Industrial Refrigeration Systems Market Growth Trends Explored 2030
The global industrial refrigeration systems market, which was valued at US$18.3 billion in 2021, is poised for robust growth, projected to achieve a Compound Annual Growth Rate (CAGR) of 5.1% during the forecast period. Several key factors are driving this growth trajectory, including the escalating consumption of packaged and processed foods and beverages, the imperative to safeguard products from spoilage, and heightened environmental concerns.
Rising Demand for Processed Foods and Sustainable Cooling Solutions
The growing preference for packaged, processed foods, and beverages is propelling the demand for industrial refrigeration systems on a global scale. To ensure the freshness and safety of these products, an efficient cold chain infrastructure is crucial.
In response to global warm...