equipment market across the globe. Changes in lifestyle as well as eating habits are also influenced by the increased demand for frozen and chilled food & beverages. The increasing number of the working people has led to the rising preference for eating out at hotels and various outlets. This has caused the rapid multiplication of the number of restaurants and various fast-food outlets across the globe.

Growing Demand for Freezer & Beverage and Wine Coolers Due to Increased Application in the Food and Beverage Industry

The demand for refrigeration and cooling equipment like freezer & beverage and wine coolers is increasing day by day, due to an increase in their applications. The increase in the consumption of frozen and packaged food as well as alcoholic and non-alcoholic beverages is one of the key drivers for the freezer & beverage and wine cooler market. The growing food and beverage sector, increasing distribution and processing facilities of the food and beverage sector, as well as growth in supermarkets and retail are some secondary factors that are driving the freezer & beverage and wine cooler market. Various technological advancements in freezer & beverage and wine cooler products offer advantages like efficient energy consumption, cost-effective cooling, better product visibility, and easy portability, which have also boosted the demand for freezer & beverage and wine coolers, especially from retailers and small outlet owners. The increasing trend to provide an aesthetic look to convenience stores and restaurants as well as residents has bolstered the demand for small, efficient, as well as portable freezer & beverage and wine coolers. With the increasing demand and introduction of innovative products by manufacturers, the freezer & beverage and wine cooler market is expected to increase positively in terms of value and volume during the forecast period.

To know more about the Freezer & Beverage and Wine Cooler Market Visit the link-

Global Freezer & Beverage and Wine Cooler Market: Key Players

The global freezer & beverage and wine cooler market is growing and is getting competitive. Some of the key players in the global freezer & beverage and wine cooler market are Haier Inc., Whirlpool, Blue Star Limited, KingsBottle USA, Magic Chef Appliance, Living Direct Inc., LG Electronics, NewAir, Frigidaire, and Allavino. More companies are taking interest in launching products and entering the freezer & beverage and wine cooler market.

Global Freezer & Beverage and Wine Cooler Market: Opportunities for Market Participants

The global freezer & beverage and wine cooler market is full of opportunities, especially for developing and launching innovative products. Key companies are investing a lot in R&D in order to develop innovative and smart products.  Automatic and self-cleaning freezer & beverage and wine coolers are becoming popular. Products developed using IoT are supposed to be the next big thing in the global freezer & beverage and wine cooler market. Developing and launching energy- and environment-efficient products is the approach for long-term dominance in the global freezer & beverage and wine cooler market. 

Global Freezer & Beverage and Wine Cooler Market: Regional Outlook

The global freezer & beverage and wine cooler market can be regionally segmented as North America, Latin America, Europe, Asia Pacific excluding Japan, Japan and MEA. North America currently dominates the freezer & beverage and wine cooler market. The rising demand for frozen food and beverages and technological innovations are driving the freezer & beverage and wine cooler market in North America. Europe and Asia Pacific excluding Japan are supposed to be good markets for freezer & beverage and wine coolers. Asia Pacific excluding Japan is expected to experience tremendous growth in the latter half of the forecast period with the growing food and beverage sector as well as less strict government regulations.

The research report presents a comprehensive assessment of the market, and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, rail track, and material type.

Request TOC of this Report-

About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Read Industry News at -

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Freezer & Beverage and Wine Cooler Market to Experience Significant Growth during the Forecast Period 2018-2026 here

