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Beverage Refrigeration Equipment Market Projected for Promising Growth till 2025

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Beverage Refrigeration Equipment Market: Overview

Beverage refrigeration equipment are commercial refrigeration equipment used at food & beverage retail outlets, such as dairy stores, wine shops, convenience stores, supermarkets and food service providers, such as hotels, restaurants and cafes.

A new research report by Persistence Market Research highlights the scenario of global beverage refrigeration equipment market during the forecast period, 2017-2025. This comprehensive research report is titled ‘Beverage Refrigeration Equipment Market: Global Industry Analysis (2012-2016) and Forecast (2017-2025)’ and covers key insights on the market drivers, restraints, opportunities prevailing in the industry.

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According to this market analysis and forecasts, global demand for beverage refrigeration equipment is expected to grow with increase in the number of retail stores and also growing preference of people towards quick service restaurants. The global beverage refrigeration equipment market is expected to reach a market value of over US$ 5,500 Mn by the end of 2025, growing at a value CAGR of 3.9% during the forecast period. The growth of the market is largely fuelled by the increase in demand, especially from emerging countries in Asia Pacific region.

Beverage Refrigeration Equipment Market: Trends and Opportunities

With growing advancements in beverage refrigeration equipment, the preferences of consumers are changing. Moreover, along with rising environmental awareness across the globe, people are also looking for eco-friendly refrigerants. In addition, targeting developing countries with high per-capita consumption of pre packed beverages will continue to be the core focus for providers. Other than that, the companies are also going to focus on product innovations to compete with other players in the market efficiently and increase their market reach and strengthen their hold.

Beverage Refrigeration Equipment Market: Segmental Analysis

  • Based on product type, soda fountain segment holds the maximum market share as compared to other product type segments. However, beer dispensing equipment is expected to grow at a relatively high value CAGR of 4.7% during the forecast period
  • Based on end-use, food service is expected to lead with a market value of over US$ 3,300 Mn by the end of 2025. However, food and beverage retail segment is expected to register a higher CAGR throughout the period of forecast
  • With respect to region, North America has the highest market share of over US$ 1,800 Mn by the end of 2025. Moreover, the beverage refrigeration equipment is expected to witness high demand from Asia Pacific. The beverage refrigeration equipment market in Asia Pacific region is projected to grow at a higher pace throughout the forecast period

Beverage Refrigeration Equipment Market: Competitive Landscape

This comprehensive research report includes a brief profile of all the key players in the industry. Some of these key players, mentioned in the report are Wolseley Plc, Qingdao Haier Co., Ltd., Gree Electric Appliances, Inc. of Zhuhai, Daikin Industries, Ltd, Watsco, Inc., Hisense Kelon Electrical Holdings Co., Ltd., Lennox International, Inc., Rinnai Corp., Takasago Thermal Engineering Co., Ltd., NIBE Industrier AB etc.

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Table Of Contents

 

 

 

1. Executive Summary
1.1. Overview
1.2. Market Analysis
1.3. PMR Analysis and Recommendations
1.4. Wheel of Fortune

2. Market Introduction
2.1. Market Taxonomy
2.2. Market Definition

3. Market Viewpoint
3.1. Macro-Economic Factors
3.1.1. Global GDP (US$ Tn) Forecast by Region
3.1.2. Global Population (Mn) Forecast by Region
3.1.3. Share of Annual Household Expenditure (%) by Products in Prominent Countries
3.1.4. Global Annual Retail Sales Growth (%), 2009 – 2018 by Region
3.2. Parent Market Overview
3.2.1. Global Heating & Cooling Equipment Industry Overview
3.2.2. Global Commercial Refrigeration Equipment Market
3.2.3. Key Factors Influencing Commercial Refrigeration Systems Purchase Decision-making
3.2.4. Commercial Refrigeration Equipment – Product Replacement Rates
3.2.5. Commercial Refrigeration Equipment – Application Matrix

