North America Commercial Refrigeration Market Forecast to 2030 - Regional Analysis - by Type (Refrigerator, Freezer, Heated Cabinets, Milk Coolers, Chef Bases, Full Size Undercounters, Full Size Prep Tables Refrigerator and Freezers, Back Bar, Blast Chill

North America Commercial Refrigeration Market Forecast to 2030 - Regional Analysis - by Type (Refrigerator, Freezer, Heated Cabinets, Milk Coolers, Chef Bases, Full Size Undercounters, Full Size Prep Tables Refrigerator and Freezers, Back Bar, Blast Chillers, and Others), Application (Hospitality and Institutional), Door Type (Single, Dual, and Multi), and Section Type (Single, Dual, and Multi)


The North America commercial refrigeration market was valued at US$ 10,607.11 million in 2022 and is expected to reach US$ 16,812.25 million by 2030; it is estimated to grow at a CAGR of 5.9% from 2022 to 2030.

Growing Demand for Frozen and Processed Food Fuels the North America Commercial Refrigeration Market

The growing demand for frozen and processed food is a key driver propelling the expansion of the commercial refrigeration market. As consumer lifestyles evolve and urbanization rises, there is a notable shift in dietary habits towards convenience, leading to an increased reliance on frozen and processed food products. Commercial refrigeration system plays a pivotal role in preserving the quality and safety of these perishable items throughout the supply chain.

With a surge in supermarkets, hypermarkets, and convenience stores globally, the need for robust and energy-efficient refrigeration solutions has intensified. Commercial refrigeration ensures the extended shelf life of frozen and processed foods, reducing food waste and meeting the escalating demand for diverse food options. Further, many brands provide healthy and nutritious frozen food that is gluten-free, organic, low-carb, high-protein, and more.

Additionally, stringent regulations and standards regarding food safety and storage further drive the adoption of advanced commercial refrigeration systems. These systems not only maintain optimal temperature conditions but also incorporate features such as humidity control to preserve the freshness of perishable goods.

The demand for frozen food increased rapidly in the US during the peak of the COVID-19 outbreak in 2020. According to the American Frozen Food Institute (AFFI), frozen food sales increased to US$ 65.8 billion in 2020 from US$ 54 billion in 2019, a rise of 22%. Even in 2022, the demand for frozen food was growing continuously. According to AFFI, in 2022, frozen food sales reached US$ 72.2 billion and increased by 8.6% from sales in 2021. Also, it is seen that, compared to pre-pandemic levels, in 2022, the demand for frozen processed meat, frozen snacks, frozen seafood, and other frozen foods doubled. The sales of frozen processed meat were US$ 4.9 billion in 2022, an increase of 74.3% compared to 2019. Similarly, frozen snack sales reached US$ 3.5 billion in 2022 (a rise of 58.5% compared to 2019), while frozen seafood sales reached US$ 7.1 billion (an increase of 36.9% compared to 2019). The rise in frozen and processed food sales is fueling the market's growth.

North America Commercial Refrigeration Market Overview

The commercial refrigeration system comprises several types of cooling appliances, including refrigerators, freezers, milk coolers, and blast chillers. These appliances are used to store food ingredients or prepared food in restaurants, hotels, cafes, and other establishments. They are also used in supermarkets and retail stores to store vegetables, fruits, meats, beverages, drinks, dairy products, and other food items. In the US, it is seen that processed meat, frozen snacks, frozen seafood, and other frozen foods provided by various brands are considered nutritious and healthy. The growing demand for frozen and processed food in the US is raising the need for commercial refrigeration systems in restaurants, supermarkets, and others. Thus, the growing number of supermarkets and hypermarkets is expected to raise the need for refrigeration systems in the country. The integration of different technologies, such as the Internet of Things (IoT), artificial intelligence (AI), and machine learning (ML), in refrigeration systems help in the maintenance and diagnosis of problems associated with the usage pattern of the system. Thus, the rising use of refrigeration systems to store food products is fueling the growth of the market.

North America Commercial Refrigeration Market Revenue and Forecast to 2030 (US$ Million)

North America Commercial Refrigeration Market Segmentation

The North America commercial refrigeration Market is segmented based on type, application, door type, and section type.

Based on type, the North America commercial refrigeration market is segmented into refrigerators, freezer, heated cabinets, milk coolers, chef bases, full size undercounters, full size prep tables refrigerator and freezers, back bar, blast chillers, and others. The refrigerators segment held the largest share in 2022.

