Middle East and Africa commercial refrigeration equipment Market

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2022
Growing Popularity of Ready-To-Eat Foods
Propelling Demand for Commercial Refrigeration
Equipment in Middle East and Africa
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The burgeoning requirement for beverages, frozen
foods, and ready-to-eat food items is fueling the
sales of commercial refrigeration equipment in
the Middle East and Africa (MEA) region. In
addition to this, the surging disposable income
of the people residing in these countries and the
growing popularity of western lifestyles are
boosting the consumption of ready-to-eat food
items and frozen foods, especially among the
middle-class people of the developing nations
such as Oman, Egypt, and the U.A.E. This
rapidly changing food consumption trend is being
caused due to the expansion of food and
restaurant chains, hypermarkets, and supermarkets
in the region. The increasing number of
restaurants and food outlets is making the
unorganized restaurant owners and small grocery
retailers upgrade their facilities and
infrastructure with various advanced electronic
appliances such as commercial refrigeration
systems. Moreover, this trend is offering
numerous lucrative growth opportunities to new
retail outlets and restaurants. The expansion
of the retail industry, especially in the Middle
East region, on account of the soaring
investments being made in infrastructural
development and construction activities, the
acquisition of new brands, and development of
strong digital platforms is also propelling the
demand for commercial refrigeration equipment in
the MEA region. Qatar, the U.A.E., and Saudi
Arabia are predicted to witness huge growth in
the organized retail sector in the coming
years. Request for sample copy of this report
https//www.psmarketresearch.com/market-analysis/m
ea-commercial-refrigeration-equipment-market/repor
t-sample Due to the aforementioned factors, the
sales of commercial refrigeration equipment are
predicted to climb in the MEA region in the
forthcoming years. This will fuel the boom of the
Middle East and Africa commercial refrigeration
equipment market. As a result, the revenue of the
market is predicted to grow from 3.1 billion in
2017 to 4.8 billion by 2023. Furthermore, the
market is predicted to advance at a CAGR of 7.6
from 2018 to 2023.
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When application is taken into consideration, the
MEA commercial refrigeration equipment market is
divided into food beverage retail, food
beverage distribution, and food service
categories. Amongst these, the food beverage
retail category recorded huge expansion in the
market in the past, as per the market research
company, PS Intelligence. Moreover, this
category will demonstrate rapid advancement in
the market in the future, due to the rising
popularity of ready-to-eat food items and fast
foods in the region. Browse full report at
https//www.psmarketresearch.com/market-analysis/m
ea-commercial-refrigeration-equipment-market   Apa
rt from the aforementioned factors, the
increasing tourism and the several major events
being announced in the region such as the 2022
FIFA World Cup in Qatar and the World Expo 2020
in the U.A.E are also fueling the growth of the
food and beverage retail category in the MEA
commercial refrigeration equipment market.
Additionally, these major events are predicted to
boost the requirement for food and beverage
retail in the GCC (Gulf Cooperation Council)
countries in the coming years. Hence, it can be
said with confidence that the demand for
commercial refrigeration equipment would surge in
the region in the forthcoming years, mainly
because of the rising popularity of ready-to-eat
foods and the increasing tourism in the region.
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Market Segmentation

• Market Segmentation by Equipment Type
• Beverage Refrigeration
• Walk-in Coolers
• Transportation Refrigeration Equipment
• Parts
• Display Cases
• Ice Making Machineries
• Other Equipment (vending machines, cryogenic
  equipment, and liquid chiller)
• Market Segmentation by Application
• Food Service
• Food and Beverage Distribution
• Food and Beverage Retail
• Others (pharmacy refrigeration, genetic
  preservation, medical diagnostic applications)

• Market Segmentation by End-User
• Supermarkets
• Hotels/ Restaurants Catering
• Hypermarkets
• Convenience Stores
• E-commerce
• Others (hospitals educational institutions
  large pharmaceutical stores and medical and life
  sciences)

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Market Segmentation

• Market Segmentation by Geography
• Saudi Arabia Commercial Refrigeration Equipment
  Market
• By equipment type
• By application
• By end-user
• South Africa Commercial Refrigeration Equipment
  Market
• By equipment type
• By application
• By end-user
• U.A.E. Commercial Refrigeration Equipment Market
• By equipment type
• By application
• By end-user

• Egypt Commercial Refrigeration Equipment Market
• By equipment type
• By application
• By end-user
• Rest of MEA Commercial Refrigeration Equipment
  Market
• By equipment type
• By application
• By end-user

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