United States Commercial Refrigeration Market Size Worth USD 16,148 Million By 2030 | CAGR 5.18%: Infinium Global Research

The United States Commercial Refrigeration Market is undergoing a revolutionary shift, fueled by the escalating demand for commercial refrigerators, particularly in supermarkets and grocery stores. Home to 20% of the world's largest retail chains, the U.S. boasts over 38,000 grocery stores and supermarkets, propelling the demand for commercial refrigeration. This in-depth report delves into the intricacies of market trends, demand forecasts, and the driving and restraining factors influencing the commercial refrigeration landscape. The United States commercial refrigeration market was valued at USD 10,801 Million in 2022 and is expected to reach USD 16,148 Million by 2030 and grow at a CAGR of 5.18% over the forecast period.

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Market Dynamics: From Retail to Foodservice

The report reveals that the rise in establishments within the supermarket and grocery stores industry has significantly heightened the demand for commercial refrigeration. These establishments, dealing with a diverse range of food products, including fresh and prepared meats, canned and frozen foods, and various dairy products, rely heavily on proper refrigeration to maintain product integrity. The steady growth of retail giants like Walmart and the expansion plans of companies such as Lidl and Amazon contribute to the soaring demand for commercial refrigeration in the U.S.

Changing Lifestyles and Food Culture

Rapid urbanization and a busy lifestyle, coupled with technological advancements, have transformed the way Americans live and eat. The shift towards fast food, diverse regional cuisines, and an exploration of international flavors have led to a surge in food joints and eateries, driving the demand for commercial refrigeration products in the foodservice industry. This change in consumer preferences has become a pivotal factor propelling the growth of the commercial refrigeration market.

The Cold Chain Revolution

The cold chain industry in the U.S. is emerging as a promising sector, driven by factors such as international trade for perishable food products, the expansion of food retail chains, growing clinical trials in the medical industry, and government support for cold chain infrastructure development. Portable refrigeration plays a crucial role in safeguarding the integrity of cold chain management, especially for the safe transport of temperature-sensitive goods. The report explores how the demand for commercial refrigeration is intricately linked with the expansion of the cold chain industry.

Environmental Concerns and Regulatory Changes

Amid environmental concerns, the U.S. Department of Energy and the Environmental Protection Agency (EPA) are phasing out hydrofluorocarbons (HFCs) used in commercial chillers. This move is prompting manufacturers to redesign their products, focusing on energy efficiency and minimizing environmental impact. The report acknowledges the challenges posed by the phasing out of HFCs, yet emphasizes the growth opportunities for manufacturers investing in sustainable and compliant refrigeration systems.

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Table of Content

Chapter 1. Report Overview

1.1. Report Description

1.2. Research Methods

1.3. Research Approaches

Chapter 2. Executive Summary

Chapter 3. Market Overview

3.1. Introduction

3.2. Market Dynamics

3.2.1. Drivers

3.2.2. Restraints

3.2.3. Opportunities

3.2.4. Challenges

3.3. PEST-Analysis

3.4. Porter's Diamond Model for the United States Commercial Refrigeration Market

3.5. IGR-Growth Matrix Analysis

3.6. Competitive Landscape in the United States Commercial Refrigeration Market

Chapter 4. United States Commercial Refrigeration Market by Product Type

4.1. Beverage Refrigerators

4.2. Chillers

4.3. Display Cases

4.4. Walk in Coolers

4.5. Freezers & Refrigerators

4.6. Others

Chapter 5. United States Commercial Refrigeration Market by Application

5.1. Food & Beverage Industry

5.2. Food & Beverage Distribution

5.3. Food Service

5.4. Retail Industry

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Reasons to Buy this Report:

=> Comprehensive analysis of regional markets of United States Commercial Refrigeration.

=> Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2030.

=> Comprehensive analysis of the companies operating in this market. The company profile includes an analysis of the product portfolio, revenue, SWOT analysis, and the latest developments of the company.

=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus on to invest, consolidate, expand, and/or diversify.

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About Infinium Global Research:

Infinium Global Research is a business consulting and market research firm; a group of experts that caters to fulfilling business and market research needs of leading companies in various industry verticals and business segments. The company also serves government bodies, institutes, and non-profit/non-government organizations to meet their knowledge and information needs.

Through our information services and solutions, we assist our clients to improve their performance and assess the market conditions to achieve their organizational goals. Our team of experts and analysts are engaged in continuously monitoring and assessing the market conditions to provide knowledge support to our clients. To help our clients and to stay updated with the advances and inventions in technology, business processes, regulations, and the environment, Infinium often conducts regular meets with industry experts and opinion leaders. Our key opinion leaders are involved in monitoring and assessing the progress in the business environment, so as to offer the best opinion to our clients.

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