Based on application, the North America commercial refrigeration market is bifurcated into hospitality, and institutional. The hospitality segment held the larger share in 2022.

Based on door type, the North America commercial refrigeration market is segmented into single, dual, and multi. The dual segment held largest share in 2022.

Based on section type, the North America commercial refrigeration market is segmented into single, dual, and multi. The dual segment held the largest share in 2022.

Based on country, the North America commercial refrigeration market is segmented into US, Canada, and Mexico. The US dominated the North America commercial refrigeration market.

Beverage-Air Corp, Hoshizaki Corp, Victory Refrigeration, True Manufacturing Co Inc, Libherr USA Co, Marmon Holding Inc, Traulsen & Co Inc, Turbo Air Inc, Haier Smart Home Co Ltd, and Daikin Industries Inc are some of the leading companies operating in the North America commercial refrigeration market.

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1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
3.4 Macro-Economic Factor Analysis
3.5 Developing Base Number
3.6 Data Triangulation
3.7 Country Level Data
3.8 Calculation Base and Assumptions
4. North America Commercial Refrigeration Market Landscape
4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.3.1 List of Vendors in Value Chain:
5. North America Commercial Refrigeration Market - Key Industry Dynamics
5.1 Drivers
5.1.1 Growing Demand for Frozen and Processed Food
5.1.2 Rise in Online Food Retailing and Food Delivery Services
5.2 Market Restraints
5.2.1 High Capital Cost and Maintenance Challenges
5.3 Market Opportunities
5.3.1 Rising Number of Supermarkets and Hypermarkets
5.4 Future Trends
5.4.1 Growing Technological Advancements in Refrigeration Systems
5.5 Impact of Drivers and Restraints:
6. Commercial Refrigeration Market - North America Market Analysis
6.1 North America commercial refrigeration market Revenue (US$ Million), 2022 - 2030
7. North America Commercial Refrigeration Market Analysis - Type
7.1 Refrigerators
7.1.1 Overview
7.1.2 Refrigerators North America Commercial Refrigeration Market Revenue and Forecasts To 2030 (US$ Million)
7.2 Freezer
7.2.1 Overview
7.2.2 Freezer North America Commercial Refrigeration Market Revenue and Forecasts To 2030 (US$ Million)
7.3 Heated Cabinets
7.3.1 Overview
7.3.2 Heated Cabinets North America Commercial Refrigeration Market Revenue and Forecasts To 2030 (US$ Million)
7.4 Milk Coolers
7.4.1 Overview
7.4.2 Milk Coolers North America Commercial Refrigeration Market Revenue and Forecasts To 2030 (US$ Million)
7.5 Chef Bases
7.5.1 Overview
7.5.2 Chef Bases North America Commercial Refrigeration Market Revenue and Forecasts To 2030 (US$ Million)
7.6 Full Size Undercounters
7.6.1 Overview
7.6.2 Full Size Undercounters North America Commercial Refrigeration Market Revenue and Forecasts To 2030 (US$ Million)
7.7 Full Size Prep Tables Refrigerator and Freezers
7.7.1 Overview
7.7.2 Full Size Prep Tables Refrigerator and Freezers North America Commercial Refrigeration Market Revenue and Forecasts To 2030 (US$ Million)
7.8 Back Bar
7.8.1 Overview
7.8.2 Back Bar North America Commercial Refrigeration Market Revenue and Forecasts To 2030 (US$ Million)
7.9 Blast Chillers
7.9.1 Overview
7.9.2 Blast Chillers North America Commercial Refrigeration Market Revenue and Forecasts To 2030 (US$ Million)
7.10 Others
7.10.1 Overview
7.10.2 Others North America Commercial Refrigeration Market Revenue and Forecasts To 2030 (US$ Million)
8. North America Commercial Refrigeration Market Analysis - Application
8.1 Hospitality
8.1.1 Overview
8.1.2 Hospitality North America Commercial Refrigeration Market Revenue and Forecasts To 2030 (US$ Million)
8.2 Institutional
8.2.1 Overview
8.2.2 Institutional North America Commercial Refrigeration Market Revenue and Forecasts To 2030 (US$ Million)
9. North America Commercial Refrigeration Market Analysis - Door Type
9.1 Single
9.1.1 Overview
9.1.2 Single North America Commercial Refrigeration Market Revenue and Forecasts To 2030 (US$ Million)
9.2 Dual
9.2.1 Overview
