© 2017 Global Market Insights, Inc. USA. All Rights Reserved Beverage Refrigeration Market Analysis by Growth Drivers and Current Trends till In this fast-paced era, consumers are being more inclined toward packaged drinks, owing to its convenience and easy storage, which in turn has inflated the demand for beverage refrigeration market, at a global scale. In fact, statistics claim that the global consumption of packaged drinks was around 1.05 trillion liters in 2016 of which China consumed a major portion accounting for billion liters. These figures bear a rather vivid testimony to the fact that the beverage refrigeration industry is overt to witness massive proceeds with the increasing consumption of packaged drinks. beverage refrigeration market Global Market Insights, Inc. claims the overall beverage refrigeration market share to surpass USD 4.5 billion by Considering the rising demand for beverages, many manufacturing companies are offering a variety of products ranging from countertop beverage refrigerator, under counter beverage refrigerator, storage beverage refrigerator and milk coolers.
As per the estimates, countertop beverage refrigeration market is estimated to witness a CAGR of 5.1% over , having generated revenue over USD 1.39 billion in The under counter beverage refrigerators on the other hand have also witnessed huge popularity, owing to their UV protected glass doors. This feature of under counter beverage refrigerator helps in extending product’s shelf life with minimum contamination and is thus widely used in storing beer, wine, water, juices, soda, and other drinks. The intelligent process cooling technique has led to a paradigm shift in beverage refrigeration market by bringing in significant operational efficacies. Realizing the substantial role cooling place in the overall beverage sector, manufacturing companies have brought forth a slew of innovative engineering concepts, generating a substantial momentum in the product spectrum of beverage refrigeration industry. One such example is of Frigel’s foray into the beverage refrigeration market with its highly-engineered refrigeration systems. Elaborating further, the company has engineered cooling system that performs precise beverage cooling with zero contaminants. This modular approach toward refrigeration includes application in maturation, syrup cooling, yeast cooling, fermentation, carbonation, cooling tunnels, and pasteurization. © 2017 Global Market Insights, Inc. USA. All Rights Reserved Compressed Air Treatment Equipment Market Scenario:
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© 2017 Global Market Insights, Inc. USA. All Rights Reserved Make An Inquiry To Purchase This Competitive Analysis: Speaking of the competitive hierarchy, some of the renowned names in this industry include Whirlpool Corporation, Coca-Cola, General Electrics, KingsBottle, Kenmore, Daikin Industries, and Electrolux. Regional Analysis: Asia Pacific is yet another major growth avenue, driven by the growing retail & food business in the region. Accounting for more than 60% of the world population, APAC is estimated to procure more than two-third of the global beverages consumption by 2020 – a factor profoundly driving the regional industry expansion. Statistics claim APAC beverage refrigeration market to register a CAGR of 6.1% over
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