The current business scenario has witnessed an upsurge in the adoption of refrigeration techniques for convenient food storage and display. Several companies have deployed display cases in their commercial establishments to provide consumers with better experience and reduce operational costs.
The global refrigerated display cases (RDC) market is expected to grow at an exponential rate due to wide scale adoption of RDCs in commercial sectors. Commercial developments in the retail food sector in the developing economies are likely to boost the adoption rate of refrigerated display cases. The refrigeration storage industry in Asia-Pacific and the Middle East have boomed rapidly, which is likely to fuel the growth of the global RDC market. Refrigerated display cases (RDC) devices have been increasingly adopted in supermarkets and hypermarkets to ensure food storage and safety. RDCs find applications in biomedical industry for storage of flowers and at corner food retail shops to address the growing concerns of product safety and temperature maintenance.
The demand for processed & packaged products has increased among customers due to the growing concerns of food quality and hygiene. Attractive display of the packaged food in refrigerated display cases (RDCs) is likely to influence the perception of customers to buy such products. In addition, the awareness level of consumers about refrigerated food has increased due to the technological developments, rise in disposable income, and ease of preparation. Retailers prefer switching to RDCs to showcase their food products.
Energy efficient products are popular in the market due to upsurge in energy prices across several countries and implementation of new regulations on energy savings by government agencies. Chlorofluorocarbons (CFCs) and hydrofluorocarbons (HFCs) are some of the refrigerants used in the market, which emit greenhouse gases. According to the U.S. Government, supermarkets consume almost 40% of the total energy used in retail stores. Increase in GDP and growth in per capita income of consumers drive the growth of the refrigeration industry. The growth in the Non-Organization for Economic Co-Operation and Development (OECD) nations is expected to outpace that in OECD nations due to the growing population and rapid economic development. The adoption of energy-efficient and retrofitted RDCs has increased in the matured markets, such as Europe and North America, to reduce wastage.
North America is among one of the matured markets, thus consumers are aware with the refrigerated display cases (RDC) technology. Rising awareness about nutritional food as well as government mandates for health and underage usage have increased the overall demand for display cases. The U.S Department of Energy (DOE) and individuals from Retailer Energy Alliance (REA) project group are concentrating on making solid, energy efficient RDCs to be adapted in the market. The United States has shown strong development for the RDC market in the past. However, the region has achieved mature stage owing to officially settled advancement standards and developed economy.