Mexico Commercial Refrigeration Equipment Market, by Application

Year WALK-IN/REACH-IN COOLERS DISPLAY CASES BEVERAGE REFRIGERATION
2017 $ 93.2 $ 66.8 $ 36.9
2018 $ 97.8 $ 71.2 $ 39.6
2019 $ 102.7 $ 75.9 $ 42.6
2020 $ 108.0 $ 81.2 $ 45.9
2021 $ 113.8 $ 86.9 $ 49.6
2022 $ 120.0 $ 93.2 $ 53.6
2023 $ 127.0 $ 100.3 $ 58.1
2024 $ 134.5 $ 108.1 $ 63.1
2025 $ 142.3 $ 116.4 $ 68.5
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Mexico Commercial Refrigeration Equipment Market, by Application

Synopsis
The above chart is Mexico Commercial Refrigeration Equipment Market, by Application

Market Dynamics

commercial refrigeration equipment plays a crucial role in the food and beverage industry, ensuring the preservation and storage of perishable items. in mexico, the demand for commercial refrigeration equipment has been steadily increasing due to the country's growing food and beverage sector. let's delve deeper into the demand for these equipment in mexico by discussing various applications. restaurants and hotels: the restaurant and hotel industry is a significant contributor to the demand for commercial refrigeration equipment in mexico. with the increasing tourism and dining out culture, the demand for high-quality food and beverages is also rising. this has led to a greater need for reliable and efficient refrigeration systems to store and preserve ingredients, beverages, and prepared foods. supermarkets and convenience stores: as the retail sector in mexico continues to grow, the demand for commercial refrigeration equipment in supermarkets and convenience stores is also increasing. these establishments need refrigeration systems for storing and displaying a wide variety of food and beverage products, including dairy, meat, fruits, and vegetables. moreover, with the rising demand for ready-to-eat and frozen food items, the demand for specialized refrigeration equipment, such as chilled display cases and walk-in freezers, is also growing. pharmaceutical industry: the pharmaceutical and biotechnology industry in mexico is flourishing, creating a significant demand for pharmaceutical-grade refrigerators and freezers. these refrigeration systems are essential for storing and preserving medicines, vaccines, and other temperature-sensitive drugs. the increasing demand for healthcare services and the rise in the number of pharmaceutical companies have further fueled the demand for commercial refrigeration equipment in this sector. food processing industry: mexico is a major producer and exporter of various food products such as fruits, vegetables, meat, and seafood. the country's food processing industry is continuously expanding, leading to a higher demand for commercial refrigeration equipment. these equipment are crucial for storing raw materials and ingredients, and for preserving the freshness and quality of processed food products. beverage industry: the beverage industry in mexico is primarily dominated by the production and consumption of beer. the country is the world's fourth-largest beer producer, with a growing demand for both alcoholic and non-alcoholic beverages. as such, the demand for specialized refrigeration equipment, such as keg coolers and beverage dispensers, is also increasing. in conclusion, the demand for commercial refrigeration equipment in mexico is mostly driven by the growing food and beverage industry. with the increasing demand for high-quality and safe food products, the need for advanced and efficient refrigeration systems is expected to further rise in the coming years. moreover, with continuous investments in the food and beverage sector, the demand for commercial refrigeration equipment is likely to remain steady in mexico.

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