Italy Commercial Food And Biomedical Refrigerators & Freezers Market Size & Outlook
Italy commercial food and biomedical refrigerators & freezers market, 2018-2030 (US$M)
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Italy commercial food and biomedical refrigerators & freezers market highlights
- The Italy commercial food and biomedical refrigerators & freezers market generated a revenue of USD 924.4 million in 2023 and is expected to reach USD 1,322.1 million by 2030.
- The Italy market is expected to grow at a CAGR of 5.2% 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 924.4 million |
| Market revenue in 2030 | USD 1,322.1 million |
| Growth rate | 5.2% (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, Italy accounted for 2.5% 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 Europe, Germany commercial food and biomedical refrigerators & freezers market is projected to lead the regional market in terms of revenue in 2030.
- Spain is the fastest growing regional market in Europe and is projected to reach USD 1,176.8 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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Italy 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 72.09% in 2023. Horizon Databook has segmented the Italy 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.
The country's strong food and beverage industry, including its famous wine, cheese, and gelato sectors, is a major driver of demand for specialized refrigeration solutions. Moreover, Italy's growing healthcare and pharmaceutical sectors are boosting the need for biomedical refrigeration equipment.
The country's emphasis on fresh, local ingredients is increasing the demand for efficient cold storage solutions in restaurants and markets. Its focus on energy efficiency and sustainability is also encouraging businesses to adopt ecofriendly refrigeration systems.
Furthermore, the expansion of supermarket chains and convenience stores is contributing to market growth. The country's significant food processing industry requires advanced refrigeration technologies. Its growing biotech and life sciences sectors are further increasing the demand for specialized storage solutions.
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Target buyers of Italy 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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Horizon Databook provides a detailed overview of country-level data and insights on the Italy commercial food and biomedical refrigerators & freezers market , including forecasts for subscribers. This country databook contains high-level insights into Italy commercial food and biomedical refrigerators & freezers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy commercial food and biomedical refrigerators & freezers market size, by offering, 2018-2030 (US$M)
Italy Commercial Food and Biomedical Refrigerators & Freezers Market Outlook Share, 2023 & 2030 (US$M)
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