Dublin, Aug. 6, 2014 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/tnx4wh/industrial) has announced the addition of the "Industrial Refrigeration Equipment Market - Latin America Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019" report to their offering.
Latin America industrial refrigeration equipment market was valued at USD 431.8 million in 2012 and is expected to see growth at 6.5% CAGR from 2013 to 2019. Industrial refrigeration systems play crucial role in the business operations of companies across industries, such as food and beverage processing, cold storage warehousing, and chemical processing, among others, which require temperature controlled handling of raw materials, in-process materials, and finished goods.
Maintaining temperature at desired levels is critical to ensure desired quality of materials throughout the prescribed use time (best before or expiry date). Changing food consumption trends and increased international trade of food products, which require refrigeration, are some of the key factors which are currently driving the industrial refrigeration industry in Latin America.
Industrial refrigeration equipment are extensively used in different industries including food production and processing, petrochemicals, beverage production, and others. Among these potential applications, the highest revenue share, 24.5%, was contributed by food production and processing segment, in 2012. Food production and processing is expected to be the fastest growing application segment driven by expanding non-agro processing industry in Latin America.
Key Topics Covered:
Chapter 1 Preface
Chapter 2 Executive Summary
Chapter 3 Latin America Industrial Refrigeration Equipment Market Overview
Chapter 4 Latin America Industrial Refrigeration Equipment Market Analysis, by Product
Chapter 5 Latin America Industrial Refrigeration Equipment Market Analysis, by Applications
Chapter 6 Latin America Industrial Refrigeration Equipment Market, by Geography
Chapter 7 Company Profiles
- BITZER Kuhlmaschinenbau GmbH
- DE RIGO Refrigeration srl
- GEA Group AG
- Industrial Frigo srl,
- Mayekawa Mfg. Co., Ltd.
- Vilter Manufacturing
- Yantai Moon Co. Ltd.
For more information visit http://www.researchandmarkets.com/research/tnx4wh/industrial
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Source:Research and Markets