The rapid development of such food outlets and the upgradation of small restaurants and grocery stores are bolstering the sales of commercial refrigeration systems as these systems are heavily required in these stores. Furthermore, the development of organized food retail chains and the growing popularity of e-commerce are boosting the need for food storage, which is, in turn, fueling the usage of large refrigeration systems.
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The increasing population in several countries is massively propelling the demand for food products, which is subsequently leading to a sharp rise in the sales of refrigeration systems across the world. Because of the above-mentioned reasons, the global commercial refrigeration equipment market is predicted to register explosive growth in the future years.
Walk-in coolers, beverage refrigeration equipment, ice merchandisers and ice vending equipment, and display showcases are the most widely used types of refrigeration systems around the world. Amongst these, the sales of the walk-in coolers were recorded to be very high during the last few years. This is ascribed to the burgeoning customer requirement for walk-in coolers.
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Moreover, the walk-in coolers manufacturing companies are increasingly focusing on R&D (research and development) activities for developing refrigerants having low-global-warming-potential (GWP). The major application areas of the refrigeration systems are the food and beverage production, food and beverage retail, and food service. Out of these, the utilization of these equipment is predicted to be the highest in the food service applications in the coming years.
This is credited to the rapid growth of the global tourism industry, increasing number of food outlets and restaurant chains, and the rising government support in many countries for the adoption of sustainable refrigeration solutions in hotels, restaurants, educational institutions, fast food chains, and hospitals.
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