News-ID: 1575191 • Views: 156

More Releases from Fact.MR

Rapidly Growing Automotive Industry will Foster Expansion of LiDAR Market by 203 …
One of the most important factors that is driving the growth of LiDAR market is improvisation in LiDAR system's ability of automated processing. Few of the other factors that are supporting the growth of the market include rising demand for innovative 3D imaging technology throughout several areas of applications and growing adoption of aerial LiDAR systems to detect and explore various places and historical details. The capabilities of real-time detection of
Global Electric Lawn Mower Market Is Forecast To Surpass Usd 27.4 Billion By 203 …
Electric lawn mowers are catching the imagination of a rapidly growing 'environmentally-conscious' demographic. Demand is also positively influenced by significant upgrades in battery power and precision cutting. On the coattails of these factors, global sales are likely to surpass 10 million units in 2019, equating a market value in the vicinity of US$ 9 Bn. Demand for electric lawn mowers - subdued in the past due to low battery life and
Evolution of Fashion Ideology Driving Demand for Hair Styling Products, Scrutin …
Global Hair Styling Products Market Outlook Usually hairstyling product range consist of hair color, shampoo, hair oil, hair conditioner, and so on. Rise in trend in fashion industry along with ageing population that is now more conscious to look good and appear young has stirred up the demand for hair styling products. The global hair styling products market is growing at a CAGR of 6.2% during the forecast period 2021-2031 and its
Surgical Instrument Tracking Market Is Estimated To Record An Impressive CAGR Of …
Surgical Instrument Tracking Market: Report Summary and Scope The global surgical instrument tracking system industry is forecast to surge at a CAGR of 18%, reaching US$ 1,294.89 Mn by the end of the 2022-2032 assessment period, according to a recently revamped study published by Fact.MR. The market remains driven by the increased level of automation in the healthcare industry. During the 2017-2021 historical period, the market witnessed an impressive 15.1% CAGR, reaching

All 5 Releases

More Releases for Wine

Wine in Brazil
Latest Report on Wine in Brazil Similar to other alcoholic drinks, wine saw a total volume decline in 2016, with sales falling by 3%. Although this decline was slower than that seen in the previous year, of 4%, it is clear that the negative economic situation continued to affect consumers’ demand for wine. Since it is perceived by many as a non-essential product, other products and types of alcoholic drinks seemed
Matua Barbeque Wine Dinner
Life is way too short to drink a bad wine, and waste a great food. And to make it even more perfect, pair your great foods with great wine! Join us for an incredible and unforgettable taste sensation with one of our Wine Dinner experiences, MATUA Barbeque Wine Dinner with Chef Severin. Enjoy an evening of award winning cuisine. Our menu is designed to offer a selection of dishes from around
Wine Price Records at WineBid Wine Auctions
WineBid wine auctions, final wine trading days More then 60 All Time High Wine Prices were listed: The wine auction days WineBid 2016-03-22 invites interested wine merchants, wine lovers and wine investors. 2757 different lots were saved at Wine-Stocks databases. Wine trading volume more than 4000 wine bottles. The average value of a wine bottle of a sold wine bottle was $ 105. Top 10 Wine Price Records Chateau Latour 2002 3000ml $ 1638 (+)
Re-Wine: Wine Bottle Lamp
MINIWIZ is a Taiwanese firm that is a globally recognized innovator dedicated to eco-solutions through practicing the 3Rs – Reduce, Reuse and Recycle. At Miniwiz, we synergize expertise in design, engineering and manufacturing to deliver innovative solutions by applying existing and future green technology. Our theory of change is that businesses with a focus on sustainability could create positive impact on both social and economic level. Miniwiz had already made a
The Bar & Wine Show
The 12th edition of the Bar and Wine Show will be held on 28th and 29th June 2011, at the Jacob Javits Convention Center in New York. The show is one of the best of its kinds. The Bar and Wine Show will be organized by the RDP Group. As New York has a huge concentration of bars, clubs and restaurants in the world. Therefore, the success of the show
Bread, Salt, Wine...
Bread, Salt, Wine... Greater Boston Chef Partners with Wine Groups for Ongoing Series ( GREATER BOSTON, MA) –Chef Antonio Bettencourt of 62 Restaurant & Wine Bar located in Salem, Massachusetts, has partnered with several wine organizations to launch his new ongoing Wednesday night series called “Bread, Salt, Wine.” Based on the traditional Judeo–Christian blessing and offering brought to a new home, and in an effort to take some of the mystery out