Brazil Commercial Food And Biomedical Refrigerators & Freezers Market Size & Outlook
Brazil commercial food and biomedical refrigerators & freezers market, 2018-2030 (US$M)
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Brazil commercial food and biomedical refrigerators & freezers market highlights
- The Brazil commercial food and biomedical refrigerators & freezers market generated a revenue of USD 554.0 million in 2023 and is expected to reach USD 839.3 million by 2030.
- The Brazil market is expected to grow at a CAGR of 6.1% from 2024 to 2030.
- In terms of segment, food sector was the largest revenue generating offering in 2023.
- Biomedical Sector is the most lucrative offering segment registering the fastest growth during the forecast period.
Commercial food and biomedical refrigerators & freezers market data book summary
| Market revenue in 2023 | USD 554.0 million |
| Market revenue in 2030 | USD 839.3 million |
| Growth rate | 6.1% (CAGR from 2023 to 2030) |
| Largest segment | Food sector |
| Fastest growing segment | Biomedical Sector |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Food Sector, Biomedical Sector |
| Key market players worldwide | Angelantoni Life Science, Blue Star, Eppendorf, Haier Biomedical, Helmer Scientific, Liebherr Group, Nuaire, PHC Holdings Corp, Terumo Corp, Thermo Fisher Scientific Inc |
Other key industry trends
- In terms of revenue, Brazil accounted for 1.5% of the global commercial food and biomedical refrigerators & freezers market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil commercial food and biomedical refrigerators & freezers market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 834.0 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 |
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Brazil 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 76.12% in 2023. Horizon Databook has segmented the Brazil 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.
Brazil's tropical climate necessitates reliable refrigeration across various industries. The expansion of supermarket chains and convenience stores across the country is contributing significantly to market growth.
Brazil's strong beverage industry, including soft drinks and beer, requires extensive refrigeration infrastructure. The country's focus on improving cold chain logistics is driving investment in advanced refrigeration technologies.
The rise of food delivery services and ghost kitchens is creating new market opportunities. In addition, Brazil's emphasis on energy efficiency is encouraging the adoption of eco-friendly refrigeration systems.
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Target buyers of Brazil 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 country-level data and insights on the Brazil commercial food and biomedical refrigerators & freezers market , including forecasts for subscribers. This country databook contains high-level insights into Brazil commercial food and biomedical refrigerators & freezers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Brazil commercial food and biomedical refrigerators & freezers market size, by offering, 2018-2030 (US$M)
Brazil Commercial Food and Biomedical Refrigerators & Freezers Market Outlook Share, 2023 & 2030 (US$M)
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