9.2.2 Dual North America Commercial Refrigeration Market Revenue and Forecasts To 2030 (US$ Million)
9.3 Multi
9.3.1 Overview
9.3.2 Multi North America Commercial Refrigeration Market Revenue and Forecasts To 2030 (US$ Million)
10. North America Commercial Refrigeration Market Analysis - Section Type
10.1 Single
10.1.1 Overview
10.1.2 Single North America Commercial Refrigeration Market Revenue and Forecasts To 2030 (US$ Million)
10.2 Dual
10.2.1 Overview
10.2.2 Dual North America Commercial Refrigeration Market Revenue and Forecasts To 2030 (US$ Million)
10.3 Multi
10.3.1 Overview
10.3.2 Multi North America Commercial Refrigeration Market Revenue and Forecasts To 2030 (US$ Million)
11. North America Commercial Refrigeration Market - Country Analysis
11.1 Overview
11.1.1 North America Commercial Refrigeration Market Revenue and Forecasts and Analysis - By Countries
11.1.1.1 North America Commercial Refrigeration Market, by Country - Revenue and Forecast to 2030 (USD Million)
11.1.1.2 US Commercial Refrigeration Market Revenue and Forecasts to 2030 (US$ Mn)
11.1.1.2.1 US Commercial Refrigeration Market Breakdown by Type
11.1.1.2.2 US Commercial Refrigeration Market Breakdown by Application
11.1.1.2.3 US Commercial Refrigeration Market Breakdown by Door Type
11.1.1.2.4 US Commercial Refrigeration Market Breakdown by Section Type
11.1.1.3 Canada Commercial Refrigeration Market Revenue and Forecasts to 2030 (US$ Mn)
11.1.1.3.1 Canada Commercial Refrigeration Market Breakdown by Type
11.1.1.3.2 Canada Commercial Refrigeration Market Breakdown by Application
11.1.1.3.3 Canada Commercial Refrigeration Market Breakdown by Door Type
11.1.1.3.4 Canada North America Commercial Refrigeration Market Breakdown by Section Type
11.1.1.4 Mexico Commercial Refrigeration Market Revenue and Forecasts to 2030 (US$ Mn)
11.1.1.4.1 Mexico Commercial Refrigeration Market Breakdown by Type
11.1.1.4.2 Mexico Commercial Refrigeration Market Breakdown by Application
11.1.1.4.3 Mexico Commercial Refrigeration Market Breakdown by Door Type
11.1.1.4.4 Mexico Commercial Refrigeration Market Breakdown by Section Type
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 New Product Development
12.4 Merger and Acquisition
13. Company Profiles
13.1 Beverage-Air Corp
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Hoshizaki Corp
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Victory Refrigeration
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 SWOT Analysis
13.3.5 Key Developments
13.4 True Manufacturing Co Inc
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Liebherr USA Co
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Marmon Holdings Inc
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Traulsen & Co Inc
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Turbo Air Inc
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Haier Smart Home Co Ltd
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Daikin Industries Ltd
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 Word Index
LIST OF TABLES
Table 1. North America Commercial Refrigeration Market Segmentation
Table 2. North America Commercial Refrigeration Market Revenue and Forecasts To 2030 (US$ Million) - Type
Table 3. North America Commercial Refrigeration Market Revenue and Forecasts To 2030 (US$ Million) - Application
Table 4. North America Commercial Refrigeration Market Revenue and Forecasts To 2030 (US$ Million) - Door Type
Table 5. North America commercial refrigeration market Revenue and Forecasts To 2030 (US$ Million) - Section Type
Table 6. North America Commercial Refrigeration Market, by Country - Revenue and Forecast to 2030 (USD Million)
Table 7. US Commercial Refrigeration Market Revenue and Forecasts To 2030 (US$ Mn) - By Type
Table 8. US Commercial Refrigeration Market Revenue and Forecasts To 2030 (US$ Mn) - By Application
Table 9. US Commercial Refrigeration Market Revenue and Forecasts To 2030 (US$ Mn) - By Door Type
Table 10. US Commercial Refrigeration Market Revenue and Forecasts To 2030 (US$ Mn) - By Section Type
Table 11. Canada Commercial Refrigeration Market Revenue and Forecasts To 2030 (US$ Mn) - By Type