4. Global Beverage Refrigeration Equipment Market Analysis 2012–2016 and Forecast 2017–2025
4.1. Introduction
4.1.1. Market Volume Projections
4.1.2. Market Size and Y-o-Y Growth
4.1.3. Absolute $ Opportunity
4.2. Value Chain

5. Forecast Factors: Relevance and Impact

6. Global Beverage Refrigeration Equipment Market Analysis 2012–2016 and Forecast 2017–2025 By Product Type
6.1. Introduction / Key Findings
6.2. Historical Market Size (US$ Mn) and Volume Analysis By Product Type, 2012 – 2016
6.3. Current Market Size (US$ Mn) and Volume Forecast By Product Type, 2017 – 2025
6.3.1. Drinking Fountain
6.3.2. Soda Fountain
6.3.3. Beverage Dispensing
6.3.4. Beer Dispensing
6.3.5. Beverage coolers
6.4.  Key Trends / Developments
6.5. Market Attractiveness Analysis By Product Type

7. Global Beverage Refrigeration Equipment Market Analysis 2012–2016 and Forecast 2017–2025 By End Use Industry
7.1. Introduction / Key Findings
7.2. Historical Market Size (US$ Mn) and Volume Analysis By End Use Industry , 2012 – 2016
7.3. Current Market Size (US$ Mn) and Volume Forecast By End Use Industry, 2017 – 2025
7.3.1. Food Service Sector
7.3.2. Retail Food and Beverage Sector
7.4. Key Trends / Developments
7.5. Market Attractiveness Analysis By End Use Industry

8. Global Beverage Refrigeration Equipment Market Analysis 2012–2016 and Forecast 2017–2025 By Region
8.1. Introduction / Key Findings
8.2. Historical Market Size (US$ Mn) and Volume Analysis By Region, 2012 – 2016
8.3. Current Market Size (US$ Mn) and Volume Forecast By Region, 2017 – 2025
8.3.1. North America
8.3.2. Latin America
8.3.3. Asia Pacific
8.3.4. Europe
8.3.5. Middle East and Africa
8.4. Market Attractiveness Analysis By Region

9. North America Beverage Refrigeration Equipment Market Analysis 2012–2016 and Forecast 2017–2025
9.1. Introduction
9.2. Key Regulations
9.3. Pricing Analysis
9.4. Regional Market Dynamics
9.4.1. Drivers
9.4.2. Restraints
9.4.3. Trends
9.5. Historical Market Size (US$ Mn) and Volume Analysis By Market Taxonomy, 2012 – 2016
9.5.1. By Country
9.5.2. By Product Type
9.5.3. By End Use Industry
9.6. Current Market Size (US$ Mn) and Volume Forecast By Country 2017 – 2025
9.6.1. U.S.
9.6.2. Canada
9.7. Current Market Size (US$ Mn) and Volume Forecast By Product Type, 2017 – 2025
9.7.1. Drinking Fountain
9.7.2. Soda Fountain
9.7.3. Beverage Dispensing
9.7.4. Beer Dispensing
9.7.5. Beverage coolers
9.8. Current Market Size (US$ Mn) and Volume Forecast By End Use Industry, 2017 – 2025
9.8.1. Food Service Sector
9.8.2. Retail Food and Beverage Sector
9.9. Drivers and Restraints: Impact Analysis
9.10. Market Attractiveness Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By End Use Industry
9.11. Key Representative Market Participants
9.12. Market Presence (Intensity Map)

10. Latin America Beverage Refrigeration Equipment Market Analysis 2012–2016 and Forecast 2017–2025
10.1. Introduction
10.2. Key Regulations
10.3. Pricing Analysis
10.4. Regional Market Dynamics
10.4.1. Drivers
10.4.2. Restraints
10.4.3. Trends
10.5. Historical Market Size (US$ Mn) and Volume Analysis By Market Taxonomy, 2012 – 2016
10.5.1. By Country
10.5.2. By Product Type
10.5.3. By End Use Industry
10.6. Current Market Size (US$ Mn) and Volume Forecast By Country 2017 – 2025
10.6.1. Brazil
10.6.2. Mexico
10.6.3. Rest of Latin America

 

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