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Stock impact report

Refrigeration Coolers Market to Hit USD 6.26 Billion by 2032, Driven by Growing Demand in Food, Beverage, Pharmaceuticals, and Retail Sectors | SNS Insider [Yahoo! Finance]

Carrier Global Corporation (CARR) 
Company Research Source: Yahoo! Finance
Austin, Dec. 19, 2024 (GLOBE NEWSWIRE) -- Market Size & Growth Insights: According to the SNS Insider, “The Refrigeration Coolers Market Size was valued at USD 3.70 Billion in 2023 and is expected to reach USD 6.26 Billion by the end of 2032 at CAGR about 6.02% during the forecast period of 2024-2032.” Rising Demand for Processed Foods and Cold Storage Drives Refrigeration Coolers Market Growth The refrigeration coolers market is set for substantial growth, fueled by increasing demand for processed foods and the necessity for efficient cold storage solutions. The Greater Boston Food Bank's expansion of refrigeration capacity highlights the growing need for reliable systems, as demand for refrigerated storage in the food supply chain rises by 4%. With 58% of the American diet now comprising ultra-processed foods, reliable refrigeration is essential to ensure safety and prevent spoilage. The global shift toward plant-based diets and convenience foods, noted by the BBC, further bo Show less Read more
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