PUNE, India, April 30, 2024 /PRNewswire/ -- The report titled
"Refrigerator & Freezer Market by Type
(Bottom-freezer Refrigerator, French Door Refrigerator,
Side-by-Side Refrigerator), Temperature Range (-40 °C to -150 °C, 0
to 4 °C, 0 °C to -40 °C), Capacity, Distribution Channel,
Application, Use - Global Forecast 2024-2030" is
now available on 360iResearch.com's offering, presents an analysis
indicating that the market projected to grow from a size of
$185.49 billion in 2023 to reach
$269.16 billion by 2030, at a CAGR of
5.46% over the forecast period.
"Innovative Refrigeration Technologies
Drive Global Market Growth Amid Rising Food Safety and
Sustainability Trends"
The essential household appliance refrigerator ensures that food
and drinks are kept at low temperatures to decelerate spoilage. It
utilizes heat exchange to cool its interior and expel heat outside,
thus maintaining an internal environment more relaxed than the
surrounding air. Freezers, a variation of refrigerators, are
engineered to sustain temperatures far below water's freezing
point, crucial for long-term food storage by suspending bacterial
and pathogen growth, thereby keeping food's essential nutrients,
texture, and taste intact. This is vital for home and commercial
food preservation. The escalating emphasis on food safety standards
globally and an uptick in urbanization and modern lifestyles
amplify the demand for advanced refrigerating solutions, including
energy-efficient and smart models. Although the market faces high
costs and stringent international standards for energy consumption
and refrigerants, innovations in cooling technologies and smart
features are set to open new market opportunities. Regionally, the
Americas is in energy-saving and smart refrigeration options, with
the European Union major in adopting eco-friendly and
energy-efficient refrigerators guided by strict regulatory
frameworks. The Asia-Pacific
region is experiencing significant growth due to rising urban
living and disposable incomes, with a marked preference for
appliances that align with local needs. The Middle East and Africa are gradually moving toward
energy-efficient models, driven by urbanization and specific
climatic demands. This global shift toward innovative refrigeration
solutions highlights a collective move toward sustainability,
efficiency, and food safety in the refrigerator and freezer
market.
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@ https://www.360iresearch.com/library/intelligence/refrigerator-freezer
"Enhancing Food Safety through Advanced
Refrigeration by Meeting Global Standards"
The emphasis on food safety across the globe has spurred a
significant increase in the demand for advanced refrigerators and
freezers across residential, commercial, and industrial sectors.
Governed by stringent regulations, such as the USA's Food Safety Modernization Act (FSMA) and
the European Union's General Food Law, alongside international
directives by the Codex Alimentarius, these standards are pivotal
in ensuring food products' safety and quality. They mandate
rigorous temperature controls to curb bacterial growth and avert
foodborne illnesses, necessitating state-of-the-art cold storage
solutions. This regulatory landscape and growing public awareness
of food safety prompts consumers and businesses alike to seek out
the latest refrigeration technology. Such a trend highlights the
crucial role of refrigerators and freezers in maintaining public
health and illuminates the direct link between regulatory
compliance, consumer expectations, and technological advancements
in the refrigeration sector.
"The Critical Role of Refrigeration and
Ultra-Low Temperature Freezing"
Maintaining a refrigerator's temperature between 0 °C and 4 °C
is crucial for safeguarding perishable items such as dairy, fresh
produce, and meats against harmful bacterial growth, ensuring these
foods remain safe to consume and retain their freshness. This
specific temperature range is essential in both household and
commercial refrigeration to comply with health standards, as
temperatures above 4 °C can significantly increase the risk of
foodborne illnesses by fostering the rapid spread of bacteria.
Ultra-low temperature (ULT) freezers operate between -40 °C and
-150 °C and are pivotal in the scientific and medical fields. These
freezers are indispensable for preserving volatile chemicals,
biological samples including RNA and DNA, and viruses, aiding in
critical research and pharmaceutical storage. Companies are at the
forefront of providing equipment capable of reaching these extreme
temperatures. Meanwhile, freezers that maintain temperatures from 0
°C to -40 °C are versatile assets across the food industry,
clinical labs, and pharmaceutical sectors, ensuring the integrity
of products and samples at subzero conditions. This temperature
control is paramount in protecting the food supply and advancing
medical and scientific research, underlining the importance of
refrigeration technology in our daily lives and industries.
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@ https://www.360iresearch.com/library/intelligence/refrigerator-freezer
"Carrier Global Corporation at the
Forefront of Refrigerator & Freezer Market with a Strong 11.03%
Market Share"
The key players in the Refrigerator & Freezer Market include
Carrier Global Corporation, Whirlpool Corporation, Haier Group
Corporation, LG Electronics Inc., Liebherr-International
Deutschland GmbH, and others. These prominent players focus on
strategies such as expansions, acquisitions, joint ventures, and
developing new products to strengthen their market positions.
"Introducing ThinkMi: Revolutionizing
Market Intelligence with AI-Powered Insights for the Refrigerator
& Freezer Market"
We proudly unveil ThinkMi, a cutting-edge AI product designed to
transform how businesses interact with the Refrigerator &
Freezer Market. ThinkMi stands out as your premier market
intelligence partner, delivering unparalleled insights with the
power of artificial intelligence. Whether deciphering market trends
or offering actionable intelligence, ThinkMi is engineered to
provide precise, relevant answers to your most critical business
questions. This revolutionary tool is more than just an information
source; it's a strategic asset that empowers your decision-making
with up-to-the-minute data, ensuring you stay ahead in the fiercely
competitive Refrigerator & Freezer Market. Embrace the future
of market analysis with ThinkMi, where informed decisions lead to
remarkable growth.
Ask Question to ThinkMi
@ https://app.360iresearch.com/library/intelligence/refrigerator-freezer
"Dive into the Refrigerator & Freezer
Market Landscape: Explore 186 Pages of Insights, 556 Tables, and 28
Figures"
- Preface
- Research Methodology
- Executive Summary
- Market Overview
- Market Insights
- Refrigerator & Freezer Market, by Type
- Refrigerator & Freezer Market, by Temperature Range
- Refrigerator & Freezer Market, by Capacity
- Refrigerator & Freezer Market, by Distribution Channel
- Refrigerator & Freezer Market, by Application
- Refrigerator & Freezer Market, by Use
- Americas Refrigerator & Freezer Market
- Asia-Pacific Refrigerator & Freezer Market
- Europe, Middle East & Africa Refrigerator &
Freezer Market
- Competitive Landscape
- Competitive Portfolio
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@ https://www.360iresearch.com/library/intelligence/refrigerator-freezer
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