Rising Food Safety Concerns on Display

    Refrigerated display cases/cabinets (RDCs) are refrigeration equipment used for storing and displaying products (food and beverage items) which require chilled or frozen conditions. Food refrigeration is of paramount importance for food and beverage companies to ensure minimum damage to their products. The need for Refrigerated Display Cases helps retailers to guarantee longer storage of products which helps them to reduce wastage. The global refrigerated display cases market is anticipated to witness steady growth and will post a moderate CAGR of more than 5 percent over the forecast period (2016-2020), according to a market research by Technavio. The augmented demand for frozen food is one of the major factors driving this market’s growth. Supermarkets and other retail outlets are concerned about keeping ingredients and frozen products safe for consumption, which will increase the need for RDCs.

    The Refrigerated Display Cases market is expected to grow at a notable pace over the next five to six years, according to a report by Allied Market Research, owing to various factors such as expanding organized retail sectors including supermarkets and hypermarkets, and changing food preferences of people. Other factors include, evolving lifestyles, increasing disposable incomes, surging demand for carbonated soft drink bottles and packaged water bottles, and rising food safety concerns. Asia Pacific as a region is expected to show the highest growth rate due to its macro-economic fundamentals, increasing per capita income and increasing demand for CSD and water bottles. Regions such as Western Europe and North America are expected to witness modest growth rate due to high volumes in both regions, according to Future Market Insights. With the increase in the retail industry in Eastern Europe, Middle East and Latin America, the demand for RDCs is expected to witness a substantial growth rate hence putting a bullish trend on the market value. Plug-in and remote RDCs are the two key product types available in the market, of which the former enjoys a higher adoption. Plug-in or integrated RDCs are space- and energy-efficient, compared to remote RDCs. Demand from small to medium sized stores, which often have limited investment power and floor space, is expected to support the market growth of plug-in RDCs as compared to remote systems, according to Transparency Market Research. In 2015, the plug-in RDC segment constituted over 70 percent of total market revenues, with an anticipated CAGR of 10.1 percent from (2016 – 2022), according to Allied Market Research. Moreover, the North American and European countries adopted many changes to the compressor design owing to emission of greenhouse gases like CFCs and HFCs in existing RDCs. Plug-in RDCs are essentially of two types; vertical RDCs and horizontal or semi-horizontal RDCs. Vertical RDCs dominate the market in the product design segment, constituting around three-fifths of the market revenue in 2015. The segment is estimated to exhibit the fastest growth during the forecast period (2015 - 2022). With widespread growth in small and medium sized retail outlets, the demand for Vertical RDCs has witnessed a substantial increase. Horizontal RDCs are expected to exhibit a notable growth trend during the forecast period (2015 - 2022), owing to their growing demand in organized large size retail food stores. Hybrid RDCs, which have dual temperature control system have been gaining adoption, especially with increasing demand from cafes and quick service restaurants. Due to high demand, the industry is highly fragmented with the top 7 players owning not more than 25 percent of the total market share. Some of the major players in the refrigerated display cases are AHT Cooling systems, Epta Spa, Hussman Corporation, Nekano refrigerators co. ltd, and ISA Italy.

    Fatima Saab
    Content Editor & Researcher