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Growing cold chain and refrigeration equipment market.

Type of article: Article

Summary

World cold chain market scale was USD 167.24 million in 2015, and is projected to grow to USD 234.49 million in 2020, according to market research firm MarketsandMarkets. Brisk trade in fresh and processed foods has led to increased development of the cold chain on a global scale, and this trend is expected to continue. Meat and seafood, which need to be refrigerated or frozen immediately after processing, account for the majority of the cold chain market. Looking at market scale by region, North America is the largest market, while the Asia-Pacific region is expected to have the highest future growth rate.

Details

  • Original title: Growing cold chain and refrigeration equipment market.
  • Record ID : 30019728
  • Languages: English
  • Subject: Figures, economy
  • Source: JARN - vol. 48 - n. 9
  • Publication date: 2016/09/25

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