openPR Logo
Press release

The Prep Refrigerators Market Set to Grow at a 4.5% CAGR, Anticipated to Reach US$ 12.7 Billion by 2033

09-21-2023 03:24 PM CET | Industry, Real Estate & Construction

Press release from: Future Market Insights

Prep Refrigerators Market

Prep Refrigerators Market

The global prep refrigerators market is on a trajectory of significant growth, poised to reach a valuation of US$ 8.2 billion by the year 2023. This remarkable surge is being powered by a burgeoning demand for eco-friendly refrigeration solutions, which is reshaping the landscape of the refrigeration industry. With a projected Compound Annual Growth Rate (CAGR) of 4.5% between 2023 and 2033, it is anticipated that the prep refrigerators market will ascend to an impressive US$ 12.7 billion by 2033.

One of the driving forces behind this remarkable expansion, as highlighted by Future Market Insights, is the escalating adoption of commercial kitchens. The food service industry, in particular, is experiencing rapid growth, with emerging economies taking the lead. This surge in the food service sector has given rise to large-scale food production, necessitating specialized equipment like commercial kitchens. Within these commercial kitchens, prep refrigerators play a pivotal role in ensuring food safety, quality, and efficiency.

The increasing preference for commercial kitchens is closely tied to evolving consumer habits. Dining out, ordering takeout, or enjoying home-delivered meals have become commonplace in today's fast-paced world. As a result, restaurants, cafes, catering services, and other food-related businesses are striving to meet the growing demand for freshly prepared, high-quality food. This shift is underpinned by the desire for convenience and the pursuit of unique culinary experiences.

Fuel Your Expertise: Request Sample Report Instantly! https://www.futuremarketinsights.com/reports/sample/rep-gb-17120

The growth of the prep refrigerators market is also being driven by the expansion of the food service industry in emerging economies. A growing need for commercial kitchens and food storage solutions has been witnessed, as more people dine out more frequently. The need for customized and flexible refrigeration solutions that can meet the unique needs of individual businesses is also piquing the interest of food service providers in prep refrigerators.

- Key Takeaways:

The global prep refrigerators market was valued at US$ 7.8 Billion by 2022.

From 2018 to 2022, the market demand expanded at a CAGR of 2.3%.

North America is expected to hold a dominant CAGR of 4.4% during the forecast period.

By type, combination refrigerated prep tables are expected to rise in demand at a CAGR of 4.3%.

By distribution channel, online retail stores are expected to dominate the market with a CAGR of 4.2%.

- Competitive Landscape:

Prominent players in the prep refrigerators market are TRUE, Empura, Dover Corporation, Electrolux Professional, The Middleby Corporation, Delfield, Nella, New Air, Atosa, Beverage Air, Turbo Air, Universal, Haier Group, Hoshizaki, and Leader, among others.

- Recent Developments:

In 2021, True Manufacturing announced the launch of a new line of glass door refrigerators and freezers that use natural refrigerants and are designed to be highly energy-efficient. The company also expanded its production facilities in Missouri to meet the growing demand for its products.

In 2021, Dover Corporation completed the acquisition of So-Low Environmental Equipment Co., a manufacturer of low-temperature freezers and refrigerators. The acquisition is expected to expand Dover's product portfolio and strengthen its position in the scientific and healthcare markets.

In 2021, Hoshizaki Corporation announced the launch of a new line of prep refrigerators with advanced features such as remote monitoring and digital controls.

- More Valuable Insights Available:

Future Market Insights offers an unbiased analysis of the global prep refrigerators market, providing historical data for 2018 to 2022 and forecast statistics from 2023 to 2033.

To understand opportunities in the prep refrigerators market, the market is segmented on the basis of type (prep tables with doors, prep tables with drawers, and combination refrigerated prep tables), by top type (standard top, mega top, and cutting top), refrigeration method (air-cooled, cold wall, and liquid jacket), by distribution channel (offline stores, and online retail store) across five major regions (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa).

Your Gateway to Unparalleled Knowledge: Don't Miss Out - Buy Your Comprehensive Report Today. https://www.futuremarketinsights.com/checkout/17120

- Key Segments Profiled:

By Type:
Prep Tables with Doors
Prep Tables with Drawers
Combination Refrigerated Prep Tables

By Top Type:
Standard Top
Mega Top
Cutting Top

By Refrigeration Method:
Air Cooled
Cold Wall
Liquid Jacket

By Distribution Channel:
Offline Stores
Hypermarkets
Departmental Stores
Multi-brand Stores
Discount Stores
Specialty Stores
Online Retail Stores

By Region:
North America
Latin America
Europe
Asia Pacific
Middle East & Africa

Author:

Ronak Shah (Associate Vice President at Future Market Insights) is deeply committed to uncovering actionable insights for consumer and food and beverage players. She brings a unique blend of analysis, industry trends, and consumer behavior to put data into perspective.

What she makes out of data becomes a delight to read. She has authored many opinions, including for publications like Process Industry Informer and Spinal Surgery News, as she understands the market pulse and consumers' shifting preferences.

She likes to bring experts to a roundtable to weigh the impact of a trend on an industry.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Nandini Singh Sawlani
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

This release was published on openPR.

