The great explorer of the truth, the master-builder of human happiness no one rejects dislikes avoids pleasure itself because it is pleasure but because know who do not those how to pursue pleasures rationally encounter consequences that are extremely painful desires to obtain.
Read MoreNorth America Blast Chillers Market to Reach $680 Mn by 2026
Published Date: 2020-12-23
Request a sample
According to the Graphical Research new growth forecast report titled “North America Blast Chillers Market Size By Product (Reach-in [By Capacity {Below 50KG, 50 – 100KG}], Roll-in [By Capacity {Below 100KG, 100 – 200KG, Above 200KG}]), By Application (Hotel & Restaurant, Supermarket, Catering Services, Bakery & Confectionary)”, Estimated To Be Over USD 680 million by 2026
The North America blast chillers market is anticipated to proliferate during the forecast timeline owing to the rapid increase in the number of restaurants and cafes in the U.S. The country witnessed high visitor footfalls and sales specifically in the restaurant segment. According to the U.S. National Restaurant Association, the restaurant industry’s sale is around USD 899 billion in 2020. There are around a million restaurant locations in the country. With the increasing number of restaurants and cafes, blast chillers will witness an accelerating growth in the region. The food & beverages in restaurants require to be preserved at accurate temperatures for maintaining a long shelf-life. Blast chillers allow users to consistently maintain the food temperature without hampering its nutritional value, augmenting the market demand.
The escalating spread of COVID-19 has severely impacted the economies in the region including the U.S. and Canada. The pandemic has hampered the manufacturing industry as blast chiller OEMs are facing a shortage of labor and raw materials. Stringent movement restrictions imposed by government authorities have disrupted the distribution channel network of blast chillers in the region. However, the governments have eased the restrictions due to the gradual containment of virus in the last quarter of 2020, and the blast chillers market will witness a slow growth by 2021.
Ongoing innovation and technological advancements in blast chillers will augment the market share and generate opportunities for product adoption in the region. The integration of advanced features, such as touch screen controllers and automatic chill settings, as per the food requirements has proliferated the demand for blast chillers in North America. The companies are launching new models that are integrated with defrost functions that reduce energy consumption and ensure high performance. Blast chillers have in-built safety sensors that control the operations during the freezing or chilling process, proliferating the industry growth.
Prominent players operating in the North America blast chillers market are Victory refrigeration LLC, American Panel Corporation, Alto Shaam Inc., and Traulsen & Co., Inc. These players are emphasizing on strategic partnerships and mergers & acquisitions to expand their business operations. For instance, in September 2019, Mercury Systems acquired American Panel Corporation. The acquisition helped Mercury Systems and American Panel to expand their customer base and reach in the global market. The product portfolio of Mercury Systems is enhanced post the acquisition of American Panel.
North America blast chillers market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD million from 2016 to 2026 for the following segments:
North America Blast Chillers Market, by Product
- Reach-in
- By Capacity
- Below 50kg
- 50-100kg
- By Capacity
- Roll-in
- By Capacity
- Below 100kg
- 100-200kg
- Above 200kg
- By Capacity
North America Blast Chillers Market, By Application
- Hotel & Restaurant
- Supermarket
- Catering services
- Bakery & Confectionary
- Others
The above information is provided on country basis for the following:
- U.S.
- Canada