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Stock impact report

United States Walk-in Cooler and Freezer Market to Reach USD 5,081.6 Million by 2034, Driven by Rising Demand in Food Services and Energy-efficient Solutions [Yahoo! Finance]

Dover Corporation (DOV) 
Last dover corporation earnings: 4/21 06:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
Regional dynamics and the expanding food service industry, especially in the South, fuel market opportunities. NEWARK, DE / ACCESSWIRE / December 5, 2024 / The United States walk-in cooler and freezer market is on a robust growth trajectory, projected to expand from USD 3,049.9 million in 2024 to USD 5,081.6 million by 2034, reflecting a CAGR of over the forecast period. This market's growth is primarily attributed to increasing demand for energy-efficient refrigeration solutions and their applications in various industries such as food service, biotechnology, and life sciences. Walk-in coolers, which require less insulation and energy compared to freezers, are a preferred choice across industries like food service, grocery stores, and catering services. Their simpler installation and lower service charges make them an economical option for businesses aiming to maintain freshness without freezing. These advantages are particularly significant in facilities requiring optimal temper Show less Read more
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