Permanent link to this press release:

Copy
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 The Prep Refrigerators Market Set to Grow at a 4.5% CAGR, Anticipated to Reach US$ 12.7 Billion by 2033 here

News-ID: 3217517 • Views:

More Releases from Future Market Insights

AI in IoT Market Set to Reach USD 172.8 Billion by 2035 with 6.4% CAGR Amid Rising Digital Transformation
AI in IoT Market Set to Reach USD 172.8 Billion by 2035 with 6.4% CAGR Amid Risi …
The AI in IoT market is witnessing rapid expansion as enterprises across industries increasingly integrate artificial intelligence with Internet of Things (IoT) systems. Valued at USD 92.9 billion in 2025, the market is projected to reach USD 172.8 billion by 2035, representing a compound annual growth rate of 6.4%. The integration of AI into IoT infrastructure enables predictive analytics, real-time monitoring, and automated control across multiple applications, transforming how businesses
Catalog Management System Market Poised to Reach USD 4.2 Billion by 2035 with Advanced Technology Integration
Catalog Management System Market Poised to Reach USD 4.2 Billion by 2035 with Ad …
The catalog management system (CMS) market is experiencing steady and strategic growth, with its value projected to rise from USD 1.9 billion in 2025 to USD 4.2 billion by 2035, reflecting a compound annual growth rate (CAGR) of 8.1%. The market expansion is primarily fueled by businesses' growing need for centralized product information, streamlined digital operations, and enhanced customer experiences across increasingly complex sales channels. As e-commerce continues to penetrate global
HIFI Electronics Market Set to Double by 2035, Driven by Premium Audio and Technological Innovation
HIFI Electronics Market Set to Double by 2035, Driven by Premium Audio and Techn …
The global HIFI electronics market is poised for remarkable growth over the next decade, projected to expand from USD 17,243.4 million in 2025 to USD 37,227.2 million by 2035. This impressive growth trajectory, representing an absolute increase of nearly USD 19,983.8 million and a compound annual growth rate (CAGR) of 8%, reflects the rising global appetite for premium audio experiences and high-fidelity sound reproduction across personal and professional applications. The expansion
Interrogation Table Market to Reach USD 435.7 Million by 2035, Driven by Security Infrastructure Expansion
Interrogation Table Market to Reach USD 435.7 Million by 2035, Driven by Securit …
The global interrogation table market, valued at USD 321.1 million in 2025, is set to grow steadily to USD 435.7 million by 2035, registering a moderate CAGR of 3.1%. This trajectory reflects a market gradually approaching maturity, where incremental demand for specialized security furniture outweighs rapid expansion. The early stage from 2025 to 2028 is expected to see modest increases in annual revenues, primarily linked to new infrastructure development across

All 5 Releases


More Releases for Prep

Fired Days After Being Hired, San Diego Tutor Launches WozPrep to Challenge Big …
When Spencer Wozniak was hired as an MCAT instructor by a leading test prep company, he was excited to bring his background in artificial intelligence research into the classroom. But after sharing that vision, he was let go just days into the job. Rather than walk away from test prep, Wozniak leaned in. He founded WozPrep-a personalized MCAT tutoring service that now serves dozens of students across San Diego and beyond,
Stephen Hanson Income Tax Prep Lauded By BibleBall.org
Bible Ball Inc director Roy O'Dell Gray has reached out to Stephen Hanson Income Tax Preparation for help navigating the tax waters of the nonprofit organization. Gray realizes that, while he has achieved some fame for running multiple radio stations on The Jazz Joy and Roy Global Radio Network, which is underwritten by BibleBall.org, he is no tax expert. "Stephen Hanson Income Tax Preparation has been the go-to company
Global Fruit Prep Market, Global Fruit Prep Industry, Covid-19 Impact Global Fru …
The Fruit Prep market is expected to grow from USD X.X million in 2020 to USD X.X million by 2026, at a CAGR of X.X% during the forecast period. The Global Fruit Prep Market report is a comprehensive research that focuses on the overall consumption structure, development trends, sales models and sales of top countries in the global Fruit Prep market. The report focuses on well-known providers in the global
Data Prep Market Comprehensive Survey 2025
Global Data Prep Market: Snapshot Data preparation involves collecting, cleaning, and consolidating data into a single file or database to be utilizable for analysis purposes. Data preparation is mostly used for non-standard data, for combining data from several sources, dealing with data from unstructured sources, and reporting on data that was entered manually. Data prep employs tools such as data cataloging, data ingestion, data curation, data quality, and data governance to
Data Prep Market Qualitative Insights On Application 2025
Global Data Prep Market: Snapshot Data preparation involves collecting, cleaning, and consolidating data into a single file or database to be utilizable for analysis purposes. Data preparation is mostly used for non-standard data, for combining data from several sources, dealing with data from unstructured sources, and reporting on data that was entered manually. Data prep employs tools such as data cataloging, data ingestion, data curation, data quality, and data governance to
Global Electrode Prep Market Research Report 2016
2016 Global Electrode Prep Industry Report is a professional and in-depth research report on the world’s major regional market conditions of the Electrode Prep industry, focusing on the main regions (North America, Europe and Asia) and the main countries (United States, Germany, Japan and China). Request Sample Report: http://www.reportbazzar.com/request-sample/?pid=691646&ptitle=Global+Electrode+Prep+Market+Research+Report+2016&req=Sample The report firstly introduced the Electrode Prep basics: definitions, classifications, applications and industry chain overview; industry policies and plans; product specifications; manufacturing processes; cost