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With Rise of Curbside, Food & Beverage Retailers Invest in High-Tech Refrigeration Equipment

With Rise of Curbside, Food & Beverage Retailers Invest in High-Tech Refrigeration Equipment
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Global Beverage Refrigeration Equipment Market Trajectory & Analytics to 2027

Share this article Share this article ResearchAndMarkets.com's offering. Amid the COVID-19 crisis, the global market for Beverage Refrigeration Equipment estimated at US$4.2 Billion in the year 2020, is projected to reach a revised size of US$5 Billion by 2027, growing at a CAGR of 2.5% over the analysis period 2020-2027. Drinking Fountain, one of the segments analyzed in the report, is projected to record a 1.8% CAGR and reach US$425.7 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Soda Fountain segment is readjusted to a revised 2.3% CAGR for the next 7-year period.

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