Global Commercial Food And Biomedical Refrigerators & Freezers Market Size & Outlook
Global commercial food and biomedical refrigerators & freezers market, 2018-2030 (US$M)
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Global commercial food and biomedical refrigerators & freezers market highlights
- The global commercial food and biomedical refrigerators & freezers market generated a revenue of USD 36,694.0 million in 2023 and is expected to reach USD 53,097.7 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 5.4% by 2030.
- In terms of segment, food sector accounted for a revenue of USD 28,807.3 million in 2023.
- Biomedical Sector is the most lucrative offering segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, UK is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 36,694.0 million |
| Market revenue in 2030 | USD 53,097.7 million |
| Growth rate | 5.4% (CAGR from 2023 to 2030) |
| Largest segment | Food sector |
| Fastest growing segment | Biomedical Sector |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Food Sector, Biomedical Sector |
Other key industry trends
- In terms of revenue, the North America accounted for 32.0% of the global commercial food and biomedical refrigerators & freezers market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, UK is the fastest growing regional market and is projected to reach USD 2,195.2 million by 2030.
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Commercial Food and Biomedical Refrigerators & Freezers Market Scope
Commercial Food and Biomedical Refrigerators & Freezers Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global commercial food and biomedical refrigerators & freezers market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to commercial food and biomedical refrigerators & freezers market will help companies and investors design strategic landscapes.
Food sector was the largest segment with a revenue share of 78.51% in 2023. Horizon Databook has segmented the Global commercial food and biomedical refrigerators & freezers market based on food sector, biomedical sector covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Commercial Food and Biomedical Refrigerators & Freezers Offering Outlook (Revenue, USD Million, 2018-2030)
- Food Sector
- Refrigerators
- Walk-in Refrigerators
- Reach-in Refrigerators
- Display Refrigerators
- Undercounter Refrigerators
- Blast Chillers
- Freezers
- Walk-in Freezers
- Reach-in Freezers
- Display Freezers
- Undercounter Freezers
- Chest Freezers
- Refrigerators
- Biomedical Sector
- Refrigerators
- Blood bank Refrigerators
- Laboratory/Pharmacy/Medical Refrigerators
- Freezers
- Shock Freezers
- Plasma Freezers
- Ultra Low Temperature Freezers
- Laboratory/Pharmacy/Medical Freezers
- Refrigerators
- Food Sector
- Global Commercial Food and Biomedical Refrigerators & Freezers End Use Outlook (Revenue, USD Million, 2018-2030)
- Hospitality
- Hotels & Resorts
- Restaurants
- Others
- Food & Beverage Retail
- Hypermarket & Supermarkets
- Convenience Stores
- Speciality Food Store
- Grocery Store
- Healthcare & Lifesciences
- Hospitals
- Research Laboratories
- Diagnostic Centers
- Blood Banks
- Others
- Pharmaceuticals
- Chemicals
- Others
- Hospitality
- Global Commercial Food and Biomedical Refrigerators & Freezers Capacity Outlook (Revenue, USD Million, 2018-2030)
- Small (Upto 50 Liters)
- Medium (51 to 300 Liters)
- Large (Above 300 Liters)
- Global Commercial Food and Biomedical Refrigerators & Freezers Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
- Distributors and Wholesalers
- Retailers
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Target buyers of Global commercial food and biomedical refrigerators & freezers market databook
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Our clientele includes a mix of commercial food and biomedical refrigerators & freezers market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global commercial food and biomedical refrigerators & freezers market , including forecasts for subscribers. This global databook contains high-level insights into Global commercial food and biomedical refrigerators & freezers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global commercial food and biomedical refrigerators & freezers market size, by regions, 2018-2030 (US$M)
Top 10 countries: Commercial food and biomedical refrigerators & freezers market size, 2023 (US$M)
Global commercial food and biomedical refrigerators & freezers market share, by offering, 2023 & 2030 (%, US$M)
Commercial food and biomedical refrigerators & freezers market: Opportunity assessment by country
Global commercial food and biomedical refrigerators & freezers market, by region, 2023 (US$M)
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