Flourishing Cold Chain Industry Driving Demand for Industrial Refrigeration Systems

The rapid expansion in the global cold chain industry is fueling the demand for industrial refrigeration systems across the world. The mushrooming sales of medicines is the biggest factor responsible for the growth of the worldwide cold chain industry. According to reports,...

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Industrial Refrigeration Systems Market to Register a 5.8% CAGR during 2018–2023

The food and beverages processing industry is witnessing rapid growth in developing countries. On an average, 90% of the produced food is processed in developed countries such as the U.S. While the growth of this industry was quite slow in developing countries, as compared...

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Industrial Refrigeration Systems Market Driven by Growing Cold Chain Sector

The industrial refrigeration systems market is progressing due to the growing food and beverage processing domain in emerging economies and rising usage of such equipment in the chemicals and pharmaceuticals and cold chain industries. From $23,862.7 million in 2017, the...

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How Rising Demand for a Safer Cooling Systems is Contributing to Industrial Refrigeration Systems Market Growth?

Cold chain is a logistics system which helps maintain the ideal storage conditions for perishable items while transporting them from the point of origin to the point of consumption in the supply chain. The aim of the cold chain is to reduce spoilage and retain the quality...

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