Table 12. Canada Commercial Refrigeration Market Revenue and Forecasts To 2030 (US$ Mn) - By Application
Table 13. Canada Commercial Refrigeration Market Revenue and Forecasts To 2030 (US$ Mn) - By Door Type
Table 14. Canada Commercial Refrigeration Market Revenue and Forecasts To 2030 (US$ Mn) - By Section Type
Table 15. Mexico Commercial Refrigeration Market Revenue and Forecasts To 2030 (US$ Mn) - By Type
Table 16. Mexico Commercial Refrigeration Market Revenue and Forecasts To 2030 (US$ Mn) - By Application
Table 17. Mexico Commercial Refrigeration Market Revenue and Forecasts To 2030 (US$ Mn) - By Door Type
Table 18. Mexico Commercial Refrigeration Market Revenue and Forecasts To 2030 (US$ Mn) - By Section Type
Table 19. List of Abbreviation
LIST OF FIGURES
Figure 1. North America commercial refrigeration market Segmentation, By Country
Figure 2. Country- PEST Analysis
Figure 3. Ecosystem: North America Commercial Refrigeration Market
Figure 4. North America Commercial Refrigeration Market - Key Industry Dynamics
Figure 5. Impact Analysis of Drivers and Restraints
Figure 6. North America Commercial Refrigeration Market Revenue (US$ Million), 2022 & 2030
Figure 7. North America Commercial Refrigeration Market Share (%) - Type, 2022 and 2030
Figure 8. Refrigerators North America Commercial Refrigeration Market Revenue and Forecasts To 2030 (US$ Million)
Figure 9. Freezer North America Commercial Refrigeration Market Revenue and Forecasts To 2030 (US$ Million)
Figure 10. Heated Cabinets North America Commercial Refrigeration Market Revenue and Forecasts To 2030 (US$ Million)
Figure 11. Milk Coolers North America Commercial Refrigeration Market Revenue and Forecasts To 2030 (US$ Million)
Figure 12. Chef Bases North America Commercial Refrigeration Market Revenue and Forecasts To 2030 (US$ Million)
Figure 13. Full Size Undercounters North America Commercial Refrigeration Market Revenue and Forecasts To 2030 (US$ Million)
Figure 14. Full Size Prep Tables Refrigerator and Freezers North America Commercial Refrigeration Market Revenue and Forecasts To 2030 (US$ Million)
Figure 15. Back Bar North America Commercial Refrigeration Market Revenue and Forecasts To 2030 (US$ Million)
Figure 16. Blast Chillers North America Commercial Refrigeration Market Revenue and Forecasts To 2030 (US$ Million)
Figure 17. Others North America Commercial Refrigeration Market Revenue and Forecasts To 2030 (US$ Million)
Figure 18. North America Commercial Refrigeration Market Share (%) - Application, 2022 and 2030
Figure 19. Hospitality North America Commercial Refrigeration Market Revenue and Forecasts To 2030 (US$ Million)
Figure 20. Institutional North America Commercial Refrigeration Market Revenue and Forecasts To 2030 (US$ Million)
Figure 21. North America Commercial Refrigeration Market Share (%) - Door Type, 2022 and 2030
Figure 22. Single North America Commercial Refrigeration Market Revenue and Forecasts To 2030 (US$ Million)
Figure 23. Dual North America Commercial Refrigeration Market Revenue and Forecasts To 2030 (US$ Million)
Figure 24. Multi North America Commercial Refrigeration Market Revenue and Forecasts To 2030 (US$ Million)
Figure 25. North America commercial refrigeration market Share (%) - Application, 2022 and 2030
Figure 26. Single North America Commercial Refrigeration Market Revenue and Forecasts To 2030 (US$ Million)
Figure 27. Dual North America Commercial Refrigeration Market Revenue and Forecasts To 2030 (US$ Million)
Figure 28. Multi North America Commercial Refrigeration Market Revenue and Forecasts To 2030 (US$ Million)
Figure 29. North America Commercial Refrigeration Market Breakdown by Key Countries, 2022 (US$ Mn)
Figure 30. North America Commercial Refrigeration Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 31. US Commercial Refrigeration Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 32. Canada Commercial Refrigeration Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 33. Mexico Commercial Refrigeration Market Revenue and Forecasts To 2030 (US$ Mn)

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